The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-06-25

[From the St. Louis Inteigencer, June 2o]
ss Of
that has occurred since the 5th inst, on which day
executed the note to Page Bacon, and the deed
tention. At the meeting Monday were present two
directors from Illinois, Judge Breese and A. Ktchen,
Esq and Sam Gsty Of this cy,hSrsss ,5 members who
The transactions Of the board the 5th inst we're of
course subject Of and after full inquiry
the successive steps that have since occurred resolu
ton offered ratying the note TO Page Bacon the
deed Of trust to secure its IT, asa the ION
net in defsut Of the payment Of the note This reso
luton was passed unsnimously-Ayes Messrs Garrison,
Vice President Kitchell Belcher, Bresse, Gaty AMI
The folio wing is copy Of the preamble and resolu
ton
whereas This board on the 5th june authorized aud
erected D. R. Garrison vice Of this company
to execute to Messrs Page Bacon the promissory note
the balance then due fiom this company to the said
Psge Bacon and also TO execute and deliver to Joshua
H Alexander deed of trust upon the lands road, fran
pany in trust to secure the payment OF said note and
in default Of payment Of said note, acsordag to it's
TERMS and effect to enter upon and take posses
sion Of the road &c. in said resolution is more par
culary explained. And whereas, default having been
made in the payment Of said note, the said trustee 10
Of the authority conferred by the said deed
has taken Of the said road for the uses there
Resolved, That the said note, decd, and possession
be and hereby ratified this board and
that the several officers and agents hitherto In the
ploy Of and accountable TO- this company be required
to to the trustee according to the provisions
Of said deed Of trust
Judge Breeze moved the following amendment, which
accepted before the vote was taken
Judge Breese's amendment accepted by the It
being expressly understood that the outstanding
just claims of Id officers agents and others who have
been in the employment and accountable to said cops
n.y. also those Just claims for labor and materials ye.
outstanding ana unpaid, are TO be fully paid and salts
fed as speedily as possible.
II will be seen that six Of the ten directors Of the o.
M. Road present on Monday. Those abseat were
Mesrs W. H. Aspin wall, Of New York, (who approves
city (who said to do the sams) and COL oFallon and
Henry d. Bacon.
Thus there will be found not only majority OF the
board officially approving the action Of the 9th inst
but far greater unanimty Ia q, approving, than Ia
often found in such number Of directors in de:idng
matter Of such vast importance.
And this result Ia beautiful commentary the gross
infamous bes uttered by portion Of the ST. Louis
press Henry D. Bacon one Of the noblest aud most
useful citizens that has lived In st. Louis IL loud
mouthed SANDER and pointed libel and dt graceful de-
fsmation, could have broken down and bullied him
OF the just earnings OF OF toll and msotal suf
ferpg such would have crushed the psmss that ut
ter vain reproaches aeainss him, Mr. Bacon would
be ruined and hopeless man, But thanks to hts own
proud and defiant spirit to hts intellect and his
nerve and to the devotion Of faithful friends who cluny
TO him all the more closely because he bitterly per-
secuted and maligned Mr.. Bacon 10 triumphant and
cure his success In the Ohio aad Mississippi Railroad
to high controlling position in the business Of the
West while tho road itself win remain, through all
time noble monument TO his energy and eotsr prize
for which the people of the state Of Illinois, less than
OF the city Of st. Louis, will hold him In grateful rsnnem
brance and lasting honor.