New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-12-28


tie roads running 10 Cincinnst, and the tr3uc mas'
be largely increased.
TIE business Of the Clearing House WA s2j 600
The produce mo kets generally are heavy. Grocer
les are finn But quiet B,eadstuf, have & d,wnwsi
tendency with a fsir demand. Southern Flour is,
however, active for shipping the saes to-day being
e 900 bbls Provisions ore heavy and Cotton very
dull.
The referee Of the Knickerbocker Bank has made
report upon the assessment necessary upon the stock
holders Of that institution TO pay s liabilities The
assessment amounts to slI - ' cent, or 81 l.
share Ct stock This is the ret instance of action un'
der the State law providing for the individual respon-
sibility of stockholders 70. the debts Of bank. ln
his report the ree,ee advances the following points:
That could be held by The presto. ut or cashier
in ru,t for the bail. m1's pc ns, p.@e FOR the bank
sucs .rsns'er is absolutely void and eners 40 lle
fer eat Of the funds Of It to be regarded e1il
sstbed sock and the capital reduced that aIGlht rive
Sire, pb.crioed but paid for housh the 'qb;cnb.r
my be liable to suit for the amount ~ u1 ~ ,ns oe ac,
s. Stock Of capital ,ab.cIibed for by
the cashier beLeat the back and paid Tor by ean
Of the fund: Of he bant to e regarded having no eN
T. For cause. the capital witch vas nomnAy $500
shre' $4,000 is held to be 10 reay only li8o 'Aaie'
s. stock hypothec.ed security for loan, though actually
he deli. are sppo NED TO- sorr5wer the equitable
owner though the legal title be in the endsl
.ha be entered OF all the oc d7
ard of every ano 'na CT es SOs 6nOOsd sP:a
Hokbol-tr rot under penalty OF 30 to the oceF VINO
such an account of v.ts the o.
the s,ook merely subjects The bank 70 pen.y OF 100
Gay fer every da, such oms, on may nhae to be ec0 cred
The a.s .s 70 9 ~. 6 nb a0 ~ s tns one to
pay me n,s The oss any, arising tom th: csuse
f upon tie ditor' and not upon the 'ovent STOCK
E. In nal rg spportionmen soTsnce be made
cl,im fore he Rec liver or DIVIDENDS unpaid An
oet =. The amount cen be made not by the res1e 10
O. In Gaze u stcek he'd BY person in for another
the liability fr the debts Of The impo led the
trustee and not tn p.rson bensfci,y interested unless it
OF the latter which the rtionnent Of the de h will
b. user the psry beneGci,ij insefe,rd ,.,,..-
TO- In of sto ID b. married women, the liibiy
for the detts be imposed upon them aad not UPON their
re.s L Of tAsi thus twnios separate property.
H. The general ule Of aPportonnet that those st2's
tie time The debts were tn, time default 10
the pa ent Of them was made
The report will tie presented to the supreme Court
for cc1 fimeIion in January.
At Boston, st auction, the following Safe Stocks
wee sold:
2C,i:if e.ch) State Maine 6. psy.bl, ls57...
2Certfcstes $500 escB) Ms,schusets cent stock,
piysb.e July 10,
Mr. ]. w. Brooks has been elected President OF the
Michigan Central Railroad, vice Mr. Forbes resigned.
Mr. Forbes has served since the organization OF the
Company without compensation. The circular of the
Company just published, states the amount to credit
OF the Income a,................ &6fi2S 81
- dividend, Just declared ......... s6ls@ Ga
Bal.r ce.......................... $197S2 %
The receipts of the six months ending November
80, 1875 iSSa2,
Prevsu half llOorSl
TO- Iast half ~ rar
and for the same period of 1855, 81 p cent.
The Stock and Bondhoders of the Vermont Central
Railroad held citing Monday afternoon, to con-
slider the best to be pursued to protect their
interest in the road. The meeting was fully attended.
j. G, Pratt Yves chosen Chairman and w. II. Greger-
son Secretary
MIR. II. W. Pickering, member OF The lnvestigat
ing tee chosen at the October meeting made
asattment which be said was the result Of his OWL
investigation. The Committee consisted of himself j.
H. Stark and DIR. Wheeler of Burlington, and they
f:4ii 10 tho n.n.. OF .a .o.d oaa tho date
Of tie last Investigating Committees report in 1882,
down TO the tr when the read passed into the hands
Of the Vermont AID Canada Railroad Company by
of the non payment of rent due the latter Com
paDy. In accordance with the desire of the meeting
Mr. Pci eing proceeded to state what they had been
enabled TO CLEAN from examination Of the books of
the Company, showing the expenditure OF sums of
money OF uncommon magnitude and for purp poses al
together Unusual" Among the expenses which
struck the Committee as highly extrsvsgant was the
amount paid for legal services to several gentlemen
within the space OF little over two years. Tae
nature Of these services cannot he ascerained but
few vouchers have been shown calculated to throw
light upon the subject, but Il appears that there
paid to
j. P Putnam, esq by Directors in 20 months o7S %
P Putnam, esq by trustees in months. COO 90
ofwhich s. go va, paid July q 1851
T. Rsye In months by Direc aud Trustees. go 90
j. III. II
p,at, aP Pscr Nv Sa 80, 90
sydney Bartlett Is months by Directors and Trustee, 1871
To n nj Eli Ii, % . ":.i o Ia. I
ye,ies,ins COMMITTEES, and be slso state, thstoyer
$500 were disbur,ed BY him for extra elerk hire
vices to paes not speclst the of........ 25n 81
To the hon charles IT, Louns ~ "
Making total O63 c3
Beside great deal which may have been |
charged TO some other account, which appears 10 hsve
been tie practice II s added that the Solicitor of the
Wetttm Railroad Company is paid 10 full for all ser
vices 81 500 per annuIn.
In the payment Of other than legal services the
Managers of The Vermont Central Railroad appear to |
be equally liberal.
For they not only psd John Smith, esq, in twenty
three months sll $50 49, bit allowed $3.50 interest
his salary Trustee not paid promp1y S3ll ~ for
travelling expenses and transient. services, and so 20
Interest on the same.
To NJ. G C. R.nd tsbo appears to have been the
printer e the lnvestis rating Con mitees Report) IN
To + Il Lesv Co. merry clerk Of The CcmpsayJ
iOT
For subs the stat Fair 100 On
For church click e. Nor lOOt 20
Thee items, though comparatively small in the pay
ments OF large corporation, seem 10 show the class
of expenditures sud the OF TIE taL to WI. N
your property has been subjected.
II ere GTe Other entries OF SUMS Of great magnitude
to which Mr. Stark has given more attention than
have been able to do, nd upon which he may throw
some iigtt-such as
Amt paid fer Iureh,s Of Ogdsuhush r. shsreA S5 6 80
paid tor purshase Of Grand Jan sii1n l7475 90