New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-12-05


geIy Of me R'o seSgs, being one rot only di'eIedls
able to snign nbc fanconary in loaning the use OF
his name nd official station to private citizens for
RSa PprpSss ss WI United Ss 'f saea nsS Com
moJors Vanderbilt, c. X. Garrison, Wm; K Garrison
nd orothcy claiming the steamships OF the Nicaragua
Transit Company as escheating TO the S'aS py
reasons of sbrcgstion OF the 'har'ef Vi sa'd Oo"
The proceeding is extraordinary, moot extIsoi
d;.rv and there might have been some sense 10 1t
had il been instituted by some DINER persons .non
Hr,srs. Crockett and Page, who are we'll known IN
A. o,, a. the legal advisers and council of the de-
Pendants Garrison. c ,,,u .a
sid and comfort from E1Mayor Garison and other
we.by residents of this city in his first assaul. on
Central America. After be had effected Judgment
among his first acts the seizure Of the property OF
Ire Transit Company, Its confscation and sbrogstcn
of the charter E1.Maycr Carlton was. darirg hs
COMPANY The fact is susceptible Of procf that he
even used the ships of the Company to cay troops to
Walker The scheme, though one of force, was at
tempted 10 be covered up under color of law. After
the abroeation Of the charter the Nicaragua Govern
ment conferred the franchise upon Edmund Randolph,
esu and by him the same was transferred TO Mr..
Carbon who united Mr.. Morgan with him in the
enterprise.
1.-THE Company is in trouble; kbypothec stes its ships
TO Commodore Vanderbilt, citizen Of the United
Sta'es He TO all ntents and purposes, becomes and
is the owner of the same and such entitled to the
protection Of the Government OF the United States
We believe thoee ships in addition to being owned by
American citizens have american Registers and sail
under the American flag They were once the property
Of American citizens, acting under foreign corpora
ton; the corporate rights of the Company abroga
ted The foreign corporation is an artificial person or
citizen; by the abrogation of its charter it undergoes
civil death. Its surviyOrs-we mean its stOckhOc ers-
are citizens of the United States and we have the
mark able legal anomaly in the nineteenth century pre-
scented for the first time in effort to escheat transtory
property in possession Of and owned by citizens Of the
q 81 hua
foreign corporation.
NThe property is now in possession of ex- Mayor Gar
rson or his agent, VIM. r. Garrison; its owners are
etkng to dspossess him Of the In the effort to
retain this property, proceeding by attachment is first
resorted to- and fearing the strength of this, the
traordnary effort is made by asserting the proposition
that foreigner the owner of this transtOry prop
erty therefore il must eschea The vail is too himsy
to conceal the object of this proceeding; there moth
ing in it; its object is to harass and embarrass. The
dignity of the State Of California is insulted by the
proceeding. The struggle is between Garrison and
Vanderbilt who owns the ships in controversy and
the great State of California NEEDLES in the fight for
one of the parties"
The dry goods trade continues In s Winter by berna
tonnothing is doing expected TO be done till Feb
ruary. The Spring assortment of goods will soon be-
gin TO arrive out, and importations will be heavy
The season of heavy payments being over, we DO net
expect to hear of any failures among the jobbers
Collections very good, both in amount and punctu
ality.
The following is weekly report Of failures, assign
ments, &c:
Norm an Fowler East Bethel, VT; failed.
Lorenz 70 Bemis Spencer Mass failed time since
advertised insolvent liabilities stated to be $4,000 aud
sets g. 900.
John T. Weeden, Westerly, R. l.; failed.
James MaleJ Hartford Conn., failed-fma dividend ex'
John NJ Sands NewYork City; assigned to William Il. Mi.
chaels
Brewer l. Mead, Peekskin, N. Y; suspended
William Kelsey, Syracuse, N. Y. assigned.
L. c. Whiting Bath, N T.. assigned to W. H. Bull and A.
j. Ferris.
sets 0OO liabilities $4,000 Of which about oso conf
johnson, Holloway Cowdon, Philadelphia Penn; sus'
Levi Burd Meanwhile Penn failed.
Hubble Sons, Wheeling Va sold out by the Sheriff.
Co.. Louisville, ky bankers have been compelled 10
suspend.
w E. Newell l. Co., Clarksvile Team assigned
E. A. Sprague, Woodstock Ohio; failed
Paul Z. Rust Neville, Ohio assigned
Frey Walker Louisville Ohio Suspended liabilities about
$4,000 a. ~
w. X Stow, Chicago, Ill. failed.
Henry l. Turner, Sank City, Wis Suspended. .
BOYLE Tlnan, Beaver DAM Wis assigned TO Nertz
Elwclli assets about $1,000; liabilities about $1,000.
T. s. Richardson Portage City, Wis failed store closed.
Smith L. Lord Muscstine, Iowa; suspended.
The Tuesday Of the suspension Of large retail
grocery house city made quite sensation but
happy had other foundation than the closing OF their
stores in consequence Of death in the family