New-York daily tribune., 1856-09-25
-. ..,,,oo NJ the West A letter

=
- not exceeded by any portion on tne "cs-
ftvm leading stocshoder IN t'e "ao'a" ''pa'
re no. inst been over the line, contains he most
accounts of the prospects Of the road as soon
=. the Western connections are compieted'
m. .e,n;ngs Of the third week of September on The
&c Road were very largc-sl6,096 l5-making
ar asA s5 for three weeks Adding the remaining
-, working DAYS, at the average Of the third week,
IN give s62 800 for the month 81 miles Of road.
The third weeks earnings of the Rock Island Road
were t5O,l5O making sl46 $50 FOR three weeks, or
some IS 0OO more than the entire month last year.
The receipts Of the Morris Canal were;
yS,. Ws., 20 eps,ps saP SEP. So S % sss 50 -sssa3ss
%s.. Tst: to sfgt- siBs seSt - q IS S s sos
,..D 1856 ,ss.....................sl5AI so
The coupons Of the Catawissa, Wlbamspot and
Er;e Road, due lst August, are paid at the Bank oi
North America and also those due on the LIST oc'oDer
proImo
The Washington, from Southampton, brings the
zane dates as the Indian at Quebec
The tax-payers Of the towns Of Genoa and Venice,
n this State are resisting, by suit at law the payment
f interest on certain bonds issued by said towns IN ad
Of the Lake Ontario Auburn and New-York Railroad.
This is very important question, and its decision VIII
Affect very large interest extending throughout the
Union. Able counsel are said to be engaged.
At Philadelphia there no change to notice in the
street rates Of paper Best No. paper goes at about
y cent and from that up to l2dl5 y cent discount,
according TO the credit Of the and the length of
the paper.
Al Boston money il easy al 81 TO cent for prime
paper and at from 10 to II for fair Names
The Boston Journal gives the annexed account of
the proceedings of the stockholders meeting Of the
Ogdensburg Railroad
Mr. Ashley said that the effect Of the sale, II COM
pted would be extnguish the stock entirely, and
70 give the creditors other resource than such col
lateral as they may bave 1t had been proposed by
many Of the stockholders to devise measures pos
sbe to prevent this unfortunate result and they had
consulted able counsel in regard to the praccabty of
an opposition. From that legal gentleman they had
opinion, which justified the belief that sale might
be prevented and petition Wgng strong objections
70 The sale, and asking for injunction to stay the
proceedings, had been prepared IL was now proposed
TO obtain from the parties interested moderate sub
scrptOn TO enable Committee TO go forward with this
petition and TO act further in tle matter as they may
deem best for the interests of the stockholders and
creditors.
WIN. Raymond Lee, esq, President of the Cor
an ihe , "1g sn Ie THe
Directors found the property mortgaged hrst tor
81 500, 600, and second for s5OO9OO6 Under those
mortgages proceedings had been Instituted and de-
cree Of Court obtained
1.-The mortgages were fairly contracted, and their
conditions had not been complied with and ii had not
appeared TO him that President of the Corporation
it his duty that of the Directors to interpose
technical objections to the carrying out the contracts
fairly made with the bondhoders, who had paid their
money upon the strength of those contracts. If the
ockhoders should have instructed him to contest the
proceedings be should however, conceive ii to be his
duty to carry out their views, if possible
"W. IL. Gregory, Charles A. Reed, and John C..
Pratt appointed Committee TO obtain subscrp-
tions amsng the stockholders to be expended in de-
tending the foreclosure suit and in protecting their in
terests far as possible"