The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-06-28
6ssss"" 'or Liverpool. So 1873 In specie to. ssss si5
3AQ AaGdatsp1 Irecaurnx ~ axs fallo...

6ssss"cc, Tor liverpool So 1873 In spece to.a tsss 81
neAs'astaas 1reesurcr reports to-day ~ folIowp;-
1ota1 recctpts. ACKNOWLEDGEMENTS. 15acso
e. 1so'' 80. :-..--c ........ slsst
Ss~oeo'.. 49,. ....-............. lObu,2lI
Tho steamship IndAS 1t Quebec, from Liverpool brina
four dsys ater from Europe the last quotations
oon'ok was psT per cesl the a BY The prevsou
~oame'' In the msrtss gssssy 20 change Ia reported
meeting Of the Board u Dyrctors Of the niohisa
Southern and Northern. Indiana R.rsAt was held TIL
morning, when Mr. John A. Gray seaderd bis resigns
ton o. foows-
( ksv yoHx, Juno n, ls>S7.
10 hr tEn.cross or TIE MICHIGAN SorrsxRs horn
mn 'NDsAAA Rail eoAp COMPANY
| GssrixMxs-h Ia well Known 10 you In accepting the
once OF Treasurer OF yo.r company AZ critical period Ia
It's tnsHces d so With greet }nctaace on my part a
than ordinary responsibilities, and involved IN the ovos
peo great sscrtnoer OF time ami comfort r.s-rred 70
s and s"S rs ;na p'oa 81 s' ~ Saa to n TIE
w Influenced In my acceptance 81 the Office roiey and
onrey ey the desire and intention to aid far nv
power great and important enterprise In rr9asws,g We
~rpprr rnsstsoA and credn IN Tie comriis, tben hall
ana nSve tue most entire confidence In the
and ability TOO COMPANY under proper %anassmeni. to
dividends upcn It's so.t CrtGuAtsnces subsequently,
transpired, which It Is no. asc~sry Leer 10 re.
fer 70, which induced a majority OF Ios intora.Ny,
intended aud the time OF my rex reneat lets
indefinite Events OF recent da'o, however. ied
lat. which yos y aterday deemed proper to re-
CT vtag mnch regret tais "a i0pases on the
rpopstb t7 Of aceg against the wrhe. Of majority Of
th Bossv IL rSssuDg, Is DOW do, perempt'r'iy, the
Office Of Treasurer al your company. 10 take effect frcn
this date. Ia due to myself, 10 oonssqueuoe OF tim.
uns ih-o@u out, axe ,bs declaration that since
connection VI the ompsny have not been interest
directly pdrecy Ia cpy operation In The stock OF
The courang except 10 the extent Of my au"s ripon 10
he puara tot stock appeared In the publ1hed 81,
deempe suoh operations entirely Inconsistent and tmpro
Per the ofcer OF company me end .iots
If he cong r-y r.Gs heqf. yrtr from farther
rrrtcotol q, ere rqbic Teul ing you gentlemen, for
ing you that tito welfare Of the company Ia which many
OF my friends Intereed will he cons cred by
ne m, respectfully, yours, JNo g. GRAY
The t.eef ~ reeigpstsp thus teDdered BY Mr. Gray,
laid tabs by the Board Of Directors who ap
pointed committee, with aenan = RetGed es Chairman,
70 report upon the r,cyrtety Of organization ef
odcers.
The Ines we have pat Ia Italics must st,o sho,e best
acquainted VITA the 6naacos Of that company with
prise. II would appear frcca Mr.. orsys card tnsa ths
critical period In the comnnyr anGaces has pared eod
that the concern WAS In easy Of cumsnoes The fact Is
lar from this The company Is deeply embarrsssd cad
much In want OF money. n IL daily lie the rsrkct
q borrowprp Public conGscrso will not be rcstor.
cd until ths entire party connected with the Fast
mauansgenoen. Of the road Ia rooted ead roc.,d
out, horse, foot and drngoons M. Gray has net
been idsnencd win me corruption and extravaganza
u the Michigan Southern Railroad Company. ne
had hAad Ia tbs swndIng syeIon OF Gnsnoierirg that
has for many years boon pracsed In this concern and
public viii be sarsaed shors OF complete purg
tng Of the management Tho dsoaeei epot has no yet
BEEN touched The corrupt rs evos and the
knife must be used bolois and ffesiy. rhs Michigan
Southern railroad DO made much better property
thRn > but the frst 10 be ma te must be In
the old class Of directors We well sa,5feo
days since ehAi Mr. Cray would have 10 leave sad the
among the Old board IN conrb, bs resignation tEst
the power ruiee and tba; power will prove Ultimate
~ faial 70 the etock holders II do speak plan
enough viii make another effort before Ia L7te