New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-08-19

IT.
closed no yucn state of facts as, if I'll proved, N1ni
warrant ury IN finding II gambling contraci. oa
Friday morning the Court gave Judgment Tor p -iHin
On the demurre-.
NEw-YoRx, Aug. Is, 1857.
To The Jhsc.o-- Of tie Michigan sea,ae. and Nor tara Indiana
Railroad Company y
GrsrLrsEs: From the early history of this Con-
papy have beer connected with it as Director, sud
for most OF the time since 1870 as an officer an
abou. to terminate this relation; and submit to you,
the responsible guardians Of the interests Of the
Company, my reasons Tor 80 doing.
Ny original connection with this Company was made
when the Michigan Southern Road consisted OF Is
mies Of strap bar railway from Munroe to Hllsdaie
a. hst time the total number Of shareholders was less
than 40 and the total gross earnings Of the oe about
so 600 y annum. In cor junction with a few other
gentlemen including the Hon. Geo. Bliss OF Spnng-
field, Mass, Gov. Hunt OF Loekport, the HoE Hugh
White Of Cohoes, and three Of the present Directors OF
this Company Messrs. Charles Butler, John Stryker
and Esha c. Ltcbfeld, | undertook the work OF e1-
tending the line the State OF Michigan 20 CHI
c6go.
In this work, encouraged ard sustained by the in
telgent support OF asng body OF stockholders,
We were eminently successful. The enterprise was
prosperous beyond our most sanguine hopes the line
be came Of importance, and TOOK rank among
the leading Railways Of the Western States the stock
sSS The tarn. om H 5i have grown to over
Geo 1854 The Company ready tor operation
Ire Ere wv '-''' -
Fom January 1850 to October 1915 held the office ea
snIerf ts Company and was eigaerd IN tae sV
dGtss Al the latter date e the country iad was o
cent n.ss eighteen months in Europe during which time
had control over or connection with the MANAGEMENT OF the
CompsDy affairs here .,,.,
sbie OF gentlemen, including Messrs Wilkinson Butler
BAN, Morrison sEyseI and .h.Ia Lshed q the prs.
Hugh White hamilton White, Thomas Barrow and b. 81
John. desired then TO resign the Office OF TIeasuef put as
Npect
accept the duties OF the Office upon the Assist.
ant 81 NJ B.mdn e %e n M.oS M s.
Mir Elisha Li,ch.d snd Mr. Hugh White who ct rsed
all the financial operation. Of the Company in the aoeac.
liability the Company in bis official capacity shall be limited
TO MIN in b~ hall OF tnis Company in Europe"
AT Comrany request, nego,d ed some OF its securities
AFFAIR." from otob 1855 until my return to Til. country in
April 1857 dining which time. although M name was used
here as Treasurer did in thai capacity receive
compensation as such Finding Summer of 1885, that
% ss hee the oe Of feaTv ard
my place member of the Board in letters adtresse 20 the
Executive Committee which requested should be laid before
Upon my here April 1887 found tina. re.isna
ton had acted but that mad been,
without my knowledge, Continued before the public al
S.r Of . GoTP.ns i S also ts the G .nS Aaa
by thu 0 OF it. bonds INSURED ohe hrst day OF
Apnl last While willing render sucn assistance was in
nv power consistent reasonable degree Of attention
sfars rendered more necessary bya prolonged alb
the COMPANY the of others VINO seemed TO think
NY SERVICES for the time being derioe consented to be
after Mr. WILKINSON who Lad been ntrusted with the Proxe:
BY the B6ad, had left the city to attend The oc,noief
meeting in Michigan addressed 10 him IN earnest letter re.
ouestig him leave my OF the ticket This however
in the of his discretion he omitted to do and having
The Board for the first time the zStn April and waited
The committee sppoined to examine the affairs the
Company. Then me Board orsanzed desired not to take
Office but It represented - me that the Directors deemed
Office which hold aud that upon that condition only
wa. at the same time elected Treasurer.
tale the Office. Mr.: WILLIAMSON made the domination in tae
Board and chosen and accepted the position with
thu. sn h o bs ts s RS
upon under yery trying circumstances with all the hdety
which met the approval the board Of which
have received rom orr strcsh9ldsrS IN easn
dee essntiay the floating deb Of the Company Under most
Sans s,, pn.tien to this Company and to individual
operations Of the road have been CARRIED gu to the
roi, road completed the Jackson Branch nearly the
dr.s for conueon Is sno-t closed ana the
through season Of Temporarily diminished earnings Is Just
ready to begin show tpe is Ds @ n
balance the floating debt Of The Company With th. plan
be placed in perfectly imPreenabe position With the cordial
aid ct m s s6 Of .un s sDid a.. Sc
cooperation, no pisn can be sure OF success e.,
was with the distinct fully expressed BY
The bed Board and TO the individual it,
only occupy the temporarily and hat should be
liberty vscate il whenever business health
| should reQuiIe Il. That time has arrived.
Returning this country after absence of and
bali have devoted entire time for nearly five months to
the service Of the Company During that period have not
been single day for my own private affairs In
CONNIE with other members of the Board have been made
the subject and unounded assault
connection with this enterprise. In every eff the word
position has been OF self sacrifice in the hope Of being
able service TO the Company But by constant labor
and confinement my health has become impaired and feel
constrained by the hshe:; sense Of duty 70 myself to
connection with the Conpany l. Therefore hereby
respectfully resign the Office Of President OF your Board TO take
effect forthwith :, .,-,,, -
have preented the hope that will be- able
organize such manner ehectuay to promote the inter
This i not the place nor the occasion for single unknd
word While therefore, truth and decent for the po
siton enterprise with which connected and TO
which supposed to be- a. our duty all honestly de-
voted compel that this Company its position its
pro,pcts history and Of its Managers have been
most grossly ibeed prefer to entertain and express the
hope that gentleman connected vita gives countensnce
20 sueh assaults placed here by the stockholders TO
protect interests and to manage IN the best the
r.at property which have in charge Full eighteen millions
dollar. invested in the enterprise which has been
i,rn,ted 10 keeping This great interest cannot be
NOTED codislty cooperation among the man
ayers Our duty therefore Is to unite as one man In
r,oue 10 accomplished If do this success IL
Il failure 10 possible And, gentlemen; you
will excuse for adding that IL or any t.sso .nis BOARD
of the COMPANY demand they have III my Judsmen, OUT one
honest manly ~ pursue which 70 eau together
the stockholders 10 elect Directors VINO eL SCI ~ nony
that and only that hh the interest OF the Sompsny demands
With my best wishes, gentlemen for your prosperity and
of Mich have IN CHARGE
am ''D' 00e EDWIN c tITcHFIELD.
uuwAUkEE AND MISSISSIPPI ROAD-LETTER