New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-03-25

S,osks as bonds. $3.50
S SisF .7.i I. baud. .:.:: a
Dsf.;csi.oa q TT,.crrt of whlA siSsc'
{; J: 4 :. !: a; :; 81:
sASlsls y
sspiS pad aH............''.....'..s.s 49,
unasd See.'''' '''.'''''.''..''''.' ,DiW
Net cNnrs Is II asoG.As....... sesSs, dis Sisis -
The Boston Posf Gays:
As TO money and trade they continue in the cosG-
ton heretofore reported the former being exceedingly
and increasingly abundant, and the lst~ very stag
nsnt comparatively spe skng, but giviag eyideace
come Improvement In several branches even tAsrv
considerable activity but upon the whole brsiae
gee far behind thst Of last year while como lissa
II Is next 10 nothing. AS 10 the rates Of moasy
state street. they various and irregular. At The
bank the range IS from TO 3 y cent; but ostsiAs
prime securities, OF psper in any quantity, viii c6tan
the cash readily at cent, while specific negetis
tons are made at g. ln some cases. on call We hear
Of loans obtained at 4. The old Treasury notes srs
scarce and in demand al cent discount. Those a
the Last issue have scarcely come upon this msrkcs -
yet
The bonds and mortgages held for tbs Chsmsss
County Bark q, Horse Heads, yesterday sold Z
public auction, under the direction Of the Saper,s&es.
dent of the Banking Department and the notes Of the
bank will hereafter be redeemed by him a, par st the
National Bank Of Albany.
The following abstract Of the opinion OF judge
Mclean in the Of the guaranty Of the Columbus
and Pqus Railroad Company bonds by the Cleveland,
| Columbus and Cincinnati Railroad Company. Tas
question in the case was whether the rights Of the
holders Of certain Endorsed bonds were affected b.
yolson Of law in indorsing them. Judge Mclean ssid
| The Endorsement complained Of was blythe dsfssd-
ant Jointly and severally, with the Belleontone and
Indiana Company aud the Indiana and Beifefostsiss
Railroad Company Of tho third mortsssc bsnAa q
the Columbus. psaa and Indsos Rsaoad Company. be.ss
Thee sed be void mainly upon geaA
tia; William Deoni.on jun sockhoide In tho CoiInbs<
Wiz HI. william Ec $500 coo IN booIs snS.
the third Torf.ss Of the Company ~" OF which ~s~ ia
The Of December 1884, the charter OF Pisu.
fsr ,aiae Nv -tor .ha he nu aud void Beor. the psS.
chase Dniu resigned his Office OF director though he iaw
elected sad qualified There no evidence that MI Dss.sss
perceived bow such fact could BE- material ss
of the boudholdes hi, 1t true consideration
% to d: :.h the Of boudhse Who SrSs.sa S
| ont notice and in good faith An
agreed pay three hundred and Eve thousand dollar.
Iii. admitted that the bcnd, and the .t.css =
them for the p9yment Of insrs' are nesossoIs Pspsr ~
sox 70 sop.Sr the purchasers these boSds .. bcss S ps
the market unaffected BY notice Of scts which assd
Upon their bonds ppo to have besu Issued By ~
proper aa snd 1Se Ss authority ' 81 The
whole entered into in GOOD faith AMI wss
the operations OF the two Road aud III
connected with thcr This arrangement sd the e-sss
shnent equal constituted the indreement
sheraton for the guaranty Of the four hundred eoaa 81 ~
Some ten or similar in spirit he shsvs
had he entered by the Cleveland road with o,hsf ross
psny which had been Published In their annual
port. ard distributed to the soc khodes without objection %
TIL, undoubtedly TO extent, showed saessnos
e a. depS. Of the Of the cospss.e ss
es OF the company No want OF good faith charged
Cev and Company IN the eou- TAKEN but usconsavs1ss
| OF it- powers.
One weekly payment Of Interest the Soods wa. % ,
ana ralroad company ana the ndnsPoa, ana seastSnan'
Pous might have been set ssde Zoe Tho
tr.c h.d notice had bill been filed BY s,ockh,d
crs; follow that the Teliei be given
| Negotiable paper which ps.se, by indosse-
ment delivery an important Instrument in 'o@nsas.
nothing to se suspicion The person who takes e'ns ha
be not valid be~ees the original parties. " on psPr
the equities open between the who created III
negouabhy would be destroyed Aud this principle aPps
Within yes past several hundred millions Of dOusrsi.
ond payable to bearer have been issued in this county and
sd here and IN foreign countries I, bona hde purchasers
ran the holders Of these bonds technical objections
raised TO the mode OF their being issued when upon their fss
there nothing TO excite suspicion but everything TO secsrs
confidence, would destroy ali reliance In such paper
10 the doctrine usin,snabe that all who deal with eopon
ton look into its charter not only 20 be assured that
hing IN the exercise Of given power has been done exact
in the mode provided especially when i ,ets
every pafca.r Of s.d Sond Ged 70 cary out s
po Of h act Of I bound to s1p9 IL che -. s
tor va, p.en to issue tho oo9d II this ee necessary ma.t
ecr:sea ' a.t act Within deessie powers
deuce assn,t t. snd viii bind it. Iny rss n ronucuoa
which & Syond ,a spT Se b. .
o. July 1854 the agent Of the complainant had noo,
the csion Of the stockholders Of the igdoement Of ths
bonds By Company tho bill lied until the 18th Il
September 1886 aap'e Of more than two year., During ~
ns de boide While the bond. cmsiGed po..s..ss
Or .de the sSn0 Of the b rs s % asa 40 sss
the os par. cos Of Squy might have 9d.s,p,.sS .
put the market and passed into the hands Of bos hds
cha.en night acquired which count Of equity cannot
rrah the prchs' had such notice to PIT him ,pos
inquiry GA the ground Of Of diligence i3junciss
msy b. denied.
The il junction was accordingly dissolved, aud ths
bill dismissed at the cost Of the complainant.
The Philadelphia, Wilmington and Baltimore Rsd-
road Company has just declared q serni-s divi-
deed Of y cent. The following exhibit shows tas
busness Of the main road of the New Castle branch
for the past six monthsfrom the Is. Of September to
tie 18th Of March inclusive:
sEyrSvE-r ". Aso 8. co.
SEPT. 20 Nov. ~, 1851. SlStVto ~
Dec. l, 1857. to FEB o. is5a........... @ ~,
scmDy.1 .Rs co.
se,' e ,S No., - ~ Ie :, i......:
isrts,,--r' $. 40 :. n co.
f 6,5 is s1 70 f. e H :. iGs. i liis1
---trs9ss ["
DE- DtS is s'' z ~ Sss Z; 2s ' ssss
E To-. q s;;;. no.: 'ls sss g. ,,r,r
ACKNOWLEDGEMENTS. sA92ssss
III, sccr'ed add rEt. noOh'....... soooo 20
kfB<WM tL11,....s................... ptDo 70