New-York daily tribune., 1858-07-23
The amount received for toll on all the canals during
the second week ofJuy, and to the 18th of July in the
yesrs given below is ss follows:

The Milwaukee ard Mississippi Railroad Company
propose to f1td their mstursd and maturing coupons
up to Jan. !, 1859 on their Farm Mortgage and con-
ver,ibe BoIds, by exchanging their = cent Third
Mortgage Bonds at par for these coupons These
y cents payable in 1862, the interest payable hall
yearly in NewYork, ard the surpus earnings Of the
road are pledged for the pay of such principal and
interest.
In regard TO Dry Goods, The Independent says:
"There ia GONE ircipient movement il the market,
but with regard 10 domestic than imported goods.
The stockholders Of the Bay State Mills have decided
that the goods Of the Company, mostly shswls bs sold
forthwith. There will consequently be lsrye auction
sale which will be the opening Of the Fall
There 10 fair demand for staple cotton, which com.
msnds steady prices. In woolens the demand Is
active only for fancy casImeres, of which the supply
is increasing. Foreign silk goods, OF fancy styles,
have been imported rather freely OF late and
limited demand exists, hardly sufficient, however, t
constitute an opening OF trade for the season. The
month is generally heavy month for imported goods,
but this the impoIations are very light, ana
sre competed mainly Of desirable goods. Many,
howevsr, Of the goods have gone into public ware-
house.
In the United States District Court, held at Cleve
land Ohio, the following decision has been made n
the case Of Mortgages and Trustees of the Seubsn-
VILE and Indisr Railroad vs The Treasurer of Tus-
carswss County, who seized the rolling stock for
taxes The Morigagees asked for perpetual pjunc-
tiop against the tax gatherer on the ground that
"The Compsny was w able to pay the interes; or
p,rcpal of said bends or 10 replace said loco motive
and ears in the should be sold thai the
and possesson Of the same were absolutely Necessary
10 tie operation Of the road by the Compsny; ard
ibst sae of the property by the Treasurer would be
OF rrepal able injury 10 the holders OF said bonds.
Judge Me Lean hed
|. Iha, the power of taxation is q sovereign po-
litical power and branch Of the power Of eminent
domain That If the manner Of assessing snd collect
rg taxes prescribed by the Legiss.nre De not in
met with the Consntu,ion and the officers charged
with tha duty conform IL then sction, 70 the ss 10
court can restrain interfere with these officers the
discharge of then duties.
y That the hen of the State for taxes paramount
10 all private rights vested under the Government.
Jrdivicusl liens Cannot come 10 competition with the
len of the State for taxes.
g. That the len OF the State for tsIes attaches TO
persorsl property upon the seizure Of the same in
eases fleyy by maIshals OF sherhsi and when sucn
pIopery Is seized for taxes due the State, Il il 10 the
custody Of tce law under paramount lien, which
OF be displaced by the hens OF Individuals upon
The same property.
Steubtnvile sid lndabs Railroad Company is dsfaei
by the terms Of the mortgage conveyance. % them.
lnst default in the payment Of the interest prnc-
Isl Of the bords secured by the mortgages did not
vest the road and Ms equipment IN tae eompainants
Sc uoTtssges but authorized them 10 take po-sessi
0i the 10 "a sr run tire agents OF the Company
q 10 eel the road at public sale. That tie ownership
Of the properly could u be changed oy sale CT T.
s1d ,hs, 70 sale having taken place, the Company
sid Lot the compl ants, weIe the osGers OF the
property.
Temporary irjurctiors Dissolved snd t iisnisse st
the cost Of the com psinsrts.
The Trertcn Amerieaa of this morning .;..ss ,ist
process has been .suad from the Cou-t Of Chsncsry O.
NesJersey, citing tie ofesrs Of me Bank, =, Toms
River of The Stock Security Bank and tbs Bergen
County Bsrk .. H,eksrssci; oftbs Merchants B,ak
5: Paterson, apd Of .be A--san BiLk q. TfentS,, -