New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-05-14

from S. Louis Is unfoun6ed IL the books Of one Of our
Expree. Companies which claims 10 be the carrier Of
by far the largest part tas: goes forward are to be
taken guide. lpiurmeiion from that source would
lead 10 the belief that fr time past the sh pmsnts
have been lighter than usual
A Pittsburgh paper says:
"On THURSDAY last. 9Th last, Edward S. Golden,
esq. Solicitor for Armstrong County, made upphcs-
ton before ChiefJustice Lowrie OF the supreme
Court, ., Harrisburg for injunction against the
Allegheny Valley Railroad Company and Others, TO
restrain them irUm selling or otherwise dspsing Oh
the coupon bonds issued TO said Road by Armstrong
County. An order made. allowing the Proihono-
tary of the estern District the filing of the blu OF
equity 70 issue subpeDas r-turnabe on the st Mon
day of June, with clause of injunction thereon, such
as ives applied for to take effect immediately. The
bin and order were filed yesterday, and the writ
At o, &c issued and served by the Sheriff the Pres
dent and Directors of the Company in this city
In regard 10 the reputation OF County Bonds is
sued to railroads in PenDsy lvania, 7he Pittsburgh
Commercial JosrAai gives the annexed facts. The
cases we're before the May session of the United
Sta es Circuit Court for the Western District, Judges
Grier and McCandles on the bench. The PHtsbHrgh
Commercial Journal, in alludiug TO the number vi
trials on the list, says:
The most important are the suits bTough by tue
holders of ity and County Railroad bonds on interest
couruns Tie cities and counties interested, are
Beaver Batter, Lawrence ana Crawford Counties;
the cities Pittsburgh and Allegheny: Beaver anu
Butler resist payment on the ground that the ACT Oh
suhscriution provided that the Railroad company
should pay the interest until the road should De com
pleted. Lawrence contends that the subscription has
been set aside by the Supreme Court Of this state.
The Crawford County is pecuhar-ihe county re-
ssting the payment of the interest upon the bonds on
the ground that the subscription expressly provided
that the county should not pay interest until the ROAD
was finished, and the ears running six mouths; and
further the Supreme Court of this State has relieved
the county by decree from issuing the balance sub
scribed-near $lSD, 000-the Court holding that the
| Pittsburgh and Erie Railroad Company, 10 which the
| subscription made, was fraud that the Com
| pany was sham corporation, aud could not Legally
accept such a subscription, Dor use the bonds wheh
issued Another feature is that the managers ot tne
road in issuing the bonds, omitted that clause IN the
subscription which provided that the Company should
nav the interest until the road should be Completed
and in running order six months. Fraud is alleged IN
| the organization of the Company originally, IN ITS
! subscription Management, IN obtaining the recon-
mendation of tine subscription, in getting up and pro-
curing the bonds and paying them ont. his sat
i. brought by G. W. Howard against the county Inc
| Hons y. w. Farrell and Shaer, attorneys Tor the
plaintiff and y Newton pets esq, for the defendant.
The Pittsburgh are, n We understand, ON the
bonds issued the Allegheny Steubenvle and Char
tiers Valley Railroads. The Allegheny cases are on
| the subscriptions made by that city to the Ohio a-d
| Pennsylvania Railroad. The detenses are numerous.
In some of the cases il is insisted that there was no
authority for the subscription at all in all, that the
contracts have been violated.
| The Loueil Vor Popnii says
Some time since stranger applied Ia the Appleton
Bank for discount of 900 of notes against
Eastern men, presenting at the same time letters rom
reliable business men who were well known IN Lowell,
certifying to the good credit and soundness OF the
| makers of the notes, sc. The Appleton Bank would
do the paper if the holder would wait till they could
| telegraph and lind il all right. He left the notes
short time when he returned and said he had got them
done at the Wamesit. He did get his money at the
latter institution, al departed for parts unknown. ~
has turned ont that the makers of the notes cannot he
| foupd and that he letters ntaOn all
| forgeres.
| THE LA CROSSE AND MILWAUKEE RAILROAD-A
| NEW DODGE
To the StOekhdeys Of TIE la Crosse and Mardue Raj cad
| Company
Messrs Vose & Perkins nave issued circular con-
Soliciting proxies for themselves. circular speak. for Itself
ss asS ss on yS s S the a.
Directors to divide your forces and eonqusr
have named and Of stephen II Hdsn who contrib. all
Ne.s vO.e Perkins brought forward hope their cca
true saw Mr. Vo.e at Nswhall House Milwaukee
be- .od under the third mortgage By william B.u:
and asked Mr. Vse how he stood regard 70 such sale tie re-
would be- for Of all concerned. him again
mis- mOins and asked him Il be was soliciting proxies for new
then ssksd him the present Direction werr the parties he
| the parties, snd he again declined to answer
have M ofthe holders furnished to from the Office
from bs, list that Mr. yo'e Co the of ,inss
18th OF March when
day III. transfer books closed.
M yose was with William and Alexander Mitchell at
Milwaukee in then attempts to sell the road he with them
with the Albany clique Proxies given Vose and
Perkins votes given Mitchell, Alden Co., the corruption
and third mortgage bondholdes and against the sockhode
Mr. his circular be wishes board
who shall be pledged make sncable arrangements
parties in she iucumbrances upon road To
this almost criminal proposition am bitterly opposed val
stephen H. Alden, the third will contest the
corruption and third mortgage bonds until they are declared VOID
by the lfSephen H. Alden would ask for proxies bis
would be much more respectable idesPse feter
| FuDks =.
Stockholders please end your proxies the Office Of
'''" ~. IL ''f' NEWCoMB CLEVELAND.
| Ia CROSSE AND MILWAUKEE RAILROAD COMPANY.
| JoHssrows, Fulton Co., May H. 1859
JOHN FrcH yso-Dedr ST. have read with much interest
your Circular Of April TO ockode. Of La Crosse and Nil
land had given up Road The President and
Of the Directors told within three mouths that would
sold the third therefore sad tina,
M c. has creditor aud stockhoder arrested he sale end
undertaken the task II the frauds which have been
pracced upon the Company rid Of fraudulent issues
sni boud debts ard raise tbs value Of
Wirthrr fully successful in all this or not. he only
who had the spirit y ought the Of every honest
stakeholder his plans aud the vhniss pfac-
Though not quaintrd with Mr. Cleveland great conf
denc- him. from given by Jay Cady Pres
dent Of Schenectady Bank knows hin WE'LL aud Tor year.
has dealings with him, and that Mr. Cleveland
will carry IN good faith hi pledges % the .oshofer' and
prove ipt-.,ts Therefore, With full Confidence
| iucose my proxy. Yours, &C.. JOHN WELLS
NEwYosK, May 49, 1889
| SIR: As our name has been used in the cards Of
Geo w Pratt Of Rochester and Stanton President Of Al
ROAD Company win please state that we have 20 interest
he matter aud do wish to be- 9nde.ood a. In
Mr. Pfs gentleman Of responsibility and yersciy and
SihaL Mr. Stanton the contrary now1tnstad
IN" very TAYLOR BROTHERS.