New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-03-11

Sl OH. The revenus on tne fot1, IN TIE h-coi etf
80 far is a. follows:
isss-sIoveaSsr.. 5s5t9 liSs9-Fesfasy.... 3!iel 10
isss-D.o.mt-I.... 3s5,asi oil - 90 "a
Tc.sl... ,I6ltsl 70
Ala meslirg Of the ho.dsEs a.d representatives OF
Racine Cry b Jnds issued 10 the Racine sid Mis.is-
sippi Railroad Company, held st No. Al EEchncge
Place New York OF the 9Th int, sl60 COO bonds rep
resented, NJ ChsIlss Lu'ing Chairman and Mr.. ii. g.
Mygat. Secretary the following preamble and rsselu-
tons were offered al passed unsInously:
H11sa, Cesin citizens Of R,cne have Eed out al iDan,
o 70 rIevert Of levied psy lister
the bonds Of :bs; city su.d 20 he Racine ana A'H
HIerss. Tbs, il Junction rr,a.sd BY Of
the Of WisconIo thus eeprins The sondsocers Of heir
Resosd That he bonahold, p.esen: appoint NJ A.
b. cIwith Of Hartford ard Mr. Charles LulDs New York
E ais ~ r,s s 's P : 'SPs n. .na
ether in The State Of Wisconsin Of The nited
tte.. 70 . ssa.s 's '''h's A " | a.
TIE illinois Central Railroad has issued circular
cLtsining the schems we have before alluded to, FOR
placing the finances Of the CJmpsny on sound and
permanent bs,is. The scheme has met with very
general sppr5vslin England srd although the ,ndon
Committee hiss not acted officially upon IT, they ere
Individually 10 favor Of its adoption. TIE Freelsnd
bonds, which mature Ie1t year, s3O00,0OO, must be
met and ia ey3er that the ost Legitimate way for
the COM to rsis fnrds s by calling in the uopsd
amount Of their capital far more legitimate thar se,g
new bonds ct large discount. The payment Of these
bonds will release over s7,5O0OOO, which will feyn
fund sUficisnt, il is believed for tie payment Of
interest on TIE stock until the road earns regular diyi
de1ds. The Cucrlsr is ss fojl0ws:
Tn. Directors TIE .1ois Central Railroad Company
quest the shareholder to conI ne 9ons pan Haen ha
suFsestsd f the rpoe Of ING a. the I'm nedAt" as
lived from the ,se q M laD5 New expenditure.
concentrated IL very desirable nc % take early sePi
a. Nbe The
1850 snd obviate the n'onveni:noe attending hs ms 81 ne
are absorbed IN the redemption OF .1e principal
Although hI mcr-gye o sl7 coo ociintly d1e 10
1S fs,Se me Sys rVtd Sc let !. Sy ae received
must be applied TO the PsymeE. Of ice bord'. Thus far
The funded eebt row slsssooOo the sanla Interest q
irr snd collection, from The s15. been s6s5 u of
which 80 las been spPsc to THE extinction Of ine
s.d 20 -. spAr. fund for payment Of u,ees'
by placing the s670 IL Of Free Land notes h-h by
:eI .n Tf y.u nS.: se S Th @ ad vi
II believed afford an ample provision oT hiere' until DIV
;1 osiss ., % yoo3.Iy r:{ss. s ~ iS re-, ,s'
oept thereof the Company will issue o. PAD ceh ,aes Of
ere, With intTes, warsr;s attached foI snnum winch
amounts 70 be applied d to tie Of n. Company for
the year then The payment Of the free Lana Bonus
tnd to Ike purchats Of the Contribution bpe TO be led r
ice wsrt OF the LAID Depart cert The e1I on oi the >n
upon the Free Lands vii release the property u purposes
q the & s.h 'e5ef ,a ,S NJ Il Poi s. eea @ no
lien Plsed upor the Road and the Obligation to pay n'
teIes: Terminate wh N dividends are canned
IRE means 9tthe comp.n p pay cent to Tie i5ars1o
en- weo may hoe 4 70 Pay e 10 ' fb by i
inte1est Increased $4,000 Tbs c.h ePta in
.eien to cover tbe increased iHe1e s5 ss % il the
sees for The three applied to the purchase and cancel
To give effect iris p,n the following resolutions are pro-
pos 10 be adopted By tho Board
PROPOSED RESOLUTIONS.
Rsored l. That the shareholders Of this Company may pay
up the nee.ns complete the Of 100 upon
Of
land Bones Of the C0mpsy and that from the TIME any share
The rate Of ccntan q snDum, able annually up jan
1852 thereafter until the ,'a hsve aa cash diy
6tnds for successive years from It's actual profits amount
Ing to least cent g. sonum upon ia s2es without esvns
at the as an a ag SeI saS, % dsend Po
vde however that in shall be declared upon
u e s es Ss SrSIs .ta m al case. be REGARDED and
firm part dividend and when paid be al a;qaii!,nce OF
Reored Th0. the money p,ii in pursuance Of the fcreso
Ing resolution ,ts be devoted 70 the payment Of n,-res ae
Of the Continuation Bonds of the Company; IN
And for the further security Of the shareholders who shall
pay the amount Of their shaIes in full pursuant 70 the provisions
Pod Tina. the Free Lands and the note. and securities
the payment the Free Land Bonds shall be conveyed 20
a. sell the lands and to cosc the note. and .ecue,
the proceed, a with them pay the then oa..,nd.
Bsp tfa e co@San and a the and sell
quired either to he Trustees under The M Mortgage
a. To sppy HteIss, Warrants upon the Consrucsn
SsnS sf baeo%s pn be dsS s ompiy
the to the Company for its general purposes
from the Of such sales and collections to pay the
Interest payable snnus on the an P,d .ioe. until jan
dividends from sctu, profits without having al tue
time any unanded deb. exceeding 900 and without in
curing any deb. for the means 20 pay such dividend
a. After the Company shall made successive
then to IeeoaSsy to the Conp 81 the unsod and IN the
trust and to pay and make over to 81 The no7ey AID notes
securities held in tFs:i and the trust shall then
Resored That upon tue completion OF the payment IL ll OF
any there a be delivered the no certificates of
paid stocks with interest warrants attached fI The intses.
70 jew $685. fiat that period the Company shall not hsys
made dividends for two successive OF st least q cent y
M shts0H Il the rG h.s csfs. S Gon nIs1 Rs
issue the holders u.ers; for the succeeding year.
and so from Jesr 70 year Until such dividends shs have been
he Shareholders Alike point 20 the importance Of establishing
financial measures whcE S obyiate the necessity of calls
C.tte Of ds MiAoi. Central Radicals Ca
Ns's.Yors, a.rsa ?, 1859
The folio sing curious c1se is related in Tkonp.oas
Bdnk-NOts RfP,rter;
al colder Of the Mexican war, instead Of reporting
himself 10 his family going home, quietly settles 10
the West and obtains his bounty lanI warrant. His
wife, living il Eastern State presuming herself TO
be widow o. some sx years srsndDg. applied for
widows warrant; and got It. Both warrants have
been sold heated, aud returned 10 Washington for
pstens when II Is discovered that warrants have
been issued where only one should have been. Tne
Commissioner refuses TO grant pstebt for the land
which il located With the widow warrant
"Thsre great many difficulties springng up
in relation 70 land warrants, ami the DepsrGert az
Washington is disposed to adhere to legal technical
ties ard overlook the e9gity, Of the parties, even
though the wrorg originated in the overnmen. office
NotSittsandiDg tie difi:ulty which has been e1
reriepcsd IN sustaining the advanced discount rates
established by the Bsnks few weeks since, We still
adhere to the belief tbst the Mooey Market has
passed its point Of culmins.ioo, and the. we s-e
GRADUALLY nroorassD0 toVerj a rrore sc,iva n ,,--ft