The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-11-30

vy~ss or nm; have I am sorry Tor n am om .
sans .ss, ,-.n', sew. Years .la on .as alss sas y
nay seven yrafs, and probably boh have
bssD IN shs pc~rioo Dow, hsa n NOT besn Tor wnhkss
TIME am nos Nras, 70 oe / hops ssa. ,hs ne1s ja,ss
shHs n h.rs vii b. Amr-rase Jutgs, judge tbS
viii bs ~. K. Thai VII, do hs businsas ssraeht haze
written very sh"rt sketch Of my HE, which viii
pItbsey see printed N tno pspsr-perbass weeks
payer hsvs got religious frsnds, rtenis
sI~sssbIe. J ~&s "nsS rs~p~ussss; bns I
wh.n man "a s~ntHncsd IN o,a tnere Ia any
who hss s.a any respect for him have mad.
any that ever have Assn. hava lever In any pac.
but c"u'd go back " ssain--yefy trSD, every
county every chy xn1 evsry intry Am sh'ss
maker by Tsae, ana have w.rked fr th- l.s, seven
YEARS, aud hsv' beer travelling " tho up.; bit
after Ros here, when ban no riand~ wWssd elnsn oo
T. year, and then oNAld ct my monsy; II mAte
mr. ieei bad; u male drunk d'o~n snrro~. drank
mnt'd ans d~t"-"a'nn was drunk. sud cav drsuk,
sho ono mos know what VIA ionE ,,m tn'ngs tnat
would bos have done iu millions Of ms~y knew
nothing o TIL about three aavs alter, whsu one OF INV
INV nos came ann shd me abont ~
Afs~r BIZ dying sp-~cb ioOsed arouod Or about ten
minustr antsn,,std ~ansAd assstsnc,, out
vain. TIE NJ, sha, s.oks u him ap,us "u. AMI lae
Condemned gu rhrd prayers. Ous Of ths Mormon "a
very dmmoan,sd, ,s,d asns hs arms oonnssa TN seal
'0ln. with hiD Fe,g, kDeeed ami prayed, wn.
The 'bre ib0nsand psrsOnR uncovered sisnos. rhe
prayer over h~ sbook hands s'Ih E,-r and t,ok hrs
place The "dfOp" Ne bale all fAre~el AMI
Instant lbs ror vas cut, ana he Struggled long the
sgons-e Of dra'h during winch ~ 81 sncs; II No
ensh6Y was NJ mONuese IMAM th0 rope cut h2 90
Consigned IN The csin, ana that 10 the gro.D rhs
might have been ths Stree, tho
evening, care1~ssy hSdng about, chewing shnr tobaoo
and enjoying the " lqeir hue - ~ ths
their favosite Store, u0shing bai bsen dooe'
that day. Such execution the Vest, the hrst
execution Of y white man in Utah.
Our Albany Corrsspondeace.
ALBANY, Nov. %, 1859
Ssle eftas E,1 Rstbnad Avced-Pay~en, # 0n Hror's
.ersa m First kovtoaos Bosds-SsaArVy Ample
Thee Bonds, bss DOUBTFUL = al OeA<rs &c, &C.
The application OF Mr.. william Redmond aod Xsssrs l.
Won HOFFMAN On 70 the Compt o'er Of the STATE for she
-ae Of the Nev York and Erie Railroad has been the
means OF awakening the managers Of that Company.
The In the hands Of the Ast,rney General
and be vas about ,ceeong 70 advertise The for
-se pursuant 70 the eleventh section Of the Of $780,
~hen hr. Receiver Marsh appears in the public
prints and botnes the holders Of FIRST mortgage
bonds that the interest due on tho FIRST day
Of May and the frs. day Of November hast will
re paid on and after the third day Of December II,
Wa undoubtedly driven 70 this payment account Of
the fear that the Attorney General the point Of
adver,sng the ROAD for sale. The nrst mortgage bood
bosders perfectly secure 10 their They
hold the prior hen upon the road and all its appurte
nsnces rolling ptock assets, and property ~havsr and
ine TO compel the Comptroller Of the Stale
To sell the roa al aacton IN case OF non mens OF ne
rest or princp according ~ The conditions contained IN
the Securities THIS amount Is three millions. In 1888
lbe State loaned irs credit the road the OF
three millkps, being secured by mortgage The law
NJ Oh maze this loan contains this secto1:-
fecn ~ In the said company shall make default IN
ny part hereof shall Be for he Uomproisr % sal
uss Of ne time S:
so ss s @ n NJ .ncs q zach ssss
New York 10 the same such for The and
The road proceeds the Legislature MAJ
iberesher direct
the road liable tn BE- SOLD at auction in accordance
with The provisions Of the aforesaid section undoubt
ed, would have been, bad MT influential LOBBY in
duced the Leg stature of 1913 70 pass nfng
tale ubl Jaly 4, 1850, when lobby promised
that the road should be lar completed that the income
nom ngefs ana freight would warrant the payment
Of interest the State upon the three million bonis 10
the meame the legislature released the company from
the ment all Interest which had accrued 70 that
period Two yrars thereait.r-that e, IN ls45-tne
gelatnre eleaasd the company from the payment Of
The entire three millions, aud authorized them
pete the road, SAID bonds have priority lien
all other ena then existed against the Of the
bonds An agent was appointed by the oompany, ap-
proved by the Governor negotiate the sale OF them,
and he succeeded in dspoeing OF large amount Of them
IN London and Amsterdam The of lsl5 which
released the company from the Of the loan
BY the STATE which authorized the issne Of
millions Of stock BY The company, contains tins sectioo
wiz
Fec The holder Of bond issued and assigned pur
Of ss d asss & s .e 81 O.
may place Tho hands Of te conn
troler shAl proceed f0rectnes
provided for the foreclosure Of beo
the railroad provided that shall
holder Vt bond Issued In Of this TO- nc
That placing The bondboders In the position the
State with regard TO the collection Of interest and
principal.
Thus appears that person holding . boad OF only
Thousand doars-fbr this stock was issued in
Thousand dollar parcescan compel the Comptroller
fell the entire road portion Of its sppurtensnces,
satisfy principal and interest, or interest Alone the
company fails 70 PROMPTLY meet those obligations. The
first mortgage bondh0ders only possess this right those
o the second third fourth clans enjoy that
yiege. Cnoer the circumstances, think the hrst
creditors have been very liberal and lenient in waiting
thus long. II that two sema annual interest pay
due the LIST Of November inst Applca
for the sale q the roai could have been maize
months since but II withheld, undoubtedly under
promise Of payment from time time. The large sums
squanderea such twenty five thousand dollars salary
TO its presto, mt, and proporouate to inferior
poy abeor bed immense amounts Of its earnings The
Jerney City long dock the Bergen tunnel,
mammoth expenditures, absorbing every dollar Of
Plus arninas II other means obtained TO complete
those work., and the salaries officers
employ curtaed 70 proper aud reasonable DIMENSIONS
and more strict economy observed the entire ine
from the Buoson river to Lake Erie then is possible
that the road may be relieved from portion Of ts
bar, assmehs and sem annual interest be promptly paid
10 the holders Of its large amount Of outstanding habit
ties AZ for paying any dividends upon stock, that
,rey another question and which will be realized