New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-07-13

It go ms n at early tblrd Of entire pO Juia
ton were moved IN NE cfr, in one day. The re-
suit suiprl,es every b,dy Our parallel streets tree
from heavy grsce-, have afforded fail sc"p" fnr the
dtvrlopnshi OF Sy stem Ofcty railroads. itisqpue
probable 70 city 10 the Uui"n viii ever Prescott
greater iet work Of ,u.h roads than We s0all year
hence when the several ines u0w being built are in
operation One of the first TT got adrr Wy, a't
week divided eight per cent for s'-' months: use
roads bhye opened such extraordiTary ticih les
for eetiiUg away out into the subu'b', lna' .u
merUus watering places on the RIVER, "oich
used 10 BE- crowded on the Fourth, we's
this time comparatively deserted New places
into which our citizens bad no previous facilities
for PENETRATING woods snd streams, were swarmlDg
ourir the y hole day. The little steamboats,
tie Sctuylbil found the city roads Ia be unex-
peciec feeders Their decks we're crowded aud
lUey did The heaviest bu-io-ss ever knoxn um'og
them. This exhibition will afford some idea Of the
complete revolution which city railroads are making
in our habits. Ii is not too much 10 say that their
effect likely 10 he benrfci1i I" morals - we'll as
to health. Last Sunday sev-ral Of them undertook
to then cara as usuIl but the police lnterirred
bid arrested some of the conductors aud drivers,
While Others were fined md let CO. Our SuDdy
laws have now been discovered ~ be not exactly
a. definite as they mil h be, and under the public
pressure for Sunday Use Of the cars this Whole
auction i'll nov be settled pr0bibly IN the courts,
and if hot there, then at the polls.
new decision on bat would appear 70 be an
old point, hoe just been made IA tie United states
Circuit Court by Judge Grer md Cadwalader, and
as II may be likely TO affect numerous parties
tbroueb bout the cvu0try, ii vii be worth while To
tive YOU a sybcpsis: One Bi-OD Of Baltimore, IL
March, 1856 insured bis building IN that city for
s $50, by policy is.ued by the Manufacturers
Insurance CompsDy OF Philadelphia. The policy
lroyld,o that tue Company should ce1se u be
.taal. a.. q - fba
same without their consent iudorsed upon II anf
that il should become void in the interest Of
the insured 10 tho building should cease by saie or
otlefwi,e Al.6 that the d;k cot being chsnged,
it uil ut be CONTINUED as agreed on. 10 September
Of the same ye,r BiisOn assigned the poiicy to one
CONNIE. be held q mortgage on the property. Inc
assignment being Endorsed oil the policy. D''h
BilsVn and Connie resided in Baltimore, where
the Company bsd sn agent. In Marcp, 1917,
tie IDsuIabce was renew ed for another year, the
agrptie,c ptlI & Tor the premium directly under the
aboyemt ntiOp.d assignment, and CONNIE paying toe
DIT, MUM. After this renewal, Bison conveyed the
property BY deed to COLIne, thus ceasing to be the
OWuer. Shortly after this the building was de-
stJnyed by fire. and Bilson sued tue Company to
recover the insurance money the latter refusing TO
pay ecaUse the ssigJn eDt oi the poncy To CONNIE
had not been made With thtir written consent.
On this point the Court charged the Jury tbat the
Company 3 agent, when be renewed the insurance,
was aware Of the assignment, and that the act ct
renewal included sufficiently, the consent required
By the policy. The Jury found for the pa'utyf,
ard low the case has been revised by the Circuit
Court, winch sets ASIDE the verdict and orders
new trial. In reviewing this case, the words OF
Judge StU'y. IN CeyerlDg the opinion OF the gu
pIciue Court, were quoted, as follows:
"Fam0's IrocUrtsa policy On the property against IRE
he a.Iv ssssU. the policy to the msase- Win tle
c,h'th, o. ~, CIoe 49,. va Ia ~, o,.s,s,c.
give 1t u'bhtv as Collateral secEf ta a'eumeu' "trIac'
s,y equitable tTsnsfeT Of the policy - as to abe h-
uorgsse amount duein ca-e OF o's h rcors
oPsoe TIE nteIe The misssy' the premises nsnr,h
coIuIy. the Insurance s bis Insurance" aud on hts
lie noifgsgor should transfer properly 20 thd PerDn
without TIE the Under FIiteT' 80 ss TO de,t all ms
40 therefor ssns s'''r'd Ia.
oessed have Interest therein and the purchaser las 10
risht o! interest ~ the p'lcy
II canrot be doubted that there are thousands of
policies DOW held collateral for the secdrity OF
mortgages, which sre subject to the same law OF
reputation tnat obtained III this case. Their I'D
eIs cannot too specify require the makers To ave
any similar right to refuse payment. i
There is IA peIvading CuGrss III every Drahch OF
CITY business. Money may b. said to be scarce, aud
comma DIS per cent tor elit'eJged paper, nor IS u
growing pleDtler. The Stock Board Is nearly de
serted not Only by members but by purchasers.
The latter baye lest their fancy f)r the id0cles,
which now hang fire at merely nominal prices.
Much of this dulluess, no doubt belongs to the
sessop as thousaDds at this period lie back and 60
out of town. OF latter years the number OF aosea'
tees has been constantly increasing uhder the
attractions everywhere presented OF cheap fares to
cheap watering. places until a single hot week pro
ducts visible exodus.
The monetary structure hiss caused the suspen-
sion of several worthy and extensive dr!-g0ois
houses, WHO stopped two years ago ano went on
under An extension. At toe Stock Board, stop
psse has oeen fulIo~e BY desperation al suicide
tharle. Roth, who bed acquired handsome t,r-
tune at the honest trade of tailor, and retired to
enjoy it, uDwrsely took up the business OF broker
aud went 80 deeply into stocks that when the late
rryerses cane over the list, he iound DIS c2dior'a
bile !, drpendence had all melted away. The loss
prey.d on HIM 80 heavily that day last Week he
closed bis career by swallowing dose of strych-
nlne