, 1859-12-16
Tho Final Adtust1aent Of the Chicago
Alton q 1t. Aoula H. H
Ia Staf8 iournri 1ith

This road, in accordance with degree mace
on, The 3oth Of November By the Q: =. Ci1eul'
Court for the Northern District Of 1llnois, Pass-
ed into the hands Of trustees James Ao5o: o.
New Orleans, and Charles Cougdon, OF se"
York, on Monday last. The decree + Of consia-
erab!e length, and the substance Of it Is Is lo1-
1he tfusteest before taking possession Of 1oe
road, are to pay the employees one-fourth Of
th.ir claims they. ere. a'so to pay sixty-four
thousand dollars to Ex-Gov. Aatteson, bue
subsequent clause authorizes them TO retain this
= aatatenent Of the earnings and expenses 81 the
totd from the 15th Of last September. It
shall appeEt from such statement that the road
has cleared money Gfuee the above date, the
trustees ere authorized to deduct from the
aixty.four thousand dollars the amount thus
cleared.
The whole amount due the employees must
not exceed oue hundred and ninety Thousand
dollars. Tho payment Of one-foursh Of this
4Gm WAS commenced on Monday, and the bal
anee is to be paid in quarterly payments, q the
end Of every month, until the claims are llqu',,
dated: The trustees, however, are empowered
TO make such arrangements for the payment Of
three-fouEths Of these claims as may be satIs1ae"
tory to the employees.
after the payment Of the claims Of the en-
p1oyees, the trustees aro to reimburse 1henn~
selves for moneys advanced by them for the
payment Of such claims, and then they are TO
pny all council fees and costs incident to the
get possession Of the road. Al such claims
are to be referred to David Dudley Field, OF
New York. He will audit them, and his DO
cision in all cases shall be iaal. He is to be
allowed reasonable compensation for bis ser"
vices-
Ine trustees are next authorized to retain
fifty thousand dollars out Of the earnings o. tho
rpad to reimburse themselves for advances
made By them to put the same in good order :,
The payment Of a sum Of money not to exceed
one hundred and eighty-one Thousand eight
bundled and si1 dollars and sixtJ-six cents, Is
next provided for. Its due to Brown, Brothers
4 Co.; CLARK, Dodge Co.; Ocean Bank ef New
the Bank Of B|oominston- Ex.Gov. Mattesou
is said to consider himself personally responsi~
bic to the above named parties, but We believe
| they have chatael mortgageson the rolling stock
| Of the road- A provision is made IN the decree,
in case Of their refusal to release E1-Gov- Mat
| teson, authorizing the trustees to pay into his
hands the amount Of the claims which they bold
against him. The exact amount of these claims
| Is not known, but the matter is to be referred
/ to three eommissioneIs-Joho Van Nortwick,
| Of Chicago, IT. ". Orme, OF Bloomington, and
Antrim Campbell, Of Springfield The coaa-
mistioners are empowered To examine Ex-
/ Governor Matteson under oath, touching the
validity Of all claims that mar be presented to
| them.
After the paymen. Of tbs debts ahoye noticed
| the claims fo1 wood are 10 be paid out Of the
| earnings of the road. They amount to about
sixty y-eight thousand dollars. .
The last payment provided for in the decree
is one Of sixty thousand dollars 10 E1-GoE. Nat
teson.
The trustees ara directed to gire bond for
fifty thousand dollars for the faithful perform
| suce Of their trust.