New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-03-21

The following is an accurate synopsis OF one OF the
mos mpoytant bills that have been before the Penn
sylyaDa Legislature this session. As great deal OF
the stock is held in New-York, it viii be read with
some interest The bill has passed the Senate and been
cent to the House;
cataWisss Xiamspot and Erie Railroad Company which
passed Senate march G 1860 provides that in case Of pub
lie sale Of railroad and property oil said Company unde
decree the Supreme Court Of Pennsyvans the purchasers
Railroad Con pny with the rights powers privileges the
Company with cspital Of +33S009 Of which s22ooe
divided into each Three thousand shares OF the
o e Ss applied lie o Ss and hs ow &c Conn
psny TO ell due for labor and meras and
20 % req and a. convex to the oaake RsroaS Company
that portion of their road beo which the sald nokke Railroad
Of sy rolling which may he acquired by them and
eecure the pay men Of aid bonds by mortgages.
The following is a synopsis OF not less important
bill than the one above noticed. 1t also originated in,
aud was passed by tie Senate, but without ecitlng
anv debate or any amendment having been made in it:
An &c, relating the NewYok aud Erie Railroad Com
pny provides ,he fl section that the purchaser or Pur.
which may be deceed by the Courts of the state OF Ncwiork
s become with eli TIE ana ts
and sctons By second section the receiver is
10 work the road possession shall be by the purchasers
the SALE The hid section provides for the appointment Of
to ascertain how much OF the real estate OF the
ry the present future and operation Of the rai'oad
and BY osrth section the Trustees named in the mo
lien Of tho o By the fitch section the settlement and
adjustment the OF the receiver in tue Supreme
Court the State HewYo made final and conclusive in
respect thereto.
In The 81. Louis Democrat just received, we find
synopsis ofthe City Controllers report FROM which it
appears that the indebtedness has been reduced S2l
COO since the date 9th Of May Of the Controllers last
report The bonded debt is te over s., O0OO 600.
The Democrat 9dds
ave also gather from this last report Of the Control
Ter that the waterworks will be self-sustainng in
wear CT two that the taxes have been promptly and
cheerfuly paid that the Fund Commissioner will
probaby have retired thirty bonds by the close of the
nresert fscal year. making the whole reducioI Of the
ndebAdDess jor that period nearly $500 Goo that the
edit OF the city tas been maintained intact and free
from blemisb or the se htest Amt Of suspicion by the
nnTctnality with which the large interest account Of
1860, coo has been net.
Nv tie Fulton, arrived this morning, we have Lon
do, naners 10 the 9TH lust. The Times OF tina. day
Ina notices the Money market;
Aos tia discussion OF last evening on ne savoy question
ia ds,reeabe impression, the Fnglish iupds oPensu
~ a. a fractional Improvement whrh mas oelh
Iucd 10 thc oose. Ccbs9 which sn on T., NAV
; hsen sesdy throu hou the day q ~. 70 10Y u Ihey
~ az ~ Ger lie lItl Of april The INDIA rupee atyc
s, de,nsnd AZ further improvement the issI Pog' %
81 90 ~ lie " cents and o4i 70 100 oI te :. %
El .,oet cesed al 40 10 2Scl Ieouced ana ne"
az India stoek 2g TO Zzs india bonas POI 70 ~ P'
and bills, Us 70 ~ pteui 80 se shaune
be- asr iice ffoni Paris This evening was oh '
ii. esn exchanges this afternoon the ts'ss on Ahe'
s,,a mi ia nbu1e eFs s!ighiiy owef,