New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-05-08

March 8 is5O. l95Oi97OO 2sOS68l2 8l6sO2j 80S'6l72
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April IA 1900. l2J9l9,Gl5 23625H2 8I.525. GSSi9'5
A APpi 3 3 1852. lcss ss,sS, s sss5s
May s. 1900. l2i459,52O 25al5,145 9.sAa6l Gls'a8S
We have been favored with copy of the bill of
Complaint fled against the Milwaukee and Horizon
Railroad Company behalf Of the holders of the First
Mortgage Bonds The document is too lengthy for re-
publication in our columns. 1t contains minute &C
count Of all tie circumstances under which the bonds
were issued aud sets forth that there are 4l3 OF the
bonds in tbe hands of innocent holders and held 10y
the Farmers Loan and Trust Company as a contribu-
ton TO the Sinking Fund.- that the first default in the
payment Of interest occurred ON the lst OF November
1853 when a half wears interest was DUE and that no
payment Of interest has been made since that date;
that the Trustee has refused to take any action to en-
force payment except at the request Of majority OF
the bondhoders and then only by sale i'll the City OF
New-York thai the read is in the possession of Jesper
Vliet, it, former superintendent who, as the COM
plsinants are informed and believe, has, since the
Spring OF 1859, been operating the same for his own
benefit and that Of his friends and all some por-
ton of the Directors, claiming TO hold possession
under mortgage, copy OF which accompanies the
complaint and that the income has been largely in ex-
cess of the receipts. The terms of the bill are ex-
trenely upon the Superintendent and also upon
the Trustee charging the latter, upon information and
belief with conniyanee with the former to wear out
the road and depreciae the value OF the securities
having been repeatedly requested 10 take prompt steps
TO protect the rights Of the bondhoders under ms trust
which he has refused to do. An accounting is called
for and order for the appointment OF receiver
which We IRE informed was granted, and highly re-
spectacle citizen Of Wisconsin appointed Subse-
quenty temporary stay Of proceedings was obtained
but il is believed nothing can now prevent the bond
holders from obtaining possession the matter being IN
the hands, as we informed Of faithful and ener-
getic counsel. Tie holders Of some 300 bonds have
Joined in the proceedings already, and nearly all the
remainder will probably be added to the number soon.
There are rImors in town that some $4,000 in cash
have been attached in the dwellinghOuse of the Su-
perintenden but we have more authentic informa-
ton on the subject than is contained in the following
which we find in TIE .N1roakoe Free Democrat:
The Sheriff attached the safe Of the Horizon Rail
road Company, day last week, winch 1t was sup
posed contained about 1000. The safe was IN the
house Of .Iesper Vhet esq, Superintendent of the
road. We learn that the safe was blown open on
Saturday night, and was found to contain so 400.
pretty good nau and probably well repaid the very
strong attachment which the creditors exhibited
toward the safe
money market. Capital is very abundant and prime
paper is scarce and wanted outside the banks at sac
e cent per annum the latter for long date, and call
loans are readily negotiated at ) q cent per
The new Victoria Rolling Mll, located at the juno
ton Of thee Ohio and Mississippi and Terre Haute Al
ton. and NJ. Louis Railroads AT East ST. Louis has
been purchased by L. b. Brown, formerly General
Agent of the 81. Louis Alton, and Chicago Railroad,
and VIM Cessford, master machnist Of the same
Company. This mill was built 10 make railroad and
bar iron and viii Immediately commence operation
under the new owners The Ohio and Mississippi, and
Terre Haute and Alton have already laid new rails
from ths mill.
few days since in the Court of Common Pleas for
Ross County at Chilleothe Judges Dckey and Briggs
present the sale Of the Marietta and Cincinnati Rail-
road property as made under decree Of that Court,
was confirmed One hundred thousand dollars Of the
purchase money has been paid into Court. The amount
for which the property was sold $4,000, is set aside
for the payment of back dues to employees. Arrange
ments for the completion of the road have not we
been perfected owing 10 the necessarily tedious pro.
cess Of communicating with the foreign prOprietors.
Mr.. Gill, of Dwight, Gill, & Co., cotton shippers of
Memphis. has been in Cincinnati, with view of in
ducine the Executive Committee of the Miami Roads
10 make special rate on cotton in compressed bales,
assuring the Committee that reduction Of 10 cents per
bale would cause vast addition 10 the amount OF cot
ion shipped via Cincinnati. This proposition was IA
yorably considered and il likely 10 be adopted.
A delivery of Massachusetts, State Scrip, to the
amount Of 5000 900 was made on Friday to the Troy
and Greenfield Railroad Company for the purchase OF
the entire road, franchise stock, bonds, and other
property Of the Southern Vermont Railroad Company
in accordance with the provisions of the eighth section
Of the act passed at the session Of the Lgisla-
ture Of Massachusetts,.
Respecting the movement Of the Anthracite coal
trade, TIE PAiladelphia Ledger Of to-day reports:
"1he coal tannagc shows another increase for the
week over the preceding week of 900 tuns and net
increase for tie season over corresponding time last
year Of 7 SIS tuns All the indications Of coal trade
continue 10 favor AN pnnsay prosperous season, at
improy ed prices Tile P1itsrtlle Miners J0ara0isays
THE railroad gaining largely on the canal this year,
70 far, and there every Indication that u Will con.
tinue 70 gain until the season s more advanced and
there II demand for prepared coal, for domestic
purposes within reach Of boat navigation. Last year
there Was also collision between the holders OF
Vrlo A OF the