New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-03-24

Company win spuato 10 reserve enough Of ~ unoasd csps
TO pay thesc bonds In sufficient number OF bonds shai
not b exchanged sold par previous the 18Th Of june 4
proyide for the Freeand bonds then outstanding call VIII b.
Ths negotiation win leave but lien upon the Company
property rsney toe Construction bond. due in 1873 snd he
Board hope o. show that the earnings this will provide
for the interest 1870 GO Of these bonds and that se0
Of them rill be paid by the Sinking Fund
In this there every suppose that at least
osd o. me ssres0cs prefer to Psy up their sIs n
vii be pse thus placing TIE financial position OF tbs Company
upon such hrm basis that It's future prosperity vii receive no
check from hranfial difficulties
The expenditures upon capital Illinois the last
year s2s 4s4 g. larger number oo could DO used 70
from UI Autumn before entering into any expenditure
beyond the arnum, for bsss'inE siding and re-
President co%Ps9 has otl.s had 10 InteI@i..iG0
tha Board his determination to withdraw from his official posi-
tOn desiring them to transfer the management to other hands at
The directors prefer to him the sncs part OF
his duties end to appoint Chairman Of their Executive Cont.
confined the President HewYok This arrangement viii
INTEREST," which are daily assuming wider rans.
Two important cults In the sueme Court have been decided
IN, nj So H. wS Ss o.
Company has been ternned that with the Burlington Com
pe the joliet cu rs. bseS ssSeed upon with the MICHIGAN
Central Company defining It's relations With the two companies
The claim Of hi. Company upon the Achs.p Central for the
arbitration the award eeiersins the settlement Of
which we think are justly due.
The number Of propesors has since 1886 almost doubled
tbere being nearly nine hundred Shareholders
LONDON CoxxIrrEE-The experience OF the past year has
tbs Il IL not to set with usnt ump
and efficiency in concert with Committee Of ShaIo
e.an9t speedily arrived # By s.s the
mated otherwise directed at the meeting Of the
Shareholders We informed that majority of the present
Commute econcuT in this opinion
private letter from ST. Louis expresses the appre-
henson that the Governor will veto the Railroad Aid
bill. TIE Republican of the Goth says:
"Our streets have been filed with rumors that the
Governor intended TO veto this bill and ii Is not to be
concealed that great anxiety has been created among
all classes, by the bare suggestion OF such termina-
ton to the abors of this called session. We have
our readers lDOw, given currency to these rumor5.
We do not feel warranted in doing 1t, upon any such
loose authority, by any act In Gov Stewards ife We
have not believed and do not believe now, that he
will turn bis back upon his past history-Iejeet and
csst off his own offspring az 1t were-refuse TO con-
firm the very act OF the Legislature which, IN his
proclamation be had summoJe cd them to enact-unless
for better than any have heard suggested
lie is entitled TO time TO consider Of this ques ton just
as the Legsls took time 70 mature aud present
to him; and hope 10 hear that it has received
his approval and signature.
The obsccn urged by those who say he has II in
contemplation 10 veto this bill, Ia, that the Hannibal
and St. Joseph Railroad Company is not relieved from
the forfeiture of its charter incurred by the violation
Of that provision Of the law in regard to illegal bank
rc which prohibits them from receiving paying out
email notes Neither far as this concerned, are
the Pacific, either of the roads named in this bill
They all stand on the same platform, and have stood
there for years have nearly every other corporation
in the State and any argument of this kind, against
the approval of this bill, Is wholly untenabe. Gov.
Stewart will never give any such reason as this for
veto &c. too in regard to the failure to include the
Platte County Road in the bill. The Legislature did
rot see its way clear may presume, in making pro-
vision for aid TO bs road but surely that dses not con-
stitu,e good reason for veto.
The Jefferson City correspondent of the same paper
furnishes casually prepared statement of the fnsncal
position of Missouri from which we compile the fol-
lowing: