The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-06-07
refer was declared on the 18th of December, 1856,
| under the following resolution:

refer was declared on the 18th of December. 1886
under the following resolution:
MhEREAs, there has been appropriated by the Balti
more and Ohio Railroad Company from time to time the
sum OF three millions of dollars and upwards of the net
eanEs OF the Main stem of the road the purpose of
cohstucuon wl,h the intention, in conformity with the
acuce oi the Company of paying the to the stock
holders in the shape of dividend at such time as thev
might deem JudiciOus, therefore be it
ReolUed That extra dividend of thirty per cent he
declared on the stock of the Company paid on or M
ter the 18th of January next to all stockholders ownins
stock on the 22d day of December 1856 in certificates Of
Indebtedness, bearing interest from the first dav or
oo' oi SIX per cent annum, payable half year
~ on the hrst day of June, 1862 inclusive after which
the said certificates of Indebtedness shall be converted
into stock of the Company at par"
TO this note is attached a note of John H. B. La
trobe, Esq, dated December 4th 1856 in which he
expresses the opinion that such dividend would he
legal. and that bonds may be issued in payment of
IT. MIR. Latrobe sustains his opinion by referring
to cases settled by the Court of Appeals The re,
spondent further AYERS that there has been no offer
on the part of the said company or on his mart in
violation OF the injunction. That if the communi.
catlon referred to did amount to an offer To nav
"hlch ne denies, yet if unaccompaned bv actual
payment, 1t would not be violation of said iniunc-
uon The respondent further insists that the cor
respondence referred was in all respects pronar
involving neither disobedience to or contempt of
the authority OF the Court; and that to visit with
punishment would be equivalent to prohihit:no
htlgants from negotiating for the amicable settle,
ment OF their disputes; or, assuming even the
oompanys communication as amounting to an offer
by an act. The answer concludes in proper legal
torm-Grubb Us. Ham, &c. Before reported-
Not concluded.-Isaac W. Mohler u.s. Owen
Brlen DC. Injunction heretofore granted in this
cause dissolved; the said injunction having been
applied Tor because of misunderstanding. Bill of
complainant dismissed by order OF complain ants
attorney.-Henry Knaus u.s. Philipina Knaus.
Divorce Uinculo matrimonii prayed
COURT OF COMMON PLEAs-JuDGE MARSHALL.
David C. Steiner Sarah Jane Taylor An
appeal from Justice Hayward. Judgment affirmed.
-Arabella 5. Bisley ct al, Vs. the State of Ma
ryland. An appeal from Justice Boyd Judgment
reversed by consent.-John W. Brown Us James
smith An appeal from Justice Mckinley On
trlal.-Assignmeut to day Sc to l60.
SUPERIOR CoURT-JUpeE MARTIN.
Pigman Yearly, administrator. Before re-
ported. Verdict for plaintiff for one cent damages
-State, ~ use OF Zachary, as. Griggs and Others
Non Pros.~State use of Griggs. u.s. Griggs and
others. Non pros.--Chapman u.s. Chapman
Reerred--Assignment to-day 155 to 1872
UNITED STATES DISTRICT CoURT-JuDGE GILES.
The Court met, but adjourned until this morning
without transactng any business.