The Potter journal. [volume] (Coudersport, Pa.) 1857-1872, 1861-01-17

? ed for $500, 600 Of the debt, being the
whole amount which became due prior to
1860. The tax which accrued during
the rast wear, amounts to $30S,829 08.
The Grst settlement for the yenr is before
the pauphin county court, on al appeal
taken by the company; and the second,
/, or last settlement was made but a few
days since, by the accountant department
of the Commonwealth.
After the recovery, in the Common
Pleas of DaUpLin county, the cases were
removed by writs OF error, taken on behalf
of the defendants, 20 the Supreme Court
Of this State, where they were argued IN
June last, and in October that tribunal
sustained the decision Of the Court Of
Common Pleas, aud held the tax to De
clearly constitutional thus uniting with
the law-naking power in affirming the
right of The State to tax q corporation
under a law to which it owes its exist
cncc. But, notwithstandit g this concur,
renee Of opinion and action on behalf Of
the constituted authorities Of I'eunsylya-
MIA, the litigation is not yet at an end !;
for the railroad company has recently re
moved the cases, BY writ5 Of error, to the
Supreme Court Of the United States,
where they arc now pending. That the
decision Of that court will, when made,
fully sustain the right of a sovereign State
to eu(orcc d contract between the State
and a corporation, and entirely indicate
the power Of i State to impose such taxes
upon corporations as in her sovereign
will she may deem proper, [ cannot fora
moment doubt.
To complete the history Of this import
ant lit CATION, and TO show that every eff
fort has been, thus far, made to compel
the payment of this large sum Of money
into the Treasury Of the State, it is prop
er to add, that the Iaw-oficar Of the Com
monwealtb, being ofopiniou that the wrjts
of error were not issued from the Supreme
Court Of the United States in time to pre-
vent the collection Of the Judgment rem
! dercd in the State courts, executions
we're issued TO the sheriff Of the county Of
Dauphin, and proceedings are now pend
ing in the Supreme Court Of this State,
In 5~aIarminc Who'll her thr Co,nnonvaaI1
can compel the payment Of the judgments
already recovered, before the final deois-
80 - '-H 0'E 00~'' VI NV o1''0N
0'1'~
The Sudbury and Enc Railroad Con
pany having failed to negotiate ITS mort
cage bonds ID Their present condition, the
expectations coahdeutlai'y entertained OF
en- early completion OF that most lmpor
tant Improvement have not been realized.
Inc WORK during the past year, however,
although greatly retarded, has been con
t!npatiy ProgressInS-Gp|ara5 OF one
million Of dollars having been expended
on the line tron November, 1879, to No
vember 1860. The whole length OF tie
road, from the borough OF 0%unbury to the
harbor On the lake, at the city OF Erie, !,
26S miles; OF which lt5 miles are now
holshcu anu IN operation, ana 10 miles
OF The remaining portion OF the line arc
graded, leaving but twenty-five miles yet
to glade. IennSyivanla IS largely inter-
ested IN The early completion and success
Of this great t~horougltare, not only be-
u she IS the creditor OF the company
TO- the amount OF three ana a mali millions
OF dollars iut Tor inc aad'''on"I and more
eo&en' reason JAa' me InPrc'CA"oht' ".eo
o0'upIc'oG' VIII open one Of 'le mot M
PoF'cn' c"","1e,s q tFaoG between the el.
., "II@uc'y"i' "La t"9 great IaNTS o.
ne "es,, al '"e p9SU "''ooF on Lake
Ere eu''cly within 'ho UNITS OF our
9'"'I' "H,I1 mas ever Ogen c~o"'ein-
P'"'cu' II "'I' moreover Ce'e'oP n
resources q d large portion 81 northwest
e!n feh"Sy''a'I'' ~@oouho!o8 Win the
'leHe"t minerals ana 4 lumber region OF