The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1866-02-07

The Boston Courier is dead. It was founded
March 2, 1924, by Joseph T. Buckingham.
died ON Jan. Is, 1866, of George Lunt ano i01o
the Courier was sold at the price OF S4o'ooo, ~
1857 it could have been bought for $S,oov, III
it 10 no more. Such 10 newspaper a. VOL - ''
er life.
The above item has been going the rounds
Of the papers for sometime past. 10 Is un'
lust. unkind, and untrue. The Boston
Weekly Courier, of Fob. LIST, 1866, is on our
table, full of most useful. instructive, and en-
pertaining matter. 1t is published by Lib
bey & Dennison, and, from its appearance,
bids fair to live for many years to come.
The item is also unjust to Hon. Geo. Lunt,
one of the most accomplished gentlemen and
scholars of the state, and whose editorial
management of the Courier was marked by
great ability and good sense.
We believe the fact is that,t the name OF the
Dasly Cossrisr has been changed to the Bos-
ton Ecening Commercial, but the New
Hampshire Patriot says 'the Commercial
looks and reads like the old Courier, has the
same publishers. the same editors, sustalns
the same principles and measures, and is the
old Courier except in name"
1866.
Present-His honor the Mayor Aldermen
Shearer, Phillips, Sweeney, Huber, Dimick and
Eangdell
The minutes CT Jan'y Esd were read and appro-
we'd.
The officers reports for the month of January
were read and referred to the finance commit
tee.
Sundry bills read and referred to the
finance committee.
On motion of Aid. Phillips Aid. Sweeney was
added to the committee on finance
Aid. Shearer moved that an order No. 6S05 for
one hundred dollars, be drawn in favor of A
Webster, also an order No. 6s06, for two hun
dred dollars be drawn in favor of G. NJ. Osborn.
Adopted.
The finance committee reported that they had
examined the officers reports for month of Jan'y
and found them correct
The committee appointed by the city council
to investigate the rights and interests of the city
in the Rock Island and Peoria railroad, submit
ted the following report OF the city attorney, in
relation to said railroad, which, on motion of
Aid. Dimick, was received and ordered to be
spread upon the minutes.
To the Honorable, the Mayor and Common
Council of the City of Rock Island, in the
State of Illinois:
At the request of the committee of your
honorable body, to whom was referred the
matter of the interests of said city in the
stock and management of the Rock Island 4 |
Peoria railroad company, with power to ex-
anime into the same, and bring suit In rela- |
ton thereto, &c., the undersigned respectful !
~ reports:
That upon said committee applying to him |
for assistance and advice. as authorized by !
the resolution appointing it, he, with the |
said committee, proceeded to investigate the |
affairs of said railroad, but found great diff.
Guilty in thoroughly SO doing, on account of |
the reproduction of books and papers con
celning it, and which should show the action .
of the board of directors of said road for sew
ersl years it being affirmed by the officers
thereof that said records had been lost and |
had never come into the hands of the present
officers:
That upon application to P. L. Gable, ESQ.
the present president of said railroad com
pany, he allowed the undersigned TO exam
inc the records of the board of directors of
said company, so far as they we're completed
but said that 1t was merely a matter of eour-
tesy In him II so doing, and that the city of
Rock Island had no interest in said railroad,
as the railroad company was dead, and the
road was owned by the Coal Valley Mining
Company:
That the said committee became satisfied.
from information obtained by them, that the
revenues of said railroad, since it went into
snc pIoCt'Cdi oouttoi Oi htiU OaDi6, VIZ In
August or October, A. D., 1868. should have
been and were sufficient to pay off consider
able portion of the bonded debt of the said c
railroad company, and they considered it
very important that the facts, as to the own.
ership of said road, should be determined. !
and that new trustee be appointed therefor,
in place of Edgar Thomson, the existing
trustee; and with view TO the accomplish.
ment of these objects and the obtaining cor
rect account of the profits of said railroad,
since the time Mr.. Cable became practically Il
the manager thereof, bill in chancery was II
lied, on the part of the city, and service was q
had to the last term of the circuit court of =.
his county.
A few days after the filing Of said bill &
ult commenced in the name of Thomas T.
'uDkett in the United States circuit court r
n Chicago, to compel the sale of the stock in q
he said Peoria & Rock Island railroad com C
amy. owned by the.oity, for the purpose of J
laying the bonded debt of said city. and said P
nit is still pending there. j
On the 2Ist of December, A. D., 1865. a c
,tter was received by the undersigned. from Nj
:. L. Cable, Esq, and on the 23d of Decem- ;,
er following, an answer thereto was deliv.
red to Mr.. Cable, copies of which letter and =,
nswer are herewith submitted These doc. ~
ments explain themselves No reuly from D
lr. Cable has yet been received. r
Alfred Webster, Esq, has been employed
: said COMMITTEES to act with the undersign. j.
in relation to all these matters. 10.
Respectfully submitted, j.
CHARLES M. OSBORN, Pl
City Attorney. Il
Rock Island, ILL.,, Jan. 80 1866. T.