New-York tribune., 1867-06-24
vrPCHlNTS' UNION EXPRESS COMPANY
MORE FiG URES.
lrrnm III. aun.Io conri.r Of june 20. |

Prom
EpIroRs COURIER: There has now been paid into
the treasury Of the Merchans Union Express COMPANY
a,nn S Of "a Der cent ON twenty millions Of capital stock
less 5000 not pad In Prom this sum deduct sl'2oo
SI" nnye au tS@ S result S. Now We assume as We
have the right 10 do, that the gross earnings or inc 'u
pany are m Gqu b t,noe box OF the NJ IT, f. the above
handsome surplus, VIZ; s9,7ooooo ...,.,.., .,
With these facts la view am perfectly astonished 20
learn thnt the shareholders In this Company are to he
called upon for st another assessment upon ther sun
what need OF this can. II the Company has on hand,
as VIC have shown, nearly four millions OF dollars
tse stoS exceed by one hundred per cent original
promises OF the managersi What need OF this eau ~ te
face OF such declarations the following from the crru
lar issued by the Managers the 26h Of January last
Every obstacle in PATH thus far has been put out
60 hereafter win consist
q notices Of os' and S ae
tons and SUCH should be carefully pohdereo ny 'noSe
NOW IL the s previously alluded to not IN the
treasury of the Company, where u III UnquesuohaD
the ssssss ars has Sses n% IN the Of
the And II t has so been sunk what Is 10 De
Of ths Of the enteprseand who wishes put
more money into such an insatiate hopper IAN,
cannot thnk that sockhoder who IL blessed with
ordinary common sense and who bears In mind the fact
that there are nearly $ooo00 IN the treasury OF the com
pany and therefore another call an insult or that TINS
ree amount has been and therefore another
call 10 an oulrage-I cannot think repeat, tnat any
stockhoder who Is endowed with common sagacty and
himself TO any further In the Of financial
pheotoiny a the hands Of the eeches OF the Merchants
Union II there such an one he deserves 70 wake up
fine morning and that he has peeh egreg
ously and humiliatngly didded
The real estate equipments &C. necessary for the ope
rations the company having been purchased and PAID
for nothing 10 do In the future except 20 provide
for curreat expenses And since the trustees promise TO
next communicate with shareholders In the form 0f
dividends declared out OF hc earnings Of the company,
and is not usual for dividends TO be declared until ex
penses paid there should DC no trouble upon ts
score.
The simple fact is Mossrs. Editors that the company
has sunk, In lnsane attempt TO Keep ITS head above
of the paid In on calls, as wen as lts
daily earnngsand that this last call s merely made 10
sustain the from day To day, 10 suit some hidden
purpose ON the part Of tho managers. Ecee SgnuD.
Western Informs that the Cleveland meeting
called for the express purpose OF showing the u
trees that there was money Ia the treasury And that
without another cal which the managers dare not make
without their sanction, the enterprise must got the
wall In view OF which fnct, the stun which was sent
from Cleveland by telegraph In relation To the Ibeeng
reads very much like the plnttudes OF sy vanu Cobb Jr
For one, shall not honor this new call Ana u some
body who clever at such things will show me IN what
way the money have invesed IN the con
paddock.