New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-04-26
OF OARONDELBT STREET.


days. Speculations seemed dead. Opin-
ions as to the future were at q decided
discount No one offered and no one
sought them. Some limpiug ducks were
apparently. busy with melancholy retro.
specions, but the majority of the Caron-
deet street habitueS INDUCED in the LATEST
kind of dolce far niente. Even at the
board in the evening the days apathy
ruled; and old Wouter Van Twiller, had
he received tie magic working green
ticket emitting him to admission, and
made due use Of it, would have voted
the brokers more sedate than the council
of New Amsterdam. One little ripple
there was across this stagnant surface,
and notwithstanding occasional gentle
regrets, it proved, as a relief. decidedly
welcome. This was new complication in
the Jackson railroad matter.
There was an election of directors for
the New Orleans. Jackson and Great Nor
thern Railroad Company. Ordinarily this
would not be matter Of very great mo-
ment but the long series of injunctions
and counter ipjunctions, which few care
to understand, fewer have tried to master,
and still fewer have comprehended, with
which the daily papers have surfeited the
public with reference to this railway and
its stock, have made the roads interests.
to some extent. the peoples. But this
election seems to have been quite pecu-
liar matter, and it would appear that yes
teriay some minds were severely exer-
cised by it. An injunction had prevented
the election last Monday, for want of the
presence of representatives of majority
of the stock. Under the act with reference
to this road of 1853, in case of such want
of majority, the election must take place
the following Monday, between the hours
of nine and three. At two o'clock yester-
day the injunction relative to the election
was withdrawn, and at half past two 49,
3l9 shares were represented in the rooms
OF the directory. Without waiting for the
customary cakes and ale, these 1889
shares chose commissioners of election
and elected The following gentlemen as a
board of directors for the Jackson Rail-
way.
H. S. McComb, J. Il. Oglesby, J. B.
Alexander, Richard Pritchard, E. H. Sum-
mers, S. H. Kennedy, T. j. Pratt. A. D.
Grief, Williamson Smith, e. J. Forstall, |
A. Scbreiber. ". A. Gordon, 4. II. West,
P. B. Stark, L. E. Houston, J. C. Lucas,
E. H. Sanders, 7. J. Mitchell
Messrs. Thomas F. Fisher. C. II. Hyams |
aud J. Wittgenstein acted as commission
ers. The city stock " was voted by
Mayor Flanders, and the vote OF Mr.. |
McComb rejected by the commissioners.
Some of the voters, who came from Mis-. !
sissippi, then departed. Subsequently |
the others tried to leave, but found them
selves locked in. General Beauregard was
on the war path. He captured theenemy,
horse, foot and dragons. An affidavit by |
General Beauregard and Williamson |
Smith, before Recorder Houghton, was
The means of securing their consignment to
durance vile. But the shackles of the |
captlves were soon removed by the pre-
'enting of other bonds, (their own and to- |
morrow, on charge of trespass the rep
+esentatlves of so much of the capital |
stock of the New Orleans, Jackson and i
Great Northern Railroad Company must |
appear before bis honor the recorder. The !
arrested were as follows: H. S. McComb,
Thomas F. Fisher, 7. Janney, c. &. Hy-
ans, j. Wittgenstein, J. N. c. Rodney, e.
e. Summers, T. J. Pratt and E. Pritch-
srd. The new board is a good one.
Ship Island is still drooping-probably
or fresh start, as its chances are good. |
Pneumatic is not where its friends wish it
,r where they believe it ought to go. The
enterprise risked its life rashly in per-
orming unnecessary exploits Ia Blondin
without its balance pole, of which, unlike
ts arcatype, it had rigorous need, Its
stock had issued at SIS per share, and
having, without known cause, graduated
C $3.50 it suddenly found its Niagara and
vent into the vortex headlong. Efforts
or its rescue were not wholly futile, but
t seems to have gone into gradual de-
lire. The public has withdrawn from it
hat confidence which it had not earned
md which only now, as we learn, it is pre-
pairing to deserve.
After successfully testing the patented
paper tank in the middle OF January, spec
Ilation invited its stock into the brokers
schedule, where it gracefully, through gra-
1ations went daily upward. Yet it is not
believed that the operations since have
any considerable number Of its
shares. Two or three scores Of these, re-
Deating themselves under successive trans
ers, have made up the business Of the
brokers'. The old line of holders, unre-
,ardiDg change of price or circumstance,
keep still their unbroken shares, awaiting
with a confidence quite as IN
yavering as to the uninitiated unaccount-
able.
The necessity of reconstruction arose
rom the total failure of the pneumatic en-
zine from bad workmanship. Mr.. Rob
,rts, as we are told, has still in progress
he regulation of its valves and. slides.
n the meantime he was dispatched, about
. week ago, to the North, where he now
q with a view tn conStructiva purposes