The New York herald., 1871-09-11
THE ATLANTIC AND GREAT WESTERN RAILWAY

AfLASTlC AND GREAT WESTERN RAILWAY.
The Cleveland Herald Says o.
At noon OF Friday, September I, the Atlantic end
Great Western Railway, with all the property con-
nected with thai organization, was formally trans
1erred py the receiver to the trustees nJer the
gaAizatlon of tae company. Ihe transfer LOOK place
aC Akron, and on ITS comp elton the three trustees
Hruoi NJ ncsn sMuse rourn' o onio, aaa
the railroad and all us appurtenances IN behalf OF
the newly organized Atlantic and Great Western
Railroad C0npany. Tue new organization comprises
ell tile va louj classes OF OOnuhviderS, with the
ceptiOn OF portion OF the bonds held Ia Holland,
and SD MANY VI the stockholders signed the agree
ment ana consented TO lhe scaling down OF their
Stock. Ii l, believed That by far tue greater portion
OF the stockholders have come into The al ran cement.
Ihete Is 10 opposition 10 the scheme part 0f
The ooud and -toCk holders have not come into
tue arrangement. they merely pfeieIrng 10 take
tiielr chances outside oil Tile arrangement The
Dutch bonahclders nave been paid their overdue
Interest, anu are now working IN harmony with the
do so because tncy thlnk the Investment is good,
ana that alter he bonds have ali oeen provided lor,
non stock tdaa IS allowed for II now IN
scalns down ior the new organization.
o. .ne property, during The pereclnent VI the re-
OrSinilati0n, VIII ptODaOiy surrender their trnst
Misnin thirey days % tao company, When General
Mcclellan Will become iS iresiuent. All arrange.
ments Win The iris Railroad Company ceased at
noon on FRIDAY. and the Two lines are now merely
coalecun- roads. Important Changes are ia con-
temptation ana Will De commenced at once,
the obee! oi whicl Is 10 make the Al.
the Erie, While maintaining rieLu.y relations
with The Drsl step, 10 Oe taken Immediately. Is
the laying OF duuDie track marrow gauge, with
sleei iaIls 0n the cleveland braucn Cleveland ana
ManonlDgl. Inc rails taken up nom The Cievciand
branch olll be- USED toward laying thrd rail- irOm
LeavlttsDur2 eastward, 81 tnat marrow gauge cars
call pass over the mann line east OF LeAvlttsburg
Arrangements nave already been perfected
Win tne Philadelphia ana Lrle Railroad,
by winch narrow gauge traiAc be-
tween Cleveland ald Atlantic cities
pass over Tue AIautic and Great Western 10
CORY, and tuence over the Philadelphia anu Ere
and ITS conflicting iues. Connections Will be ih,lje
LII the New Ork central also, either over Inc
bui.o division Ut tie Atladtic aud ,reat Western,
which III tbat case w,ll be completed without ue .ay,
ar over anOtAer line III couisc Cf Construction.
with these arrangeGentS completed The Atlantic
aud treat esern NiI .orIn parI OF narrow gauge
iiie by way u CORY, Harrisburg ana laueip pIa,
another narro" gauge une " Nav Oi buliaO and
the New 10 central, and u broad gauge line by
way oI the Elie. Ihe Dulidng oi u short INK,
twelve or tn rteen mics, from the Mannonlng iIue
10 the BalLiInore anu UhIp extenSlou viii vpeu u
new and shOit rcutc between Cleveland, Baltimore
ana Washington. Oiuer process aie cOntcui pateu,
b., which, without ereas eXpen;iiiure Oh capiiai,
and It's value enhanced.
THE COTTON CROP OF THE UrIrED STATES
The following Is q statement OF tue ton yield In