The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1871-08-04
CINCINNATI.
How Long is Il Railroad Ticket
Good For!
CINCINNATI, August 3.

CINCINNATI, August g.
On the first OF July the Little Miami
railroad, now under the management OF
the Pennsylvania Central interest, chang.
ed their system Of Communication to subur.
ban residents from quarterly Communication
tickets to monthly tickets, emitting the
holder 10 specific number Of rides, the
tickets providing that they could moi be
used save during the month Last even.
ing Gen. Tom Powell presented a July
ticket containing number ol rides I'm.
used, claiming that they were ye! good.
Declining to pay lor an additional one,
he was put off Of two trains hehoardGd.
To-day he commenced suit i0r damages
in the sum Of $2O,00O, besides an action
for assault and battery against the con-
duCtors and brakemGn. 1t will bring up
an important legal question to railroads.
Harry ChOatC, in u match game of bill
lizards for the championship Of Ohio and
Indiana, and apurse, last night, at Spring
field, Ohio, won the game over Jacob
Garrett by thirty in | 200 points,
Hon Job f. Stevenson reached home
last night
The officers Of the Cincinnati Hamil.
ton y Dayton and the Indianapolis June
ton railroad have, with the concurrence
of their respective boards, concluded n
contract which, when ratified by the
stockholders, will give, the Cincinnati,
Hamilton Il Dayton road complete con.
troll Of the other road, ninety miles In
length, TO the indianapolis Junction road
It's equipment Ia estimated at $780, 900,
and is encountered bya first mortgage of
81 100000, and second mortgage Of
$S30,000. The third mortgage Is yet ID
be issued Of $SO0,00O II has about
$l,O00,O00 floating debt, AMI has issued
over 81, 100000 Of preferred stock. The
contract provides that the Junction Road
shall transfer to the Cincinnati, Hamilton
Il Dayton Railroad, as absolute owner,
$500 preferred stock, Thus giving tho
latter road central Organization RRd
property, and enabling u TO operate d
junction road in connection with the Gin.
cinnati, Hamilton u Dayton. Advances Its
notes for $bO0,0OO payable in equal in.
stalmCnts, the last falling due in five
years, bearing seven per cent interest
lls loan with which the. aSsislanCG
ol the Junction Company will re-
tire to extinguiRll the entire llOating
debt before the contract takes elect. This
loan is to bo repaid principal and interest,
from the roads nGt earnings After the
payment OF the interest on the first and
second mortgage bonds, the entire issue Of
the third mortgage bonds il 10 pass into
the custody Of the Cincinnati, Hamilton
& Dayton road as collateral security. The
coupons on the six hundred thousand
dollars secured mortgage bonds up to and
including September first, are to be can.
cellGd, so that until March Isl, 1873, no
payments on account Of interest on bonds
will have to be nude, beyond the $0S,0OO
yearly. The Cincinnati, Hamilton Il
Dayton road In no way assumes any lia-
bllity Of the junction road, nor guarantees
payment Of any Of Its obligations, princi
pal or interest. This arrangement con
aummated, II gives another continuous line
from Cincinnati to indianapolis :
About 200 persons left here tonight
over the Erie for the Turner's meeting in
New York, part of them being from
Louisville Five hundred tickets had
been sold here for this occasion
This morning the first fast through
freight from Baltimore to Cincinnati over
the Baltimore & Ohio, Marietta n Gin.
cinnati and Ohio & Mississippi roads,
reached here, proceeding hence to st.
Louis Time to 81. Louis "a hours.
Senator Sherman on Change to-day
made few remarks, in which he init
mated that the tax on spirits would be
simplifled At the coming session of Con
gress, SO as TO make but one tax.
The National German Teachers Con.
vention, spent the greater part OF to.day's
session, In receiving the reports Of com.
mittees, and concluding unfinished busi-
ness The next meeting will be held at
Hoboken, New Jersey
General Harlan, the Republican candi-
date for Governor of Kentucky, addressed
a good meeting tonight in Newport
Hon. Aaron +. Perry, delivered to his
friends and neighbors long address on
national topics, tonight It's understood
to have been for publication, copies hay
ing been furnished the papers here.