Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1872-05-28

| ector-R. Ii. Mateer,c.; ASSeSSOr-AleX. Daly,
C.: Commissioner of Roads-W. B. Averill, c.;
Ovcrseer of Poor-George- -, Justice of
the Peace-S- Follin, c.; Constables-S. Z.
Leigh, c., and w. T. Gunnell, C.
The total vote of the county was l44S being
Gil less than was cast at the last Congressional
election.
There were 454 votes for striking out the
Usury Clause in the Constitution and Isl
against it-Fanjnn Ne'cs.
RAILROAD COMPANIES y estcrday, in the
| Supreme Court of the District of Columbia
the Alexandria Canal Railroad, and Bridge
Company, through their counsel, Mr.. A. u.
Riddle, entered suit against the National juno
ton Railway Company, claiming 100000 as
damages.
The declaration states that the plaintiff a
body polite and corporate, sues the defendant,
also an incorporated company, for that the
plaintiff was fully empowered and authorized
by acts of the Legislature Of Virginia and the
Congress of the United States to construct and
maintain bridge aud railroad across the Po-
tomac at Georgetown on the piers OF the Alex
andria Canal Company, to whose rights the
plaintiff had succeeded, to Alexandria. And
aud maintain railroad from the Northern
terminus of the plaintiffs proposed road to
any point northeasterIy in said District, to con
meet with any railroad or roads entering the
| District from the North, aud the two could
| thus unitedly connect and join any Northern
railroad or roads with any Southern road as
might be stipulated for with them respectively
| for their mutual advantage.
TO secure the advantages it became necessary
that an arrangement should be made covering
the premises, and thereupon, on October II,
1869, preliminary and provisional agreement
was entered into, and signed by proper parties
STIMULATING for several leading provisions, upon
which the parties should act and be governed
in contemplated union Of their capital to Sc
cure the objects set forth.
Among them it was agreed that the capital
stock of the defendant (S5OU,0 00) should be so
divided that the plaintiff should owe S225,0 900,
and the defendant $275, 900 of the same. And
in consideration thereof, the plaintiff was to re-
ceive from the defendant 100000 OF It's en-
dorsed bonds, to be used in the construction Of
its part of the enterprise.
Stipulatons were also made as to the mode
of working the railroads when constructed and
division of the proceeds, which were subject
10 the ratification of the respective boards of
directors thereafter. These boards afterwards
ratified these stipulations on Oct. 1865, and on
the 18th of January, 1870, formal contract
signed and sealed by the parties was delivered:
in which, among other things, it was stipulated
that the plaintiff should construct its railroad
and bridge from the north bank of the Chesa-
peakc and Ohio canal across the Potomac to its
southern bank, being for use on or before the
lst of November, 1870, so as to connect with
railroads suutherly if necessary Also, that the
plaintiff might construct it's railroad to Alexan-
dria and that railroad of the plaintiff was to
be wholly at the service of defendant upon GER
tain terms, and no other railroad track should
be constructed upon and over said bridge.
The defendant, in view of these stipuatons,
agreed to pay to the plaintiff the $4,000 OF
its guaranteed bonds, and also to construct its
own railroad at the earliest practicable period
thereafter to complete the junction with the
Northern roads and if it should become neces
sary for the defendant, in order to procure an
endorsement or grant Of its bonds, to sell its
stock for that purpose, the plaintiff was TO con-
tribute ratable proportion, the amount to be
sold not to exceed S200,000 and each party to
receive the price for which its stock So contr-
buted should be sold.
The defendant was to deliver said 100000
of stock to the plaintiff on or before the lst
day of July, 1870, and upon the condition that,
before said delivery, the plaintiff should exc
cute and deliver to the defendant, with sufi-
Gent security its bond in the sum of $l00,0 900,
conditioned that it would construct its road
across the Potomac within the time stipulated.
It was, also, condition that said contract of
January IS should not be delivered until the
Alexandria Canal Company should give its as
sent to its terms, and to respect all the rights
and privileges secured to the plaintiff by the
agreement which condition the plaintiff per
formed to the acceptance of the defendant
The plaintiff, after the execution of the con-
. tract of October II, 1869, fully relying upon
its ratification as set forth, entered upon the
construction OF its bridge and railroad, and ex-
pended large sums of money for material and
labor, and for procuring the right of way, to
wit, s25 900. That afterwards, and pursuant
to said contract of January IS, 1870, the plain
tiff demanded of the defendant, to wit, on the
ls Of July, at the office OF the defendant 10
said District, the delivery of S225, 900 OF its
stock, and also 100000 Of its guaranteed
bonds, and then offered to execute and deliver
to the defendant it's bond with surety as pro-
vided for in the contract. That the defendant
asked of the plaintiff sixty days time in which
to comply with said demand, to which the
plaintiff assented; and has at all times stood
ready to execute said bond with surety to the
defendant, receive $4,000 of it's bonds and
specified stock, and fully perform its contract
yet the defendant has wholly neglected and re-
fused to perform it's part OF the contract. And
the plaintiff claims 100000 damages. - Wash.
Patriot.
IRoN-The growth of the iron industry of
ST. Louis is especial remarkable. Within the
limits of the city are now six large blast fur
naces, two rail mills, bar-iron mill, wire and
stove manufactures, besides large establish.
ments for the fabrication of iron machinery of
all sorts. The great bridge now in course of
erection will cost 100000 and will consume
three thousand tons Of cast-steel, which is to
be supplied from Philadelphia. The iron in
tercst of ST. Louis will soon be competent to
meet even this enormous demand. 1t is now
proposed to build another bridge across the
Mississippi at Carondelet, of St. Louis iron, at
cost of s., 100000.
RUSSIA is about to construct a ship canal be-
tween the Black sea and the Caspian: The
result Of this enterprise commercially will be to
| o,on nm tn the world the trade of new region