New-York tribune., 1872-04-11
LOCAL MISCELLANY.
ERIE


GEN. sIcKLEss OPINION OF RECENr MOVEMENTS.
The Withdrawal of the Heath and Raphael
OF Eric stockholders from the contest FOR
th MANAGEMENT of the road reported in this city
week ago. but by ALL except few wel-ntoimed per
cons was believed 10 cauard. This party, other"sc
known as the London Protection Committee, representa-
u large amount Of stock-some sSOoOo0Ve-au i"i '"O
past two years have been engaged in expensive IS"
tlon to recover the 6OO0O shares stolen from them py uo
4 COMPANY and in other efforts TO secure areloiin""oi
the management OF the road Their relations to""r"
the Bischo Gshem and McIlenry comoInaton ~ ,
decidedly unfIiondly ana the recent 'ilAlin' no,
by which the latter party obtained cOh'roi oi '"0 W
WOO s,racd with decided Dissatisfaction III was geH
srallv understood however, that holding so mueh moro
s,oct than any other single party, the Healh ana h-
nhae Committee woad take advantage OF 'he chnEc'
which rendered an SOnest election possioie' anu "o Va
forts to secure much additona STOCK rs WO"" s0 "
a.. lives the control Of the road. This was ap
parentlv rendered easy from the fact thaI tho
American Erie Committee representing large amount
~ stock was ready TO cooperate with the London Fo
teetion Committee every honorable manner 1ne suu
den withdrawal of the latter and its iuaI
the Bisohofshem party, the continuation OF "lcn was
received in this city few days since, have occasoheu
much surprisc and various spccuiaois as 10 tle o o
stances which lave induced such action
Gen sckos in couvorsat on this subject yesterday
with TRrBIsy reporter, expressed himself as ioHO"S
In his efforts 10 stcGre change III the Erie mah'sen
he had co0pCratol with the gentlemen lepiesenhk -"
Heath and Raphael party whenever II was poSSioo' az"
had aiven them such assistance at Albany
as vcs in his power II had been his intention when he
ers. MANNED the strategic Ivy which the Board OF
ec.ors was secured 10 have placed three or ioa OF
Tie friends OF the Heath and Raphael combination on
the new Board, and the names Of several prominent
business r,Cn of this city mentioned 10y Gen. Sces
as having been decided upon for this purpose Inc
action OF the party became so hostile, however, toward
t,,osn interested in the BischOGshen movement that
no combination was possible, and, consequently to lu
tendon of Tepres lug the party on TIE new bolu was
abandoned. Among all the congratulations IeceNeu oS
the General the success OF lis efforts 10 Icloi ~
mauacomcnt of tie load he had received none rom any
d Coutleuon connected with the heath an" h'1"e'
partv but on the other hand attempt was made 70
throw discredit on the whole proceeding The party
ted 70 secure majority OF the stocS ana, iaihs III
this have given up all attempts 10 cohlol INC 80
Another hostile movement made by the agents VI '''
Marty was in he action recently instituted against INC
Cr,e Directors including Gen. Dix ana the other oils
Of c low Board In reality no suit has been orough 50
Gem sickleshas heard. summons mas Deen serve"
bot ith no complaint. In this matter Gen. scRes WAS
not consulted hut after the action was DeHuh Attorney
General Barlow wrote him letter asking y hls peo
nile" wished TO Join in a suit against Gould ana Lane
nothing being said OF the other gentlemen included ID
the SUMMONS To this The General replied that he would
t Cen Barlow know if his party would join in the sun
when il was known what the suit was lie also INFORMED
nina that the new Board was proceeding with nden'y
and zeal 20 bring Gould TO account for MS Stewardship
s u,~. have been inferred from the character OF the
gentle men forming the Board that good headWay hao
bccp made and nrimatng that no assistance had oeeh
veo e,o In their work by the persons with whom the
tie Attorney-General acting, To this eommunlca-
tiou he had received reply referring to the
st a xns McF rceevcd e '' by " Mr. ses, lie TfOe to
The leading counsellor Of the new Board inqmTng wnat
It meant, ana informed that the suit was lntende1
prevent tho Erie Company from compromising Wlt1
sud releasing Gould and Lane; tha it was brought at
- instance Of swami and Southmayd UPON the asseI
zion OF relative OF Gould that the COMPANY was ABOUT
sllct GEN Sickles that such suit could not be main
iaued in any court Of the State lt Is on the same
smenlod by new principle. viz. that II the Company
dscovers fraud aud secures restitution, still 1t cannot
slrqiiv and the suit can be ended whenever the Com
pauy please Cen Slckles said he had given the suoec
inVc-- cation, and satisfied the opinions cX
presscI by tic dstIn guished counsel were correct.
rcotion 10 the amount OF stock owned by the Bisch
ohcim party Gen sckes said the report that it owned
soyeL-cigitis OF the stock was greatly exaggerated
party unqucsonably controlled more than majority IL
was proper however 10 call II exclusively ali Engsh
coubnaton. one American gentlemen the new arect0r or
cash in stock at from 40 TO 49, number OF other amer
narirs in Germany, Russia, and Holland, associated
WIN the new movement, own S2S,v0oVOJ
ERIE RAILWAY NOTES.
Tie subject Of erecting grain elevator at the Long
Dock Of the Erie Company, near Jersey City, has not
been brought before the Board of Directors nor Is
IL likely TO be- has been reported. The matter was
considered years ago. and account of the difficulty and
expense Of obtaining solid foundation for such build
ing at this point when there 80 feet of mud before
reaching rock, il decided TO be npracucable The
Company some land near PaVonla fcrry, aDOlh-
ne rotrty OF The NewJcrsey Railroad, now leased 10
Tire Road and as the Location oilers an ex
Ceuent chance fer the construction OF q Ocep sp anu
he bndng Of elevators and storehou:es by 10th these
roads, 1t IS prObaD,o hat some igi, "4ii w '"Ae"
in the matter by the directors OF the two companies
Gen A. $ Diven. who assumed the office OF yce-Presi-
dent last week. is the actual head OF the Erie Road,
Gen. Dix being prevented by his many duties
tahlng active part IN the executive management.
The earnings OF the Erie Railway for the month Of
March, 1872 Were 81 i34.56l.