New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-06-05
RAILRAY INTERESTS.
BOSTON. HARrFoRp AND ERIE.

The directors of the Boston, Hartford and
Erie who refuse TO recognize the reorganization OF that
corporation under the name OF the NewYork and New
England Railroad, held meeting at the house of Pres
dent Frederick s. Lane In FOrtysecOndst at which be
resigned and John Rooney, inmate Of his Office,
elected President These persons connected with the
old corporations that there Is property TO the value
OF several millions belonging to the Old company. They
say that the leases OF the Norwich and Worcester and
the Hartford and Providence Railroads well as the
Boston docks theirs aud wronguly retained by
the New-York and England. They say that against
these assets il secured, there only liabilities amount
ing to about 100000 1t IS understood that future ltga
ton will he entered into for the purpose of obtaining
some OF the property from the new company. The
corporation, however, is confident OF its strength and
v in contest the matter.
FINANCTERs WEST.
Matters have been comparatively tame in
walst for the past days The principal capitalists
and spectators are in the West attending the annual
elections Of he Chicago, Rock Island and Pacific, the
Chicago and North Western the Milwaukee and st. Paul.
and other railroad companies. Among those in Chicago
are JAY Gould, Horace f. Clark, Augustus schell and
John f. Tracy. Some capitalists are ia Baltimore. at
tending the annual meeting OF the Canton Gand) Com
pany. Prominent among them is Jacob RubnO OF the
firm Of Blederman & Co., representatives Of Bschof
sbem GOdschmidt, the English bankers OF the Erie
Railway Company. It's understood that English capi-
tasts have secured control OF the Company and Will
be represented either by s. L. NJ Barlow JACOB Rubino
or T. H. Biederman, ana Others whom these gentleman
may designate,
THE NORTHERN PACIFIC RAILROAD.
BISMARCK, Dakota, June 4.-Tne track of
the Northern Pacific Railroad reached the Missouri
River at this place to-day, and the entire division $50
miles from Duluth 20 Bismarck open to business The
people celebrating the event Connection Is made
here with the navigation Of the upper and lower Mis-
souri, line of is established between this
point and Fort BeutOn In Western Montana. and ship
nents Of Government and private freight beng
made by this route 10 the North West The railroad
Surveying expedition with military escort under com
mand of Gen Stanley will start West june 10, with the
intention OF making final and definite location Of the
line OF the road roD the crossing the Missouri the
crossing OF the Yellowstone aud along that Cen
tra Montana this being the only portion % the route
not yet determined No serious opposition from Indians
Is anticipated by those best able to Judge
THE CHICAGO, ROCK ISLAND AND PACIFIC RAILROAD.
CHICAGO June A. - The annual election Of
stockholders Of tho Chicago, Rock Island and Pacific
Railroad Company for five directors whose terms have
90 81 expired held to-day at the COmpany's ofce Ia
this city, and resulted In the reelection OF the old direct
ors as follows John f. Tracey Of Chicago David Dogs
Of New York. Hugh Riddle OF Chicago, William L. Scott
Of Egie, Penn =, ,. Allen Of Des Aoines Iowa. one