New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-10-04
llsII JOURNALISTIC PkDGKESs.
. FTVDl The Wilmington ~ O. star
American newspaper enterprlse il DrObaDly
RAiLHAY INTERESTS.
NEw-YORK. OswEGO AND MIDLAND.

NEW-YORK, OSWEGO AND MIDLAND.
TillotsOn g. Greeley filed, through Diefen-
dorf Gedney their attorneys petition In the United
States District Court, asking that the NewY0rk Oswego
and Midland Railroad Company be required to show
cause why It should not be adjudicated bankrupt.
The petition based the allegation that the Com
pany had suspended for than "A days payment Of
one OF its notes for about $4,000. Judge Blatchford
granted the petition, and made the order returnable
Thursday, when the Company through +. n. Bangs its
attorney put general denial, and demanded jury
trial which will probably be had during the November
In the United States Circuit Court, Thursday, Abra
ham Hewitt, the receiver OF the New YORK, Oswego
and Midland Railroad Company, moved, through
Ashbe Green his attorney, to have his power such
receiver enlarged so that he can pay the laOOrers
claims against the Company from January instead OF
from June, 1873 Mr. Green also moved to modify the
lease OF the New-Jersey and Midland Railroad Company
80 that it Will leave the upper line of the road re-
cever's hands, the trains running ID the time to
New-York over the Montclalr road Judge Blatchford
reserved his decision
NEw-YORK, NEw-HAvEN AND wIGLrdANTIC.
The first mortgage bondholders of the New
York New-Hayen and willimantic Railroad held
meeting at the office OF Hatch Foote, in Wall-st,
Thursday afternoon consider the report Of committee
relative to the prospects and needs OF tho road and to
hear the report " Coffin, the administrator. New
York City, Albany. Mddletown, Brooklyn, and the
counties along the line OF the road were represented
Seymour L. Hustled and Judge Alexander McCue repre-
Seulen dCtifc P'' IA thO fiNN"N"
ings. ~ H. Reed of Albany presided, and E. f. Ander-
son NewYOrk acted Secretary The report OF the
previous Committee Messrs. Watson, Sands, and Camp,
showing the present capacity and needs Of the road was
approved Mr. Cofiu. administrator OF the road, was
requested to give summary OF its workings and pros
pects He said that the portion OF the road between
Middleown and New Haven finished, well baasted
and ready for all the business that could be brought to
it, There was great need OF rolling stock, however
They could make only trip day at present. because
OF the lack o, wheels They needed one more locomo
tive il not two at least three passenger cars and
Is box freight ears. Business was Offering IN much
greater quantity than their facilities warranted but
they had an income OF 5000 month from business, ana
could increase il 10 81 0O $4,000 and $4,000 as their
rolling stock was increased. lie concluded ny say
ing thar $4,000 would be necessary for OUTLAWS during
the present Autumn. The frst mortgage b0ndholders
had the alternative of subscribing the money or Oh lOre
closing and he thought the Subscription Wou ne Miscs'
under the circumstances The question was nnaly SUD
mtted meeting and IL was decided 10 subscribe
the amount n possible subscription 10 ne Vald untu
the whole should be raised The subscription paper
Immediately passed around, and several large SUD
scriptions were made. The chairman, on mOtlOn ap-
pointed d. g. Hatch of New-York, I. l.. Watson OF
Albany and s. s. Sands OF New-Y0rk Committee on
Equipment and ID. B. Hatch, A. NJ Colegrove OF Middle
town, f. E. Anderson of New YORK, y. D. sands Oh new
York and John ~ Camp OF Mddletown Committee OF
whose shall be 70 supervise the action
OF the trustees OF the road and advise ana
first mortgage bondnolders. The meeting then al
journeds The attorney of the Brooklyn Trust Company
will Middetown to-day, 20 make arrangements iof
the payment OF the missing shares.