, 1874-10-19

2.i 2s%,sf 1ss ssr Is ii: ii ::;:is;: a4oe 'aae
| THE CHICAGO, MILWAUKEE ! 81. pAul.
Acorresponuent Of ths Nom York World writ,
| lug fiom Mllnaukes, Baya, On autholity OF the
General Solicitor at tho Company, that ths
suil rccontly commenced III tas United States
4. :, bright aga INT tho Chicago. Dluuaukce i
st. Paul 1tAilroad Company, Ia an attempt to ro-
no" tie litigation finally doc!ded against him by
the Supreme Court OF tho Unlted States In 1SGB.
| thu mortgages girsn BY, and tlls enforcement OF
| tho 1Edsmoats Against, tho L. Oro4aa l. Mil
HeAsos Nallroad Company.
Ihas road wae 200 lnilea In leusth, md prior
10 June, la5s. had bsen molt.ascd and iucu:n.
6ered ny Judgments to thu extent OF 81, 500, ,o0D
bealdoe ttoreat, aud had passed ont Of tl,s hands
OF ths Company the hautlao it's creditors WHO
were then operating it. In t1e summer OF 1854
The Barnes mortgage tor s2,0Qo, 0ou, subject to
all tie priur lenH OIL tha road. Tbs bon,a Sc.
cttred " this mortgage we're disposed Of s.in
NAYS + that we're dark aud by tricks that mer-
rs. vr aaa H. u .1nee M 1ei. no appsoye tho su,
Was sold oa this mortgage by advertisement
about niue uonths al. or its execution, and lid
" by Darnes, the Trustees, for ths benefit Of Vii
,ne ~ oonalo!ac1', snI immediately thereafter
~ tue name Of tho Milwaukee i Miuuesola
N'tIcoad Company, and exchanged their bonds
tyr stock in that Company. Afterwards
Hi' oit@At oceaIha tI6htuent Ut that
Company, and had been suc3, President mauav-
nxluE its aaatrs, for tsselni years niur to tile
decleion u the Supramo Court at Washington In
la6S, by which tho rgut aud title eF tho Enjcauo
Milwaukee, y & Ut. Pail hallway Company nas
tho title OF the ChtcE:o Milwaukee L st. Paul
Hallway Company cpmeA from tie purchase OF
~" road aud pfopclty on tia foreclosure oil na.a
H7,ao9, oo' Of no4t$ases sud Judgments. Ttoso
licin were enforced by proceedings iii the United
States EJUrE and n1t tJ, lin kt,p.
Cosl;l 1T Washington anu there affirmed .rba
whole Of this &f,jUu,01D, WITH Its accumulated
intera't, except so much thereof AZ wns cancelled
owned by tne Chicago. aiiwa,,seo i ST. Pail
Halfway Company, and greatly exceeds the p!ea-
cut value Of tho property.
LAKE. ss1oRE MICHIGAN sourHgns
The ha%e Sho's 4 Mchisau Southern Railroad
haH plo4latca tho folo"lns r=Eo Of ,Lx easra-
tons tor the year ending Juua 81, 1874:
Gross earnngs fur yaar ending June III,
Deduct a.rnnsa froa, july to Decs;a;*r
4os9'... ..............r.,.... 9,flG,aC1,11
GroAs earnings for ak month. Of 1874 is 4oa 40
oper.tInB expense, {nol Including t.xcs)
for year *Itng June 10, 1871 Si1 o41 9e5 90
Det"rs "rertttnS EXPENSES fron, July to
oAsa5n1:i, 1atd'... .................. G,SGo 136.RH
o1Hsasing sxnsa1ss fer nix montha ending
M: ssr"iaxs ior Ill MOI: h. .: is7i s3si y
@At-' HH"1rH Ibt llE !iIhL SIX lIcAln4 OF mi.
co,,si,are f0IlnHr With those Of the cuEresnti
ing period u 1878:
1874 1873
Gross caru.
'"g, 725 42a.ao tv7s7,e4s.ol D..s,, ,o5e 22ss4
y. .tiAtipa
u1prnaes sa7e, ,7ao.sl c.7las1s.o1 Dsa 1,s4so7sao
Nc. earn
ings.. ."t3355.es2ca s3o,s,s3o.3a Iue. sa7oss17s
It VII be seen that, although tue gross esrn,
Hugs lor tue o!1 uuntls show filling or O: |
over million dollars. the net oarn.1,ga are |
larger bY a'9916,S52 tl'nn last year. Al these
earnings were used III completing coutractn |
lNlnc nret tiura tn Iura 10 1879 Il