, 1874-07-26
THE COURTS,
Record Of Business Transacted Ecs.
tEEIlY.

| Record Of Business TRANSACTED Yes
| tcrday.
| Judge lIcAllistcr has just granted an ordo
continuing the injunction in the case of til
Chicago, Burlington i Quincy Railroad Com
pany 7s. J. j. Cole and Lewis c. Storen, com
menced in DuPase County for the purpose O.
restraining the collection Of the Capital Stool
tax. After the late opinion of the Suprou,,
Court involving this question, the attorneys fo
the defendants in the above suit matio o uotion
to dissolve the in junction before Judge Wilcox
at Chambers, and upon hearing he dissolved
the injunction and dismissed tho bill. AlAat
the Company had some twenty odd
other cases OF tho same nature pending in the
different Circuit Courts Of this State and one in
the Supreme Court still undecided an applica
tion Was made to Judge McAliister for the above
order to restrain the collection OF the tax until
the Company can have hearing in the Supreme
Court. the case presenting some questions not
involved in the one already decided. This orday
will have the effect to stay the collection OF this
tax 80 far as this Company are concerned, until
the final hearing OF their case nov pending in
the Supreme Court.
THE FRANKLIN RANK.
A swe1terins, incongruous mass Of humanity
gathered together in the United States Circuit
Court room yesterday afternoon to enact tho
farce of holding dividend meeting in tho mat
ter Of that stupendous fraud, the franklin Bank,
The trim schooimistrcss, with intelligent look,
attempting to comprehend how sLe had been
swindled, the honest English yeoman, with
fringe Of whiskers around tho suburbs Of his
face the swarthy Italian, the Celtic laborer, or
his wife to represent him, and the pLlegmatic
Teuton, all helped to swell the crowd that sweat
ed, pushed, moHped, and swore {schoolmistresscs
excepted from the last charge) in the court
receipts OF tue Assignee to have beeen s32.-
392 VI. and his disbursements IS, 7G327. leaving
balance OF S2G,G23.6J on hand. It was also
stated that Lombard had surrendered q large
amount o1 1ncilmbcred property to the bank
some time ego, which was possibly worth from
S2o,00o to S250 600 over and aboyo the ipcur2-
brances. Briggs had surrendered about ST. 200
worth OF iand. exclusive OF tho mortgages on
1t, but nothing could be realized for mouths
~ IN, 'ne present Depressed state of the
S3o ego due On the capital stock, but only
= Slo,oo0 or 1000 could 10 collected some OF |
tho stockholders being insolveut Fernando |
Jones holds $1,000, aud lie ID responsible, aud |
Also one or two others.
:, A free conference meeting was then held, and !
the Assignee subjected to eharp CROSS cxa,ni- |
nation by some OF the creditors VINO .yantcd to |
knoW. 1t WAS aaccrtained that the liabilities |
on account Of tho masterly tinancier.
ing Of Briggs and Lombard, were about S2t1 f11}
IND that the assets depended largely on the
amount that could be squeezed from them. Iom-
oafd 8 being IN bankruptcy diminished the nros-
oects. and they we're still further lesscued by
:nance1y suit instituted by Homer Cook, Lom-
ur1endored to the bank. Taking the vhoIe
nto account, the prospect for any larre fnrthcT
LEtuend was not 1atter1ng. At tue copclus;on
y y ,ne ~ meeting re Register declared dividend