, 1874-12-16

STEALING A RAILROAD.
pEITEn1TY OF 4 CHIEF JusTlcE OF LOUISIANA.
Tie United States Supreme Court recently de-
cided case. that Of Horny II. Jackaon and
others Va. tho Vicksburg, shreveport d Texas
natlroad Company, Judge Ludellng, OF Louisi-
ana. aud othors which involved practically tue
tleft Of \ whole railroad. The case was begun
In The Unitod States Circuit Court Of L ouiaauR
to 3at asitlo
CERTAIN snER1rF's SALE
and tho con1plasnnuts More holders OF GO out of
7G1 bonds of II 900 eacl issued By the Rai1road
Company, and secured by mortgage upon tho
railroad and ito appurtonaucas, and upon tue
franchiHes and personal effects Of the Company,
together with more than 10000 acres Of land.
Tho sale which compluinants askod to tlayo sct
aaldo was malo Under an s1-par:e orier,, OBJ
tanned from Judge IN chambers on the Esd day
Of Docember, 1866, at tho auit Of Gordon, who
descrlsad himsaH as tho owner Of four Of tue
mortgage bonds, upon which iutorost-coupona
amountlpg to 572O weEo duo aud rc1naiupd I'M
pald Gordou's petition made 10 disclosure Of
tile name OF auy other holder Of bonds secured
by the mortgage. 0steusiDly he sued for him.
sell nloae. He asked for no not,ce. nnl none
was given, Of his nr pcntlon to any other bond
lug. held prsncioa!ly In eshos st tes. Tho or,ier
Of selzu! Q was granted by the Judge On tho Gid
day Of December, 1855, but 1t WAS mt iiioi. 10
ile Clerks Chico till Saturday, the 3Uth OF fi,at
month, laso IN the afternoon, AMI on that day
tho shetir made o seizure mud served a uotice
thereof uYon II. n. Dry. WHO wns then act.
ing as tia President Of tho corporation,
and who, subsequently became ono
OF tho purchasers at tie salo. On the "a OF Jan-
uary, 1866, the Sheriff advertised tho property
for snlo in ono newspaper published in tie Town
Of Monroe, a1.d bJ posting cooy OF the ajyer-
tiHo1nect on tho church door and another at tho
door of his Office. Tho sale was to take rlace,
undos this mortgage, tho frat Saturday in Fob
consisting Of wol-BtocEod road 100 miles long,
and tie usual appliances, could not be aold tor
less thau
Two-TH1nps or 1Ts Appraised VALUE.
In pursuance Of the sciome. therefore, ap-
praiHels wero summoned to meet on Ftb 8. the
appointed by Gordon and Brs, both Of whom
sero purchasers ut the sale. Obviously it wss
Impossible for the po1sons appointed to maha
any fair appralsotnons at that timo. Yet thcy ro-
ported one OF all tho property at s75 900 iu legal
tondor notes. aud tho salo proceeded. From tho
Sheriff return rs frat lnade, drawn up by John
Il. Ludellug, ,tG or1on's attorney, md one Of tho
purchasers. tho Sheriff exacted m illegal and
oncrous condition; which waa that tho purchaser
should .pay caah to ray The interest coupons thou
due, NTH crcdit to lnest tho immature interest
and botds, and should givo bonds with peBonal
security, for The credit portion OF tho bid. At
tho ffrEt crv the ,,rnncrtv rrsu str,,ck otY ~
Georra H. i{rannor K r. ror a55o n nm. hut nj bn.
comso Inv foiiod ~ NV - nrcs H., ,,.aroet
onons ten ;n.s 49,, JHiH io nrw
mc1a alv at IN tha nranort ota,, ~ i, b,e and
no anI ad;ur,,n1 + " innn asA - ndni;n,, "If4 ~
III. DrY, Jamos u, Horne, and others. tho said
John 4. L,sdoling having bid in tue property tor
them for tho el,m Of $4,000, aud thoy haying
complied with tho telms Ut aale ty paving tho
proportional amounts Of the Heyoral coupons
due, which wco prctented for ra, ment. to Wit,
Bl0, 799.SS to William II. Gordon, John r.
Ludong, and James U. Horns, the holders Of
lb4 bonds, and TO L. P. Stubba, &8l0.G8 beiug
Tho amount s Que on the 10 presented Tor
an7s aflosward he made deed to tho pur-
chaHora.
concocted By Judge Ludolug and his friends to
get poasesBion Of tho road previous to tha Hale
"aa tass. AAueltnE perbuhdad damon +. Horne.