New-York tribune., 1874-07-17
RAILROAD LITIGATlONS.
THE I-NlON PACIFIC RAILROAD.

THE UNION PACIFIC RAILROAD.
An INJUNCTION AGAINST THE CENTRAL BRANCH OF
THE UNION PACIFIC ASKED FOR-EX-SENAIOh
POMERoY BROUGHT To MIND.
An important suit came mp in the supreme
Court Chambers before Judge l. Srence yesterday anu
excited considerable attention Ihe SUIT is en'iiou
.Tredwel a. inst Pomeroy and Others, ana Is nolADle
as hsv,,, bcep that by which ex-senator Pomeroy
Gained the sobriquet Of "su1sity Pom The matter
cana mn on motion inJ ion and the appoint
mont Of rcever of the prOperT Of the Atehison and
Pixies Peak Railroad The facts. IS CLEANED from the
naDers show that In 1862 senator s. c. POmeroy OF Kan
sas and Willis Gaylor OF New-Y owned the franchise
OF the Central Branch Of the Uon Pacific Road, then
known as the AicLsOn and p ke's Peak Railroad Hav-
ins obtained an assignment from the Hannibal
and ST. joseph Railroad OF Missouri OF It's rights
vuder the PaclIc Railroad laws OF the United ates
which night consisted OF grants the United States
Of s6O1O)O bonds and large Land subsidies for 100
miles OF the road running fro the Missouri Rv er.
an association between them aud James Wadsworth.
Efhngham T. Nichols, Ralph NJ. POmeroy, william
Osborn, aud others formed and contract for the
building Of IJJ miles OF road ia the of William
Osborn was made, by which the Company agreed 20
give him al iis lana subsidy the bonds II should receiVe
from the Uacd States. the bonds Ae railroad was ltse
entitled 70 issue and all ts stock not otherwise disposed
or amounting than double the cost OF building
the road sreemeut followed between Osborn and the
contract te4atilne these copsrtneTs, P0meroy, Wads
worth. G1r.uIu Nichols & b, l-r- -eI n writing among
themselves mat each should De nYuni by the acts OF
majority ~ mt rest ana they appointed an eX
ecutve committee from their number. winch was 10 re-
taey cIll q. Osborn agreed 0 purchase on JOINT
behalf saabe LANDS jO DO laid sites Tor ma
fua! Ueucn AteftAe comp elton % the road IN ls6s
committee Ta, sent % Washington ID furtherance OF
scheme extend road ami receive further subsidies
o. anGs au. BONDS
Ii appears tnat Congress- in granting subsidy 10 the
road. limited t - 100 les. and tGe caims Of the
road have uuif rmy denied. Ttese Efforts Of the
road have pt back accounting between tAe EXecu-
tive CouMi.t-c aaI those I'D interest.
one OF them. samuel l. IIe.Vcii. seems 10 have be-
come impa.i. Ill, fog Ae sued los accounting anu
hence the present motion. Ilc pIHntL charges that
there large profits 0u t1e original contract
bu tl4, ta T. ,5.tive Committee have since been eX
peuung those profits eLlr. to procure further
Cla-Tcss.oa legislation in m1l 'IIlu. road and It's
credit Jy oIru- f t4r coupons ut The railroad bonds,
~ WI. ae cl,ns ls lI viola ION Ot MS rights a.
partner Inc contract to JI li Hn therefore asks
tu- partnership be wound up dud -ne AS Is dis
U,1uttd. aI tIst, meanwhile, tLe ueien1alts be re-
ien us.ag tue property, rN ep Tor diSrlDl-
ton. ana Goa. receiver CJIec5 @ Keep Jle assets ,lI
TIE nual dis .lhuuJn.
The answer says that this contract has no validity
anu that ONLY q form Uy which the directors con-
iI.cied trUISh Osborn with themselves % build the
rO4l. th4s tAs road was DILt Dy tIs Company, and
the prun, or tle contract may gEn.y 1e applied
20 lie general purposes ui tAe rti'J4I. u clson was
rvcU Ht Judge L Tr'l,e. o4l-c O. n uIl lUr Ar.
Ircdwc.f D4aic4 =. " alden Tor t-c .ct-ula4.s.