, 1874-09-26
RAILROAD NEWS.

THE DETROIT MILWAUKEE.
The Detroit Il milwaukee, foreclosure suit waa
up ngain before tho United States Circuit Court,
at Detroit, Inst Wednesday. II camo up on tho
motion for tho appointment of Receiver, and
on the motion to show canso why thu petition Of
Arrn1lius Irytag for Btay Of proceedings to allow
other partcs to como in should not bo granted.
Answers to the petition OF Irving we're Glod both
by tho complainants aud defendants. Tho
answer Of complainants adlnita tho allegations
Of tho petition rs to the status Of tho petitioner
md tho giving of mortgages By tho Rhllroad
Company, but inBiats that tho mortgage Of April
"a, 1855, does include alt tho rol!ing-stook,
equipments. landu, buildings, ete., Bubso-
quontfy acquired, mud without which tho
road cannot be operated They also admit that
nono OF the Truateos live in tho 6tqto Of Mich
igan. and avoE TINT tho accoptancea wore signed
aa follo"a: Ledyard Aug. 28; McInnos, Aug
~; sibley, Sept. e. 1874; and TINT a1l woro 1ilod
On tho 18th September. Thoy further admit
tint tho Great Woatorn Railroad Company ia
largely interested In tho management Of Tho
Detroit d milwaukee,, and that said Great West
ern Company, their otlicors ngonts, solicitors,
md cou'ine! hayo long known that tho proceed
inEH now beGnn Wero contemplated md throat
enod. anu have not boon surprised, ind tint
NSh'ststA
by the solicitor Of tile Detroit Il milwaukee, to
tho appointment OF TruBteoa.
a petition WaH also presented by tie solicitors
for tho Detroit Il MilTauhco llgilfoad Com pauy.
utterly donyinE all the cllargos Of collusioI, Il
denies tAat it Intends to tako auy course. or to
consont 10 any course, In the pondlpg suit Which
will tona to the prejudice or Injury OF its coudl-
tons, eithor Becurad or unsecured,
Tho caso was continued Tor thirty dnys ly
mutual agreement, to give tho 1,tw Board Of
Directors OF the Great Western Hallway chance
to take sorao action In tho meantime to roloye
tho Detroit & Milwaukee from ita proaont on,-
bRrraBsuent..
A ,nooting Of that Board, to specially consider
Tho Bubtoot, has boon called for Oct. 10, md il
the action OF that meeting should ba favorable.
ttis proceeding shall bn dropped, H[nro the COM
plaiuantH only desired tho monoY duo thc,n,
TIE GREAT WESTERN.
A spocial dispatch from London to tho Toronto
Globe aays:
An adjourned speeial general meeting Of tla sare-
hoiers of tho Great Western s.!lway Way held Bs,,t D.
for te prross Of eesipH hoard Of Directors III
place IT tho old 1N2rd. who hid rchgnfd III
1satigation having bucn adopted by large majority 1t
tno .neuting held fortnight since.
A circular lat becn iEsl1i by tho Committee Of In.
yestIgaton aud a ro,lmi!too o! tIo Atockhot!usE
recommending tho following gentemun - me.ancra
II tllu now Doarl, ylx. TIN Right lion: Mr.. chdera
II, r, Cllarlnan; Idout.-Col. Gray narknorth,
aud Bayuour Clarke, Of ion1n Ja1ncs lold, Of 0a9.
row t. ". 01aculuie Ut Aanvleater; Jolin slit, oi
liverpool INT, the lIpn. ". atoMastar, of Toronto.
Ald ear Thomas Daklli, Chairman of tho OLD Heard,
who Occupied tic chair having breily atyertod to thu
proceedings OF Tho previous 'sceli!!gt called tF9n te
Chairman Of tho Investigating Con1lu!lteo to atrcEa
The lnoutinu. Mr., Macata then procee1e'l to duAll
the qualifications Of ho gontlan,an Of whom tho cona-