, 1874-01-02
RAILROADS..
Tho Gilman, Clinton & Springfield
Road in Court Again.
Petition Filed for the Discharge Of Re.
ceiver Hinck|ey.
| The Gilman, Clinton dc Springfield
| LitjEution..


Special Dispatch to 7Ae Chicago Tribune.
SPRINGFIELD. ILL.,, Jsa. 1.-The readers OF
THE TE1n1SE are nc doubt t1ed oi the contro-
vcrsy over tho Gilman. Clinton & Springfield
Railroad, hut. like Banquo's ghost, it will
not down, and to-day we are treated to auothe<
ecene. 1t seems that the sction Of the Director.
yesterday. which WAS telesraphed you, Was the
first etep in plan adopted to secu1e the re-
moval Of Mr. .Hinckley, tho Receiver, and restore
the roed into tile hands oi tbs Directors. Nr.
Hinck1ey was notified yesterday by John II. and
john Mayo Palmer :hat motion would ba made
OIL Friday, tho ID Of January, 1874, before
Judge Upton, Of Mclean County, asking his re-
mova!- The petition. on which the motion
will be based is as follows:
In, the Mclean Circuit Court Joseph T. Kcly sad
others, in Chauccry. vs.. -to Gilman, Clinton 4
Springfield Railroad Company and othe-s.
10 tie Ho,' 1non'as e. 1tDfo", Jea7t Of sud Court
Your petitioners, the Gilman, Clinton Springfield
Railroad Company, respectfully represent unto yoa-
Homer that At meeting Of the Directors Of th. said
Samuel II. Melvin, the President md one Of the 81.
rectors Of s:d ccrrora''on and George n Black,
Of :he Directors and john Williams. one Ct s.td Dr.
rtetor1, resigned their respective Offices, 1ad the
a!aiug Directors Of said corporation, authorized
by the eighth section OF charter Of said Company
The said sa!nue! g. Melvin, George y. Black. and John
Williams, h- e1c=::ug T7thy J. Carter, Benjamin F.
Fox and Henry 1agin Directors Of said corporation,
and the sail Directors then proceeded elac Timothy
j. Carter President md yo;r petitioner represents
Jour Homer that it iP. and will te greatly to III. insez
es: Of the stockholders aud all others interested IN tha
Receiver heretofore appointed II your Hcuor oo DIS
charged End thar the be restored the custody
M to M Hoeor ast hes he sid Io n
e. Ssassa9: ;:sss sSs
and good order, ead tkat in the hands Of tie Receiver
either frou want Of meacsor from Gtter car*",
8hc track las become unsafe that the sad Rece:T=r
,ac 72n public notice of the fact, and business IS
ri7eu from the road, End, your petitioner believes.
i..at 10 earnings for the month Of December are
tie read for III: Eoath preceding The appo:Eten: ct
tic Pc:ciTrr. Your petitioner further states :4s it is
MI roesib!c III :hs .JsdgIacat Of the te':.nfcEned
rezfons for any Receiver. howeve. capable honest
to operate aasd r':&road successfully sg.inss
tue !,owe5fu! eom1s:i:lon to wheh !:
preserve the conddencc Of lie pepIe Or tbs business
which your Ic.iicnec states e:i road had secured.
Your petitioner. in view Of I'll the facts Of tbs casr
FrlEcis E. HlnckleE, Receiver appointed by yo:r
Honor aud direct that he deliver to tic psoncr officers
and aents of yeuE Ee'iiensr u. the !:zops1y: IT,
.to1c7 bis hands and diret that he submit hts
counts TO you- Ioao7 fo- adjustment ard sl'owaacu
direct. tssnsd,
G1lx.s, CLINTON + srn1SoF1zD EA1.-EoAn,
Dy T. j.. CAa1ER 1Ies:dent.
luis petition ls supported N It'd nilegatlons bT
\ volume of atfidayi:s. The motion is to b.
argued tomorrow. aud it ia said aIr. H:nckley
VII! appear by counsel to resist
The TIC. as i: i'ncsfic Railway Con-
x1ruction Co17pzsny---2ropoAcd PlaM
for Obtaining an Extension OF lis
Indebtedness.
S;ee,at Nauateh to The ch'ea9n Tribune.
PHILADELPHIA, Pa, Jan. 1~-Ieaterday after
noon at al adjourned special meeting Of the
stockholders Of the California 4 Texas Railway
Construction Company, the following resolution
was adopted:
Rcso.rel, Tia. the Plan proposed h tho Directors
<cr obtaining u its jnt!-ttelless, AID
using tie money due fror: tie stockholders to cs'n
pese :ae Iarty finished portion Of tbs Texas Parie
nai!~ay be- and tho Is approved By this meeting,
aud the stockholders here resent an.i represented.
pledge themselves to the best OF their ability, ouG
recommend all other s:-rholder1 to pay the amount
due t1c:. original subscriptions to the capital stock
OF the Company.