, 1874-06-04
u
More About tfes Northwestern B0nd-
hoc: RS Suit.
-
.
The .ApplitGG jon for an In
-. junction 10 be Heard
f Day.
Col. SCOTT Becomes President Of the
Pennsylvania Company.
The Vanderbilts Again Elected to
Control tho New York Central.
The Gilman, Springfield Sc Clinton
Squabblo Revived.
The Old Rock Island Management
Retained.
THE WISCONSIN LAW.

Retained,
THE WISCONSIN LAW,
OF THE NORTHWESTERN AUTHORS
TIES.
Tho suit instituted by tho bonlholders Of the:
Ohicago Northwestern Railway, torestrain tho
Company from accepting tLo terms and pro-.
visions Of tho act paasod at tho last seBHlon OF
tho Wisconsin Legislature, will como before
Judge Drummond, III tho United Statos
Circuit Court, ut N1ndlson, to-day. Al
similar bill will probably bo submittetf;
IN, tho nau,o Of tho stockholders.
Nosice OF such aotion was aorvod upon tho Direc-
tors Of tho Company. III Now York, somo woeks
tapy fe4 e'f' sne hearng 81 1n thu eass
Justice Of Illinois, won't to 1IadiBon youtcrday tos
argue tho caso for the bondholdera autl stoc1t-
missionors, aud tho Attorney General The
Hon. b. G. Coo Go1,erai Solicitor, will nppenr9
for tho Company, mud tho Hon. r. Scott Sloan.'
Of Madison for tho State. Several aflldavits will:
II. Smith, o1-vice-prosdent Of the Compauy.I
George L. Dunlap, former Goneral Manager,
aud john @. Gault, former General Snporintcnd-
ont, stating thoir bcllef from personal knowledge
could not under the now low earn sufficient to
ohiIgatlo'ns, A1laavitH Of ;,, liko tenor tenor
arc also nude by Albert Koop,]
Porllape tho most Significant one is that Of 1tr-
II. l.. Sykes, Jr., the Vico-presldont, Whosel
office is In Now York. Tllis a}iant stateB that.
hinge tho Threatened enforcement Of hostilo
legislation. from TINT cause mud no other. the
sccnritics Of tho Company have deprecated in
market valuo about hyo mud ouo-half millions OF
l0ilars, aud thia ahrinkago haB occurred whoni
other stocks, many Of WHICH wore noi-disldona.j
before tho panic. Wisconsin, railway securities
only arc Btudiously avoided, aud they nro dis
tinguished on tho Now York Exchange by tho
appollation Of Granger stochs."
ing tho endorsements Of tho law until ita validity
eau DO determined in tho highest tribunal. It is
not brought by tho Northwestern Company, aB
has becn Incorrectly statod, becauso Tint cor
s. itsolf Is pnlpable orror.: :nse
sin rs tue bill rccitcs. Noithor is It brought to
application of tho Attorney-Q Qonora. 1t has'
nothing to do with tho Inter case. It ia simply
m action on tho part OF tho hondholdors and
stockholdors in protection Of their individual
claims, and tho Company is party.-defendant
Commissioners
4 decision will not bo reached to-day. Tho
bills will doubtless bo submitted, exceptions
made thcroto, and 4 day sot for tho argument,
try will participate.
RAILROAD ELECTIONS.
TIE nooK ISLAND ROAD.
At tho annual moeting Of tho stockholders Of
tho Chicago. Rock island l. Pacific Railroad
Company, held yesterday morning at II o'clock,
ut the Office Of tue Company on Van Buren,
street, the following Directors woye ro.oleotod:
yonport, and Janes r. Cowiug, At tho msoting
Of tho Directors held Immediately after tho
meeting Of tho atockholdors, tho following Off
cers wore ro-elocted for tho ensuing year: j. F.
Z. u. Tows, Troasuror. Executive Committee.
]. r. Trnoy. ": L.. Scott, D. L. Allen, I. a.
Tows, and David Dowa. Tho annual report
whicl, was road by tho President is not yet ready
for tho proas, but will bo in day Or two.
Special Dispatch to 1hc Ckclgo Tribune.
TILE PENNSYLVANIA RAILROAD.
PHILADELPHIA, Juno 3.-A yory full meeting
Of the Hoard Of Directors Of the Pennsylvania
Offices in this city to-day, for tho purpose Of
oIectng a Bl,ccoBsor to tho luto j.. Z. Tlomaon.
Tho utmost harmony and unanitnity prevailed
throughout, md when Col. Tom Scott's namo
nomination for tha Office. The greatest conil-
deuce waB exproHBca In that gentlomens oxeou-
two abilities and Ills usefulness to the company.
eissto eIeetea Frst % yaerresaent and n0au ths
nlooting then adjourned without taking further
action. It is almost certain that a.. :. Qasaatt
Vice Presidency. 1t will bo remembered that
tus ticket waa mentioned in The TRIBUNE rs
that which would probably be elected.
NEW YORK CENTRAL.
ALBANY. Juno 3-Tho election for Directors Of
the Now York Central l. Hudson River Railroad
Company took place to-day. About $50, ,0oo,o0d
stock .was voted. The following ticket waa
elected, Diroctora1Gornolins Vanderbilt, Will
gustna schell, Earuuel +. Barger, Il. Henry Dar-
ter Joseph Harkor, Chauncey II. Depew, Horny
r. piorson, Waltor s. Church, Chester ". Cha
pin, George ]. Whitney, Rntl Jan,oa II. Marvin.
GILMAN, CLINTON SPRINGFIELD.
speci.i Dtspalci to Ihc CAicaao Tribune.
SPRINGFIELD, ILL.,, Juno 3.--At 0 meeting OF
tho stockholders Of the Gilman, Clinton d
Springfield Railroad, held l,oro, the old officers.
H. II. Molyln. President, nLd George N. Black,
Treasurer. Col Juhn Williams waB ro-oectetl q
Director. 4 resolution was passed directing tho
officers Of the company to vigorously defond tho
againnt tho officers OF tho Company. It Is OK
pcctod that the case vii! come up this week In
tho Mclean Circuit Court.
COLUMBUS, CHICAGO : INDIANA CENTRAL.
CoLuMnus, o.. Juno 3.-Tho stockholders of
tho Columbus, Chicago Il indiana Cy,.traE HAIL
road Company holtt meeting hero to-lay. aud
oloctoa y. L: Smith President. Gordon Noodle
socrotary @ ana Treasurer. T4e following per-
Adarion lsoin. ". II. Fosdick, ". Whitreglt,
]. II. Walter. q. Gumoil, anu r. Il. Fowler ct
Now York; J.: s. Thomas, Philadelphia; John =.
Newman, Indiana John Gardner, :Norwalk; J.
Smith, J. r. bartlett, 6. Dlought, and ". Jalno-
son, OF Columbus,
FORT WAYNE, AuNo'E CINCINNATI.
Fonr WAxSG' y; Ind int; June SwAt the annna
nnsl Railroad, hold IN thia city today, the fol-
lowing gontlemon wero elootou III Directors for