, 1874-11-16

cent DIRECTORS, and Managers Of tho NaIlrond
Comrany frandulently aold 1000 bonds. will,
coupons attaohcd. 10 parttoA rosldlpB In Donlon
and elsewhere. at 70 centb on tho dollar; That tho
President. Direotora, and Company frautluf0ntly
combined With tho purchasers at tho l. 900 honda
transferred to purchaao n large amount Of tho
caP'tal stock Of the Company, comprising o
large majority Of tho old capital stock. Which tho
Company, by It's chartcr wRB authorized to tssne.
aiId vas 40 issued, transferred to-, and accepted
ny. tue purchasers of tho 200 bontis for tho
ngomone Of tho road to such purchasers, aud to
take tho road management ont Of tie hands or
tho stockholders. who havo honostly, subsorhed
mud paid for their capital stock and for further
Of the 1000 bonds aod at reduced price to oon-
troll thu ronl}, b,Binoss, nnl earnings OF tho
Company, 10 is to favor their bonds, give them
selvos The proferenoo aud advantage over tho 800
tic dollar that Tie Railroad Company executed to
George Tyson, Henry g. Russell, and John A.
Durnham third mortgage, dcpominated By
thom as "equipnent mortgage" to secure BOO
bonds. with coupons attached, bcartng 3 por cont
interest per annnln. 3l5 Of which said Board Of
Directors sold TO themselves and confoderatos at
% contH OH tue dollar, amounting to q 6im III
cash OF S1o0. 900; that they. fraudulont1y oon-
bncd among themselves and confoderateB. who
were part Of thotr own number, or Interested
with them III tho arrangement in tho investment
Of tile loan; that tho Trustees In tho mortgage
named fraudnlontlY took the $500 aud
purchased rolling stock aud eqnipmonts for tue
road instead Of taking titio in the name OF aaid
conscnt Of tho olticers and Directors. took ttlo
to tho rolling stock in their own names, calling
1t tho hlunclo transportation Company, cot-
pofs,tson or pretended Dc corporation claiming to
and equipnaonte, which protondod corporation,
with fraudulent intent, but without any right
whatever, yet with tho eonnivanco Of tho Ds-
roctols and officers Of said Company, have mark-
nj n1 1Qn}a 1js.s+ foHtr ~ nnii
their pretended corporate uatne, ~ tbo Munc1o
transportation Company that tho rolling stock
nnd ~ oauipmonts NJ, wero x,,IpsaS purchased ny
tS t esy Of Of the aid psIos company ANY
tisle 80 taken In tho nnmo Of Tho, TruBteoa for
tho fraudulent purpose Of preventing asld stock
and equipments from becoming appurtenant to
said railroads. Tho Trustees Of snid confeder-
atcs claim to lease said rolling stock and equip
metts TO themselves. acting "a Directors and Of
acets OF the Company. for an Anrual rental
equal to s per cent on 345 bonds Of $1,000 each,
amounting to s27,6oo annually, being over 16
the confedorates to tho Company on tte bonds.
Tho rlaintl1 expressly charges the Directors
and officers with having fraudulently adopt
cd au Indirect mode In tho nsanagc-
mont Of said equipment 1oan.. The third mort
gage debt WAS solely to affect their purposes,
and first secure to thenseives tho payment OF
sRa *27 GOO ~ interest on tho 345 third~mortgaRo
bonaa. Tho second WAS to keep the title Of tho
rong-stock aud equipment In their own namos,
and conceal tbs title to the property 80 10 to on.
sbla theEa to use 1t aa security to protect the
third. mortgage bonds and enablo them to soil
aud dispose OF the property, and pay themselves
tho sum Of $345, 900 ats por cent intereat for
the 800, 900; and that they are now, aud havo
moYal OF the rolling-stock and equipments from
the railroad, and to dispose Of tho
same :os thoir own uue, to apply lie
proceeds to tho liquidation OF the 345
bonds and interest thereon. Plaintiff
4 Temporary rcst1 aiming ordor upon tho institu-
tion Of sl1ls suit Unless such Restraining ordor
ho issued, be fears tho pretended Muncie Traua-
portatlon Company 's Trustees III the equipment
mortgage, adol BY the Directors and officers aud
the State Of Indiana, out Of tho Jurisdiction OF
the Court. ai said rolling-stock OF the railroad,
and that they will soil or dispose Of their prop
erty TO iunocont purchasers. and he lost to said
William Dwight, sworn. says he is the author
ICED agent of tho plaintiT. Simon Rintlakopf.
and ID duly empowered by him to conduct the
enit. Tho appointment OF Receivers will be do
cidcd at 1sichmond ue1t Tuesday. when the OIL
GERS Of tia road will mike desperate fight to
regain control Of the road They arc represented
by CootnbB, Morris, and Bell, and tho bond
lholdcrs'by the Hon. L. III. Nindo. all OF Fort
Wayne.
BALTIMORE oH1o-rEA1as 70 oouMEscE num-
MING TO CHICAGO TO-DAY.
BALTIMORE, Nov. 15.-Tho Chicago extension
of the Baltimore II Ohio Railroad having been
completed, regular trains between Chicago and
Baltimore will commence running Nov. 1G
MEM NAnnoW-oAuuE noAn.
:. Snc;tat Dispatch 10 1ho CHICAGO Tribune.
SES1A, O.. Nov. ia part of tho Committee
sTho Lott hero TnoAday morning to inspect the
route Of the proposed narrow- gauge rat1soad
port, and state that tho prospects are lattoring
oil along the lue.