The New York herald., 1874-07-22

when they chose TO do so they were aggressors, as
an Injunction restrained them Mr.. Pratt also took
occasion to deny the statement made by
certain gentleman that the New Jersey Mid
land and Montclar Railway companies bad
furnished majority OF the funds for completing
the Hudson Connecting Road; on the contrary ne
maintained that the HUDSON Connecting Road was
the creditor OF the Montciarr Company for a large
sun. de did not apprehend any legal dif1cuities
whatever because OF the course ne had pursued.
He was only actuated by an honest motive 10 pro-
tect the rights and interests oil his own company.
All he wanted was the Montcair Company TO
recognize the rights OF the Hudson Connecting
Road, pay the company for the use OF IT, and this
much he should insist upon. He further stated
that the second mortgage bondhoiders, who con-
trolled the Montclair Railway, appeared 10 be
doing their work IN utter disregard OF individual
and corporate rights. He thought Mr.. Hewitt
might as well be made King If he can DEFY the laws
Of the New Jersey Legislature ana the orders OF the
Chancellor OF that State.
MR.. HEWITT TAKES EXCEPTIONS.
Having given the pubic the beneht oil Mr.. Pratts
statement relating 10 the troubles OF the Mont
clair Railway a representative of tne HERALD was
dispatched to interview Mr. A., :. levitt, receiver
me New York and Oswego Midland Company. III
order 10 ascertain his views. MIR. Hewitt was
somewhat exercised about the course Mr. Pratt
had pursued IN destroying the track oil the con
Meeting Ink OF the road, and characterized the
work as unlawlul lie wished IL understood that
lie had no personal interest whatever in The stock
or bonds OF the Montclalr Railroad Company, but
was acting solely rs trustee Tor the mortgage
bondhoiters. He originally came into possession
OF the Montclair road as receiver OF the New York
and Oswego Midland Railroad, which company
held IT under lease, and he continued to run 1t as
by Messrs. Pratt Spauldmg last March. He
then abandoned the road receiver,
but took possession OF It trustee OF
the bondholders under provision OF the nrst and
second mortgages. since That time he had en-
deavored to reopen the road Tor the general good
oil the public. and because the road was less liable
10 deterlorate IN value than when standing idle.
SO far rom expecting to realze any income LOT
the oondholders rom It's operation, Mr: Hewitt
maintained ana told the stockholders that the
road in It's present condition could only be oper-
ated al loss, against which the bOndnoiders had,
to moderate extent, subscribed fund to meet.
Mr.. He Will says he did not apply to Mr.. Pratt tor
permission TO reopen the road, because he was ad-
vised by his counsel not to Go So thai the mlnnc-
ion dd not apply TO lnm as trustee; ana so TAR as
the Hudson CONNECTING Road was concerned, of
which Mr.. Pratt claims to be President, he was
already IN possession Of as receiver oi the New
YORK and 0swego Midland Railroad, possession
winch mad never been surrendered TO Mi. Pratt or
any one else. In conclusion, Mr. Hewitt said II
Mr. Pratt thinks that the trustee of the MOnrclalr
Railroad has right TO run over the Hudson con-
nectlng line his proper course would nave been
to apply TO the Chancellor Tor an injunction TO re-
rails Mr. Pratt had committed an outrage on pub
lie rights, and IN the opinion OF counsel rendered
himself liable to Indictment for felony under the
statute. Mr.. Hewitt desired it to be clearly un-
derstood that this was no personal squabble or
quarrel between rival sets OF SPECTATORS. 1t was
simply an attempt on his part to assert the rights
OF DondhVders who have invested their money in
good aith, and to secure the pubic the advantages
which they had right to expect when the
Legislature conferred the right OF eminent
DOMAIN for the construction OF the Mont
clair Railway. Mr.. Hewitt thinks the case
is serious one, and says it has been nut in the
hands OF Mr.. Cortland Parker, counse. OF the
trustees who will take the necessary steps to vim
dicate the law He also stated that The citizens OF
New Jersey who reside along the lne OF the road
are highly indignant at the course OF Mr.. Pratt.
whom they are disposed to think has clearly
usurped his rights and trampied upon those OF the
people. In the meantime MI. Pratt IS calm, and
says that he Is conscious Of having done his duty
and violated no law, and therefore has no dispOsl-
ton to undo what he ordered DONE unless the road,
choosing to run over the Hudson connecting line.
shall the business OF coming forward and fairy
compensatng his company for the use OF the latter
road. he does not believe IN leasing 1t out i0r
nothing.
AN INDIGNATION MEETING.
An Indignation meeting has been called at
Jacobus Hall, IN Montcair, at eight O'Clock p. NJ.
this evening, to resent the outrages upon the
rights of the travelling pubic in tearing up tracks
on our great pubic thorOughiares general
attendance Is requested