, 1874-03-10
SPRINGFIELD.
Proceedings Of the Illinois Legisla-
turo Yesterday.
Bills introduced to Regulate what Is
Left Of The Railroads.
Companies to Haul Cars at Fixed Rates
of Compensation.
The Watering Of Stocks to 8e
Prohibited.
Bishop Foley Allowed to Remain
IL Corporation Solc.
Tenor Of a. New Burnt Records Bill
introduced in the Senate.
Revision Of tho Statutes-.-Cost Of The
Work.
The Watering Of Stocks to 30
Prohibited.
Bishop Foley Allowed to Remain
IL Corporation SO1c.
Tenor Of a. New Burnt Records Dill
introduced in the Senate.
Revision Of .tho Statutcs..-Cost Of the
Work.
RAILROAD LEGISLATION.
Spcciat Dis)dtch to The Chicaao Tribune.

4 CAlt-f1AUtlNtl HILL.
bpntNar1ELp, ILL.,, March 0.-Tho Ea1lroaa
Committee reported to tho House q now bill
"ror a1 net to provont cxtortions ana unjust
lscriminations.' III the ratios charged by rairoads
for tho transportation Of freight carB OIL rail-
roads In this State, aud to punish tho same, anl
prescribe mode Of procedure md rtoa Of avl-
dence III relation thoroLo, and to encourage conl-
petition in froighting.".
SEQ. provides that railroads II A,,al1
transport cars. whether empty or loaded,
aud whether owned by othor rait-
road corporationH, by transportation
companies, or by individuals without dlbcrinlina-
ton in charges tho facilities provided for safo
and quick transit, provided tho cars are Of tho
same gauge as tho track in good ropair, and do
not carry moro than ton tons.
Sec. provides for returning tho empty cara.
sEo o. Such cars slt|l bo hauled NJ rates TINT nto
Just and lawful fur 1auE or transporting cnra te-
longing to tho ratlrUnd company; provided, such
rates ehall c approved in wrlting by tho <ailro AMI
Warehouse Colnmissione1s
Sec. 4. Seventy per cent Of tho groAs receipts
received for tho freight shall 10 to tile corpora
lion furnishing the roadway mud motive power,
and 80 per cont to tho proprietor Of the chr.
Sec. 3. Railrond companies tol'ing or charging;
by tho lsnilroad Commissioners, shall ln innd
from $500 for the first ollenHo, md III high as
$4,000 for continued ofrolises.
Sec. g. The Railroad Commissioners Hf1aA
mako schedules Tor cach roati III tho ntnto toc
hauling or transporting cars = oWnca by per-
song who du not own tle road. I!lo schedules
shall bo published for two weeks Ill Qhicaso
SCI. I. il Circuit Court decide tllo scllcdnles
to DO unjust and unreasonable. tho Court fhall
become Legislature OIL it's own hook. and fl3
and establish suchn schedule Of maximum ratos
NJ III the opinion Of tho Court bhali 20 lfst aiu
reasonable, sucl, schedules to DO binding and
conclusive for o1e ycar theroa1tor
Sec. 8. a company violating tho act f1Ve 1mcs
Bilnll forfeit its franchise aiid DO Hold. ...
Scc. U. Courts ahn!t give precedence TO cascs
under this net:
Sec. ~ Inns act allali not repeal or ahe31 any
law prohibiting unjust DISCRIMINATION, blG suall
be " cumulative thcreto."
WHERE TIE nILI4 COMES FROM.
Ilo bill is undcratood to nave oriElna'eu IN
Tho doh!ro OF somo gentlemen WHO nave chnt-
ter for . car-bniidlng company, anu ~leh 10 ulil-
lzo the cars When thoy aro b'1llt.
WATEn1aa sTocK.
Tho Nallroaa Comm!ttce alao lf'tsoaucoa n
Dill ior IN ACT IoEui1tils tne ihhutn VI 4a'4soau
stockH nnd bonds IL pro'lues; .,
scc, !; That no certificate !i 9L stock shall
bo iss1'cd for any caplsaliZcd earnings, or upon
tho baHis Of any appreciated 'nine OF the prop
orty or franchises, or 1n payment OF any dy-
idcnds upon shock tllerctoioro 1seued, or III
payment OF any contracts Tor constructing
or repairing, Or Tor any labor, matorlala
supplies g cara. or Tor my lands r1Ght Of way