, 1875-09-29

RAILROAD MEETING At LOUISVILLE
LoUlsTihLE, ky., Sept. 25.-At o meeting Of
tho ctizouH Of Louisville and tho Committee on
Railroads from both boards of tho Gouesal
Council of tho City. invited by the afayor to
,nopt tho Committees fronl Richmo,ld, w., aud
Lexington. KY, to confer upon tho comrle-
tion Of direct railroad connection between
Louisville by way Of Lexington, Ky., and lsich-
inond, Va, Bnd tiao.water, it waa resolved that
1t would bo wiHo aud desirable for the City Of
Louisville To eid by subscription Of 85oO.00o
In tho completion Of sc important !sno of in-
accommodation that = COMMITTEES Of Eve
shout! 10 appointed to carry ou. tho object Of
tho mectns.
The Committee met with Dr. II. E. Stamford,
and, nftnr Z confcrouce with tho Richmond nlsd
Lexington Commissioners aud q luil discussion
Of tho subject before thcn,, it was resolved that
the Commissioners heartily recommend tho
General Council nu1 citizens Of tho City OF
Louisville to subscribe a6ou, GOA to tho
Louisville 4 Elg Sandy RaiIroad Company,
for tho completion of the unfinished DIVISION of
tho railway bctweon Mount Sterling and tho
westorr terminus Of tho Chesapeake l. Ohio
RAiIroad, thus securing direct lns Of railway
from Louisv,llo to Richmond anl tho seaboard,
this subscription 10 bo conditional upon tho
subscription 'cr the saMo object Of $2OD.tu1
from Central kcotucky and 4BJ0, ,00U from tho
cst$ VI A4@AIAHAAs hAc45 wv tlthtAt 1IEt-
tory nid tho present stockholders Bllatl
tayo nxreoa to satisfactory terms for
transfer OF the control OF ths road to tho
neE subscribers u Nbove named, and when tho
Legislature Of Kentucky shall hnsa granted
al,cn amondmouts to tho prchont chnstor ~ tho
nav Rubscribera may soqa're.
The ALABAMA d CHATTANOOGA,
NEw ioEg, Sept. 2S.-A meeting Of tho crod-
ito1s OF the Alabamh d Chattanooga Railroad,
held yesterday, was presided over bY Charles L.
Frost. who stated that tho sum total required
from tho bondhoiders, to get possession Of tho
road from tho Trustees, including thu past-due
interest, was, ill round figures, <G0o. .1Gi.G7. II
tho creditors did not como to al understanding
sud oou,ply with tho torms which tho Irustooss
bid, bofur0 tho 1lth Of OCtobur, tho road must
be tosold 70 pay the legal Expenses. Mr,
Frost 19id, further, TINT ~ moro raacal1y
a ret t'an ~ The &C Govornor ef 49, Alabama % ssd his
had i,een wteckol its coal mines Ind boon sold
Tor atu,oBs nothing, and tn property 1ulnod, to
atarcn sat OF political acountlEols: commit
too Of three. consisting Of Chaslea l.. Frost.
to meet tho representatives, Of tho ilrst~nlortEaso
bondholderB, aud endeavor to eiIcct d ooul-
prnn,so. The moehng adjourned, subject 70
call Ut tho Chair.
THE ILLINOIS CENTRAL.
Tho Traffic Department Of tic Illinois Central
Railroad reports earnings for Auguat as fol-
Iowa:
1876 1871,
In Illinois, TOT N!cs. .sa0+ h3a8 tiT! II
In Iowa, 4ts1 inilaa- III, ,S3s1s lY, st0.
Total, l,1o9 m,lea .$a,l, ,3o94s s7l1,osa.os
THO Illinois earnings arc s71o por lille, tho
iowa earnings &355, the average iot tho wholo
road beiug Sbs7 per mile
:Il.o Land Department repoztafor August saloa
Of e35. ~ Aczes Of 1nnl fur II. GA.90. CASH col
1eosions On land contfactB amounted to 9ll.-