, 1875-08-26
THE.COURTS.
amended Till Flied by tho Wn-
bash Avenue lfcsfdGhts.
bw lea.ons Why They Think tho
Sr.ot.nailway Should Go.
init Asainst Another Marine nnnk Stock
holder..- bankruptcy Items.
Judgments and New Butts.
WABASH AVENUE STREET-RAlLWAY.
POINTS or THE AMENDED HILL.

WABASH AVENUE STREET ET-RA!LWAY.
POINTS or THE AMENDED Hill.
Bono seoke ago ". NJ. TiIdeu aud othors fled
q b;ll against tho Chicago City Hallway Company
10 entuiu 1t from laying or ua:ng trackH on
Nsbn.h nyouuo. Bumo additional faclB woro
subsequently fonna. Ahi fow daya ago All
smenicd I'LL was ile1, which presents opoin,s:
t,c first, as to The act Of tho General Assembiyin
fvrcc July l. 1874, which provides with reference
tohoi ae railways and dhmmes substantially that
10 coustns shall 10 granted by any municipal
corporation for laying said tracks on strocss IN
an incorporated village or city nnosa At least
len da,s' public not,co OF tho limo aad place Of
ptcseutng bath petihon RlAlt hsss been gwen
Ly publication i1 some newspaper pubiirlicd u
tAo ely When 0 tbs track Is to b0 laid. Ito hill
ayers tnatnO such uotIce having Gcen given, tho
Common Council ro.aetscd nD power az autssos-
isy 10 grant corsent to tho railway company 70
liy this track and. the coEstnt beng without tho
s,,llnsity uf Law. tno Act of laying tho track IN
Illegal.
Tho or'linAuco OF tho Council ado, tod Auv. lG,
1871, Defuto that tlmo tho i0us hoTs,.iniI.
EAys BY VI: ions acts Of tlo Legis1aturo o,ailned
Ibo largest kind Of privilege III and over tho
ltreosB OF Chcago. Tue Common Council and
:tikeua, In order to tIcct ticae ext. .asaEAnt
slams. tlrcatencd to rern,it rival rohlpantes to
nv racxa OH eomo stlfe.1 lhol occupied W
lLo hul.e-railuay companies. In ottcr T., hlihg
llout pu nadotstasl:!iuE Oil slieso matters, md
l1ctr sstllencnt and aliubtment, tho Coun-
eli. BY ordinance OF Nov. 1G, 1871.
fec.es al these rArions statutes, and, for tho OK
rress pu. p.su u t.otcct11E tho tHterents OF the
E.sJ Ut Chirnso. g. auts ~ pcrpotuity to tho
railway compsnleh thn .islt u uso tho atiaets
then occupied by thsnl, .nl Iecit2s tlat those
compsnicn are Nisrg 10 Eiso IN aud to sutfen-
der to tho CITY Of thIckgo any mud all T,eht to
cunRtr:ct or ,lae ans r1llwhy along Any portion
Of Wabash nycslno, or Of Lake street. and other
Il hItfn }ttf
cnan. unor their corporate seals with
tic City 1t Chicago 10 absolutely rofrain fur
all flme thereafter fiom constructing or uBlny
any iallnay alang tba couIas OF sait a!rects in-
Guiding WABASH avenue. Ihus It will be oh
selyrd. and i; te 10 asorEca in the blh. thst tho
co sIdorntion for this lcln1uihLmens by tho
sailsay compaalcs Of tile hight to iay their
tracks on Mahauh avenuo and other st1eols
ctr of tho privilege Of usipg tho aaeeta by
them thon uccul led. In urdor 10 perfeat
this ordinance, aud to compIcGe 1t as a coutrart,
tho Chicago City Railway Company, It q ueet-
lug Of its pEeetors held on tho 2ia. Of Norem-
bel. 1853, acco' ted that ordinance, ana did snr-
1enaSz 70 tho CITY ct Chicago auy saml all right
to construct tr uHO ATTY railway track nloug the
course OF any portion VI Aiatast nyenue Or Of
1sae street. and also eovcnputed under It's cor,
rOra!0 teal to absolutely rsfrain tOr nll time
tbstcaficr from constructing or ntfng anr rail-
wa7 along tho cou,eo at o.t1er of taid etreets
last named, or Michigan Asonne. Washington
btreet Aonroc, Adams, or West jackson street.
This accel,tance Ut thln agreutuent having boen
duly executed By tho Company, II la claimed BY
the etnatHlcd It'll that tito contract between tae
city And tbe Conn any hecAIuo perfected, bluasnk
Oh botL parties thereto.
Iba asuu.aniehtn to tho bill also aycr h,t this
arrangement WAS en- cred into and adop.ed ny
tho Common Council representing the CITY at,1
tho Clsy Railway Company fer tho bonetit sud
Ausanls go 0f tsIo rfadetI1H ani properly -owhe,s
On tho su ests from which BY said atdlllacce aud
I,o Gnii 1& bxA
clu Ied, aud that tho ordinance aud acceptance
thereof MAS not only valid MID binding col.
trncs between tho city aud tho l.a !way Company,
Int ts valid aud binding IN favor Of the reslent,
tnh prcpaitS-owhera Gil Ills liuo 0f haid at1efis,
fr whose protection All interests Tho ordinance
and agIeencnt wcro made, aud thnt uei her tbs
Common Cunncll nor tie halfway Cum
rAny have any lawful Fight nr authority
to cnapEo, alter. or repeal tho ordinance, or MI
nIl the agtotMcnt accei,tfus the tane, 30 as to
AFFECT Il impair ANY lhtolcBt thou existing, OF
which n'lslst thereafter 10 acquired in an1 prop
erty gu tho asei'uo.
The blu aIso ayers that since tho adoption Of
tits Gtu1na.Ics tllb c0fnnthh4utn in tho bHl har0
ruItlated or elccted reIi4sness Oh HabesI ave-
nue4 and improved the gIue, intending to o:c1l-
~ tlenl ~ permanent l!umes. anl tiat they did
10. tOnuencod III great rDeaauro by tho fac that
Under and bf hukhusItY Of esld ordinance
Aid iss acceptance tho railway CON, auy
WAS excluded tEJm tho ascnEo, anl that ta.t
gave rtoLoity much greater yaiua than 1t
would otherwise have rea.essGsl. AHI rendered
Il 1nucl moio desirable nnd ayal4tlo for rasi.
dence prororty ttan II no Id otherwise havo
bcep, and that they paid for this property In rutl-
70 lueuca Of thia guarantee htRlar prices thah
thoY would ttbarNlso have done. BY the laylug
donn Of q Q rAllNay track on tho avenue, aud
tho vocation It this agreement, tho value Of
tho Property owutd by tue cotnpIsinhnts
aud o.lsr residents md property-uwpcrs
M 0n "aba y afenuu IL laraoiv dapreaia I'd.
The cumpla1nanta aud other property.
osnern on taat avenue hare ac,luued by virtue
or the ordinance anu its acceptance ysBtcl ill.,
kerehts IN tho property 80 rntchascd owned, and
possesnsd BY tusn! wdtcl tho repeal OF the ot1i,-
nance Affects apd imcAlrs.
Ths legitimate aud lsgsl effect of tho ordinances
10 10 Constitute conts ket by which both tho city
aud Hallway Com; AnY ato bound Iu favor uf tho
residents on tAo tine Of tho avonMc 10 s1cluio,
fur the ps.tod Of t,nio natnnd In tho ortl,naucs
tho horAo la.lMay taeTstrom. II u beyouI iha
tas contract. OF impai1 t4a lights thAt AAys thus
Become vcatad.
Tho ILL., therefore, den,es tho right OF tho
Council to grant conacns AZ asainst Tho wfsll Of
any resident or psopeIty-owner OIL that avuut1e,
10 any railroad company to lay track thereon
OF we sud oporats . u Ask, sua for sAas reAaou
laaisth tiat ,le tack 10 laid ls ntLout legal
Antho'lt5; that It Il tho du , Of tho caursa to
Trstscs residents apd plopo:ty-oraefs Id tho en-.
1oYmens Of tho privileges OF which they have
h'come Eossetaod 6T viltne Of tfat ottlinauco,
aud 70 order that tho railway track bc san,ovcd
from la,lug ; Il aek tlaruon. All of xLtcA It ,s
ssoueflt to enforce by means Ut perpetual Iu-
Junction.
MISCELLANEOUS BUSINESS.
ANOTHER uNtucKr sroCKuoLuER.
The unfortunate depoators il tho savings de-
psstment Of tbs defunct Masino Company hAvs