, 1875-06-09


ErniS7rIHLD. ILL.,, juno 8.-Tho Gilman, Clin-
ton l. Springfield l.ailruad controversy aeSumad
now, at,d, to tho old noatd at Directors, au uu-
expected, rhasc today Tho snnnnl meeting for
tho election Of tho Dncc:orH wlone terms OK
pred this ycar wan 10 10 hold horo to-day, and
those parties representing the stock of the Mur-
gan Improvement Company and some lttle Of
tue local stock along tina line wcro on hand to
VOTE. Tho mcot,nu Nas called to order by the
preaidont, Mt. Melvin, md these wcro about 10
proceed to voto, when Henry Crawford. Esq, Of
GLteaso who has all aIaug tgnral NJ attorney tor
certa,n dissatisfied stockholders, appeared uEou
tho Bccne mud had M injunction, Issued by Judge
LAcoy. Of Logan Counts, served upou tho par
tics representing tho Morgan improvement
Company, restraining them from voting at the
election to be held to-day auV Of the SAID Morgan
Improvement stock. This stock amounted lu
the aggregate 10 1400 slarca or 81, ,43o,U 700. and
OF itself waH q majority OF oil the stock of tho
road. This mo,c Of Crawford had the effect 10
Put au end to tho election, though 1t IL
thought that m attempt may bc madc
to hsp1 the Injunction; but aB tho case 10 hps
set down to DO heard nntil tho 7sh VI July. prob
hlny nothing will pc dono until tho question Of
making Tho injnncs'on perpetual. Witch will
cone slp vi that umc. u dscided. TL!a afternoon
meeting of what wns ca led tho bois lido Vt .ck-
loldo!s Of sie rold representing 400 shares Of
stock out OF Gus shares actually iAhued waa held
1t the oliico OF l!o t;llnan, Ulutan i Springfield
Nhilzoad, md tho following Directoss woIo eiect-
cd. Juhu MrEunno. Of BAngan1on County;
Ttunlas sneI,, Of C!inton Michael Donahue. of
Cmt~n; L. II. palnlor, OF Cltntnn; james
u. htoat, q sangamon; y. L: pcidler Of Mt
ruask; II. Crawford. Of Chicago; 7. u.
Hpa'dms, Of d,bnon; ]. Il. ,RaudoIi, Of Do
Alur.h. of Dewitt Cnuntr. Subsequently Tho
D1recto.s nut md elected Thomas 6nell prcsi-
dent, 7. y. spald'ng tice~prcsiIons, aud A.
1Gs IL sai Il q 10 tho piamph Il the arause1s
living III tho Hue OF tho road. who contributed to
build il and now own majority Of thu bona lido
RtotK. THIS action, howeSet, does NOS Offset the
management Of tho road, which IL still controlled
by Ju!so Itp.on tllrouel Iia l.scolyer, i. i.
l!IAck!ey. 1hc bohr4 oi Directors =! ., however,
In the interest Of tlis rreneut management. Just
EAAl Tho o!i uoara Vt uilcutolA nil do laa not
u +Anp!ied.
THE plTTsauRo, c,NeInNATl 81. LOUIS
RAILROAD.
Court yesterday by Martin Andrews against tho
Plt,sbusg, Cincinnati h Ut, Lona na,ltoad Com
I'sny aud the 6toubeuviIls Il Indians lsalroad
Company, to recover about 800, 900 OF i,tc.est.
Au1rewH Baya that iu 1850 thu fattor Company
was oFRanzod, aud to uocuso their lssues of
bonds 1aale three mortgages. The road tld not
pay, aud It waa reconstructed III tho usual form.
Tho tArco Original mortgages weto chnceted, aad
two mortRaEes gwen insseau on tho same Erot,-
ORTIZ. The tlis1 aud aecond original u,ortgsgea
we're Included in tho now t!rah aud tho original
Huid mortgage, together with tha tio&tlux iu.
d..hsodnesh, wsa secuted by tho Us" scc-
oDd iucumbsaucs. 10 pay tho tntfrsst
gu tho 1gss and .ecossA ar,efnAl ses,es OF
bonds, one-hasf of tho stork WAS surrendsret,
aud tue Interest on tho th.d iYsue Of bonds aud
tie floating il debtCdpeha NAs 10 he cancelled
Andrews nHNaa SIN ,QQu Of tile old tA.u txsue
0f bonds. aud &lso lxd largo 4aouut Of elultuy
hghinss tho Company. the whule l,elng abuut
&.s75,eou. He howoYoE acceds4 10 tbs proposea
p!An except ~ to giving up tue Interest, auouus-
ihg to $sl.tbl.l5; lis, tAssstols. vent to Ion
bcutt aud y. Il. Ihou!son, Who we're tnRutpul&t.
tug tho wisos, aud succeeded III mating a., ar
rauRulnent by Shtcn they agEaad 10 giys him
stock IN tho new arrangement iu thu pl4os OF lla
claims Tor Interest," lie thoh went TO tbs oiIjco
GG Tie 6teulcnsie HUad Aud Hul reudrtau biz
teAds. caima, etc., iuclu1iug tha iu,x,est-
conpops. i" order 10 yet tho new stock.
Ha1ofe. h9wescE. tho cout1hct wAs carried out,
. telegram MS received from tbs preauEut, j,
T.. Is"ett, ssat!ng that the stock bad all boeu
taken aud tllAt Of coutHo nons could ba issued ia
au*us e1cept ~ 10 the leturcst betore lilo TO-
seipt OF tho te!eSzn1n. ltp WAN tben intosmet
Ihss nothing nlote could 10 deae, aud The luattel
~4s t4en dlopped.
subsequently,, Audsosa charger, tho Htaubao
vile ltoad wss consolidated n1th several othc
corporations into tie pittsburg. cincinnutl d
ht. A4ol!s Railroad Company. sul Ill iss p1opest
also given up. The cou,pIsinsat now ets,,u
shAt the consolidated road took the property .
tue Sisubenslle Noau SUP ecs to thu trust IL hi
fAEos, 70 give lin soias compensation fox h.