, 1876-03-14
Tho Committee will moot this afternoon It
o'clock 1t tho office Of Warren, Kooney h Co.,
No. i0a Washington atreot.

Tho Commttteo will moot this afternoon It 2
o'clock 1t tho Office of Warren, Keaney h Co.,
No. ioa Washington street.
NEW ORLEANS. ST. LOUIS oH,oAoo RAIL.
The appointment Of Mr.. ). D. Alexander rs
Receiver Of tho Now Orleans. St. Iouis, L CHI
cago Aatlroa1, whIcl, IL composed Of shc Miss!s'
elppl Central aud tho Now Orleans, Jackson h
Northern Railroadsis tho arst step towards ANAL
gsmatlng these rosls with The Illinois Central.
Tho inter road little ovet yaat ago advanced
to the New oflosos Toad tho sun Of 46, 000,00
luis money which becAIno dnn about throo
months s9o vaB t1ofaulted, and therefore Tho
Illinois Central appliod 10 Judge Wood Of Nor
or1cana to have The Trnstees nuder tho mort
gaSG o PLACED IL sAs Of tho Spst'y ho hs
a.ockholdcgs nna ! onlcors at tho Now
Orleans line, and finally \ compromiso
x's,.odsr xss ssssa Tstss uodo: d:Ts shs no.
mof.Eage, appointed al ltecclvnr. Mr. D. N.
Clarke, tho Chiof lin9ineer, and Mr.. ". X Ach-
erman, ...lo uerursl Auditor Of tho Illinois Con-
n tha Now f1 oresns s rosds pse9ona to paeipe .1o
90, GOO, 600 thereon. They found TINT tho road
was In tolerahy good condition, and that with
proper repairs md at economical md ennrGotlo
torest on = capttal Of e1G100,000.. There WAS
nlrpndy hrcfar1ed hct1mbta1,c0 Oh tho property
amounting to el0,0o0, oou. which, with tho
s8,o0o,0 900 advanced BY Tho Illinois Central,
1noat value p]acoI upon tie propcrty by the
oshor tncumboranco amounting 70 e5, COG. .00o, tho
largest putt Of which will undoubtedly be oes
to tho Investors as tho dobt can only bo lfqul-
dated after tho payment Of $4,000, QUO Of pro.
ferred stock nnd tho 60 600 TOO Illinois Central
mortgage. Thore il no other road TINT could
possibly mako tho lno paying Investment o.
fNx Nxk$ 1nJht 1tn
noiB Central officers, md thoro fl therefore every
probability that tho Illtnols Central Will bo tho
successful bidder when tie property Is so!t ut,-
dor the foreclosure psoeeeliogg. r. .he Illinois
doubtedly make It ono Of tho beat rosda In tho
country. Together With tho Chicsgo Branch OF
tho Illinois Ceutrnl. 1t forms almost M n!r-llho
from this city to Now Orleans aud =, thc !. man,
to bring tho two ctios, closer togotthcr
than thoy havo boon heretofore. The
changed aspect OF affnirs does not interfere with
the psoscnt a1rnngemones OF The tTo llnos nna
city aud Nov Orleans she Batna rs heretofore.
ATEMrnls, Tenn, March l8.-A suit has boon
died in tho United Stataa Circuit Court, District
Of West Tennessee sxi!iary e D,,I ~ o. of tho
alssippi by tho Illinois Central 1saflsoad Com
pany::; John Newcll, Of Chicago, ami James u.
Alexander, Of Now York, surviving Trlstoes.
sha sasssppl Gn1 ~ Genital & haros1 comp.ay nj n.y.
New Orleans, n jackson d Great North
ii. Louis 4 Chicago 1Iaiitoad aud Southern Kail.
road Association. This anti il brought to recov.
or s5 419,0o0 tho yaluo Of bonos, bolng part Of
S8, 600 600 worth Of bonds Issued by tho 1lissls-
sippi Contral Railroad Company, secured by
lion In the nature Of mortgage made by tho
Atfsaisappt Central Il Bouthorn Railroad Asso-
clatlon to said rorstall, NeVoll, and Alexander,
tlatod hlhy i. 1877, covering railroad franchises
and property, 1eal md personal, Of said MiaBs-
aipni Central IsailroM Company. Orators pray
that doed Of trust bo recognized and ostabltah-
cd; thht Ttustoos bc put into possession Of tho
railroad property, etocts, frAuchiscs privileges,
faculties, md rights and empowered to c1erciso
Tho same according to tho terms and conditions Of
tho tiood, aud tt1nt tho Trustees may bo allowed
the powers Of RocoiyerB, nnd have tho privilege
| to account before hfaator Of tho Court Tor ali
their acta 1nd doingh, and to Admtnlatcr to tho
| trusta tul1er direction OF tho courts.