New-York tribune., 1876-08-08
ANSWER BY GOV. TILDEN.
THE TERRE HAUTE RAILWAY TRANSAC-
TIONS.

| by EQUITY AND EVEN h'''
| DEN's LEGAL SERVICES.
In the suit in equity begun IN the United
States Circuit Court time ago, by tae 81 LOUIS Al
ton and Terre Hauto Railroad Company against Charles
Butler and Others In which Samuel j. Tilden Is one Oh
the defendants partial answer has been led Dy 'uso
| snnott OF counsel for Gov. Tiiden.
The conplaipt sets forth that Feb. Il, 1852 the
Trrre Haute and Alton Company and the BeieVe anu
UIlnosown Railroad Company were consolidated under
the title OF tho Terrc Haute. Alton and 81 LOUIS fa-
road Company Subsequently the new company became
and unable to pay the interest on ehe s
| own mortgages those OF the old companies After
some LITIGATION the road sold at auction for $500
OOO Samuel j. TGen, Charles Butler, RoD1rt baSaru'
Joseph Tuckerman, and John g. Richardson becoming
uurclasers and incorporators. The new company was
emrowered to assume the liabilities OF tie old company
ons mai settlements using for that purpose new issue
Of stock and bonds. meeting OF the company was helu
in this city on June 2s 1862 and the issue OF Slo4o
| 900 in stock and bonds ordered Mr. ilden as
counsel OFT the company recommending the resolution 10
| that effect.
| The complaint that in addition to this amount
tbe Purchasing Committee issued to themselves SOU
600 in common stock the issue OF which was never a
thorzcl by body. The report OF the receiver states
that the members of the committee in seitng the cais
had f in their hands s15i25o - Of the first mortgage
bonds sl3I 800 OF the preferred stock, and Sl3Oi5f II
in common stock issue of S4,oOoOoe Ihe report
Of the directors Jan. ], ls74, shows balance Oh
slIOAs3 - in addition to the alleged oyersSuc OF SOD
oOo above referred TO- Among the items in tile com
! plant ia tho Of $2oOoO alleged. TO haVo Oeeh
| charged By Gov. Tilden for legal services.
The answer Of the defendants admits the general state
mcn n. TO the consolidation OF the several companies
bur asserts that road purchased by them III thtr
personal and individual characters aud capacities ana
~, ,,,s for the bouduoIl,rs whose a.ruts they
- len ,,. other res1erts. nor as agents FOR inferior
! ,,. ,r ,o,l holders I'm the Old corpora,iOn whose
,,,., ,r.r, ,orscos,I by tlc decree of sale; OF
-, s, old coruoratiop with which they never had
' ~ = ~. -, - ,,.o ,,rcs,,,t cor,ora-
- -, -. s,,,..., ,,,.,tt,, tr,,,cbt iufo existence
..O''' ",II,, iu M, c,.e The answer de.
" -. ~, ,..,.l,,,. ., a. ,cnt. tonJ,
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~" ~ ~ -, =, ,, .,,.,,l,ir,p; In their uer.
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""' ''' 80, -, I'LL .lj.,-, lu,
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''' ,.,,i t, tIrh,. That they made
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/ S,''''"'.'i' d" WV W -, l..,..,.I, ,,t.
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! "'' "''''' '' -, ....,..., and. -,
/ Thereafter "'' N'' H','' -
! h"t"i'Ls'"I.''- '''' ~ WIN .''' ~ - :,
received hrSe r''''' 10 ~ ''''N's '"'o'"" -,
/ ton %! Ei''iP increase" ''. ~ ''. '' ,i
| mat lh' "l"'''" 10 "' '.,,, -, r' /
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/ f.''' ''Ili'''''' '' i''.' - .,,..
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! bana' Io br l''"'u ''' sum ''.''' ""'
, ihat iL' ''l"' 20 u'' '''''. '''
! t'N'd ''' uLt SUI" '''. "'' 90"
. i'''t Sl""'''' ''.' '.'' ''' ''''" co. . ~ " - -
/ -"h- - t""' "I.i''' 10 '''', "' .',' -.
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! ''''' " -. ..,. ,t. ,.... ,....,,. thai
! '''' - 'H'''' ....,. .,....5 -. .,.o IN
! '''" ''''' ''' ...t -, r..,.f .,,,.
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I '"'' '''i, " 80. -. ,y tb, ,,.l ,,,.. ti..,r
r 10, ,r,.,, ..i,,.,,fj,p f,r $500 900: that
,,,...,.,l. md iph h,,. .Iu,I o,,,i,it,pps 70
-, :. l. ,,,..,,t. ato-.slid of the bond.