, 1876-10-09
TILE RAILWAYS.

THE MICHIGAN CENTRAL.
4 stockholdct Of the Michigan Central Rail-
road writes long communication to the New
York Tribune, OF which the following arc the
| salient points;
des ne cali t1e attention Of your readers to on.
change for the better. where the conduct Of Tho
men tn ppwer las been lne1curable md hAgrant,
snd wnss wts; fss Gsa s y icy .9agn h
Central itailroad - liz whose ttock under proper
management woal! he II PARA lIne xho.e 8, 6co
sndwhose property has been the treasury from
which anall nunlbcf q men have hn,a'scd great
of theit due. OILY few years .go lit, Company
was paying regular dtydcids The stock .gns abosc
| mr. aud very iltt'c OF It wa1 10 Tho Market All
dividends hare ceaaeh. and tho price Of tho stock
1 has fallen to 40 Or under. What is the eauso OF
this great ehange' 7 Il ret fl to aeek. Turn 10
| 1916, and the rock on which tho fortunes pf the
htel,!ean Central have been shattered Is before
ss,ics g. i% e Sf !. tSet,ss'5G" &c sSun.
liz a1noua. eovsrs i difgraeeiui record Of mis-.
holdcis. ''''''' '''~'' ~ ~ ''''@ ~ '''~>
soekhoders IA per Cent il dvidend:!. didd! ria Since thas
sase Sraet as M fesso =.
esors scn sa,s% the hsngsa Gsn's m aosd
Michigan Central Is an old.cs.ablsshea road. very
| tasorably altuated for doing lucrative business.
S Vii, eessiany ss inesesse fsnS f@asness 81
ss'' ssy ,1as III a1s ne. vii L Gs &c pa hsy h s s
Of tG unts Sa;s, fo {eaf From
PROMISE, II the Stockholders win Join IN protesting
against tho policy which haa dcpresscd the Talue OF
central .ha Be- i nanagesi 10 % The iy nte1est
OF Michigan Central. and not IN the 1netest Of the
lcarea lines, which ars parasites upon the prince,
Tia. III lily may swell tbe rchcs u eetan aithess
officials The money belonging 70 the stock.lold-
On these worthless roads which have been saddlca
upon The Michigan Genital,
Anothsr hn tf .tosko'9es havs The ht
order that the Investors may be as fully informed
q essh %eeI Jaa pu5sbsss and
monthly statements Of receipts and expenses
es ss t r. bs re patdT T Be-
but this i b, % means all thai tho Michigan
GERS. They have the right to know II the late Pres
H. Lss nhs snsany .oaa
Wa net the acceptance OF carving out of any such
~ n extremely
!hey SHOULD aem,Ma ttat rates ls ra.sd to pay:
| I'M U11lH. '4HE N1CnltRn CrHlCnl tuuhI NlkHuFHW
should be held rsfsona!y responsible rs Trustees
III 5sr,y y Xsss On Z Central should
forcc upon thu attention Of the managers Of that
Company tho fact that lhcy thoroughly aroused;
and and vii Wiz not M allow hcnsc1cs @ 10 be ia mposed spo
any onser: Tey shou, =, M dcsIs The a9o.siom Mho
a a Peaon snS S M Joy m aaso
cIntcs bear 10 them: lid hctreat himself p.es:
dunL attorney. Trustee orpropztcsor when be cnsed
contToiledf Would i not b. printable fos the he
Rtockhulders Of the Michigan Central railroad to
The So set M hs's
they brought to bear 70 have the leases perfected;
who Of tho Comranys officers adr!Aed and nude
Interested tn the leased roads befere the 1eaaca
!Ierc rsaae7 u tasse charges or Implications be
and. il necessary. apply The rcneaica which arc
| certainly to be abtainel from the courtss
The Springfield {atass.) Republican Of tho "a
1.us the Following to say IN regard to the trouble
OF the Michigan Central Railroad:
| Since tho retirement Of tho Sears Building or
Boston management from the Michigan Central
resiTe at Ii eontinucd M tho fnes &
lnletet ias pctittoncl ths 'roctors % amend tler
board tho leasos contracted by Mr. Joy and hls as
foc!atca. Under thete lenses considerable Quan-
tnagantcedby ihe Michigan Central, aud. NJ such,
| rascsly sought as TIL Investment throughout New
| Enginnd. fhc road y sald to lo;e 3i,ov1, GOO =
fraud IN the making 81 thom:. Wo hare taken tic
Central. potls ni itsci anG u to these lca.e lines
t7aaaeial CATonfcie. 1t LAT follows:
@s1ssn ossas sses'a' sinking iaa
r1sst 3nG51EaTs; tt n3s
HIr:I{ae msrtSsEs::: sEs :::::.::::":::. isSt1,