, 1877-11-19

NA1LhOADS.
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HANNIBAL d ST. JOE.
+s<'e f"rs H'ratd'
bal & st. joe Isai1rosd was considerably re-
lat,,lI,atc,1 Yesterday bv the uaytnrut vt s1,9l.
nm ,yhic,, nm, ho1 t,cc, .,,v,nrc1 t,v Iav f;ll
~ ,n"rt ,c scnte,nleF @ interest NJ = thc ~ ,oainr
debt. As sequence ot the stuyktoldetb' meet-
ing. which clcrtel board Of Directors a, 11a,,.
,,hn1 IN ,ho ~, Inst lin lot,ar s.fNty-co,nnr..
"'D1. ~ ". 'ss ''e e"1 ...,,esf
Dowd, William n. bliss, William u. Leonard,
Atyron I. Dustht james NJ. IlartelIornc. A. ".
Grccneaf. l[oracc Porter. Henry II, Ct,uk. md
1.f,,,. ,,,t,ar.arsbo,I ,,aott,,, lar. 1t,o.Jo,
Mt the otliecs Ut thu Company III lsroadway,
when Mr.. Willta.n Dowl wns elected President,
and Sir, William D. Leonard Vice.1'rcslcut.
A. t,,crr wcre i1Iyer,cnt v,rw. nu,l cIn.htr,r
~ With, ~ tt,ir ,,,,,,h,r ,-o,,,;,
interests - W ""'sn ., 'nc'r nuaoes aou"a
make the t'iost eligible Secretary, and the
J!srussion having created deadlock In the pro-
ccr,nps. hr rcsnluti,n, Tho election of Secretary
on,l r. .us,,rcr was irft oycr for sulscoueut
meeting Ihls tlIllcalsy HAVING becn ti1ed over
the Hoard co1ssutc rs to the best n'ld rnost ex.
pcdIttous means to re1casc their scclritlcs from
tho nosscs.ton If Nr. Fronk Work. who t,cl.l
.,e ne ora., - u. cnm',f mnt,, sha
tlcm III trust Us aeeht u "f' oo""1 'uh.'l 't'e
$iu0, 1000 was l!guilatel. Fears wcrc entertained
aud fecbly expressed ut thu meeting on Tues
tlay Tint SIr Work had his private Instructions
from Mr. tould to oIcr some eaptt,.s mud n,,-
~ iis, f,nnanv' mn, tna, uayt,,ct If liz ioa.,
With interest, would not be aeeeptcd Is q Nult.
ctnin, Of Mr. Gou]Ate hold upo,l tu securities VI
t,,s roasl. These fcars were, however, c1UuuI.
lass U as Mr, Frank Work rcspontlcd
nron,ntIy to thr Invitation TO bc present nj
lie adjourned injecting OF t!,u Drcviora
yesterday. Sir. work assured tho board of
d a no. svclet @ @lesens . ths % rroa ali u a1,d neycr
mi mi: that tic ,u,,1,cy was ADVANCED u, purely
mercantile considerations, u,,l with no ultcror
pbjcct IL, view, Tic was i,rn wiling and prs-
mil seIr rItrs upou thu pay1,ent Of Mr. (;ul,ld's
lnnn viii, intcr.st, it WIS ycry embarrassing,
h. said. nsI ycry acgrayating that plain a,.ti
ho,,cst business tra.lslrtIo,, coiniurled IN both
vcrso criticism aud rive Eise to runors Injurious
IA tin [ntercsts Of thu road, Mr, Works r.
marjss were received IN . kntrctl stir., au,i tic
nrcyailiuV feeling, as tnau!frstcd By both par
thcy were mutually rfl Of caclI other.
III. psin,nry ,.hj,rt OF tho n,c.t!uE Yesterday
wns ti,cn r1,ns.siI,,natetl without unnecessary
forn,alitlcs Gy tl,c paylncut OF $lGo.UJu 10 MI.
render by lin Of the sccrites ot tho r.,a CON-
sst,". II Il. ...s,inl in Third u,urtruvu bonds,
mi Srxj.UNl #, lind coI,tra,ts, iucsp boM,s
have but 4 ro1,,inaI value, as they wcre autl,or-
iyr,i Int mi Issued by the CpIptarv; they, III
iact, Wcre simply vouchers that hud no real
n,urkrtaItp yull,r.
IYcy," said Atr. Iiartshnruc, one Of tho t,rcs-
cnt Directvts, who was aIsu Uirertor ,lln!er
,,I s's1,tst Which, tx nuw ra,,ceic1 TEry would
t,nt hoiIavc m f,n ExrYIr,. t,itI1 this ,nta wns
i,ontIc,s r.,,,lu. We hayv Lot out Ut tlc tuils
ycry clcyc1ly We aro ali right now. FIJI. sall-