, 1877-05-21
RAILROADS.
Mwfters Of Interest Regarding
Lines In Michigan and
Iowa.
ytcms from tho Forthcoming
Rock Island Annual
Report.
Tho Fight for the Future Control Of
tho Michigan Central.

F}fS|Ht tHH4EsQNHHeHCF u ans i f16NMk.
pErnolr, N!ch.. May 17.-Atl Of tho railroads
opcrstipg in this Stale arc organized under the
general Railroad taw except four, WIS.,: Tho
Dcttoit & Milwaukee,; tho Michigan Central. and
one Of Its branches known A thu Grand NIver VAL
ey; the Lake Shore / Michigan Southern. These
four lines arc operated under special charters.
Tho Detroit d Milwaukee corporation IL The pos
sessor through tho legal devices Of sandy fore.
e,osures. cancellations, elc.. OF the chartered
railroad Company, which VIA Incorporated by the
territorial LeEislatnfa In an act bearing date
Nu,ch 7. 1874. 1ts charter provides fof an aunual
sioek, 10 viii which i. coupled n s1enption airom %
81 md svsr9 = ~ ,h shsr: s: md e,nston
ee perpetual. and It does not eoatnn any provision
fosits own amendment or repeal.
e VIE q 's sae thpous Sosr y 81
terusl improvements, but In 1910 iundor act ia Of
that year the state sold tha road for 81, Co., QUO
oute a decd of sale and charter. In the sa,na
III Tot lhe Incarceration q the Granl Kiser Willy
;,esson to Grind tap!ds. il iesso to tl's 9 csntra o
anJ j. operntea ~ branch theraof. 10th thosc
se snsr wSn s %sy b 5r 81
treasury Of aa annual specific tag, which was in
(: Bus st btsa fsss e. so9spfs 4pa
Yesfs three -foItrths Of per cent upon eajd stocx
ind also upon all loans 10 the coripanet for con-
ttlucsion purposes, In both charters tho State
ii ,hstr actnai valuo after twenty year., and In
the Central the right hftef thirty yeArs to
rpeal. alter, or amend satd charter by two
thirds rote uf tue Legislature, with tho impottant
pro.iso That tho Company ''shali as compensated
By the State for all damagts sustained by ruason
.. such alteration, amendment, or rspeh1," II
Will be obsoryed TINT this thirty Jeasn limit was
ri. NiniuA,, s,,rf,,n.r r.,1,n.a ,-.. .,.x ..
1bt0 II was sold TO- private corporation for s1uO.
0G0 receiving . charter precisely similar In Its
terus 10 that 0f tho Centra1. Through variety
ofranstcss mud cnneol!dations this charter became
shore : Michigan Southern Hallway Company, and
kcoycrs wlnt ID known hs tho Uelroft, Adrian,
and Jackson branches Of That line, willis another
'.rcclal charter of like alG nnd terms tuttgnai5y
main lIMs IN this Stats stwccr, Toisjo snI Adtian.
The expiration uf tic thirty ycnrs limit In theEo
ebartess lat year cncouta2e1 the Granger element,
tStisht ratss ana injur'aas d'.erin'natio"s. 10
tloss special scbarter. ~ with ill., te sDs'' ali, In
Of compelling those corpo.atlon.s to rcorgu1-
ize under ths general Nnilsoad 'uw Of this siasa,
MED and ezsans!sely Signed. especially ia fs tho
turat countiee. The subject has attracted much
attention urlng tho Legislative .ess!on which IL
now drawing TO closc., and. while tho 14Iroad
onse 1lalIEoad Committee reported almost unanl-
nouely in tasor Of Tic abolition Of thu specta]
saaItcss hut the Representatives failotl to hlani
ey fhtir Committees. aud test yote the repeal.
two TO ono. Tho Legislature of 1877 will moi
materially change tho Railroad laws OF tho State.
HipNEr.