The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1877-10-20
RAILROAD RUCTION.

Hands Of ReceiveT-Excited Meet
ing OF Neutrality-suspicious. Dose
OF Harishern for the President-
Jay Gould Denounced as "the
Champion Thief Of America
NEW YORK, October lS-The stock
holders of the Hannibal and st. Joseph
railroad had an imprOmptu meeting this
afternoon, in view of the appointment OF
u receiver. The rooms were filled to sui
location by an angry and excited assem-
blage. Colonel ). EastOn, counsel tor the
road attempted 10 give IN explanation OF
the trouble, but dozen persons inter
rupted him, saying they did not want to
listen to paid lawyer, and calls were
made for President Richardson. That
gentleman began to state that he had en-
ployed rs counsel Ex Governor Hall. OF
Missouri, and Colonel Eston. MIR. De-
jonge stopped him with demand TO
know whether the company Is solvent or
not. Mr. Richardson answered that II IS.
There was then not dispute. 4 Mr..
HartshOrn said that Jay Gould had
been taking the stockholders money Tor
fifteen wears. Mr.. Richardson at this
became excited, and shouted: 81 ask no
fsvors of any of sou Col Eaton was
then allowed to explain matters He
said that the road is not in default OF u
single penny ior interest. The suit Is
simply blsck-msll scheme. Colonel
Eaton read dispatch just received from
Hannibal, Missouri, ssyirg that McWiI-
hams had been appointed Receiver, with
full power, and went on TO say that coun-
sci intend to appeal to the supreme
Court. now IN session. Heavy bonds
would have to be given-sl 100000
and President Richardson would have
to go on. Colonel Eaton WAS of the
opinion that the decision of the lower
Court would easily be reversed. AT sll
events, the Receiver could not take pos
session pe0diug the appeal.
A stockholder said that he had heard
that dispatch had been received by
President Richardson from Director Blsh-
op, advising him 10 get JAY Gould to 20
on MS bond. Mr. Richardson admitted
that this was so. The following were ap-
pointed committee TO advise with the
directors to get the road out Of the hands
of the receiver: w. p. Weld, w. l..
Bliss, l.. DejoDge, J. NJ Hsrtshorne,
julius Hallgarlin and w b. Leonard.
After much excitement, and in eXpia-
nation of the condition OF the road, Mr..
Harishorne offered the following resolu-
ton
Resolred, That IN the opinion of the
stoC kholders of the Hannibal ard st. DO
seph railroad their President, Joseph
Richardson, has shown bis inability TO
rrotect their Interests, and that therefore
we request hlm to resign rs President
and Director; and the Board OF Directors
are also requested to appoint President
until one l. elected at the regular meet
ing in November.
lie said he would subscribe $4,000 TO
pay what the road owed Mr.. Richardson
and $4,000 more to help the company
out of its troubles. He added: 81 own
1900 shares OF stock and 100000 Of
bonds, and l have lost 100000 DUNG
the last three weeks by rascslly manage
ment.'
The resolution was carried unanimous
lv. Mr.. Hartshorne waved his hat eX-
cItedlv. and shouted: by -, there's
some honest men left yet! jay Gould
can't rule the country
Another resolution was passed, order
ing the directors to take immediate steps
to appeal Mr.. Hart,horue wound up
the proceedings IN aspeech, IN whlc2 be
beratrd the ma-aLemeat and proclaimed
Jay Gouli the champion thief OF
America"
New YORK, October l9-The COM
mittee appointed by the stockholders OF
The Hannibal and st Joseph Company
tor the purpose OF the adjustment OF the
affairs OF the company, ne!G meeting
tonight and competed Arrangements for
getting possession OF all the securities OF
the company at present Outstanding as
coll4tersls or otherwise 1t WAS resolved
that the necessary steps should be taken
for the immediate removal OF the re-
ceiver. Tho committee reports the con.
dtion of the road satisfactory, and that
an early amicsble adjustment OF It's affairs
will take place
At meeting of the stockholders this
evening $4,000 was subscribed, which
will be rendered Frank Work to morrow
morning and return of the securities
requested. President Richardson ten
dered his resignation, and committee OF
five stockholders will leave here to-mor-
row evening for st. Louis to look alter
the Interests ofthe read. Mr.. Dowd has
in his possession 10000 proxies Of tue
10000 shares OF stock 10 be voted at the
November election for new Board, and
will 90 to Hannibal to cast the vote.