, 1877-09-28

rotaf ............. ............. .........1,G GB7
Tho Gould-Dfllon combination, while 1t will
have thirty miles tho advantage In distance,
will have
ron7r-Elanr HOURS rnH ADVANTAGE In
fnEiGMTLTiMK,
ont OF Omaha under twcnty.foiir hours, Of III
md out Of Chicago under twcutY-four hours.
But tic now llno Will take cars from tho Unom
Pacific ut kcarmcy, run direct to Hannibal Or
fotlr-traek roa.i fot New York and boston,.
Tie Wabash Hallway ia now In tho poul, and
Nov. ! tho Hannibal d Ut. doc, tho unly re-
Gould md Dillon, which completes tho pooi
1inc. Thu strife for mastery Of the Hannibal Il
~. Joe has bccn long and bitter one. Mr..
Nelson, Of Ncw York, when President tn lS775,
y. f. Carver, and Joseph Richardson outgen-
erale1 lin, mud, bJ forcing tbs stock dowu 10
lW{, frozs him ont. Last tprioE another
move was matle to get control OF tho
Manager Stevens called u meeting Of a minurity
Of The stockholders It an early hour In tic day,
mud voted hfnlsclf and Richardson Into power.
Now, however, Mcs6rs. Gould, Dillon, Ham
nond, Morse, l1cn1crshutt, Ct at. hays ttrcc-
fourths Of the stock, and, having giycu the no.
tlco required by tue bylaws, will, Nov. 4.
promptly rcorga,ltzc mud reconstruct tho Com
pany. And 1t Is high timc. Tho Hannibal Il
Ut. Joe is ono Of tho most yalaabls east aud
west roads IN tho Southwest, but its manoge-
mcnt II Is a1cgct! has ctllslnatctl today In
utter poverty. hcinR compelled to. borrow
engines and coaches from tho Chicago, Buslng-
ton d Quincy Company to fulfill liz mail CON
roads the State Of Missouri giving tt i.n,icnso
tracts of land, aud also Ioauing It tho bonds Of
tho State. After awhElo it 1cfaultcd in tho
payment Of either rrincipal Or Interest. The
bae @ i teope' o mattel ateP0Si q 'btory 0sas thsi
Lamb and other otccrs OF the road vent into
tho lobby at Jefferson City and prevented d
foreclosure. About $20od,0o0 Ut these laua-
back to tho State.
In THIS EMERGENCY,
John r. Ackcr, Managing Director Of tho Ham
nil'a! y w. Joe, sought an opinion from Will
examining the matter. Mr. Eyarts decided tl,at
the COMPANY could not Eutan tic bonus. Gen.
Jatncs w. Singleton, Of Quincy. however,
maintained that tho cotnpany could hold and
Il i claimed, TO give Gsa. Singleton s50,WW ii
l!c would e,l,iirI the Coapant's title to tho
bonds. After tho usual litigation, tieu. sInglc-
ton won the rase. Before Ills fee was pnu
settlement with Richardson, he President, ths
lattcr lcn!ed nny knowledge of the transaction,
aud rspudlatel the justice of the clan.
Last Friday Zen. Singleton obtaincd
ul8EgEeh HAfFnHt Ill Lh0 QnllEu States l0lfk NJ
Springfield, and Baturluy the o!t1ecr lowed upon
Ail<i SIT out on si.te-track hero ono passenger
engine AMI SIX coarlcs. The Company gave no
seeurity. and ucu. Singleton will fofc0 1t into
court.
In regard to tho application for Receiver
inade by l.. W. Alotsv, aud to be heard III a
Missouri court Oct. I: iiendcrshott, pro1ni.
nent railway attorney OF New York City, Ia uaw
here. lie says tho eyllcnre IL all iu favor OF
Morse, and TINT II between now mud Oct. 1
Richardson and Stevens do not 1nake restitution
and withdraw from tho Cunpanyt Receiver will
certainly bs Appointed II lliellaslson and Sto.
vens realst, uould aud Dillon Will be present by
attorney. aud. ~ they are thu largest creditors,
wtllunloubtedy uaulo tho Keculyer, q IL custom.
ary. nut do not think 1t will W this far. The
only object sought to be ohtainrI IL to force thp
present management out Of the Company. The
New York NorA arttcla, just now going tho
rounds of the press, to tho effect tiIat the earn
Jugs hare INCREASED 2},uO0 over corresponding
period last year, Ii said to be i stock, ,jobbing
schene. unaeF cover Of whsch' ltiehkrlson and
hl4 friends Arc expected to unload. The Hau
nll,al l. Ut. Joa 10 sa!.l 10 be hopclcsslY In debt
with no human possibility Of extrtratlon nnlcst
1t goes tnto tho 'Goutd- Dillon EIat and Wesi
pool. Tbs rua.i owea tho Chicago, burlington
n Quincy over $75, ,0D0 for tolA on the Quincy
bridge.