, 1877-01-16
They Complain that They Have Been
Euclred Out Of 1000 Shares In
the Concern.
LAWS B. Brasher Files u Creditors Bill
Against Fernando Jones and His
Bilent Partners.
aeaTy Verdict against tho City in
tbs Dearborn-5troet Exten-
sion Matter.
The Globe Insurance Company FL
nally Declared to Be
Bankrupt.
CHICAGO.

EuICAtO.
TIN CHICAGO i 4lACtrIc RAILROAD COMPANY,
Tie afra[rs Of the Chicago l. Pacific 1sailroad
COMPANY have hcen III falling condition for
ycnr past. nnd have been made sti1lwosfc By tho
financial embarrassment Of Thomas ). Dos'l,ns,
it's principal founder, as he may be cal1c.l.
Yesterday It's troubles culm[natci In bill fctl
against Il to forcrloso mortgage for s. coo 900
on all its property. Tho con1pfainnnts arc John
I. Blair, Of BlaIIstown, N. j., tho Lackawanna
Iron g. Coal Company, tho Delaware, Lackn-
wanna IL Westcrn 1sa1lroad Company, and
Robert Dayarl, of Bergen, N. j., ON their own
behalf and on behalf of oil other bondholdcrs
who may choose to Join. ..-.-
The road ,ras originally constructed in 1865
unler tho namc Of the Atlantic Il racif1c Rail-
road Company, for tho purpose Of operating a
sallro11 from the line between the States Of
Inllana and 1lltsiols At point In Cook County,
illinois, to DO thereafter selected, " tho way of
the City Of Chicago TO tho mississippi River, ut
nny point at or north OF tho City OF Savannah,
to be thereafter located. Subsequently the
1lamc of the Company was changed to tho CHI
:ago d Pacific Isailrpntl Company, md It was
authorized by Its charter to borrow money
To an amount not exceeding its capital
stock to construct lis road. The capital stock
was originally g. o0o, 900, but was afterwards In.
creased to &4,000,o0O. In October, 1872, tho
Company executed a tnortgageto 10 the Ncw York
State Loan and Trtlst Company to secure an n. H.
bo',ds % wcro a payable Oct. /. isS3 The mort
Eagc covered tic whole roal ~ 1t then was or
on ,nsIeatcs rs be ah om M Gss9S s, t" IL
cngth, together With al It's rights, franehlses'
F se oily 49, Eos SSSSs "a ier = sss ss ss1s t.
! sued. - -.-
In November. 1874, It being deemed neccs.
iary, another mortsuEe To secure these 1000
kotlt1s was given Un nll the property the COM
fany t',en owncs os might thereafter acquire;
ind It WIS agreed t'.a. no morc boH.ls fI1.'ld
/ lr lssucd. Thu 1ackawanRA Iron ana Coal
! Company holds Isl of these tlrst.tnasgaEc
J lols ns collateral security Tor tue paynsmt r , g q
/ natu BY tilr Haircut Company. The, Della
4 varc, 1.ackawan,,a Il 1Ncstcrn l.a[1roa.l Com
4 eany l,ol.ls fty-hyc rs-t'lortgnge hon1s, given
4 !o Fccliro three notes fur $A,3'aG' John !.
7: GiaIr ownA TO Of tic same bonds, given ns col
W literal security IN four notes for an aggregate
4. II $ll,xy.:9. Lastly. tho reln4in!ng eoalplan.
y; stt, ltobcrt 1,ayar!l, has 700 Of tho
a%s asbesss dsss q s Y"i compsy sss'1x ss tss S
II a.noun. of sl0,MU, Also :1U hands se-
= snrlng four notes '1r s]oMp eae!, nal9 BY
+ Thomns >. Dot,9fns. None Of th'se bonds hare
r. ments oi interest .lnc April and Oct1bcs. ls'}.
n 1si4, 1878, uni 1911 have none Of them been
{ raIl. ana noro tfan SIX inonths l,aslng elapscd
i slt, aadcr tGc teras It the 'oFtsasc, 10 dc.
4. torccloucd. Tis New York State LOAN 4 1'rust
;l Company, the Trustee. ts corporation created
( )aws III Illinois hold any real property in this
estate. 1t has moreover bcen dissolved, 50 that
:ai It Is not sble to brng suit to toyeelose. The
+ n,ortgages or leeds Of trust ,,, arc there,
vi IN TIC patuse Of covenants to stand
III subcet to Tho t'ses therein t!uylared dcclura
II t'1s of trust TO the use OF tho holacrs Of the
II In Mny, is7D, complainant, torothcr With
II siosts Taylor ant! tho CITY National Bank, filed
I'll t!ls bill against tho railroad company, Thomna
u y. Dobhins Il Co., nIli others, Making for Ger
n tain relief, and u that suit John II. Wh!tnat
:5H waa subsequently appointed Receiver Of th<
"a roat. llc thnk possession, md has operated II
ever sttsc. Under order Ut Court also ho has
la,rsowcu $t7i, ,tM with wlci, to mako eou.c TN
u p1nvclcns. and this u TO 1o paid first, even be
IN fore tl's mortgage. Tic Company ony built 1t.
~ lNe as far rs nyron, og!c Coanty, distance o
Wsrt se15 ,ms1y menr cs' 'c ea ~ ss foa il drt q
" gagged for, and Is decidedly insufficient sccurlt,
III for The ihe,.nhranvcs. 1t IL aiso inrun,hesct
~ with Heating debt Ut scyrral hundred thou
I. sand dollars, pars Ut wllrh Is IN Judgment an.
'',;1ikcly to bc enforced against tho Company. 4
. Kceclier ts therefore NECESSARY TO pay thcs'
Judgments as lust as possible, AMI 10 keep til
IoAtit11 runltng Ur1lcr q, that It may prOlucc SOM
',1nccomc. The eompla!uanta therefore ask IL
-, y foreclosure VI Tho sa,NU,oo mortgage. tn
: appointment 0i n Receiver. md the uthcr usua
= relief. l'cslca the Chirago 4, Pacific Ratlroa,
:Cu'npany, tic following partlcs a!t 1natlr dc
= tsntIants to tho bill: 1hn.nas y. Dobhlna
!. Z; t!curgcS 8. lowcn John s. Wilcnx Tic Set
;:3~ iorE slate Loan d Trust Company. Tie ecu
x the suI.l New York Stats Loan IL Trust Cum
sE tuuy, ,lnhn II. Whitman, Receiver Of thr Chira
r. \ as': lass a,ns asIft1 f!GIo%pa1y, Mary Err.
uss pf'H WHICH" ksf: iea!'s' has kasf' Hfi'S 5
;,8 John y. Walker. John T.. Hunt, William i
wv. Hunt. naniel l.. Fleming, Anton skaw retcl
sun, Axrl lshslg, Ed~ari e Loyellt cxscutor.t
'3 hawthorne, Anne + Adams, ilcrl4an. II: Hot
man, scnteu ID. khnbark. William II. alssur
:sM J"hM sl'rrme!er, August Muller, llorare fabc
A,rte w. 3 ',tn 'u1nts' A',ew Ar { liask. an!t
III Frank F.. Walker. the Bsek,is Oh Company, III
~ Maui rpw'lcr Company, Hiram DarrhIlri
- Edwin Halt, G.,,rge k"z,cr, t;corge +. Levi
81 t!e AMERICAN lirtlge Company. thy chlengo
I'M SnrthMestcrn Iailroad Company, Henry Iltr
a'hi Milton llargcr, Messrs. L. G. ami ". I
s>3 Larned and George ". smlth appcur for tt
sgAa cutnplainants.
Ss'a TuK NArloSAL srocK-rAaD COMPANY.
x,Atiltnil Tabor filed bIll yesterday in II
United States Circuit Court against .Charls
ltohlaaon to recover 900 shares u stock ok Il
Mattnnal stoek-iurt!s Company of Now Jerse
The c9npany was Incorporated In Aiarrh, ISL
tArxlaIald II. Aller!o,, william 6. N1ofs; nrl.
o 1u'yst '1 norra;b;. W. stss'iHE s a af4 M'4 " :,
Colnpany was to i,a!ntaln yards and building
Tor kcep!ng an!l accommodating llso st,rk, Ut
generally talfng care VI buying NJ
selling, or sEuug'tctlng animals, ~
manufacturing portions OF them I'M
articles Of commerce. III February, $50, Il
LEGISLATURE rare the. Company perintssIona
borrow $1,0uD. .O00 aMl issuv bonds secured /
1hostsage for the payment Ut tho same. II
Sasda ot tho Company were s!tllatc',
Mcehawkcn IN luuts owned by tho Erie ainlws
COMPANY, or ia President Or plse-prcslaerl
Jay 9iHul Or james Fiak, Jr., and IL was stip
iatsd that the stoek-iurds CoInl1uny should q
,ts best eideayora to secure shipment Of IL
et9sk ofer tho Eris Koad mud Its connections.
knr thls purpose 1t WAS decided tf.at lLrt
Portion Of the stuck OF tue Company should
distributed nfunng tile heavy Western liye-sto
thlp5ess and l0, uU0 shares we're accordingly Eis
y Charles ]sobt,lsou. 1,000 shares to john
easImih, l,00 shares to Oryllle II. Tobe{, q
I,W sfiafes 70 claimant. tAe remainder bc!
Aept by tue Erie Halfway Company. The p
sa!uo uf this stock WIS &l00 slare. Robins
wa elected President, and complainant Il |
5ettoF, and be used his best efforts to lnauen
,laness .man In fsfor of tho Eric, shipping a lsr