, 1879-03-27
TIE JETTIES.


EntIH.
Tie following letter hus been addressed to
the yarious stockholders OF the Jct.y Company
by Mr.. Ianes u. EadH:
OFFICE OF JAMES u. Fans, Z. F., RooM hn3
CnAMnEN OF COMMERCE., ST. LOUIS, A1arcf! q,
fei9.-llle assignments male BY nlu to thu
Saltth pass Jcity Company, dated duty 70, i.
u. 1878, MIL intended tU secure t pfincnt O[
interest at,t profit OIL the stock of the Company,
nge us follows:
Out of .,inot casll paymcnt...... ......sl4O. 600
Out Of fuut castl pa, mcnt. I'm. no.I
Out of ao-foot cash payment...... 1'0, 200
Tota1'. '..."-.....-...st.e.o o0D
The payments th,ls assigned were tit,sc t,sp-
ylcd to t,u nlnt'c by t3ie aet NJ Ma7cst 3, 4. d.
validity Of tlre above assignments when s.aap,
Or il!e reasons which m0rctl tllc Hrtrrtary of
Wnr, under t!r advlec Of tte Attorncy. .{,ctcrnI
of 1le United 9tates, to refuse 10 rccngntzr
net ot March o. 4. b. 18Th Congress has re- re-.
npalcd Tie uct of 1875, rs regards payments to
1l, nlnl llns substituted otsry paylnents tIlcre-
oY radicallv changing tic original DEITY urt.
n,ntle an cnrncsk eifort to scenre tle pussuEo of
ii bill which would not hayc atIcctc.l thu status
Of existing INSTRUMENTS, but III this failcIt.
Congress eaw lit tn repeul thu original law al to
payments, n,n! with tllAt repeal nll preyIutis u.s.
aEnIneuts fell. Iii vlew ot 1l,e fnct, however,
tat under lie recent net received d payment
Oh account from the Government, md beny
tlcsirous .llnt NJ stockhuhler oi the Jctty Coui
pany siiHll he prevented, by reasaii Ut The recent
act 0f Congress- fTun receiving what Is Justly
due, hnye detcrntncd now to distribute anon,
tie stockIln|dcra Il sum which, IN amount, will
substantially currca,,uli1 With ll!e amount Us.
signed aat Of the twenty-slx foot payment.
Thu 1nalorty OF tile stuckhosdrra hAyo thus
sr w. sa s sc s'Gsf M s I
nicnt oi wkiclt mn nbotlt tn ts,akc, Intend, us
far NJ posa!ble tu c1ualfze payments In gross to
stpckilu!Iers III alct way Tint eRcEl sturktloder
slIulI have received with the trusent pay,snt)
Tie iustlcc ot thsa course nstist liz apparent.
The par value 1T thu whole stuck tssus! Il si51,-
tu0, this being the entrc Ng0int Ut money nd
va!ced to ms y By ll!e ,letty con.pany ~ aia oi
thc stockholders, adtlcd " the s,Inl hitherto
put them, IL therefore s!5},900, ia exrcss ul
ihv nmount advanced ly th.:uI to nIe.
IN view Of ,n fact HAT the reernt act Of Con
gross ntroGatcd MI assignments lcretDforo tnatc
| by inc. tutentf Ft,on 10 lnake proposition tu
the atockt,o!lcrs which, II aeceptru, will ssruru
tu them ont Of illr s5, ~, nllt 80 fout taymcmts.
provided by act nj Mnrch 8, Il. d. 1879, all the
thcn,.
IN couctus!ou, desire TO call attention to The
great SUCCESS .! tae work WE bayu BEEN pruse
ratg. 4 ct,art recently iorwaEa! to lnc hY tic
npoa kuryeys lctwrcn Feb. II u,nl alarcl. /, A.
| y. 1S7G. undo bY thu chief asslAtant engineer
Ms. Max l.. sshmi.lt, diseioses tho .fact thai
clanlcl tweity-egllt lcut In depth uxtcnlet
down Tic whole length OF tho jusl,vs allnost Il
shcir v.ry ends. TEe,cc to The hatnu dcpth out
hllu was II distance u but 200 fret. 'tlr leas
cntl! Ut c!unnei ttlrough this @O0 tect ii twenty
tour fret a'lt! rght-tcntha us appears lrutn ttll
following official reL1rL Ut thu Government uE
liter ln Charge vi ille work:
| tMITEn STATES ENGINEER UFrtGE, S0lTIE rAss
l.l,. March l5t lh7tl - hdlfor Nea Nsf<asu4 31H.t4
Over snMth Pass har thu depth nf Ynicr Ut AytrI:.
hotu lt1c, March la1!) wls ..H feet. 'rta trua
width lnr ihia iepth WIS ~ fees AZ hi.L water N
thu t'ay ;lla least hctlh ~. ftrt. nnL III !ns
Whtrr "a feet. At hrnu OF pnFsas March Il, IN,
rnst drplt II channrl ut nvcragu nani !ssu WIS =:
feet. at htE tide I'll feet, and ut law tide 81.
t~u,. certify that Tho Rioye /. n eurrett slutu
uacnt. NJ. Il. i3liDws,
| Lni,tafM Of Engineers. u. i, 4.
Published .by 0tder ut t1Ie Ilou, Secretary O
War.
Attention ia rallc,l 10 tlu lact lint u t!eciAe.
improvement IN ile,,th lns occurred ut ilr llre4
IF ll!c pass, aa will a seen by the suss1o rrl0,l
r1Ir ctlru w!,rk Is btIn. 1ap!u!y uslslrt To coul
pclttn, ,,.ld hnye no uut thai ycl,t ,al .}ent
Ut ~ feet will IL secured tfruusl,t tho w!ltt
channe! fruHl The rIyrr ~ tlr hrn within rel
sonab!c rcrlod. Very respectfully, r!r.,
JAMES b. Fans.