, 1879-07-20
TIE RAILROADS.
SOLD.
e-.@t.3 Dtapeseh TO IAs 1rt11sse-

Iou1sY11LE, ky, Juy 19-furau1bt 10 an
order of the United States Court, entered June
= IN the case Of Opdyke s. Calhoun and others
aoa,nst the st, Louis & Southeastern Railroad
Comn,ny- the Kentucky Division of thai road
was sold At noon to-day at the Courthouse
door bv st. Jobn Boyle, Commissioner. The
fo,lowine nro1erty was sold: Two tractx OF
land IN Henderson,, occupied by the dopots and
r.,,7a NJ the road; the track from The Ohio
River aonth to the Tennessee line; the rolling
stoc,. of the road, including nine locomotives,
ei1 nsssepgcr cars, three baggage-cars, and
9el freight cars; all the franchises,
nriv;,epcs. tmmunities Of the St. Louis
& sopthfastern Company. Ntneteen-twentieths
n The nonds of the road ara held by the Louis
vi1le = Nashville Company. The sale to-day
will be consequently mere formality, and it
was ernseted the only bids would be made By
the ,.onisvil}e d Nashville Company. Of course,
h1>la;nr the hont1s. 1t could nffosl to bid any
amonnf in case of competition.
Comn,jssioner Boyle read list Of the proper
to be sold. Some one representing the City OF
The ordinaucs allowing the railroad the
r;ght of wag through that town had
hsrn renealed, und that the City Of
Henderson protested against the sale Of such
right Of way.
The Tracts Cl 1huA ia A@AAIto0A HV3E AtoG
soii. being bought By the Nashville Railroad
for 81 ESQ and $50, 600. The railroad itself and
the rolling stock we're then offered. "How
much am b.d!" cried Mr.. Boyle. IA million
dollars" said Judge Houston, attorney 1or the
mua1''y tinn. "Yiil limo no one make raiser That's a
rerv lov price The road is worth every dollar
Of It. and plenty more, too" But those pres
ent only smiled, and the railroad was Knocked
down TO the Louisville - Nashville Company:
III rpna Ar.$ In call aof ff.o
franchises privileges, and immunties OF the
railroad. which were bought by the same bid
iers for $4,000. The whole sale was over in
twenty minutes. About fifteen men gathered
around the Court-House door to see what was
going on.
DAVENPORT & NORTHWESTERN.
DAyzspoBr, Ia, July 19.-lt seems to be
pretty we'll settled here that the Davenport s.
Northwestern Railroad, which ruus from DAY.
epport to Fsyette, and from Davenport to Ma
ouoketa-in all, 140 mlles-will pass into the
hands of the Milwaukee, & st. Paul Railroad
Compspy on Aug. i. The purchase BY the lat
ter COMPANY is actually made and the papers
duly signed and delivered, sealing the entire
transactions. Negotiations to this end
have been for some time in progress,
and have been delayed only by
the difficulties arising from the seizure q the
ANNN ~A
Favette County. It is understood that these
tifiirulties have been SO far adjusted to leave
no further obstacle to the contemplated
transfer, The details OF the future MANAGE
mcnt OF the road, under It's new owners, arc
subjects of conjecture; only 1t is surmised.
however, that the immediate management OF the
Davenport Il Northwestern, as . division Of the
Chicago, Milwaukee d st. Paul, will remain
substantially under the administration OF Mana
ger Henry.
KANSAS CITY BRIDGE TROUBLE.
The St. Louis Rxp41:ican has the following
dispatch from New York regarding the Kansas
City bridge trouble between the Hannibal &
St. Joe and the ST. louis Kansas City &
Northern: !, ,;-
Joseph railroad Companyt to the st. Louis, Kansas
City s Northern Rai!road Company thai the con
tract between the two COMPANIES for the use Of tue
is. unless the Wabash nopd sna!i restore before
that time passenger rates from Kansas city, prom
iucnt officers Of The St. .'4bals = wabash ompany
say that the action Of theSr. JOG Company viii oe
futile, under the Laws @of missouri the oE1dge
was public highway+thnd the st. Louis Road
;oua not n, b. Resd Of 0iee
oue.ha}f miles OF track to Kansas City, in common
with The ST. Joseph Rdad. The business which
the ST. Louis Road bud tFeeeived from ne wabash i
therefore entitled to transportation across the
bridge There had bedR IN interchange Of cars
between the St. Louis and the Wabash Koads, but
The cars OF the Wabash Line had been hauled BY the
engines Of the St. Louis Road, anu formed part
Of its regular trims. 1fthcre bad been violation
OF the contract it urged that the Missouri law
would still sustain the Companys right Of passage
over the bridge. The, worst consequence OF tue
dissolution Of the contract would be an increase In
the bridge-tolls. Even that was Of doubtful i'm,
portance, as the rates could not be increased ~
exorbitantly. private dispatch from the Man"
agcr of tho ST. Louis road announced the service
Of The notice Of the st. Joseph Company, but ex-
pressed confidence that an injunction could be OBJ
tained restraining the action Of the st. Joseph
Company. William Dowd. President OF the Han
pbal l. St. joe said day that the contract which
will expire In december next, provided that the
privileges granted by it were allowed only on the
business Of the North Missouri Road tnow St. L.,
X c. d. n J, and that the terms Of the contract
have been violated recently by the drawing across
the bridge OF trains OF the Wabash Road. The re-
cent conflict in Kansas City rates between tue Chi
cngo and st. Louis railroads has 10 affected the
business OF the st. Joseph Road that the Company
woul', have been uDle to have paid dividend on
its preferred stock II it had not been for the COM
petition for Missouri River business lie was going
to put stop to that competition, ii ne could