, 1879-07-04
TEE RAILROADS..
DENvEI, Il RIO GuANDE.



DENVER, Col, July 8.-1llc Court refuses to
lisno.scss Receiver R!slcy OF the Rio Grant,o
Road, deciding that they don't think, they haYc
tho right to or,lor hls removal; also deciding
that the stato Court had Jurisdiction. The d..
clson creates intense excitement nrd feeling,
The Court sustained tho Atchlson Noatlts sup
Elemental bill on the Urnnd Canon suit. This
is considered an Atclltson Victory, involving t
largo amount OF money. Before night the
Atchtson counsel are expected to makp = now
noyc. =,
TIC Santn Fe counsel arc 'busiIy engaged TAX
ing evidence tending to provo that lsccclrcr
Rtslcy Ia Illegally and coluslya!y In possession
OF The Rio Granda Railroad. Predictions arc
rnado that the Santa 70 counsel will enter court,
sitting rs chambers, tomorrow, fand present
this evidence, With an effort to tasa the Receiver
dlspossessel. Counsel upon both stiles aro
very reticant. Tonight the city ia full Of cx.
agceratel rumors concerning Tho future moves
Of TUG SANTA Fe people.
Among the matters set fdrth Ia the petition
atcd By Meyer. Trustee, upon which tl.e Rc-
ccivcr Of tic Danver d lilo Grane Railroad llas
been appointed. arc thoi following: That there
Is now due on the honds' feaucd under tlIp Two
mortgages OF tho Denver e. lilo tsrandc Cofn-
pany 70 Meyer, as Trustee, n laIge amount of
TINT sai1 Con1pany'ts greatly embarrassed; that
~ flns incurred ot!,er Indebtedness of caas
usually cornprehended unlcr the term OF Heating
debts t. larso a.nbunta: ll.Ht, eyer 6lnec Nccem'
derived from tho md3tgacel property bus hecn
less than the interest Of said Cunpauy'e mort
gage debts accrutng durn. tho sa1no pesiol.
and grussly inuaeguase to nat any arreass OF
Eastern capitalists.
ST. LOUIS ~ SOUTHEASTERN.
SPRINGFIELD, ILL, July 3.-stcssrs. Judd and
WAttehouse' solicitors, Of Chicago, yesterday
fled In the United States Circuit Court for tho
Soutlrr'. District Ut Illinois I'LL Of complaint
On behalf Vi alessra. Frelrk WlIlenn Sewsl1,
Abram Carl WeItlcim, u. l.. f;ampcrts aud
Carl Weithetm, all Ut Amsterdam, Belgium
against The St. Louis 81 Southeastern Kaldsoad
Company, aud others, to fossclose the first
mortgages upon sbat portion OF this roau lying
In The States OF 1liiuota anl lpliana. This road
runs from 1T. Louis to Nashville, Tcnn. The
Kentucky aud trcnncssce division # mt OF
much ya!ue, hsncp action has not been brought
against that portion Ut It. There are two Itrst
uaFsgages upon tho 1l1tn line, ous Tor e., 000,
dated Oct. let upou That porttt ct tho lYe w..
ing III lIlnofs u1la the other, ltstctt Alaryl, !,
18Th upon tll.t nart OF the tsalta llnu lying In
lndlanu, for ~ l,0oo000 The bonds Ut tho road
tht satn VI pur cent per annuu, payaDlu semi.
annually. There Is afsu tlrst-lnortgagr bond
for $ibl 0G0 UPON what IL kUl.wn ~ the UtFallpn
Dsanch tn Ut. Gla1r County, H., which IL abnue
ton miles in lcDgth, wb1cl, mortgage is dated
Aux. !, 1877. 1hese bonds also bear per cent
| interest.
The con,plntnants named In this bill pre the
ownera Vi ahont 81 0tO QUO Of thu entire amount
Of asse.lDnrtgnGu tall1s. lEu tlrAt bontlholders
lave filed this lit In their own behalf. The
Trustees. leosge .UNiyku und rhIIo e. Call
houn. OF New Yurk City, nFu large holders OF
socon.l-mortgsgc boIls. a.ni htncr hare an ad-
| yerss Interest to the urst-mnftgage bonds.
| tJa May |, ts7it this ralroxA company de-
tauttet III tie payment Ut in,ercst. No interest
seelns to lave bech paid, 50 Tint at tlu ptesuut
time there IL upwards Ut UU,0W due. Tie
amount Is 30 largo that the hrtt-nlorgaga bond.
| holders Will bc compelled! to take the tpad,
l,!e l,lll filed NJ stated .nakca not unly the st.
| LoQ[s IL Southeastern itutIroad Company dn-
1undsuts,, but also Ale4srs. UpdykcA'M! Calhoun,
anu lsrgn number ot judgment escdllors III
Tue roa1. The roaA H. u..w lii the p0sacssfau Ut
Gen. Ja'ucs II. WILSON, rho was appointed ke-
cclYsr sotus two or three years aGn. upon the
apphcatlon Ut the SECOND. mortgage bond
lioldrss. 1t Is not tha intention OF
the holders OF the frat n!ortgass
bonds 10 interfere with He,i. Wilson. They aru
entirely Attisded wiki his management OF Tic
road, and, tn proper ti1ne. will appiy 10 the
! Court to appoint linn Receiver under tho pEss-