, 1879-04-12


BY Judgments, contracts, or nihrrwiao were 10 bo
preserved anu not affected by tl,e appeal.
The property was aoldt the sale confirmed, and
= aco1noany osRnn!zed, ~ Was understood. In tho
interest OF shu Gato and Pickering party to re-.
III i" .}aauary'. ISL sars .n,covry, represent.
ing thc third mortgage bondholdera, appcaled
from the decree; and again. !n Auguat, ISL, ap-
tfhezo appeals were submitted 10 Tic supretns
Court upon ornI argument Atarch : by Mr.
Cuwden. Of New York. Senators Carpenter. OF
Wisconsin, for eppollants: Mr.. Ashurst. Of Phil
Trustee.
Since Tho appcal was taken, the sale made,
and tlIc now company organizc,f, It ts under.
cured large II not controlling, Interest in tic
bonds. II ~, auother company will be organ
tzcd mil presented 10 the Court for approval
l. ia now quito certain >, that in the
this must troublesome case, which has
caused mara litigation, sandcr libel, acar,slal,
vitu7cratnI, Mud enEcndcrcl more bail fetltng
hct~ecn attcrncys an1 elsenss nttorneys and
ense IN q. history Of American jurisprudence
Judge Dillon is permanently saiistled with hts
exiertchco In running q railroad; hut Ito tnado
tho railroad par ncvertlccss, nnd Will surscn-
earning moro money. md Ia better credit, than
when 4 came Into It's control.
twill be- rcepiIoctcd that several months aro
ns i was sngolinScd y llat t',e bnslngton: Cedar
Chicago, Clinton j. Western, which ia. "a hcen m
somo time. md would ut once complete
It to junction viii, It's main linz, and thus &C.
cnnnect witt, tic Chicago Il Northwestern, tic
lattsr hauling iss cars 70 Chicago. Lastcrly
nothing has been heard Of It, aud IL ID privately
lllntca, With apparrns sorrcctncss TINT tie CHI
BY agreeing to iaul itc cnrs of that road tram
Cedar Rapids to Clinton fUr nuc, less tban It
would cost to operate thu Chicago, Clinton d.
Western. even after IL was ulplctei. And
that the Burlington, Cedar Rapids Il Northern,
instead Of extending Its lava City branch,
which, from Morse Station Ut its main llnu ~
iowa @ Clty, w. part oi the Chicago, Clinton &
o's mrstcfn, southwest to te kcokuk County cnat.
nelus. u has abandoned It, ad proposes 10 build
west from Riverside OH tic Muscnttuo branch,
aad south Of fown Ctr.
EAsT-DoUND FREIGHT TARIFF.
NEW York, April l1.-At the ttlai meeting
Of tho managers Of tic trunk.llnes, It was re-
eolrrl that tho Presidents OF the trunk-ltuea
would not participate aster to-day In nny lower
than tarlit-ratcs ou East-bound business:
t3tat Is, on basis of 20 cents
per 100 pounds for grain. and
81 EVHkS 1U4 AkN-t4aSa lEUu AkltCAEQ 10 NtW
York unless On property IN traus't. 1llc agree
ment to this effect was higncd by William II.
Vanderbilt, Of the New York Central; ]. ".
Garrett, Of the Baltimore g. Ohio; II. J. jew
cit, Of tho Erie; and g. d. Roberta, Of the
Pennsylvania.
On Wcst-bound freight It was determined to
divert freight to other roads from those which
allowed rebates, and to hold tho tr11nk-line
agents Responsible for tic strict maintenance Of
tariff rates. The Presidents next confirmed the
organization Of thu Joint Executive Committee,
Atd the rules for ,ta guidance
adopted In ChtcaEo in December were approved
| with few mod!dcatIoua. It was also dutgr-
mined to affirm the principle OF pools In both
directions upon alt through freight aud passeu-
ger trntilc common to any two or
more trunk 1!nes md direct their rep.
rrsGnsatires on tho Joint Executive
Committee to call the Joint Executive Com
mtttec toEct!cr at an carly oatc to perfect suct
pools md attopt such rules and regulations for
the maintenance ot ratcs and ttir enforcement
rs sn1 Joint Executive Committee may deem
just.