, 1879-07-03
CNt:t)IT NtODlL1ER.

The Union t1GfAc. Railroad Company bus be-
gun scconl suit for the recovery VI part OF the
1nnney auil,h&sarlttcs frauduien.ly taken from
it bY persqr4(s,shn wcre IT, Directors when Its
road was IoEhS Gdllt, and yho were also tuter-
csied iu Ale Credit aioblltcr. the organization
tlsat performed the work Of building thu road.
Tile first slistAbruugils two mouths ago Ia the
Sunrcme COURTS against Col. Henry 3. Nc
Cunp, Of Wilmington, Del, anu III It judgment
Is sought fur qy amount not definitely stated In
tho complaint, but which. It is estimated BY tic
psnint!!r's' ebuHae1, Will upon an accounting, he
iouHu to lul several IutlloUs Of u0lIara. This
suit ilns tcertity been moved from tl!e Supresne
Court Of thlA Htate to tl1u United States Distinct
Court. Tlle su:onl suit growItY, out of The
Credit neutrality-suspicious. as against tue ckoc~
s Uase, u Ass, M e;1 Il Massaslsetts. It nas onsy
orIrr wus nude BY Judge Van Br,ut,
III tho supFtfn. Court, for service OF the
" tue ~ publication, L.
An,eB' representatives. y similar IN tcrnia to
That ngasnst McComo. 1t details tic history Of
the irutuleut rolathns ot tha Credit Mphlller u
tic UlDn Paet!ie Railroad COMPANY III it, earlier
days The Specific charges IN It arc that Uakes
AH,cs owned. ,.a3 li,ares Ut the stock OF thu
t.redtt Mobf|fer; lllut lie received. under the
operation Ut tic "llo1ie cDntract" " for tllu
building of part ot the road, $iUi ,0U0 IN money
Tim; ul..i ti.ut, under the "Oskes A1ncs col-
trait for tl.c building ut another port ton of the
ronl, l,a received $ls5,uU In money and $S39.-
UtO III Qt0ck md securities VI the 'Unpu Pacific.
parttts ngrccmcnt " at Oct. H. lbG7, snd sub9e-
u,cns agreements qualifying the "trtparthu
Al.reoEnent," tnay bu declared fraudulent a,xt
void a. t0 the Union Pacihc Kailrny Eutnp2Dy,
Glul bt Act aside. and that tho defendants shall
Areuuut tur MI money atid securities received br
Uakcs Amcs Irolh tho Unfuu Iaeihc liuiway
Company; and, tualay, t!Iut the defendants
shall bc hltu1Ecd to ray over to tAe plAlntl1
corporation tue money, etc., thua ACCOUNTED
for.
CHICAGO j. ROCK 1sI.ASD.
The annual renort Of the Chicago, Rock Island
& raelIlc Railroad Company, Just issued, fos
the year ending Starcl, ~, shows: 0r0as earu.
ings, u, ,E) s1A41, against 87,S95, ,8l0h ta l877-
'7a expenditures tIucultnE taxcs), $5, s7s
against s4'Isl5l4; net earnings. e4,830, 900. .99,
against 50, ,lsN4. Tho pcrceutago Of cxpru'
s!!tures to earnings was b3.tO, agalust b5.53 ulg
previous ycar. The NUMBER Ut passengers car
! ried ducrsascA 9]6 pcr cent, but tho earnings
from that source Increased l-l8 per cent, show.
:Wa7:l00 per cunt Or iii, Isl tons; The tonuags
| Ml"yrnlcnt also Increased Is N.100 per cent
| MlaksnE totat increase tn freight earni'lgs o
~ :5.lO1 per ccut, or Si.35l. l1.5B, notwith
ss9sa.s s.s.E sa' s ~ ] syfssss sy ss tf tept ns
During the year .l.34B acres Of land were soil
ut al AyeraEe of $s.b9 pcE acrc, realizing Sls3,
454.:E. Interest EceeIyed ias amounted tu VI.
n54.01, amounting. oil Alarct, 81, tu tS25, ,7lUbt
! Nearly WJ,00 AcFca lcu'nip unsoll. Tho FOL
lowing disposition has been mado Of tho surp!u'
earnings:
Guiding Oakaloosa md bouth ....
ChlraKo lira1lChes ,............. 911, 6e8 E01, O.