Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1880-01-21

&c. West Is, George %, Bruce 3, absent and
OF voting 4. The Republicans voted for
Bruce and the Gleenbackers for West. No
choice
The Springer Heirs.
ST.. LOUIS, January 20th.-Some 200 hers
to the famous Springer estate, involving the
site of the city of Wilmington, Del and
large money deposit in the Bank of Sweden,
met this morning, and after little prelim
mary business adjourned till this afternoon.
Probably Il Sensational story.
New YORK, January 20th.-Cardinal Nc
Closky says he has not received a dispatch
from Rome relative to his reception of Par
nell; that he knows of no reason why he
I should expect one, and considers the story
sensational.
Murder i'm the Second Degree.
PETERSBURG (Va.l January 2Oth.-The
Jury in the case of John NJ Young, who
killed George Hinton in November last,
brought Ill a verdict OF murder in the second
degree, and fixing the punishment at ten
years IN the penitentiarY. A new trial will
be asked.
Pennsylvania Officials Indicted.
HARRISBURG. January 20th.-The Grand
Jury to-day indicted Representatives Rum
berger and Petroff, State Treasurer Kemble
anu oGiCls, lOI dGISLlp1ll5 u DIlDS ULS leHlS-
lature.
Action Postponed.
WASHINGTON, January 20th-The Senate
Finance Committee to-day postponed action
on Morton's nomination for Collector of In
ternal Revenue until next Tuesday meeting.
Relief Meeting at Washington.
WASHINGTON, January 2Oth-A largely
attended meeting in aid Of the destitute peo-
pie of ireland was held at Lincoln Hall to-
night. Such gathering has seldom been
seen in public hall in Washington Chief
Justice David X. Carter, of the Supreme
Court of the District, presided, and upon the
stage was large number of prominent citi-
zens and Congressman.
Alleged Syndicate for Buying Railroad
stock.
New YORK, January 21st-A M.-The
Tribune this morning publishes the follow
ing: a syndicate Of prominent bankers,
winch includes also persons largely interested
in the Wabash and Union Pacific Railroad
systems, has been formed for the purpose of
buying large block of Central Pacific stock.
Negotiations for the purchase of stock have
been IN progress for the last two weeks,
but the contract was not completed until yes
terday. G. 2. Huntington, Vice President of
the Central Pacific Company, in behalf of
himself and other owners of the road, has
sold to the syndicate $4,000 shares of the
stock, and has given an option on 90, 900 more
The price paid for the stock is understood
to be 70, but higher price-uuderstood to be
SO-will be paid for the second lot in case the
syndicate shall take the option. This privilege
extends over six months. but it is believed
by prominent members of the syndicate that
it will be taken long before the time expires
Payment for stock is to be made in cash, and
no change will be made at present in the
management of the road. 1t is understood,
however, to be probable that in case of the
successful marketing of the stock the present
| transaction will be followed by Others No
conditions in regard to the future purchases
OF the stock or management of the road have
been included in the contract 1t is purely
cash transaction. The owners of the road have
been induced to part with the stock in
order to share with others the control of the
company, believing that this divided control
will add to the value of the property. AL
most the entire stock of the company has
been held by the original builders-Leland
Stanford, c. P. Huntington, Charles Crocker
and G. +. Croker. 1t is said they consented
to the sale of part of their stock in the be-
lief that public attention would be attracted
by this means to the value of the property.
The members of the syndicate which has Sc
cured the interst in the Central Pacific are
r.. P. Flower & Co.. Prince & Whitley,
Hatch Foote, and Kuhn, Loeb & Co.