Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1881-04-01

fact that the pan VI Icoi SdnlHttioH,
adopted in 1873, to which Willard,
in his plea for injunction, refers fire.
oucntly, provides that common
stock shall be issued to the amount
authorized by the charter $780,
600 ,O0O-lcss the amount of $751;
UOo,COO of preferred stock. Ccrtili-
co,cs on the stock shall he issued to
holders of or those entitled to GER
titicatcs. share for share, and the
residue ratably to those originally
entitled thereto or their asst gns.
In these quotations may be discover
cd the kew note to the defense which
will be set up against the pleas of
Willard.
A statement from Mr.. Billings.
New York, March y. President
Billings, of the n. p. II. Il. Co.,
telegraphs as follows from Wood
stock, Vt: There has been no new
issue and no increase Of y. p. stock.
The whole issue was provided for 10y
the plan Of reorganization, and the
whole amount was long since listed
on the New York stock exchange.
The stock now in question was held
in trust by the Treasurer for those
to whom the plan said it should go.
/ have heretofore hoped it would go
out gradually as the road was built,
but parties in interest claimed that
they were entitled to its delivery,
and counsel so decided, and it was
distributed instead of being longer
held in trust.
Trade Prospects.
New YoEK, March, 2j.-Brad-
streets circular tomorrow will say
that us the result of inquiries made
through its correspondents in all
Western States it has learned detin-
itely the agricultural trade and trans.
portation situation in the religions
indicated. One main query which
has taken possession of the business
public is, q" Has anything occurred in
the West to seriously check business
prosperity q From ten of our dis
patches the answer Enthusiastically is
"No." While the elements have
conspired to delay Spring trade in
the West and Northwest, there is
nothing to show that it's volume will
be less than last year. The trade
situation is strongly sustained. The
foundations of prosperity are unal-
tered and promise to continue in
definitely. 1t is apparent stocks of
goods in the hands of country mer-
chants have been very much depleted.
This fact put with knowledge that
the leading industrial classes gener-
ally are just now abundantly able to
purchase, indicate conclusively that
both demand and consumption
through the Spring will be large.
Collections have been slow, but it is
evident that banks have been abund-
antly able to grant credits required.
While it is yet early to give judg-
ment as to the general condition of
Winter wheat, it is safe to say from
our advices that Winter wheat has
not been seriously injured. An un.
certain quantity rs to tho wheat sit
uation is the extent to which Spring
wheat sowing will be reduced owing
to backwardness of Spring. Severe
weather has been seriously felt by
the railroads as large decrease of
earnings and large additions to eX-
pense attending the clearing of snow
and ice from the tracks. Our Den
yer correspondent telegraphs that
the loss on cattle will be under ten
per cent, and that one-tifth of the
sheep are gone. This is by no means
SO bad Us has been feared. General
Hazen telegraphs to Bradstreet's
that the condition in Iowa, Nebraska,
Illinois, Missouri and Kansas is ia
vorable to rapid disappearance Of
snow,
PORTLAND, March 2S.-The follow
ing additional particulars have just
been received concerning the stab
bling aftray at Ainsworth and lynch
ing of Dick Osborne BabD, who
was stabbed was merely n spectator
of tho raid made on the opium den
in which Osborne was interested, by
u committee of citizens organized
for the purpose. The raid was made
on the den during Friday night.
On Saturday, while Babb was stand
ing in Hills dancehouso, he was MUIR
derously assaulted by Osborne, who
exclaiming damn you, I'll fix you,"
attacked him from behind. He was
stabbed number of times, one
thrust of the knife penetrating the
lungs, intlicting wound which
Babb can't survive. The citizens
were intensely excited over the affair,
and strong threats of lynching o.
borne were expressed openly. San
day morning about 3:l5 some Is
men went to Il small building stand
ing back of the dance house where
the prisoners was confined, brcke
down the door, threw rope aronnd
Osbone's neck and he was dragged
about 30 yards and then strung up
TO II llul pola Enrly tha next