New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-08-26
BIDS FOR THE CINCINNATI SOUTHERN.

CINCINNATI, Aug. 25.-The trustees of the
N'heihnau southern Railway to-day opened the bids
for the lease of the Cincinnati Southern Railway The
lease is to be for twenty-five years five periods Of Ave
years each with separate rental during each
OF the five periods. Bids put for seven interests
or syndicates.
The first bid by the Louisville and Nashville Rail
road Company, follows: For the first period,
100000 annually; second period. 100000; third
period $SOooOo; fourth period, $9O00OO fifth period,
81, 100000
The second bid was by the Cincinnati Common
Carrier Company, II. W. Clements, president.
For the frsr period S550.O0O per year;
second period 75ooOo per year third period 5000 600
per year. fourth period 81 $50 per year, fifth period
81 ,25O,O00 per year
The third bid, by Clements, West Lippncott e. Co.. was
somewhat complex and Internal not strictly in con
formity with the terms Of the proposals.
The fourth bid by r. c. Huston IL Co.. was rs follows
For the first period, $4,000 year second period
50 10000 third period. 100000; fourth period
Sl,l20o0o; hfth period, 81 100000.
Ihe htth bid, by George T. Doughty and associates
as follows: First period, S7i7oOo; second period
$4,000; third period $lOoO000; fourth period
$l,l00000; nth period. 81 100000
The iastnamed persons made alternative bid rs fol
lows First period, 1907 900; second period S7o7 900:
third period, 81 100000; fourth period POO 600; nth
period, 81 500, 900.
The sixth bid, by John Scott representative of the
comply win the terms OF tho Invitations for proposals.
the Alabama Great Southern Road For the first period
S9ooooo per annnn; second period 100000; third
cd. ~ 100000
The eighth bid was by E; W. Cole, for East Tonnes
5000 second period 100000 third period, 5000
Tie ninth 3D. 10y Jane st. ny" CLARK PrS' CO Sit SS U
formal II offered 10 pay S2o,oooOoo in 3l2 per cent
United states bonds Tor the road and
Other obligation, and liabilities.
The tenth bid by Samuel Thomas and associates was
a. i"uoWs; tir1t period Ssso,0OO; second period,
Si'llo00o third period, $l250ooo fourth period,
The Eoard wiz wait tn hear from the public before
ing In the matter The terms named are annual rentals
Tor each OF the 1--we years constituting period.
THE NORTH SHORE ROAD OF LONG ISLAND.
An effort IL making by the bondholders and
patrons of the North Shore Railroad Company OF Long
Island To secure the cooperation OF the Attorney
eral OF the state IN movement either To get a new
receiver IN the pace OF Thomas Messenger, compel
him to operate the road. The Long Island Railroad
Company abandoned the operation or the North shore
Road hst Saturday and since then the people living ON
the line of the road have very much embarrassed
Tor modes OF conveyance. Stage lines have been inpr,-
visod for while the Great people have taken
to the steamboat lines.
representative of the bondholdcrs and m
irons of the road is now In Albany and has laid
the case before Attorney General Ward Mr.
Ward has tolesraphed TO Receiver Messengers LAWYER
that an important petition from the bondholders and
residents ON the line of the Flushing and Great Meek
Railroad has been presented him asking for proceed
ngs to remove the receiver of his failure to
operate the road This il matter" SAID the
Attorney General III his dispatch, and urge Won 10
nave the receiver arrange TO repair the
It, There can be doubt of the Courts power 10 make
provision for operating the road up to the
time OF the mortgage sale" The feeling
along the road seems To be that the application
WIZ result In some form OF relief Meanwhile
have been made that Austin Corbin
SO as To cheaper II for purchase August ~
when III ~ 10 be sold under foreclosure. has
published denial OF this story and offered 10 take
the receivers certificates in sufficient TO put the
road III repair provided he Is permitted To name Tho re-
ceyer; he will furnish the rolling stock To- oucrat
IL