Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1881-02-09

DUNG the sesslon ct tho curt OF itqalry bis
whole desire had been to establish tie inuo-
osrco ct Whitaker, because" Sid The Gen.
ersl, Tho was yCuog msu under 10y charge,
and Consequently entitled to eli tho protection
| C .ull give him, and because | had re stained
him in tho Academy 10 opposition to oil The
&c !dcm;c boald (U
Atlantic, Mississippi md Ohio IL. K.
The case of the Atlantic, Mississippi aid
Ohio railroad, upcn application Of tho railroad
company to TO allowed 10 pay all sums duo
plaintiffs in the case of Flarcs Skiddy ADD
oilers VS. tho road, end c,ss. an1 10
that end obtain q poslponencot of tho sale.
was up for consideration in the U0ited Ststes
Circuit Court, at Richmond, yesterday. The
petition CT tho railway Company, through its
president, Gen. w. MaEcne, was presented by
Gep. b. L. Butler, representing the capitalists
residing in N sw York ard elsewhere. who bavo
Expressed 8 willingness 10 adVanc, the III opey
az 'ssary to redeem the road, 10 consideration
OF which petitioners ssk, fist. that tho decree
OF May .. 1879. declaring Inc time OF redenp.
| tlon closed, mey DO reopened 10 that regard ;
second, that The sale advertised for February 10
II s.aot may be postponed for ninety days. and
tho tlUe ct redemption extended sixty days;
third that tho carso DO referred to tho masters
Tor report as 10 the m1unt necessary TO redeem
the road Elth lave to petit )cers or lholr $3.50
cistcs to pay CT the eamo at CT before the time
limited within which redemption OF said road
cen b, tif4oted, and that the receivers DO re
qulred to settle their accounts, with leave 10 any
party 10 London to apply to the curt for the DO.
clsioa OF any disputed matter 10 tho account !;
fourth, that 10 consideration that the liens of the
State ct Virginia arc next 10 dignity TO tie
consolidated mortgage. and So the S:ate Of
Virginia has suffered tho tina 10 olapse ste
might redeem, and has made application to
tho court 10 redeem. and Gs otherwise tho pay.
meut now proposed would inurs to her b,nc6t,
that tho curt decree that the comrany, or tho
parties advst c;rg said money at the rtqucs! of
tho c>mpaby, should be tubrogatcd 10 respect
to all sums pGid to The holders Of coupons under
the consolidated mortgage to tho rights Of slid
holders, so that he State Of Virginia may not
redeem said read Without paying 10 tho holders
OF ssiu subrogacd lien the amount by them ad.
VarC q to redeem said road, and may not re-.
ceive the benefit Of srci Payments made BY
otEors; fifth. that The deposit money, amount.
lng to $500 600, for indemnify, be retained 10
tho registry of tho court 10 indemnify all pcr.
sons Interested. against tho expenses and c)sts
OF pcstponing said sale and i5ss of interest 90
crulng on undlr inod securities during tho time
| of such postp0nemeDt. Gen. Butler spoke in
advocacy of the petitiou. lie was followed by
Jos. ii. Choate, Esq aud Judge w. d. Ship
raaD. OF New York, Of counsel for tho Eoglish
bondholders, against it. Tho court then ad.
burned uuti to day. when Gen. Butler will
ccso in behalf Of tho petitioners.
Cen. Buffers speech was not particularly or.
cato. lilo merely called attention to tho disad.
Vartages that may accrue to the different Viz
gina interests 10 the Atlantic, Mississippi and
Ohio road if tho sale is permitted to 20 on
Thursday. and gave brief review of the his
tory Of the read. Mr.. Choate, one Of the coun.
sel.tor Eeg'ish boDdholders. declared that great
iri ustic, would be done his clients if the sale
was stayed. as the amount offered 10 b. pu! up
might not. and probably would not, indemnify
item against tho loss they might sustain by
posponenert. lie said that they had secured
a purchaser who was willing to pay eight mil.
liors ono hundred thousand dollars fer tho road,
the amount CT tho principal and interest OF the
English boDdhoderS. 1t is believed that it is
., syndicate formed 10 philadelphia and other
Northern cities tv tho EDgsh Interests. It is
ruGored that seine Of the Mahonc- CLYDE syn
dloso Tho had promised to furnish money 10
pay up the amount of tho East duo interest,
rpon which tho petition for o stay of sale wss
baseG. hsyo withdrawn and decline to oomply
Si!h their promises, b.! while it is admitted
that this is truo as regards soEle Of the men,
bcrs Ct this syndicate, i: is claimed lSst their
PLACES will be supplied by Others
The purchase Of the States interest of four
million second mortgage Haads is regarded by
some IS q shrewd speculation which tcev be used
10 an sd7srts: &c in the purchase Ct the ROAD &.
the sale.
q, dispatch from Richmond s.ys: Sir, the
day Jefferson Davis WAS brought b,fore thu
United States Court 10 answer an indictment
preferred sgains: him by the gran jury for ell
legged connection with the late war, no such
crowd has gathered in that court room q the
one which assembled there to SEQ Ben Butler
AID General Malone, and 10 hear their motion
to stop sale Of the railroad. General Butler is
we'll known in this seclion-not les on account
OF ou!lawr7 pronounced against him by the Con-
tedera!e authorities than ty rasson CT being the
author Of the Dutch Gap csnsl. Thi, is said TO
be bis FIRST visit to Richmond since the war. To
SAP that he was the observed of all observers in
the court room is to express an undeniable fact
IN hsckIeyed terms. Hundreds of persons
pressed into the crowd, and having caught
glance OF him, retired, unable to stand the Jam
and heat. General Malone sal outside of the
bsr, snd also claimed no little attention, though
hn - k1~E e.. = L