The daily Cairo bulletin. (Cairo, Ill.) 1878-1???, 1882-04-07

| therefore, they should DC Wiling 10 pay
well for it. Every owner of window or
an old fence or a slab.sided shanty should,
whenever it becomes known that theatre
troupe is to be advertised, place guard
over such window or old fence or slab
sided shanty, carefully count his family
rush around among his ne:ghbors and
relatives and count their families, and then
fix the value of the privilege of hanging
fancy bills on his window or old fence or
slab'sided shanty at rs many tickets as
there are members in his own family, in his
neighbors' families and in his relatives
families. THE BULLETIN gives this hint
conddentially and hopes that 1t will be
needed, because, if it is needed by all
owners of show windows and old fences
and slab sided shanties in the city, the
opera house will always be we'll patronized
by'paying audences--no dead heads"; the
opera house management will ieer greatly
encouraged and will use every endeavor to
bring good troupes to the city, which will
draw immense crowds from all the cities
around us, and the troupes themselves
will feel that Cairo is one of the best and
most profitable theatre towns on the route.
From the documents placed on record
in the circuit clerks Office of this county,
giving the terms of transfer of the mar.
row guage railroad to its present owners, it
appears that the railroad and all its append
ages were sold under a decree of the
United States supreme court for the south
ern district of Illinois. 1t was sold to
satisfy the first mortgage bonds and twenty
per cent interest thereon; it WAS bought
in () by Messrs. Josiah A. Horsey and
Charles J Canda for the sum Of four mil
lion dollars the improvements made upon
the road by Mr.. Smithers as receiver were
also included in the sale (l Mes,rs.
Horsey and Canda then sold a. the whole
concernd to the present owners, the Ans
terdam gentlemen, for the sum OF $1,000.
900; and these gentlemen mortgaged it
back to Messrs w. II. Smithers and Josiah
A. Horsey for the sum Of S2,6OO,000. This
is the transaction as it appears from the
documents on record; it is the transaction
as seen by an uniformed public at a dis-
lance; it is the transaction as turned out
of the legal er.shop with its naked
uginess hidden, its rough points smoothed
over; it is the hull OF the
egg upon which brood of
INSCRIPTIONS railroad sharks sat until its
internal rottenness smelled to the skies,
but with its shell polished and its odor
neutralized The four million dollars
for which the road was sold q were never
paid over; the twenty per cent inter
est on the first mortgage bond-,
to pay which the road WAS
expressly sold under decree Of the court
has never been paid; the six million FIVE
hundred thousand dollars for which the
road was sold by Messrs. Horsey and
Canda was never paid over; but the Amster
dam sharks, together with Messrs. H0rsey
and Canda, took possession of the road and
all its belongings and byian UNANIMOUSLY ingen
ious scheme swindled the small stock holders |
(of which Cairo and Alexander county were
two ouubf their share, and formed the pres.
ent poor but honest concern, which, accord. |
ing to Col Hamiltons admission, has made !
over half amilion dollars out of the IRE.
organization" Perhaps the only undis-
guised truth that these recorded documents
convey is first, that the road increased in val
ue, under Mr.. w. II. Smithers receivership
about two million six hundred thousand
dollars, which enabled Messrs. Horsey and
Canda, after having bought (O it under
decree Of court for four million dollars, to
sell q tito the present Amsterdam COM
pany, together with "the property etc, &C.
quired by Mr.. Smithers as receiver" for
six million five hundred thousand dollars
The second undisguised truth is, that the
road has been mortgaged for TWO million
five hundred thousand dollars to Messrs.
w. H. Smithers and josiah A. Horsey
This two million five hundred thousand
dollars is to be used in extending the road
from Columbia, Monroe county, a little vii.
lage eighteen miles this side of East st.
Louis, TO reach which from Murphysboro
II costs ten cents more than it does to 90
through to East st. Louis) to Georgetown
in st. Clair county. At least this is under
stood to be the purpose Of the present man
agement and it is probably correctly I'M
dersto0d.
PERSONALS.