New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-07-03
RAILWAY INTELLIGENCE.
THE FIGHT OVER JERSEY CENTRAL.

Jersey from paying over further money to the Phila
delpbia and Reading Company, pending the final
hearing rule to show cause why the lease of the
former by the latter company should not be anuled.
| President Gowen of the Philadelphia and Reading
| company, made the application. With him in court
| were President Little, of the Central Railroad;
| ex-Chancellor Williamson, of Elizabeth; A. G.
Ritchie Of Trenton; and George r. Kaercher of Penn
| sylvana. Edward T. Green and Barker Gummere of
Trenton, appeared for Mr.. Dinsmore.
| Mr.. Gummere objected to the motion on the
ground that no notice had been given. President
Gowen replied that no notice OF the application for
| the injunction had been given. Worse than that,
the defendants had not been permitted to glance alta
copy of the bill of complaint. Although the Court
ordered the bill to be produced the printer into whose
hands 1t had gone Indignantly refused it. Even
yet the defendants had not seen the bill or COPY
although the order of the Court was published in
every city Of the country, and they had to come
into court to argue blindly. Mr.. Gowen, with
permission of the Court then read affidavits of
President Little and Albert Foster to show that the
lease of the Central was executed with the full
knowledge of Mr. Dinsmore, who had not objected
| TO 1t. copy Of the lease was produced. after
which Mr. Gowen proceeded to argue on his motion.
| He opened by giving history of the relentless
struggle waged between the Pennsylvania and Gem
tral Roads for the past two years. On May last
the directors of the Central Company approved
| form OF lease To be submitted to the shareholders
and on May IL the lease came before the share
holders. Mr.. Dinsmore knew 1t would come up. lie
was not present but he voted By
proxy for Board Of Directors known to
favor the lease. There was not dissenting
vote against the lease. Formal ana legal possession
oi the road was conveyed TO the Philadelphia nd
| Reading What right had Mr. Dnsmore TO ask for
/ gnf anfn fttaf hu.
and practically voted for Does he fear any injury
| TO his one thousand shares of stockf IL so. MIR.
| Gowen said, he was ready in one minute to put In
the hands of the Court security double the value of
| DlnsDores stock
| An ATTEMPT TO CRIPPLE THE READING.
Mr. Gowcn charged that the injunction was de-
sired merely TO cripple the Philadelphia and Read
ina Company's finances and give rise to the impress
sion that II was unable to pay its Indebtedness so
as TO depreciate the general stock aud allow the
Pennsylvania Company to buy mp the Central
road. The bills for freight and tolls he SAID. are
not payable ill July 10. and all the money now on
hand Is required to discharge interest and rentals
falling due to-day. II the injunction stands il might
result in millions Of damage to widows employees
and other poor people merely to crafty miserable
| clique of stock gamblers who make nSe of the
court machinery TO carry ont their transactions
II necessary security would be given the Court that
| the revenue of tine Central road tIli the rule to
show cause - argued shall be used only TO dctray
actual expenses.
A warm discussion followed because the bill Of
the complainani.or .or copy thereof had not been pro-
| duced Prcsldeut Gowsn IN reply to Mr Green said
! that for three years he had been compelled To
duct fight against Mr.. Green's client such as no
mortal ever before waged. and this was a specimen
OF the warfare used against him.
Finally the Court ordered that the original bill
| be procured from the printer aud "a recess was
taken until 2:3O. Before adjournment Judge Nixon
said that in issuing the order last week he had de-
clared that he wOud dissolve the Injunction In caso
hot 9 elt.f
trail road be used only 10 deray actual expenses Til
| the question Of the ease Is settled.
| InE INJUNCTION TO BIZ DISSOLVED
This afternoon the discussion was continued
President Gowcn charged that there not a
single statement in the bill which the injunction
| had been granted that not susceptible OF con-
! tfadiction. If the injunction should hold. the
Reading Company would DO unabl c to carry on
business aud decentralization would ensue among
It's employees
With the consent Of opposing counsel, the Court
finally agreed 10 dissolve the Injunction, on filing
Of a bond in the sum Of S25o,000, that the Road
| ing Company retain separate fund subject 10
the order OF the Court all the moneys received
from operating the lines OF the New-Jersey Central.
except such ~ are necessary to pay the expenses Of
! conducting the said road. Samuel X. Wilson and
| Henry :. Little. OF Trenton, and Franklin b..
| Gowen of Philadelphia. were accepted as sureties.
4 a
| take testimony was laid over until tomorrow.
| THE BRIDGES OF TIE LONG BRANCH DIVISION.
President Little OF the Jersey Central was not In this
city Yesterday but Vice President kean said that there
was no foundation Cor the statements recently made In
court by counsel for the Pennsylvania Railroad that the
bridges on the Long Branch division unsafe The
| company's onlcal denial Is as follows:
Our INSPECTORS examine the bridges along the route
every mon h. and forward their reports 10 this oce
hui since this adverse report made have hat all
the bridges the road specially examined by MI B0n-
xano of the Phmnx Works. who IA ono OF the best
Lnown xpsrts IN this work this country and Eng-
neer Fornan OF the Reang Railroad. and they report
that the bridges IN perfectly safe condition Tor any
| amount OF travel
Another officer OF the Jersey Central said that the
Pennsylyania Railroad was bent on annoying and In
| turing the Reading management as much as possible
"The Dinsmore brought virtually by the Penn
sylyania he said and 1t Ia likely that that Is not
the last Que The stockholders or TINS company nave
been waiting n long for dlydcn Ia and except for
the Lease Reading they might wait some titne
| longer" .-,.,- .a..
there viii be NJ the meeting Friday Ii Ia not In
| nro,nbe that some or the Pennsylvania people nave
bought stock recently for the very purpose OF making
| trouble"