Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-07-19

! made. The body was eUe closed in walnut
| cofhr, covered with G broad cloth, triinme
| with Masonic eInblems. The plate bore the
simple inscription, Charles S. Strstton.
Aged 40 The service wGs conducted by
Rev. DE-. air5anks, snd vas vssy brief and
impressive. May Flower Lodge Of Masons
escorted tbs body to ihe train.
The Oregon TranseORtlnental gai.rO
New YoRK, July 1Ssh-The Directors of
she Oregon TranscontineDtal Compsny have
made their annual report to he stockholders
for the year ending June 30th. Tney recall
tha fact that the company was organized to
acquire and hold the controlling interest in
the stocks Of the Northern Pacific and Ore
gon Rsilwsy and Navigation Companies, and
to engage IN such otter commercial industrial
enterprises as would tend to hasten and widen
tne general development of the States or Ter
ritoFie5 t,aversed by these lines. At the pre-
vious fiscal year oaly S23, SIC, 600 OF $50, ,O00,-
O5O OF authorized capital stock had been
issued. During the fiscal year just closed rot
only were the remaining Sc, ,240 600 paid for
end Issued, but sn additional issue of Sl0.-
coo, 900 was authorized by tbe Board. shus
increasing the capital stock TO $40 0OO, coo,
and, on June 30ih lass, the c0npauy heId
169, 1872 shares of Northern Parifc common.
IS, 130 shares OF Nozsbern Pacific preferred.
anu lApsOOO c.as44Dd u OEcSDl LueltWhY ElU
Navigation stock, including neW stock.
These holdings represent more than one- third
Of Tbs cspitsl stock O. tba Northern Pacific,
and s, $50 shares more tb sa the absolute ma
joTity Of the stock OK the Oregon Rail-
way and Navigation @ @pany. Il is
stated that it is in the power Of she COM
psny 20 enlarge its ownership Of North
ern Pacific stock at any time. Sufficient
ssack Is owned and represented by the Direc-
5oFs Of The Oregon sDd Trsnsc0ntinentslC Com
psuY, to constitute, together with holdings Of
the company itself, an sbsolute msjority.
During the season Of 1SS2-SS the company
built 215 miles Of road on its various
branches. The construction programme
adopted for the fisosl yesr Of I883-SG includes
about $50 miles OK Lev read. mainly in ex-
tension Of It's various t7aaoa lines. No fur
thcr Issue Of b1nds ia 20 10 fgace for ccustruc.
ton sccount az present.
Tae Boar6 snBounees ihs iasse 90 the Coa-
paly of The Oregon aud California Railroad
Comp snd It's eys en- q standard gauge
lines. The terms eHssred into between the
CON psuiss arc rs foliows: TIE contt ttruction
ntract between this company and the Ore
gou and California Company is fo- the com.
plctioE q the latieI's main line 20 the Cali.
iocuia boundary, with the option 20 complete
its other Authorized liBes on stated terms,
and ths temporary Jesse Of the O-eges ard
California system Tor thres wears, with the
option for is extension 10 999 vears. When
the construction couir2cs went into effect
about 127 OF The total III miles OF the main
line remained 30 be complese0. Tos estimates
Of the engineers, including liberal allow
anoss for possible underestimate and other
contingencies, coll for 81, ,846 20l ready
money for this work, Uu5er the contract
this company is to receive for its first mort
gage bopGs 50. $40 800, end second mortgage
bonds, So, $50, 000 Contracts have been en-
tered into with leading banking f,0s 10 this
country and Europe tor tho sale Of sufficient
Of there securities to render 1t easy 20 pro-
vide sll the funds fOr .he compilation Of the
line. The assets of the Oregon and Trans
continental Company are placed at $685.
906. 702 81, Of which S5 1871 10l II Is stated
as ca h il baak, and S., ,292, 3l2 10 as loans
due them. Among the liabilities are placed
SS. SOL 457 9S loans dus by the company,
and 100000 dividend dus July 16.h.
TIE GsnOnd TeaFls Diyo-ee Case.
NEW YoRK, July 19.h-A motion is pend.
ing in the Supreme Court 10 confirm the
report Of the refeEee ia tho suit Of Mary
Tearle sgsinst George 0snoBd Tesrie, the
actor. The referee reported in favor of an
absolute divorce. Az application for s., 500
yesr alimony thslf the defendants in
GOMEZ, and S1,000 counsel ieas, WIS alse
made ia behalf Of plsiYtf. On behalf Of
defendant it was urged that 81, 800 was
amply sufficient for the comfort OF plsiatiff.
TEss Texas Pacific Hand Grant.
WASHINGTON. July 18Th Teller says that
he hsd to-day ssen Tweed, sttorUey for
Huntington. of tie Southern Pacific, and In
forced him shes 5le Texas Pacific land grant
case S7oali Eot be decided uusil sitter his
(Teier's) returr, Ebonh the Ist Of Septem-
res. The Secretary also said he proposes to
decide tbs question himself