davidaulloa/AmericanStories huggingface dataset:
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02
ORDINANC &.
The Board OF Supervisors of the County
OF Sacramento, STATE OF California, do
orIain as rolTnxrs-

Ordain as follows:
Section l. Each and every person, eopartner-
ship, firm or corp ration transaeting within the
limits Of the county Of Sacramento State Of Cali
fOrnia, any business hereinafter named shall pay
license therefor iu the sum and in the manner in
this ordinance provided.
Section , Auctioneers are divided into eight
classes, and must obtain licenses from the Tax COL
lec-or as follows:
F1rst-Those whose average monthly sales amount
to one hundred thousand dollars and upwards coz
stitute the first class, and must pay license OF
four hundred dollars per quarter.
Second-fhOse whose average monthly sales
amount to seventy-fve thousand dollars and less
than one hundred thousand dollars constitute the
| second class, and must pay license tax Of three
| hundred DO lars per quarter.
Third-Those whose average monthly sales
amount to fifty thousand dollars and under sev-
entyge thousand dollars constitute the third class
and must pay license tax Of two hundred dollars
per quarter.
Fourth - Those whose average monthly sales
amount TO thirty thousand dollars, and less than
fifty thousand dollars constitute the fourth class
and must pay license tax of one hundred and
twenty-five dollars per quarter.
| FItth-Vhose whose average monthly sales amount
/ TO twenty thousand dollars, and less than thirty
thousand dollars, constitute the FIFTH class and
n-ust pay license tax Of one hundred dollars per
| quarter.
Sixth-Those whose average monthly sales amount
to ten thousand Dollars and less than twenty thous
and dollars shall constitute the sixth class and
must pay license tax Of thirty dollars per quarter
Seventh Those whose average monthly sales
amount to twenty-five hundred dollars ami less
than ten thousand dollars, constitute the seventh
class, and must pay license tax OF twenty dol airs
per quarter.
Eishth-Those whose average monthly sales are
less than twenty-five hundred dollars constitute the
eighth class, and must pay license tax OF twelve
dollars per quarter.
Section 8. Persons engaged in banking, ioaning
money at interest, or in buying or ssllias notes.
bonds or other evidences of indebtedness Of private
persons, in buying selling State county or ETY.
stoe1s or ether evidences Of State, county OF city
indebtedness, stocks. notes, bonds or other evil
deGces of Indebtedness of incorporated companies,
or gold silver bullion, gold silver coin, are
divided into seven classes. and mast pay license
tax as folioVs:
First Those doing business in the aggregate to
the amount Of tso hundred and tf.y thousand dol
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02
TIE CoLoggo coNvgN715N.

The Convention of the colored people
has been held at Louisville and an address
issued to the people. The outcome has
been precisely what we predicted. The
Convention resolved that the negro in
the South is oppressed by unjust and dis
eliminating laws is prevented from tax
ing part in local concerns; is Disseminated
against by public entertainers and common
carriers, and needs education and fair
chance to put himself wherever he may
prove capable of going. There is nothing
whatever new in all this. Certainly there
is for the Democrats no such comfort in the
address as they hoped to draw from it. 1t
does not declare for any party, nor con-
denim the Republicans. 1t does not rave
about States rights, nor the exaction of
corporations. 1t does not denounce the
election of 1876, nor favor any tariff ny
pocrisy. It simply recises fair state
ment of the condition of the negro in the
South, without suggesting solitary rem
edy for it. It was an effortful and
proitless Convention, and seems to have
been called chiefly to permit Mr.. Douglass
to make two hours speech full of bitter
ness. The negro rscein Americs has all along
been befriended by the Republican party,
which has proceeded on the theory that
the negro must take his chances in the
fight OF life, and gain ouch station as he
can under the laws, and the social condi
lions set up uader them. The fanatics
that expect any party TO force class to
the front that cannot OF its own energy
reach it, will continue to abuse the party
for failing to put the negro higher up in
the scale. Uuquestionably it was an error
to leave him so early to the tender mercies
of the Southern Democrats aud the unsc.
customed atmosphere of self-dependence.
The nation would do differently had it the
task to do it over. But it is done, and no
power resides anywhere to force the South
to remove the local burdens of which the
negro justly complains, and under which
he has the sympathy of humanity. II,
now, he conceives that by selling out body
and soul to the Democrats he can secure
greater measure of prosperity and more
rapid advancement, he should certainly try
it. Those who read the history of progress
and intelligence Alright can forecast the re-
suit, and have no serious concern regard.
ing it.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02
TH[s hfoRNIEe,s NEWs.

In New York Government bonds are quoted at
1924 for a Of 1907 ia for is, 1O1 for BIS; ster
ing 81 s2l@4 Sc 1911 for 49, lol for 5s silver bars
11o9.
Silver in London, so 11-l65; consols, 1cOad; 5
per cent. United States bonds, extended, los; IS,
1921 4Is, ll5l.
In San Francisco Mexican dollars are quoted at
s7l@ss4 cents.
Mining stocks opened generally weak in San
Francisco yesterday morning. There was COMPARE
lively little business, at about the prces as
on Saturday.
A disastrous collision Of trains occurred yester-
day near Fort Plain, n. Y.
King Alfonso and suite left Paris yesterday for
Spain.
The youngest son of the Ameer of Afghanistan
has died at Cabul Of measles.
The spaniards are highly incensed over the in
suits offered to Alfonso in Paris.
The Sheriff of Amite county, Mississippi, was
killed at Liberty SATURDAY by Eugene McEmee' who
was afterward shot by the formers friends
The tax levy in Shasta county this year is 20 %
on the 500.
Seventy four persons were confirmed sunday III
the'Catholic Church at Stockton.
Napa county has levied 81 so taxes for State and
county purposes.
Queen Victorias health is improving.
There il great activity in the English navy yards.
It's now said that the condition OF General Han
cock is exceedingly critical.
A disgrace'ul scene occurred at the funeral OF
Chinaman IN Philadelphia Sunday.
Tne work OF removing the remains Of Confederate
soldiers from Arlington Cemetery to North Carolina
has been commenced.
Colored men cannot enter the British naval SER
vice without special sanction.
The Convention OF the National Cotton Planters
Association of America will meet in yiczsburg No
vember 2lst
The body Of Rev John Parkman was found in the
river yesterday near PeppereI, Mass
In attempting to rob two young men at Lafayette,
Ind, George spurrier was shot dead.
There are 900 United States pensioners living in
Philadelphia.
Bartholomew Bennes 4 lawyer, has been ap-
pointed to succeed Marwood, the English hangman
Irish Catholics have obtained full possession OF
the city government at Cleveland, o.
ST. Julien Trinkett aud Jay Eye See are to trot in
Albany, n Y to try and beat 2:l4.
The Brooklyn bridge was crossed Sunday by So 600
s. p Armstrong, teamster, was run over and
killed at San Francisco yesterday by truck.
fire near Susanvie, Lassen county, Saturday
night destroyed the house. stables and grand stand
on the fair grounds.
c. B. Mcclellan, an artist, was found dead in bed
at Reno, New, yesterday
Smith, convicted Of the murder of Mrs. Petch,
committed suicide in Jail at Lafayette, Or, Sunday
night.
During September the police of Portland, Or,
made so1 arrests.
D. c. Field, agent of Wells, Fargo Co., killed
himself at Charleston, A T., Saturday.
Fire at Tomcki, Col; loss, $4,000.
The trial OF lie Roy, for the murder Of Nicholas
skerrett, came up yesterday at San Francisco in
Judge Ferral's Court.
boiler explosion in q sawnill at salida, Col.
yesterday, Instantly Killed j. H. Moody, the pro-
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02
Vice 10 Iothers.-mrs. winslow.,

AGTice 10 TotEeEs.-HFs. WfDsIOw'a
Soothing Syrup should always be used when children
are emitting teeth. 1t relieves the little sufferer at
once It produces natural, quiet sleep by relieving
the enid from pain, and the little cherub awakes a.
It sOotbes the child, softens the o1Is aIlavs eli
pain, relieves wind regulates the bowels and Il the
beat known remedy for dizrIhea, whether arising
from teething CT other causes. TWENTY-FIVE cents a
bottle. n18lyTuThS
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

The Baltimore NewS, says it is preposter-
Gus to speak of substantial success without
intrinsic, upqueationed merit. st. jacobs
Oh, the great psin.cure, is most pronounced
example. Its immense ssle is due TO its merit.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

L. o. q. F., NOtice.-0flicers $500.
and members of Sacramento Lodge,
No. 3 /. o. o. F. You are hereby no. -zss<sSs5se=
titled to meet bat Lodge room, THIS 's1S'SsSs
tuesday Ar TERNOON, October 3D. st 100 o'clock,
te attend the funeral of our late Brother, ]. F.
SUDAN. --as RICHARD Brown, N CT
J. poNINGos. Secretary. o2-It+
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02
GENERAL NOTICES.
4 eard.-To all who are suner,ng fro,

t1fus-Io ait Wle are suffering from
the errors and indiscTetions Of youth, nervous
weakness, early decay, lOss Of manhood, etc. win
send recipe that viii cure you, FREE OF
CHARGE This great remedy vas discovered BY a
missionary In South America. Send seli-addressed
envelope TO the REV. JOSEPH I. Imam. Station
D. New York City. nIs.4p1 yTITbs
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

"DR. BENsoN's Celery and Chamomile
Pills for the cure of neuralgia are SUCCESS. y
DR.. G. P. Holman. Christianburg, Va. 80
cents. at druggists.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

A GREAT deal of thin-skinned virtue is being in
duged in about this time by editors relative to the
connection Of horse-raeng with agricultural fairs in
this State To believe thess virtuous souls no
greater wrong exists than speed trials st fairs.
These same men, nine times out of ten, will be
found at the race track during fair weeks, and if
asked about the stock exhibits and the agricultural
display, have interest in either. Just as long %
people want 70 be amused at fairs by horse racing,
it will be conducted by agricultural societies, and all
tbs twsddle INDUCED 10 about it amounts to noth.
ing in the way Ct stoppingit
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

Members OF wathaIIa -
Grove, No. 6, U. A. o. D., are mott, NM =
fed to convene at Pioneer Hall, = EHT y
THIS (Tuesday) AFTERNOON, at IISSsLs &
o'clock, to attend the funeral OF our lnSAS@LsIaI
late Brother, ANDREW LEWICK. E#kSfgST
Members of Fidelity Grove, No. 81, EgI>NI
and sojourning brethren are respect El [NI
fully requested to attend. By order,
n B. H0RNER, N. A.
NIGuET, Sacratarv
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

TIE Peace Association OF France wishes the
United States and Switzerland to arbitrate between
China and France. No, rot for US We have
reasons just now for keeping out of the difficulty
even the settlement OF it. America could scarcely
hope to succeed in settling the dispute. England
might do it. but France will never conEent Good
old Dom Pedro has been quite success as an arbi.
traitor; let France try him for one Of the Board.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

wonderful
colossal that the day
children Tbs cutting of CLOTHING h fact fine
reduced that the
of
pounds; perfect smallest
ONETHIRD THE COST
onya respectfully, according
iu
respecting quality workmanship
assorme tcoupis
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

Samaritan Nergine, the great nerve con-
queror, is guaranteed TO give satisfaction, CT
money refunded. Get at druggists, 81 80.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

Pacific Encampnsent, No, g, L. o. e. %
o. F-The officers and members will meetsN 70
st Encampment Hall, THIS (ruesday) AT ~
TERNooN, att o'clock, to attend the fu-/ y
neral Of our late Patriarch, A LEWICK.
GROVE L. JOHNSON, c. P.
W B. YVES Scribe o2-lts
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

EYES brighten, cheeks become rosy, muscle:
gsiu strength by the use Of Browns Iron Bit
iefs.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

To appreciate this property, go and see it before
the day OF sale. This property will rapidly enhance
| in value. No ssier investment can be made than to
secure property so favora5ly located in this delight
! full section of the State.
Two trains each way daily between this property,
Sacramento and San Francisco.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02
NEW ADVERTI8EMtIE:NTS.
The officers and men

The officers and members OF .,sssAs.ss..
Eureka Lodge, No. 4, l. o. o. F., will 8
meet at the Lodgeroom, THIS CTues- -!
day. AFTERNOON, October I'd, at 1 >Ssa.HvSS-
o'clock, for the purpose of attending the funeral Of
our late Brother, A. LEWICK. Il. SEMI, N. G.
E. GLOVER, r. S. o2-ltt
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02
Attention, Exempts tYou =

AtfeRiiOn, EXcmpts lyon
are requested to meet at Firemen's sssS{sN
Hall THIS Glue day AFTERNOON, Sszsfsssss
Octob I'd, at 1880 o'clock sharp, to " q
tend the funeral Of our late member, j. F. SUY-
DAM. By order, J. C. DIVINE, President.
WV. AVERY, Secretary. o2-ltt
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

TERMS One-fourth cash balance in three years
Interest on deferred payments at per cent pei
annum. No mortgage tax to be paid by the pur-
chasers A liberal discount will be made on deferred
payments for cash.
TITLE PERFECT. Abstract Of title complete tt
day of sale.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

Stated. Meeting of Sacramento q
Chapter, No. 3, r. A. Il, viii be held at "a
Masonic Hall, THIS (Tuesday) EVENING, NIX
Companions are cordially invited. By order of
c. KELLOGG, H. P,
W B. DAVIS, Secretary ,21ts
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

I. d. o. F.-Members of Ris- s5,Egslae,
ing Star Rebekah Degree Lodge, No. s s$ss5ses.
s. are requested to attend their regu- - :
lar meeting, THIS (ruesday) EVEN 's2afvT>~
ING, at 7:30 o'clock. Members of Germania and Sis
ter Lodges invited. By order Of
MRS. J. w. GUTHRIE, n. C.
Mas H. G. HAYS, R. s. o2-It+
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

T oST-ALL PERSONS ARE CAUTIONED
IL against receiving check drawn by J. Allison
& Co., IN saw Of II. G. Smith & CO., for five hun
dred and thirty-seven and S5-l00 dollars, as pay
ment OF same has been stopped.
to21t-l H. c. SMITH g. co.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02
n. @. MAY & Oh.

DRoPRTETORS OF FULTON MARKET, 42s
Il and 430 ST.. corner Fifth, Sacramento, Cal.
wholesale dealers in Butter, Eggs, Produce, Fruit,
Fish, Game, Tropical Fruits and Poultry. Country
orders promptly filed. Postoffice Box 437. OF tt
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

TgNo LET-NICELY FURNISHED FRONT
4 room, suitable for one or two gentlemen. at
Ills street For terms address II ," this Office
or apply on the premises after l o'clock P. NJ. o.
EN0R SALE-THE SACRAMENTO AGENCY OF
e two leading San Francisco daily papers For
terms and particulars, inquire at this Office OFT
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02
RAINFALL ALWAYS SURE
small Whey ard and Orchard in Thrift
ArnnHifinn-

To persons seeking profitable investment, or de-
srous of purchasing home in the country, combin-
ing health pleasure and profit, with good soil, de-
lightful climate, and on unusually easy terms, this
Is the most favorable offering we have made in
the State
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02
PACIFIC COAST
Land Bureau,

a CORPORATION.
DIRECTORS:
President. ..............WENDELL EAsTON
yfce-Presitient and General
Manager. .GtO ID. w. fhiNA
Treasurer. ..ANGL0.CAL[FORNIA BANK
j. o. ELHRlDGE and G.. TAGGART.
EAsTON Il ELBRIDGE...... .luctiOneers
PRINCIPAL PLACE OF BUSINESS:
| % MONTGOMERY STREET. SAN FRANCISCO.
Subj gencies at each County Seat In the
State.
Agency for Sale and Exchange of Farmirg
LARGE TRACTS SUBDIVIDED AND SOLD AT
AUCTION OR PRIVATE SALE.
Colonsts and Immigrants Located. Careful AP-
| praisements made for Banks, Cou is, Adminstra-
| tors, Trustees, etc. Legal Forms complied with.
Full Records of Sales in each county on file at the
General Office Assumes Entire Charge OF Property.
Pay Taxes, assurances, etc.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

SITUATION WANTED-BY AN EXPERIEN CED
- farmer, with small family, to take charge of a
farm, or will rent shares; good references, il
required. Address, W. RAINES, lib X street,
Sacramento city, O2.IWs
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

DHYSICJAN AND SURGEON HOMGoPA-
L thist) Residence, 1918 street Office, No.
627 J street lover Dales), Sacramento Cal. Office
hours-10 to II A NJ; to4P NJ; 6:20 to S P. NJ
Spscal attention given to diseases OF the heart and
lungs. o2-1rn
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02
RANCHES
FOR SALE.
297Acres Three Niles South
east of the City.
& portion of which has been
Set Out to Fruit Trees
and Grapevines,
THERE Is A GOOD DWELLING AND
BARN.

TF DESIRED WILL BE SUBDIVIDED INTO
Tracts Of 20, Al, so OF $50 Acres. VIII sell
from $71 10 SS5 Per Acre. The above will pro-.
duce as Fine Fruit Grain any In the county. -
Also
100 Acres o: Fine Grain land. Has pro-
duced 70 bushels Of grain 70 the acre, lying on
Cache Slough in Solano county. Price, $1,000.
I.44f Acres Grain and Timbfr Land SEQ
acres OF Bottom land. Has a frontage mile
upon Sacramento river, three miles from Auder-
son. This is = bargain. Price, only ,SI3, 900.
ALSO -
80 Acres wlth Title I6D Acres wish Pos.
sessorY Title. Controls good stock range.
Dwelling, Barn, Fruit Trees, GrspeviGes, etc
Price, $1,000 Nine miles from Auburn.
100 Acres Five Miles from this City, Fine
Dwelling Barns, Shed Ia acres in Fruit Grapes
Berries, etc. Price, $500. 1eras Of payment
easy
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

sETANTED-BY AN EASTERN WOMAN, A
w situation as housekeeper or general house
work. Country preferred. Only parties OF respect
ability need answer. Address, as. A. p" this
offica % 2ts
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02
Attention. Indenenhcnf Ltghr

Attention, Independent Light AJAX
Battery All officers and members are seUss
hereby ordered to meet at their Armory, psTEszsI
THIS (Tuesday) EVENING, at 8 O'Clock z$Ak1
sharp All old members OF the battery are invited
to be present. By order of
o2lt' W. A. HOUGHT0N, Captain
EETANTaD-RooMS AND BOARD, IN
w private family, for man and wife address
"P.," REcoRD-UNIoN Office. $50 nedu
VETANTED-BY A GENTLEMAN, A SMALL
w furnished room, with a private family.
Location must be central. Address, w. c." this
Office. % ST.
ExTANTED-BY AN EASTERN WOMAN. A
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02

Youths Basket Cloth Sack suits, $40 80.
Youths Cashmere Suits, s13.
Youths Dark Union Sack Suits, s. so.
Boys Atwood Cashmere Suits cages 10 to 49, from
81 to $40
Bows Dark School Suits agss 70 to 16l, s. Is.
Boys Dark School Suits (ages tn 12), 81 rs.
] Boys Dark School Suits tages to 1G), Sc Is.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-10-02
THE COUNTY SEAT OF YoLO, IN LARGE
Subdivisions, II to 90 Acres Each.

aluvial, well adapted to Vineyard, Orchard and Al
fafa An artesan strata OF water underies the whole
property, and at q small expense, with windmill or
| horse power, each subdivision could be irrigated
without reference to proposed canal for irrigation.
The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1883-12-01
RECTOR LOWELL.

The election ofMr. Lowell. United
States Minister to England, as Rec.
tor of st. Andrews University, and
his acceptance of the position, is not
regarded in the most favorable light
in America. Mr.. Lowell has often
been accused of undue love for Eng
lish institutions and Of displays of a
snobbishness at the English Court
unbecoming an American. His
competitor for the position was MI.
Gibson, one of the foremost leaders
of one of the two great parties in
England. 1t is held that in permit
ting his name to be used MI. Lowell
virtually interferes with the internal
of a nation with which this
country has nothing whatever to do.
And it is asked: If he may NEEDLE
with the politics of England, why
not MI. Sargent with those of Ger
many? Mr. Morton with those of
France? Nj. Hunt with those of
and so on of all our other
And on the same theory
why should not the foreign diplomats
1t Washington take sides as between
Republicans and Democrats IN our
own country? Without attempting
70 answer these questions another
may be asked: Is it not about time
hat Mr.. James Russell Lowell was
recalled and a thoroughbred Ameri-
AN sent in his placer
The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1883-12-01

An exchange observes that there is
a tradition in Ohio and other parts
of the country that Mr.. John Sher-
man, e%x-Secretary OF the Treasury,
and at present a member of the
United States Senate, was admitted
to the bar about forty years ago. If
he ever had a brief, history has not
recorded the fact. It must not be
supposed, however, that Mr.. Sher-
man is not a great lawyer. He has
just established bis claim to be con-
sidered in the front rank with onr
Fields, Evartses and Choates by his
mastery analysis Of the late deci-
sion of the Supreme Court on the
civil rights question. He declares
that ut undermines the foundation
stone of republican principles" and
that ''for one he will not acquiesce in
it." This is a very serious matter.
If he shall be nominated and elected
he could not, entertaining these sem
timents, take the oath of Office to
support the Constitution and the
laws. But what will the Supreme
say when it learns that Mr..
has overruled its famous
decision?
The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1883-12-01
POSTAL SALE.

The Financial News of the end
inst says: The Postal Telegraph Com
pany has sold all its property and
franchises to the Postal Telegraph
and Cable Company, which was re-
Gently organized under the laws
of this State expressly for this
purp. &c. The deed of conveyance,
which was recorded yesterday, states
the consideration at SIC, 498. 500. The
transfer is merely the fuldllment of
a plan, which has been under con-
sideration for some time, for reduc-
ing the capital stock of the company
and fer correcting certain legal ir-
regularities in the organization and
conduct of the original company.
When the present owners secured
control they discovered that the
previous management had not al
ways acted in conformity with the
State laws, and while their counsel
were of the opinion that the irregu-
larities were not sufficient to vitiate
the company's charter, it was decided
to organize q new company. The
conveyance made yesterday to the
Postal Telegraph and Cable Compa-
ny was in accordance with this deci-
sion. The new company is owned
by the same persons who have re-
controlled the former one.
There will be some changes in the
Board of Directors, probably, but
John w. Mackay will be President
If the Company.