New-York tribune., 1885-02-17
RAILROAD INTERESTS.
INTERESTS OF THE TEXAS CENTRAL


The application made by the trustees OF thu
Houston and Texas Central Railway Compsny's arst
mortgage bonds In tho United States Circuit Court n
Galveston Tex, to compel the company to make good
its sinking fund and to the proceeds Of the sales
Of lands the bondholders without the previous
knowledge OF the bondhoder's committed Tho trustees
are n 8. Easton and James Rentoul OF this city Mr.
EastOn In Texas looking after their suit meIu
Der Of the b0ndhoders committee said that he under
stood that the applcstion Of the road
but the committee had written for specific information
He continued While there Is fear that the suit
ment, we are inclined to believe that tho trustees are
seeking to do what they should have done neen years
ago At the meeting OF the bondholders January 81
the trustees censured negectng to that tho
per cent annual payments to the sinking fund wcre
made by the company and also that the land grant
properly the bondhoders to prevent tho
diversion OF funds received from the sale OF lands Too
trustees but they expect cooperate with them to OBJ
tain the foreclosure Of the rst mortgage on the main
the committee has gone to Texas to examine into tho
condition Of the property and the eompany's books.
MISCELLANEOUS RAILROAD INTELLIGENCE.
ST. LOUIS, Feb. 16 (SpeciaD Attorney
General Boone, Of Missouri appeared in the Superior
Court at Jefferson City this morning and filed several
inormaons against Jay Gould and other directors Of
the Missouri Pacific, Wabash and Iron Mountain Rail-
roads. The defendants charged with violating the
section Of the State Constitution which prohibits officers
OF railroad corporation from holding office in. or
owning. controlling parallel or competing .ne Tho
proceedings to compel Gould and Others to show
why they should not vacae the offices which they
hold Sidney Dillon. sage and Hopkins are named With
Gould.
PorrsrowN, Penn, Feb 1s.-A further reduction Of
tracknen on the Philadelphia and Reading Railroad
ook effect this morning Sections heightened by
OF which five men out Of every twenty were dis
missed.
ST. LOUIS, Feb. 10 tSpeeiaD.-The vandara began
selling tickets to-day from this city TO New York for Sl2
corresponding reduction made to other points
on the Wabash and Bee line tickets to NewYork wers
sold tonight So The yandalia says the other nes
are making secret war
Bosros Feb l6-The quarterly statement of the Bos-
ton Albany Railroad shows gross earnings for tho
month ending on cember 81, 1884. OF $20l5259 net
earnings, S129,O3S
CrYcrNSaTI Feb I6-The stockholders of the Cincin-
natl, New Orleans and Texas Pacific Railway Company
to-day elected directors Frank s. Bond. Thomas l.
Gaf, W. A. Goodman, Otto Piock Alexander w. Donald.
Isaac r. Martin Schif Briggs Swift and Augustus
Vessel Owing TO the failure OF the city TO provide
proper terminal facilities I'm Cincinnati resolution
adopted authorizing the Board Of Directors to terminate
the lease.
PHILADELPHIA Feb 16-In the United States Circuit
Court to-day Judge Butler made order confirming tho
report Special Master in reference to the payment
Readings trust oan and directing the receiver to
make such payment part OF the running expenses OF
the road shortly after the order OF the court was made
the Union Trust Company received cheek from the
railroad company for the entire amount OF the mstred
principal and interest, and within an hour the company
gan pay the funds to those who made appca-
ton for such payment
PHILADELPHIA, Feb. 16.-At meeting Of the stock
holders OF the Femngton Railroad and Transportation
Company and the Belvidere Delaware Railroad Com
pany held to-day It decided to ratify the consoda
ton OF the two roads. The road will be called the
Belvdere Delaware Railroad Company and the capital
stock will consist OF 900 shares valued at $50 each
making total Of 81 100000. The following the
officers and directors President. W. Hsssell Wilson,
secretary and treasurer. Hugh Ely directors Has
sell Wilson, Edmund Smith, Henry H. Welsh John Price
wetherill. OF Philadelphia f. wolcott Jackson. A. L.
Dennis. Of Newark; John A Anderson, or LanDertVue
and Hugh i. ELY.