The Portland daily press., 1886-11-02
FROM WASHINGTON.
The Great Telephone Suits 70 be
Heard In the Supreme Court.
Important Decisions in the Pacific
Bank Gases.
Prince Napoleon Received by PresI-
| dent Cleveland.

tnko
today to advance and hear together imme
now on the doctat i1aiy ~ thiy recess all cases
yolye the great teIenbane s,,s court which In
| decision Was rendered. tnd. c9ntIqYersy A
Court of tba ifnitad Staty .ouay py tne supreme
cases known fea tSa 3sates pasS IN the series OF
cases brought here o nv Mauohal Bank
United States Circ,it Gonrt ttpPeal from lne
trict Of Massacbn sefts oVrhe ILL., rom tne dls-
stituted nv the receiver - tbo were suits IN
cifc Bank of Boston aaainst sI ~ insolyeha IA
of that hank fo enfrce ene
the assessment of 100 po.sonai er naplnty loI I
shares of both the ar;gina, cent; upon Ivy Ivy
capital stock Tba So,,rt ha, ana increased
fence at law and at si,agad ouS ,,l, .iiat the ue
in equity are alike cias, saoun9 o. feleI
ments and DEGREES Of The Circn;t Tourt .ns' Ru1fs
vor of the receiver must he etsr,aad ~ ~ Ia Ia
cases in this conrt and saverai Ia ,an; ,ieu ~ an
in courts of Massachnsetts n,iIs;, Iri;uns Suiss nus
liyered by Justice Matthews op'nioh wac ue
Prince Napoleon.
House TODAY and maid his ras,aat .ne y 1ite ti
President The President receiyod M, ~ 'ue ;,S
the blue paylor 1h.re xusra " nlni IN
The President and the Prince co,,,sarsdS
gether for about Is minntes 00"'ei'eu 10
~
Decrease of the Public Debt.
The publie debt was daoreosa al a,r;v n.
tober GA oo1 $40 ' 1Soieaseu uuiins oc-
The Pacific Bank Cases.
A decision was rendered bv the srnra,,.
Court of tha iInitad Statos ~ snS Supreme
nortant series Of ea ses 1N,so .ouay ~ ine I'M
poni SosiVS W eases hnoWh as the racine
and anneei frnv, ti,a uSio T;st ~ WIit Oh error
IInitaS StataS for tba SS;elt S;atN; Siuft OF tne
setts There are re, ten .e casss ssGs u massachu-
of tbis cnnrt nb,aS ,,a eaooS, uus tle opinion
tice Wattbass,,s" ",ien ny, Mas ueiiVered Dy Jus
raforanea ~ ~. was written Win especial
anna,jant ~ onS aug ',x;x eaSss ~ Jonn Deiano,
PntIa anu piailisli II error against Peter
tba s,;t ihecergr. hre,,. inese eases arise out OF
,,ant pao;Sos SasSS ~ sn5 iegelVer Oh tne lnsOl-
a9a;nst Inhr y pSdnsl9nai nnl bank OF Boston,
tsrss I;oi''I;t p9lano, ~ ENFORCE the lat
stal as nolueI ~ @ ol oO snares Oh bank
sse,, ., =, ~ snares 81 the so called
hanr nom ssova; cleaied py an increase IN the
2;.aa. 4anh capitai ~ naue Dy resolution of the
ti, IN tne autumn Oh 1851 Delano adj
~; shg suMnersnip ol 80 snares out contests
nn,na5 nanit'5 UPON Tue other % Snares, which
oolnPiiseS ct par OF the new or Increased
oroos; eiano t,ss ciaims Inat the act in
caeaslng elg Tie capital from S500,0O0 to S1,000,-
W. .' waS t iiissai, contrary 10 law, and void,
anu n'l. .iias sne aiiegeu ~ snare OF new stock
uosei tisnt nay any existence. lie also contends
lnat ny MS SUBSCRIPTION Tor 80 shares of the
ploposeu p new STOCK ne never became liable
9n sharos =, siIS ueDes 9l the Dank Deyend
oo SHARES ol va,ld STOCK Delano further
@ iiialntasiS 6a6 tnat py MS contribution In JAN
s,ai;s,, uais, laos, ~ an amount equal 70 the par
tat..n, "a AZ AZ tile STOCK ever held by him
dohts 10 Any tio M tunn uScu IN payment OF the
soi,a,,t - ~ sno uanA 'nS pank tnen Deing In
y ae; l law, "a uischarged MS liability
30 Tbo aa,,rt I'll ~ Saiu ~ pahk. .i
,.ite He cvulS noius tnat lne increase OF the
Was iesal, liiai aii Oh tne re-
~ fant thS W.. WI eoLnpneu WIN. ana tnat
e..o laos .le entl,S amount OF SoO0,OOO In
vas % aot az paId M put tnat the capt.
ssl; sai Has nAeu at ?Soi;oUo' tne amount actually
LEW a..a, az, uooo NY allece tne hgallty Oh the
the sioe ~ Mas wlInln tne power OF
S,,v ~ e anu .he comptroller Oh the
othar W tA tig incTease az tnat or any
SnhSaona,,t ~ ~ M'sln Sovo,ooo. Inc Dank,
ee ass was given the
o. s,o;n,, + u its iui capital stock,
ers almout o nnedniu,n,oi,, anu tne stocknold-
msnt as . .condit;nn rorsay thay 1 so.1d an assess
iun.i hlont 40 cohuition that would enable the
fii H an,ot NJ f BUSINESS Deiano PAID the
hin, as : ho,Sa a. snS S aosvSshens imposed on
oninion af tbe court siy ~ ona,es anu IN tne
HIM 10 co., or ie Ln , .tI 70 now NOT open 10
anee of t5e facts uiS ars pas ,nenl "a lsnor-
sidared q e,nanio. @ s couIse must De con-
snatie cVnpleee acquiescence in and rati-
hoIdors o,,d Siio bp pnosloas aciVh Oh the STOCK
s;ytw hn anu NC caiinot uehy lne ownership OF
fha ho,il aioo e'a VI tile capltal STOCK OIL
The fsnt t4baf na1o,o ii1ou as tIe increased sum.
N shares of er;o;nai Ptani- an assessHent on
from, tbo l;ab;l;5,, t ssoh, uoes not Ieiease
shoras nf na,,1 W aeoySSnen. the other %
thers NOV ha l., tho H. "tnateter hardsnips
~ d;saas,s uo IA .no case' tne court Is unable
W " uisOoreI any leans OF equitable relief. Ii
,i.'5y ,,ohoy was pa,u IN on increased capital,
e,.o.t " Wy oupposi!lon tnat IN the