The sun. [volume] (Morris, Stevens County, Minn.) 1882-1895, 1889-03-21

Mr.. Bowen introduced q bill to require
railway companies to use automatic coup.
lers on their freight cars.
A bill introduced by Senator Dodge pro.
yides for characterization ofall thoroughbred
stock that may be offered for sale or service
in this state. The measure contcmplates
the appointment by the governor of u com.
missioner OF registry, who shall keep registra.
tiOn books in st. Paul in which shall be
registered not only the thoroughbred stock
of Minnesota, but of the adjoining states, il
the owners desire to have it registered for
purpose of sale in Minnesota.
HoUsE.-Mr. Diment is on the war path.
and the scalp OF the Manitoba system seems
to be what he is after. Whether he il to have
the pleasure OF removing it, remains to lie
seen. Yesterday forenoon he offered the fol.
lowing resolution which went over under no.
tice of debate given by Mr. Eastman:
Whereas, The st. Paul, Minneapolis &
Manitoba Railroad company was formed and
established under the laws of the Territory
and now State of Minnesota. to build, main.
tain and to that end said corporation was
authorized to have capital stock not ex.
ceeding $20, 1000, 900, with power to borrow
money and TO mortgage ali its property to
secure repaying thereo and in and by such
mortgages to provide for and establish a
q sinking fund with which to discharge the
same at or he ore maturity thereof; and
Whereas, Congress heretofore granted GER
tain lands to the late Territory and now
State of Minnesota for the purpose of aiding
in the construction of said public highways
and provided that said lands be held by said
territory and state for the use and purpose
aforesaid, and that the same should be sub
ject to the future disposal of the Legislature
thereof for said purposes and none other;
and
Whereas, Said trust was accepted by said
Territory and now State OF Minnesota and
said lands were by said territory and stat
turned over to said corporation subject to
said trust, to the end that the same and thu
proceeds thereof should be faithfully applied
to said purposes and none other; and
Whereas, Said corporation heret ofora
mortgaged all it's property, including said
lands, to secure payment al its bonds to the
amount OF 5000 900. and in and by such
mort cages established q sinking fund for the
discharge thereof, at or before maturity, by
specially setting apart and pledging the pro-
ceeds of said lands to that purpose; and
Whereas, Said corporation has also issued
its st took certificates to the amount OF $l5,
600, 600 as fully paid up; and
Whereas, Said mortgages were not made
or used to raise money wherewith to build
maintain, equip and operate said highways
but in part to wrongfully enrich divers in
dividuals then having control of said cor
poration; and
Whereas Said stock certificates were not
made or issued upon full payment of the face
value thereof, but to be distributed gratu
tiously among divers persons then having
control of said corporation, and without
payment of any amount therefor; and
Whereas, The proceeds of said lands have
not been faith 'ully applied by said corpora
ton to the discharge of said mortgage s
according to the terms OF said trust oil
according to the terms Of said sinking fund
provisions, but on the contrary Thereof
have been wrong.ully and fraudently ap
piled to the carrying on ofOther enterprises
and
Whereas, Said corporation in virtue o.
said fact has misused and abused the spe
cial purposes, privileges and franchises re
ceived thereby from said Territory ana now
State of Minnesota so that the people ofthis
state are now being called upon to pay ex
Orbitant and unreasonable rates for trans
portation upon and over said highways tC
pay interest on moneys never borrowed fol
the construction, maintenance, equipment
or operation of said highways. and to pay
dividends on stock which was never actually
paid IN; and
Whereas, The legislature of this state
and each branch thereof, is clothed with
power and under duty to examine into The
affairs and condition of said corporation fol
the purpose OF determining what shall b.
done Herewith to correct said abuses; nov
! therefore, it is
Resolved, That a committee of sever
members of this house be appointed With full
power and authority to examine generally
INTO the affairs and condition of said corpo
ration, and to that end with full power ant
| authority to administer all necessary oath
to the directors, officers and stockholders o
| said corporation. and to examine them OF
oath in relation to the affairs and condition
thereof, and to examine the vaults, safes
books, documents and papers belonging tc
said corporation or pertaining to it's affair
and condition, and to compel the production
of all keys, books, papers and document
according to the statute in such cases mad
and provided, and with all convenient speed
| to report to this house such examinations
with such findings and recommendations il
| that behalf as they shall deem proper,