New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-18
RAILROAD INTERESTS.
INTERNATIONAL AND GREAT NORTHERN.
RECEIVERS APPOINTED BY THE UNITED STATES
corr,n, An n,1rEa nrr.,

4EUEIVERS APPOINTED BY THE UNITED bIALh5
COURT AT TYLER, TEXAS.
St Louis, Feb. IT (speclaD.-General Manager
s. II. II. Clark Of the Missouri Pacific was informed
BY telegraph that Judge Mccormack had appointed
Thomas r. Bonner and N W. Finley, Of Tyler, Tex,
receivers for the International and Great Northern
Railway. Two suits were fled against the company
recently, for S496, 800 by Jay Gould for money
advanced, and for 100000 by the Missouri,
Kansas and Texas Railway. The International and
Great Northern runs from Longview to Houston. Tex,
232 miles, and from Palestine to Laredo, AIS miles
There are branches follows: Houston to Columbia
80 miles Phelps to Huntsville, miles; Troupe to
Mineola, Al miles; Georgetown to Round Rock. 10
miles Henderson to overton, 1e miles. The COM
pany also leases the Galveston, Houston and Hen
derson, so miles. The company is consolidation Of
the International chartered in 1870 and the Hous-
ton and Great Northern, chartered In
1885, and opened to Palestine in 1872.
In April, 1873, at the suit Of the
second mortgage bondholders, the road was placed
in tho hands Of a receiver and 1t was sold to com
mittee Of the bondhOlders, by whom 1t was reorgan-
lied. BY the Of the reorganization, holders OF
the old Houston and Great Northern bonds received
$1,27s 95, and holders Of old international bonds
81 ,294 for each 81 900 bond. Payment was made,
onehan In new second mortgage 8 per cent income
bonds Ihe total issue OF Of new new trss morgase 0onos
debt 100000 or 1854 900 in all. OF the new
second mortgage income bonds "a 724 900 issued
to bondholders In the year 1881.
The International and Great Northern was .pur
Company the international aud Great Northern share
holders receiving two shares Of tho stock Of the
Missouri. Kansas and Texas In exchange for eac6 a
share s held Sy them SsHt T5s 9R @ sSck s tda
are sas, ,892 s74 The directors elected in April last
e,5 Rs' ssO BAKER ( Hopkins p RsS s S GSud A.
Evans, II. B. Kane and d. Y. MoOullough. Jay
Gould IS the president, and s. =. X. Clark Is vice,
Palestine, Tex
HALF RATES TO WASHINGTON BY THE PENN.
In order TO afford visitors TO the Inauguration
all possible privileges, and az the same time give
them the benefit OF the low rates which have been
fixed for THIS occasion, the Pennsylvania Railroad
Company win sell excursion tickets to Washington
on February 25, 20, 81, %, March 1, 2, 3, and A.
from all stations It's system. at single fare ior
or IN baltimore in either or both directions, thus
enabling by this route to Visit both cl1ss
for use until and Including March T. For information
as to the movement OF regular ana special trains,
and for specific rates from each station, apply 10
ticket agents Of the company.
MISCELLANEOUS RAILWAY NTEILIGENCE
PHILADELPHIA Feb. II (SpeciaD Arrangements have
been made by which passengers bound to the fnaugl
ration In March from New-York State and Northeast
ern Pennsylvania will bo brought over the Lehigh
Valley road to Bethlehem, thence over the Reading
system to Reading, and over the Wilmington and
Northern to Washington by way Of the Baltimore
and Ohio. In this way the route By way OF Phila-
delpha will be avoided and the heavy travel hero just
50 much relieved.
work on the connecting railroad between Rupert
and Bloomburg, Penn, Will be begun tomorrow
When completed 1t VIII gvo the heAlns Hno ="
bloomsbury
Columbus. Ohio Fob. II (speciaD.-The annual report
Of tho state Railroad Commissioner. completed to-day.
places number OF miles Of road in Ohio q; 10 227 L.
afQ A an in
crease OF per cent the proportion OF the debt for Ohio
being s2e4 1873 373 So increase Of 1912 per cent
The unfunded debt k s3$91e2e2 &C. the proportion for
Ohio being 315 00 increase Of 2S5T cent
During the gear s7 4o5 e3 paid in dividends
The gross earnings for the year were S0I 10
operating expenses $50 524 $50 70; net earnings $50
65a759 SO, decrease OF 4.59 per cent