Morning journal and courier., 1889-03-30
QUIET AT THE CAPITOL.
The Naugatuck Road Cannot Increase It's Stock-The Connecticut Western's Application.


 Its Stock-The Connections Western's Application.
 HARTFORD, Conn.,, March 29. ISpeciaI Correspondence of the JOURNAL. AND CouR-
 IER.l
 The railroad committee reported adversely in the Senate oday on the bill giving the Naugatuck railroad company power to in- crease their stock from S, ,000, ,000 to $5,000,- 900. The bill was in the form of general law to allow leased lines for seventy-ive years or more to increase their stock at will. The bill was rejected.
 The bill adding ten per cent. to the lists of people who do not put in their tax lists, and giving assessors power to make out such lists, was passed without debate.
 The Young Mems Republican club of Thomaston, the Mechanics club of New Ha- ven and the R. E. Baldwin company were incorporated.
 The senate to-day concurred with the house in increasing the salary of City Auditor Lake from $1 800 to $2, 800 and of Assistant Clerk Lindsley of the City court from S200 to $500. The house adjourned this morning at Il 80 out of respect to the memory of Frederick B. Way of East Lyme, one of the Democratic members, news of whose death was received 5CSo4OA4s were passed by standing vote and remarks eulogizing the decedent made by Rspresenta- tives Glover and Hyde.
 The House rejected the amendment of sec- tion 3. 473 of the statutes so that no railroad can be leased without the approval of two- thirds of the capital stock.
 THE CONNECTICUT WESTERN HEARING. The railroad committee sat late yesterday on the petition of this road for power to issue $2 1000, 900 in bonds.
 City Attorney Prentice appeared in behalf of Hartford, according to the vote of the city council; and Lawyer Charles J. Cole appeared in behalf of several stockholders who believe that @ bond issue will depreciate the value sented by Director Brock of Philadelphia, Director Gay of Winsted and other gentle men of the present management Lawyer Cole called for the petition of the company and inquired whether it had been advertised. Director Brock re- piled in the negative and held that advertise ment was unnecessary. Messrs. Cole and Prentice called attention to the railroad law and argued that an omission to advertise was fatal; that the petition was not, therefore, legally before the legislature and could not be considered. Lawyer said that this oHis- sion could not be passed over. The Consoli- dated road and the Hoasatonic road are both before the legislature asking stock increase, and their attorneys had been careful to com ply with the law as to advertisement. In their case, too, the stockholders will have a benefit because the new stock may be taken up by the stockhold- CTS. But in the case of the Connecticut Western it is proposed not to benefit the stockholders, but to do them an injury by mortgaging the entire stock interest. The Philadelphia gentlemen control a majority of the stock, but the rights of the minority are imperiled and they demand full compliance with the law in every respect.
 The committee had brief consultation and decided to stop the hearing until they had time to consult authorities and decide upon Lawyer Coles objection. They an- nounced that they would notify all parties interested in due time.
 SUDDENLY ATTACKED.
 Benjamin Nye, representative from Leba- non, was suddenly taken i'll to-day and faint ed. Restoratives were successfully applied. He is seventy-one years of age.