Year: 1875




number OF the stockholders OF the Toledo. Wabash
and Western Railroad to-day to take to
resist the foreclosure Of the road by holders OF the
gold bonds. 1t was resolved TO appoint ''stock
holders Protective Committee who to estab
lish Office, employ counsel and prepare them
selves give any desired information to the road
The stock is TO be taxed fifty cents share and the
certificates to which the receipts for this amount arc
attached are TO be marked "assenting stock" and
II possible, placed the list OF the Stock Exchange
under this added The committee are authorized
70 receive any proposition which may be made by the
bondholders looking to amcable settlement


Rumors were prevalent concerning early proceedings
place Erie in bankruptcy, and IS said that the pa
pers prepared for the purpose We fail to trace the
gossip TO a trustworthy source.


The annual meeting OF the Boston and Providence
Railroad Company held in Boston to-day. The
gross receipts for the current year 1851 81
decrease from last year Of s1o6, ,o2o s. The ex-
penses however, but 81, 2l6,4 476 II, reduction
OF $67627 &C.


No further developments have taken place in the
pending contest between the Panama and Pacific Mail
companies.


THE TOLEDO WABASH RAILROAD.


At meeting OF the stockholders Of this company
to-day the following resolutions were adopted
where's the committee Tsprsentqg the hoders of the
pany have rejected proposal made In behalf Of the stock
holders Of said amicabe Of the
controversy between the two interests and
whereas, the proposal rejected only highly
catory but extremely liberal IN It's terms plating
did immediate contribution, the part said
stockholders Of Of money be used payment
claims against the company and the speedy settlement
OF the claim Of said o0ndholders and whereas the
their power and the bitter end the
Of the claimed 10 have been given
the payment Of said gold bonds; therefore,


Resolved. That Chairman meeting be and he
hereby authorized and requested to appoint sockhold
protective committee Of three to take such
be found 70 protect and defend
the lawful rights and interests of said stockholders


Resolved That the Protective Committee be and they
hereby authorized employ all counsel leaned
in the Law and such clerks and assistants may be
qured and that possible they designate office
holders may from time time apply for Information in
regard ~ the affairs ot the company.


Resolved That Il the desire Of this meeting that the
Protective Committee shall the
81 the stockholders sueh 81 his time he
veniently spare and that he be allowed such cOmpen-
sation for tile rendered the committee
shall meet and proper


be made by all stockholders who desire avail
themselves of the benefit Of any amicabic arrange
that may be hereafter made with the bond.
rived from the action 81 the Protective Committee that
ceips signed by the Chairman OF said committee be given
for all contributed IL pursuance Of this resouton
such receipts made transferable indorSemeut
shall known dssented stock and that the
o the York stock Exchange be notified II
these proceedings and requested authorize the call Of said
assented stock ~ the regular calls Of the Exchange


Resolved. That the Protective Committee be authorized 70
any proposition for amicable adjustment that
may be made u them BY the gold bondhoders during
the t cation, n appeal
q tie same % any other court or courts.