8 Continued from the First rage." act, for a company whose name was studiously kept out of view. This 1b a sort of Canadian reciprocity. itU the benefit on one side. But tt this view be correct, still the Pennsylva nia Charter ot the Atlantic and Great Western Company remains, and we have it before us. .. The Littlo Schuylkill Railroad Company was lacorporated by an act ot 81st March, 1831 (P. Laws, p. 169). Ia 1819 its name was changed to the Catawissa, WiUlamsport, and Erie Railroad Company. By an act or 21st March, 18G0 (P. Laws, p. 234), and a ludicial sale of the said railroad, the whole became vested in a new 'company called the Catawissa Railroad Com pany, which Company, by an act of 10th April, 1861, was permitted to mor'gage its road for $250,000 (P. Laws, 1862, p. 397). On the Slst of October, 1860, the Sunbnry and Erie Railroad Company entered into an agree ment with the Catawissa Railroad Company, whose road extended from Tamaqua to Milton, theoblectof which was that the Banbury and Erie should furnish sufficient motive power to hanl over their own road between Milton and Williamsport all the passenger, express, and bageage cars of the Catawissa road to and from Williamsport, upon certain terms and conditions there mentioned, and this agreement was to continue in force for twenty years. This ayree roent paaned to the Philadelphia and Erie, and the Pennsylvania Railroad Compaay, under their contract and lease. In th.B state ot affairs, on the 1st Novembsr, 1865, the Catawissa Railroad Company of the first part made a contract and lease with the Western Central Railroad Company of Pennsyl Tama and the Atlantic and Great Western Rail way Company of the States of Ohio, New York, and Pennsylvania oi the second part, by which the party ot the first part leased to the party of the second part their road and property for the term oi 9U9 rears. The legality therefore of this contract and lease depends upon the construction of the three Acts ol Aesembly referred to in the commence ment of this opinion. The first is "An act in reference to running of locomotive engines and care on connecting railroads," of the 13th ol March, 1847 (P. Laws, 337), which enacts that in all cases where two railroads in this Commonwealth are or shall be connected, it shall be lawful for the company owning either of the said railroads (with the consent of the company owning the other of the said rail roads, to rim its cars and locomotive en gines upon said other railroad, and to erect "water stations and other buildings for the due accommodation of the cars and engines em ployed thereon. Provided, that nothing herein contained BhRll bo construed or interpreted to release or exonerate any company owning a railroad from the obligation and duty which may be imposed by existing laws of transporting, subject to the rales and regulations of said com panies, by locomotive steam engines, the cars, whether loaded or empty, of all persons and companies who may require such transportation, over and along to much and such parts of their railroad as locomotive steam engines, shall be run upon, whether they bo run by the company wning the road, or by any other company. This act clearly contemplates mechanical con nection, for the roads then were all four feet eiglit and a bait inch narrow gauee roads, which fitted into each other, so as to form practically but one road. That this was the true meaning Is 3im j t-e eignta section of a supplement to the act incorporate the Sunburv and Erie, passed 27th March 1852 (P. Laws, 188) (Act 27th March, 152), which provides "That the said Company may run their ctrs and locomotives upon the said road aad its branches, and over any other railroad which at any time may con nect, either directlv or by means of other rail roads, therewith in such manner as may form complete railroad connections between the citiea of Philadelphia and Erie," clearly intending an actual mechanical connection, and not a mere business connection. The act ot March 29, 1859 (P. L., 290), ia a supplement to an act in reference to running of locomotives and cars on connecting railroads, approved March 13, 1847, and it enacts that that act ehall be so construed as to authorize com panies owning any connecting railroads in the State of Pennsylvania to enter into any leases and contracts with each other in respect to the use, management, and working of their several railroads. Provided that tho company so con tracting for or leasing any such railroad may have the right to fix the tolls thereon, but not at a higher rate than Is authorized by the charter of either of the said raiiroad companies. This also undonbtcdly means mechanical con nection, for it merely enlarges the powers of the roads included within tbe terms of the original act. But there might be an intervening road connected mechanically wiih both roads, and the roads at either end could not contract with each other because not connectlug directly, and this occasioned the last act of 23d April, 1861 (act of 23d April, 1861), entitled "an act relating to certain corporations" (P. Laws, p. 410), to pro Tide for this case, and to e stand the powers of such connecting loads. It enacts "that it shall and may be lawful for any Railroad Company created by and existing under the laws of this Commonwealth from time to time to purchase and hold the stock and bonds, or either, of any railroad company or companies, chartered by, or of which the road or roads is or are authorized to extend intos, this Commonwealth and it shall bo lawlukjor any railroad companies to enter into contracts for, the use or lease of any other railroads upon such terms as may be agreed upon with thecompany or cotnpanie owning the same, and to run use, and operate each roads in accordance with such contract or leae; provided that tlie roads of the companies so contracting or leasing shall be directly or by means of intervening railroads, connected with each other. The word "connected" has in this law the same meaning as in the two preceding laws. If you leave out the interposed words, and read it "'directly connected with each other," this is beyond doubt, and the interposed words must receive the same construction. The effect is, that if there is an intervening railroad, It and the other roads at either end must all be me chanically connected, which can only be when the gauge of all the roads is tbe same, so that the same cars and locomotives may be run ovor nil of them without change, obstruction, or delay. In considering the evils of a break of caugo, we not only have the positive evidence of our senses, but the opinion of a very able eeatlemun a former President of one of the defendants' "The immense and decided superiority," said he "of the Sunbury and Erie route over the others, in consequence Of its freedom from the necossity of frequent transhipments, will not bo suftl ciently appreciated by those not familiar with railroad trufjic and a change of one, ton of mer chandise trom one car to another is abiut equal to the cost of transporting it fifty miles;" what would be its practical effects upon n ton ot coal? Tho nnt r1 I'nmrvoau nf tn 3d if Mnmli 1Qi."4 to establish the gauge of the Pacific Railroad anu us Drancnes, nas enaciea, "mat tne gauee of the PuciHc Railroad and its branches through out their whole extent, from the Pacific coast to the Missouri, shall be and herebv is established at four feet eight and one-half inches," a most wise and prudent measure, which should De lollowea by the btate and tbe gere ral Government in sanctioning any future rail roads, and the exceptional guae of four feet ten Inches, should be reduced to tbe standard guaee ol the country. The advantage of a uniform gauge such as that of the Pad lie Railroad, over the whole of the United State', would be Incalcula ble both in peace and war, as the tame locomo tives and cars could bo used on every road in the Union. t I cannot undei stand how a six feet guage road rnnning through our State, and crossing a nar row guage road, with which it mechanically cannot connect, can be callod a connecting road. I am therelore of opiuionj that the Atlantic and Great Western Railroad Companv, and the Cata--wissa Railroad Company are not "directly, or by means of intervenine railroads connected with each other," and, of course, that their agree ment, of the 1st of November, 1866, is entirely nun ana voiu. But supposing this to be the case, it is said that the con-mlainauts are not entitled to take advantage of its Invalidity, because they have no uch interest as enables thou to apply to a THE DAILY EVENING TELEGRAPH. PHIL Conrt of Eqnlty for the exercise of its equitable powers. In Andrew Scott's bill ngninst tho defendants, it wts sworn on their part, that he was not a stockholder in the consolidated company, but he exhibited a certificate of stock showing he was a bolder of twelve shares In the Atlantio and Great Western Railroad Company, the Pennsylvania corporation, and tbe only one I can recoirntze. It was then the ordinary esse of a shareholder in a company asking the interposition of a Court of Equity, to restrain the commission of acts which were ultra vires. I thought this was settled in the case of Fanfbra vs. Railroad Company, 12 Harris, 378, where the plaintiff was the bolder of only ten shares, and wa the member of a rival Express Company, and had purchased the stoctc for the purpose of filing the bill. It was held there that the contract made by the Railroad Company was against law and void, and it was ordered to be cancelled, and delivered np. In the case of Gratz v. Pennsylvania Railroad and Philadelphia and Erie Railroad Companies (5 Wright, 442), the suit was by a single share holder, brought to restrain acts alleged to be ultra vires. As several cases in England have been cited by (the defeadants, aad the question has been argued at length, I shall consider them briefly, to seo whether we have bean In error in Penn sylvania. In Sparks ys. Southwestern Railway Company, 1 Small fc Gifferd, 142, Vice-Chancellor Stuart, on the 14th of January, 1853, held that the plaintiffs having been aware of the intention to construct the line, and not having applied with diligence, the court would not grant the Injunction; and at page 166 be says: T'Ko donbt it has been held iu several cases that the mere fact that the plaintiffs are shareholders in a rival company is no reason tor the court in a proper case refusing its aid to prevent the Violation of contracts. "But where the fact is established that under the pretecse of serving the interests of one Com pany, the shareholders in a rival company by purchasing shares for the purposes of litigation can make this Court the instrument of detesting or Injuring the Company into which they so in trude themselves in order to raise questions and disputes on matters as to which the other mem bers of the company may be agreed, I cannot consider that in such a cas,e it is the province of the Court ordinarily to interfere." This is not the case before us, taking the language in its strongest sense. In Rogers vr. Oxford, etc., Railway Company, 2 De Gex and Jones, C62, the bill was filed by a cleik of a rival company, who had made him a shareholder with a view solely to their own In terests, and tbe case was beard and decided on the merits against bim, the act complained of rot beine ultra vires. Lord Justice Knight Bruce enid : "But if on the legal point there is room for doubt, the circumstances do not in my judgment Tender imperative on me court to act againtt the Company." In Forrest vs. Manchester, Sheffield and Lin colnshire Railway Coananv, 30 Bevan 40 (30th May, lf61), where the plaintiff, who held 82 of stock of the Railway Company, had an Interest amounting to 3UU in a packet Company, whoso profits were Interfered with by the excursion traffic of the defendant, he was also a Director ot the Packet Company, and the Directors directed the institution of the suit, and indemnltiod him against the costs. The Master of the Rolls decided the case on the merits against the plaintiff. Unon anpeal Lord Chancellor Woodbury on the 13th ot July, 1861, affirmed the decree of the aiastcr of the koiis (2 Jurist, JS. K., 887) not upon the ground taken below, but entirely upon that of personal exception to the character of the plaintiff as being the more puppet of the packet company, who naa directed the institu tion of the suit. In Hare vs. London and Northwestern Rail way Company (2 Johnson & Hemming, 80), Vice Chancellor Wood, ou the 11th of June, 1861, held the agreement complained cf was not ultra vires, and it was queried whether the plaintiff as a enarenoiaer in one company naa, witn iuti knowledge, received profits under an agreement between that compuny and others, can after wards, on purchnsing shares in one of the other companies parties to the agreement, sustain a bill on behaif of all shareholders in such com pany impeaching the agreement as ultra vires, . . 1 1 1 r ii. iti 1. i wore especially n n appears mm ue is renuy suing in collusion with one of tho companies parties to the agreement. l nave siacea ruese cases in actau to Enow mat the case before the court has no features in com aon with them. In the leading cases of Coleman vs. The East- J ern Counties Railway Company,' 10 Bcvan ; Lord Lancdale. on the 17fh November. 181G. w here a plaintiff filed a bill in behalf of him- sen ana otner stociciioiaers in a railway Rom any, to restrain the Directors committing a reach of trust, and it appeared that he was suing at the institution of another rival com pany, held that this circumstance was not of itseii surncieni to prevent mm irom ODtair.ing a special iniuction on the merits of the case. in liagsuaw vs. tasiern union ltau way Rom any (6 Railway and Canal cases, 152) Vice Ihancellor Wleram and Lord Cheltenham held that the holder of two scrip certificates might maintain a bill against the Compauy. L. Simpson vs. Westminster Palace Company and Sir C. Wood (House ot Lords cases, 212), the bill was by one individual, the holder ot filty shares; and in Government A ttor-General vs. the Great Northern Railway Company (2 Law Times Report. 6ri3), Vice-Chancellor Kin dcrsley, said, p. C56, "A single shareholder, even it 6i)'J out ot oou snarenoiuers agreed to carry on a different business in addition to the rail way business, and it was clearly for the benefit of the company, and it it was .clear that they had made ; enormous profits from doing it, and were continuing to derive those nrofits, a siuirle shareholder has a right to pay That is not our contract among ourselves, you shall not do it,' and he may come and get an Injunction. I may here observe with refer ence to some of the observations made by Mr. Stevens, that it is perfectly immaterial what is the motive of the party in coming. "In the case or the Eastern counties, at tbe Rolls, where the company were engaged in esta blishing packets to trade from Harwich to the Continent, I think a single individual, or one or two individuals came, and it was proved to demonstration that they were persons who had actually bought their shares in the tail way com pany for the purpose of preventing this, because they belonged to some rival steaia packet company. But the motive has nothing to do with the matter; it is against law, it is against the contract between the shareholders, and it is against the contract which is made between tho public and the company, when tbo company Is incorporated for the purpose of carrying on their business as railway carriers. It is therefore illegal, and in effect, though not in terms, pro hibited by the law to a railway company." The whole of this opinion ts mot instructive as to tho absolute necessity of the public good, that these powerlul railway corporations should bo kept strictly within the limits of their charter. Everything bevona these limits is prohibited, the very doctrine established by our own Court. In Hatterslev vs. The Earl of Shelburne (31 Law J., ch. 873), which was a suit by a tingle shareholder, a railroad company had entered In'o an agreement to lease their liue to auother company, and tho upreament contained provi sions which were legal, and others which were ultra vires, but an application was to bs made to Parliament for power to carry out such provi sions as should be ultra vires. It was held in thatcape bv the same learned Judge (38 July, 18(52), that as the njreement provided for a num ber or things to lc aone, wnicn were an lor the rurnose cf accomplishing a certain obiect which waa u'tra vires, the parties had no right by virtue ol that agreement, until they had obtained the aiiihor.t of Parliament, 10 do even those acts which, independently ot tbe agree' nent. thev did not n-auirethe autboritv ot Par lianiexit to do. "Bin I apprehend' said the Vice Chancellor, p. R78, "it is pertectly clear, that if there was in this agreement no provision for an application to Parliament, so far as the asfistunce of Parliament is roqaired, such an agreement as tUw would be entirely ultra vires, and illegal, and I think that according to the Erirclpla of limn an vs. Rb fiord, lollowed as It as been In otter ciwos, this court will not allow anv of the acts w lil'-b are acreed to be done by lhat illegal agreement, merely because inle- pendently of the asToement some of these acts might be done. I think that - principle is estab lished, and It Is a principle which commonds itself to one's sense of right and justice, that although a Company may do a certain act inde pendently that company is not to agree to do mat act as part or a scries ana collection or acts to be done lor the purpose of working out an Illegal agreement. fc.lt was oblected to the plaintiff that he was not a bona fide plalatlff, bat intended simply to subserve another company, but although the v ice-Chancellor eaia ne oouia conceive air. Hatterslev mav desire to favor the interests of another oompaay, yet he considered blm enti tled to maiutntn the suit. He was in fact a dis carded contractor who had quarrelled with the company he sought to enjoin. in Hansen vs. ine maiana ureal western (Ireland) Railway Company (82 Law J. C'h9 613), Vice-Chancellor Wood (3d June, 1863), on a bill filed by shareholders, granted them relief against the pets tf their directors which were ultra tires: and In White vs. Cacrmarthen and tfnl.M Ob!U. ilAm..n 141 T T f'U AQ the same Jndge held (November 1, 1864) that a suarenoiaer suing a company ana tae airec tois for a breach of - trust must sue on behalf of himself and the other shareholders. The reason assigned by him is that "it would be a most Improper arrangement to allow a bill to be filed by one person with an in tent that 300 or 400 shall be summoned in chrm bers by notice of the decree being given, when meiormsot tne court plainly auow a Din to be filed by him on bohalf of himself and all other shareholders. If the plaintiff Is right in saying that it Is ultra tires, it does not signify whether all the other persons wish it done or not. because where it can be assumed to be for the benefit of everybody, the party may sue on bohalf of him self and all others, except the persons he charges wun raisconauri." The result of this examination of the authori ties clearly shows that Andrew Scott had a clear right to institute this suit in order that the com pany in which be 1b a stockholder may be res- trainca irora acts wnicn are illegal and ultra tires. Tie next question U. have the Philadelphia and Erie Railroad Comnanv. and of course their lessees, the Pennsylvania Railroad Company, such an interest in the subject-matter of the con troversy as entitles them to the interposition of a Court of Equity in relation to the contract of the 1st November, 1865, and the parties to it, tho acfendants In ttose proceedingsT The Cata wissa road Is a connecting road with the Phila delphia and Erie, and under the acts of 13th March, 1847, and 29th March, 1859, they are inti mately connected by the contract of 31st Octo ber, 1860, for a period of twenty years. This contract embraces the running of the locomotives and cars of the Catawissa uoon the other road, and the use, management, and working of these several roads, and was neces sary for the successful management by the Catawissa of tltrtr through line between Wil linmspcit and IlitUadelphia. The contract of the 1st of NovembtT last transferred all the right, property, and franchises of tbe Catawissa to the Western Central and the Atlantic and Great Western, and left nothing to the Catawissa but the shell of a corporation. This contract is founded upon the hypothesis that the uatawiesa ana the Atlantic ana Great Western are connected with each other by meant of the Philadelphia and Erie as an intervening railroad a quettion in which that Company have a very aecp interest. As it is clear that the contract of tho 1st No vember last, is illegal and void, and ultra vires of all the parties to it, can it be said that the in tervening road which has so important a con tract with the Catawissa, has not a direct and positive interest in preventing illegal acts by Illegal assignees In relation to ibis contract and the working of its road which can only be effected by the restraining power of a Court of cqunjt i cannot aouot iaai mis is sucn an ir.fiu-eAi. ftfl a Court of Eauitvwill nrotect. nnr. ticularly where the intervening road is not to be nsed according to the intention of the Legisla ture, but a new and hostile road is to be con structed to connect with tbe leased road. Tbe Atlantic and Great Western has no autho rity to contract to build the railroad specified in the contract, nor has the Western Central, for by the Reading contract it was thought neces sary to add another company to complete the route, ana is is perfectly certatn that the cata wissa had no authority to enter into such a con tract which on all hands was ultra vires. Hgrnpatb's Railway Journal, May, 18G5, page 383),ays: "A gentleman who takes a very active part in railway affairs said sometime ago, at one of the railway meetings, that the 'gauge' was the Great Western's master evil. It is, however, an evil that will be mastered. The great evil of it, or rather of the adoption of two different gauges in the country, was the expensive battle of the gauges which was fonght some years ago, and the interruption of traffic a break of gauge natu rally causes, it it is desirable to ciiange the broad into the narrow gauges all overtheGreat Western system it can be aone gradually at no cost or waste, or very little a broad can be easily turned into a narrow guage bv the addition of a single l ail inside, farming the mixed guage broad aad narrow. But a mixed guage is rather more expensive in maintenance than a purely narrow guage. For mineral and su burban traffic, and for railway extension, the narrow is decidedly preferable to the broad guugc. in our opinion it is a pity the broad guage was ever Introduced into South Wales,' and we think the narrow should be as rapidly substituted lor the broad there as can be conveniently aone. ' "The Great Western is now as much a narrow as a broad gauge railway up to the end ot lost January it had more goods engines on the unilun iuoii vu ti.it? uii au uuv, vuw ico ?U3- Eengcr engines of tbe broad gauge. Of goods and pasbeneer engines the Company then owned 360 broad and3G7 narrow gauge engines, but new engines are, we believe, being constructed on the narrow guage. The number of carriages ana wagons tbe company naa at the end ot Jan uary last was 6797 broad guage, and 10,043 nar row; so that here already the narrow guage vehicles outnumber the broad. In the year from January, 1864, to January, 1865, the Company increased their broad guage engines by 11, and their narrow by 36; their broad carriages and wagons by 11, and their narrow by 821." "By gradually reducing tbe area of the broad gauge working, and confining it to those dis tricts where the piosenger is the principal traffic (and passengers fccdo to rather prefer the broad gauge travelling to tho narrow gauge), the change may be effected without the warto ot car nage, a truck or a rail for tho purpose! of maintenance, yon niujt constantly make new carviige, engines, and rails, and the renewals may be mado of the narrow instead ot the broad gauge. Thns the Great Western may be gradually changed as tar as it needed (or even entiiely) from a broad to a narrow gauge without waste or loss, and even with gain in the working expenses compared with the pietcat' rate, tor there is no question that a heavy minerals and goods traffic can be more economically conducted by means of a narrow guage liue and stock than a oroad. There is no question that freighters prefer the narrow to the broad guage, especially where they have to supply their oiwu trucks, and have dealings with distant parts of the country, reached only by the narrow guage." Where acts have been done by corporations so entirely illegal and In such utter violation of tbe well-eetabllshed policy of the State, I think It is the duty of this Court to exert the power eutrubted to It, at the suit of any one having fuch an interest, however small, as entitles him to equitable relief. It 1a tho interest of the public that these unauthorized stretches of power of great corporate bodies, who are some times controlled by a board throe thousand miles distant, should be restrained by the arm of tbe law. Tbe true object ot the Atlantic and Great Wecteru, viz., "a great through route to New York city," is ocenlv avowed in the Catawissa contract. If it had been a scheme for Philadel phia it would have connected at Lewisburg with the Philadelphia and Erto, and by it have reached tbe metropolis of the State. Tbo contract with the Philadelphia and Read ing falls with the contract with, the Catawissa, and this has two singular features in it one the contract to build roads and bridges, for which they have no authority by law, and the other to ADELPHIA, MONDAY, FEBRUARY 20, 186G; make subscriptions tor obeots not contemplated by tbe Pennsylvania charters of either of the two contracting railroads. The real obectln this agreement is the tame as in the Catawissa. But the whola contract is ullra vires. I see nothing In the various points and objec tions of tbe learned counsel of the defendant to alter the views I have already expressed. I do not regard It as enforcing a forfeiture; It is sim ply declaring an act contrary to law and re straining it and thus saving the parties from any forfeiture. As I do not intend to tonch the con tract of 31st of October, I860, nor to express any opinion upon the points presented by the plain tins in their second prayer for relief, t do not see how the provision permitting a reference as to dlspntes under the contract ean interfere with the present proceeding. i Ou the 10th February instant, the Chief Jus tice delivered an opinion In the Lehigh Valley Railroad Company vs. the Lehigh Coal and Navigation Company, in which he says: "Tbe bill and affidavits profess the corporate purpose to reach tbe Wyoming coal Held, and their char ter requires them to connect with toe Lehigh aad Susquehanna Railroad, and by a connection I understand such a union of the two roads at some point as to enable cars to pass from one road to the other for business purposes. Such a connection must be made with the Lehigh and Susquehanna Road, and must be lorroed by the plaintiffs, before they finish their work, but I make no account of the faot that they have not vet selected the point of connec tion, nor disclosed it in tbe bill and affidavits," (In the word "cars" the Chief Justice includes locomotives.) This strengthens me as to the cortectness of my opinion, for both of us have arrived at the same conclusion without consul tation with each other. In the Passengsr Rail way asts the word connection is used in iu me chanical sense. Mr. Smith, the President or the Reading Bail oad says, in his aflldavit, "Car trucks con tracted lor a track of lour feet eight and a half inches guage, can run upon a track of tour feet en inch guage, provided the wheels are made with a bioad tread. But it is impossible for cars .specially constructed for a track of four feet ten inch guage to run upon a track of four feet eleht and a half inch guage." In none of the affidavits Is It alleged that thelocomotive ot one road can run on the other of either of these guages. This clearly establishes the entire and complete uni formity contemplated by our acts of Assembly, for the locomotives and cars are to run over the connecting roads. When General Grant took Petersburg, and pushed on after General Lee, he ordered his supples to follow blm by rail. The road from City Point to Petersburg was the regular narrow gauge of C6 inches, but It was found the road trom Petersburg to Burksville was a five-foot guage, and the construction corps at onco altered it to the regular narrow guage; but this ( aused a temporary but serious stoppage of sup plies. (See appendix B.) ' Upon looking back to 1863, 1 find the excep-' tlonal guage of 5 feet 6 inches (the -Canadian guage) advocated on the same grounds that Mr. Brunei selected the broad gunge for the Great Western by the friends ot the Portland and Mon treal roads. "In addition to all this there are some hun dreds oi miles of connecting roads on the same guage in Canada, that are tor all practical pur poses just as valuable to our road as if they were embraced in the same Company. Looking beyond the western limits ol Canada the same line ts to extend to Lake Michigan at Grand Haven, 1000 miles from Portland west, while at the east a branch will extend to Quebec aud Trois Pistoles, the gauge of our road receiving ic from being tapped on the south, so that passen gers and freight seeking the Atlantic seaboard or Europe, w ill naturally continue on the line trom its Western terminus to Poitland." "A system of railroads occupying an independ ent position by the difference of gauge from all the narrow gauge railways south ot it?' .Uniformity of gauge propoes the. same ad vantages as the interchangeable Springfield miieket, each part of which will fit any musket nianuiactured lor yeais oacK wun one unitorin gaugo the same locomotive and car could be run upon every roaa in our country. . t I have had the assistance of very able argu ments on both side?, which have oovered a greit deal of ground, and must form an apology for the lensth ot this opinion; all the counsel were of the Pennsylvania bar, two had been Judges of this Court, and one of these, with an r her eminent gentleman, had occupied high executive Eositions at Washington, vthllbt the others, mem ers of our 1 hiladclphia bar, are distinguished lor their learning ana ability, tdib nas neces sarily increased the responsibility of the Court in tonsidering and weighing the various argu ments addressed to me upon the law, and also as to the discretion to De- exercisea c-y a uourt of Equity in granting a preliminary injunction. I am of opinion with the plaintiffs (the rail road companies and Andrew Scott), that their first prayer for relief is well founded, and that the contract of the 1st November, 18G5, ia in valid and voil. I express no opinion on tho second prayer of the plaintiffs, but grant the fourth prayer and such part ot the third prayer as is consistent with the fourth prayer, and is necessary to carry it . into effect. The second prayer In Andrew Scott's bill Is also granted. Let decrees be drawn in oonformity to the above. , ArPEirorxfA.) Herapath's Railvay Journal. Soptember 9. 1836. p. 971. At the sixtieth balt-yearlv ineotlng of 1'ho Great Wsstcrn Company on the 7th of September last, the Chairman saia: ."It is with great regret that wo are not able to propose to you to-day a rut n of dividend tlinu two percent, uor an num. - About the lime ot the cessation of tne civil war in America, tnere wis a considerate lalliup cfl in one or two large branches of the trallio which came upon yon i line. , .. . "the mtieri trad from South Wales, espoclally in steam coal, wat largely diminished bv the aiiddan of the demand for btockado-runaeri." The cert of muititaiuiDg the permanent way was in creased by tbe substitution of the improved cross eifccpura and tih-joiuloU raiis for tho old Bar ow railt. "The rzpeinies ot the maintenance of tlio permanent way and work of the Great Western Railway re ht avy from these causes; in tho Urns p aco, it is more expenaivo to miiiitalu a mixed eaue, of which wo have 220 mile s, than oituer a broad and narrow cauire sepainteiy." And he adds, "An to uie iron iraino, tney naa been excluding from their tai.s not ouly the coal traffic oiNorth Wales by prefrontal ratos, but also the Kouth V ales coal b jeasoir of ilie break of guune." APPENDIX B. 'TlioRouce of the Richmond and Danvil o, and fiouth Niiie (or Petfttiburu aud Lmohburji Itailroa-i is now ana was durinv a 1 the war, the samj Uyj (5) fcer. Alter the reiuement oi General i oc' arm irom the line! mound this place and hiolinioml, Uie euae oi Ihe Lynchburg .d leteffiburir load wan narrowed io4 Icet 81 iuo..e, ir-mi City P in- to tuo junction witu the l)anville road, by tho federal authorities as th y progressed inwards. Tlio P.ed n:nnt. mini una of tho naiTO'V or t loat 84 'Uolies auaee duin.if ihe war, while tho UaHVillo roaa was oi tlie live (6) feet guaao, and fn conBcqucuoe iheio wap a break oi ouU at uanvine. This ditlcrixce in tho paugo wa lnsnteJ on bv the State of North Carolina to prevent a deviation of the trado and truvtl trom tne in terior ol the btute. Thwt Ktaio hns but resent ly C nstnted to the widening ot the gnago of th s ad to tho eunie widMi as that of the Duuvllle ro mnl Ibid difference of gauge at Danville was of in calculable disadvantage auriLK un? win. :u much so that the Confederate authorities had determined to widen or harmonize the gnuso of tho i'tcdmont roal with tutu oi me umi- TLe disadvantages of break in th-J gaugi ore incalculable, not only preventative ot all mo ohniiiKui intPTconiPH between tho motive power or rolling ftock ot the two roads, but of proper despatch ana economy in nra cuhmwuo . "' portation of passenger and tonuage as betwueu connecting roads. ; New Yoik Bank Statement New Yobk, February 2C Tho Bank Statement for the week ending on Saturday, show: A 4iuf Inana M.202 (W0 A decrease of escalation r?J"'j5!! A decreaw ot deposit 0.M5 HHfl A decrease ot leal tenders 8 tfz l An increase of rpeote. , 8,Uj0J3 FROM FORTRESS MONROE. Fortress Mohrob, February,24.--The steamer Evening Star, from New Orleans, February 7, arrived here this morning, with the 1st CT. 8. Colored Cavalry, 656 mea, under the command of Lieutenant-Colonel W. n. 8clp. This regiment was organized in December, 1863, and was recruited in the vicinity of Camp Hamilton, two miles from Bed Point, Virginia. Under the command of Colonel Jeptha Zerrard, who subsequently retigned, it participated in the memorable operations on the James river, as part of the 25th Army Corps, up to the siege of Petersburg, and was sent to Texas about the middlo of last June. Since that time the regi ment has taken an active part In the army in Texas, under Major-General Weitzel, and has at various times been stationed at Brazos, and on the banks of the Rio Grande. The troops dis embarked from the steamer Evening Star, and were marched to their old place, Camp Hamil ton, whence they will be transported to City Point to be mustered out The following ts a list of the officers, the rest, with about fifty men, having been mastered out In Texas: ' Lieutenant-Colonel W. II. Seip, Captain Charles Schwartz, Lieutenant G. Page, Acting Adjutant; Lieutenant Charles II. Labcau, Acting Quarter master; Lieutenants A. M. Spencer, F. W. Smith, and F. Ohlenberger. The 22d 61 February was celebrated on the Evening Star, off the coast of Florida, by the officers of the regiment and the passengers, In a very creditable manner. A procession was formed, beaded by the band of the regiment, and marched around to the forward part of the ship. Speeches were delivered by the Hon. J. B. ElchardBon, of Miss.,andby Dr.C. F. Gardiner, of Boston. Washington's Farewell Address was read by Colonel Seip, and an elegant collation was pur taken of by the passengers. The steamer Guiding Star was to have left New Orleans to-day with the 2d Regiment of United States Cavalry, under the command of Brevet Brigadier-General G. W. Golo, ako en route to City Point to be mustered out of the ser vice. In anticipation of the arrival of these colored troops at City Toint, Colonel William L. James, Chief Quartermaster of the depot, directed Cap tain A. II. Comstock, Assistant Quartermaster, to assume chaigo at that post, and no delay will occur In shipping the troops from here as fast a3 they arrive, and quarteilng them at City Point. The barque 'Welkin sailed, to-day far Liverpool with a cargo of cotton and tobacco. The steamer City of Eiclimond, lately on the line between Norfolk and Richmond, has been sold, and will shortly start for New York. Permission has been received at Norfolk from the Treasury Department to open a bonded ware house there. i ' . Jlr. F. C. Clarke, brother of the defaulting banker, who left Norfolk under such mysterious circumstances about a week since, was arrested there yesterday. The ' Uidted States revenue cutter Kankakee, which has been stationed here for three years, leaves on Monday for Philadelphia. Her placo w ill be supplied by the revenue cutter Moocasin., FINANCE-AND OOMMEUUE Office op toe Evbnino Tbleobapa-, ) . Monday, February 26, 18J6. f Tho Stock Market was very dull this morning. with the exception 'of Railroad hhares, which continue the most active on the list. Catawissa sold largely at 3232i for preferred, a slight decline; and 23;253 for common. Thi do cis on of Juace Read, which is pgainst too above road, will be found in another part of to-dey's paper. Readina sold at 50, a slight advance; Philadelphia and Eric at 29J; Northern Central at 43 Camden and Amboy at 117J, a Might decline; and Pennsylvania Railroad at 60i, an advance of i; 31 was bid for Little Schuylkill; 63J for Norristown; M for Minehill; 3G for Noith Pennsylvania; and C2 for Lehigh Valley. A In Government bonds tbero is Ie3s doinir. 7-308 sold at S9J; 104 was bid tor 6s ot 18 Si; 102J lor 6-20s; and 94 for 10-403. Citv loau-i are unchanged; the new issue sold at 91J. H ARPfcn, Dttrsey & Co. quote as follows i Buying. Sell ng. American Gold 13 j lo7 American Silver, As and is 1-U Mi American Silver linne and Half Dime 127 128 I'encsvlvania Currency J f New Yctk Kxcoanire 1-29 par. PHILAD'A GOLD EXCHANGE QUOTATIONS. 10 A. M 1865 12 M 137 11 A. 11 llGf : 1 P. M 137 rHILAIiEU'lllA STOCK EXCHANGE SALES T')-I).Y Koportod oy De Haven & lira. No. 40 S. Third street FIRST BOARD. f SCO D S 7 t0i.Juue WS, luO u Cat pt 8i frGOOC'ityosmun.. . J4 KiOO Koadiun 6a, 70. 9bi 100 sh do 06 82, 600 -n '200 sh 100 tli 400 sh 100 sli 200 sh lou sli 100 n 200 nil do Io b 82 600Bcu Mav Loan. bZ do..its..&a. 82J do 82 dj iuU..i10 82 do sUI 8;j do tb. M do 830 824. H(.C0 i &A racBf. 83 fc6 100 en Kcauinr...30J 50 1U0 eta ca.a pi 82 loam do .t6. Si l'JOth 10(1 sli 200 sh ItOi-li IdO sli 1(0 sh 1(0 rh 200 eh 100 eli 100 sh 100 B'l II 0 sh 1 0 'ill KOtii It 0 th 11C tu no d.o do ;i UCiotsblO i'o ..slOu 82g) ' d 0 Wi do 84 do 16 &3 I oi;....lots. 32' do t5 i do 82: do blO 82i do 82 O....I-10. . 82 do 321 co. tlOun &i do ..t-lOwu a H O sh Catawmsa .... 2 j 100 sh do 2of 100 gb do 2j 2bIi 1'liU ft Erie... 2S, 150 sli Men N pt l..n 21' 4 sh Lcbiea Nav. . 62j 100 Sli Misa. C'l..l(!f) 12J 100 sh N Ci-nfrai.blO 4 J, 6 ah Cara& Am. 'a 1 17 i 60 sli l"euu K 6ij 76 all WtuhCnyu:s 2 i 37 bu ajir & I'.uu :u i uo yi) UKl VVF.KN HOAEDS. ?KiOO D S 'Sis 104 i 100 sli l'h & E, 1.31 sa ' 1010 do. ...c&p. 104 HU'O co 14 (2(90 do icy.101 fclifOO do rt'ir.104 2ii0 Citv Uo, old.... 87 t-tOO do i.ow WIJ Km Kb ItcudiUL'....tfi 60 100 eh do 61 100 h do Lu 401 100 t-h do 15 4'JI 2sliF and M. life .121 Ku tlx ISpr and lL15 35 KOHi McCn.toi'k...l-:;l 0i-h tiiiCtfei f.uos 82 x0 tu an Y & ii d. ,, . 01 800 sli do 1.8:) 3 loOgii Carinas i v . 8-J loo Ell 1( 0 rh 200 sh 100 h do aa do 2d Hi do h5. Hi do HI do oi do 1 do 31 do do 3 j 100 ! 100 SQ 2 sh 100 sh If 0 sli 40 till II.izlf.ton 61 lolsii J-cli Mir ill.... 21 loo nil do 15 Ml JUlUOlnII blj Murlrets by Telegraphs 'w yOKK, I'fcbiuary - 23 loiton is dull at itcaifM. lor niiiliiliiia iiour is dn l: mm ol 4. U5 Larre t 80 i5im.8 for Mat") S.il0 0& 'or Olnoj W6CB lur or.' rn tsontiieru ijiiw j ty I Hire b colli ui boow'iotio; Canaan aim iit.-i W'hent dull. Corn K'adv sales of 21,000 hmiioin ul 7f(7to. lit pI quiet. Pork fu-ay vat 827-87 '-? I or tiers. Inrd ft.ady UsW- Whikr t0inv. fiv ook, February 2H -otock are better. (Jhi cuiioand Koclt iind. luSl ; Cumberland oreterrcd. 444 Mich i ffii ii fcou liorn 681 : Na y York Central, 01 " ; Utadiii 100: Hudt-on Elver, 103 U-viri fit, ill Irw, 61 j C eve and and IVtabure. 76,1 1 Wesiem Union 'le'eprapli. 70: Coupon. 102. 102J! Ton. Fori.es. S8i i I rensury 7 8-10. 0!j'i i ,Uold. .87. btLTim he. FeO'uar. 2P. K'Otir duds Howiml tnrer. f N8 S7. i W at flruii whlto 61 fUl 01; ro fel-l&al i6 Corn flrrai wli'to 74o.i yellow T2r. Oata Heady, fieeda nominal; Ooveinond S3.'aT60 lard 18J,(tiU turarheavf. Wuh-ar firm aii'Z3 FOURTH EDITION LATEST FROM VASHKiaTOII. CABINET CHANCES. SERENADE TO COL. FORNEY. THE 1 It 13 X2 JH . CI Ete Kte Etc., Eta Et Et. Our Special losiat olios. I WinnnioTON, February 26. ' Cabinet Chans;. Tho statement so positively made bv thn How York Tribune and Herald, that Secretaries Stanton and Harlan have resigned, is not trne. Such differences of opinion as have been held by members of the.Cablnet on the Presidont'n lat policy, have been amicably maintained, and nave tea to no rapture thus far. ncrcaad tm Colonel Forney. A serenade Is to be clven to-nle-ht t.fi TTnn John Wi Forney, and it Is expected that Messrs. Stanton and iiarlaa will be called on i their views, if possible, on the political situation. Tlio Freeumen. TeltzTtms received at the Freed from Assistant Commissioners state that persona in the Bonth, known to be Inimical to tho Gov ernment, are assuming a defiant attitude, and that the freedmen are becoming uneasy, believ ing that they are about to lose the protection of tie Government. ' Senate. Wishikoton. February 2(1. Mr. Grim In presenting a fcltlon from citizens of Iowa, said he would take occasion to reply to a despatch, published in the Intelligencer this niornlnz. stating that on immcnio ratification meet- in;!, , had been held in Keokuk, Iowa. , at which the Veto Jlrssaire and tho President's administration had boon endorsed. He said the author of that desnarrh hurl been opposed to the war all aloucr, aud that his press nuu Deen turowu into tue river tor the ut terance of disloyal sentiments. He was unwil ling that tho despatch referred to should eo fort h as a reflex of the sentiments of the nonnia of Iowa. llr. Lane (Kansas) moved to take from, the eies the papers in the case of Mossrs. Barter and Snow, Kenntors elect from Arkansas, and refer them to tbe Committee on the Ju itclary.' Air. Clnrk called for a division or tho morion, and ih question was called for on withdrawing me papers irom xne uies, wnicn was decided in the affirmative. Mr. Clark then moved to lay tho credentials on the table with those of others late in re bellious fstates. Jlr. Lane railed for tbo yeas and nays, and the question was decidedjuetrutlvLly yeas, 27: nays, 10. ' Mr. Lane then moved to admit Baxter and. Suow to seats on this floor, which waa laid on the table. At one o'clock the regular order was taken tip, being the concurrent resolution that no Senators or Representatives trom any seceded State shall be admitted till such Siutc shall have been declared entitled to representation Mr. Sherman took the flopr, maintaining that the resolution could con fcr'no powernot already vested in Congress. lie said a similar resolu tion had been adopted by tho last Congress. Honae of Reirniit.iv)M. Mr. Bearuan (Mich.) iutrodticed a bill to con tinue m force and to auieud the Frecdmcn's Bu reau bill. Mr. Trowbridge (Mich.) offered a resolution, which was adopted, instructing the Committee on Military Allairs to inquire into tue quality of the artiticlal limbs supplied to soldiers and sailors, and if found dotective to report the ueedtul legislation. ' Mr. McClura (Mo.) offered a preamble and refolution, instructing the Joint Committee on Reconstruction to inquire whether the late seceded States ore ht It in contumacy, and If so, to inquire into the expodiencv of lowing contri butions on the tiiiiloyul inhabitants there of de fraying the extraordinary expenses of tho Gene ral Government. On motion of Mr. Schcnck (Onio), the resolu tion was referred, without in-truciions, to the Reconstruction Committee. Ycus 102; uys 27. Mr. Bingham reported Irn.i the UiT&nstriic tion Coniuiift- e a joint resolution to amend the Constitution by adtiinc the following ar ticle: 0 .That Congress shall have power to make all laws vhich shall bo neoer-eary and proper to secure to the citizens of euch titaia all the privi leges and immunities of tho citi.ens of the ceveral States, and to all persons in the several States equal protect'on in the rirht of life, lib erty, and property. . lie supported it tu a short speech. Jlr. Rogers (N. J.) rpoke agaiasf it asamo?t dangerous movement towards centralization. CANADA. Proclamation Concerning International Trade. Ottawa, February 20. Tho Canada Gazette contains a proclamation, warning American fishermen that they cannot use the Canadian shore fisheries after the 17tli of March proximo. The following is the substance of tbe procla mation: Whereas, A certain treaty was made between her Malesty and the United States of America, on the 6ih of June, 1854, providing for reciprocal trade, and the United Stutes have given notice lor the termination thereof; And xciicrcas, The said treaty will expire on the 17th ot March, 1S6G; And whereas, Under the said treaty maay per sons, citizens of the United States, have invested moneys and titttd out ships lor carrying oo in Hbore'Hsseries within the territory ot Canada, and inav be unawcre that thuir ritht to carry on iuicltifcheries wdl eudon tho 17th ot March. 185G; Therefore, to prevent inlury or loss to our sub ieels, or to citizens ot fcJtatej with which we are in aniity, we do cautiou and warn all persons rot f ub'jects ot our rea'.jMjtout alter tho said 17th ot Mun:h next no vcsf.eVt'owiiod and tuutined in ihe Lulti'd States ot Aiuer e a can pursue ho in shore fisheries without reiidennr tboaa-ielvc liable to tbe confiscation of tlKir vessels, aud such other penalties us uro inipos- d by la. Tlio United (States Supremo Court. Wit-niHGTON, February yf . At th close of tho case now on arumcut rie!br tbfl Supreme Court of the United States, that of Jhn Maiilro ve. the Stale of Massachusetts v.'ill ho argued, lenei al Ctishlnc will open the case for tbo liquor dealers, and Attcrne.Gcnerul Read will argue lor the State. Mr. Kldiardton, ot Boston, will lo lor the liquor dealers. It ia said that tho case presents only one of the point ralsfd by tho laws of Massachusetts, and will not settle th general question. .