(G-maf: 7 H H . ILJliDj A o VOL. XI-No 44. DOUBLE BLIH3ET T11KBE CENTS. PHILADELPHIA, SATURDAY, FEBRUARY 20, 1869. ELMDOLDv3 DUOHU. Bucno. From Dispenratory of the United Stales. (Dioaiua Crenata.) BUCDU L B A V E,S. PROPERTIES. Their odor is strong, diffusive, and somo wfcat aromatio, their taate bitterish and analo gous to mint. MEDICAL PROPERTIES AND USES. Buohu Leaves are generally stimulant, with a peculiar tendency to the Urinary organs. They are given in complaints of the Urinary organs, such as Gravel, Chronio Catarrh of the Bladder, Morbid Irritation of the Bladder and Urethra. The remedy has also been re commended in Dyspepsia, Chronio Rheuma tism, Cutaneous Affections, and Dropsy. UBLMBOLD'S EXTRACT BUCIIU Is used by persons from the ages of IS to 25, and from 35 to 55, or in the deoline or change of life; after Confinement or Labor Pains. In Affections Peouliar to Females, the Ex tract Buchu is unequalled by any other remedy, as in Chlorosis or Retention, Irregu larity, Ulcerated or Sohirrous state of the Uterus, Diseases of the Bladder, Kidneys, Gravel, and Dropsioal Swellings. This medicine inoreases the power of Diges tion, and excites the absorbents into healthy action, by which the Watery or Calcareous Depositions and all Unnatural Enlargements are reduced, as well as Pain and Inflamma tion. HELMBOLD'S EXTRACT BUCIIU Has cured every case of DIABETES la which it haB been given. Irritation of the Neck of the Bladder and Inflammation of the Kidneys, Ulceration of the Kidneys and Bladder, Retention of Urine, Diseases of the ProBtate Gland, Stone in the Bladder, Calculus, Gravel, Brick-dust Deposit, and for Enfeebled and Delicate Constitutions of both sexes, attended with the following symptoms: Indisposition to Exertion, Lobs of Power, Lobs of Memory, Difficulty of Breath ing, Weak Nerves, Trembling, Horror ef Disease, Wakefulness, Dimness of Vision, Pain in the Back, Hot Hands, Flushing of the Body, Dryness of the Bkin, Eruption on the Face, Pallid Countenance, Universal Lassi tude of the MuBoular System, etc etc HELMBOLD'S EXTRACT BUCHU Is Diuretio and BLOOD PURIFYING, and cures all diseases arising from Habits of Dis sipation, Excesses and Imprudence in Life, JmpuiltfeS J( U Blood et0 . ; A CASK OF INFLAMMATION OF KIDNEYS AND UBAVKL, From Morgan, Fcazel A- Co. Glasgow, Missouri Feb. 5, Mr. n. T. Helm bold Dear bit: About two years ago I was troubled with both inflammation of tho kidneys and gravel, when 1 resorted lo several remedies wltnout deriving any benefit what ever, and seeing your Kx tract Uuotiu adver tised, 1 procured a few bottles and used them. Toe result was compu te cure In a short time. I regard your Extract Buchn decidedly tbebeat remedy extant for any and all diseases of the kidneys, and lam quite confident that It will do all you claim lor It. You may publish, this U you desire to do bo. yours respectfully, Edwin M. Feazel. FOB FUBTHEB INFORMATION Bee Jownalof Pharmacy, Dispensatory United Slates etc.; Prof. Deweea' valuable works ou the practice of Physic; lUiuark made by the late celebrated Dr. Physlck, 1'hlladelphla; Re marks made by Dr. Epnraliu McDowell, a cele brated l'byslolan and Member of the Koyal Oolleaeof Huigeons, Ireland, and published lu the transactions of the King and Queen's Journal: ittdiiChirwgical litvl w, puollNhed bv Benjamin Travers. Fellow of Koyal College ef Huigeons; and most of the late btaudard Works on Medicine. BOLD AT HELMBOLD'S Drug and Chemical Warehouse, No. 694 BROADWAY, NEW YORK, No. 104 B. TENTH STREET, PHILADELPHIA, And by Druggists everywhere. Price, 1'25 per bottle, or six for tGSO. ASK FOR HELMBOLD'S. Take no other. Beware of Counterfeits. None are genuine unless done up x steel engraved wrappers, with, fao-slmile of ray rkemioal Warobouse, and signed H. T. HELMBOLD. FIRST EDITION COURT OF COMMON PLEAS. The Brokers' Case-Third Street Overruled, and with it New York. This morning Judge Pelrce gave the decision of the Court In the Injunction case of Leech vs. The Philadelphia Board of Brokers: COMMON FLKAS IN KQUr TY Motion for a nttcial Injunction, Henry , Let ell vs. Joseph C. llftm and oilier. The plaint IT and defendants re member of tbe Plil sdVliiljia Hoard of lire Iters, wlilon la iu unincor porated si'C kiluu formed and dally tnnoilpir for the liuiuoao (it baying ud tit-lllng sicick sad public lecti Iillm. The Hoard In governed by certain rules and rrKUlatluDii wbicU aie binding on il 111 meinocrt, and a refund to comply with which uubiects tliu member to a ins 01 his inemlierNtilp. 'i ti plKlnilU comp lu tbt H unen Manlf y. Jr., a Block bn tei of Sew York, liaa preinuied ruuipUlill to the 1'hlladch.hla Bonr.1 of Brokers vgftiunt t f plBlntltt'. HlleHlng that be (Maol? ) bouglii, Hud loot tbe pialniitt void lilin In I81.4, 11 n intorcxi In a traui of land, and an Iniemt in t,vural eaats of oil wmIIs, lur huuib art-ul'y ! eicms ol their vk ud which Bums be clams to recover, and hts ipqul-ed the mid Bj .ra of Broker 10 take coghlr.iuca r ti e nald complaint, and ibrrugh the alt of tiR machinery 10 conrcu llio plaiutlO to pay tbe said vntus 11 bliu. un lor pain of butpentlon Irora tha Bourd, The plalntlll' inribji complain) Ibat the Piemdent of the Konrd, under tbe lblrly ciKlit.il leullon or the regulation, ap pointed a committee, who were required, I17 n vte ol ibe Board, to Invesilnalo and renort upo.i Hie natter brcuidil lo iir nonce by Iteuben Mauiey. Jr. Ibai ibe committee required tun plauitlif to ninimtt bis evidence lu detatinn of tbe ul.eKed clulm to Iti luilgraeiil; ibat lie notified It that neither under the thirty elgbib secilrn of ibe if gulfttloim nor uuder any ol tbe ruien ot Ibe iioard, was me matter one ol which It bad cognizance or Jurisdiction, and that acting under legal advice be tbeieioro rf funed, by the pro duction ct lila 6' Idenua or in any maimer, to reoog ni4) the right of tbe com ml tee either to InvemlKato or ucjudlcaie the eald mat'.er, and also repreaemed to it, ibat It Ibere were no o tier objection to Its Jurlf dlotion, it would be impossible for b'm to produc b's wltDr-tBes belore It without the aid ot prooesn from tbe court, which could not be obtained la bebalf ot tbe dsiendaut'a tribunal. That thereupon Joseph C. Harris and Cbnrles P. Bayard, a tnnjorlty of the committee a'orennld, madn Bd preaeoted to tbe Board, on lh 24lh of January laet past, a report, stating substantially, thai tbe matter in dlst me was one of difllculiy, and tbnt tbe Rtatement of the plalntlU's Inability tooroduce before them wllnssca on bin behalf, without process of tbe courts, seemed a suQlcliit reason (or not proceeding with tbe iuvecilKiloD: ai:d they asked to be dis charged from the further C"iiSldertlou of the sub. Jett. Tliat alterwnrfls Henry L. Oaw, the other membsr ol the couimi'ier, made a minority leport, usttrtlag, in effect, the complete jurist! Iclou ol .be Board, Hiai tbe plaiDlltl had failed in his respect for I s authority, and bis belief that Mr. Manley's claim should bo allowed: and tbat by reason ot tbe pUinilirs non payment of It, he should foifo't his right ol member ship. After dlcnsslon upon and onsldnratlon of the two reports beiore It. the B ard, by a lare majority of Its voles, tabled the majority and concurred In the views of tbe minority rtporr. And upon motion, tbe matter was referred back 10 the committee, with In structions to mnke Its liual report at the meeting of tbe Board on Thursday, 4th Febraary. Tbat tbe plaintiff was present at the sn'd meeting of the Board, and ibdt acting in accordance with tbe disposition and temper then maulfested b it, he believes the committee, at tbe meeting 4'h February, will report In favor of allowing tbn claim of Mr. Mauley as al list the plalntlll': and lie Is convinced that tbereupon the Board will suspend htm from ex erclHl.g his functions as one f Its members, Tbe plaintiff further says: Tbat such suspension will work him aa Irremedl ab'e Injury in bis dally business: that his rights as a member of the said Board of Brokers, which are peculiaily cognizable In equity, whi be Injuriously fleeted: tbat the plAlnllir has never (excepting so far as tbe rule and regulations of tbe Board on tbe points therein named extend) aubmbted, by agree ment or otherwise, to any Jurisdiction concurrent with or exclusive of Ibat of tbe courts to whiub he o obedience as a citizen of Feiinslvania; and tbat he is advised, believes, and so charge, that the deieDdants, eltber In committee or In Ihelr capacity as members ot the Board, have no right or autnorlty undrr the said regulations to adjudge us iney have sought, attempted, and intend to do, 1 lie plaiDtllt therefore prays: Tbat It may be adjudged and decreed thatthe plain tiff is a member of tbe Philadelphia Board of Brokers, and entitled to ail the rights of membership therein- And that the attempt of the members of the Biard and of tbe said committee, under the Instructions from or direction ot the Board, to erect themselves into a tribunal to try the matter complaued of by Beuben Manley, Jr., as aforesaid, is subversive of his, the plalm Ill's, rights, and is Illegal. Tbat Ihe parties attendant, both the Committee and the members ot the Board, be restrained uy spe cial Injunction until bearing, and perpetual there after from Investigating or aojudicatlng tbe matter of tbe alleged claims ol Iteuben Uanley. Jr., agalust the plaintiff; or from proceeding therein or agatnrt the plaintiff lo this connection at any time, or lu any manner, way, or form soever. And for such other and further relief as the Court may deem proper. Tbe defendants, by their affidavits, admit thefaota iet forth by tbe plalntltl'la his bill, except tbe aileza tlon tbat he rcfiiB'd to recognize the iight of the Board eltber to Investigate or adjudicate tbe suld matter, and aver tbat lie did appear bw'ore tbe Com mittee at their first meeting und listened to the statement and testimony ouVred by the sold Maulev; acd tbat he also produced beiore the Ctfrumiitoe, and read lu euppsrt of bis defense, one or more lettera and tben requested au adjournment, which was granted. They also claim the right to proceed, Investigate, and take final action 111 on the complaint tuude against tbe plalntllf npon three ground, vix.: 1. By virtue of Ihelr rnlis and regulations tj which the piaibtUl' assented by btuoiuing a member of the n:ai d, virtue of an Inherent right !n t'lsm, as an Association tr B ard, to expel any member for irauituleul or other grossly Immoral conduct. a. Becuose the plalntlll submitted to the juris Hc tlon of the Board by appearing beiore the coinmlUc which was appointed to Investuale Uiec mplalnt. The Pbiladeiphl Boaid or Brot era Is not a corpo ratior. It Is not a Joint stock company In tbe seuse In which such companies are regarded by the nu llah law, although It has a large amount of property which beiorgs to it In lis joini or aggregate capacity, bneb private associations are said not to be partner ships as between themselves whatever may be Ihelr relations to tlitid persons. White v. B'OWLel'. 8 Abbott's I racllcc Ki ports, new;serles,"ol8: Thomas vs. iilmtiker, Parsons. W). Tbe Board of Brokers Is a voluntary association or peiaonr, who lor convenience lu the lrinactlou of business with each other, hareassootated themselves o provide a common place for tbe tmnHaotlon of their individual business; agreeing among tbeai selves to pay tne expeuses Incident to the supp irt of Hie objtcts ol 11. e aRSoclatiou, in which ouuu for blmseir. at stated bonrs of the day. aud for bis In dividual pr lit. may prosecme his own bus'ness. and enter lulu trpara e eugacemenls with his fellow, members. The assoelr-tlcn does not share In the losses of the Individual ans. elates, each member akei his own gains and lLdividually sustains tho iotsea Incident to his eng" terne 11 is. (a Abbott's Prac. Iweji. Hi ) Theie associations have some ereineuts In coniuion with oorpoiations, joint Hock companies and partner ship; such as asaocla'iun, and in being governed by rekuiailons adopted by theutielves lor (taut purpuse. Tney aie wbal Is known lo the iaw of PcuLsy Ivaola as unincorporated socle' ha or associations, and over wnicu our courts nave chancery jurisdiction to con trol by the act of the 16tb of Juno.lK: a. I have very jibiit, vuuui, ,uetiurv, iuau iup Himo rules 01 law and equity, so far as regards the control of tnem aud tie ail Indication of their reserved aud It-bereut powers to regulate the conduct and lo expel their members, apply to them as lo corporations aud Joint Block companies. Wuat these powers of regulation and expulsion are Is well settlel by ihe 'aw ol PtiDnsyivanla. I. Where a charter of a society provide, for an OH en be. direct the mode of proceeding, aad authu r es the society ou conviction of a member to expel blui, Ibis expulnlou. If the procredlugs are not Irregular, Is conclusive, and cannot ba Inquired luto collaterally by mandamus aotivii crany other mode Jt Is like an award uiaiie by a tribunal ol the party ' own cbooBlng, for he became a member undor aad subject lo tbe articles and conditions of the charter, and of ix iirM to the provision on this subjttot as wells others. The Moclety acts Judicially, aid its sentence Is conclusive, like that ol.any other JuillcUl tribunal. Th oouris euterwla a Jurisdiction lo pre serve lbse tnbuu.l In tbe line of order and 10 cor rtct about b. but Ihey do ni inquire Into tbe menu of wbal ha passed in rem jiuluxttnn In a r egular course ot prooeealots. (Commonwealth vs. the Pike Beneficial hoclety, tj Watt Bergeaut, 247: tha WHlte and BlaciBiuiir'' Society vs. Vandyke, iiWuarion, 8 V, Ibe bvolety for the Visitation ol the ticlt VS. the Commonwealth, t P. t. bcalta, MS ) II. Tne Inherent power to expel a memoer maybe Vrwtenan offent e la committed which ba no Immediate relation to a memnsr a corporate duly, bull of so Infamous a nature a render blm unfit lor the society of honest men. 8uoh are tbe olleuiwi iperlury, lorge'y. etc. But before aa expulsion Is mad lor a cause of this klod. It I ueotusary tbat there should be a previous conviction by a Jury, ac cording to ihe iw of the land. i. w beu tbe ctta m is against hi duty a a corpo rator, and In thai case ba may ba expelled, Ou trial and conviction, by lb aorporalion. I 'When the often la of a mixed natsre agalust th tuauiber' duly a a corporator, and ale ludlut able by the law of th land. llavlag thndetlD4 th law, I Ihe plalntir eaM w)U mi ot Wte tale wfcieu weuid ive U Board of Brokers the rlrht of suspension or expnUlonof Llm at a member tnereot T 11 e reteulatlons of the Roa'd provide for t'is bus psnslou 01 a member In the foliowioK uaes. vie.: 1. lr hit member Shall refuse to coinpiy with his atork ronlractn. 2. In case or Ihe insolvent) of any member. If he hail not without delay msks men provision for all cash saHs and .purchases a 8lin.ll be slUlautoiy to the pa lies intt reeled. 8. It herbal! fall to makegonrt all friendly lonns of orhIi or sterks Irom memoers or ant overdraft on any bank, to tbe full aiuouut thereof, without com promise or delay, 4. if he sbal" fxecnte order from any person, Whose c intractg are known to be unsatlsiln, except open Ms own resooi.slhllliy. and troubling aucn a I ersnn's name an bis principal. , Where a member having msdeaslock ontract and being required to mnke a deposit to socio e It, flu. 11 neglect 10 make ihe deposit berare theappoiuted time. 6. For PiircliasltiK or Re'ltng stocks on time for a minor I without tee consent of his parents or gu r dlanR having been prev.nusly obialnrvl; or (or any person employed as cl'rk.or In any 01 her business rapai l:y, by another inerul er wlibfut drat ohiainlug tbe ct bseni of the employer. For Urn first fVnapa line of one hundred dolUrs; fcr tbe eeeood oiTense (rxpulnlon. 7. For adverlislns: loans, stocks, or bonds, which are turn nl at tbe II jard, except Uovernmout securl Her. For the first ofTenee a fine of cue hundred dollars, and e.tpobon lor the second. R. For drinii biislntas fi r a lei.s commission than the rates provltled for. For the first olTeuse tine of one hnnt red dollars and nu.pennion during inn plenenre ot the Board, aud lur the second oireuse expulsion. 11. For buying or selling tho prcfils on any stocks or l aim pt r. based or sold for any giren tl.ao, a peuahy of tiny do lars for the first oHenie uud ox- 1 u'sloii for tbe second. ic. For attend- g any nlfbt or other boarJ or room, Other than the present so talltd onisldn roirm," lor the purpose of pur'-hasmg or selling stocks, cither In perron cr by deputy under a penult? ol one hundred dollars for the hist ull'ouse aud expulsion lur Ihe rcond. 11. For IntferoroiiH langustre or conduct toward! another or the Hoard Itsoi f, w olio In tue II nrd ronin, Fr a first ofl'enne. by a vote of two-thirds ol the hit to hers in si nt, suHperslon Irom Ms lent for no Usa than a week tor n ore than a ni' nth. A repotltlou of tue otluse shall snbje t the otl.tnder to rxpulsl n, 12. A ny mtmber negiecilng tn py bis dar s for the period ol two years eball be notlheu by the 6,icreiry, and contlnuiog in Iir neslect for a further period of three monihts shall be coneideri'd 110 lender a mm ber, provided be has not bttn absent from the coun try during the lime. 13. Any member rehiRlng to comply with any of the roll 8 of be Board may have a bearing be Tor ttie Board, and If he shall persist In refusing, two-thirds of Hie Bourd present may declare him no longer a member. I have been tbui mlnnte In setting forth the cans" for which the Boaid may suspend or expel a mem ber according to the regulations: ti ascertain If the compltiiit made against the plain' Iff Is wltbln any of taem; aud to show bow completely and exclusively these causes ot suspension and expulsion are con nected wlib the direct and Immediate objects for wh ch tbe Board was organlr.rd, namely, the pur rliose and rale of stocks and loaus. It was urged at the arituineut of this case by the learned counsel ot the defendant., that inasmuch as tho Intention of the plalntlll' was t.r or ganize a patroleum company, and the lar.d aud oil interests were botulit for that purpose, tnat the u im plaint ol lr. Manlty ngalust tho plaintiff won of a relusal to comply with a stock contract. If so, he mutt submit to tbe forum ana tribunal 10 whose ju risdiction he amenteJ when he became a member ot the Board, and this court can give him no reliefer cept In case ot the lrreznlailiy of the proceedings against blm. What is a slock contract? It is acontraut relative to the purchase, sale, delivery, buldlng. or other transactions iu stock. And as technically used in tbe rules and regulations of tbe Hoard of Brokers, the word stocks Dieai s the sbarei of a comraoy and tbe bonds and loaus cf the Government or of a com pany. By Hie law ot the land theae shares and loans are personal property. They are not land, and have no relation to land, except h they ruav represent tbe property of aompany which own laud. The contraot 01 tbe plaimllT with Mr. Manley was to sell him an Interest In a truct hi land aud in cer tain oil lease. The purchased a tract oflandlsuot as ecu contract. Tne renting of a house, a store, an oil well, or tbe privilege of t&klog oil from land. Is not a stock contract. To so hold would ho an utter pervtrslcn ot term, and under the term ttoctc contract would enable the Board ol Broken to assume Jurisdiction over their members In contract touching real or per sonal properly, however remote they might be from tharoH, stocks, and loans such as the Board operates In. What tbe plaintiff really submitted to noun he became a men berof ihe Board ot Brokers was that tbe Board should take Jurisdiction if be should refuse to comply with his stock contracts; not that they should have jurisdiction of his contracts toscslujj houses, lards, leasehold estates, or farming Interest. The next Inquiry Is, has the plaiuliff brought him tell within the Inherent, or, as It has been termed, the common law power of these associations 10 tx pel a member for an Infamous otrei.se, or for an ollens against hi duty as a member of the ass jcla- tiOl'. It is not allgd that ha has In any man neroffended against the right or interests of the Board of Bro kers, or falld in bis duiy as a member tuereof, un less bis relusal to submit lo luaialm of antuority In tbls esse tau be construed Ik to au offense agalust hi duty as a member of tbe Board II he Is right In resisting tbe authority which tbe Beard claiu ever him, then he bascommKted no ollens agalbst his duty as a member, lu Buch case his rlt;bt ot se.'f. protection Justifies him In his action, and he never faithfully dtscLargessis duty aa a mem ber of the Board In resisting its encroachments than he would In submitting to lis unlawful authority. Us become! Dot only the vindicator ol his own rights, but the vindicator and defender ot tbe right of every member of tue Board, esd of the well being and integrity of the Jluaid Itself. Chief Justice Tllghnuan, In speaking of a corporation taking eogulzance of matters uncon nected wttn the Hairs of ihe society, said, ''do far from It being opcetssviy for tbe good government of the corporation, it appears to me that taking cogot zarce of such offenses will have 'he ptrnlolnuB eu'eut ot Intrcduclog private tends into tbe bosom 01 tne Hccieif.arid interrupting tbe transaction of busloesi." Couimonweftltb vs, bU Patrick's Benevolent Society. 2 Binney, 449. 1 be question which bolt arise Is, ha tho plaintiff cr niinllied an Inti ictabteoffor.se ol o infamous a na line as renders blm unfit lor tho society ol houeat men, and which Justifies the Board in taking cognl ranu of the cooipiafnl against blm, and expa;Unz him from Ue Board if he he found gull ft It might be asntUcleut answer to tuli question to say tbat before an exprlsion is made for a came of tbls k'ld 1 is necessary tlialtnero should be a pro vlous convlctlen by a jury according to the law ol the lard, (Com. vs Bt. I'at; lok's Uociely. 8 Blooey 44K ) The right of trial by Jury for Indictable ofUtunosIs a cnstitutlonal right, in such a trial, tho p aUimr would nave compulsory proofs for obtalnluc wit ness! s In hi fsvor. If the Board ot Brokers should erect Itself Into a tribunal for mil pu pose, he would have no ut.cli luowss: ami this in one of lbs mallei nl which tbe plaintiff compalus la his bill. Te law hs wlbely delei mined that, beiore a member of a corporation or soclnv fhali be expelled lr such a caute, he sba 1 be tiled aud couvaled beiore a jury ol his couutiy. But waiving th's question of the plaintiffs rltht of Irlai by jury, boa he ccmia hied au indictable . flume? Uoislkir Munlr-y's couilaiui a.alnsit hLu exulolt such 111 oUebse? The claim ol Mr. Uanley which was marJa hafore the Brara ol Broker , and wuich Mr. c-iaw lo the uilnorli? report ol tbe comm'ttee appolnied to litves tigaie ihe n. alter reports a havluii been proved by 1; r. ilaulty, I as loiiuws: Ut. Manny cla ms au Indebtedness to him by Mr. Let cn ol t4T'll, auo interest from tue l.h day of De cember, 1SG4, and ba&o the same Ou the tallowing Oa the 15'.h day of December, ist4, Mr. Leech ad dresed a letter to Mr. Mamey Inviting him to become one 01 the originals In a company for produolug Pe lioleuin, to be called Ine Meiciariu' and Biters' Petri luum Company. Mr. Leech Hutted lint a part el Ihe property ot this company would consist ot loriy-tliree acres of land on Kast Oil Crtk, aoovH Tilnsvllle; that the fee simple tltie of Ilia land would be conveyed to the company and the land lnlt vlclul y waaowned by other companies; ibat he bad bougl.t the forty-ihree acres for one hab their value, having paid 15, iw lor It. Mr. Leech says In a sulR-iqumt 'eller, "as to the prices at which ihe pro pi Hi s are oiler ed.they are strk.liy as I get ibem and tun auioiinis tuey u pu. iuiviii.wihl.h.1 convince you tcere Is no margin. W r. Mauley pro duces Mr Leech's letters containing the abera. and Blalea there is no other oil companies near tills laud, aBd it It common farming laud. and Instead ol it costing Mr. Lei ch I S.iiK), It onlv cost blm '2 IS or 3 per a re. To subsianilate tbe same Mr. Manley pro t need a statement of eiue Jobs Bey r old, ol Med vllle, Pennsylvania, who was tbe original owaerot the laud, who states tae rctn. that he gave a contract to one Ilaviscn Bull, in Deti 8, 1S4, fnhe sate ol the 48 acrss at 86 ati acre; that ou the 'Zulu Decem ber, lint. Leech brought hint Boy acids) an assign ment of tbe contract et said ulll to hlmssif, endoritid on tbe bai'k, and alleged that lieLon) was Hie owi er 01 Ihe rame and that Loach paid blui the bidauc of thepurchte money, and be (Ileynnliis) tL o mad a cuvvtyauce to Lsech. the aiuouut staled lo the same deed being iili which was ihe entire an-oiuil of consideration paid to Iteynolda for the aid lai d. Beya .Id also males that It waa at tue lliu consldereo full value lor ihe laud. Manley also piodnced tha orlgtual agreement belweee Heyoold and 1M tdaon Bell, Beyuulds sgresingloaell the land lor l'ii6, i.tg 10 be pa'd cash aim the ri uldue In three aiinial nual payment. This contract i endorsed over to ltoh "ior value received, " aad Is dated Ia cember SO, 1MI. but not from any designated pNoa. Manley also produced a cerillled copy of tbe deed oa record In Crawford county. Pennsylvania wherein John Beynolda conveys lb liuid to Jehu B. Leeuu for tb onslderatlun ot 15. Tbe other property wuloa Leech allege to have purchased lor this company uoaslklsd la luterest and and iesses from tbe reai Ba lu Oil Company, of which Air. Leecb was Pretldeul, the anasuul stated 10 have besu i.ald f ,t th saute being i.'J wo, makliuf with tbe i6.i4o above ailnded lo, put.'' which Loeoh atatad be paid lor tbt various prouertlte lu bis letters 10 Manley. Mao lay daulN tbat any of tt lease or Inters ta wi tester purcbaaed ol th Ureal Baola O'l Ooiupauy. as dob of tnaaa were aver conveyed by that eom- 5 any, aod thai L U ever paid that company oa liar, aad aiUkeugsi tie lepreseaited be hA gaM 1 fit tun for ihevsrhns Interest and proneril rt-- r,ii,,iiu ins leuer 01 c, is lhlit, Mr M-n ey states bepatd no more than 2 IA whmu amount was t'Ald tor 1 be original forty-three aore boiiKhlot Jnun Rsr Holds and that ibe bi-oks ! th (treat Hait i Oil Con.pany show no resolution of th B rd ol Dlrwoi on authiirlr.imi 1 hs conveyance ot any of the abov defer bid properly, nor 00 ins honks show any receipt of mouey lr ra Leech or iron th merchants and banker, o, fram any other parson or oomosny. for th above descrlusd properly, Mauley offered to Produce ihn Imnki nt ih,t u.vae 11..I11 nil e,ii,. pauy In evldtroe or tbe same. He also omnid a letter from Leech dated January 31,: 1X89. which nnj-i, -jmhh 'o an toe lanns are using piaoea oil record In Franklin county, ( lll Immediately write lor transcript ol samp, and forward on receipt ol U.ein." Manley brings ns evidence to show that there are no conveyances ou record In Venango county a telegram roru Ihe Hecorder af Deeds at Franklin, Pennsylvania, dated January II, isiilt. which paR. ! ha' e searched and lalied M fl ml anything Indeied to th M-rchants' and Bank-rs' Petroleum (,'ompany." Manley nroliiced the check given by hlui to .Mr. Leech In payment, dated l'Jth lieeeruner. Ki4. perhaps no ras" conld be presented whl h more fully eihlhlts the danger of thf B la-d of Brokers untlnrta. h g to Investigate a matter not wlihin th scope of Us 1 ursulls and objects; ami of the pro lety ol l iiiltlng hs ImeHi gat o. s to failure too irnpy with slock contracts anu o ber kindred matters, as ft hns wlse.y done ly tbe rftila lons adoored 'or hs Koven ment than the complulnr pr-sened by Me. ;Iat ley, ard which Mr. Uaw roporu as havlLg been proved 1 be complaint, stripped of nil verbiage, Is that the plaintiff olitai. ed from Mr. Manley the sum 01 fl7'0 oy lalxely pretvudipg that he hd paid fit ore for a tract nNunci lu Ciawtord cnunty, PeunsvlvnnU. when In tact be bad laid but fzlo Tor It: and that lis had paid brt f i.l.iiOO fcr letses ami Interests la th" Great Basin Oil eompany. wlien In facl that Curonativ had conveyed none of them and tbeplalutiff had nVi-r paid that Company one dollar. Ku one who is at all (ami lar with tha speculations In oil lands and In leasobold Interest In oil well in Crawfurd and Veaai go counties durli g tbe pant few years, wil, have any difhcuiiy in coraorebendlav bow that all that Is represented to have tieni s ild by Ihe p'alntltr to Mr. IVenley respecting the pir cbasn ot the tract ol land could be true, and yet now all the facts alleged by Mr. Manley oould be true also. In r umerons cases va'nable contracts In wrl'.log for tho purchase ol oil land and leasehold Interests passed from hand to oand altvost as freeiv as irthay were negotiable Iniero; Is, tho utmost that was re mitred being an asslKiiment of the coutract In writ ing, and fur which assignments very largnsuois of money were frequently paid above tbe original con tract price agre d to be paid for the land or i uteres!, It maybe entiiely true tbat the plaimlff paid to John Beynolda but 2I6 tor the fony three acres of lard in Crawiord county; for that was the cniraot price for the laid under ihe agreement made by Hoy nolds with Davison Bell. Bui what stem did the plaintiff pay to Tlavhon Bell lor tbe assignment of the contract? That Is Ihe material Inquiry, wbcb Mr. Manley has not uoder'akeii to answer. Not a particle of tehtimon; was produced bv Mr. Manley to this very material point. Nor tvai even an asser tion made by him rrsnect'rg any sum paid or not paid by the plaintiff to Bell. Until tbo contrary bs shown, tbe presumption Is that the t lulEHn's statement that be bad pa'd lluion lor Ibis land Is true. Hue 1 would be the J idvmeut 01 a court of criminal Jurisdiction on this en an Indictment against the plaintiff for ol.alnl?g this money by false prpten.es, either ou demurrer to the bbl, or by Instruction lo the jury at trial. Ajudke would not Buffer a jury to cn.vlct tbe plalntlll' on tne statement and proofs n.ade by Mr. ManVy on ibis point as above set forth, but would Instruct tue Jury to BCquir blm. The allegations respecting tbe leases and Interests In the Uxeat Basin Oil Cou, Buy, which the plaintiff claimed to rave pnrcha-ed for the compauy which lie was about to orgau ze, are very loosely mated In the claim and report made tolheUjard aiove set forth. Whether It is meant (o!teny that these leases and Interest were purchased, conveyed, aud paid for by any one; orthnl tney were purchased, convened to, ard paid for by the plalntlll: does .ot appear with RUtllclent certainty. 11 may bo true tbat Ike plaintiff never purchased them from the company. The report does not s.ate that ho ao averted. lie may have purchased them from other persons lo whom ihe compaey had granted laera. or the company may have never executed leases of these lner.atH, and yet runv nave coturao'cu to do ao, as Beynolda did with bis land; and the plaintiff may have pur chased the right to these leases, tio o. inclusions can be arrived at Irom the uncertain manner in whl -h these matters are set forth In the report, yet the min ority of the comm'ttee round sutllclent in theae de fective statements to 001 dc-iun ihe plaintiff. A court of law. either on dema- rir t an ludicimeut or a re elnrailon, or on an oil'ur 10 p ove tnem oa tril, wonid have overruled them lor lusufflcie.cy and un certainly. One o. her matter r'm.las to bt considered. The defendants alii ge that tbe 1 la utiti'subwHied oimsolf to the Jurisdiction of tbe Board by aopearlng before Us coturohloe aupointed to investigae ili nia.u-r. Without stopping to consider wbetner th" plainiihT won Id be estopped frota denying lbs liirUiilotioa of tbe Board by such an appearance I think the repart ot the committee settles tbls matter. The committee made their first report January IS, mg It Is rlgoed by all tbe members. 'J hey report "that they had a msetljig on Tuesday last, at wnlch both parlies appeared, Mr. Mauley made his state ment, when Mr. Leech asaeo for a postponement, as he tbought Ihe meeting was merely to aacertaia whether tbe Board had jurlsdlctlou lu Ihecaie; this wa granted h m. -Tue committee yesterday received a communica tion from him, aocompaoied by a letter from hi lawyers, in wblon they deny the right of the Board to interfere lu th matter, aa it was not a stock trans action. The committee submit the communication and letter to tbe Board, as also a slatemeut made by Mr. Manley to the crmmittee," . Tbls is aconmpaLled by a letter from tbe plaintiff to the commlsiee of the same date, as tho report suo milting Ihe writ n opinion of his counsel and de clining tbe arbitration of the Committee uuder advice of his counsel. On ibe with January, WHO, Messrs. Joseph O. Harris and C. P. Bayard, ihe iuority of the committee, re port. ' tbat in com; ltance with the order of the Board they summoned Mr. Leech to appear bufore them and make bis reply to Mr. Manley s stateiuenr, and tbat they received from Mr. Leeh the two note herewith submitted. "In the absence of any atav ment from Mr. Lsech ? 'our committee are unable to recommend any ac lou, and beg leave to return the whole ranter to the Board asking to be diBCUar4ed from Us further cju. Ideratl-.n," Mr. H, L Oaw, the third member of the committee, made a minority report in wnlob, among other things, be says: ' Toe Board bavlug decided that your committee have Jurisdiction in tbe matter between these parlies, aud the same having been re committed 10 us for further investigation, Mr. Lneca appointed a lime when he would be ready to meet ui. Instead ot appearing he has addressed us another nolo, saying he siill bolus to the advice of his ojunsel not to admit tbe Jurisdiction or the Board." Tl e paper book of tbe defeudant also exhibits three notes from the plaintiff, one of January 21. 1SI. aikiDg the committee to pompous lis contemplated meeting until tbe fillowiiig Saturday; that he was quite unwell, atd was obliged to till an engigtuiaol out of town cn Friday; and tbat be would be happy to communicate with the cjuiniittee at any hjur agreeable to them on Saturday. Ore of January So, 1H0D. luiormlng tha ommlt'ee that he was unable to submit his dlittoulty wltn Mr. Mi nlev 10 arbitration, because It was imnofsibie for him to produ e wltncs es ot great valusto him w th oul an order of the court. And the ih.rd dale! January 27, 1J. lo wu cli bn agala decliuel the arbi tration of tbecomuiltleu, and declaretl that be did so with tbe highest respect for tbe Bourd of Btoxers and for ibe mi tubers of the o rmmhtuH. It Willi be percaived from from these report aud rotrespondencH tbat there was a peraiteiit retual by ihe plaintiff, Irom the betrlnnlng to tbe end. to submit ibe matter to tbe Jurisdiction ol the B ard. Mr, Mauley, In bis affidavit, makes a aomewhit dltlereut statement relative to what occurred at (be lirat meeting but lu this he 1 njt lusialuej by the report of the Committee. I do not perceive that e thor by the law of the Asso ciation, by ihe law of Die lai d, or hv submission to Its Juiiaolcilon, that ihe Board of Brokers ban ac quired any right lo arbl-rate and re tile the matters In dlxpuie betwe. n tho plaintiff aud Mr. ltotitieu Manley Jr. The courts 01 law ar open to Mr. Mau ley lo vindicate lila tights aud to reuress any wronm rimia to hlui. But ilia Board of fir. k era cannot erect Itself Into a tribunal lor litis purpose. The plaintiff bar , In my opl'ilvu, a clear ilgnt to the pruteottoo of a Court of Eqtiliy, He baa a va'uaole Interest In hi merrbeisaip in Hie Board, which uost, him I2O10. He has an interest in common with bis follow members in ills aouuinulaUtd fundi ol these 'ola I lou. and In the claim wuluu be would have in case of necessity upon the fund set ap rtto aid poor and iliatrtsBed m.aibe' or Ihelr families wbem tne Board roayttihk proper to aa&lst. He has a right a. so 10 be protected In hi good name and lepiitatloa from nneulhor r.ed proaee lugs attalnst him, In which lie caunot nave the assistance of a court of law to ronjpel ihe attendance of witnesses or Ui ob tain testimony from abro.d. Like every member ol such an association, he Is bound by lb law ef the association, to which he has assented In Oncoming a member; aud by the law of tb laad as a fleeting tneae associations, but not ny an exeiclaa of power eu tb pari of bit tallow moui bers 10 whloi h - ot as.ntd,or which 1 not derived frcm tue law of the ld. A was said in Ibe caatt ef the New York Open Board of Broker. "A l)i association Is not or gan ted lu parsnaacsof any a'aut -, no- are tbe terms or.n embersblp Used by principles of the common law. It P llows that tbe attreement which ihe mem ber make among tbeuicelve oa lb subjeet. muse establish and deut'tuia the rlgti's of the parti o-i Ibe subject. Ihecous I'm Ion of tne association, and lu law agreed upoa by ibe member, eon'ala all the atlplatloasor Ihe parties aod lorm th law welusi should govern. Ti- ruemoer have elahlishd a law tbauiaelve. White vs. Brownell, 8 Abboll' Practlo Be ports. New Berle. 818. waa alto said in tb cane of a corporate aooiaty In our own courts, "These power must not be con strained, or lhooleti' Instead of balog protaoted, will be dissolved, Ike Hunt ef msmbarsblp I valuable, and not 1 be taken away without an authority fairly derived eltber frouo the charter, er lave nature ol corporate aodlea. livery maa wbo ba coaiaa a oismbar look to tbeharter: In that b put hi hiih and aot la th uncertain wlilot a majority t tke miuhra." OoareeawealUt . at. ptilk' I to iMJaasr, Ma. Ih. inw (Toes rot even permit those sticlmli t ) ln rit lo tlielr cnar.ois linn llniie powersolex llisio i ot ihf lr nietubers: much lea do ihsy have siitth uu- elliud power existing nirioog 1 h-nsel ves, Wuei the charter of the Butoheis Boneiiuial Association aa pr senied to cur euiprpuie (.'otirt, It was rejwod on Ihe Riound. among oilier, thai It ailtvved rli- ansotlailoii 1.1 expel memb-rs who should be "guilty" nl actions whlcu my Inlure tn assottlallon. I'his, said the Chief justice, we c intuit aupiqve, for it Five tbe association an entirely ludeliuite pnwor over lis members. For any action which may Injure them they nii expel, and Iherolorethe. may cupel a 11.1 niln r ior bee imimr Iniulveut. It Is totally m cempatlble e lib the wnoietipirit ofnor Insinmloin, lo clothe any no Jv witu suoh Indebnlte power nvttr Us members, tor It Is equivalent to socialism, and Is a rejection 01 all Individual rights within tin as 1 ilation. It is common In aucb c.iarters to tounil tne rlglit of expnlxlon on the fact that the member hss beau found guilty of eom crime on a trial lu court, and thl Is quite proper. liC siy.l il It these Inf etlnlle poweis of expulsion existed the designing members of an aocla.loii could combine rgalni t tuelr lehow members lo pxp"l then under various pretences. Dd after having obtained nontr.il ol the organist on, dissolve It aud divldo the pro perty ami tig themselves. Not only will the law not permit Una, but, when the Bssocivlnn posses as pro ne, ly, ootiiliig but an express powar In Its char or or articles of association can aotborlza It to throw iiv.tr-ho-.r,1 one ot Ps members. ILvaua vs. f he PullaJjl gblaC'Inb, 14 Wright. I07. It was urged wuh inuch earnestness at tha hearing by tbe learned 00 nut el lor the delense that the plain tiff had ceiue too soon; Ibat tbe Board must llrst de cide whether the case was wltliia us Juris liuilon before a court can Interfere. The Board soejis to lave so decldid, by referrlog the case back to the committee lor further Investigation ader the com mittee had ri'i'orted tb tec s on which Mr. Maul- y lounded his claim, and tbat the plaintiff denied tbe Jurisdiction ol tha Board And so Mr. (4aw ntider btnod It. for hs Bays; The Hoard having decided tiit your commlliee have jurisdiction lu the matter b, tne n Ibe partlis and the same being reu.mmunded to us tor further Invalidation, etn." But whether tbls be so or not equity prevents mis chief. It doe ni t wait until It Is consummate ! It does not even measure tbe paces by wn ch It ad. vsure. It meets It at the threshold, and seeks to prevent a meditated wrong more of tau tban to ro il reaa an Injury already done. Counsel equity con stantly decline to lay down auy ru'e which shall limit their power and discretion as to the particular cas -s In which special Injunctions shall be granted or with held. story's Kqulty Jnrlsp -udence. as. no 2. 9.'t. IVot only was the plaintiff's right of membership threatened In deiauit of his pudng Mr. Manlev a large auru ot money, but his good character lor fair dealing was brougnt In qnestoti. and held up bef re bis feilow membe'S aud ihe world, lu an uiiaulhor Inert proceeding, and before a tribunal wuich had no power to prohibit him by compelling the attendance of his witnesses, or te assist blm in procuring evi dence from remote places, where he alleged bis wit-lie-sea were abiding And the complaint useif, as I have skown, does not bear the test of legal discrimi nation, and shows no liability on the case as stated by Mr. Mauley and the committee, on the part of the plaintiff lo pay to Mr. Mauley the money whlcu he demands. Iam sure that the very excellent and highly re spectable gentlemen who compose th Philadelphia Board of Brokers have not wilfully luteoded 10 de prive ihe plaintiff, as a member of the Hoard, of a single right to which he Is entitled, and have only acted In this matter as they conceived it lobs their right and duty to do. Tbe special Injunction Is continued. Ueesrs V. Ilunn Hansen, Daulel Dougherty, aud W. L. Hirst for plaintiffs. Mears. O. T. Blsnham, Q. W. U'ddle, aud H. M. Phillip for deleudantr. FINANCE AND COMMERCE. Office or tun Evkxino Tkt.koraph.i tsaiurday, Feb. IM, IrkM. The Stock market was inactive tbls morning, but prices generally were steady. Govern ment securities were in fair demand for invest ment at about former rates. City loiins were nnclianued; the new is:uc sold ut 101, and old do. at 975. Kallroad (-hares were the most active on tho list. Reading nold at 40J4(JJ, a slight advance; Pennsjlvania Kailroad at 5!6('f56, no change; and Lehtgh Vallcylat 110 change. 12UJ was bid for C u in den and Amboy: CO lor Norrimown: b:i.y for North Pennsylvania; 32j for CaUwissa preferred; 254 for Pliiladelphia and Erie; and 48 fur Northern Ceutrtl. City Passenger Railway shares were un changed. Green and Comes sold at 38. 42 was bid lor Second and Third; 37.J for Filth and Sixth; 71 for Tenth and Eleventh; 16 for Thirteenth and Fifteenth; and 11J for Ilcstou villo. Bank obares were firmly held at full prices. Farmers' and Mechanics' sold at 124. no change. In Canal shares there was very little move ment. Susquehanna Canal sold at 12j, no change; abd Lehigh Navigation at 29 j, no cbanee. 9J was bid for Schoylklll Navigation common; 19 for preferred do.; and 60 for Morris Canal preferred. PQILIDKLPHU BTOCK IXCHANGB BALKS TO-DAI Reported by le Haven A Bro.. JNo, 40 8, Third street FIRST BOARD. fOSiOPeos, 2ser...is..ic6 1 4sh Fenna B. c. t 17U0(Jlty tw, Newels 101 100 do .....SHO. 6ti0 Len 6s. told 1. H . 100 do' 30 m , tHW) Len IlU tto...... 5 eh Or A (Joules-.... 3s I2000 Wyo'g CI Be. go 200 sh Keadlng....l.c 4.,g' ICi Bh FA M B. 1-I2 200 do ...ie...b60. 8 Sh Lett V R...M.C. t6 200 do.- l. 46' J7? do....M....l. aoo do....lsbtk). 48?2 100 h Busq Cl....b0 2 400 do. la8tS0 16 sh (J dt Am td.124 Narr ft Ladner, 8tock Exchange Brokers, So. 30 8. Taiid Etreet, report this morning's Km iuui,n,iuu9 ua iuiiuwb; 10-00 A. M. 133i 11-17 A.M. . 133J 1015 " , 10'4l " 10-50 133Jll-25 , 133i 1334 11-30 " . 133; 133jll'35 " 13i Cooke & Co. onote Govern. Messrs. Jay ment securities, etc., as follows: U. 8. 6s of 1881, 113J113j; 6-208 or 18G2, WUnXUi; 5-20s, 1864, 1114llli; 6-20s, Nov., 1866, 112 M 112j(: July, 1805, 110jiail0S ; do., 18C7, 110$ 110 J; do. 1868. llOjOUOJ; 10-40a, lOOgOlOlri. Uhion Pacific bonds, 101J,vl01.j. Gold. 133. Messrs. Do Haven 4 Biotltur, No. 40 Sauth Third street, report the following rates of ex. change to-day at 1 P. M. : D. S. 6s of 1881, 113A mH; do. 1362, lUjQllli; do., 1864, 111 1114; do., 18(15,1121 U2.(; do.. 1805, new, 1104(3 110A; do., 1667. new, HOillOi; do., l8G8,H0i (VdliOSj do., 6s, 10-40s, lOKcflO'Jijdo. 30-year 0 per cent. Cy., H)lj101i; Due Oompouud Interest Nutes, 19,; Gold, 133Q133j; BUver, 120(3131. Messrs. William Painter & Co., bunkers, No. SO South Third Street, roport the following rates of exchange to-dity at 12 o'clock: United States 6s, 1881, 113,,'ail3; D. S. 6-20s. 1862, 11420114J 5 do.. 1864, 1111114; do., i860. 112J(2112;; do. July, 1865, 110J110A; do. July 1867, HOllOi; do. 186b, llOailOJ; K l8-40s. lC9410i)i. Compound luterest iN'otcs, pa-t due, 110-25. Gold, 133J133l. Tub lats decision of the United States Su preme Court that both eoln and currency are a legal tender, and that all contracts for the pay ment of coin are valid and may be enloroed by law, places tbe legal liability of the Union Pa clflo Railroad Company to pay Ihe Interest and principal of Its first mortgage bonds beyond question. Wnat some of the courts have here tofore held was a matter of honor has now become an obligation, and must enhance the market value of their securities. These bonds are a first mortgage upon one of the longest lines of railroad lu the world. The amount will be less than 127.000 per mile. The earnings from local business over a portion of the road last year were over five million dollars, and after Its completion early this season the Immense through traffic of the Pacific States will increase this sum to fifteen or twenty millions. The payment of both Interest and principal of tbe bonds in gold Is, therefore, perfectly sure. The present high price of Governments offera a favorable opportunity to sell and to reinvest In a bond equally tale and more valuable on account of the longer period before Us maturity, Ihe exohanoe tt noiopay a profit of from ten to fourteen per cent. As the Issue of these bonds will soon cease, parties wbo desire to invest are Invited to make their subscriptions at once They will be received In tbls city by V. Painter Y Co. and De Uaven A Brother, who keep a line on baud for Immediate delivery. Berloas Accident. MNcnisTE, N. H., Feb. 30.-C. II. Hnrlbnt, station agent here, had on of hi leu out off, with other Injuries, yesterday, by railing off tb platform of ear. ' SECOND EDITION LATEST BY TELEGRAPH, Uailway Legislation at Harris burg Affairs iu Baltimore. ITlmmolal cmmI Commercial F1WM H ARRIS B URG. The Fort Wayne Kitilway LeglIttioii. IIakrisuuro, Feb. 20. Tae followiug cor m'ponrJenco has taken place between lion. David Foy, member of the 1'eunsjlyania Legis lature, and Gcoree W. Cass, Tresklent of tbe Pittsburg, Fort Wayne, aud Chicago Railsay. Mr. Foy has introduced an act auihjrlz.ng the owners of railroad stock to rote by proxy, and to use and dispose ot their own property in any manner they see At: riTTSnUKG, FOHT WATKE, AND CHICAGO ItAil.ltoAD, l'KKBiDrsT'B Urt'lCK, Feb. 17, IHliO. Hon. David Koy, liou-e of Representatives, llarrlsbuig: The mil introduced by you sis supplement to the Ui-uerai Kallroad law ol 1819 is bo liarned as to meet tne wisnes and alms of tue gamblers 01 Wall street to vole oongtit proxies. From your conveixatlon with me on the subject I inferred that yon were oppoeed to 1.11 eucn schemes aod devices, and, therefore, am led to believe that you have not fully con sidered the phraneelogy. 1 should be glad to have some indication of what you wish, to ac complish by the bill. Yours, truly, etc., G. V. CA88. II0V8K OF UEPIIKSENTATITKS.Feb. 18, 1869. tltorge W. Gass. fieisldeut, etc: I aniftlu re ceipt or your iiivor of tne 17th Inst., asking wnat I wish to accomplish by tbe passage of my bill relative to proxies It gives me pleasure to respond. 1 expect to give every s'ookholder the right to vote either in person ou by proxy upon every share of siouk which is uisfuopckty. If, as you declare, tills will benefit tue ' gam blers on Wall street," It will not bo the first time that bad men have availed themselves of good legislation. You claim that this Is a "device." If It be a "device" to allow a uiau to do a he plcaset with his ou-n projiertu, you muy be right. to far as any oiiange iu my vlewsls concerned, I rel'ur to recent events. Wnen 1 supported your bill extending the term of liree fourths if your directors, it was solely upon your plea tbut It was necessary to protect our Slate interests. What do I since find? Blmply that It was a measure urged by tbe director ot a railroad compauy to keep tho o timer of tbelr road from putting tbem out of office! Jay Gould, of JNew York, swears under oath that he controls enough Interest in your railroad lo give nis frlende tbe manage ment. It tbat be to, by wnat right do you attempt to keep yourself in odlce by legislation against tbe wicbes of tne owneri? As yonr bill destroys tbe right of the stuckuolder to vote for his own officers, 1 00 not think It either just or constitutional. Ho far as the "Stale Inte rest," plea is concerned. It has been destroyed by the utier failure of tbe Peunsylvanla Central .. Kallroad, In lis annual report, 10 allude to your road, and by the (act tbat parties In your inte rest bave secured a charter (now In my hands) enabling a "througn" lino to be run between Chicago, Fittsbnrg, and Baltimore, entirely ignoring our own feonsylvaula Kallroad and onr own city of Philadelphia. Your first bill has been followed by an attempt (under the "device" of a general law) to de prive men who have bought aud paid lor their stock from voting tbe same. Tne device has been fully exposed by the legislative reporters of the New York, Cincinnati, and Philadelphia press. I think that. I bave fully answered your questions. Yours, etc, David Foy. FROM BALTIMORE, ; The Storms Tbe Steinecke Mystery " Our KetlrlusT President Kallroattl Changes. Special Despatch to The Evening Telegraph, Baltimore, Feb. 20. The wind storm Bight before last and yesterday morning wai very severe in this vicinity, and blew down many chimneys, houses, fences, barns, etc., causing considerable damage. The gale on the Chesa peake and coast waj also very heavy. Borne steamers were detained several hoars coming in and going out, and other vessels narrowly., escaped. , . i 1 All business will be suspended here on the ' 22d of February. J. N. Dabarry has been pro moted to Vice-President of the Northern Cen tral Bailroad, and Mr. A. B. Fisk takes his place as General Superintendent. Pre. Aikenand Conrade have sent the result of their post-mortem examination of Miss Stein-' necke to Carlisle, to be nsed as evidence in the elimination of Doctor Paul Schoeppc, charged with her murder. Mayor Banks and a Committee of City Coun- ; ells proceed to Washington Monday nest, to formally invite President Johnson to visit Baltimore alter the 4th or March. It is under stood he will accept. There Is scarcely a doubt on the part of John J. Cieswell's friends here that he will be one of Grant's Cabinet, probably Secretary of the Interior. Jadfie Wetsel Is determined to contest his seat iu Congress against Ilainmcl, Democrat. Congressional Neat Contested. ' Washington, Feb. 20 8. Li.Hogo, Assoolate Justice of theHuiirerae Court of Nortu Caro lina, arrived here last night.- Heolalmsaseat In Congress from the Tulrd DUtrlot, of that (State. Mr. Heed, tbe lemooratlo candidate, received a nujorlly of tne votes oast, and has a certificate to tbat elleot. Judge Hoge brings a certificate signed by the Hoard of Commie- . sloners and tLe Governor that tae received a majority of the legal votes cast. , The Death Penalty lu Illinois. Chtcaoo, Feb. aO. The Illinois House of Repre sentatives voted yesterday, veas 61, nays 31, to repeal a late act, aud to restore the death penalty for certain crimes. THE EUROPEAN MARKET'S By Atlantic Cable. This Diamine's Qaetatlons. London, Feb.20-A. it-Console, money and acoount. Dnite.l 8. American stock qniel; trie Bailroad, JJ, Illinois Centiai.7. CottoB dun. Mid- easier but nncbsnaeil. . Tbls Alteruoon's OjnotatlO". twnoN Feb. 30-P. tf.-Tbe closing rate for CooW 93 for money and DSfl 3i for account; V f lm, m; Illinois Central, 874; Ureal Whv"FeV 20 - P. M. - Cotton quiet. Upland middling. UH.: Or eanmiddllug,12u.; The ale amount to 7000 bales. Lar 7. ! Bcon, 68.jlTallow, 45s. 6J. Lokpof, Feb. 20-2 P.IL-Bugar afloat, 2M
Significant historical Pennsylvania newspapers