4
0 ... .:':..11tt - sil..t . tg#. l :..aaft . t . t . ..
FZ7BLIMED DAILY, :BY
PENNIILIN, REED 1t CO., 'Proprietors.
r. B. PENNIMAN, ,10sLut KniG.
T. P. HOUSTON. ' • N. P. BEI:Di
Editors and.Manaker..
OFFICE:
GAZETTE BUILDING. NOS. 84 AND 86 FIFTH ST
OFFICIAL PAPEft
Ot PlAtOnirgh, Allegheny guni Allegheny.
County. , .
Terms—Daffy. 1 Stinf- WeeklY. 14'etki.Y.
gnerycar.. .3i.l)olone year.V.so' Single copy.. .$1.50
ne month. ,75'Six inns.. 1.501 5 copies. eac h .. - 1 • 12 . 5
yt he week, ' 75. Three mos 7510 • • • • 1.15
(from carrier. ) 1 1 undone to Agent.
WEDNESDAY, MARCH 25, 1562
. .
We print on the inside pages of this morn
ings .
,;GAZETTE : Second ..page--President
Johnson's an ter to Articles of IMpeachnzent,
..f
in .u. 11; l i ird page—Ricer News, , Finan
t
cial .3fatter.s a New - York, Markets by... Tel
egraph, Imports by Railroads, Railroadtime
tables; tc.,, *Sixth, page—pinance and Trade,
Petroleum Market, HomiMarkets, l s•C. -c.
GOLD closed in New York yesterday at
13%.
BY rrs act legalizing the establishment of
the Erie railway - as a New Jersey corpora
tion, the legislature of that State has cast its
official influence into the quarrel between a
coimle of Wall street stock-jobbers. It
seemed to .be no questton of State dignity,
or of the true interests of her people, but only
of an amiable furtherance of a private finan
cial intrigue. Yet, as a temporary expecli.
ent, the law will have no small influence
upon the bqlls and bears in the neighboring
metropolis.
THE I.IIIiSBINI.I.Ic Expedition has ad
vanced a considerable distance into the in
teiior, but as yet encountered no enemy. It
is reported that Sing Tir.onottE has en
trenched blinself at a favorable point, to
await, their,: arrival: When the invaders
shall have reached a sufficient distance from
the coast, whichlis their only base of sup
ply, we may expect a speedy disclosure of
the tactics_ of their . enemy. England may
yet find herielf with, a larger contract on her
hands than she bargained for. •
ElptcocK does not return to New Or
leans,_the-President 'laving assigned Gener
al R. F. Buchanan to the command of the
Vth district, according to his brevet rank.
General Hancock will dqubtless take the
new Atlantic division, but, wherever he
may be, we hazard the, prediction that his
military career will be enlightened by the
civil experience which he has gained in the
past twelve months, and will afford evidence
that he has gladly accepted ty . release from
the false position into which he had drifted.
Tri. decided unanimity, the tinion Re
publican Executive Cominittee of Allegheny
county, yesterday passed a resolution, Word
ed in, strong. English, heartily denouncing
the action of the recent Philadelphia Con
vention in attempting to take upon itself the
responsibility of choosing Congressional
.delegates to the Natidnal Convention at
Chicago, and vigorously denying its author
ity to bind by instruction the. delegates
throiughout the State to vote as a unit. The
Committee in its action. only reflected the
opinion of every right thinking Republican
in this section of the Commonwealth.
Beyond this the Committee did well in
recommending that henceforward a system
of respomtible voting be used in nominating
Conventions, in place of the old system of
marying, .by which doors were opened to
all manner of frauds, sowing dissatisfactions
and . c9mplaints throughout the whole party
organization. Under the aim voce system,
conducted in an orderly and decorous man
ner, responsibility will be felt, and all who.
are'interested can tell for themselves wheth
er or not justice is done. By all means let
this,wholesome change he inaugurated.
TA ON DIA.NUFACTUR
We regret to hear that the actin of • the
House, on the , Senate amendments to the
bill repealing the' tax on Inanufactures, is
likely to be delayed for some days. The
bill must ultimately go to a Conference Com
mittee and we regret the delay only , in the
interests of a speedy adjustment of the ques
tion, the importance of which cannot be
over estimated. If, as - charged, the fourth
section of the bill, as it was returned from
the Senate, is so obscure in its phraseology
as to make it in fact an• exclusion of the pres
ent free list, abolishing it, altogether, and if
the $2 tax proposed to be laid on 'every
$l,OOO of sales over $lO,OOO is to operate as,
an increase of the present tax thereon by
one-half, the House shbuld undoubtedly ob
ject to such amendments and • restore the
measure to its character, as first, introduced,
viz : A. bill for the relief` of our . domestic
manufactures. But we repeat that action,
early, decisive and unambiguous, is what
the country demands.
THE PRESIDENI IS ANSWER.
This document was filed on Monday. Its
great length and the prevalence of a thun
der storm, which deranged the action'of the
telegraph, prechided us ,from publishing it
entire hi yesterday's GAZETTE.. irapor
tailcoats part of the.record , in this great State
trial justifies us in printing its, full text, in
an accurate form, this morning. •
Upon the statement as of fact, that Mr,
fierarron received his appointment" from:.
President Lriccomi'; and that, finding him in'
tiLd War 'Office on his own accession to the
Executive functions, he continued to recog
nize him as the Secretary, holding the office'
at his own pleasure, the :President's entire
defence against what•we may call the STAN
TON Articles is, made to. turn upon his right
to dismiss him at,Any. time. Denying The
constitutionality of the Tenure of Office
Act, - bithat, if constitutional, its provis
ions would cover AIr.:Y 4 STAMOt's
ease, , he, I. avows `c :that- .he suspended
him to make a cask fokj4cial l bitfrprf , a.
ti0n11434 that he...a,flerisW4,l.9/513e !fini
.41
wiIe.Ac9PII4OO,OPB4I.O4II4APY c,FPcitigia.
him to - disregard the JAW. He denie#tbftt
the facts embraced in the appointment of
. .
Gen. Momas, .or in the conversailons
„ with
Tory,
Gen: tfno afford any evidence of a ' con-,
spirackas•charged or that any violation of 1
the Constitution and laws was thereby in
tended': He denies . the correctness of the
reports of his speeches at Washington, Cleve
land and St. Louis, hut claims that, although
President, he Was never divested of•the right:
as a citizen to comment upon public or po
litical questions. .
Apart from its traversing many of the
facts charged in the eleven •A.rticles, and 'ad
mitting others, but denying the inference,of
criminal intent therefroutthe Answer makes
a square issue upon the constitutionality of
the Tenure of Office act, charges it to be an
,invasion of theprerogatives of the Ekecti--
live, and plates his defensc.upon the ground
of a paramount duty which he could not ig
nore Without infidelity to his' official trust.
•
The point made against the Secretary, as
an appointee of his'predeeesior and not of
II himself, is* the only substantial one: in this
I ,
i! defence which bears the ear-matks of pro
fessional astuteness. The remaining points
are the defense of a politician, and present
no view of the case which has not been al
read} exhausted in , , he popular discussions
of: the last four Teks. We believe the
Court will disp6se of the first point by
holding that the Tenure of Office Law was
constitutionally binding upon all citizens, in
or out of office, until abrogated in due form,
judicially or otherwise; that by its first sec
tion Mr. STANTON was entitled to hold the
office until his. successor should be appointed
andduly qualified; that the exercise of its.
functions by him after Mr. Joutisox's acces
sion to the Presidency, with the approval of
the latter, as ' continued for nearly two
years, had the legal effect of a re-appoint
ment by 'Mr. JOHNSON himself, so ,far as .to
remove the case from the
. operation of
the second clause - of ' the- Same section
'which makes the term of a Cabinet officer to I
expire one month after that of the President
whO appointed him. We believe that the
Court will hold, as covering all the zround;
in tact and saving to the fullest' extent the
operation of the law itself, that - when,
on Mr. Join sox's accession, the entire
Cabinet of his predecessor, Mr. STANTON
included, tendered to him their resignations
. of office, which tender was declined by the
new President, this offer . and its cleclina
tio3z were tantamount to a new commission
from him, and that thus' Mr. JOHNSON'S
answer falls to the ground.. And we be
lieve that the decision of the Court upon
all the issues made will coincide with the
f judgment and necessities of the nation.
The Managers filed their replication yes
terday. This is very brief, and simply
closes the issues as made. The trial is *or
dered to proceed on the 30th inst. • .
LIFE INSIIRANCE.
Greater interest is felt this year in the an
nual, reports of Life Insurance Companies
than ever before. For a considerable pe
riod past the business of these companies
has been steadily increasing, thousands and
tens of thousands of persons availing them-
Selves of the advantages offered to make pro
vision fot their families in case death should
smite them down ; but on the part of mos
'of the companies the effort has been to show
the largest possible aniount of business, with
out especial regard , to. the. expenses incurred
or thb risks run ;•bu now a healthy reac-
, •
"lion has set in, -Which will compel greater
circmnspection on 'the part of managers.
The Mutual Benefit Life Insurance Com
pany, whose headquarters are at Newark,
N. d,, has, always borne the reputatton of
being a carefully- managed and suecciiful
'company. By its annual statement - which
may be found in another column, it appears
that i its total, receipts in. 1867 were $4,939,-
892 25, and its total payments, including
losses by death, expenses, ac., $2,364,892'-
22, the balance • amounting to ab0ut4,675,--
000. going to midi the . assets,:vhich on the
first of January amounted to $14,290,088 17.
The amount of the return dividends to be
insured is fully stated in the advertisement.
In the pleasant city of Newark there
is standing a building which pretends to be
just what it is, a sUbstandal, dignified struc
ture of brown stone, with suitable trim
mings, occupying two lots, and affording a
commodious suit, of offices for the Mutual
Benefit Life Company and two floors above,
with a separate entrance, which are let out
for other business. The main building was
erected before the war at a cost of hardly
more than $lOO,OOO. It could not be put
up now for twice that amount. The com
.
pony are Just completing an extenslonin the
rear of two stories high fordirectors' rooms,
medicel examiners', room, library, rooms
for the mathematician and his assistants,
etc., the increasing business of the company
requiring already part of the space set apart
for those purposes in the old building, In
each of the larger rooms of the extension
there is a fireplace fitted by a montlepiece of
variegated imitation (by, the'' Middlefield
Stone Co.), some of them very,pretty. The
wainscoting of black whlnut and carpentry
dressings of the same are quite in the fashion
The genemloppearonce of-the of is one
of cheerfulness and business comfort. you
Would be inclined to think, on walking
throttgh them for the first time, "Well, they
are solid, respectable, sensible, healthy
minded people here, evidently, 'ond not be.'
hind the age, either." _ ,
No;_they_ore not behind thetitge.....` ttoWit
stairs there, in the "packing room," you
wilisee-stocks - of - pamphlets, circuit" etc.,
containing facts and statistics carefully pre
pared by the terapany'a ownliffic'ers, and
issued in the very best style of American
typogiaphy: They - are really delicious
things for an, old - printer to handle. And
the eenterits themselves' are up to the latest
impaoyements' in 'the:science of Life Insur
ance. Then observe 'the perfect order that
prevails. Over yonder is the great safe,
locked In by massive stonewalls, solid also_
under foot, and tivier-fietid are the live rec
ords, ,applieitiiiWilolfdes,- aisiglitrients,
Pernlittif l lti / 1 6 elfll l l 3 ll4F /4 te PAT IBI *
so arranged that the proper (Ad - aeon lay
his - m*l , uion ''Aii,:4liiiticul*OiiP lil fitilf
It 0,23.34,e. '1
is- probable' that there is no other coma
pany in existence that can .honestly offer
.. .
. . .
:,,-,..,, r,,,,,,,,,,....,,,,,,a...-m,-,-..,,,4.-4,:-,,•,,ra.:7,.=,7,... w0k0,14.,....77.,,,____,..1,,,t,,,,,,,,,,,,,,,:..
447 __,,.... 4w ,,,..,.... i ,.. t,,... ..,,,TA.
~._,-F .... •„•-, , z z. .,-v•j. ,• ,-„,-:t-. „ . , t.v t .„ 4,, Ti z r.- . , -,- .,..t o' r.l'as..'•r"-',.,;'k'r...',.,".rFrt,,,, .. ';''. • *,%•: 4.9'-7.4W--'7.,,,,-,..1•,'-eZAZY,c r aii., +t,719.4",.E.'4..''','",. A" 7 " . "‘Z.ra.t r i, , .."' ''•• .. -..' - V.-.
. . .
. . .
..• . .
_ .
IirI7SI3I.IIItIrGA2ITTIF, •-`
more advantages ,to its patrons.,
,Every,
year a calculation is made of all existing
policies, ana securely . set aside and
held in trust to meet all liabilities. Divi
dends are annual, and paid during the
life-time of the assured. All the excess of
premiums over the cost of the business is
in this way paid to the meMbers.
I:Special Corre6pon.l ence Pittesbargh Gazette.)
HAnutsnuno, March '').,, 1808.
I enclose, for publication, a copy_ of the
Free Railroad Law as it pasSed both Houses:
A careful • inspection Of this laW will fail
to develope the iiideouS deformities attributed,
o it, and the reader-will be slow . tO diseOver
wherein it is a "frand'' and a "trap" , •..
.„'
The outcry against this law, as it passed,
Comes from such men as Mr. Jenks, of Jef
ferson, n'io Would rirefer to' .keep this'ques
don an open orizin bolitics, because as long
.. as it remains unsettled, theDeinocracy may
profit from our clisSe sions uponit, and Mr.
Hickman, •of Chest r, who was opposed,
throughout, to any : ree Railroad Law,, and
Tire QUESTION of Irish Reform is to be
who voted uniformly against eVeryimotion
formally presented for, discussion in the
made in the House to • make the la .
English Parliament on the 30th. of May,
liberal.. The reitark,domeewith.an.
when Mr. GLADSTONE'S resolutions are to •
be taken up. These resolutions, laid befbre front kith ' that he wanted to vote tisN
because it IVSS not "genuine."
the Commons on Monday, propose in r.effect law
.•.. . , ,
the abrogation of the Irish Church Esta all he could, to
411 settling the dotal of this,blfsh- ;
The difficultyMa it hogus.
meat, and that its present • patronage lie. I
placed at the dispesal of Parliament.' This bill was, that th real anduntil takable 1
''
proposition regards more than the merely
friends of a Free Railroad
,g NW
s e ctarian view. of Irish affairs: it concer agreed. Some th unlit $4 000ere' not a
mile sub'
ns
closely and vitally, the • broadest politlcaillscription was large -enough; :others thought
i, $O,OOO, whilst others still thought: $lO,OOO
and social questions in the sister Island.. And so it-'teas other de
The advocates of the Establislunent. have little enough. '
tails. It was a new subject, and men had
ever held its continuance and supported
diverse ileirg. - iipojilt. . There:Wai'fib -pOSsi
recognition by the Government to be essen
bility, consequently, of that united action
thil to the actual submission of Ireland to
which would have. extorted a better bill; and
the: Queen's authority, while his maintained '
much of the misunderstanding in the-public .
on the other hand, and with unanswerable
force, that the enforced -submission of the. I
that some of those° who could not get the mind , about this bill grows out of the fact
' large Catholic majority of the population tol
1 . majority to think with them set their judg
a State establishment of different faith is a
meat up as the absolute test, and ruled out
flagrant violation of the freedom of consci- i
once, and of all :eligious liberty.
1 as bogus any measure that did..not come up,
~
i in every respect, to their ideal.
If • Mr.. GLADSTONE'S •prOpoition shall
In all new measures. there must be some
ultimately secure Parliamentary approN - - i
latitude as to details; and experience ,must
al,. the reaction in „ the religious i
be relied upon to point Out difficulties and
status of .the Irish people must work an
immediate and radical change in their per- indicate the method of their removal. Time
will doubtlesi show what the imperfections
. ception and enjoyment of civil rights. All
sides agree in admitting that the proposed of the Railroad law are, and with timeand
change will be sweeping
but whether for the Ing in its present and . experience the proper remedies will come.
remote conseqU
The differences in the matter of the details'
ences,
better or the vi - orse, in the interests of social , of this bill - centred mainly around the
progress and the positive elevation, morally 1 amount of subscribed stock per mile and the
and politically, of the Irish people,—that is r amount which companiesi when organized,
the question upon which the whole discus- I should be allowed to borrow. The . House
sion must turn.' As to facts there can be no bill fixed the minimum amount of subscrip
dispute; the inferenceS from these will be ; ,bons at . $4,000 a mile, the Senate 'bill at
likely to continue, as heretofore, colored or ! $10,009. The House. bill fixed tie outside
distorted by the peculiar sectarian views, or I limit • of borrowing at sko,ooomile, no
the Rolitical sentiments of English states- 1 matter whit the capital 'stock migit be; the
'men, and we fear, therefore, that Irish Re. i Senate bill:fixed it at the amount of paid-Up
• form can never be inaugurated until those ! capital; and the bill, as finally passed, ' fixed
statesmen shall be educated by events to a it at double the amount of paid-sup capital.
higher and nobler view of Political duty.
, , On the first difference there was not so
.11.--41 : much difficulty. Many of • those who
These dividends have for some time a
mounted' to fifty per cent, per annum, and
since the organization of the company,
there has' been thuS distributed, Over
. $6,000,000.
The expenses of this company, in pro
portion to its laconic, are Zoleer than those of
any other cempeny • doing business in the
United Slates.' - • - • ; - '
,„,
THE C.KNAMAN CONFEDEnnatoN must thought $4,000 or' vttuvo suoscripuon, per
either be perfected so as to ittelude the'entire mile, sufficient, were yet willing' to concede
British possessions on this continent, upon that point and agree to $lO,OOO, it being
such a footing of equality of provincial certain that no 'railroad will ever bebuilt in
tights as to satisfy the reasonable demands of i Pennsylvania at' less than from twenty to
each of the former sub-divisions, or will forty thousand dollars a mile. But on the
inevitably end in a dissolution.to its original borrowing question the difficulty' was more
elements. The rapidly increasing popula- • Serious", and I cannot but confess that on
tion of theregions in the-remetc. Northwest that 'score the bill is, unnecessarily illiberal.
and on the Pacific slope are .urgent in their No railroad As ever likely to be able to bor- .
demands for recognition as au integral part row \ more money than it can offer good se
of the new Confederacy, and do not hesitate enr4y for; and the Legislature might very
to avow, as their alternative, an early an wis.6ly have left that, without limit, to the
nexation to our own Republic. On the other judgment of lenders.
hand, the extreme Eastern pros inces of New 11, the majority Lathe I.eruite. was un-
Brunswick and Nova' Scotia are loud in \.{elding on that point;:: and that being well
'their complaints against the unfair prepon- i understood, the question .remained-:whether
derance of political influence which the ad it would not be better to take a 'pill, liberal
of Confederation concedes to the two Cana ' in other rbspects but illiberal in that, rather
das. They specify, as grounds for their, than-no - hill at all; to take from the present
dissatisfaction, the_policy of the controlling what, we „were sure of - getting, instead- of .
majority in the two leading provinces, trusting to the future for what we might
legislate adversely to the interests of their never get. For My part, I thbakthe friends
Eastern brethren, retarding their material ; of a Free Bailroad Law acted jildiclously in
progress and denying to them their just taking the law as it paseed as the basis upon
share of influence in the Confederate gov : which, in the future, a more substantial
eminent: It is evident that the consolida structure can be erected,. if -they
.had : -not;
tion of the . new. Dominion was a measure taken it, uow, they Might not have gotten it
not properly matured by able-and provident again, but having got it they cannot Well_be
statesmanship, but was rushed through in deprivedofit hereafter; nor ofsuchalterations
the interests, of the aspiring politicians of as experience may dictate..
Ottawa, Montreal, Toronto -. and quebec.: It is due to the Western Senators to say,
And the indications all are that unless the that Messrs.. Lowry, Brown, of Mercer,
popular dissatisfaction in the other proVinces j BTOWne l of,Lawrence,Taylor, White, Gra
b speedily, quieted by concessions and a re- ham and Errett did their"level best" to make
adjustment of thus basis of union, the new the law as liberal as possible, and . that, in
Canadian C l onfederation s'. di .soon he known this, they were nobly seconded by Messrs.
only as an td)ortive political experiment Cowles, Connell, Colemah and Billingtelt.
It is _specially due. to Mr.. Connell to. say
that6&criery question_ hei voted : With the
Western members, and 'in favor of every
-liberal proposition. Mr. Wallace, also, gen
erally voted with them, and Messrs. Btinson,
'Worthington, and .oheemaker voted with
thein on several important questions. Had
Messrs. Stuirman and Searight voted with
the other.. Western Senators, the borfoWing
clause would have been made much more
liberal than it is. ALLECHIES
THE DF.T.OOILATIC scheme of taking off'
Presidents by poison, or other violent meth
ods, appears to ha%e been imported from the
United States into Panama: Gen. GLAZE;
President Of that State, expired thus • on the
3d inst. If the democrats would only ex
port themselves, as well as their
,favorite
Idea:they Would be entitled to thanks. In=
stead of that, they, are
. engaged in sending
threatening letters to Waihingtou, promis
ing to do terrible - things in the way of as
sassination, unless the Republicans will eon
sent either to abdicate authOrity in the na
tion, or to wield the powers of, the govern
moot under dictation from their -opponents.
Acsuus.loads the Calholic powers of Eu
rope in file absolute legalization of inarriage
as a civil rite, the bill to that end having
finally passed both branches of her Reich
sttuth: ' '
Towrismio's last Washington letter illus
trates a very significant moral for publica
tion in the following paragraphs:
A few days ago Secretary Seward left his
house—the place where -Bayne stabbed him . 1
in bed—to go to Anburn. It is suspected
sagely •that he will returnino more to Wash
ington, certainly never again as:the states- ,
man of any party, "and possiblYno more as I
an accessory of 3lr. Johnson's administra- I
that.- . Far mar; I am sorry to see the little
Icl nin'ape , t2ittit these vicinities. He was
the nucleus of theltepubl lean party. 'Around
hislalents and that onebarliest speech he de7
livered upon the impreisible conflict, the
North grouped itself and moved on the
works of slavery.. But Mr. Seward grew , '
to fear thepower of his creation, " He shrank
front the Republican party like Frankenstein
'from his, colossal, livutg Inanikin. In vain
he re‘reated to the icebergs of 'Alaska and
the hurricanes; of St. Thonuts; the : k avenging
giant he had fathered upbraided liint even
there. This is no country for "Trimmers."
Mr. Seward, a feW dayS before he lett iten;;
• shed tears in a conversation he was 'holding
*l* 414tacqUal4Inic3 540Ainqii ; 4 4
tuntniducedbeyond , mrworstileserts
he iaidt'al am the best mie-appreciated Ma'
1 in the country."
G. A. T. on Secretary Seward.
• I t 1
• --,;•
HARRISBURG
The Text of the Free'ltattroad 811 l as
SECTION 1. Be it enacted by the Senate, and
House of Representatives of the Comma
wealth of /tanks/canto, in General Assort
.
bly met, and•it is hereby enacted by the au
thority of the same, That any number of cit
izens of. Pennsylvania, not loss than nine,
may form a company for the purpose of
Constructing, maintaining and operating a
railroad for public use in the conveyance of
persons and property, or fot the'purpose of
maintaining and opetating any unincorpo
ratod'raliroad already constructed, for the
like public use, and for that purpose, may
make and sign articles of association, in
which shall be stated the name of the com
pany, the number of years the same is to
continue, the places from and to which the
road is to be constructed or maintained and
operated, the length of such road as near as
may be, and the - name of each county in the
State through or into which it is made or
intended to bo made, the amount of capital
stock of the company, which shall not be
lOSE t an ten thousand dollars for every
mile of road constructed or proposed to be
constructed, and the number of shares of
!which said capital stock'shall consist, - and
`the namexand places of residence Of a iires
ident, and not less thao six nor more than
twelve directors of the company; who shal.P
manage its affairs for the first year and un'.=
Mothers are chosen in their, places. Each
subscriber to such articles - or.msociation
Shall subscribe thersto his, name; place. of
residenSe and the 'number of shares of=
stock he agrees.to talmiumaid company. On
compliance With , the provisions of the, sec
ond section of this supplement, such arti
-oleos of association Shall' be acktiOvvledged
, by at least threepfthe tlirentogsbeforpoPino
.Oilicer competent to tifke'aco*ledement
-bf deeds lathe county : where, the. princit
"'WIWI:iIk designed' to be iodated, alictina7
filed in the office of the Secretary or the
Commonwealth, who shall endorse thereon
the, day they were filed, and record
the same inn book, to be provided by him
for that purpose, and thereupon the said
articles of association shall become and be a
charter for the said company, and the per
soris who have so subscribed such articles
of ta.ssociatiOn, and all perions who shall.
be§ome stockholders in such companvshall,
be a corporationlyy the name specified in
Such' drtieles of association Or charter; and
shall possess the powers and - privilegesfol
lowing, to wit:
,
First—To have succession by its:corporate
name for he period limited in its jarticlesof
assoCiatio
j !
.. ' ,
&eon,/ To sue and- -
be sued, complain'
and defe din any. court of law or equity.
Third To make and use a common seal
and alter the same atpleasure. . ' ..!• . -: ":.
_pourtlii—To hold, purchase and. convey
such real - and personal estate :- as
the. purposes of the corPoration shall re-1
quire not exceeding the amount limited-in
the articles of association. !' . . . . •:.
. Fifth—To appoint such slibordinate.:Ofh
cers t and agents as the business of thetor+-
,poration shall require, and'to .allow_theni a
suitable compensation. . ' " ;
S'iztli,;- - To - make by-laws not inconsistent
! `with anl
existing law for the 'management
of its pr, erty and regulation of its affiiirs,
3
andfor etransfer of its stock.
Sne.„2. ' Siich articles" of association shall
not be filed and , recorded in the office of the
Secretary 'of the Commonwealth' until At
! least ten thousand, of stoelt.for every
I mile of railroad proposed! to be Made is .
subscribed thereto, and ten per.centum paid'
thereon iii good !faith, !and in cash, to the
directors named an' said articles ' of associa
tion,' nor until there is"endorsed thereon or
annexed thereto an affidavit made by at
least three of the directors named in said
articles, that the amount of stock required
by this, section has been in good faith sub
scribed and ten per centum paid hi cash
thereon, as aforesaid, and that it is intended
in good faith to construct or to maintain'
and operate the road mentioned insuch ar
ticles of association, which affidavit shall be •
recorded With the articles of association as
aforesaid.• , .
.• , -
SEc. 3. A copy of . any article of associa
tion filed and recorded in pursuance,of this
act, or of the record thereof, with a copy of
the affidavit aforesaid endorsed thereon or
annexed thereto, and certified to lie a copy,
by the Secretary . of the Commonwealth or
his deputy, Shall be, evidencJ of ' the.•incor
-1 noration of such company and of the - facts
!.thereri stated. ' ' ,
' SEc. 4 When suCharticles of association
and affidavit are tiled and recorded in the
office f the Secretary of' the Common
-1
wealth he directors named in said articleS
of asso iation shall, in case the whole of the
;capital stock is-not before subscribed, keep,
open books of subscription at their general
office and at such other places as they may
deem expedient, to fill up the Capital stock
,of the company, giving such notice as they
may deem expedient; and shall continue to
I receive subscriptions until the whole mipi- '
tal stock is subscribed; at the time of sub- '
scribing every subscriber shall pay to the
directors ten per centum , of the anionnt
subscribed by him in money, and no sub- 1
scription shall be received or taken
without. !
such payment. • ! - !
SEC. 5. Whenever the foregoing precis
ions have been complied with the persons.,
named as corporators in such articles of as.- I
sociation are fully authorized to!carry into
effect the objects named therein, as fully as
any corporation heretofore created under ~ I
any special act of the Legislature, and said 1
corporation thus created shall be entitled to !
exercise all the rights, powers andprivileg
es!and bessubject to all the restrictions and
liabilities of- the 'act regulating 'railroad
companies, approved the 19th day of Feb-'
Nary, one . thousand eight hundred .and
foiiy-nine, and the several supplements
I thereto, as fully and effectually as if said I
! powers were specially incorporated in said.!
I charter. And the said company shall com-
, menee the proposed road, it" not More than
I fifty miles in length, with at least ono track,
; within one year from theirorganization as
aforesaid, and prosecute the work with due .
! diligence, and opeii and complete the same
1 within thin years, and shall have an addi
tional six months to complete their road for
each twenty-five miles over the fifty miles
aforesaid; provided the road be opened
for use in all cases when fifty miles of track
"are laid. ! . • ' ' '
Site. O. Whenever any railroad, company •
Chartered under the laws of this Common
wealth, or created and !incorporated under
the provisions of this act; shall, in the opin
ion.of the direttors thereof, acquire an in
creased amount of. capital stock, they.shall,
if authorized by a majority of the , .stock-
Isiders, file with the Secretary .of the Com
'monwealth a certificate setting, forth the
amount of such desired increase, and there
after such coin ,)any shall be • entitled to
.have such increased capital as, is fixed-,by"
said certificate. , • ' • !- - •
SEC. 7. The number of managers; f any
iI company incorporated in Pursuance of this
I act 'shall be a president and not ! less' than',
six, nor more than twelve, directors, as!!
shall be fixed by the corporators thereof at I
their first Meetingto choose direetersof said
company, a majority of whom'shall be eiti
zens of this Commonwealth. • '!•! , '
SEC. B.. The president and directors of any
railroad company created under" this net
shall have power to borrow money not eft
ceeding the amount of capital *stock sub
scribed, and issue the bonds of the cern- -
pany therefor in such amounts as shall not"
exceed double the amount actually paid up
of the -capital stock. subscribed, the • pro,
ceeds whereof shall be actually - expended
in the construction and equipinent of their
road; these bonds to be payable at such time,.
not, exceeding fifty years, after .the: date
thereof, and at such place, and at such rate
of interest, not exceeding seven per centum„.
as said. directors..inay deembest, and may
secure the payment of said bonds and in
terest by a mortgage on the.. said road and.
franchises. ~, ~ ! . - .
Sze. 9. Any cempany incorporated under,
this act' shallyhave authority to ,oanstruct•
such inanchesfrom its main line as it may
deem necessary to increase its business and!
accommodate the - trade and travel of the
public-. - _
SEC. 10. Companies formed under-the
provisions of this act; or, chartered .under.
the laws of this Commonweath, shall
as
the right to construct their reads. so ag to
cross at grade the track Or tracks of any,
other railroad in this Commonwealth. 'Pro
vided, hoirever, That the cost of making and
keeping, such "crossing' in repair. shall' be,
borne by the company whose road krossee
the trtick or tracks ofanoth'er. Ancipk‘vided,
farther, That the company whose - road
crosses the track or tracks of another shall
keep at such crossing as many persons''as
maybe requisite, to give the necessary sig-
mils to prevent ficcidents. - -.' • - • •
Sko. ii..COMpanies whose roads shall be
constructed under the provisions: 'of this
act - shall have the right to conned their
roads with roads of a similar character with
in this Commonwealth, or -at the line there
of, upon such.terms as may be agreed:upon
by those who have the management of said
roads, and in case ;of failure of an agree
merit on the part of those having 'the man
agement of said !roads, Ahem' and in that •
ease,. either of said partieg may apply tothe - 1
Court of Comnion Pleas.within the jurisdie-
tion in which: said .conneetn •is , •prOpoSed.
to be .untd.o„ *hose duty-•it shall Joel* fig. - .
point arjury of three men; who shall deter
.mine and fix said terms,' whieh, when ap.
proved . byeaid Court, shall be cofichisive.- . •
SE°, 12. Vhis act-shall not be so Construed.
'as to authoritethe formation. of street pas
*longer railway companies .to construct pa.<..
stinger railivaysituader.orAiy !virtne.:of its.
;provisions iroany. , lcity - Of this !Comition:
wealth; nor. to authorize anycOrticiration
formed - under this act to enter upon mid oc- !
cupy any, street, lane or alleyinanyineer
porated ! !
,city. . ln f this ; ,Commonwealth,
with the censent pfrsueiCity: having been
first had and o):itaitiod.. : ,„.-., ~ /
SAC•A‘ All gettik or ,party. cieti
49ta 11e 67
sisteritAerevidth jirOherfilly ;repealed spla 4 r
99 theY...tnaYrAgecto•WlY,lPAraticel• tWiti
MK.
_HA° 9100 . 30.0Ander„ t tlAajtot„ ,ttad, the
Leg's9.lo.„ti.rWr*.Alte;.tigbi; to.,
neri4 4 49F - o ,' h*r-* toYn0400;
In . me manner eier, Iris
In:
justice - to - corporations. •
'v.more
I,grace
nst the
He did
Passed.
STATE
.NEWS
—Mrs. Lander is in Erie.
—The committee at Ilarrisburgh who
were. to - locate the-next State Agricultural
tair,,lutre as
,yet naadeno decision.
—Rev. Mr.. Nash, pastor :of the Preslay
terian ehurch at Corry, died on Wednesday
morning' of a disease of the lungs:
Isadot
Meyer, nas been, cennititted tojail
at Franklin; for attempting . tin outrage on
it child of six years. Only a week or two
ago the man . was accused - of a- similar ,
crune,lmt escaped arrest.
—We learn , that Messrs. Brown Bros., of
Pleasantville, sold two parcels 6f_ real es
tate on ,Wednesday, tho first consisting of
eight acres at $10,000,), and the second. of
twelve acres at $lO,OOO.- The tract is located
within the borough and in the rear of
Brown Bros'. store, and was purchased for
oil 'imposes. • , , '
. ,
—On to-morrow, our good,; genial old
1 friend, Robert, Wallace, Esq., father of the.
Doctors and, Col. D. H. Wallace, of this
place;. - will, celebrate his Golden 'iitedding...
His children and grand-children will have
- a `ple.asant time with him, and we, heartily,
congratulatebim upon the "happiness'! his
friends iVished,hlin fifty years ago.—New
Castle Gqiette. ,- . - i
—We: learn -from the Titusville Herald.
that on.Wedhesday afternoon last it colored
bov, named Harris, aged about nine years, : :'
r
whose parents reside on 'WI hington,street,
Petroleum Centre, fell in o Oil • Creek at
that place' and was drowi ed. ' The ', creekT
has been dragged 'in sear h of his ' body,
.
but up to last evening. it -had not been
.found. It is thought, that, a 9 the current
was quite rapid, the' body-has been carried
to a considerable distance-down stream.
—We are pained to record' the sudden
and terrible death of. Mr. John.M. Sabins,
of Clymer township, on Tuesday, 12th inst.
Mr.. Sabina, and u °younger brother were
cutting, logs in 'the woods. Finding it
necessary to cat off a windfall near the
roots, he mounted the fallen tree and com
menced -sawing it - olf. •As soon as it was
severed, the stunip, on which he stood,.
fell sudenly inward, crushing him between
the roots and _the trunk of the tree and
killing him instasitly.—Tioga County Agi
tator.
—There are now in course of construction
and contracted for, ,the Indian Oil Com-
Tany's Flroperty, et
,1‘ n.
.s.ller,•four or. live iron
tanks of total capacity 'of fifty-five thou
atid barrels. The largest cf these tanks is
'to have a crapacity of twenty-four thousand
barrels. The demand for - lots on which to
build tanks in the vicinity ofMiller is good,
and it ia . prohable that iron tankage to the
capacity of seventy.ftve ilhousand barrels
will be constructed by the first of July
next, when - the total capacity of tankage at
that 'point will reach over one hundred
thousand barrels.
HAVE YOU A COUGH
SArgent's C041 . t Syrup will cure you
rHAPEI7OII A COL)) ?' • -
Dr. Sargent's Cough Syrup will cure, you
HAVE YOU ACUTE OE Citnoxic Sim:warns . . 1
I.)r. Sargent's Cough Syrup wip. euloyou.
HAVE YOU AST/IMA •
D. Sargent's Cough Syrup will relieve you.
HATE Ton OrntEssurs m TILE cIIEAT?
Dr. Sargent's Cough Syrup will rellere,you.
HATT. You WE. - AK T.l:NriS? •
Dr. Sargent's Cough Syrup will: cure you.
HAVE YOU A SORE THROAT?
Dr. Sargeut'e Cough Syrup will cure you
HAVE YOU AZ-i'F DISEASES OF THE T NROA*, LUNG
OR CNEST? . - 1'
Dr. Sargent's Cough Syrup is ths hest preparation
'for such diseases you can t..3.1:C.
For sale 12 . .3 - all Drziggists
FIFTY CFNTA'pER BOTTLE:
IT IS AMAZING
That the feeble should totter with uncertain steps,
over the race of tbe earth, in danger every day of
Wittig victims to that:6o;l;ld influences by which we
arealisurrounded. w ' en a tested and proven.vege
,
table tonic, capable of endowing them with the
vigor they. need, p is procurable in, every city, town
and settlement. It might reasonably be thought
that after the twelve years' experience which the
world has had of HOSTETTER'S BITTERS, ALL
would know that its effect is to prevent disease.
,
At this season the atmosphere is surcharged with
the seeds or intermittents. remlttents, rheuraatism,
pulmonary disorders; bilious complaints and the
like. Tersons whose , nervous systems are relaxed
arc the first to succumb to these diStempers. Brace
up the physical energies then with 'MIS potential -
vegetable totac. • It is the most powerful recuperant
which the botanic kingdom has ever• yielded to pa
-1 tient research and experiment. Try It. The blind- ".
est disciple of the old medical dormas will at least
admit that a tonic and alterative, compounded of
approved herbs, roots and barks, can do no harm,
while the testimony of thousands invites a trial of
its virtues. the -thing these s
eases, as well as In Alyspepsid and nervous affec
tions, and HOSTETTER'S , BITTERS is the safest.
surest and most 'wholesome strengthening prepare,-
Lion that human skill has yet concocted. ,
Hundreds' of physicians have abandoned - all the,
•eilicinal reeeipts and prescribed this harmiesti tonic,
as a preventive and cure for ail eases of Chills and
CURE OF DEAFNESS*,
I 101 wry fi c arlng, during the last year. Thilit or;
the iline I was totally deaf in f this year 'I
was induced, from an advertisement, -to make ap
ptl~itionto-,
oE.•"Ka.Tszn, 120 !Penn street;
hurth...-41ter having tried Various pledielues 'front ,
• doeterS,7;l.tOriat : Tay benefit, I have been wader Dr.
Keyser , l tte...o.mellt now for nearly two months, and.
am entirely 44Ored to my.hearings , so. that can
ileac aphi!dioi?. • ' JOHN EiCitiLt.N,
• coal ltl'uffs,-Wii4hingtOu Co., Pa.
\-; - AN 4- Yprtylt CUrE • -
A man called to-day at Dr:;'Keyser's ofilce to in.
form him of a great cure - maderbv hfsLIISG COME, or
rousioNs.ny 11.E.slionamiyn. list these cures
are mado with,the Doctoro preparatioas,-he desires
it to be 'distinctly Understood that most of his great
cures are made ili2accOrdanee . irtth the established
law fi that govern the aCienco:of taedidine; in which
helms been engaged:OF the past twenty-five Years,
Last week heLwai recelpt`oil a letter from a
clergyman in the t:iste.of Ohio detailing another
Most wonderful cure
DR. KEYSER'S RESIDENZCONSITLiING OF
FICE FOR LUNG E:S:AMINATIONS AND TREAT
MENT OF CHRONIC DISEASES. No. 333 PENN
STREET * FROM 9 UNYIL 24..`
NEW- Amtmivrisr.rtrENTs.
601UNTEIR,' SHEILYIIIII _
&c., FOR SA,
_ •
• FOr ONE 111.TXDRED DOLLARS , -One Counter,
.twelso .7)rawcre,. one, Stove., Sign .Iloard, an Iron
frame fornwning, two Setteca Screen, Shelving and
Flxtut'es at No. 88 Market street, corner Inamond . .•.
Inqulre at GEO. A LIIRCE, SON & CO.'S, 71 WoOd
street. filar:Zuni] . GEO. AL.I3ItEE.
TT-STERN'DISTRICT of PENN
v v E SYLVANIA: S.
At. rlttshurgh, the go4th day of atareh.. A, v.
1868, The' undersigned hereby gives notice 'of his
appaintraunt as Assignee of WILLIAM ROBB, of
Putsburgh. , - inlhe county. of Allegheny, and State
or rew)eylvanta, within sald dbltrletovho has been
• adjudged a bankrupt upon Itla irs:n petitibnc •tq the'
District Court otnidd dlstriet4l;.. •
= - JOlll4 Assigneo, ;
- Attorne •••••itt-Lasr. 99 Grant st: '
IN ,
N lASTRICT,-COURT.
UNITED STATES, for twWeitcrn District of
rennsvlvanla.
WiIA,IA3 I C. FOligrYDE, , n ilanlitutit under the
Act or Congress of 3larch 2d. 1867, ltritlir aPptlea
-for a Dischargd'frent all his:tlebt,g• other c 5
provable under Mild; the• Court.
uotice IsherebYtilvento 41perinexllohaveproved
their debt& and other persona interested; to appear' •
ou the 14th DAY 'OF -Ariel!. ISOS.
hereto blA3ll)lol4,l;MutEligeitister,, at his ,
ollicellito• -93 AWED:NV §7H.F. rittelturah, to ,
show caUSO, ifltut theyhteve.vrig,
not beittatttedlo•the' said 11atutrupt‘ ,-, Atta farmer,
notice le hereby - given .that the ,4eccutdr and - third
meetings of credit - ors of the ialdVankrupt, requittir
by the 27th and 28th sectiOns of said Act will ha
; had before the %WI 411%0004 at; the mtp time sad
pIace.aIeCAND,LESS,
, Clerk of lf.'2.lfialrlei Court ror•staii !
• ,
rnl43;llX-Yl ;11—
E .[offtv.i it3.l ni I' o t,"7 ~ t t S .
• ... 3 ' ,
, rl7
• ~1 uiilollt.bolf•Allogk , 'V*4 61 14.10. t . - rii
.._) BO • • . ,1itq u .5.r.1= ,.,
ust Tecialred and for maw ••• - . 1 - , - .7 :1/0:1
JOHN B. (.41.,,,NF18L11 a sox,
I flaws . 141 Vint street. . .
=MM
II
II
II
MMEMI
M
Mil