T«H E * EVENING' mm - ouilt in the United States, and for many years was considered the most reliable A RAILROAD CRIPPLED and profitable. Under the management of the late John W. Ga rett of this city it attained an enviable position among the Culmination of the Financial Disas­ interest bearing and dividend paying lines in the country, and its securities were ' U ters of the Baltimore and Ohio. looked upon as gilt edged. Its stocks and bonds are largely held for investment pur­ poses in tiiis city, where the receivership TWO RECEIVERS APPOINTED. is looked upon as almost a public calam­ Sweet ity. Johns Hopkins university is one of the largest holders of its preferred stock, President Cowen and Vice President Mur­ and the loss of revenue from that source ray Placed In Charge by tlie Courts. will be keenly felt by the institution. Tne Caporal New YorK Office, 442 Broadway. The Savings Fund Is Intact. stock of the company is $30,000,000, di­ Plans For Reorganization. vided as follows: First, preferred, 83.000,000; second, pre­ ferred, $2,000,000; common and scrip- Little BALTIMORE, March 2.—The Baltimore $25,000,000. Its bonded indebtedness, ac, and Ohio Railway company, one of the cording to Poor's Manual for 1895, is $75,- A MEMORABLE EVENT FOR OUR PATRONS. oldest and most extensive transportation 000,000, and its floating debt is thought systems in the United States and until re­ to be between $10,000,000 and $12,000,000. cently one of the most profitable, has con­ It owns and leases 29 different roads in ANOTHER <0^* fessed its insolvency and gone into the Maryland, Virginia, West Virginia, Penn­ hands of receivers. sylvania, Ohio arid Illinois, including John K. Cowen, its president, and Os­ some of great importance. car G. Murray, its third vice president, The Baltimore and Ohio company is the will hereafter operate it for the benefit of guarantor for rentals amounting to $1,- GIGANTIC BARGAIN GIVING. the creditors and bondholders under the 157,350 on leased lines and for interest on direction of the United States court. This bonds in double that amount. Its char­ for cts. action was taken after a prolonged strug­ ter was granted in 1627, and some of the 5 VALUES WORTH COMING MILES TO SEE. gle against the inevitable and was the im­ greatest historical events of the present mediate result of the failure of the direct­ century have centered about it, notably the SOLD BY ALL DEALERS. ors to negotiate loans to provide for inter­ military riots at Camden Station, in this est and other payments due and about to city, in the early part of the late rebellion, become due. For several years, however, at which time the Federal troops on theii the road has been losing money, and while way to the south were mobbed, and great Ho Time to Lose If Yon Wish to Bny Stoctiis at Less Thai Half-Price: the collapse, coming at this time, was a sur­ loss of life ensued. Charles F. Meyer, prise to many, but few believed that it who succeeded John W. Garrett as presi­ 100 dozen Ladies' Black Wool Hose, retailers price, per pair, is 19c; somebody's mistake; our prise could be averted much longer. dent, held the place for five years, until NEW SALVATION ARM while they last, three pairs for 25c. Since the last regular meeting of the di­ the election of John K. Cowen to the po­ Ladies' Hermsdort dye, full lengths, spliced nee s and toes, extra stout; compare with some that rectors, two weeks ago, Major Alexander sition a faw weeks ago. Ballington Booth and His Wife to you've bought a'; 25c; importer's blunders ia stamping the wrong name. Hose is just as good. 12£c pair. Shaw, chairman of the finance committee, 60 dozen Boys' best quality Laundered Bhirt Waists, all new, trip-e collar and the new turn-do>vro and President John K. Gowen have spent KOME AND SE0EET SOCIETIES. Start an Independent Body. a great deal of time in New York endeavor­ shape, 75c qualify, 47C.N ~ , ing to borrow enough money to -provide An Orde.r "Which Considerably Modifies for a large floating debt and payments of the Decrees of Condemnation. interest amounting to 8400,000 falling due TO BE ENTIRELY AMERICAN. CHICAGO, March 2.—The Review, a : tomorrow. It was thought at one time Catholic paper of this city, publishes an ATTENTION, MEN =0 that they would be successful, but Presi­ important decree of the Roman propagan­ Numerous and Important Secessions From dent Cowen gave up the fight and return­ da, given in Rome under date of- Jan. 18, the Parent Organization—The Funds 55 Jozen Men's Outing Shirts, in flannel and chfcvio', all sizes, regular 45c quality, just th nk of it, ed to this city. Immediately upon his ar­ which modifies considerably the decree and Properly Now Held to Be rival he called a meeting of the directors. previously issued from that tribunal iE °nly96 dozen Men's Spring Scarfs, the nobbiest and latent shapes, sold by leading furnishers in New This was fully attended, and after a ses­ condemnation of the societies of Odd Fel­ Turned Over to the Old Army. sion lasting one hour and a half the di­ lows, Knights of Pythias and Sons ol York at 75c; see our di&p'ay in window at 47c. rectors and legal officials of the road re­ Ladies' 4 button Glace Gloves, our spring importation, including maize, batiste, ecru, tans, modes, Temperance. Catholics who had belonged NEW YOF.K, March 2.—Ballington Booth paired to the United States courtroom in to these societies before the publication oi with embroidered backs in self-colors and fancks, every pair warranted. $1.25 quality, 98c per pair. the federal building, and General Counsel and his wife have finally decided to start the condemnatory deorces are now allowed an independent religious organization. 20 pieces of the well known Jamestown Suitings—the name is a guarantee of their merits—sold Hugh Bond filed an application on behalf to leave their names upon the rolls oi of the directors asking for the appoint­ They will, however, surrender to the rep­ usually irom 50 to 75c, 39c. these societies and to pay into the treasury resentatives of General Booth, now in con­ ment of receivers upon the showing made dues and assessments whenever pecuniary 10 pieces 46-inch all-wool Black Cashmere, the greatest bargain ever offered; you have bought in the petition that the company was in­ trol at the Salvation Army headquarters, loss and detriment would follow from all the property and money, of the army. poorer quality at 75c, 37£c. , . solvent. United States Circuit Judge complete severance of ties. The general Goff of West Virginia, who had been called To prepare the preliminary plans for such 300 yards Grepon berges, in black and all the new spring co orings, c.oih, < pp. prohibition still remains as to any other an organization as they contemplate will 10 dozen Ladies' Leather, Metal and Silk Belts, all new, regular prices from 39 to 50c, 25^. here for that purpose, in conjunction with participation in the proceedings of the so­ United States District Judge Morris, heard necessarily take considerable time. For 12 dozen, just one gros3 only, Ladies' Narrow Belts, very stylish, in silver and gold effects, worth cieties. that reason no definite announcements the application, and, there being no objec­ Particular cases, however, offering diffi­ from 75c to $1.00, 50c. _ ' tion, granted it. have been made. culties to priests in their spiritual direc­ Mr. Bocth said to a"reporter last night: 150 paiis of our Celebrated Scissors, every pair warranted, regular price 45c, 29c. - The Official Statement. tions, are to be referred for adjudication "The practically unanimous sentiment ex­ 3 000 yards Jet and Fancy Beaded liimmings, largest stock ever shown m this part of New Eng'and After the receivers had been appointed to the apostolic delegate in Washington pressed in the hundreds oi letters and tele­ 10 l9'1 15 17, 19 and 25c per yard, 33 13 per cent less than can can be found elsewhere the following statement was issued by the instead of being sent, as heretofore, to the grams my wife and I have received is that officials of t$fe company: congregation in Rome. we should organize and lead an independ­ "A committee composed of the New ent religious movement. Such an or­ York directors of the Baltimore and Ohio .KIOAEAGUA'S REBELLION. ganization will be esta i.;shed. Railroad company has been for some time "It will be essentially an American N. B.—Watch ths Exhibition in our Windows Friday and Saturday. engaged on a plan for funding the floating Moinotoinbo, the Stronghold of ttie In­ movement, and we have received the most debt of the company and to provide addi­ surgents, Reduced to Ashes. cordial assurances of support from men tional capital. Until yesterday morning MANAGUA, Nicaragua, March 2.—Ad­ and women prominent in all walks of there was the strongest belief upon the vices received here arc to the effect that in life. Although most of our former asso­ part of the committee and the members of the bombardment, of Momotombo the ciates in the army have given their alle­ the syndicate who have been aiding the town, the stronghold of the insurgents, giance to the new commissioner, they are company that the plan proposed would be was laid in ashes. The ruin of Momotom­ watching every move made by us with the adopted in time to meet the company's re­ bo is reported to have been complete.
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