The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1869-11-27
RAILWAY MATTERS.
Tho Erie, Atlantic and Grent western
1InbFOgIIO.

AKRON, Nov. 20
The Erie cases were brought UP TO-
day before Judge Boynton, all the par.
ties being present except Jay Gould,
who In sick, Il. A. Lane and the Erie
clique. The following facts are signifl.
cant: Jay Gould aud W. ArChdell
O'Doherty, AB receivers, swear 10 the
following abstract OF the earnings OF
the Atlantic d Great Western Railway
from April 9th to August 3lst, 1869, In.
elusive: From freiRhts, 81 402,7lI 10:
from passengers, $3S7, ,279 90; from malls,
Sl4, ,lO7 IL; from express, $30, 0,672 Is; from
miscellaneous, SO, ,lO2 81; total, 81. .O34,.
770 q. The road, meanwhile, has
moved 763. .430 tons OF freight and 293 .
474 passengers. The debt OF the At>
lantic and Great Western Railway Is as
follows: Mortgage bonds, $50, SIS, 900;
AcCrued interest thereon, $7,2i0, ,SO7 60;
debentures, 81 100000. floating debt,
$l3 900 900. There are aEidRylts In court
that the road cannot sell for (ltteen
millions II put on the market with the
utmost care. Adjourned I'll afternoon.
Mr.. Mcfarland urged an immediate
hearing on the motion TO remove the
receivers, and the Erie's attorney In
every possible way protracted 1t.
An affidavit, dated November a from
Jared B. Baldwin, New York physI-
clan, sw0re that Jay Gould was too
sick to leave his residence In Fifth
Avenue. 10 this New York gentle.
man In Court replled that to his posi-
live knowledge Jay Gould was nj his
office that same Wednesday evening.
The next delay was on the request OF
Erie's counsel for lust twenty minutes
10 get leleRraphIc dispatch from
Gould on proposition Tor adjustment,
Just forwarded to New York. An in-
termission was allowed, but darkness
came and nothing was heard from
Gould. An adjournment was had un.
I'll evening. In the evening Mr.. Hutch.
ms, Tor W. Ii. Townsend, u defendant,
proceeded with the motion for the re-
mOval oHreCelyers, and when the names
OF w. ArChdell and O'DOherty were
spoken, W. W. Mcfarland, Of New
York, attorney for the Atlantic Il Great
Western hallway, stated that he was
authorized by Mr.. ODohRrty 10 tender
his Resignation OF the eceiyership,
Thus Gould II left alone in the con-
teatetl ollice. Mr.. HulGhlns read an
affidavit from Col, Rush C, Hawkins.
director and formerly attorney for the
Atlantic l. Grent Western, wherein he
gave the particulars ul II CumnHCt bp
tween Gould and MGHenry Tor getting
Mn order OF sale quietly, thus throwing
the Atlantic and Great Western inlO
their hands. The company WAS then
TO be reorganized, and Gould waste take
sixteen twenty.eighths OF the stock
and MoHenry twelve twenty. eIghths,
There was alRo letter from Frederick
A. Lane. attorney Of the Erie road, 10
Hawkins, proposing that the Erie and
Atlantic & Great Western make q Joint
arrangement for appointing receivers,
that no antag0nlstic element might In.
terfere. Another atfid davit from Haw-
kins averred that the plaintiff, John Il.
Penn, on whose motion the receivers
were appointed, was instlgated by the
Erie Company, In colluslon with It,
and In the employ OF 1t, or OF Its
officers; that the object OF his ar>
toin was 10 prevent the payment OF
the rent due the Atlantic & Great
Western. James McHenry's affidavit
declared Gould 10 be IL large holder OF
the Erie and A. & G. ". bonds and
securelies according to his own repeat
ed statement. At the time OF his mn.
pointmenl Of reCeivership and since
when attorneys were about 10 begin
their pleas, delay WAS usked, and final.
ly IN adjournment taken until 10,
morrow morning. Judge Boynton
stated that he would have no more de-
lays and now we may expect either
settlement or IL pushing or the case to
It's cpd. Negotiation for Il compromise
are lively and may be completed to-
night.