, 1873-04-22
The Equitable Company-~-'Vhat Is
Being Done 10 Realize
Assets. ..
Tho South Park Oo1n1nissioners---
- Continued Hearing
Yesterday.
Resurrection Of ti,e eassette Suits
---Ead OF the Water.
Lots Case.

Tho Courts in Brief ..- General Notes
.-.Bankruptoy Matters-.-
New Suits.
Tho following lottor haB boon addressed to tho
oditor:
SIN: n your reports concerning ,dcfunct insurance
to tho; Equitable. About al tho polcy-holders know
from tho papers ts TINT tho olcers Of tho Company
hat only cont lad been pa IN on t ca
9took. By solno 1ncn1la the Assignee found few Of
them and got IN order to havo tom e1arntned. Soma
dolby wis obtained; Mud from that time nothing hna
been heard Of tho cano Information aa to tie maera
Of this Company, would .oblge po11uy-1IoLpEn.
Proceedings woro commenced against this In
solvent on Dec. 20, 1871, by Blmon Doyle, potl
tionfng creditor, by his attorney, Homer Cook.
On tho. 80th, rule to show causo was entered.
On tho 8th Of January, tho Company demurrcd
to the petition. On tho 29th, tho inaolvont was
ndjudicated bankrupt; and on tho 8th Of April,
james Long, havingin tho meantime boon e1oos-
cd Assignee, filed Ills bond. On October 10,
1872 an order wns nude for tho postponcmont
Of tho examination Of cortain Witnesses, from
whom, i. was hoped to find ont who wero tho
Stockholders Of tho Company, aud how much
thoy owed; since which timo nothing appears to
hare boon done, by tho records.
It seems, however, that whilst maetorly innc-
tivity Inns prevailed to great oxtent, respecting
these examinations, bills havo been filed by tho
Assignee against all those who hive boon dis
covered to haro held stock, for tho purpose Of
discovering tho amount Of their liability to tho
Company. ThcBe bills have been reforrod to
Fl. Bishop, Master in Chancory, to take proof,
ind this proof-taking has lastcd down to tho
present tilno. Inquiry Of tllo anster, yesterday:
hne hccn taknn. md lin exaot s,1mg duo on i1otes
and a. forth ;lacoyerei. Wlon conbloto. ho
viii ronort ia tln Col1rt mud thn particuara will
ho mafio known.
so1lrca thnt the cash assets Of tie Compnpy aro
hetwacn s51 iG, md an 0C Tao e1nall m a1nount
n nav ont in dividonfa md too largo to he living
idle fnr war without prol,cinr interest at 4
tirno whn,; moncv ia nra1ncno anch hnayv in
teTaat - 1-
'SAo' rur aonru pAnx co,,,uss,oSrps
TIN tdli for jntnnction. hrnur1,t bv r. r..
Clarke aeslnst tlo South bark dommissioners.
to rnstran thcm ornntino n lion mn hie 1anfls. N
already i,1lly renortol IN tie Tribune, was ycs
tordnv arc1,ed hnforn Juiro Drnrnrnontl, I}nitod
Stated C,ronit Court judge.
Couuael Tor tho plaintiff asked tho Court ps to
<phich aida allon3d {3rst addroaR tho Oonrt.
hi. Ayora. Tor tic dnfeniaut Commissioners.
In enaTor tn tl,o Cart anid In Ind demurrer
70 fjle.
Tic other aide had mt gcon tho demurrer
An m
demurre: waa ordoro1 to he },1ed. md the do
fani]an; nv Mr. Avora> etldrassci t},e Court.
Mr- Svcrs aaii thnt thc Gnnrt .gas nrnbahv
mt aco,nfi,tod with Tho facts charcad in tbo pro
Tho Gourt said bo yau not, All he knew OF
tle coso wan n rennrn1 ;doa rnthared frorn whnt
fo hnd hoard ani road. II would he M wall II
tic counaol rcal tic Bin. or gayo him some idea
Mr. IT, ATors AssSi did 60 Ho sua Tint the comn1ain-
ant renresontoi hIlnsoif to be the owncr n fea
simple Of certain lands near the South Park.
which the Commissioners would bo likely to re-
Occupied, @ PUTTING up fence 10 clam possession, @
under certain acfa theroin cited, md which lands
Ehey had sftoryard abandoned, aftor tic fling Of
! decision Of the Supreme Court Of tho State.
The complainant charged That the lands woro
nissiopeye as liens Tor certain lands. Tho re-
maindor Of the case has beeu already yorv fully
reported in TUE TRIBUNE.
Argument lnHted tho whole dny on tho points
to, ~ to tho powers Of lie Commissioners to
take aud condemn lands which thoy were nt,-
thorized by existing acts to take mud condemn,
tho proceedings elready had by tho Commits
sonors rolutive to these particular lands, the
pecuniary condition Of the COMMISSIONER, md
their ability to meet donting indebtedness, ill.,
cluding contracts already mado for purchase, tho
power ct tho commissioners to create O lien on
lands which thoy had neither talkcu. condomnod.
nor paId for, and many other points already
familiar to tho rcader, Which occuuied tho wIoio
Of the day, and tho matter wont over.
ONE OF THE aAssETrE SUITS.
II. smith against silas +. Gassotto % Jamea Gsarys w
md William Guilfoylo, for nn. iniunotiou to
rthy them from proceedings for the Recovery Of
". Of Lot 9. subdivision Of Sec, Is. Town.
shit 30. north Of Range Is, E. Of the third urir1-
oipal meridian. Tho property in question Il
part OF tho vcll-kuown largo pronortv Of 676
Rcres, owned in 1857 by NIojore D. D9a,,bie,,'
who sold it to T, r, Mayston, by warrantv dond
duly recorded. and through whom. bv = reg11lar
thnin nf rouyovanco tho nropnrtv in nuestinn
came into plaintifYla posaession. Mef]o1n Dsn11-
bien and lis wife Y'hcroso. ia 1869. conyoyed tn
Emma Elizabeth Jones, for one
dollar congdoration, their quit claim
to ali proporty tloy owned, and by yirtuo Of ttis
tranaacti6n the defendants olnim to b.. throuTh
purchase from said Emma Elizabeth J,a, Joles,