New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-02-16

REPORT or TIRE COMMISSIONERS OK TIT ETc@vEr'3
AcCoUNrs-JvDGE CADwALADEn oN gHE ~
CEyEKs FEEs.
FROM AS OCCASIONAL JRREsToHI-Sg o. TUg TRlHUSEl
PHILADELPHIA, Feb. l3-lhe report OF
Ne,,Is stotcsouIy aud Shoemaker. the Conn .'on'ls
appointed bv Jid.e CsjvaIdeg 20 settle tie accounts
oi Edwin IT, l. WIS., r,c,.yero the estate OF JAY CeJke
& Co.. IN bankruptcy p.ior % bis Assuming the Quito a.
trustee. was Gicd III morning T. 10 IS ANNOYED the
detailed rep ri Of NJ. Lows in which be claims credit
for making several advantageous sales OF stock, such "a
TO T. v. Clark u 60. O. 8i9Z shares OF The National
Lie Insurance Company u the U1icd s.1tas 40 par.
lie also annOlnccs thai he has sde several p1rhacs
Of prices. which he has cons, tered Tor
Interests the creditors. From tIs tenIr of
the remarks OF Judge Csjwdder This atterc0ur' ICONS
to have met wlE entire approval TAc repl.- oi ~.
Lewis recites the receipt Of Che lstes 90 Ia Ial ml
members OF the Grm 10 tir dispo.'i0Is NJ I- g.I
the settlements made with me First toGi p t3f
Washington and its 600 creditor blnEs on ,'e BASIS Of
half cash the other hall In bonds OF the NJsilen
Pacific Railroad Company, at IS cents Oh tl' dollar
and, after noting minor ba'ter', goes -o claa ~
commissions the sun % 1870 being per cont
the received and discussed since Nov. g.
The amounts thus far received by tae receiver
sli55,53 IS; payments, t57l.7s2 G.; leaving ~ tho
receivers hands and duly deposited. $3.50 81. Tho
Commissioners conclude their report by saying that
they tally with the schedules. The only thils which
seems have been questioned by the Register l. the
charge for the clerical OF I've clerks in the oi"e
OF the firm. The Judge made the following order IN
regard to the fees OF the receiver:
The Court has considered the accounts OF Elwin Il.
Lewis receiver, and reports Of Commits iOuers ssfs
stOtesbury and Shoemaker, and the R.giscEr report
thereon. The only question for the Courts co1sIGcIa
ton appears to be that OF the claim 10 charg" cOMmls
sion upon the gross amounts Of iucumbercd securities
which had been redeemed or discharged by sale 81
otherwise The question does arise IN the usual
form In OF II the charge could not BE- allowed.
On other hand the difference does not appear to Dc
sufficient warrant the charge 70 Its whole amount or
precisely as a commission III the present stage al tho
bankruptcy IL the receiver, who becomes trustee,
does not press immediate decision Of the question u
NAV be considered hereafter when the compensation
allowed to him from the first may be taken into view ~
a whole II the receiver consents 10 this ha may retain
the whole amount claimed, which Will then form an
open charge or part OF such charge, as u ne had rom
the first been trustee assignee. In The meantime
the claim will be considered neither allowed nor als0-
lutely disalowed except that the Court now dccHcs
that his present and future compensation VIII together
equal such a that the whole amount now claimed
may be absolutely retained much account Upon
such of the receiver ms account NAV Do med
settled, that his relation OF trustee may AT oBco
begin.