, 1874-02-03
THE COURTS.
The State Insurance Com
pany.
Troubles Of IN Unfortunate saloon-
Keeper.
Tho Equitable Insurance---Ba Bankruptcy
Items.

AAS A34AAthUAu AA6ulttuCo@~s.0huh4AHt
Items.
THE BTATE INSURANCE COMPANY.
Tn the 20th Of July, 1879, II will be romen,-
bored, rulo wnB mado on George G. Smith.
prosldcnt Of tho National Jloan and Truht Conn.,
pany, anl others to nhow cause why TINY should
not pay oyor saf2. II belonging to Tho State
lnBrranco Company. On tho 3Oth of August,
1871 Smith paid over s157,073.12. OH COM
| rromiac, but without prejudice to tho Asalgnoo
to sue for md recoyor tho remainder, and Tho
rule waH thoroupon dismissed. Judge Dlol-
gott thon rotnarlcd tint ho could eco no
objection to tho stipulation. It secured a
large portion Of the asaota for tho creditors,
and waived no rights OIL The part Of
tho Assignee. And it perhaps accomplished
moro completely tile onls Of tic rulc ontorod
than decision on tho rulo would hayo accom-
plishod, bocailso there might hayo boen further
litigation.
It had snce been ancertaincd TINT no ouch
provisional ordor was entered, and tho case waB
taken by petition for roviow up to tho Circuit
! Court bo'uro Judge Drnmmond. A honring wnB
Ind Yesterday md tho Judge In his decision
natd that tue Fufo to shpw cause against Mr.
tho compromise being mado between tho Assignee
antl Lilnsolf. Ths Wow this Court takes OF tho
order Is, that IT did not, porliapa, 10 complete
javtso in other Words tl'at It ta not protect
ut tint timo 1t wna generally supposed that tho
rights Of the creditors depended on tho ulsimato
decision OF tho Court as to tho right Of tho
| National Loan and Trust Company 10 claim tho
| sim Of money IN ta pousesaion. on tho 1learlhg
[ Of THO Claims against Tho Company, therefore,
| it being generally supposed at that timo that
tito question would be Boon decided, 1t was not
considered important TINT tho order DO thcn Gu
frrn 1,Gf In
But this l,as not bcon tic case. The contro-
velBy has boon protracted ovor year. Tho
Court then assumed that Smith admitted his lin-
bllity to pay over tho money, becaslae ho had
pnil over come by compromise. Tlis Court did
not ntend to make nny intimatlon ms to the
right Of tho Assignee or creditors to compel
Smith to pay over the money, nor does it intend
to do 80 now In holding tint tie ordor Of the
ontorod, tho Court does not lnt1nnto tint It wns
tho duty Of tho DiBtrict Court to compel Smith
to pay over the money
But what tho Court now says is, TINT il waa the
that there might be money fuo tho Assignee in
possible contingency. ard TINT it was in tho
possession OF Smith, TINT the interests Of tho
creditors should ho protected. In other words,
that tile money should not bo permitted to re-
main in tho hands OF those partioa all indefinite
langth Of timo. In saying TINT tho order OF tho
DiBtrict Court shall bo reversed, aud the Dis
trict Court bo required to proceed mud deternino
M it Vas, e,lbioct to tho actiun Of tho Diatriot
Court. 4hs il the proper order to make in tho
case, and thon tle whole nlattcr will bo 1emittcd
to tho District Court, which will have bofore it
at tho aale tlma the case agniust tho Treasurer
Of tho Company, or those wao may hayo control
OF thu money, ind tho rights Of tho National
Loan and Ti1iat Company aud othcra who l1aye
clai.uu against Tho bankrupt.
The decision Of the supreme Cnurt af1frmtno
tin losaity Of tho Warahoune 1nw viii h6
found in another column. Mum i Scott the
elevator mon, woro indicted under this INV
ycnr nro. Int thar trials wora a1,snonIod nntiI
t1ecifcG Nav ti,ot p Ennvn Mr rnaI nv ~
noupcos Ly dotormination to 'proceod % nj once Sn
againat thcm. Thefr crime was tho ALLOWING
no corresponding grain % #, store % to @ ropresoat
theao rccoipts. Both parties aro cut on bai. but
it is abl,1,tlautly good.
THE WOES or D11L1Anp-sA1o 1ooy-KEEpEn.
Thomas Turner filed d iii vostor.lnv in til,
Circuit Court agaist Ills faithloss partner.
Robert Kilptrick. Turner stntoY that ho has
Tor long time had tiourisl,nl. businoss in tho
Baloon uudor tho Douglas House, on tic corner
Of Cottage drovo nvonue and Douglas place.
wife Was coming oyor, ind would hsyo q con.
siderable sum Of money. viii which ho couId
purchase an interest III tthe business If Turner
would sell. Turner thought this good thing.
the DOUGLAS ealoon for 81. 5o(. Ts was
ut That tins tlttiug IN a snloon down town. aud
Robort would ray oua- -Inif Of Tia orucuaa I, ~ ~
Hitting that np. Roberta vifo came b,,t a,,c
only brought $9s1. TLon,es. however. Gamer.
ously took this in par1 payment, and agreei to
wait for tho rest. but he told lila part1or that
that would not Inv INV rIsTn in hia down .ow,,
saloon, 4 verbal nartuoruhn wan for1nod md
wont on vol until Robart boca., to pnrtate Of
tho flowing bowl too trouuoutly for his
good Turncr con,plaius alyo that the atocls
randitv yyilhn,,t cnrrcsnon,inr incrnoa" ~ III
cash rccnnta. To h1sincan foi7 oif an.I Thom.o .o
remonsratod hnt h,a m rt,,or rar1iaG 1,, ,at.;e'
drunk. eN''A'
(o,n,,1ai,nut t},;n,,a liza c,nn,t ord,,r, u o,,.