The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-12-04

be necessary and proper. 10 the discharge Of
his duty as receiver, end to defend and
resist any suit or proceedings which he
shall be so advised ndshaA believe: would
otherwise be prejndtcial to the property 10.
terests or franchises committed to, his charge;
and generally to do and cause to be done
Ia q lawful manner, as reteiver, Whatever
NAV NAV be reasonable, needfuI and appropriate
in and about the care, protection, ,2and pre-
seryation, inlsn economical manner, OF the
rights, interests, and franchises on which
said deeds Of trust, or any. Of them, 10 lien,
or In and about the discharge Of his duties
as receiver. f#s
3 3d. The said receiver shall hsvee power,
as soen as reasonably may be done, to pay
aud discharge :allIdebts due frou the said
company to hborers. servants, and employees
for services rendered In and about the opera
tions Of the; road and mines Of said com.
papy. II ~
and ail securities now pledged by said COM
pauy as security for loans Of money; and II
needfui he shall also have power to borrow
money for this purpose II needful, In bis
Judgment, to enable him to comply with the
directions contained in the paragraphs Of
this order numbered I'd and 3D., and also, SO
far as may be needful, to pay for necessary
labor and services and for current suppress
but for no other purpose except as herein
expressed without the order Of this court.
Persons or corporations loaning money to
the receiver for the purposes above speclfed
shall have as security for their advances
lien upon all the property OF the company,
including coal now mined, and upon the coal
mined by the receiver and the proceeds
thereof, and upon all moneys which may
como to his hands as such receiver, prior TO
all other liens, including those OF the seVe-
raj deeds Of trust mentioned in the bill here
in; but the receiver shall not incur an In
debteduess by borro wing which at any one
time shall exceed $40 600. ). /. s.t.y.. ..-..
9th. AS soon as practicable after entering
upon his duties as receiver he shall prepare
and Gle an inventory, under oath, givingias
full and concise a description as he may be
able of all the property, rights, and IRAN
chises which he may come into possession
as receiver, but the real estate may oe De:
scribed in general manner only. Lz
9Th. The said receiver shall keep true, full
and particular account of all his acts and
doings'as such, ,and Of all bis receipts, pay.
ments, and disbursements in the premises,
ard shall preserve proper vouchers for all
payments. BE shall once in three mouths,
and oftener if thereunto required, render to
this court and file with the clerk thereof q
true, full, and particular account of all his
receipts and disbursements as such receiver.
I 7th. The clover Hill Railroad Company
and each and all of its officers and agents are
hereby commanded and epjoined to deliver
ND and render to said receiver all and singu.
llr the premises and property, including
books, records, and papers, belonging TO or
In any wise relating to the business of said
company. 1,sj @.y<1 -
The said receiver Is authorized atany time
to apply to this court for further authority
and for instructions in and about the dis
charge Of his duty. z.t> b
REFERRED TO THE COMMISSIONERS.
And the court doth further adjudge, or.
der, and decree that the cause be referred to
one of the commissioners OF this court to as
certain and report -,
1st. or what the assets, property, and eff
fecss of every kind of said defendant, real,
personal, and mixed, consist. s
I'd. An account showing the Indebtedness
of the said defendant, the amounts. ano TO
whom coming respectively, and the order
and priority thereof. ;,
Sd. That before taking the account and
making the inquiry hereby ordered the said
commissioner shall cause notice OF the
time, place, and purpose Of taking the same
to be published at least once a week for four
successive weeks in some newspaper pub-
lished in the city Of Richmond, and In the
same publication shall require all persons
having claims against the said company 20
| come forward and prove their demands
against the said company, or otherwise to
be debarred Of the benefits Of this decree.
4th. That the said commissioner make re-
port in the premises, together with anything
deemed pertinent by himself or specially re.
fquired by any of the parties.
| Mr.. Franklin Stearns became surety for
Mr.. Werth in the sum named by the Court
twenty thousand dollars.
The board of directors Of the company
say that they are not iDsolgett, but embar.
rassed by reason of the financial condition
| of the country. II t
RpunvII, or RAILROAD OFFrCEs.-Seyeral