, 1875-05-18
THE RAILROADS.
Argument on the Motion to Romove
the G., D. & Y. Receivera'
InttmQtion that New Ones WIN
Be Appointed.
Order Of Bale Of the Property Of tn
Northern Pacific.
THE CHICAGO, DANVllLE & VlhcENNEs'
ARGUMENT nEYunE JuDHEA DRCINoFp AND

THE CHICAGO, pANvllLE & ViNcENNEs'
ARGUMENT HEruRE JrDHEs bFGAAoHo AM
nI0poETT.
Tho r,1te to show ca,,ac why J. y. Rro"n anu
II, n, Hammond, 1,ccoivayh ot tho Chicago usn.
yille vincenpen Jtailroad Con,pnn: appointed !
fry tho Circuit Court Of viii connl=, nliould ''e
retained ia Office, carno up bot"Eo Judges Drum i
rnond aud Iodgett yesterday morning. /
Hnnator Mcdonald first offera pult'on eRnsu i
b7 r. ". Shannon, j. II. Ueuipo'l, q. VI. thllt
4. 4 Eutnncr, Chandler, 1sobtinH. sad ". l.
uIckok, who catin TO own 1aTge h''rnfcr Of TIC
bonds Of tho first mortgage Of tie Conlhah!'
a,k;ue to bo n,nto ra1tics complainant with g.
| good. Thoy intosBa all the hllcgat'onS OF 'no
| original bill, aud mako number ot
| NEW ACCERAT!osH. ),
J. D. FISH, they say cue oi sno ltnati, far ~
the present iusolreut ami complicated cohecon
3opt Of tho fraudulent chattc mortgage oi Jan.
u. 1915, and hotl, ho aud Fos]ick. the other
Trustee. aro also Trustees q anoshsr M trust as'a
tnst @ deed given bv the Chicago panv1e IL yin-
cennes Railway Conf ans. ~ addit;ol', y u ~, p,
legged that tho Trustees are IL sho tnsete't Of tho
officers OF the road. md would not protect m tho
interests Of Tho bonaho'ders. T'ese .,. CO. 60.
complaiu,nts therefore aak tl,at l.'..,.aa tse
Osgool case may to s.lEtainou. a.
tlat tic Trus!eos' snit torecloae beiuH il. sho
Inherent Of the old onicots, may b1 Ee5petaa!.y,
STAYED aud that. II necessary, Toa'licE aud
Tlsh may bn removed and othcf 1fusteeH a]'-
pointed IN their place.
Senator Mcdonald then read tho ti}iuas1e o. B.
! ". NIaopon, holder uf sarentg-si1 iirs!. mort
pago bonds. who RctR cut in soms detail tho ek-
poaurea which wcEo made some tlmo aso ah 70
tto proposed conduct Of tho officers: hod pup,
! libled 1t tue time in THE TRIBUNE. ID claimed
; that lie WAS ono Of commltteo or Hcsen wuo
: wcro authorized by large nnnber uf bond
> holders to carry en- foreclosure troceed,
= inga; TINT the parties whom ho repfeseh.eo
we're nil In favor Of ths Present lie:e1scrs, a7.
| pointed by the State Court. Tile Comnattee oa o.
Which he Is member represent over s2'59o'Uo
: Of bonds. A.
t neceiyess was aso read. showing that he ha!
} found the road In very bnd conditiot anu bau
r been ablo to materially boster 1t. Ho ci1imet
he had been engaged III the business o. taai5oau
ius for tho pust live yeare, hat VA wholly dialn
It terosted as 10 the Chicago, Dansll'e 'lneeone
it ). 3. Brown rlao filed an affidavit. tcstifvtn'
That he had had controversy agans iho I}a Va.
ss claimed that ho had bocn aolo TO i1npfoHa w. ~
10 condition Of the road yory materially; that u
es was not hostile to the Company tut ne a. nn
rs biB CO. Rerclyer, Mr. Hammond. we1o oe7osn
Ut thetr attention to the business OF tho Conapan
20 and that thos were giving satisfaction 70 1t
"a ho a,'i,lay;ts OF G. B. Mansfield, L. Psarrou
th aud A, H. Durham were 4lRo rtnH, to tho eiicc
he | that the management Of the present AecelTet
70 Was satisfaetoty. aud
q then followed with al oral Argument. claimin,
II, tint tho sdfcrse ,,nrsy who Ind asked tho rul
Il, was In tbo interest Of tho Company; that
Of rcrtnsented The majority Of tho flrst-u,ortgap
ia, bonjIojdcrs. aud they all uero in faTor {
lie MossTs Hammond and Brown
pg hn. GEORGE e ciapnEaL+ 1,zu,. =,
iseted Ia liz present T1,stcea first, hecauee NJ
Il, {1so,,, ~ ~as mi rairnai msn. aud thereto
IN NIT to taho charge of m oxtcudcd road III
NJ hn bad bcat, engaged tn unoudiug litiEnne
nd With tho COMPANY !; md. second, because ii
to Wuumond ha.l eomc limo ago entered into
iii road Comrany 10 capture the Chicago, Dauyil