Huntington advertiser. [volume] (Huntington, W. Va.) 1874-1921, 1875-10-28

made first by Mr.. Mcfarland, repre-
sentlng the trustees under the Slo,
600, 600 first mortgage; next by
Page & Maury. representing trustees
under the seven per cent. si2,Ooe.-
900 second mortgage next by Judge
Crump, repsenting sS.0U, 900 of the
fr>t-mortgage bonds, slo, o00,O 900 OF
the second mortgage bonds, and Sill
loo, 0QJ of common stock; aud also
by counsel representing the City
Bank of Norfolk, and numerous other
| hondhoiders, citizens of Richmond
and Henrico,
4 telegram from Mr.. Bloodgood,
of New York, representing sl5O,OoV
! in bonds, read by Judge. Bond, pro-
testing against the appointment of
| General Wickham as receiver.
Attorney General Daniel and Col
onel W. W. Gordon, representing
the State of Virginia, presented a
PETITION of the Board of Public
Works asking 10 be admitted as par
ties to the suit. claiming
Isl. That the Board OF Public
Works hold legal title To the Virgil
MIA Central road mortgage TO secure
the State as puarantor uponsl0O.O0O
of bonds OF that company, which are
,till unpaid.
%. TIE State holds over $1,000
| 900 Of stock in the Virginia CentFaI
| Company.
81. That part of the Old Coving-
ton and Ohio ruad which was given
to the Chesapeake and Ohio Railroad
! Company hy tie State has reverted
n the State hv re"son %; the Che>a
peake and Ohio RIiiroad Company's
noncompliance with its charter ss to
the construction OF the road and in
not terminating il at the mouth OF
kanaelia "r b. Sandy river.
The Board of Public Works re
commended the appointment Of Ma
inr |. G.. Darlington as rec irer.
Joseph Lane Stern, Esq. repre-
sentiug the trustee i'll tho mil inn-do'-
lar mortgage Of 1854 Of the Virginia
Central railroad, stated that the
plaintiffs had fled petition since
the bill was fled cl ,iming that the
mortgages IF the old Central railroad
were not liens upon the Chesapeake
and Ohio railroad that there was
not shadow OF reason il that allega-
t!On.
Judge Robertson, On behalf of the
Railroad Company, replied most
powerfully 10 the petition Of the
Stste, and urged the appointment of
General Wickham. One of the
counsel for the rusi rem rled to the
counsel for the State that they would
soon raise enough to pay the debt for
which the State was bound.
Arguments rs to admitting the
State a. a party - the proceedings,
Ms TO appontmeu. of receiver, were
made hv Mr. Mcfarland, Pige Il
Maury, and Judge Crnmp on one ,ile
Att'y-Gen. Daniel, and oil. Gordon
on the other.
Alr. Andrews, COUNSEL OF the or'gi-
nal plaintiff, in the suit, for the sake
af harmony said he favored General
Wickham's appointment.
The Judge took the case under
consideration. His deci ion is ca
prc:ei next week.
Mr.. tyson YESTERDAY presented TO
tue court his report. His receipts 10
date have been $50, 954. Il : diSburSe-
ments, S24.914,22. As to the condl
ton Of the propsrty aud assets OF he
company and of the line OF the rail.
road, the receiver found himself un>
able 20 make any satisfactory report
for want oft;me and proper material.
/ All the accounts examined by HIM
were found correct.
, While this case was before Judge
Bond there were hcnaeen fifty and
sixty LAWYERS aud many prom 'uent
business men present in the courts
room, attentive listeners 10 all that