, 1875-05-27
President Jewott Appointed to tho Posi-.
ton by the New York sn-
promo Court,
lie Will Now DC Able to Take 4 Uau]
In tile Pending War.
Proposed Reorganization Of the Northern
Pacific Railroad Company.
Meeting in Chicago Of Fast-Freight
Representatives.


sTttfa1 Dspateh to TAs Chieago 1riaun4
NEW foKK, Nay 2G.-Apptlcasion was made
tlls morning to Judge Douosluo in tho gupremu
Court by .Wi1ber II. Droun, representing tl,o
AttornoJ-doporat, and Mr. Laroquo and 1rr,
blacFarland, representing tho Eric Railway, for
an order amandng suit Of tho poople against
the Eric Railway, which has beon for some titno
ab ayance, and for Receiver Of tho road,
The amendment virtually makoR tbts now suit.
bringing IN nav parties and setting up now ale.
satlons, 80 ns to bring within It's scope aIl tho
Erie buaincse. Judge Donohue granted the sp-
plicatlon, and appointed Hugh ). Jov-
ett tho presont Pfcsdont OF the road Its
ltccea7eF' He ID gwen BY tho order full power
to run the road, and. for that purpose, to con.
tract dobts aud pay debts arising for running tho
road witbEn tho past four months. All othor
deosa hc Ia prohibited from paying. Tho order
also includes IN injunction against tito payment
By tho Company Of any Of Its mortgage debts.
1fr. Jo~ott immediately 1tod tho necessary bond
in e5o0,0o0 as an casnost Of q faithful nor
forn'sncc Of his duty as Receiver. His bonds
men are Honor Ramsdell, Of Nowburg, and OK
Gov. z. D. Morgan and 8. l.. Ii. BAR.
low. Tho appointment of Mr. Jawett
was 1nadc Ut tic suggestion OF tho
Eefe pooplo. Thcso proceedings caused no IN.
torfuption to tho regular courso Of business At
the ohico or on tho road. THIS action las been
c1pooted on Wall etrcot for several days. Stock
operators seemed 10 think that, while tho event
MAS dismal enough yet it placed Eric Affairs Ia
somcu botlar condition, an 1t concentrated
everything In the hands OF tho Receiver.
ITO tbs Associated Pressl
NEW YoHR, May N.-At tue opening Of tho
Supreme Court (chambers) this morning, vii
bur n. Brovn, appearing as the representative
Of tho Astoney-a General in tbs suls
ea,a Of tho p'opls against tie Eric MI
o ,aoas mo1gsFes movo spa Saor. tfsssss jasss
Douohno the appointment Of tho Hon. Hugh j.
JsNett ~ heceivor Of the road Tho Eria Rail-
nAJ and trustoca OF tho mortgages wero repre-
5ented " shnman, BARLOW. laroquo.. and Mac
OF Wilbur N. Brown, which asserted tho truth
OF tho statements previously mado AZ to The
condition OF ths flnaucea Of tho road, aud assnrt-
Cd that :" It has become necessary for tha protec-
ZION to fas rGos Of he people that Raosvsr
Justice pouohus granted tho motion In IN
order fully defining tbs powers OF tho
nsoSiyes: 'l;s ,,.'s slr. Jerett r. to assume
tho sum Of s5oo,o0o. Tho ossler roauiros lin
ht onca to flo ao inventory Of all property OF tho
roadi empowers him to run It, a. uAual to proe.
cute and defend suits at low wton tho same
snail be necessary, to pay sa!aFies and wages;
ties, md, In dne to do Ill shings naooasary Tor
Tho Tbs, proper prosecution OF tho business ii tho
Tho Ezpre,. says. "Tho appointments Of s1r.
2. J. Jowett ~ l!ecaiser OF the Els nailroad is
tho great topic Of conversation In financial cir
clcs. Tho attson Of tho Attorney .Goperak In
thla matter wss we'll received, and regarded Is
the best thing that could bo dono under tic
financial emharrassHenta OF the Company.
Erie has suffered severely from tho cutting
down Of freight rates and passenger faros by lis
PsnnBylvauia and Baltimore & Ohio Companies,
aud raa parisctly helpless In tho matter In aon-
sequence OF her weak condition,
hut, NOW,
everything has changed. Mr. Jewett ~ Re-
cotVer, has no iuterc1t 70 pay; Aol the expenses
OF tho Erle arc limited at most to the cost Of
running tho Tosa M. Jswest from being
comes master Of tho situation ~ HeceivsE. Hs
can adord TO do buainesa cheaper than tho New
York Centra., ponusyivania, or Baltimore 4
Ohio Companies, moat Of which hnvo dividends
bouda. By forcing matters, ho eau bring tile
trunk lines to terms and end tho railroad mar"
Ono Of tho otlcials said tho raw state Of at-
fairs would not affect tie traffic OF tho Company
MI JsHets Ia about to appeal to tho Directors to
tako soro msasuros for tho payment Of the Com. |
pany's "orkmcn. aud thornby ayort strike, and |
a consequent total suRponaon Of huaineas.
Tua 1Usz 1HTHREdT.
In regard to tho meoling Of next Saturday. and |
Lta proposition to raise sufficient money to moot
Tho Juno tuteEoat, Mr.. Jowett aald hs doubted |
that harmonious action On that nattsr could be |
INrcnTUaATE CREDITORS.
Tha Jeforson Car Company hAa brought Butt |
against tho Ene liailroaa Company for rent In |
sfroa1a for cars At 5000 mouth. The amount
It Issue for the t,mo 10 $1a0 900 but ~ the lease
y in dispute, tho amount really 1t issue Il R1,-
}0O, 600.
To-day application wAs made 10 Judge DON
'hno In tho Supreme Court {Chalnbersj for an
nxtea allowance to plantitfa. The Delaware i
Hudson Company wets made part!oa 10 the suit,
md also applied for IN allowance. On beAnlf
Which allowance could be u,Ada mas tho total
mount OF the Judgment and that that would bo
,ztraysgAut, ~ 1t waa really suit for tho quar-
ef's rent, and the rest merely Incident 10 IL.
ne Court allowed tho Jeneraoo Car Company
q. .000, and tbs Dsi&nars d Hudson Comnany
l60o.