The Canton mail. [volume] (Canton, Miss.) 18??-1882, 1876-03-18
The Jackson Railroad.

Decree of the United States Dis
trict Court of New Orleans upon
the application for receiver:
3. The court orders, with the
consent of parties to the suit, that
J. b. Alexander be appointed re-
eeiver of said property, and thai he
have the use and appropriate the
line of said railroad, with all of its
franchises, privileges and property,
movcable and immovable, and that
he personally, or by means of SUI
perIntendcnts, agents, employees
and officers of his appointment, col
lcct all incomes, frcights, tolls, pas
sage money and profits thcrcfrom,
and control and dish ursc the same
under the order and directions of
this court.
+. The said receiver is authorized
to use the said tolls, incomes and
profits FOR the maintenance and
management of the said r.llrn.
and in the carrying on and conduct
tation of persons and property ON
the same, and for the making OF the
necessary repairs and additions and
requirements for the security and
safety of its operations and the pro-
motion of its business and income.
5. The said receiver is authorized
to pay the accounts for labor, sup
plies necessary for the construction
and management of the road and
employees of the company, which
are now due and have been incurred
within the term of 90 days prior tn
the date of this order, and which he
shall deem proper to sustain the
business of the said railroad, and to
preserve its efficiency ami he is
authorized to apply to the court Ia
make extraordinary expenses, re-
pairs, additions and requirements,
which are indispensable. or proper
in the management of the business
and the fulfil lmeDt of it's proper OBJ
legations as a highway Tor trans
portation, etc.
6. The trustees afor csaid, a. soon
as practicable, shall make rrtu, n
of the debts, obligations, liens,
mortgages or privileges upon the
said property, and file the same
with their inventory.
7. The receiver is required to
make return to the court ut the
end of every month, of AL receipts
and disbursements made by HIM in
his capacity as receiver, and shall
deposit in some bank or trust com
pany, to be approved by the court,
all moneys not required tor immr-
diate use, and may from time Ia
time apply to the cour, tor orders
aud instructions, and be ut all times
ready to render his accounts for the
inspection of the court.
The court orders that the said re-
ceivcr shall, within twenty days at
ter entering upon the duties of his
Office as receiver, make and fi!r
with this court Il bond, with one or
more surcties, with penalty of
500, 900, conditioned for Il due and
faithful performance of his duties
as receiver, and that all his allow
anccs for salary and services a.
trustee and receiver shall be ST.
500 per annum, and that to cover
all incidental charges and expenses,
80, 800 in addition is allowed per
annum. This is to extend to the
entire line Of the railroad of dc
PENDANTS.
The above recital and findings,
having been made as they now APP
pear, the motion for the appoint
mcnt Of q receiver is solely with
the view to such appointment, and
none of the said reci,als or findings
shall dispense plaintiff from prov
in. the same on final hearing, or
preclude defendants from cuntestin e
the same. w. B. MOODS,
U. S. Citcuit Judge.
March IL. 1876.