The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1881-03-05

4 NH OdiuEuhN anu EuHAuN A''oNf N'4N'N
much excitement over the announcement that
Mt. St. Marys College, at EHmittsburg, had
become so embarrassed as to be placed III the
hands of a receiver
Proceedings were begun on Saturday, IN
the Circuit Court of Frederick county by the
fling of bill by Joshua Biggs. OF Frederick
county, and Messrs. Noah Walker Co., OF
Baltimore, against the college, praying the
appointment of receiver and the winding up
of the affairs of the corporation, upon the
ground of its heavy Indebtedness aud Inability
&c meet its obligations. The petition was I'M
medately taken into consideration by Judge
John A. Lynch, and in compliance with It's
-.slraver receiver was appointed IN the person
Of Capt James McSherry. with full power to
take possession of all property belonging to
the college The college will not be closed
until the end of the term, when the corpora
ton will be dissolved I'd the property sold.
When Rev. Father tim, OF Brooklyn, \. Y,
recently assumed the presidency, made va,
cant by the elevation to the blshOprc OF Rev
Dr. Watterson. he began an immediate eX
animation of its affairs, and to his amazement
found them to be in a deplorable condition.
He sought counsel at once of the legal adviser
of the institution, Capt. McSherry, and also
of Cardinal McCloskey and number OF arch
bishops aud bishops, as well as other proml-
pent graduates. and was advised. without eX-
ception, TO put into effect the STEPS that have
been taken. In accordance, therefore, with
this advice. and in harmony with resolution
offered by the president emeritus. the venera-
Bile Dr. MCCuifrev, at a late meeting OF the
council of the college, declaring that 1t was
necessary, under existing circumstances, to
wind up its affairs, the college itself filed an
answer to the bill Of complaint OF creditors,
under its corporate seal, signed by Its presi-
dent, admitting the allegations OF the bill and
cOusentiug that the decree prayed might be
passed by the court as the court might deem
expedient As soon as Receiver McSherry
takes formal possession otthe property, Father
Hill will return 10 the diocese from which he
lately came.
The following Is a list of the creditors OF
the College First National Bank Of Hauo
yer. $4,000, secured by mortgage, and also
SlS. 900 on notes; Richard Marshall agent
for his daughter, $1,000, First National
Bank OF " Westminster, $500; littlestown Saw
iugs Bank. - 40; New \ FORK Clothing House
OF Baltimore. about 500, Western National
Bank. Of Baltimore, $1,000; Union Bank. Of
Baltimore. S4lS4I: Mrs. G.. laily, of En-
mIltsburr. -. 7G2: Gen. Jas. VI. Cole, Of
Liberty. $1,000: Abraham r. Roddy, uu-
known: Joseph Blauucr, -, 100, a vendors
lien on ground purchased ct him by he col
legc: Noah Walker & Co, OF Baltimore ST.
5Du: the Misses Mcpeyitt, OF EmmUtsb,.-.,
=, uO0 Savings Bank Of Frederick, 500
Mrs j. a. Elder. of Emmit'sharg. S2,4uo;
Mrs NJ Patterson. of EmmIitsburg, $1,000.
Sarah HAAS. a college servant, money loaned,
81 Geo, also n large amount 81 back pay
[ nionjown Rapk. oySrine note. endorsed by
Abram f. Rodiy, 81, iO0; Peter liiJlemeysr,
Of Emmlttsburg, Si,l03- AdeiA Elder. I'm
nlitistuFE. { ,JuFl. Misses NeAlr, : ,2On; Jas.
W. Kelly, 81, 800: Mrs. g. C. Sesb1ld, - eco:
John kron, $3.50: Mrs T.. lseysu, Sybo; Mr.
H. HaTbock. SEQ; LOUIS NJ Mo;trr, $500:
Mrs. l.. Blclmau. S7Uo. Mrs John Walter,
S5ps Matthew Moran. 500. !. r. MarJison.
$500. e. b Roberts, attorney Tor Mr. Fou'z.
OF Westminster, SsiS; Mr. Sophia Storm.
$500. Mrs. : peiiIcord. $40, Miss u. NaE-
rer, SspJ- John Murphy & Co, Baltimore,
: lpu; !. y. Pet. endorssr 81 a note held by
the Merchants National Bank Of baltimore,
S2s-. D. Hobbs heirs, $40, OWtn Dorsey.
tor q note endorsed, Si85 Grtrysbu-g Rank,
a note Tor about : 900. endorsed bv : A
Eoidy. J. Byrrs, i. u. Hickey, G. n. Jour.
daa. II, ble.mau. J, I. CTc,iu md u. GIL.
LAM r. Mclutyrc, executor, Ssso.al. salaries
due cicrEymea and faculty ap to February
lsf. 81, ~: salaries due Sisters OF Nazareth.
from Kentucky S596, wages due iaborrrs ard
damesilcs, S2.&5l; money advanced hy +. A
Brailev. student from Philaiciphla. s9l~ L.
amount OF esrrprt accounts 60 - .udiviilals,
ranging from 500 O. SJY2, TO al, S-.l12 80.
interest due 90 debts. - hSj a.. John Hopp.
81 EmmIitsburE. note endorsed, S352 50, J.
] " COB. S5,29l, H. :. Eckeurodc, S2f1,l2
Whsn the residence % q creditor Is no.
e5yeu. Is IS some family residing in the ne Oh
bsyhu0d OF the college, vho from trle 10 iIme
has come 30 ils relicL The total ampaHt as
above Is SlHa, 2sl o.. bcssdes which there are
a large number OF oiber claims ehieh have
been iieI STAGE the statement wAs prepared.
ualch a.lI swell the total % a. least saa.Uho.
Father Hill stated that be woad reilra 20
Brooklyn and report 10 bis bishop - soon as
Captain MesheFTy, tbs receiver, relieved BIN.
/, Is believed that lbe college vhsa sold tg
ghe sammeg wtii be haaE..t In BY l's Catholic
.ficuds
HISTORY oF rHr ceLsKcg.
With the exception 81 81. Mary Seminary.
Baltimore, and GsorEc;owg College, y. C.,
NJ, 81. Mary COLLEGE s she oldest Catholic
lns,iJafiou OF the Kind in she United States,
asa from the Hambsr Of Distinguished niru
uhe have been graduated ibere the most IA
nous. L IS an ouggroaib ui - Mays, Bal
tmore, Rev Mr. Nesol, % that iEslitutipn,
having commissioned Rev. john pabois, an
exile from France. shc landed 30 iAIs country
in 1891. 70 fouad M 81 May. which he
a log cabin a the f5oi OF the Cat1ctia moun.
,aius. near Emml,,sb8ss. ia lsl0 hrs aead-
emy numbered forty panlls. Afer years OF
toil, 10 IS2f be succeeded 10 erecting = large
. college residence. wbich, hoecycr, was barn.
+ "a 10 the ground almost ga ;hc very day Ut Us
completion. Ne, dishraricaed be renewed
. bis .abur., and siccess at lcusth cv5Wucd hls
E efforts The college was chartered by Tie
+ Mar .aad legislature Ia ls8o. kry. John
Dubois wao eA- made Bsshgp al N~W ! cFk,
vas ccredcd as prssiieat O., NJ 81, Mars 5
T by itev. ; O.. Brute, who was afterwards
T made Bishop Of NIEecnnrs- The other pres
tdeuts were Rev Messrs, Michael De Barge
Esan. John b. Purcell. nos Archbishop of
+ Cincinnati Francis 3. jAmisou, Thomas r.
Butler. JOAN NcCaHsey, John A Wa'tersoa,
nov B,.hop Of Columbus, and the late John
McCloskcy. who Was succeeded by the pres
( eut president. Rev VIM. J. Hill The fol
Ioxing xeH kuowu ecclesiastical names are
enrolled - the college As graduates Nessrs-
john AcC!oskey Cardinal Archbishop OF
( New York, Archbishops Hughes and PARCEL,
and Bishops Wheian, Garland. Quarters,
E Carroll. Young, Mcfarland. Byrue, Coaroy.
+ Spauldiag. C0rrigan. l.oushhu, Gilmonr,
Flzgerald aud WIN. c. NcCloskey.