Savannah morning news. [volume] (Savannah) 1868-1887, 1883-01-29

Referee Pringle's Report on the Savan-
nah and Charleston Railroad Bond
Claims


Claims.
By virtue of an order of Judge Aldrlch,
dated August 81, 1882, in the case of Daniel
Hand against the Savannah and Charles
ton Railroad Company, the Hon. w. A.
Pringle, as referee, was directed, among
other things, to report ''as to the amount
of principal and interest due to the own
ers and holders of each of the bonds and
coupons issued under the act of 1856 and
entitled to priority of payment, the inter-
est on the same being calculated to sep
TENDER l. 1882 The NelCS and Courier
saws this statement was filed on Friday,
and appears as an exhibit to the report
which was also fled at the same time.
Another point to be reported upon was
as to what is known as the claim of G. t.
Mitchell, ESQ.,, for money advanced by
him as receiver to construct the "Bee's
Ferry extension" under the principles
settled and the rule laid down by the de-
cree of the Supreme Court.
The referee saws of this claim: ''If the
purchase money was $500, 200, the ratable
proportion which the extension will bear
to that amount will be as the five and
quarter miles of the extension is to the
length of the whole road"
Regarding the bonds of General James
Conner, he says: II do not understand
by this q. e. the decree of Supreme COurt)
that Mr.. Conner is entitled to a first lien
on the extension in full payment of his
bonds. His bonds are entitled to
a pro rata share of the whole proceeds of
sale, $500, 200, while the other bonds are
entitled to a pro rata share in the said
proceeds of sale less the prOportionate
value of the extension over which they had
given priority of lien to the builder"
The referee sums up his report on the
Mitchell and Conner claims as follows:
''IfI am correct in the conclusion at
which have arrived that the value of the
extension is the proportion of the proceeds
of sale of the whole road, viz: $500, 200,
which the length of the extension five and
a quarter miles bears to the whole road,
then Mr.. Mitchell or those claiming under
him are entitled to that proportion OF the
whole purchased money, less that proper
tiOnate share of the value of the said eX-
tension which Mr.. Conner, who did not
consent to postpone his lien, is entitled"
In the case of eX parte A. c. Kaufman
ct al, proceeding instituted by the per
cent. bOndholders of this company to as
certain ''the value of the rights, privileges
and franchises" the referee reports that
under the decision of the Supreme Court
of the United States in the case of Nor
gan against Louisiana, 80 Otto, 2l1, 1t
seems to be clear that ''whatever positive
Charleston Railroad Company owned, the !
possession of which was essential to the
working of the road, legally passed to the
purchaser. The purchaser, therefore, ac-
quires by the sale a certain amount of
visible, material, physical property, real
and personal, and whatever rights and
privileges invisible or immaterial which
were essential to the working of the road:
''The problem then is, what proportion
does each part of the visible, material
property and the invisible, immaterial !
franchise bear to the amount of the pur-
chase money? BY the law of the State
{ Gen. Stat, sec. 1920, ct seq.,) the pur-
chaser of railroad property becomes, by
the force of his purchase, entitled to the
endowment of the franchise-both property |
and franchises" But he adds: ''If such
a distinction could be made there is moth |
ing in the evidence before me to make
such distinction. In this case the prop |
erty of the road and it's franchises were !
sold together according to the evidence, |
and the purchase of the road conferred |
upon the purchaser the privilege of work !
ing and running it,"
Matters of Interest to Lady Readers.
Louise QuinZe shoe buckles are now
used in Paris to fasten collars as well as
belts.
Owls in natural feathers are now pop
ular ornaments, and are "seen every |
where"
The renaissance is the style of furniture |
most in vogue, and mahogany the wood |
most used.
Embroidery in gold and silver is not |
very satisfactory, as it soon furnishes; |
still, it is often used in fashionable work |
for table borders, chair-strips and lambre- |
quins.
George Munro, the New York publisher, |
has endowed three new tutOrships in Dull |
housie college, Nova Scotia, in Latin, |
Greek and mathematics, at 81 900 per an
mum each.
The fashionable table lamp of to-day is
mounted upon beautiful painted vase of |
spheroid form, and is often of very great |
value, choice porcelain being selected for |
this purpose.
Black stockings are most in favor at |
present, in wool, cotton and silk alike. |
They are worn both for the street and for |
full evening dress, with either slippers |
or high shoes.
Crystal is gaining in favor. Most beau |
tiful centre-pieces for the lunch tables are |
in vogue, deeply cut in this material, and |
a new shape has superseded the glObular, |
1t is not unlike a crescent,
Very shOrt-ribbed velvet or plush coats,
with small basque over the hips, with |
triple fringed chiccOree trimming orna-
mented at intervals with small gilded
flies, are worn with reception dresses.
For evening dress the white necktie has
come back in all its immaculate glory,
and in the present state of social excite
ment young gentlemen do not seem to
care whether they are taken for the house
or not.
A new shape in hats for young ladies
comes down over the forehead, and is
turned up sharply behind in a comical
sort of way. Feathers are the trimming,
and if you can get on more than anybody
else, you can feel authorized to take the
cake,
The princess or combination suits of
with the vests and drawers
i'm one continuous garment, instead of
being separated at the waist, are now to
be had in heavy qualities of cashmere
and merinO that are sufficiently warm for
the coolest weather,
Nantes are, like bonnets, either i'm
mense or quite small, rounded in front,
lOOped up at the back, covered with pas
sementerie and ribbons-dignitied pelisses
long yisites wrapping up the figure en-
tirely, with rich lining and overloaded
with ornaments of all sorts.
Satin ribbon of three or four shades of
SIGaWDc Eell. VI TERRA COJld, VI Dlle anu |
red together, or perhaps green with red, is
formed into a thick clustered bow, with
the ends nOtched in saw teeth, and is worn
high on the left side of the dress waist in
stead of bouquet of flowers.
Necklaces and lOckets are entirely out
of fashion for street wear, The only neck
lace used, except on full dress occasions,
is the silver collarette, high and close,
like dog collar, For full dress there is
the merest thread of gold chain, with a
fanciful pendant or an artistic cameo,
Plaques of hammered metal are mounted
on deep toned velvets, and then framed
with narrow headings of eboniZed work.
The most popular designs are Moorish or
Arabesque. Those who are in the secret
of such things assert that Moorish de-
signs are to be universally adopted i'll
decoration.
Sleeves are prettily and ineXpensiVely
finished at the wrist by having the upper
half slashed twice and leaving the lower
seams open also, thus making two battle
mented squares. The white lace worn at
the wrists must be gathered inside in two
very full frills, one deeper than the other,
and the upper one pulled out through the
slashes,
BOnnets continue TO appear III the most
styles; for instance, brown felt
with profusion of loops of jOnquil yellow
ribbon. cut in sharp points, and sur
rounded by huge yellow aigrettes. 1t is
impossible to enumerate the birds that are
Ia |