The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-10-09
LANDERs AGAIN REMOVED.


Judge Taylor yesterday ordered the removal
of John LandeT5 as receiver of the Indiana
Banking Company, and appointed John G. S.
Harrison in his place, who Immediately filed his
bond and entered upon the duties of the posi-
ton. This will probably settle the much-moot-
ed matter Of the receiyershlp. 1t will be re-
membered that Mr.. Landers, who first APP
pointed to the place, removed by Judge
Walk er on account of ineligibity and Levi Rit-
ter appointed in his place. He reinstated,
however, by Juoge Taylor, who held that re-
ceiver could not be removed during vacation.
1t was thought that that was end Of the mat
ter, and that Mr. Landers would remain in the
place. Rocker Hatch, however, who represent
ed certain depositors, made a determined effort
TO effect his removal, for cause, and have sue
ceeded, as indicated by the action yesterday.
They did not do this representatives OF all the
depOs tors who had agreed upon such action,
but only for the benefit of their own clients. 1t
Will be noticed that Judge ray lOr does not mold
that Landers was Ineligib but that his removal
would he in the interests of harmony and bet
ter administration of the trust Following is the
ruling and entry, made by the court yester-
day:
"The cause coming up on the petition of Mary
Morrison and others, asking for the removal or
John Landers from the receivership In SAID ae-
ton, and the court having heard and considered
said application, doth ind that there is no legal
disqualification sufficient for the removal or SAID
Landers, and that his action such receiver
has been unobj Objectionable; out that, for the sake
OF harmony, it is better that change in said re-
ceiversh1p be made. 1t is therefore ordered by
the court that said John Landers be and he Ia
hereby removed from said trust. IL is further
ordered that John c. s. Harrison be and he Is
hereby appointed such receiver of the assets,
property rights credits and EFFECTS Of said Indi-
ana Banking Company, in place of said John
Ladders, with all the rights and powers pos
sessed by the said Landers, receiver, under his
appointment, and said John c. 8. Harrison is
authorized to bring, maiE tain and defend all
actions at law, or suits IN chancery, or
special proceedings necessary in the admihstra-
ton of SAID trust.
Before entering on the duties of said trust,
said Harrison shall execute his bond, payable to
Moses q. McLain clerk of this court, conditioned
for the faithful performance OF his duties and
for his Obeylng all orders of the court, and for
accounting for and paying over all money and
assets that shall come to his hands while such
receiver, with a surety to the approval OF the
court, aud shall take the usual oath.
And said Lande-s shall, upon the qualification
OF said Harrison, turn over said assets TO him
and make his final report to the court.
And now comes sand John G. S. Harrison and
files his bond in the sum of 100000, with Alfred
Harrison, Charles Mayer, William Haueisen.
William Haerle. &c rye W. Stout and George
Mansfield as sureties which bond is approved,
and said John G. s. Harrison now takes the oath
as such receiver in open court"
Mr.. Harrison formally took possession yester-
day afternoon. j. Il understood that Mr. Lam
ders was altogether Indifferent about the mat
ter, and that he did not care to retain the posi-
ton.