New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-02-28
week later than 10 WAS last year. IL Is seen further
10 the south. however, than then.
Mr. HEPBURN APPOINTED RECEIVER.
JUSTICE poNoHUE's ACTION IN OPPOSITION TO THAT

JUSTICE poNoHuEs ACTION IN OPPOSITION To Thai
OF JUSTICE wEsTBRooK.
Justice Douohue on Monday appointed A. b. Hep
burn as temporary receiver Of the Continental Lie
Insurance Company on the application Of the At
torney General in the place OF John p. ONeil. vino
died short time ago. The motion to continue Mr.
Justice Donohue in the Supreme Court. ChambeIs'
IL was supported by the Attornev-General' AM OPP
posed BY r. J. Moses Julien T. Davies William n
ID. Whiting and Lucius McAdam, representing Ger,
tain policy holders of the company. Mr. Moses hsd
on Saturday last obtained FROM justice Westhrook
IN Kingston an order appointing j. r. i"p'aS ~ ~
ceiver IT the company in the place OF Mr " Nrli.
No notice of the application 10 Judge W es orook OF
of Mr. ONers death had been given 10 the ATTORNEY
General Mr. Russell YESTERDAY prsn lnr' and
illegal. as notice of the application ousnI 10 nsNe
been given TO him moreover. smnee wes On,r;ts
for his good conduct The appll ration for The APP
pointrnrnt of receiver ought TO have been made IN
this county, where. the suspended compauys prin-
cipal offices were Robert Sewell appeared In be-
half of A former receiver Of the company, whose
claims against il have not yet been paid. He sun
ported tn position taken by the Attorney-tieneral'
The attorneys who opposed the motionlSad thar MT.
Tobias united In himself every qualification for
perfect receiver of an insolvent life insurance com,
pany and his nsss for the position had been placed
beyond all possibility of dispute by the decision OF
Justice Wesihrook. Justice Donohue said that he
would appoint Mr.. Hepburn receiver, and that he
would be required to give bond in the sum OF
100000. 49,
Mr.. Hepburn took possession OF the offices OF the
receiver OF the company Yesterday lie said that he
would endeayor 10 wind up It's affairs as soon as
possible, and h. thought that u might be done
within three months. Joseph 7. Tobias. who trans
acted all the business of the late receiver John +
ONeil, and whom Judge Westbrook appointed
"cns oilan' of the bonds is still drawing salary
of 800 month ont of the assets of the company.
Judge Wcsthrpok's hro'h-r continues 10 draw
salary of 500 month. Other salaries are PAIN 10
the amount of S220 a month Mr.. Hepburn said
that he could possible use for such an expen
sive clerical force, aud unless Judge Westbrook
intertcred IN some way by the appointment OF an.
other receiver the affairs of the company would
soon be put in the hands of two comparatively
inexpensive clerks. ,
The cash assets that will come into the hands OF
Receiver Hepburn amount 10 about S2cS,ooo III
is thought that Wingate X Cullen. the law hrn
that was chiefly active endeavoung TO get joseph
T. Tobias appointed receiver will be Obliged 10 r.
fund some of the money paid 10 them by Receiver
O'Neh for services, under orlerof Judge Westbrook
This firm has been paid about SlSOoOo. Inc
Attorney General contested the validity oil the paw
ments and the matter is now before referee Inc
late receiver claimed $4,000 for his services, the
most of which he took from The funds IN his hands
This claim is also before a referee.
Jndse WcstbIook appointed to-day AZ hingston
10 hear arguments why Joseph L. Tobias should
not I've made receiver.n place of 0Neil. Attorney
General Russell said yesterday that he thought
poinimeut of Mr.. Hepburn rs receiver. he asserted
that there was no sue legal office as " custodian,
10 which Judge Wes.brook had appointed Mr;
Tobias Mr.. Moses and the other" intervening
LAWYERS who opposed the appointment OF
Mr. Hepburn are disposed, IL said asst night, 10
10 the decision Of Justice Donohue Owing
10 the action of Attorney General Russell. these
Z" intervening lawyers have been prevented from
sharing further in the in the hands Of the 10
cviver.