The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-08-02
THE HARRISON REcElyERsHTp,
Recapitalation- Judge Taylor Declares the
Report insufficient.

Yesterday morning the courts attorneys re-
ported to Judge Taylor, in the Harrison receiv-
ership matter They said they had carefully
examined the inventory submitted by the re-
eeiver, and found it to be correct, but were un-
able to determine whether the amount he admit
ted to be due was all with which he was charges
Able. The money he reportedo n deposit IN the
indianapolis National Bank and in the First
National Bank Of Shelbyville they reported had
been turned over to the clerk, in compliance with
the order.
Judge Taylor sustained the exception to the
receivers report, and issued the following order:
Come the parties by their attorneys, and comes
n9m o the said HARRISON i
the 18th day of July 1884. the plaintiffs file their
exceptions and also their exceptions to the return
made by said John c. s. Harrison to the order of said
Judge upon him, to pay to the clerk, Moses G.. Nc
Lain all moneys with which heis chargeabei and new
said John c. s. Harrison, by his attorneys, pays to
So, 206.79 being Che amount of money admitted in
his said report to be in his possession and within con-
troll but fails to produce pay to said clerk the
balance of the moneys with which the report shows
him to be chargeable the same amounting to $685.
61l.05 And now the Judge having considered the
return made by said John G. s. Harrison to said or
der requiring him to pay said money and the ex-
ceptions thereto, does sustain said exceptions and
does find that said return is insufficient and
that said Harrison shows no legal excuse Tor
his failure to produce and pay said of money
to-wit: $95, GIL .65. And now the said John @. s.
Harrison by his attorneys declines to amend his said
report and return, and declares his inability to pro
duce turn the said sum of money admitted to
be due from him any part thereof
1t is therefore ordered adjudged and decreed that
said John G. S. Harrison is in default account Of
moneys received by him while acting as receiver OF
the Indiana Banking Company, but as to whether said
amount admitted to be due is all with which the
said Harrison is chargeable is not determined;
and the remainder of the said report and return
of said Harrison the judge holds the same under adj
vsementi for further examination.
Judge Taylor said be was in doubt as the
powers Of judges in vacation we're limited,
whether he had right to accept Mr. Harrison's
resignation at this time, and there was also a
question whether he could be proceeded against
for contempt Mr.. Joseph e. Mcdonald, of Mr..
Harrson's counsel, said the sureties on the
bond objected to having their liability increased,
and suggested that provisional receiver might
be appointed
Action on this suggestion was deferred until
half-past Q o'clock this morning. at which time
Judge Taylor is expected to name the person he
has selected to take the receiyerships upon the
beginning of the regular term. This will leave
Mr. Harrison as the receiver in name only until
that time as the court will direct all moneys to
be paid into the hands Of Moses q. McLain,
snlerl0f the court.
In the report of the. receiver, the general reca
pitu1ation is given as follows. to which must be
added the real estate and furniture on hand: