The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1885-02-18
THE NEW RECEIVER.
Nr. McMillan's Duties in his
New Position.
GUARD OF A DESP0ILED ROAD.
APPOINTED to take Charge of Every
thing, but not Directed where
to find 1t,

Judge Zane yesterday fled the order
amounting H. G. Mcmillan receiver OF
the Utah Eastern, and placing his bonds
at $1,000; the order prescribes what
the duties of the receiver shall be. and
gives other particulars. of which the
following are all that are material.
The Receiver is to hold his Office pend
ing the final settlement and judgment
in the action at law; the road is des-
eribed, and the whole line, side tracks,
tools, rolling stock, materials, and every
thing used in maintaining. repairing,
or bettering said line OF railway, and
all documents, books, papers, etc, ETC.,
etc, are given into his possession; he is
authorized to employ counsel, and all
necessary agents and employees, dis
charge the same at pleasure, and gener-
ally 70 exercise all the powers OF re-
ceiyers in like cases; the bond must be
executed to John NJ. Zane, clerk OF the
Third district, for a faithful perform
ance OF his duties. within five days
from the date of the order-February
10th.
The parties to the suit, each of them
and their agents, are enjoined to refrain
from in any wise by o T. direction,
act or otherwise hindering OF preventing
the said Receiver from taking possession
of all said property, and from in any
wise interfering with his possession and
management thereof as herein provided;
and the said Receiver is hereby author
lied to collect and receive all income,
earnings, rents and profits of said
property, and to collect credits imp. id
for the past use and operation of said
properties, and that he pay and apply
all receipts and earnings to the payment
of the necessary expenses OF executing
the Trust. and to the payment Of agents,
assistants and employees, and to the
payment for labor and materials. Ii
any balance of said receipts or earnings
remain after making payments as afore-
said, said Receiver shall hold and de-
post the same in some responsible bank
in Salt Lake City, subject to the further
order of the court or Judge thereof.
1t is further ordered that said Receiver
keep full Just and true accounts of all
moneys received and business done over
or with the properties committed to his
care and the sources wherefrom derived !
and of all moneys paid or expended or |
incurred by him in the execu-
ton of his trust, and that he file a |
statement of such accounts.
tbs further ordered that the Receiver |
shall take an oath that he will faithfully |
perform all the duties of his office; and
after taking the oath and
fling the bond named, he shall be
vested with all the rights and powers |
hereby granted, and with the manage |
ment and control of said property, |
without any formal act of taking pos
session; and as such ReceiTershall have
the right and power to use all the rights
and franchises of the defendant com
pany. SO far as necessary to carry out
the peHers hereby granted, to bring
or defend either in his name as such Re
eeiper or otherwise as he may be advised
by the court, or judge thereof, achons
atlaw or in equity, to enforce, defend
and protect the powers and rights
hereby granted.
1t is further ordered that said Receiver
within sixty days file with the clerk of
this court an inventory of all property
coming into his possession or under his
control as such Receiver, that such Re
ceiver may from time to time report to
this court, and upon such report and
notice to the parties, apply to this court
or q Judge thereof for further orders
touching his duties in the premises.
G. S. ZANE, Judge.