The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1885-05-28
MORTGAGE roREcilosEp.
Tho Ohio Central Raiiroad 40 u n $ssld-com
missIoners Appoihteti. r

CnxRlEsToS, w. Va, May 27.-rh
litigation over the Ohio Central railroal
which las been pending in the Unite,
States District Court for the District 0
West Virginia terminated by decree Q
foreclosure Of the first mortgage Of th,
river division bonds last night by Judg,
Jackson. The property Of said mortgage
consists Of the railroad rolling stock be
tween Corning, Ohio, and this city, aisc
the mortgage Indebtedness Of the Point
Pleasant Bridge Company. The decree
directs the sale ofithe property at Charles:
ton. w. Va, within one hundred and
twenty days. No bid being received under
$600, ,0JO for the railroad aud 100000 fol
the mortgage bonds on the Point Pleas.
ant bridge, the court appointed Thomas
A. Sharp receiver and Senator u u.
Kenna, Thomas L. Brown aud j. w. Cra'
craft commissioners to sell the property.
It has been strongly intimated that
Huntington, the Chesapeake & Ohio
magnate, took considerable interest in the
contest, HE being anxious to get control OF
tile River division TO prevent rival sea.
board road. The people here have taken
u great interest in this controversy, as the
sale Of the Ohio Central road insures It's
completion, as syndicate has already been
formed to purchase the road.
AtoRMoNs ANXIOUS TO SELL OUT.
Prop ositions Made TO u syndicate of Eastern
Capitalize. SO
New YoRK, May 27,-There are indica-
tions here tina. the operations Of the I'd.
munds' bill with reference to polygamy has
had an unexpected effect upon heleaders
Of the Mormon Church. The control oi
that church is vested in the President aud
his twelve Apostles. II has been gener.
ally supposed that they hold a vast
amount Of property for the church. The
amount, however. appears to.be compara-
lively limited and under pressure Of the
Eimunds bill they have been i'm PEELED to
make a protler Of the sale OF all their prin-
cipal possessions TO syndicate OF Eastern
capitalists, with the intention ofemigrat
ing to Mexico, and taking with them such
Of their followersas can be induced TO leave
Utah. Theproposition has been laid before
several large Eastern capitalists, who have
been invited to teonsiderl It purely from a
business standpoint. The agent in the
matter is John w. Young, a son OF Brig
ham Young by his first wife. Young was
one Of the contractors for the building OF
the Union Pacific road, and ia 9sharp husi-
mess man He has been 5liere ifof tive or
three months on this mission, and has one
Of his wives with him. He was here about
a year ago with brother aud son, at
which time so many Mrs. .Youngs were
registered at the hotel where they stopped
that it became mooted question whether
the practices OF Mefnlonism we're not be.
ing carried on in New York. Thus far
Young has made no progress beyond getr
ting a hearing from capitalists who have
taken his scheme under consideration. A
gentleman who formerly lived in Utah
said to your correspondent to-day, 1T has
long been the desire Of q strong faction oi
the active leaders among the :MormonS to
20 away from Utah. l presume that the
conviction under the Eimunds bill has
given them the excuse for pressing their
views on the rest OF The church. There Is
very little common property held by the
church. The territory Is districted. Each
district is given over to an apostle: Erhtre
are upwards Of one hundred Bishops,
Ghoasn for their hIlinesa capacity. The
Bishops silent partner Is the apostle ior
lis district The entira scheme Is to get
up monopoly OF trade. No other Nor
mon is allowed to start a store, and the
Mormons are forbidden to trade with the
Gentiles. Han offer Of property las been
made to Eastern oapitaliats, It is the prop
erty OF individuals. Itmay be q big scheme
to sell land that Is otherwise unsaleable.
The Mormons are equal to any such trick,
and the Youngs are sharp enough to put
II through ~