New-York tribune., 1886-05-18
RECEIVER FOR SHARP'S'ROAD
JUDGE PARKER APPOINTS JOHN OBRIEN
AN INJUNCTION SERVED TOO LArE-THE CITY TO
RETAIN THE FRANCHISE.
IBY TRLEGR API To THE rprpuxr
~ TELEGRAPH To THE TRIBUNE.


IBY TELEGRAPH To THE TRIBUNE
ALBANY, May 17.-John OBren was ap-
pointed receiver Of tho Broadway Surface Railway Com
pany on Saturday and gave bonds to the amount OF
SZoooo Tor the faithful performance Of his duties Mr.
OBrien Is welLknown contractor. member of the firm
OF Bren Clark which has for largo por-
tion OF the new aqueduct. Ho is now, 1t is rumored
seeking the contract for building the Arcade
railway In Broadway. He Is well known to all pol
itcians as Chairman OF the Democratic
State Committee. Attorney General O'Brien for
several days has been apprchensve that the worces
ter National Bank OF Worcester Massachusetts, which
holds some OF the bonds Of tho Broad road would
ply FOR an Injunction prohibiting him from applying for
receiver lie therefore prepared with great secrecy
the papers asking for the appointment OF the receiver
and going quietly before Judge Alton b. Parker
OF the Supreme Court, hero Saturday submit
ted his application. At the same tme
he nominated John OBrien for the place Judge Parker
who as chairman Of the executive committee OF the
Demo cratic State Committee last summer became well
acquainted with John O'Bricns financial resources, Mt
once confirmed the nomination The Attorney General
kept the mater OF tho newspapers and dispatched
Deputy Attorney General Post to York, where TO-
day lie served the papers granting the recevershp up
on James NJ Richmond president of the Broadway Sur
face Railway Company. Mr.. Post at once teegraphed
the General OF the OF this plan to get
ahead of the Worcester Bank and then the Attorney
lie s.at"s that he has appoint d Clarence A. Seward
counsel for Receiver OBrien, believing that from his
acq uaintance with the bills passed by the Legislature
to dissolve the Broadway Railroad corporation that he
will well represent the State.
This evening the Attorney General served with
injunction issued by Judge Addison Brown, Of the
United States Circuit Court OF the Southern District OF
New York ordering him not to apply for receiver for
the Broadway road The injunction issued at the
request OF the Worcester >atona. Bank As the receiver
had already been appointed the Attorney General read
this document with some merriment. The Injunction
issued May IA. 1t will not prevent the receiver
from 1ceedng with his work of settling claims against
tho Broadway road. These claims Will have to be
proved before Judge Parker here in Albany.
The Attorney General said tonight: The cars will DO
permitted to usual in Broadway. There is no
necessity for stopping public travel and we will take
pains not to interrupt It," The Attorney General ex-
poets rain OF Djunctons upon him. Issued at the re-
quest of the Broadway Company, but he Is confident
that the State will suffer from these proceedings and
that the Broadway Surface Railroad Company will be
dissolved. Already one method OF defending the com
pany's franchise has been discovered The men who
Attorney General Informed HIM that James A. Rich
mond no longer president OF the road and that
therefore Judge Parker had issued his addressed
the wrong person. The Attorney General laughed
this declaration and replied that the broadway sur
face Railway Company could probably change It's piesl
dent fast he Id apply to the courts for papers
addressed TO this that person. such an evasion or
legal papers he declared would NOT be toll rated by the
courts and would not protect tho company
The receivershp fees OF Mr. OBrien, will amount to
little. All that he will get will be the railway tlos and
tracks and three The total value OF these
about the road s franchise and the consent of the prop
crty-owne-s md the Board OF Aldermcn-s retained by
Now York to be sold to the highest bidder
The receivers percentages Will he levied only on the
$4,000 and not nD0n the franchise.