Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-07-09

acter Of the assets aud liabilities OF the
sns0lvent, sDd 10 make sales and collec-
tons and payments, SO that the receiver.
ship shall be brought TO close at the
earliest practicable time; and In no case
shall said courts or judges allow such re-
ceivers TO enter upon or continue the
management Of the property or business
conrded to them for any other purpose
than 70 close no the business OK the bank.
rupt, whether an individual or corpora
tion.
Sec. 2. That no circuit or district Judge
shall appoint any one as receiver, or 10
any other must an connection with any
receivership, who Is Of Kin TO him hy con-
sanRuinity or affinity nearer than IN the
fourth degree; and that all such receivers
and other agents shall be appointed from
Within the judicial district and state In
which the greater part Of the property In
volved rs situated.
Sec. 8. That no such circuit or district
court or Judge shall have power TO punish
any person in such case for contempt of
court other than the officers or agents OF
the court, parties interested, or persons
who by violence or fraud resist the or
ders Of the court, or resist or hinder the
action OF the receiver or other appoiutee
OF the court, OF for contempt committed
in the presence Of the court; and that
mere lahorers In the service connected
with thu business OF the insolvent shall
not DC considered as officers Of the court,
or subject TO punishment as for contempt
in ptaceaoly quitting such service, or for
peaceabiy advising others to do SO; nor
shall they inlet punishment for merely
constructive contempt.
The above bill, which was introduced
st the instigation Of Lieut. Gov. Gibbs Of
Texas, was read twice and referred to the
committee on judiciary.
The following was prepared by Mr.
Culberson OF Texas for submission TO the
full committee as substitute for the
Reagan-Gibbs recevcrship 5lll, and will
be adopted without material change.
TO Increase the jurisdiction Of the dis
trict court and for other purposes, Be
IL enacted by the senate aud house Of
representatives Of the Unit d States OF
America in congress assembled, that the
district courts OF the Unitoi States Shall
have jurisdiction concurrently with the
circuit courts Of the United States and
with the courts OF the several states OF
all suits Of civil nature at
common law or In equity, including the
appointment Of receivers and issuing OF
all wrlts which may be necessary for the
exercise OF such concurrent jurisdiction.
Appeals and wrlts OF error shall he taken
aud prosecuted from the Judgments, de-
crees and orders of the said district
courts 70 the supreme court of the United
States In the manner, terms and condl.
tons as now provided by law for the
prosecution Of appeals and writs of error
from the circuit courts to the supreme
court The jurisdiction hereby granted
to and conferred upon the said district
courts shall be In addition to the jurledic-
ton o! said courts now existing by stat
ute, whether general or special
Sec 2 That the ssid district courts
shall always be open for the purpose Of
Issuing all process and writs, and for the
appointment Of receivers, whicl may be
necessary for the exercise Of the jusisdlc-
ton hereby conferred upon them, as fully
as the circuit courts are now for like pur-
poses.
Sec 8. That no person shall be eligible
to the appointment and office Of receiver
of any railroad company who is not q citi-
zen and resident Of the state in which
such railway has its rOadbcd and super.
structure; aud VI such railway has it's
roadbed In more than one state, then
such receiver shall be citizen and resi-
dent of such Of said states In which the
longer part Of the main line of such rail.
road Is situated. And in no case shall any
person be appointed as such receiver who
Is Interested in such railroad, or who Is
OF kin to the Judge making the appoint.
ment by consangulnity or affinity
Sec. 4, That whenever any circuit or
district court Of the United States, or the
judges thereof, shall appoint receiver Of
any railway company, the courts of the
several states shall have exclusive iuris-
dlctlon to hear and determine, up to and
including Judgment, all actions at law
ana suits In equity against such receiver
Tor causes OF action heretofore accrued
or subsequently accrued or arising
against such company or the receiver.
Sec, 3. That 1t shall be the duty OF said
circuit and district courts, In case OF the
appointment OF receiver, to cause such
receiver 10 nse all proper dispatch In the
execution OF his appointment and trust,
ana In no case shall the receivership be
continued Tor longer time than abso-
luteiy necessary to carry out the legiti-
mate purposes OF such appointment.
Sec. .. That the circuit and district
courts of the United States shall not have
power to punish summarily any contempt
or contempts Of said courts committed
outside the immediate view and presence
OF such courts, but such cases shall be
prosecuted by Information or Indictment
only.
REPREsENTATIvE COLE DEAD.
WASHINGTON, July Representative
William H. Cole OF the Third Maryland
district died this morning at 1880 at his
residence In this city, In the fotty-niuth |
year Of his age. DR.. Cole, as he was
commonly known, had been sufferer
from Bright's disease for several years
past, and his ceSnise was not entirely un.
expected. He had been unable to attend
the meetings OF the house, OF which he
was member, except once or twice dur
ing the present session. The deceased
leaves a wife, but no children. His
father was prominent Democratic poll
ticien, who educated his son for the legal
profession. La his early manhood he
went 10 Texas, where he was at the break
Ing out OF the late war, and Joined the