Omaha daily bee., 1889-12-19
The TORREy BANKRUPT BILL.
Omaha Business Men Strongly Urge
Its Passage.
lE RESOLUTIONS ADOPTED.
Stcps Taken to- Provide LiheraIiy for
the Wants ot South Dakota
Farmcrs-An Important
Meeting.
The BOARD of Trade.

A meeting was held in the board of trade
rooms last night in response to a call issued
TO business men and citizens generally to dis
cuss the Torrey bankrupt bill.
The attendance was composed principally
of members otthe board Of trade.
The report OF the committee appointed to
consider the bill and report upon the advisa-
bility OF recommending its passage, was pre-.
scented. The following resolution was read;
whereas, An almost universal demand for
the enactment OF "A uniform BANKRUPT law
has come from all parts OF the United States,
and.
Whereas, a national convention of the
representatives OF the commercial bodies.
which held its first session in st. Louis on
February Is and March l, aud the second
session at Minneapolis on September 3 and
4, 1852, has unanimously adopted and recon-
mended for passage by the congress- of tho
United States the bill known as the lorrcv
bankrupt bill, and
Whereas, 1t is apparent that the bankrupt
law of Great Britain, which went into effect
on january |, 1883, has, through Its wise aud
penenclent provisions, grown greatly IN fa-
vor with both the creditor aud debtor classes
OF That country, aud the principles embodied
therein are generally the same as those
embodied in the Torrev bill, and
whereas, We believe a general bankrupt
aW TO be a measure that would have a
sanitary effect upon business, we would
the adoption of the following
Resolutions:
Resolved, That the early enactment of the
Torrey bankrupt law will enable creditors
to com1sl an unreserved showing and sur
render oil assets, and prevent injurious
preferences and facilitate Just settlements
of the estates of insolvent debtors AS q per.
manent feature of our collection laws, that
1t IS a much needed measure and one that
viii benefit business alike in all sections OF
the country.
Resolved, That the secretary pe instructed
to forward and communicate this action of
our organization to the secretary of the ex-
ecutive~ OF associated commercial
bodies at st. Louis, Mo-, and to our Ne
braska representatives III congress and the
senate.
MIR. Wakefield spoke briefly in favor of the
resolutions, after which they were carried
without a dissenting vote.
President Martin then announced that the
next thing that was to come before the
meeting was the endorsing of the recommen
dation OF the New York board of trade that
the rate of letter postage be reduced TO |
cent per ounce.
A resolution was reported favoring the
passage of such an enactment by congress
reducing the letter postage to / cent, and
was adopted.
The matter of the dcstitution prevailing
among the farmers of South Dakota was next
taken up.
Colonel Chase OF the committee appointed
to investigate the matter read letters and
kilograms from George II. Hand confirming
the reports of destituticn and stating that
aid would be thankfully received. The COM
mittcc recommended that donations be col
lected and forwarded at once, consisting of
provisions of all kinds, especially those
which are not liable to perish from
exposure to the weather, includ-
bles, flour and grocery supplies, and
that several cars be loaded and shipped. The
committee also recommended that q COM
mittee be appointed to consist of five, three
n n NtrlIN m uInt hn rtftrN,.A. &C TN...,l. -l A.
Of South Omaha, and that the committee
have power TO appoint sub. committees to aid
them in the collection.
II was the opinion of the committee that
transportation could be obtained free OF
charge from the railroad companies.
MIR. Gibbon expressed the opinion that
there should be no nesitancy on the part of
Omaha in this matter. The thing should be
done on a large scale, commensurate with
the wealth OF Omaha, and as q means of
showing the generosity of the city. A spe.
cial train should be made up, consisting of
potatoes, Hour, grain, lGeats, etc.
Mr.. Clbbon moved that the committee be
increased by the addition of five merchants
from Omaha. and three from South Omaha.
The motion prevailed and the following
were appointed Il. IL. Taylor, II. II. Clarke,
q. w. Gray, w. l.. Parrotte and j. S.
Brady of Omaha; and II. II. Meduy, L, A..
Cudahy and II. &. Foster of South Omaha,
The committee originally consisted of Colo
mel q. 5. Chase, w. A. l.. Gibbon and A. K.
Dufrene.
The committee on state fair was next
called on and reported favorable progress.
They asked for further time, which was
granted.
The articles of incorporation of the Omaha
Agricultural Park association We're then
read and adopted. The capital stock is to be
s2OO, O0O, in shares of 500 each. The object,
purpose anu gen oral nature of the business
TO be transacted by this corporation is TO
purchase ana acquire title to land, to lease
the same and provide transportation to and
from the grounds for the use of the Ne
braska state horticultural society for their
annual exhibitions and other states and for
county, district and other fairs.
The matter OF the road into Dakota was
agitated, and the ACCESSIBILITY of getting into
the country before st. Paul and Minneapolis
get all the trade Waa shown.
MIR. Dufrene moved that the road be built
and backed up his motion by saying that he
would be one of 100 men to give $1,000 each
towards building the road.
Mr.. j. S. Gibson endorsed the motion and
related the incidents connected with the
building OF tho Omaha 81 Southwestern road
years ago, which was started in a manner
similar to the action nov pending.
An adjournment was taken without any
action being had on the railway question.
Rrevities.
]. G. Parrish of the Omaha fire de-
partment returned from his home in
West Virginia yesterday. He was called
home a few weeks ago to attend the
bedside of his dying father, but he ar
rived too late. His father died the day
before his arrival, while he found his
mother and sister confined to their bed,
the former suffering from a fractured
and the latter with n sprained limb and
other injuries received by a runaway
accident.
M. ID. Carr of 24l6 Decatur street was
thrown from his buggy at Eighteenth
and Grace last night and his shoulder
broken.
The BODY of the baby which was found
in a pool Of water at the corner of Sixth
and Harvey streets yesterday will DO in
tered in the p~otter's field by the super
intendent of the poor farm today.