Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1890-03-07
The Canal Receivers.

Chief Judge Alvey has appoihteo
Messrs. Robert Bridges, of Hancock
Washington county, Richard ID. John-
son. of Cumberland, and Joseph u.
Baker. of Frederick, as receivers OF
the Chesapeake and Ohio canal In
the order appointing these gentlemen
Judge Alvey says that the two cases
brought into court will be considered
as one case in respect to all matters
involved, and that all orders and
DEGREES that may be passed in said
proceedings shall be taken and con-
sidered as applicable to both cases
except where otherwise provided.
Messrs. Bridges, johnson and Baker
under the order are made joint re-
ceivers Of all and singular the prop
erty. estate and franchises of the
canal. specified and described in the
bills of complaint, and in the mort
cages referred TO, and property and
franchises OF every description OF the
company in the State OF Maryland.
The receivers are required to take an
oath to faithfully perform their duties
and enter each into the sum of S3O,OOO
for the faithful performance of their
duties. Upon filing their bonds the
receivers are directed to take posses
sion of all the premises; 10 manage
and operate the property OF the cahal
company which shall be susceptible
of operations; TO prosecute and defend
all existing actions by or against the
company, or which may hereafter be
brought against themselves by per-
mission Of this court, and pay the ex-
penses OF such prosecution and de-
Tense with power 10 use the name OF
said company, and generally do what
ever NAV be needful and proper TO
maintain and preserve the corporate
organization of the company until
the further order of the court. They
are also authorized TO employ such
agents as may be necessary TO enable
them to discharge the duties required
OF them, and are required to make
full and true inventory Of all the real
and personal property Of the COM
pany and file the same with the clerk
of the court, and submit full and
accurate account OF all their doings
in the premises. They are 10 receive
all moneys and deposit same in
bank or banks in this State TO be APP
proved by the court, and each re-
ceiver shall be responsible for his own
acts.
The court further orders that all
applications for interlocutory orders
or relief in this action shall be made
on notice by the moving party or par
ties to the other parties OF at least
ten days exclusive of the day OF ser
vice. 1t is also decreed that the
Chesapeake and Ohio Canal Com
panv and its officers, directors and
agents are strictly commanded and
enjoined TO peacefully deliver up
and surrender to the said receivers
all the premises and property, and
especially all the books, deeds, plats,
maps and records of said Chesapeake
and Ohio Canal, whose officers, agents
and attorneys are enjoined and re-
strained from disposing Of or parting
with any OF said property, and from
collecting any debts or demands due
or owing said company, and from pay
ing out any moneys or interfering
with or disturbing the property rights,
credits and effects ordered to be taken
into the possession OF the receivers.
The receivers are directed to pro-
coed at the earliest moment at which
the same can be properly and advan-
tageously done to make full and
thorough examination, and collect
all such information as they may be
able to collect as TO the condition of
the canal, the needful repairs thereof
and the probable cost OF repairing it
and the feasibility OF operating it
when repaired, and shall report the
same with the results OF their own
observation and their own judgment
and opinion in the premises, with the
reasons thereof, to the court for its
information, and such further action
as it MAJ deem necessary.