The sun. [volume] (New York [N.Y.]) 1833-1916, 1891-10-16
RECEIVER HOGG IN A FIX.
,vr RESULTS OF BONDING OREGON
pIcrFfC FOR $4,000 A MILE

plcrFIC FOR $4,000 a MILE
u.rSho,ders Net and sheek Their
r,,,. IN tho Air. but Hosg DiAar Get the
..s-The workmsn Msves't ness
,.,s cor an Uaknewn fersoA. snA They
..,,x 10 the Cenrt to Get Receavsr Ness
',...x.a-B o.dheiders WIN no che saae.
,,,o;vsr T. Egenton Hogg and his fellow
Ho Of the Oregon Pacific Railroad are
ns .,rasn two pretty hot fires. and II now
.sn,s 10 be question OF only Few
says before they will turn over the
III which they have bonded Tor SeU.ooO
.,iIc TO practical railroad mon. There was
,,estinc OF bondholders yesterday. called
President Ialston OF the Farmers
and Trust Company. tho trustee
- the mortgage. It lasted all the
non and fiery words were the rule rnther
.ssn tho exception. A reporter OF The Sun
'n"n into the meeting and heard the In
o..,iyc roll of from the lips OF several OF the
,,rers. AS IL their wrath was intended for
some one present.
'V pnt only Third Vice. President Norman Bent
,.v was there to represent the management.
md Il got too hot for him to stay oil through.
The word thief was used in more than one
'.n,snce while THE SUN man was present. It
~as umored that James A. Blair. son OF
Tim Blair. had approached too near Receiver
uovss face with his fist: but such was not the
.sss as Mr.. Hogg left for Oregon several days
But ySps M Mi BaF n did s sHsk' re es ss
i saT to Mr. Hosg transactions They related
~ %ssns sd h tasked Mf Hoas While
was in New York. but he gave them no salts
faction. and he has made no accounting Tor
's TSe otheT ire tina. Is threatening Ress yer
HogC is the plan Of the Workingmen On the
5 n owes esSs ss
thSSyy have taken the matter into r. the state
order t. get their dEss Taei SroqHn s
s ssF @ Hoss That he Is
the loss q the owners and tho disadSsnt ag
tr rsI next week. and Hoss is hurryng back
trial q this case was the %medats 5Sa.
HAsF he had sp essa a %sens Il
SS@m.ss Mas
GhoeR c ss
& S Mokim. and Linicy smith Of Philndelphis.
holland HAZARD George 5 Gee r Hnd names A.
decided to bring a second case in the Oregon
court to qs1 HGf Sad Il
ibie I man IS appointed in his place. the bond
h9ders VIZ to pay tns PPhs
VII I the mon We're paid with. but which are
nG The Value Of the Oregon Pacific Railroad pa
current in that state; While IoKs was RTssl;
used to- to get due bills Tor their services. the
value Of which sadly DEPRECATED because
,yntry day a workman came to q hotel to
T SaSss lsb HG Ssss y woq no The
wouldn't take wsgon-load Of them" replied
the who a;r the
@sn KS dnner he Would
sMr, +. K. Pendleton. the attorney for the
dss II Sow the
iS Sss6 s q first on s5ss P0n %es that
eeST Ip rsnds gSaa Sst
soss s i hs aGa
fSs l iSst Default On the bonds was IN @:
reosver had
and nsss! te IL ostns
sbs dsS PIT ne Gqt 81 ee hsd
nseas that M he hsa so u ses
and he had Rsa a
But after taxing 9at al! these items there re;
H Ho told him that i has been put into TIE
m 9 + Ell TSd be TSe 1s se
Contract ir allowed only SIS. 900 a mile.
Ts sgS ed not s
h OF that 81 on the asRed
coR S shs a0fs
This point was discussed for a long time by
the committee and many unpleasant things
But there was no doubt about the general
The bondholders say that when they were were
bonds would be issued only as fast as the
q bu "a s@ss
TEN 5 XauiRs a Bay o5 to Boise sov ct
mes have been cempetedf CITY
ass sssS 81 os5 &s rSs so sse
TIE bonds shall be issued only Tor road under
but says that 1t means
s 5s &c b re sHSs G r
soa and thsi was a' a they cared for the
iast iaI, wos c,eyspT III az Work. and Il VAS
done 80 quietly that most of the bondholders
didn't know what was up until too late. Some
OF his friends who were bondholders sent IN
appointment OF Hogg. and the whole thing
WAS carried through IN day.
John |. Blair and some OF the other disgrun-
tied bondholders appear on tho list OF the old
Board Of Directors. but they. are 80 pad about
the matter that they now claim that they never
only one OF Hogg's methods Of advertising the
road. 80 as to dispose Of the bonds. No finan-
i9r several years. About the only information
that was furnished to Poor's Manual was a
highly colored description OF the alleged ad-
santages Of the new road.
ann lrnnxreuYauYDDY