The Corvallis gazette. [volume] (Corvallis, Or.) 1862-1899, 1891-09-18
OREGON PACIFIC RAILROAD CO.


fixed by the court for the receiver to comply
with the order for payment of the employees,
and to present his report thereon. Judge
Pipes was in attendance ali day, and with
the counsel for the men, Messrs. Weather |
| ford and Chamberlain, was waiting the re- J
CENT of the expected telegram At $50 the
! telegram not having come, the Judge noti-
fled all parties Shat he would sit at 2 O'Clock
the next dav, Tuesday. Late on Monday
night long telegram to Judge Pipes was
received here, explaining the reasons tor the
receivers in i5ility that day to comply
with the order of the court. The report III
question was read at the opening of the SIT
ting on Tuesday. 1t set forth that the re-
ceiver's arrangements for selling the GER
tificates in New York had been upset by
notice served by the counsel for the Farm
ers Loan & Trust Company ON him, ana
widely circulated in financial circles III New
York-that the order of the court here for
selling the certificates at 80 per cent and
81 per cent brokerag or commission was
illegal and void. The report went on to say
that the notice in question had been re-
calfed and retracted by the counsel who had
published it. but that too short time had
since elapsed to negotiate sale OF SAID Sc
curites, and therefore asked for an exten-
sion CT time until November lst.
After the report was read Mr.. VIM. NJ.
| Hoap. attorney in fact for the receiver, ad-
dressed the court, and supported the re-
ceiver's petition for extension OF time until
November lst. He proceeded to show, by
reference to a memorandum he produced,
that the road was between four and hve
months behind i'll payment of wages, and
upwards of $50, GOO for after incurred cur
rent expenses--making upward OF Sl7o,O0O
paid by him between October 18th, lo9o
and September 5th, 1891. The payment OF
months was to the men having been
made as follows: One in October two Ill
December, 1890, and one each in February,
March. May, June and September, 1891.
He stated that the necessity of laying up
the steamship ''Willamette Valley, and
making heavy repairs on her in July and
August, 1891, has not only slipped large
proportion of the receipts of the road, but
has involved considerable outlay, and that
these two causes had prevented further
payments being made in July and August
to the men.
Attorney. General Chamberlain then ad-
dressed the court and urged that the he
c;eve,'s application for more time rested
onlv on a statement that some attorney III
New York h I'D given some opinion that the
certificates were illegal, which was really
no excuse for not having sold the certih
Gates and raised the money. He then pro-
ccedcd to read the petition of John Iway
for the Drcmptory removal of the Receiver,
said that their clients (those of the railroad
employees that they representedD were will
ing to take t he chances Of swapping horses
while crossing the stream and they wanted
some citizen of Oregon to be appointed, OF
whom there were plenty to be found. who
I were quite competent to manage the rail-
, road. and who could at least make as good a
, showing as Colonel Hogg had done in sell
t ing the certificates, and if they failed 1t
would then be a justification to Colonel
Horp for his not having been able to raise
, the money. Counsel then referred i'll strong
-. terms to the suffering of the men by failure
= to paw their wages, and spoke of what they
MIGHT do if the more conservative element
lost control.
/ VIM. Hoae at once answered this by say
), ing that it was unfair to the men to cast such
5 a slum on thcm-that he had entire cont
lence in all Of them, and would go to them
! to guard the railroad property If it were
in any danger from outsiders. Hon. ). h.
, Weatherford then spoke in support OF the
petition for removal of the receiver. lie
| denounced the receiver tor not paying tine
men. He referred to the report for 1870 tt
the state railroad commission of the Oregon
Pacific, and read thelefrom the statemen
, that for all that year the amount charged TO
the mems wages was $5S, l63, while Mr.
Hoay had paid out $I27, $50 in eigh
D Notwithstanding to the statement h
l. had read. Mr.. Hoag denied that the ne
: ures were as given by counsel, but counse
:, persisted they We're right (Note, pages Z
e and G3 of the report in question give tn
l. total expenses of operating the road ia
5. 1889 80 at SI3O, ,2G9, Lut no separate figure
1 for wages Mr.. Weatherford got his S5S
y l63 from conducting transportations, fo'
IL oetting the wages included i'll the othe
9 items, making up $50, 209). After argu
ment lasting until nearly 5 o'clock, Jude
e Pipes rendered his decision to the followin
d effect: That after careful consid Grafton. h
IS concluded that the receiver had been dert
l. ict in duty in not paying the men. not nee
IL essarily so during the time referred to l
IL the receivers report just read, but durin
It. the progress of the receivership; that ther'
It fore the receiver shonld be cited to appes
)d before him at the earliest day practlcab
I'd and show cause why he should not be IT