The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-06-13
A DIFFERENCE OF OPINION.

Capt. Cunningham Differs With Capt.
Jackson on the Receivership Question.
The attention of Capt. H. G. Cunning
ham. counsel for the Central railroad. was
called yesterday to recent interview Of
Capt. Harry Jackson, counsel for the
Richmond Terminal and Richmond
and Danville, in the Atlanta Jour
nal, In which Capt. jackson took
the position that the decision
by the United States court OF appeals in the
receivership case of the Atlanta and Florida
railroad brought by the Western railway
of Alabama practically settles the receivers
snip case brought by che Central against the
Richmond and Danville
Capt. Cunningham disagrees with Capt
jackson. The two cases are entirely dis
similar, he said. The Atlanta and Florida
railroad case was brought By the Western
railway of Alabama and other creditors of
the road to secure the payment
of accounts which were not
disputed. The case of the Central
against the Richmond and Danville is
brought to secure the payment of damages
and moneys received while in control OF the
road or due for the expenses of It's operation
while in their control, which the latter has
persistently refused to recognize
and upon which they have rejected
all offers OF settlement and which they seem
perfectly willing to ignore to the end of time.
Capt. Cunningham said the Richmond and
Danville had received the propositions of
the Central for an adjustment Of the claims
between the two roads in anything but
a friendly spirit and had eYinced an evil
dent determination not to come TO set
Element In this case there was no othor
recourse for the Central, but the one which
it adopted and which it is very likely will
be Coz sidered and upheld by the United
States court.
Capt. Cunningham said he is glad the
Richmond and Danville people were so well
satisfied with the recent decision Of Judge
SDser with regard to the New England
Steamship Company stock, although the
Richmond and Danville's claim against the
Central for $40, 600 was In effect declared
groundless with the exception of the one
item Of $175,0O0. admitted as correct by
the Central on certain conditions, which Is
reserved for fur her decision.
The steamship company stock was
brought down to Savannah by Capt. Guns
ningham and deposited in the Central Rail-
ROAD Bank. There are 4, 995 shares OF the
stock, and it is worth 81 100000, which
amount the Central railroad can realizs
upon when needed. The other five shares
are held by the qualified directors.
Capt. Cunningham said the exceedingly
kindly interestimanifested by the r .chmond
aud Danvile people for the Central rail-
road is well understood and appreciated by
the latter. The Central has many owl
dences of the Richmond and Danvilles af-
fiction and esteem. Some of them will
dou tless be recalled In the hearing of
the application for receiver in Macon Fri
day.
There will probably be a motion for post
ponement in the receivership case, which
comes up for a hearing before Judge Speer
in Macon on next Friday.
In case the hearing is proceeded with
there will be most interesting and impor-
tant legal contest between the corporations
OF the two systems.