San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1892-06-15
THEIR TROUBLES ENDED.
Arkansas Pass Railway turned
Loose"
RECEIVERS AND LAW YERs ARE
oUsTED.
The Company and Bondholders In
stalled and Money Already
FIowing-New Directors
To Be Elected.

This morning the 45th district court
room was crowded to its utmost capacity
by lawyers and citizens in general, all
interested in the outcome of the Arkansas
Pass matter. The petition of the com
pany, b%ondholders and others was to be
answered by a decree of the court
finally. They heard the many elo-
quent pleas, both pro and con, and
after all had finished they waited with
bated breath for the opinion and order of
his honor, Judge King. IL came, and
with it came Joy and gladness to all San
Antonio and all southwest Texas. He
gave back to the owners their own. After
he had issued his order a smile and re-
lieved look came over his face. He had
finished with a diSagreeable task.
This will settle the business and turn
loose in San Antonio S750,OOO. Now for
a big rain and every body will have
money.
The following is the decree in full:
District Court, Bexar County, Forty
Fifth Judicial District, johnson & Han
sen VS.. The San Antonio and Arkansas
Pass R'y CO., Consolidated No. 563:
On this 18th day OF June, A. U. lSg?,
this cause coming On to be heard on the
petition of the defendant corporation
that the receivers. b. +. Ioakum and j.
S. Mcnamara, be directed to transfer
the possession of said railroad and lts
property to the corporate officials of the
petitioners for their future management,
operation and control, and it being made
to appear to the court that said motion
has been regularly filed and entered on
the motion docket, now upon the said Pc
tition and upon the affidavit Of Eric
P. Swenson and upon the consent
filed by the Farmers Loan and Trust
company, the Union Trust company, of
New York, and,the Central Trust COM
pany, of New York, and the consent of
certain Of the creditors Of said railway
company and of the receivers, 1T is or
dered, adiudged and decreed by the court:
THAT the DEGREES herein made at
this term of court and on the 18th day of
May and the 9TH day of June directing
the foreclosure of certain mortgages in
favor of the Farmers Loan & Trust com-
pany, the Union Trust Company of New
York. and the Central Trust Company Of
New York, be and are hereby vacated.
2.-That ali exceptions heretofore filed
to any of the reports OF the special master
here be and the same are hereby over
ruled by consent and the said reports are
confirmed.
3.-Tf at the said receivers, B. f. Yoa-
KUN and J.. s. Mcnamara, forthwith re-
turn, restore and deliver up to the preSi-
dent of the San Antonio 81 Arkansas Pass
railway company for said company and
it's future management, operation and
control said railway n the franchises,
rights. properties and the assets of the
defendant company, the tracks, road way,
depotS, depot grounds, engine houses. en-
gines, rolling stock, machine shops, ma
chinery, tools, apparatus. materials, fix.
lures, furniture and supplies, Theron and
railway ties, the money, rights of action,
bills. notes. books and book accounts, the
vouchers, receipts and deeds, assets and
property, real, personal and mixed,
of every kind and description whatsoever
now in their hands or under their
control pertaining to the said Railway
Company or TO the operation or admins
tration of said railway, charged, never
theless, with the payment of the indebt-
edneSS of the said receivers for mater
ials. supplies, salaries or expenses, or
upon notes or acceptanceS given by them
and now outstanding, or upon any other
liabilities in causes of action arising out
of aud during the receivership, together
with the sum of about (S2l7,CO) being the
amount the Pullman Palace Car Com
pany together with such other sums as
nav be due said Pullman Palace Car Co.,
in respect to any of the rolling stock now
i'm the use of said railway company,and
charged with the payment OF all claims
adjudicated and reported by the Master
in Chancery as claims againstthe defend
ant railway company in his report filed
May 81, 1892, excepting all claims hereto
fore purchased by the REORGANIZATION
Committee, among which are numbers 4,
@. 10, IL. 90, 25. 81, SO, 81, 81, GA, &C, 81, 60.
"A. n, 101, 103, 107, 100, Ia, Except S9,372.0O
and interest not owned by the keorgani-
cation Committee), 1875, 126, 12S, 1919, 100,
134, 1875, 1876, l41, 147, 149. 152, 156. 16O, 165,
1863, 1872, 1874, 1877, 1876, 1877. 19S. 1879, 20O, 202,
2O7, POS, 2l0, 211, PIP, pa, 2l5, PIG, 2l7, 2ls,
2I9, 220, 222, 223, 224, 227, 22S, 23l, 234, 23S,
239, 24O, PAL, 242, 247, PSI, 255, 256, 27s, 29l,
800, 3O7, 3OS, 300, $40, 311,3 81, BIS, 320,33 and
1892, Masters numbers, and charged with
the payment of any other claims hereto
fore adjudicated in favor of the claimants
and reported by the Master to the court
aud not yet paid, together with such
amount as may be reported by him and
confirmed by the court upon claims now
pending or hereafter presented before
him excepting the claim of Mitf1in Ken
edy, Masters number Bel, (provided such
claims are prosecuted by the plaintiffs
and the plaintiffs proofs are closed be-
fore the LIST day of October, 1892, and
charged with the payment of claims ad-
Indicated and reported by the said Mas |
Ter in Chancery as set forth in his report
as claims against the receivers aggregat-
ing sixteen thousand, eight hundred and