The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-08-18
Local Parks Ordered on Saturday Not to
Honor Any More Warrants and the Paper
Sent 10 Protest Yesterday.
Receivership Hearing in Court POST
poned Until To-Morrow Morning.
Paper Is 0ut-Plaintiffs Claim There Has
Been Deception About Assets.
CAN'T GET ANY MONEY.

Iron Hall Payments stopped Until the Re.
ceivership L. Disposed or
Yesterday afternoon the Indiana National
Bank was refused payment on u number OF
notes and drafts drawn on tho Iron Hall,
the refusal being made at the banks where
the deposits of this order were kept by
Supreme Cashier Davis At o'clock this
paper, amounting In all to sl.400, was sent
for formal presentation at the Iron Hall
Office. and. not being paid, was duly pro-
tested. This brought out the disclosure
that the banks in which these deposits
were kept had received an order from
Judge Taylor not to pay out any Iron Hall
funds. and that this order had been made
40 long ago as last Saturday morning and
was part of the subject matter of the Sc
cret consultation held by the attorneys in
the Judges room.
THIS 10 but the beginning. and &c is nos
unlikely that. within three or four days. @
considerable amount OF Iron Hall paper
will blow in from other cities.
Mr.. Howe, of the counsel for the Iron
Hall. said the order of the court was q sur
prise to him. and he could not understand
why it had been issued. This seelns
strange as the intimatlon 10 out that Mr..
T.. w. Smith, Mr.. Howe's associate counsel.
understood that such an order would be
issued by the court, or that the banks
would be notified not 10 pay out any funds.
the idea of the court evidently being TO
see that nothing more should get away, TX
it could be prevented, at least not while
the matter was In the hands of the court.
Last evening q Journal reporter called
upon Judge TAYLOR. at his residence to ask
him for the wording of the order TO the
banks relating TO the Iron Hall funds they
had on deposit and upon what Inforina-
tion the order was based.
There was no order made In the case to-
day." replied the Judge. In the case on
Saturday before the court adjourned, when
it was decided that representative attor-
neys should 90 to Philadelphia for the pur-
pose of making. or trying TO make some ar.
rsngement to secure the money that had
been used by the officials of the
order, it was necessary that there
should be some understanding about the
moneys that were on deposit In the banks
in this city. Those BANKS were the Me-
ridian National Bank, the Capital National
Bank and Fletcher's bank. An under
standing was had in regard TO the pay
ment of money out of those banks during
the time the attorneys were engaged IN
the trip TO Philadelphia and back.
1T wac agreed that nothing should be
said about this; il should not be
made public at the time, because
with q favorable adjustments or set
Element of the matters upon which
the attorneys went to Philadelphis; that
there might be something done there TO
make the errand unsuccessful Therefore
the banks were to be notified of the order
and arrangements between the parties and
nothing said about It until the return OF
the attorneys from Philadelphia.
Mr.. Smith and Mr.. Hawkins will be AZ
home tomorrow. and then, If it il thought
advisable, the exact words of that order
will be made known. But do not feel az
liberty TO do 60 until they come home.
Those banks we're TO be notified of this and
they were, 1 have no doubt, Immediately
after the adjournment of the court on
Saturday.
The trial will como up on Friday morn
ing at 9 o'clock. The understanding was
that those attorneys could not get back in
time for court this morning. They will
reach here to- morrow Thursday at 1920
p NJ, and do not think 1t advisable to at
tempt hearing tomorrow. as they will be
wearied after their long trip. On Friday
morning the matter will come up again.
What Will then De done have no idea"