The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-06-17
DANVILLE PLAYSA TRICK
IT'S FRIENDS THROW IT INTO a
RRCEIVERSHP.

--=--=--
The Step Taken to Head OF the Oen-
trails Movement - The Danville
Feared Falling Into UnfriendIy
Hands If Judge Speer Should Mako
an Appointments.
ATLANTA, GA, June I6.-At 4 o'clock
this afternoon Judge Newman of the United
States court appointed r. w. Huidekoper
and Fenton Foster receivers for the Rich
mond and Danville railroad system. These
same receivers were also appointed In Rich
mond yesterday by Judge Bond of the
United States court. the appointment by
Judge Newman being made on the fling OF
copies OF the papers upon which Judge
Bond acted.
Tonight Capt. jackson, attorney for the
Danville, left for Macon, and tomorrow
instead OF determining the receiyership
applied for by the Central last week, Judge
Speor will be asked to ratify the appoint
ment Of Judge Bond, the same as Judge
Newman and the judges of the eastern and
western districts of North Carolina and the
western district of South Carolina have
already done William r. Clyde, James c.
Maben and W. II. Goodby are the appli-
cants upon whose petition the receivers
were appointed by Judge Bond In Rich
| mond. The hearing for permanent res
ceiver is set for Aug. 10 in that city.
woRKKD UP BY THE DANvILLE.
A provision of the decree rendered yester-
| day ia that on giving ten days notice the
Danville may, on the 10th, move a disso-
luton of the injunction. This provision is
| the key note 60 the situation. 1t shows that
the reoeivership is friendly to tho Danville (;
| indeed, it was brought about by the Dam
vile management in order TO forestall tho
| appointment of a receiver by Judge Speer
| Tomorrow ON the application OF the Central
Judge Speer and the Central are regarded
| as very unfriendly to the Danville and the
| management preferred go deal with a
| friendly court. President w. G.. Oakman.
who, with Messrs. Crawford and Clark, at~
torneys for the Danville, were here to-day
| and made this statement When here q
week ago he predicted that some such move
would be made to prevent the success OF
the Central petition and the delivery Of the
Danville to unfriendly hands.
ALL HANDS DANvILLE MEN.
F. w. HuideKoper. one of tho receiv-
ers formerly vice president OF the
Of the Danville, and Reuben Foster is
also Interested. William Z. Clyde and James
Maben, the petitioners for the receiver.
have long been prominently identified with
the Richmond and Danville Last winter
when the Olcott committee was at work on
a plan of reorganization Clyde Maben and
Goodby put up 100000 TO tide the system
over until the reorganization was effected.
1t was an emergency loan and 1t was agreed
| that whatever come thay were to
have first pull at the Danville pot. SO when
the appointment OF an unfriendly receiver
! was threatened by Judge Speer they ac>
| cordinR to the agreement quietly slipped Ia
and had their own receiver appointed.
woE'T EFFECT THE REORGANIZATION.
President Oakman said tonight that the
| receivership would not affect the Drexel-
Morgan reorganization, but would help it.
IL is hoped that the details Of this will be
perfected In time TO give the necessary ten
days notice. and according to the under.
| standing dissolve the receiverShip on Aug.
| 10 and carry the reorganization
into effect, defeating the Central's
attack and putting the Danville on it's
| feet. All the old officers have been retained
by the receivers, whose office will be in
Washington. Tonight the treasurer's and
| auditing departments are packing up preps
| aratory 10 immediate removal to Washing-
ton. IL Is very probable that all the gen.
| eral offices will be taken away from Atlanta,
whether the receivership stands or not.