Waterbury evening Democrat., 1892-08-24
IRON HALL RECEIVERS
Judge Taylor Says the Order
 Was Bound to Fail.


New Haven Members Declare They Have
 Been Swindled--Receivcrs Appointed
 for the Branch in Baltimore Favorable
 Resolutions from a St. Louis Lodge.
 INDIANAPOLIS, Aug. 24.-In giving his decision appointing James F. Bailey re- ceiver for the Iron Hall, with a bond of 1000, 900, Judge Taylor said:
 "The evidence is clear and there is no question but receiver should be ap pointed. The thing has been put into this condition by the management of it's officials, the like of which this court never heard of in the course of more than 20 years practice. It seems as if it were managed more for the purpose of keeping up the Supreme officials than for the profits of the members of the order. It is clearly an institution which must close out even with the best management, and those last in 1t must come as suffer- ers."
 In speaking of the amount in the Phil adelphia bank, the Judge said that he did not think that more than five cents on the dollar would be realized.
 By order of the court an officer took control of the orders headquarters at noon.
 PHILADELPHIA, Aug 24.-The news of the appointment of receiver at Indian apolis did not create much surprise among the members of Order of Iron Hall in this city. Judge Taylor was expected to take such action, and the general inn pression is that the Order will be rehabili- tated and assessments levied to put the organization on good financial footing. It is said that as matter of self-preserva- tion the certificate holders of this State and city may apply for a local receiver.
 ST. LOUIS, Aug. 24.-At meeting here Monday night 1,F00 local members of the Iron Hall adopted resolutions endors- ing the order, agreeing to pay all assess ments, and to support Chief Justice Somerby. The sensation of the meeting was the speech of Deputy Supreme Just ice Badger He charged Supreme Cash fer Davis and Supreme Accountant Walker with being the men who were en- deavoring to wreck the order. He was especially severe on Davis, charging him with instigating the numerous suits.
 BALTIMORE, Aug. 24.-Judge Dennis has appointed Charles J. Wiener and Joseph c. France receivers for the Order of Iron Hall. The supreme officers of the Order, who reside in Baltimore and were made party defendants in the bill brought by Attorney Wiener, came into court and gave their consent to the appointment of receivers.
 Another bill for an injunction and re- ceiver has been filed in the City Circuit Court against the Iron Hall. The bill rrays that the Iron Hall Savings Bank be restrained from collecting any money due it on mortgages and from parting with any of the funds of the Order now depos- ited in it's vaults. Judge Dennis signed an order granting preliminary injunc- tion to this effect, and setting August 31 as the day for the Order to show cause why the injunction should not be made permanent
 NEW HAVEN, Conn.,, Aug 23.-An ex- citing meeting of the local members of the Iron Hall was held in this city. The 1 members declared that they had been l swindled by the supreme officers of the 1 order It was declared that the treasurer | should hold &, 300 in the local treasury.