The morning news., 1892-03-16
WAITING THE NEXTMOVE
TIE TALK ON TEE STREET OF
TIE CENTRAL RECEIvERSHIP.

the Macon ProcsedinRs-The Law
yers Back Eome-How They Look
at the Cass-spsyer 81 Co.'s Attor-
neys Bere-Gen Alexander Takes
Issue With Maj. Bacon-The Inter
vention Proceedings.
Discussion Of the Cen tral railroad re-
ceivership is again active. Everybody is
asking what the opening Of the case in Ma
con portends-does it look like q receiver OF
noti
The lawyers in the case have 81 drawn
their conclusions, which favor tho position
held BY themselves The attorneys for the
bill are satisfied that Judge Speer will ap-
point q permanent receiver. The attorneys
of the railroads judge from his utterances
in Macon that he will move very slowly
about the appointment, and the attorneys
who represent the stockholders opposed to a
receiver without taking any other position
in the matter now feel sure that no receiver
will be appointed.
That is how the matter stands and the
public can judge for itself. The impression
IN Macon among those who heard the OPEN
ing Of the case there Monday and who have
no particular interest in it themselves Is
that receiver viii be appointed.
BACK FROM THE HEARING.
Gen. Alexander, A. r. Lawton, Jr., Capt.
II. G. Cunningham and Judge Harden are
among those who returned to the
city yesterday morning. Charles q.
Beaman and Julian 7. Davies. two
New York lawyers who were in attendance
upon the hearing in Macon Monday also
came down yesterday morning and con-
tinued on their way to Jekyl Island, where
they will spend some time at the Jekyl
Island Club. Mr.. Beaman is partner OF
Senator Evarts and member Of the firm
of Evarts, Choate Il Beaman. Mr.. Davies
is q member of the firm OF Davies, Short 81
Townsend. They represent about 81, 100000
worth Of claims against the Central, in
cluding Speyer q Co., who recently funded
the Centrars debt 10 the amount of
IS, 700, 900 and other New York creditors
Of the Central. They remained very
quiet at the bearing and had nothing to
cay. appearing merely as spectators. They
will probably rsmatn south until the hear
ing Of the case on March "A. Whsthsr they
will take steps to protect the interests OF
their clients is not known.
GEN. ALExANDER's POSITION.
Gen. Alexander takes issue with Mai.
Bacon as to his point that the Central rail-
road directors exceeded their authority In
making the lease to the Georgia Pacific
He said they were advised by the very best
legal authority they could secure that they
had perfect right to make the lease.
Whatever may be his purpose Mai.
Bacons intervention is acknowledged by
both attorneys and spectators to have been
the hardest blow that has yet been struck at
the lease. he saw Messrs. Rountree and
Erwin, and went them several better. Mr..
Erwin said after the hearing that In all
probability he and Mr.. Rountree and Mai.
Bacon will be very close together
at the final hearing. A law point Ia the
case is that Maj. Bacon. being a citizen Of
Georgia, could not Introduce bis interven-
tion in the United States court until MessrS
Rountree and Perry had introduced their bill
in behalf of Mrs. Clarke. resident Of South
Carolina. To do this it was necessary for
him to aver TO and adopt generally the
allegations Of that bill. The question is, Is
the bill filed by Messrs Rountree and Perry
demurrablel That is, can it be thrown out
upon demurrer that the allegations are
not sufficiently established to require a
hearingl If this should be done then Mai.
Bacon's intervention would have to go also,
as 1t depends upon the bill hled
by Rountree and Perry. 1t is not
improbable that to prevent any possibility
of this kind, Messrs Rountree, Perry aud
Erwin may combine with Mai. Bacon and
make his Intervention the bill itself
THE LETTERING ON THE CARS.
Gen. Alexander said in regard TO the
statement in Maj Bacon's intervention that
the Richmond and Danville had effaced the
numbering and lettering of the rolling
stock OF the Central railroad that such
changes had been made on the sides of four
teen passenger cars aud thirty-one lSco-
motives, which, however, retained the
marks OF the Central railroad upon their
ends and inside for the purpose of identif-
cation.
Gen. Alexander said that as soon as he
discovered this he wrote to General Man
ager Green of the Richmond and Danville
calling his attention to the matter and
stating that it was in violation of the pro-
visions of the lease. General Manager Green
acknowledged this. but asked that he con-
sent to the changes that had been made.
and Offering to put any permanent identih-
cation plates or marks upon the cars that
might be designated. The reason given for
the change was that great deal of ad,
vertising of the through routes was done
by the Richmond and Danville folders, aud
that passengers intending to take the Rich>
moDd and Danvtlle route might be misled
by the lettering upon the Central cars.
Gen. Alexander said that he insisted that
no further alterations should be made, and
that those already made should be changed
back as soon IS 1t could be conveniently aud
economically done. He emphatically denied
that the Central board OF directors was
dominated by the Richmond Terminal.
MAI. BACoN's BILL.
Maj. Bacon's Intervention, full synopsis
Of which was given in yesterdays MORNING
NEWS, is published in full in Yesterdays
Macon Telegraph, and occupies hve COL
umns Of that paper. AS Maj. Bacon him
self stated to the MORNING NEWS cores
pendent day before yesterday, his chief
point is upon the comity between the states.
In full IL Is as follows:
Your orators respectfully submit thar the
legislature Of the state OF Georgia under the
constitution of the state would have no power
20 charter a corporation which should be
authorized to own and enjoy the controlling
stock in all the competing railroads in the state
OF Georgia, as the granting OF such charters is
expressly prohibited by the constitution Of the
state. The said Richmond and West Point
Terminal Railway aud Warehouse Company
has no corporate existence and no right to ex-
ercise and enjoy any corporate right OF fran
sent OF the state through the comfy of the
state.
Your orators therefore respectfully submit
and urge that there can be no consent by the
state of Georgia through the comfy of states
90 the exercise, by a foreign corporation,
within the state Of Georgia. of the powers and
franchises, which by the constitution OF the
state are expressly prohibited and denied &c
corporations created by the state OF Georgia
and for this reason the said Richmond and
West Point Terminal Railway and Warehouse
Company should be perpetually enioined, ethel
Dy itself, or through any person or persons as
Stunning TO represent il, from using Faid stock in
10 aFa0i In ala So