The Corvallis gazette. [volume] (Corvallis, Or.) 1862-1899, 1893-12-29
THE END NOT YET.
Mass Meeting of Oregon Pa
ciflc Employees.
RECENT SALE NOT CONFIRMED
NO CHANGE. TO BE MADE IN
THE RECEIVERSHIP AT
PRESENT.

THE RECEIVERSHIP AT
PRESENT.
Mass meetings of Oregon Pacific creditors
for the purpose of devising ways and means
for the payment of their claims have not
been unfrequ ent occurrences iii the history
of the company. The one held at Albany
on Sunday last however, seems 20 have been
the largest and most enthusiastic meeting
vet held. SO many were in attendance that
the Albany Engine Co.'S hall proved
inadequate to hold the throng, and -ad-
journment was had to the opera house The
meeting was called to order by Chairman
Barns. He stated that they were not en-
gagged 10 a personal fight and wisely
cautioned the men against any hasty action.
Their only object was to get their money
and that little or nothing would be gained
by resorting to violence and all should work
in harmony.
Charles Miller, of Yaquina, was elected
secretary of the meeting. Mr.. c. G. Hogue
was then introduced and read the report
that he had already made to their executive
committee.
At this time the chairman appointed a
committee of three to wait upon Mr.. Had.
ley and ask him to be present. On making
his appearance he was called to the stage
and addressed the meeting for over an hour.
During his remarks the situation was
thoroughly reviewed and considerable time
taken in defense of his administration of the
companys affairs and to the criticism of Mr..
Hogues report.
In concluding his remarks he said that
his conscience was not made of rubber, and
was candid enough to admit that he had
stretched it to it's limit. During the first
three months of his recelvership he had been
led into believing, from letters received by
him from Mr.. Blair, that if a proper show
ing of the earning capacity of the road
were made, it would be purchased and ex-
tended eastward; but from the beg inning
he had been deceived and was now thor
oughly sick and tired of it. He had during
his administration worked for the best in
terests of the employees and at this time
would not desert sinking ship. His res
ignation was in the hands of the court, but
if the employees wished him to continue the
management of the business, he would do
so.
At this point Mr.. Hadley was asked if
Mr.. Hogue's report was true. He replied
that he could not say but what it was true,
just and impartial.
The chairman of the committee then came
forward and made few remarks.
j. H. Wilson, as minister plenipotentiary
and envoy extraordinary, from the pur
chasers, Messrs. Clark and Hughes then
asked permission to address the meeting,
which request was granted. After speaking
a few minutes he read a resolution which
was 10 the effect that if the money bid for
the property was applied to the payment of
laborers and material men and it would dis.
charge their claims in full, they should
wish the recent sale confirmed. MIR. Will
son asked that the resolution be adopted
but none of the audience saw fit to comply
with his request. The chairman announced
that the selection of some person to be rec
commended to the court as their choice for
receiver, would be in order, and the names
o. G. Hopkins, auditor under the present
management, Con. Sullivan, roadmaster,
and +. ]. Miller, were mentioned. Mr..
Vaughn objected to the manner of voting
and suggested that the NEST equitable way
of making their choice would lie for each
man to vote the amount of his claim. A
motion to this effect was voted down. On
motion, it was agreed that the person re-
ceiving the greatest number of votes would
be their choice The number of votes cast
was ll3, of which Miller received S3, Sui
ivan IA. Hopkins IA and blank 2. A mo-
tion was then made to make the selection
unanimous, Mr.. Vaughn alone voting no.
A vote of thanks was rendered Mr.. Hadley
for the free use of trains and for his inter.
est in their welfare.
TO SET ASIDE THE SALE. +.
Five hundred men, mostly laborers and
supply creditors of the Oregon Pacific Rail-
room Monday afternoon to listen to argu-
ments OF counsel on one Of the most i'm
portant matters yet before the COURT
whether or not the sale made on the 18th inst.
should be confirmed or set aside.
Judge Bronaugh, on behalfof himself and
other holders of receivers certificates, began
the argument in which he objected to the
confirmation. showing to the court many log
ical reasons for such opinion ahd closed BY
stating that his prophecies all along through
these years oflitigation had proven only too
true.
II. 81. Hewitt of Albany, representing the
laborers, followed, and asked that the sale
b9 set aside on the ground of inadequacy of
price, combined with the discrepancy be-
tween the bid made January 20, 1892 and the
one now under consideration. Irregularities
in the proceedings leading up to the sale in
that the real prop erty should be sold at the
court house door, in the county in which
such property is located and that all personal
property should be in view of intending bid
ders, were urged as being sufficient grounds
for setting the sale aside.
No one appeared for the Oregon Pacific
Railway Co. owners of the properties under
the Job purchase.
Judge Finn, on behalf of the defendants,
the Oregon Pacific Railway Co. and the Will
lamette Valley and Coast Railway Co., also
objected to. the sale. These objections were
verified by Zephin job as secretary Of both
corporations and alleged that the purchas-
ers j. j. Belden, Henry Martin. f. v. PEN
dleton, H.. Hollonworth, Joseph Wharton
and James A. Blair, had entered into con-
spiracy in New York last November among
themselves and Others unknown, for the pur-
pose of defrauding the creditors and other
time holders and accrediting them with hav-
ing circulated report, in New York and
elsewhere, for the purpose of keeping any