The Portland daily press., 1893-12-29
SENSATIONAL PROCEEDINGS.
An Appeal to the Court TO Remove the
Northern Pacific Receivers.

Northern Pacific Receivers.
Milwaukee, Wis, December 2S.-Silas
! W. Pettet of Philadelphia, general coun-
sci of the \ orthern Pacific railroad, ap-
| peared before Judge Jenkins in the
| United States Circuit court today and
| filed petition for the removal of the
present receiversMessrs. Thomas f. Cakes,
| Henry Payne and Henry G. Rouse, and
! for the appointment of other receivers in
their place. 80 e5
Not hint Of this extraordinary and
unprecedented move on the part of the
company had even been allowed to
become uplic.
The petition is exceedingly volumin-
nous, covering 200 type written pages of
legal cap. 1t makes serious and sensa-
| Thomas T. Cakes, Henry Willard and
Roswell g. Rolston, president of the
Farmers Loan and Trust company of
New York, at thesiustancesof whichscom-
pany the bill for a receiver was filed. No
charges are made, however, against Re
| ceivers Payne and Rouse and their names
| are included in the; general petition for
removal solely because they are nomi-
mated by the coterle against whom the
proceedings are directed and are conse-
quently assumed to be subject to and
working under the control of that in
f1uence.
Summarized, the road applied for a
change OF receiver on the ground that at
the time the receivers were appointed it
practically had no hearing: that it's
| managers had in less than a year saddled
it with the interest Of $50, 200, 600 for
properties which were OF no value to it,
but in many of which they were person
l.,l1x ;v,Az AL \ 20 81
made large profits, and that the presi-
dent of The. company and the president OF
the trustees OF the mortgage who had
participated in the fraud and misman-
agement. colluded together to put the
road in the hands of receivers who were
nominated by them for the purpose of
and with the effect of perpetuating the
the bankruptcy.
The petition has been flied and an or
der has been issued by Judge jenkins to
show cause why it should not be
granted. Attorneys are now preparing
the order which will be presented to
Judge Jenkins for his signature.
Platt or Hart.
Providence, Decem Der 2s-The pro-
ceedings for the appointment of an
ancillary receiver of the New York and
New England road here are decidedly
animated. The faction desiring the APP
pointment of W. L. Hart had it's inning
this morning This afternoon, A. A.
Strout, ON behalf of the Z C. Platt fac
ton, accompanied By George H. Norman,
DR., of the 1irm of F Fl. Prince & Co.,
bankers of Boston, arrived. VIC. Loripg
of Boston, made motion that W. L.
Hart be appointed receiver and stated as
his reasons thatsMr. Hart was a recog-
nized railroad man, whereas Mr.. Platt
was not, and that the former had been
trustee of the Bunnen mortgage, a
director and president of the property
Mr.. Strout considered Mr.. Hart not
proper person to be appointed, as he rep
resented second mortgage bonds, which
were practically owned by an enemy to
and rival of the road. He thought i'm
mediate action was not necessary. Judge
Colt thought more time should be given
for the presentation of the reasons by both
sides and adjourned the court to Boston
tomorrow morning at 10 O'Clock.
To Set the Wheels Turning.
New Haven. Conn, December 2s.-
Counsel for VIM. T, Hart, yesterday APP
pointed receiver for the New York and
New England railroad company's
property in Connecticut, approved before
Judge Townsend in the United States
District court of this city this afternoon
aud asked for an order summoning the
sheriff in charge of the New Eng1and's
property at East Hartford to appear in
court and show cause why he should not
be punished for contempt Counsel, in
asking for the order stated that the
rolling stock of the company in East
Hartford had been attached. by the
Philadelphia and Reading railroad in q
suit for $500, 900. The property was tied
up and general traffic interfered with.
The counsel claimed that the attachment
was made with the knowledge and notice
of the application for the appointment of
a receiver. Judge Townsend this evening
granted the motion and hearing will
be had before him in this city at 2 p. m.
tomorrow.
The Lease Ratified.
New Y ork, December 9S.--The vote on
leasing the New York, New England and
Northern railroad by the New York and
New England railroad company this
afternoon resulted 1874, 045 i'll favor to G, gS3
against the proposition. This ratifies the
lease. United States Commissioner
Shields, this afternoon qualified MIR.
Plat as receiver of the New York and
New England railroad, in 500, 900. The
S.Brice.
An English Atchison Company,
London, December 2s-The financial
editor OF the Westminster Gazette says
this afternoon in an article On the affairs
of the Atchison railroad system: 1--WE
have to welcome the information that
steps will be taken today to form Lon
don company to protect the interests of
the bondhoIders. The names of those
undertaking the task will represent the
largest English interests in A tchison."
The Empress and Mrs. Runyon.
Berlin, December 2S.-The Emperor