The sun., 1893-12-24
RECEIVERS FOR ATCHlS0N,
UvABLE 10 sUPPoRT ITs subsidiary
LINES

| VII kN'hhN wv onus hHS
| Company Cannot Mcet-Seeuritics Amount
Ing to sa4O,OOO.OOo IrvnIved-More than
1000 Miles OF TrncN, Extending Through
Fourteen states-Prssident Rcinhnri, Di-
rector McCooh, and Mr.. wilson OF Topeka
Put In Charge By n Uaitei States Judge.
LITTLE Rock. Dec. 23-JudGe Henry c. Cald-
well. ln Chambers, hns appointed Joseph W.
Reinhart. John J. McCook, and Joseph G. Will
son receivers Of the Atch!son, Topeka and
Santa Fo system.
A special train consisting Of a private coach
and one baggage car which left St Louis on q
forced run at o'clock this morning entered
the Union Station at p. NJ to-day. It con-
tained a party OF twelve or fifteen men r9pre-
sontinE the Union Trust Company OF New
| York. tho Mercantile Trust Company OF New
York, and tho attorneys OF the railway COM
puny
Immediately on tho arrival Of tho train the
passengers hurried to the United States Court
| building, wherc Mt . o'clock they met Judge
Henry O. Caldwell OF the Eighth District Court,
| who received them at Chambers. A bill was
| presented applying for receiver to take
| charge OF properties OF the Santa Fe system.
The party brought with them George s. Haritt,
| clork o. the United States Court Of Kansas at
| Topeka. with whom the papers were llod. the
| Atchison. Topeka and Santa FG Railway Com
| pany being Kansas corporation. Judge
| RossinS OF Rossinnton Judges Smith and Dali
| las OF Topeka. representing the Union Trust
Company; Judge George Il. Peck, the general
! solicitor OF tho Santa FG system; Judgo L. b.
| Kenna, general solicitor OF the st. Louis and
| San Francisco Railway; Charles i. Alexander.
| Of Alexander 4 Green. New York attorneys.
and Major Morrill, Vice President OF tho Frisco.
wore among tho gentlemen present
| Tho visitors we're received behind closed
doors and were with the Judge up TO 5:3O P.M.
! George H. Peck authorized the United Press
| representative to say that Judge Caldwell Ind
| ncted on the bills on behalf OF the Mercantile
| Trust Company and tho nlon Trust { ON pany.
tho former on the part of the ST. Louis and
| San Francisco, and tho latter for tho Atchtson.
! The decree authorizes the receivers to take
operate tho railway and such other railroads
as tho defendant railway holds. Zach OF the
receivers within the next twenty days shall
=, The order contains an Injunction requiring
| the road to be turned over to the receivers.
| Full directions are given the receivers to en-
| ploy aud discharge agents ami employees and
. bring suits and have authority, over the
amounts due for orerayine road and for
II It's is provided provided that the '"e order is male msdS
upon the express condition that all legal debts
GRAFTON Of the road and INCLUDING damages
| ana money and work iurni shed and done IN
road, shall Ge a first lien on the prop
| erty Including ali liability to persons
r ths VINO or %Sy enoPss Peeos
antee Tor Il, and tho receivers are required
them when not appealed from. and all pay
ments Of the receivers are to be audited and
| CONS into tine court ON every OCCASION. The
| com plainants are required to prosecute the
| the court will discharge the receivers.
| Judge, Caldwell. when interviewed tonight
pIementary bill would PROBABLY be filed on
Jan . at Topeka, the object Of which will be
general Etn iorselGsnr% pst In his opinNn tie
| road had brought the, system into its. present
| line being required 10 Keep up tho branches.
The receiyership will result in cutting or the
| branches,
Ft system. made e IL" % ioowins statemea: men a"n'A
The bills, in both cases showed that the
oa sooH with and tha
the, interss. due, Jan, i could not be paid
! complainants went elaLorately into hgures
| ana were very full ami vouminous.
| second mortgage bonds. class A. S77OOO. 600
and and SECOND mortgage bonds, class u. Sj,O0O,-
s5990.0o9. making a total indeSteInoss Of
same suSe both sep0nsd the
fg9lye,rs ar, JOSEPH VI, Esinhart: Pres
ldsnt n q ecce the sSn;a ANITA y LS ] ]sys,eiP; Con
| o. the santa rs system, and Joseph G. Wilson
| Of Topeka who is now clerk OF the United
states District Court at Toneka, and has been
| twice Mayor OF that city The railroads asked
| iot the appointment OF heinhart. McCook. and
George A. Nlckorson. ono OF the directors Of
| the system. Asupplementary bill will be- filed
| on Jan .. at Topeka, asking Tor foreclosure"
II II reported that the companies made de-
terminod effort to hav" George \. Nickerson
made ono o. the receivers. but the trust com-
pany attorneys oulscteI and IL compromise
was made on Joseph e. wilson.
81. LpuiS Dec. 2a-TEe ~. Louis and San
Francisco hallwty known a. the Frisco line
with lts l,oOo miles 81 ROAD. IS part Of tho
santa re sYsten' having been absorbed thir-
teen months ago The Frisco runs from St.
Louis To Paris, Tex, and has branches TO dii-
iereut parts OF Missouri Arkansas, and the In
dian Territory.
The company has n separate set OF officers
ami directors, nj iloy hro under the control
OF the Santa F6. This separate organization
Is necessary, IN orier 70 comply with state
ana national statutes. The 'Iriseo's earn
ings. debts, interests, accounts and
Tpnning Expenses arc computed IN
the financial statements OF the Santa |
lG, and all its mileage, rolling stock