The evening world., 1893-12-28
NOT YET IN CONTROL.
No Papers in the New England
Middle Have Been Filed.
w. L. Hart Appointed Temporary
Receiver In Boston.

Receiver Thomas c.. Plat had not
taken possession of the effects Of the
bankrupt New York and New England
Railroad this morning, although he is en-
titled to- do so under Judge Wallace's
order OF yesterday.
President Mcleod still held the fort in
the Company's offices in the Equitable
Building, and though he refused to talk
further OF the situation, he said that the
polls would be open again after L.
o'clock this afternoon for stockholders
to vote Upon the lease of the New York,
New England and Northern.
He said he expected to be able to get
enough proxies to make up the required
100, 900 shares necessary to ratify the
agreement, although II dose not appear
what advantage viii be gained by 1t
under II hostile receiver.
Mr.. Boardman, of Tracy. Boardman &
Plat, who obtained the appointment of
Mr.. Plat as receiver, said this morning
that the papers in the case and Judge
Wallace's order We're being prepared for
filing with the Clerk of the United States
District Court in this city.
Only three afiidavits were made In sup
port of the application. They were by
Fred Prince, OF Boston; Thomas c.
Plat and Grant b. Selbey. respectively.
and they only state sufficient facts to
show that the road VAS In an insolvent
condition and utterly unable to meet It's
obligations falling due
Each OF these three gentlemen is a
director in the Company. and facts we're
stated to show hat they had a sub
stantial interest In the property.
Mr.. Boardman said that In all proba-
biilty no further proceedings would be
taken until Jan. 10, when argument would
be heard In this city before Judge Wal
lace for making the receivership perma-
nent.
An attachment for $500, 900 was obtained
Yesterday py the receiver of the Phlla-
delphIa ana Reading road against the
rolling stock OF the New England Com
pany. and was served in Hartford asst
night.
II was said that this was a move on
the part Of the friends Of Mr.. Mcleod to
embarrass the new receiver, but Mr..
Boardman said this morning that he did
not believe 1t would in any way affect
the situation.
The claims of the Philadelphia and
Reading, he stated. was for traffic bal
ances due, which are in the nature Of
preferred claims. and the attachment
would not help hat company any in the
end.
This proceeding had ben sometimes re-
sorted to in similar cases, but the ap-
pointment OF the receiver superseded the
authority OF those obtaining the attach
ment, and would not prevent the receiver
from operating the road.
w. 7. Hart was appointed temporary
receiver to-day by Judge Townsend. OF
Boston, His appointment was on the
same grounds as those advanced in the
case OF T, e Plat at Albany Yesterday.
1t is said that President Mcleod will
oppose any EFFORT TO secure a perma-
ncnt receiver,
II Il sun a question with many as to
whether Plat represents Mcleod or the
Prince-r,rwin continEen.. II was Nc
Lcol who busted the American Express
from the New England road in order to
give the business Of the latter 10 the
United States Express. or which Mr..
Plat is President. bat since then IL Is
rumorei these gentlemen rave agreed 10
disagree, and from this the Inference Is
drawn that Plat has an understanding
with the Prince interest.
II has been reported that the United
States Express Company holds 9O.GOO
shares of New England stock. Mr..
Plat says IL has nothing Ike this
AMOUNT, but II has some"
President Mcleod said last night: -
await the Riiidavits on which the le-
ceiVcr was appointed with considerable
interest, The road Is not insolvent. The
stockholders who engineered the scheme
worked SO secretly nat We were taken
completely Had the BOARD
Of Directors known of this matter, ! am
confident that they would have advanced
the capital necessary to put the road on
u hrm financial basis"