Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1893-11-16
UNION PACIFIC.
Intentions Of tho G)vlr m mt Ro-
garding 10 O aims.
TWO MORE REC ..VlaS WlST4D.
High-Priced Experts who win See That
Everyone Gets Bone-Lawyers
Arranging the Pro-
gramme.

OMAHA. Neh., Nov 49, Gen. John c.
CJwin, who is ayel BY the depart.
mcnt OF justice 10 represent the United
States in the Union Pacific receiversh p
matter at this point, said that this
morning he would file petition in the
United States distr 1t court, ask ng for
the appointment Of two additional re-
ceivers. He would take all steps nee
sary 10 secure speedy adjustment
of the matter Ills instruction
from Washington were to do all
that he deemed necessary for
the protection of the peoples in
terest in the Union Pacific matter. 1t
was his opinion that no resistance to
the appointment OF the additional re-
ceivers would be made, and that Judge
Dundy would act promptly in the mat
ter.
5. ii. II. Clark, formerly president,
now one Of the receivers, returned from
the cast. lie absolutely refused to say
a word for publication.
General Solicitor Thurston reached
home yesterday morning at 10 o'clock
directly from New York and went on
to Denver to participate in the argu-
ment OF the case in which ex-Gov
Evans, of Colorado, is seeking TO secure
independent receivership for the Union
Pacific Denver & Gulf Co.
Mr.. Thurston said: "As the result OF
friendly negotiations between the Of
iicers OF the government and the parties
interested in the receivership of the
Union Pacific system, satisfactory
agreement has been reached under
which the government will file its pcti.
tion Monday morning in the United
States court In effect ratifying the re.
ceivership and asking for the appoi n t.
mcnt of two additional receivers.
The persons agreed upon are J. w.
| Doane, OF Chicago and +. r. Coudert,
of New York city, both of high stand
| ing and reputation throughout the
country.
"The entire personnel of the receiv.
ship, as thus constituted, furnishes
] abundant evidence that all persons in
terested in the stocks and securities of
all the different roads in the Union
Pacific system, incluiing the interests
OF the government, will be fully pro.
tected and fairly dealt with, and
/ NhS propcIblcS Will ue u tTdteu anu
administered in a reasonable and con
servative manner. This action looks
toward the reor ganization of the prop
critics in such manner as TO deal fair
| ly and justly with all bon lhold ,rs aud
In way to protect the best interests
of the government concerning its debt
Such reorganization could only be
effected by help of congressional legis-
lation, the details OF which have not
yet been considered.
"Similar action will be taken in all
the courts where receivers have been
appointed, and undou BITE lly within a
very few days all five of the receivers
will be prepared to act together.
IL am not prepared to IN Ike any OH
cial statement, but II has been the gen
eral understanding that Mr. : IL H.
Clark would continue to direct the
practical management and operation
of the lines ami that Mr.. Oliver w
Mink would continue to direct al ac
counting matters. The five receiver
will really act rs board of directori
OF the administrat on OF the properties
THE receivers have opened au ofiic,
at S0 Wall street, New York city
where Mr. L. Ellery Anderson will
probably remain during MOST of tn,
time. | think this action will fnall,
result in complete reorganization o
the entire system in such manner a,
to deal fairly with all the bond holder
and with the government"