The times. [volume] (Richmond, Va.) 1890-1903, 1893-05-27
THE LEGAL QUESTIONS
INVOLYED IN THE CENTRAL RAIL
ROAD LITIGATION.
Justice jackson Announces That He VIII
Finally Pass to the Decree of sale on
June 26th-The Reccivership.

ATLANTA, GA, May 26-1n the Cen
trail railroad cases before the United
States Court this morning Justice Jack
son announced to the counsel that the
Court intended to be as speedy as possible
in hearing and determining all the aues-
tions involved I'm this litigation. needful
to be determined before a decree can be
reached. Courts" said he, "are not de-
signed to administer railroad properties
and IT is the policy TO wind up all conten-
tions concerning them speedily and Tor
the best interests Of all concerned lie
wished TO hear and decide all questions OF
law pending I'm all the cases. ana let
decree be reached which would send the
property to sale with a clean title lheh
on any other matters between claimants
they could be adjusted in the division
of the proceeds.
a prolonged colloquy occurred as to the
state Of the pleadings, and II was hnally
agreed that IT would take thirty days 70
perfect pleadngs for n general nearing,
and Justice Jackson said the Court Woulu
hear preliminary motions To-Day ana
consolidate all the actions and hear every
issue of law and fact in Macon thirty
and sale of the property for the beneht OF
ali the parties before the court.
on a query put by the Justice % MIR.
Crawford. representing the Richmond
Terminal he opposed the consolidation
Of the causes. and moved rather hat a
rermanent receiver be appointed IN the
Rowena Clark case in which the court
has urdoubted jurisdiction. something
must be done to save the interests under
living the tripartite bonds. or the lst or
July will be n day Of fate 70 all OF them'
He asked that those claims then 70 ma
tlre be postponed or that the junior Sc
curity holders be allowed TO take them up
or furnish the money to new receiver 10
pay them. The discussion was contihIed
over the question OF consolidation.
In the further proceedings the Justice
announced that he would only hear AT
this time the dependent legal questions
that needed TO be determined prior 10
final decree. and would consolidate the
whole litigation and pass finally TO de-
cree Of sale on June 26th, at Macon "a
In the meantime the pleadings must DE
perfected to that end.
Mr.. Crawford, for the Richmond Ier-
minaI. objected to the consolidation OF
the cases. and said he expected TO attack
the propositon of the roads insolvency
and snow llldl us NDiAiAA'h Nt'' N''~
to the mismanagement OF Receiver Co-
mcr. and his connection with the Holllns
scheme to force the road to a reorganl-
zatIon. Justice Jackson insisted that the
court leaving the road in its possession
20 administer upon 1t, the cases should be
consolidated and the whole matter brought
to a fnal and equitable solution.
Mr.. King, for Alexander Brown * son
and Simon Borg 4 Co, attacked the ad-
,ninistration of Receiver Conner vig0r-
ouslv for mlsmanagement and cited nu-
srnerot,s matters of that character which
M proposed TO prove. and he moved TO
have him relieved and new receiver
appointed.
At this point the question shifted TO the
demurrer fled by the original complain
ant. Rowena Clark. 10 the right OF Brown
4, Son ct ais, TO come into court In the
present status and make the motion
pending. -.
Justice Jackson set the hearing of the
demurrer for tomorrow morning. The
proceedings then Will determine whether
Brown q Sons case Is good. II not, the
litigation will proceed on the foundatloh
Of the Clark bill, and the stay OF FORE
closure will be refused and the Brown
Richmond Terminal action fail d It's pur-
nose. II Conner is retained the Hol-
Inns plan will so through, and,
IL another receiver is appointed,
A. will be free fight at the
sale and an ensuing scramble between
creditors for the distribution OF the pro-
ceeds. The court adjourned until IL a. NJ.
tO-mOrrOW