Waterbury evening Democrat., 1893-12-28
ATTAcHEo FoR saoo,ooo.
New England Rolling stock Tied Up in the East Hartford Yards-Another Re ceiver Appointed.

New England Rolling stock Tied Up in
 the East Hartford Yards-Another Re-
 ceiver Appointed.
 William T. Hart of Boston was ap- pointed receiver of the New England road for the Connecticut bondholders by Judge Townsend of the United States circuit court in New Haven last evening. The holders of the second mortgage bonds of the New England made preparations to take this step to protect themselves as soon as the news of the appointment of Re ceiver Platt arrived. The Consolidated road as we'll as stockholders of that road as individuals hold a large amount of the New England's second mortgage bonds, and it is believed the appointment of Di- rector Hart is directly due chiefly to their efforts.
 Sheriff Miles B. Preston placed an at tachment on the New England roads prop erty at East Hartford at 8 o'clock last night to the extent of $500, ,000 in favor of the Philadelphia < Reading road. The latter road brings the attachment to re- cover money loaned the New York < New England road and was precipitated by the appointment of receiver in New York yesterday.
 Twenty-eight engines and 261 cars were seized by the sheriffs. Passenger trains were not touched, but the freights were placed in the sheriff's keeping as fast as they came in, the train crews being ordered of.
 At the meeting of the stockholders of the road in New York yesterday President Me Leod made a statement concerning the condition of the road. He said he had come to the conclusion that the stock holders could not reasonably expect a re- turn upon their investment unless some way could be devised by which the road could be extended into the city of New York where it would be able to compete with the through traffic going to and fro from this great metropolis. In conclusion Mir Mcleod said: "I say to you emphati- cally, that have never interested myself in the securities of your company in any way except with the expectation of en- hancing their intrinsic value and thus in- directly the credit of your company" Upon the question of ratifying the lease, | los, ,750 shares were voted in favor of the lease and 6 .9S3 against it. The polls will be open again to-day, as it requires Ills, ,000 shares in the affirmative to ratify the lease. Representatives of the road went to Bos- ton to-day and presented petition to the United States court asking that William T. Hart be appointed receiver for the Massa- | chusetts property of the company. There | was no opposition and the appointment will without doubt be made.
 Attorney Perkins of Hartford is in New Haven to-day trying to have the attach ment removed from the roads rolling stock.
 Samuel Heilner. trading as Percy Heil. ner < Son, in the coal commission busi- ness in Philadelphia, has assigned 10 A. B, Weimer. MT Heilner is director of the New York & New England, and his failure is directly due to the downfall of that cor. | ha haipr, 1arsya hplIar of ifS curities. It is reported that Mir HeilneI lost between S30O, 900 and S325, ,O0O in New | England. He has been one of the direc tors of the road since last March.