The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-12-24
THE SCHEME FAILED.
No Receiver Appointed for the Chesn-
peniSe, Ohio a. SOuthvestcrn.

penICe, Ohio AZ SOuthwestcrn
LOUISVILLE, Ky. Dec. 23.-The plan to
get a receiver appointed for the Chesapeake
Ohio & Southwestern railway, at Nashville.
yesterday, fell through General Echols.
with several other gentlemen, made flying
trip TO Nashville, as they stated to look
after the grain trade. The suspicious OF the
attorneys for the commonwealth were
aroused. and they telegraphed Judge Lur-
ton, at Nashville, that should application
be made for receiver they desired to be
heard. The scheme was to have General
Echols appointed receiver of the c., o. &
S. w. The object of Huntington, the Illi-
nois Central and the Louisville & Nash
vile. it is stated, is 10 have the c., o. &
s. w. railway sold under foreclosure In
the United States Court, when the two
roads will buy it up and divide it as best
suits their interests. The appointment of
receiver is the first step in that direction
Judge LurtOn refused TO appoint a receiver
until the State of Kentucky could be heard.
He continued the case until next Thursday,
when it will be heard at Clarksvile, Tenn.
other business Troubles.
TOPEKA, Kan. Dec. Estate Bank
Commissioner Breidenthal has taken pos
session Of the Bank of GreensburE, Kiowa
county. 1t is a bad failure Its assets are
said TO be $4,000, but only Sl1, 900 is in cash,
the remainder being real estate and paper
out OF which 90 cents on the dollar will not
be realized. The liabilities are $5ZUOU, S50,O
OF which is due Kiowa county. The con-
Germ was organized in 1876, with a capital
of $l65OO, which was Immediately invested
in bank building and fixtures with s4OOO
or the depositors' money.
LUDDINGTON, Mich. Dec 23-Judge
JUdkinS has ordered the DISCHARGE of f E
Gary, who was appointed receiver of the
Mendelson Manufacturing Company a few
weeks ago. The court held that the COM
plaint against the company did not contain
evidence sufficient to warrant the appoint
ment of q receiver. The affairs of the COM
pany are now entirely in the charge of its
officers, with ". u. MendelsOn, OF Milwau-
kee, as president.
NASHVILLE, Tenn, Dec. 23-The spe-
cial assignment of j. H. Riley. filed vester-
day, was attacked to-day by the American
Nauonal Bank, upon the ground that the
assignment is a general one, in that the
deed Of assignment does not follow the law
provided for the execution of special assign-
ments. The bill filed asks for an attach
ment upon the goods in the stores In this
city, Chattanooga and Jackson, Tenn.
GLOUCESTER CITY, y. j.. Dec. 23-
The effects OF the National Bank of this
city were sold by the receiver to-day. Sc
curities, the face value OF which was S1O0.-
OyO, brought less than $500. The ratio was
about z mills on the dollar. judgment
OF $500 against c. l.; Work, the president
or the bank, sold for $l0l
PITTSBURG, Dec 23-Judgments aepra-
eating 100000 were entered to-day against
FleiShman X Co, one OF the largest d-v-
goods and notion firms in the city. No ex-
ecutiOns have been issued. and the house
was open usual to-day. The firm NAV
make an assignment for the benefit of
creditors.
NEW YORK, Dec. 23.-Schedules in the
assignment OF Wilson. Godfrey a Co, the
lumber firm. To Elberton r. Chairman
filed in the Court OF Common Pleas, to-
day, show contingent liabilities $3.50 l9S and
direct liabilities $li2.3s9; nominal assets
$l29 OS6. ana actual assets $94,3S9.
NEW YORK, Dec. 23.-Judgments aggre-
eating s53.5Oi were entered in the county
clerks office to-day against Henry c. AL
bert, OF the firm OF Albert, Haager & Co,
lace dealers, in favor OF Nicholas Albert
and John N. Crusius.