New-York tribune., 1893-12-24

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,,,.r,u ROCK. AKH.. on THE APPLICATION
mr. xrw.yoKk TRUST COMPANIEs-A
.uRrIEp TRIP FROM ST. LOUIS TO
LITTLE EocK-rHE GREAT
SYSTEM NAY BE DIS
MEMBERED.
,.,o pocl Dec 23-La,e this afternoon Judge
-. = Caldwell in chambers. appointed
Ioaenh ". Reinhart. John j. McCook ana Joseph
- Wilson receivers of the Atchison. Topeka ana
Santa Fe system
A., o'clock this afternoon special train con-
s,s,,re Of a private coach and one baggage
oer which left ST. Louis on forced run a' :
o.c,ock this morning rolled into the Union Depot
7, contained a party Of twelve or hl'eeh me"
renresenting the Union Trust Company VI Wv"
York the Mercantile Trust Company OF New"
-, o,d the attorneys of the Atchson, Topeka
ond Santa Fe Railway Company lmmeuia'eN
on the arrival of the train IN TINS Guy ''e
passengers took carriages ana hurIleu " 'iio
1-ni,ed States Court building, where al o clo'h
+nev met Judge Henry C. CaldweN, OF the His"'"
District United States Circuit court WIZ ~
ao'rad ,,em at chambers. A bill was then pre-
-, ,,,.,ro for receivers to take charge
=, nronertIes of the Santa Fe system. The party
hrOn
VOTED States Court of Kansas at Topeka Win
80, ,ha naners were filed, the Atchison
rr.o,o and Santa Fe Railway Company beng
,,sas cornoration Judge Rossington OF Kos
.noton smith and Dallas. Of Topeka rep
no,,,ng the Union Trust Company; Juuse
George r. Peck the general solicitor ol '''e
santa Fe system: Judge +. d kenna' gene a.
.o,,c,,or OF the ST. Louis and san Francesca nan
.ov. Mr. Alexander, Of Alexander q 1reeii' ->'"
york attorneys and Major Morrill, Nice-presiue"'
~ the San Francisco road, were a"io"s .'V
nrasent The visitors were receiver oeii"" ~ "
=. O'clock and were with the circuit
I,,daa from, that hour up to $50 p. m. whe'i II
Nos renorted that the application h"u
rrantad and that the three receivers "o"'u ~
onno,nted This, however, was not comm iiie' VIZ
,u s.3o this afternoon when George H. en-
w., " .o,,,,,or NJ the Santa Fe system authorzeo
the statement that Judge Calo"eil hau GO
~ h,,s on behalf Of the Mercantile Trust Com
nany and the Union Trust CoHpan'' a,roo
- -. mart Of the ST. Louis and san frahc'soo
"" NV r,.-,,.rv and the latter for the At
-, roneka and Santa Fe. and that aithoush
the bill had not yet pee" ''e"
would be appointed , .,o 70
-. are In substance as follows Owo oroers
t.,ng necessary, one for the Santa re a''O '''
other for the San Francisco)' .- r,s.
In,ed States Circuit Court Of the Disric
trict OF Missouri IN the 6mpany' trustee ST.
! Inc nv,s and San Francisco Railway Co''pa"''
r,. other order is similar TO this with 'he
-. cola except that II says that IL 10 t''e
J-non Trust Company against the AtchiSo'i'
neka,and Santa Fe Railway COMPANY
order continues as follows:
Now on the 2sd day OF December lSSs aed {ne eVl in
panant the Mercantile Hn Tans1 trust Tepcso pcompany BY
aexsnder Green It's solicitors ana Cnass Cdeaensan
q sOS eOSps ssh fqa alsS Sin
tne e r, Kenna lis solicitor, and g. X Feck, ie
gel On the un9n 9ossInsto I5nst and the BY Peck
ey eya thsreupon the bin of complaint exhl9d
adav company ann came on for hearing the app'iea
ton Of the Mercantile Trust COMPANY d ynpcation
ressteS by the defendant railway and
and The same HAVING eeen and the court having been
fully advised the premises; ;bn, a. j Joseph " Rhen
Sered' 1hg McCook and Joseph c. Wilson be ana ana
they are hereby appointed receivers o az az ab sad
e. louis E and San Francisco Railway COMPANY an.
OF the personal estate sy s,dings here follows
full description of the property OF ,hnv tne are beeby
and that the SAID reseyeTs rs ne take a"G immediate
sion Of all and singular the railroad am Iun manage
described and referred Tasv TO- ana and 80 such other ra
roads as said defendant railway hoidsi anu ad % com
cute the AUTHORITY ana its
"a further ordered that each OF said a fo
sooo. E5jSn '"s "'A'
The order contains an injunction requiring the
-,.a ~ no turned over to the receivers. run
A,r.o.,onc ore given the receivers TO employ ana
discharge agents and employees and to bring suiis
era have authority over the moneys that come
into their hands to pay expenses Tor opera'ins
~. rronertv amounts due for operating roacs
and for track service. car mileage ana 'aHeS'
II is proyided that the order Is maze upo" t"e
EXPRESS condition that all legai oeD's "o" NV
s h,ch were contracted in the operation OF
the road and including damages ana money anu
work furnished and done in the CONSTRUCTIVE
na,r and equipment Of the road snail De d III %
lien on the property. including al na"'''''
persons or corporations VINO may De'o"0
o., tho company or indorse or guarantee Tor IT,
49, .noa,,ers are required TO pay judgments
which are found against them when not appea'.u
a.. rd all navments Of the receivers are "
- .',a,,aa and allowed by the receivers so 'ha'
,hav read not come into the court OH e''i'
occasion. -, .o,, con.
rba uan so created for such claims shan co''
t,nua unit, vacated by an order OF the Oo"i o'
notice n the persons Interested Inc oo'"p
ants arc required TO prosecute the sui " .u
decree without delay otherwise the |'u' W."
discharge the receivers s,nn,e.
Judge Caldwell said to-night tha' . =
noentary bill would probably DC hieu -,
at ropeka. the object Of when VIII ",
eral foreclosure. In his opinion ''e .d
which had been absorbed by the ro"I
brought the system into its presen. oa"Hnar ,aa,r
condition. 1t taking the earnings Oh 'ne .,',
line to keep up the branches. The rece''e' sun
will result in cutting off the branches
George r peck. general solicitor Of the santa
Fe system. sad THE bills in both cases snomv.
that the lines were heavily involved WIN ma
ing obligations coming on soon ana 'ha' '"e -"
terest due January l could not De pau a..
would be defauited. In both cases con'p'a''' 1,,,
went elaboratcly into figures and were very -N'
and vo,uminous The first mortgage JULIUS "