The Providence news. (Providence [R.I.]) 1891-1906, 1893-12-29
THE PROCEEDINGS IN COURT
Details In Regard to the Appointment of
tho Three Receivers.
Special TO The News.

tho Three Receivers.
Special to The News.
Boston, Dec. 29.--In the United States
circuit court, at 10 O'Clock this forenoon,
before Judge Colt, arguments were re-
sumed on the application for the appoint
ment of temporary receivers for the New
York and New England Railroad
company in Massachusetts, and
Rhode Island. The different
interests were represented by
w. G. Loring and A. A. Strout Of Boston,
c. f. Perkins of Hartford and Mr.. Platt
of Boardman &Platt Of New York.
The proceedings were opened by Mr..
Perkins, who desired the court to ap-
point William #. Hart. Mr.. Perkins said
Mr.. Hart had already about all the road
except what was in Massachusetts,. "Mr.
Hart's appointment" said Mr.. Perkins,
s'would be best because there would be
one head at the point where all questions
arise; and, too, head that can devote all
his time toI the duties of the place. Mr..
Hart is an old railroad man he knows all
about the business of the company.
Mr.. Loring said: "The second mort
gage bondholders felt that it was neces-
sary to act as they have, because they
deemed it probable that unless receiver
was appointed in Connecticut attachments
might be made and the property irrepara-
bly, injured. Our bill is the only one ever
filed in Connecticut for auxiliary receivers,
and our action has resulted, we believe, in
protecting the property"
Mr.. Platt read to the court the order of
the New York court appointing T. c.
PIatt, and read bill filed in the Massa-
chusetts court this morning asking that
Mr.. Platt be also appointed receiver for the
road in Massachusetts,.
Mr.. Platt caused something OF sensa-
tion by reading telegram sent by Re-
ceiver Platt and handed to counsel in
court.
Counsel said. 81 had the receiver send
to Judge Wallace and this is the reply"
Copy Of Telsgram)
New York, Dec. 20.
r. II. Plat, United States court Boston:
Judge Wallace authorizes me to say that after he
had appointed me receiver on the New England
road he was called up on telephone by Judge Town
send and asked whether he had any objections 10
the appointment of MrIIart receiver in Connecti-
cut. He answered that he saw necessity for the
appointment CT any other receiver than me Ihaving
already been appointed and that 70 Judge Town
send appointed any one else he must do so on his
own responsibility. (sisned)
THOMAS C. PLATT.
Counsel denied that Mr.. Platt had
been appointed in the interests OF Mr..
Mcleod or any particular party.
A. A. Strout said what is desired is
unanimity and harmony OF action. There
n no disposition 10 attack Mr. Hart per-
sonnlly-his ability and integrity are un-
questioned; but neither can the ability of
Mr.. Platt be questioned. Mr.. Platt has
already entered upon the duties of his of
fee; viii preserve the property and intro
duce no revolutionary practices. There
Is no necessity for setting aside the long
usagcs OF the court by appointing any
other man receiver than the person ap-
pointed by Judge Wallace, who acted with
deliberation after giving a hearing, ex-
parte, TO be sure, but one that developed
he facts in the case; Mr.. Platt
is the tondholdors' receiver as much
as he Is receiver for holders OF
stock. Judge Wallace Is the circuit
Judge OF the district, including Connecti-
cut, while Judge Townsend, who ap-
pointed Mr.. Hart, IL district Judge,
whose actions may be reviewed by the cir