The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-11-06
THE RECEIVERS ACCOUNTS.
They Are Approved by the Master but
Bill of Exceptions Was Filed.


The reports of master in chancery Mr..
George W. Owens. with regard to the &C
counts of the receivers of the Central rail-
road, and several other papers of inter
est in connection with the Central rail
road litigation were filed in the United
States court yesterday.
First was the report on the accounts of
Receiver Conner from March 4, 1892, to
Dec 81, 1888, the time at which the ap-
pointment OF CO-Receiver Hayes went
into effect. During that time the mas
ter reported that Receiver Conner received
$50, 1885, 74, which he said had been prop
erly disbursed by him during that period.
Tho accounts, the master states, are true
and correct, and are kept in compliance
with the order of the court made in the
premises
He also reports that Receivers Conner
and Hayes from Jan. 1, 1884, to Aug. 81,
1894 received in cash $5,267, 06672, and had
on hand Sept. l, $3.50 1l1.29. These &C
counts he also stated, were in full COM
pliance with the order of the court
in the premises.
a bill OF exceptions to the accounts of
Receiver Conner for the period from March
4, 1892, to Dec. 81, 1893 was filed for the
Farmers Loan and Trust Company
through Messrs. Mercer & Mercer, their
attorneys here The bill objects to the
mode Of keeping the accounts, which 1t
states is incorrect in that the moneys
from the different lines and properties
are not properly separated. 1t states that
the accounts do not exhibit the earnings
and profits according to mileage, and do
not show the accurate earnings of any
road or section embraced in ,.le system
1t charges further that the statement of
the accounts as rendered does not COM
ply with the order of the circuit justice,
Howell e. Jackson, who directed that
-srr ell
their acts and doings In connection with
the property.
Among the other papers were the re-
Spouse Of Receiver Conner to the order of
Justice Jackson with regard to the ac-
counts and the objection of the South
western railroad in the receivers ac-
counts on the ground that the payments
of rental to the Southwestern have not
been properly made.
A motion on the part of the Augusta
and Savannah railroad was filed through
Mr. Frank II. Miller that the net income
from operations of that road for June,
1888, or the proper share of the rental for
that month amounting to S. 0S3.33, under
the order Of the court passed about that
time which required that the Central
pay the rental due this road under the
lease when it was earned.
The Southwestern railroad objected
through its attorney, Mr. F, II. Miller, to
tlAG ttSNliuOllN VI MI w l.. IodSlSN, gen
eral agent of the Central, with re-
gard to the receivers accounts in con-
nection with that road. A motion was
filed that this testimony be stricken out
as irrelevant and inadmissable, as the
excess Of earnings from July l,
1893 to June l. 1884, over the
amount of the rental of that road
under the lease had passed to the credit
of the receivers instead of to the South
western Railroad Company especially as
the income from Jan. /, 1894,
to July ], 1894, was less than
the sum due under the lease, and the or
der of court on this point meant the
payment to the company of the net in
come due from year to year and not for
period of six months.
The only other paper filed was a print
( ed report of the testimony taken at the
hearings held for the purpose Of proving
/ the receivers accounts before the mas
/ ter.