The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-05-10
JUST ONE WEEK MORE
All Iron Hall Claims Must Be
Ready by May IL.
New York Members Likely to Be Shut
Out, Judge Winters Having Refused
to Extend the Time.

1t is highly probable that New York
members of the Iron Hall will be shut out
Of the general distribution of the funds.
The dilatory action of the Superior Courts
in disposing of the $500. 600 of fund in that
State has been the means of delaying a
settlement, and unless something definite
is accomplished within the next few days
the New York branches will be compelled
to settle their own litigation. A score or
more attorneys representing claims against
the Supreme Sitting and interested in the
winding up of Iron Hall affairs appeared
In Room /, Superior Court, yesterday, and
were instructed by Judge Winters to be
ready with their claims on May II. The
court announced that unless attorneys were
promptly ON hand to prosecute their claims
they would be dismissed, n If the rep
resentatives were not in court when their
cases were called the claims would go by
default. Judge Winters desires that all
claims be filed by May 16, in order that he
may know the maximum number of people
who are to share in the fund and the exact
amount of the fund to be distributed. 1t
was his intention, he said, to speedily wind
up the Iron Hall receivership and the final
distribution Of the funds among the mem
bers who are entitled to the money. The
attorneys present who represented Iron
Hall claims were c. f. Dickey, Charles
Martindale. Lucius b. Swift. William II.
Payne, James Z. Franklin, A. w. Wishard.
Hawkin & Smith, Butler. Snow & Butler.
John b. Elan. Finch e. Finch, L. w. Har-
vey. Joshua Florea, Morris, Newburger &
Curtis. Beckett & Doan and Harold Tay-
lor for Receiver Failey.
Messrs. 7. F. Armes and G.. F. Miller,
attorneys of Binghamton; New York. were
closeted with Judge Winters and Receiver
Failey later in the day. The New York
attorneys represent the Binghamton Trust
Company, the New York receiver Of the
Iron Hall, and We're here to ask for an ex-
tension of time In which TO transfer the
New York funds to Receiver Failey. 1t
was insisted that 1t would be impossible
to get the New York affairs into an adj
Unstable shape by May IL, and make the
transfer in accordance with the decision
Winters heard the petition of the New York
gentlemen and then Informed them that he
would expect their funds to be in the hands
Of Receiver Failey by the 18th inst. He
told them they had enjoyed ample time
in which to have arranged for the distribu-
ton of the New York money and he did
not propose to grant a continuance. 1t is
understood by the local Iron Hall officials
that New. York cannot participate in the
pertaining to the branches In that State
are In an unsettled condition, with no pros
pect of an adjustment The New York
court has already issued an order TO the
effect that those branches which desire may
send their money to Receiver Failey, but
it is hardly likely that the branches will
take advantage OF the privilege. 1t is pos
sible, however. that the New York reserve
fund, amounting to 100000, may be sent
here. The attorneys for Receiver Failey
were informed yesterday that the Superior
Court of Massachusetts had entered a de-
cree, authorizing the receiver TO forward
his funds, amounting TO $2SO,VO, to Indian
aDOliS.