Evening journal., 1894-01-16
GUARD THE RETURNS"
General Wilson a Receiver of
the L. E. & St. L. c. Railroad.
BOND FOB TWENTY FIVE THOUSAND

He Was One of the Men who Asked
Judge Woods to Throw the Consoii-
dated system Into Receivers Hands.
The Roadbed and Equipment wn BE
Put In Good Condition.
General James Il. Wilson, late chair
man Of the Republican State Central
Committee, is in the West. he having
been appointed by Judge Woods, of the
United States Circuit Court at Indian
apolis, one Of the receivers of the Louis
Vile, Evansville and st. Louis Consoli.
dated Railroad
His associate is E. o. Hopkins. The
stockholders who made application for a
receiver were Thomas Barrett and
General Wilson, on behalf OF the
creditors and stockholders.
The main line Of the road extends from
Louisville to st Louis, 273 miles, but the
line has 800 miles of track. d. ]. Mackey,
of Evansville, was the head of the syn
dicate which has recently controlled 1t.
In their application the complainants
averred that the funded debt, which is
in mortgage bonds upon the railroad
property is $40 900, 600; that there is a
| floating debt of 5000 900, Of which
| $500, 600 is past due, that the
pay-rolls for the months OF No
vember and December have not been
paid, and that the interest on the
| bonded debt, falling due January l, has
not been paid This interest, 1t Is
alleged, amounts to S132, 600 1t is also
alleged that the company Is unable tG
pay it's operating expenses; that III
securities have been pledged fol
temporary loans at greatly de-
preciated value and that their value Al
assets Of the road is mensced by the
probability Of their sale in default OF TAX
ing up the temporary loan.
The railroad company, In an answer
which Is signed by f o. Hopkins, vice
president of the road, admits all the allie
cations Of the complainants.
Judge Woods fixed the bond of eacl
of the receivers at $25, 900 and instructed
them to operate the road without inter
ruption. Mr.. Hopkins is vice-presiden
and manager and General Wilson secre-
tary aud treasurer of the consolidate
roads
On January IL General Wilson was IL
Louisville, Ky, making an inspection
of the property and comforting wit
those who have interests in the road.
is announced by the receivers that the
, intend 70 begin work by putting tn
J roadbed and equipment in good condi
, tion. The Louisville holders Of Al
Line and Rockport bonds held meetin
/ and conferred with General Wilson col
! | cerning their interests.
In reference to the general Loui
r VILE paDer contains the following
General Wilson is well-knOwn
Louisville, where he has many friend
- He was co-receiver with st. John Boyl
y Of the road running from St Louis
/, Nashville, which was later acquired
=. the Louisville and Nashville. MessrI
q Wilson and Boyle held this trust fro
s 1874 to 1880 General Wilson is natl
of Kentucky, being born ne
Shawneetown. He now resides
Wilmington, Del. Next TO GeneI
Sheridan, General Wilson was {
greatest cavalry officer Of the FEEDER
% army He led the celebrated expedite
l. from Vicksburg that swept across q
South and captured jefferson Dsvi
{ General Wilson and Charles A. Dal
,. Jointly wrote life Of General Graz
n General Wilson is 8 civil engineer, Al
?. was chief engineer Of the Manhstt'
= Elevated roads, of New York, while tn
It were building.