Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-12-30
SUIT AGAINST THE DENVER.
xSswn FACTS ABOUT THE FIRES
Exr LITIGATION.
rho Attorneys for the Fort Worth
and p.nvsr CITY Railway Company
Make ststements--Ne Astreh On
the Prsssnt Recsfvers.

The suit nied by the Mercantile Trust
company In the Forty-eighth district
court Friday against the Fort WORT,
and Denver City railway company anu
the Central Trust company for iore-
closure OF mortgage bonds issued by the
company, and payable In 1891. has peen
an npparently interesting but misunder-
stood suit.
The bondhoIders of this road filed suit
some tme ago In the district court. and
asked that receiver be appointed ana
Judge Greene appointed Mr.. Morgan
Jones and Mr.. ]. d. Moore as receivers
aud the Fort Worth and Denver CITY
Is now controlled and operated by them
under orders from the district court.
A representative of the Gazette In
Reviewed Mr.. Stanley, Of tine nrm OF
STANLEY, spoonts & Meek, who are the
attorneys for tho Fort Worth and Dem
yer City railway company. and he SAID
"At the Instance OF the bondholders
suit was filed in the district court pc
fore Judge Green entitled the Union
Pacific. Gulf ind Denver railway conf
pany ct al. Va. the Fort Worth ana Den
yer city railway company ct al. asking
that receiver I've appointed, Where
upon the court appointed Morsan Jones
and ]. ID. Moore receivers for the bOrt
worth and Denver city railway COM
pany, the Fort Worth and Denver Ier-
Tninnl company and the Panhandle rall-
way company. The receivers appointed
took charge OF the roads and nave been
operating same under the direction OF
she court.
"The plaintiffs IN this suit for re-
ceiyership did not comprise all lien
holding creditors OF tho roads named,
but was brought for the benefit Of all
creditors who choose TO make them
selves parties to the suit,
This new suit by the Mercantile Trust
company Is simply an application on
their part to have their lcln considered
and protected by the court so as to en-
title them TO share In the revenues
and proceeds OF tho property. Tho
Mercantile Trust company in this new
nuit ask FOR no change in the receiver
ship
''rhis new suit by the Mercantile
trust company Is an Implication on
The various creditors will be paid ec-
eording to the priority OF their liens
and claims, after the receivers ex-
penses of operating the road are PAID
The FIRST rails OF the Fort Worth and
Denver City railroad were laid on tho
22d OF February, 1852. and from that
date until July "a OF the same year
work on the road continued, and In n
abort time tho road was completed as
far Ms wichita Falls. This point was
the terminus Of the road until 1885,
when the construction and extension OF
the road was continued MS tar ms Tex
line. In 1883 the road was completed
and made direct connections with the
Denver, Texas and Fort Worth syatem.
and with tho Denver, Texas and Gulf
railway, making a short aud direct line
10 New Mexico and the Northwest.
This railroad traveraes some of the
finest properties IN Texas, Colorado and
New Mexico and Is one OF tho popular
limos OF the country today.
The branch known as tho Panhandle,
which connects the Fort Worth and
Denver City railroad with the Southern
1iansaa --.Ilroad at Panhandle city
was completed In 1854 and made an.
other connecting link In the new chain
The promoters and builders OF the Fort
Worth and Denver city railroad. who
FIRST conceived the idea OF building tho
road was Morgan Jones and General
G, NJ Dodge. and the success of the en-
terprisc is due mainly to their push and
energy. This road goes through som,
of our richest counties and has caused
many thousands Of dollars to com,
Into the Golfers OF Fort Worth traders
The Fort Worth and Denver Cts
railroad runs through Montague, wlchi
"a. Clay and HRrdemau counties, which
are known TO the commercial world as
among the richest valleys and lands II
Texas.
The suit flied by the Mercantile truss
company will receive due attention, ant
will hc settled TO the advantage ant
satisfactlon OF all parties interested
therein. McssrH. Morgan Jones, Franz
'rurnhuli and General g. NJ, Dodge
prominent officials OF the road, left tn,
rity Friday night for Eddy New Mexi
90, and other WeHtern points.