The Corvallis gazette. [volume] (Corvallis, Or.) 1862-1899, 1895-10-17
oRReoN PACIFIC c1A1ms.

Referee A. c. Woodcock, recently ap
pointed to pass upon claims in the Oregcr
Pacific matter, convened his court Mon
day afternoon at the court house. Severa
claimants were present and asked fol
further time in which to file claims an6
to accommodate such an extension wa:
given until Monday next at O'Clock p
M During the interim claims can be
filed with the referees stenographer, NJ.
o. Wilkins, at the court house. Re
ceiver T. E. Hogg has filed his report.
1t is volumnous statement and shows
an indebtedness incurred under his I'd.
ninistration, from October 2e, 1890, to
March S, 1898, of S., I,o5s, ,S33. so. OF tbs
sum S127,S4I.44 is due on pay rolls, tin
checks, ETC., $o3,4o2. 80 on vouchers and
other accounts and $S6S, 5Se, 81 on out,
standing receivers certificates, loans, etc.
Receiver E. w. Hadley filed a state
accrued under his receivership, amount
ing to S64. .oS3. 2S, and for further infer
nation regarding his stewardship refer
ence is had to his final report as receiver,
which was filed Jan. "a, 1894. During
the Hadley administration $4,000 tf
receivers certificates were disposed of
and the money derived from their sale
was exhausted in paying 46 per cent.
dividend on labor claims that accrued
under the Hogg regime. $751; leo Ill
receivers certificates were also issued by
MIR. Hadley to pay for insurance placed
upon the property soon after he assumed
control.
All told the claims thus far filed aggrt
gate about 81, 100000 and includes S47,-
o21.S2 for taxes as follows: Benton
county, SIG, ,466.o5; Lincoln county, $2o,-
554 IL; Marion county, $7,o4o.e7.
AS the matter stands the figures appear
to pan out now, before the referee takes
hold and hears argument, about as follow. :
There is the purchase money of 100000
to deal with. The former referee, ]. w.
Whalley, has had $4,000. The present
referees salary, $1,000, and actual costs
of sheriff. $I,565, together with other
necessary expenses, say $I,435, to bring
even figures, makes total of $1,000, re-
ducing the 500, 900 to $92,o 600
First the sums improperly drawn
against the $4,000 paid in by Col. Hogg
ON the Job purchase. which deposit was a
court trust fund, must be credited back
e SC tr
$50, 900 to be disbursed.
Then there are the claims of VIM. b :.
Hoag and Wallis Nash for services
amounting to Sc, 1850, upon which is
due 46 per cent, to make them even with
the other employees under the courts or.
ders. The amount of such dividend
would be $s,III.I6, leaving only SS2,-
S5S 81.
Then claims to rank in preference on
this find are about as follows: Receivers
remuneration, $2I 900; labor and ma
terial claims, $IeS,ooo; lawyers costs,
S63,5oo; taxes, $6o,ooo; rents unpaid,
$4,000; total, S34S,5oo.
This is exclusive of receivers certif-
Gates issued i'll the neighborllool Of
of $4,000 by Receiver Hogg, and GER
issued by Receiver Hallty
Claiming to be first and prior charge #
which $40 900 was to pay 4o per cent. TO
the employees and SIS, 100 for insurance.
If the taxes and the law costs come in
first there will be nothing for anyone
else. If the certificates come in to claim
ahead of the labor and material creditors
there will be nothing for anyone If
claims are all thrown together the divi-
dend will be about per cent. If the
are put In behind the labor
and material claims and the costs and
receivers remuneration and expenses
there may be 20 per cent. for the labor
and material creditors. These figures,
of course, are only approximately cor
rect.
1t is evident that to discuss whether
s85o,ooo of certificates should be reduced
by $780, 900, or even 100000 is loves
labor lost" Nothing can be gained by
any such discussion.