St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-01-31
PROCEEDINGS REGULAR.
Judge Grosscup Talks Regarding
appointment OF Receivers.

Judge Grosscup Talks Regarding
Appointment OF Receivers.
Replying to the criticism of his pro-
cee,Ings in the appointment of receiv-
ers for the whisky trust, Judge Gross
cup said in an Interview today that the
matter was conducted in regular FORM
Both factions Of the concern. he said.
were represented al the hearing. There
was no attempt at suppressing the pro-
credinEs. Judge GTOsScup declared as
the papers were Oh file in regular form
all day Tuesday, and could have been
seen by any one who desired.
rs it not unusual for an application
of this kind to Ge made out OF cOurt?''
No; it is done every day. This was
proceeding brought by the stockho
ers of the whisky trust. and both sides
were represented. Runnells and BURY
appeared for the stockholders, and John
5. Stevens, OF Peoria, attorney for the
DIstiiling and Cattle Feeding CON pany.
appeared for Tie defendant corporation.
and consented to the appointment of
the receivers"
Are receivers appointed as matter
of course OH such an application if the
corporation cOnsenls?'
Yes, provided the bill presented
makes out case for the appointment
of receivers. In This matter there was
no question. The company was shown
to be hopelesSIy inSolvent with its as
sets scattered ali over the country, and
that serious loss to the stockholders
would ensue if the property were not
placed in the custody of the court. A
United States court was selected in
stead of state court because OF the fact
that the property of the trust is scat
tered all over the country"
Nv h0 suggested The names of Mr.
Lawrence and President Greenhuf?"
The stockholders proposed Mr.Law~
renee. l have known Mr.. Lawrence a
long time. and know him to be man
of character, ability ana integrity, and
so l appointed HIM. 1t is necessary al
WAYS 10 have a man WHO is familiar
with the business affairs of the corpora
ton as one Of The receivers. The other
side suggested Mr.. Greenhut. and
named him. il has since been intimat-
ed that motion would be made for Mr..
Greenhuts removal as a receiver. If it
can be shown that he is in any way re-
spOnslDle for the acknowledgement OF the
trust. Of course lie will be removed. 1t
has also been stated since that Mr..
Lawrence is fellow director with Mel
son Norris III some corporation. "
Yes. in the First National bank"
"0h, that is ii, is il?' Then the point
is Of no consequence. The steps taken
are merely the beginning Of the pro-
ceedngs If other parties in interest
have anything to complain Of they can
come III OH petition To have the recelY-
ers removed and new ones appointed.
or they may take any other proceeding
to conserve their rights. The appoint
ment or the receivers IS-the first SIep in
the law suit.
The reason the application for the
appointment of a receiver was made at
my house." continued Judge GruSscup.
Twas due to this circumstance: Mon
day Mr.. BURY came TO me Just after
court had adjourned for neon recess
and asked lie 10 hear an application for
appointment Of a receiver. lie did NOT
say it was the WHISKY trust. and l did
not know what company it was. / did
not want 10 hear il. as MY mlhd was full
OF the Debs trial now on, and told
Mr. BURY 10 apply to Judge Seaman.
He told me judge Seaman could not
hear L., and finally made an appoint
ment with Mir. BURY at my chambers
Tor 4:30. Just after adjournment of
court. Court adjourned at APO and |
forget ali about my appointment and
pat on my coat and went home. | took
my usual horseback ride, and when [
returned 10 my home found the gentle.
men there. Ahere they mad followed
me-"
The bill for the appointment of receiy-
ers and the order OF Judge Grosscup
naming MIR. Lawrence and President
Grernhut lay in the Office of Clerk Burn
ham, OF The United States circuit court.
i'll the Momadnuck block, from o'clock
on Monday night until o'clock yester-