Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-01-30
Stockholders Dissatisfied Over the
Appointment Of Receivers
AN EFFORT FOR THEIR REMOVAL
Judge Grosscup's Action Criticised
in Wall Street.
CLOSING OF DISTILLERIES

NEW YORK, January 30-JOhn I. Water
bury a member of the stockholders pro-
tective committee of Distilling and Cattle
Feeding Company the whisky trusD, said
today that it was his opinion, and that of
the committee, that the receivers were
but temporarily appointed, and that the
court would give hearing on the ap-
pointment of permanent receivers. Owing
to the absence of counsel and one of the
committee in the west, the circular which
was promised stockholders would prob
ably not be out today.
Mr.. Waterbury expressed himself as con-
fident that the court would recognize a
majority Of the stock, as against 1,1OO
shares, which secured the receivership.
1t is reported that the stockholders pro-
tective committee have, instructed their
counsel. Messrs. Blur and Mayer, to ap-
ply for the removal of the receivers, and
it is believed notice of such motion will
be given at once, the ground to be alleged
therein being that the receivers were ap-
pointed without a necessity for such &C
ton and merely to subserve the personal
purposes OF the present managers or the
company.
The three persons who nominally insti-
tuted the receivership proceedings are Jno.
F. Olmstead, Charles Heinsheimer and S.
\
Goodhart & Co., brokers of this city. The
Wormser in question has no connection
with the firm of !. and S. Wormser, who
have been in close relations with President
Greenhut.
Judge Grosscups action is severely criti-
cised on the street 1t is claimed that the
appointment Of receivers was made at his
home, after the regular court hours, and
that the officers of the court connived at
the suppression of the news for a day and
half. The fact that he appointed as one
of the receivers the man who is charged
with wreclking the company, and as the
other the partner of man who has enter
ed suit against the company for $500,OOO is
commented upon unfavorably. 1t is be-
lieved that the receivers will order the tenn
porary closing of the trust distilleries.
PEORIA, ILL.,, January 3O.-The bill, bond
and order of court in the Distilling and
Cattle Feeding Company receivership case
were received by mail this morning at s
o'clock by Enoch p Sloan, clerk of the
United States court at Peoria, ON s. w.
Burnham, clerk at Chicago, and Mr.. Sloan
Immediately had the United States court
room swept and busted, and, seated al his
desk under the bench, he proceeded to
make the proper entries in his records. He
says there is no irregularity whatever. The
suit is numbered and filed in regular order.
Vice President Boggs is the only official
in town ard he has nothing to say.
CINCINNATI. Ohio, January 3O.-Judge
Taft of the United States court today ap-
Co. receiver of the Distillers and Cattle
Feeders Co. (Whisky trust)
The application for a receiver was made
on tohalf of the same interests which Sc
cured the appointment at Chicago and 1t
asked for the appointment of the same re-
ceivers. Judge Taft. however. declined to
appoint Mr.. Greenhut or any other stock
holder.