The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1895-10-05
NORTHERN PACIFIC AFFAIRS
Receiver BurIeigh Takes Nom
inal Charge
COMPLICATIONS IN COURT
Restraining Order Granted as TO the
Old Receivers
Default on First nortgage Bonds Lands the
Oregon Improvement Company in
Receivers Hands
Associated Press Special wire

Associated Press Special wir6
TACOMA, Oct. 4.-Receiver Burleigh
of the Northern Pacific railroad, spent
two hours here today in consultation
with General Manager Dickinson. He
has made no further appointments and
has issued an order directing that all
employees report to Manager Dickinson.
Receiver Burleigh will 60 to New York
some time this month. The New York
circuit court will be asked, probably on
October 18th, after the designations of the
old receivers are acted upon, to appoint
Mr.. Burleigh receiver in that Jurisdiction.
General Manager Dickinson says he will
make no changes.
MILWAUKEE. Oct. 4. Tho bond of
Receiver f. G. Bigelow of the Northern
Pacific railroad was filed this afternoon
and Immediately approved by Judge Jen.
kins. The Mutual Trust and Surety COM
pany OF Kansas City and the City Trust
and Surety company of Philadelphia APP
pear MS sureties In the sum OF $500, O0U.
NEW YORK, Oct. 4.-Judge Lacombe.
in tine United States circuit court today
granted an order restraining Thomas F.
Cakes, Henry c. Payne and Henry G.
Rouse, as receivers OF the Northern Pa
cific company, or any OF their employees
or agents in this circuit, from removing
from the jurisdiction of this court any
moneys, securities or other property now
in possession of said receivers within the
jurisdiction OF this court, and orders that
in the further administration of tneir re-
Ownership, said receivers shall take di-
rections from this court. The order was
granted on application and affidavit of
George W. Board in an action of P. B.
huston, Farmers Loan and Trust COM
puny and others, to have the present re-
celvers removed.
SEATTLE, WASH. Oct 4.-The Oregon
improvement company went into the
hands OF receiver in Judge Hanford s
court this afternoon. and G. j. Smith was
appointed. The bill of complaint was
filed by the Farmers Loan and Trust
a series of first mortgage bonds Deem
Der l, 1850, amounting in the aggregate
to So. 900, 600, of which bonds am mounting
to $4S6, 900 were afterward redeemed.
November 1. 1889. the Oregon I'M prove
ment company. TO secure payment :of a
series of bonds aggregatins SIS, 000, 900,
executed deed of trust known as the
consolidated mortgage, interest on which
amounting 10 $l55, 245 for the half year
fell due October 1, when default vas
made.
Receiver Smith has been general man
ager of the company in this city and this
evening furnished bond in $ln0, 600.
The properties of the company consist of
the Pacific Coast Steamship company.
having a fleet of twenty-one steamers,
Columbia and Puget Sound, Seattle and
Northern. Port Townsend Southern rail
roads and the New Castle and Franklin
coal mines, tributary to Seattle in King
county. There are 216 miles Of railroad,
of which 1877 are narrow gauge and IS
standard. -Four corporations own the
lines and the securities are held by the
Oregon Improvements com pany. Presi-
dent Elijah Smith is now in New York.
Application for appointment OF a receiver
will also DO made ID Portland tomorrow,
and 1t is expected thar Receiver Smith
will leave for there by special train to-
night.