The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-06-08
HE NAY VISIT BUTTE
The Oregon Short Line Circus Booked
to Appear Here.
EGAN AND THE NJ. u. RAILWAY
1t Is Rumored That He VIII Be APP
pointed Receiver for the
Connecting Link of the
u. p. and NJ. p.


reliable authority that the American
Loan e. Trust company will institute
proceedings in the United States cir
cult court of ,l:is district in a few days
to have ]. NJ. Egan. appointed receiver
for the Montana Union. 1t Is stated
that Colonel Sanders of Helena. who is
the Trust company's attorney in Mon
tana. is now preparing the necessary
papers in the case and that the suit
will he commenced Immediately after
Judge Merritt of salt. Lake. renders
his decision. If the case comes up ii
will probably be tried in Butte.
The only object in having Mr.. Egan
appointed receiver of the Montana
Union is, of course. to prevent any en-
tangIements and difficulties such as
were outlined in this mornings Stand
ard from arising between the Utah
Northern and the Montana Union. The
Montana Union is self-sustaining ana
there would be no need OF receiver
for il were IL not for the existing per-
picking conditions. BY having Mr..
Egan in charge of both the Montana
Union and Utah Northern. harmony
will prevail and the receiver Will be
in no danger of having his trains
stopped at Silver Bow Junction. where
the Utah Northern proper ends.
Should the application to have Mr..
Fgan made receiver for the Montana
Union be approved, IL would have no
other effect than to establish friendly
relations between that line and the
Utah Northern. Its relations with the
Northern Pacific would probably be
come more friendly, however, as Mr..
Egan will undoubtedly want To use
both the Northern Pacific and Great
Northern as feeders for his line.
The salt Lake Herald has the follow
ing account of the fight that is now GO
ing on in that city:
"Of course, the attorneys for tho
Union Pacific receivers have not given
up hope of winning their case. They
have two decisions against them al
ready in cases not so strong for the
other side. as this one appears To be.
end while, of course. they cannot an
ticipate what view Chief Justice Mer-
rift will take of the matter, yet there
is a strong feeling that the fight Is an
uphill one.
But the battle for a local receiver
will not be abandoned. \ great deal
of strength has already centered on W.
n Bancroft, and unless something un-
forseen occurs before the hearing
comes. his appointment will be asked
for. However, 1t is hardly anticipated
that there will be success along TINS
line so far as to keep Mr.. Egan from
being apDointed. 1t is felt that II h"
asks for control of the lines i'm Utah
the court out Of consideration for the
fact that he has control Of the balance
of the system. as well as the further
fact that he represents the greatest of
the bondholders, will grant MS re-
quest
.'Therefore. there has been 4 switch
ing OF positions and there is now strong
talk of making but little fight against
Mr. Egan. but asking that Mr.. Ban
croft or some other laocal man be
named as a coordinate receiver with
him for this part of the system.
Mr. Egan was in receipt OF much
attention during the day. He was
quite willing to talk freely so far as he
could without anticipating the decree
of the court. Immediately after his ar
rival he was seen by a Herald reporter
and said he had no secrets to keep from
the people.
ii have been surprised to hear since
coming to the city that rumor has
started regarding my alleged intention
10 establish headquarters i'm Portland
i'm case ! am receiver of this part OF
the system. ! do not know how II
could have started. It may have come
from Portland. The people there prob
ably feel very greatly Interested in the
road and would like very well for me
to come there. But there is absolutely
no foundation for II. | might as wen
try to operate the road from San Fran
cisco. 1t Is my idea that anyone who
has charge of a system should live on
il. as near the center as possible. SO as
to be in touch with the people of the
section through which the system runs.
Salt Lake is the natural headquarters
for the system
1T is the veriest rot TO talk of such
n thing When the proposition was
first made that 7 should take charge
of the system il was understood that
salt Lake was to be my headquarters
if | were appointed receiver of the
lines i'm Utah. There has never been
any intention Of changing this arrange
ment. | have also heard another rumor
since | reached the city. 1t is that
will operate the road in the interest Of
some other section or some other sys-
tenn That also is rot. ! am not com
ing to this country merely for the pur-
pose of drawing a salary. Ii is my
intention to do all I'm my power Ia
make the system pay. / believe that q
railroad cannot he prosperous unless
the tributary country is prosperous.
The two are inseparably bound toEeth-
or. In order 10 help the road. of course
it will be my policy 10 do everything
in my power to build up the country.
- cannot say what IL viii be pos
sible for me 20 do with the property,
as ! have not looked into that as yet,
and cannot do SO until the whole mat
ter is settled by the courts. You can
understand that 1 cannot anticipate
that and cannot talk of policy until
some settlement is had. 7 do not care
70 do anything THAI would be consld-
cred discoUrteous TO the court
"Of course there are any number ~
rumors afioat regarding appointme nts
70 he made by Mr. Egan. and Of course
there is nothing To them out mere spec
ulation. The best posted ones. how
ever. think that J.. G. Slater. at pres
ent general freight agent for the Chi
cago a Great Western. with headquar-
tcrs at st. Paul viii go in as traffic
manager. The same ones pick &. r.
Berry Of ST. Joseph for general freight
agent and Mr.. Huldredge for general
passenger and ticket agent. The last
named has already denied that there
is any ground for the talk concerning
him. but he is being discussed just the
same
The closing out sale Of Simon Jacobs