St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-08-15
FEES CUT IN TWO.
COURT RULES AGAINST THE RE-
CEIVER OF THE MINNEAPQ-
LIS TRUST COMPANY.
TWENTY THOUSAND CUT OFF
FROM HIS LITTLE BILLFOR SER
VICES FOR THE PAST TWO
YEARS.
FRENCH SOCIETIES IN AM1TY.
Prominent Organizations ConscI-
idate-GeneraI News of the
Mill City.

Among the attorneys of the city
considerable interest centers in the
order and accompanying memoran-
of the district court in the matter of
the report of the receiver of the
Northwestern Guaranty Loan com
pany. At hearing on the report
several days ago, differences existing
between the counsel for the receiver.
Hale, Morgan & Montgomery, and
the receiver, the MINNEAPOLIS Trust
company, were aired before the
court. More or less all of the prom
inent attorneys of the city were
brought into the controversy, many
OF them appearing at the argument
to represent creditors or as wit
nesseS, etc.
Some Of the attending attorneys in
obliged in mild criticism of the re-
port as submitted by the receiver,
and especially is this true of the
claim of the receiver for $4,000 per
annum as fees for services rem
dered.
at issue, takes neutral ground be-
tween the two extremes represented
at the argument. The claim of the
trust company for $4,000 fees is cut
in two; the claim of the attorneys has
several thousand dollars Topped off
of it, and the report of the receiver
on the condition of the estate is
neither adopted nor rejected, but
further hearing is suggested as nee
essary to settle the hazy ideas of
the items on the report. The order
follows:
1t Is hereby ordered, That said re-
ceiver be and it is hereby allowed as
and for its compensation for services
rendered herein and in full thereof
from the time of it's appointment up
to the 10th of May, 1895, being the
full term of two years, the sum of
$4,000. That the account of receipts
and disbursements presented by said
receiver be not passed upon at this
time, but the same is hereby deferred
for hearing of further evidence there
on, to be taken at such time as may
be hereafter fixed by the court 1t is
further
Ordered, That said receiver make and
incur no further expenses for labor or
clerk hire in the administration of said
estate, except as the same may be or
dered by the court on application by
the receiver, duly made for that pur-
pose, and upon the showing of a neces-
sity existing therefor. 1t is futher
Ordered, That the account of Messrs.
Hale, Morgan & Montgomery, attorneys
for the receiver, be and the same is
hereby allowed in the sum of $50, 600
for all services rendered by them up
to and including the goth day of May,
1895, and the sum of 1891. rs for expenses
paid by them during the same period,
as shown by their account, and that said
receiver, in addition to the amount al
ready paid said attorneys, pay them
forthwith out of moneys in it's hands
belonging to said estate the sum OF
13,5S1.7S, that being the balance be-
tween the amount hereby allowed and
the payments heretofore made to them
by said receiver. 1t is further
Ordered, That the account of Messrs.
Simpson, Thatcher & Barnum for all
services rendered by them to said re-
ceiver as attorneys be allowed at the
sum of $1,000, and for disbursements
made by them, as such attorneys, the
sum of S244.90, and that the said re-
ceiver pay them forthwith out of the
moneys in it's hands belonging to said
estate, the sum of S4,744.90, being the
amount hereby allowed less the sum Of
$500 already paid them by said re-
ceiver The memorandum hereto at
tached is made a part of this order.
CHARLES NJ. POND,
ROBERT D. RUSSELL,
HENRY c. BELDEN,
Judges