The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-07-25

Chicago. July 24.-General McNuIta
will soon be released from his trustee
ship over the Whisky Trust. and the
most Of the property Of the concern not
embraced in the sale to take place Au-
gust II will be put on the auction block
and the last vestige Of the old trust will
disappear together with its accom-
panying litigation.
A final decree in the case was entered
by Judge Showalter today In the de-
cree he reaffirmed all previous orders,
made perpetual the injunction accom-
panying the original Olmstead bill, of
January %. 1895. and the orders APP
pointing the receivers. The final decree
was made on applica ton of the reor-
ganizauon committee. The master in
chancery William Booth was referred
the taking OF proof OF all claims and the
preparation Of the condition of the
trust and upon presentation Of his re-
port to the court an order OF final sale
will be made.
Judge Showalter entered a decree in
the case which is to be final and will
dispose of the company's affairs for the
time being. By the terms of the decree
all orders heretofore entered in the case
are confirmed and made permanent.
The present receiver is authorized 10
wind up the affairs OF the big concern
and take such measures as he shall
deem necessary for the proper protec-
ton of the property involved under the
supervision OF the court.
The injunction granted January % In
the case is mentioned particularly in
the decree and is made thereby perpet-
ual. 1t is also decreed that all of the
property of the corporation shall be
held as trust fund for the benefit of
the creditors and Of the stockholders,
the property to be sold at as early date
as possible. looking toward a speedy
settlement of the affairs of the concern.
THEY KEEP TRYING 1T.
Chicago, July 24-Representatives OF
the Trans Missouri lines were in session
today trying TO arrange the reorganiza-
ton OF a passenger association. All the
lines interested were represented. There
was some discussion as to whether the
association should be an association by
itself or part of one general association
which would cove- the entire territory
from Chicago TO the Pacific ocean. The
former plan was finally adopted and
Chairman Caldwell and General Pass
enger Agents Francis of the Burlington
and Missouri River, and Wishart of the
st. Louis and San Francisco were ap-
pointed a committee TO draw form OF
agreement which is to be presented TO
the general meeting tomorrow.
Before the committee retired. how
ever. it was decided that the association
shall have Jurisdiction over all traffic
originating in the territory between the
Missouri river and Colorado common
points. 1t will not concern itself with
business west Of the Colorado points.
Utah business may be included later
on, but il was agreed that the lines in
terested in that territory should settle
their differences before the association
would attempt TO have anything to say
concerning Utah traffic.
The general freight agents Of the
western roads are still wrestling with
the problem to reduce or not 10 reduce
the minimum weights on carload lots.
Some of the lines are in favor of the
plan and others are against 1t. The Mil
waukee and st. Paul has made the fiat
declaration that il will put in the re-
duced weights, whether the others do so
or not.
This 1t can do under the present form
Of agreement by simply giving formal
ten days notice Of its intention.
READING REORGANIZATION.
Philadelphia, July 24-The Press to-
day prints the following: The Earl
Olcott committee has been engaged for
a week in making the final touch OF re-
organization of the Reading. In a gen.
eral way the scheme proposes to assess
the first, second and third preference
income bonds and the Reading stock
about SO. 900, 900. II Is proposed 10 col
lect this money under a threat of fore
closure of the general mortgage.