The herald., 1895-01-31
THE WHISKY TRUST.
Application Made for Removal of tho
New Rec divers.

New Receivers.
NEW YORK, Jan. 80. 1t is reported
that this distillng stockholders' protec.
tive committee have instructed their
counsel to apply for the removal of the
receivers on the ground that they were
appointed without necessity and merely
to aubserve the personal purposes of the
present management OF the company.
This three perbonB who nominally insti-
tuted rscsivership proceedings are J ohm
+. Olmstead, Chse. Heinsheimsr and L..
and s. L. Wormser. clerks in the Office
OF P. J. Goodheart & Co.,, brokers.
1t is claimed the appointment of the
receivers was made by Judge Grosscup,
after regular court hours, and that the
officers OF the court conni7ed at the
suppression OF the news q day and q
half The fact that the Judge appointed
as ono OF the receivers man charged
with wreeking the company, and ss ths
other the partner OF man who entered
suit against the company for 5000, 900. ID
commented upon unfavorebly. is be-
lieved the receivers will order the tenn
porary closing OF the trust distileries.
CHICAGO, Jan. 30.-Replying TO the
criticism OF the appointment of receivers
for the whisky trust, Judge Grosscup
said today the matter WAS conducted in
regular form. Both factions we're repre-.
scented at the hearing. There WAS no
attempt at suppressing the proceedings,
ss the papers we're on file all day Tues
day and could have been seen by any
who desired.
"Is it not unusual for an application
OF this kind to be made out OF court?"
mo- it is done every day. This was
proceeding brought by the stockhold-
ers of tho whisky trust and both sides
were represented"
''Are receivers appointed as a matter
Of course on such sn application if the
corporation consentaP'
Eyes; provided the bill presented
makes out Gaze for the appointment of
receivers"
who suggested the names of Mr..
Lswren CO and President Gresnhut2"
"The stock holders proposed Mr.. Law
renee. l have known Mr.. Lawrence a
long time aud know him to be man OF
character, ability and integrity. and 80
| appointed him."
THE reason the application for the
appointment Of a receiver was made at
my house," said Judge Grosscup, was
due to thlo circum stance. On Monday
BURY came to me just after court had
adjourned for noon recess and asked me
to hear an application for the appoint-
ment of receiver. He did not say it
was the whisky trust, and | did not
know what company 1t was. did not
want ID heaf IL ~ my miRd was full OF
thv Dsbs trisl. AID told Mr.. Bury to
apply to JndRs Seaman. He said
Judge Seaman could not hear IL. and
finally made an appointment with Mr..
BURY at my cham bsrs at 4:30 O'Clock,
just after sd journ ment OF court.
"Onurt adjourned at 4 20 and forgot
all about my appointment and went
home. 1 found the gentlemen there,
where they lad followed me-"
j. b. Greenhut presented his bond TO
Clerk Burnham last night in the sum of
$500 900, with John A. Lynch, A. NJ.
Rothschild and Frank E. Vogel as ae.
curitiss. Tbs bond was rent to Peoria
today for record.
Judge Grosscup's order stays all pros
ceedings except to conserve the property
until the further order of the court.
Levy Mayer and Mr.. Bijour, the latter
of New York. and Richard B. Hart
shorne appeared in Judge Grosscup's
chambers shortly before O'Clock.
Msssrs. Runnellu and Bury were also
present. Mr.. Mayer presented a petit
ton to Judge Grosscup asking for the
stay in the proceedings until the court
should dispose of motion TO remove
both Mr.. Lawrence and President Green.
hut as receivers.
Mr.. Mayer stated that the application
to the court had been made on behalf OF
holders of over 100 shareu of the $780,
600 shares OF the capital stock OF tho
company and the nominal holders OF
these 1900 shares were clerks in stock
brokers' Office in New York. He recited
the fact that the New York committee
had asked for meeting with the
directors of the whisky trust for today
and that President Greenhut had in.
formed them that he could not get the
directors together before tomorrow.
Mr.. Bury made no objection to the
stay and Judge Grosscup ordered that
the stay DO granted.
Hs told counsel to como into his
chambers tomorrow before 10 o'clock
when he would render his decision.
ST. LOUIS, Jan. 30.-An ancillarv bill
OF complaint WAS filed in the Unite
States circuit court here today by at
torneys for John F. Olmstead OF al,
praying for a receivership of the prop
erty OF the Distillers and Cattle Feedi ng
company within the jurisdiction OF the
courts