New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-02-08
FIF1H ADENIE 1RLNSPORTiIION 60.

JUDGE INGRAHAM APPOINTS 4 RECEIVER FOR
THE CONCERN.
Judge Ingraham yesterday appointed Daniel r.
Jn,,. receiver for the F1fth Avenue Transportation
Company which runs the lin" OF stages In that
avenue the Application OF IN" Attorney GENERAL.
and granted an order dssolying the corporation.
forfene it, corporate rights. privileges and fran
chls.s and the usual injunction restraining the of
ncers from Interfering with the business OF the
company. Mr. Iloag has been president OF the
American Savings Bank for many years. His bond
was nNod a 5000 and he was directed to deposit
all moneys In the United States Trust Company.
The reccivcrship was applied for on the grounds
that the company has remained insOlvent for at
least II year and has refused for more than year
10 pay It's debts The proceedings were amcable.
AS william Irw n. the counsel for the company.
offered allow the Judgment TO be taken dissolvng
the corporation. which Was Incorporated on Novem-
Der % 1850 Attached to the Application for the re-
cciver was "A statement of Russell Raymond. treas
urcr of the company giving list of the Jude-
monts which have been obtained against IT, all Of
which. together with the interest thereon. remain
unpaid The Judgments aggregate s9o.l3 on which
the interest charges Will aggregate probably $4,000
more They are follows September y. 1889, Isaac
II. Dahman. .ll.i27: October 90. 1859. George r.
Kctcham n CO.. S.l6l. October % 1889. Frazec a
CO., tG9Ss: February %. 1890 r. +. shepard Slo0l6
January 90 1893 Il. r. Shepard. oS95; May a.
ISo Helen Stern 1923 which has been assigned to
Augustus -. Shepard; January ~. 1895. Margaret
l.. V. Shepard. $32652; January %. 1885, Augustus
-. Shepard s2,Sl6 January n, 1885 A. ~ Shepard
and VI. l.. v Shepard. executors OF r.. r. Shep-
ard SOOi3.
william Irwin was seen at his office. No 2o3
Broadway. yesterday and said there little to
add to what had already been published about the
stage company. Its present condition. he thought.
would not surprise any one who had given II any
attention. There are "A great many stockholders
who like Mr.. Shepard. were anxious To nave the
company operated. but when II ran behind they
were unwilling to make good the losses, and this
unpleasant task fell 10 Nj Shepard. and after his
death to his estate The various Judgments which
were secured against the corporation were
satisfied by Mr. Shepard rather than nave execu-
lions issued" Mr. Irwin did not know whether the
stages would continue TO run but saw no reason
why the receiver should not keep the line In opera
ton.
Mr.. IlOag his home. No. II West
Forty-ninth-st., and said he still uniformed
as to the status OF the concern and could give no
answer a. To what line OF action he would pursue.
Pending Mr. IIoag's investigation. the stages Will
be- operated as heretofore
Augustus d. Shepard. when at the Buck
ingham last night. said that II was not known what
ment Of receiver, he thought. would bring to light
tn. real value OF the concern against which he
and other members Of his family had large claims.
He thought that outsider would lose anything
through the dissolution Of the company.