Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1895-01-26
THEUNION PACIFIC
Separate Receivers Granted for
the Main Line Of the Road.
THE RECEIVERS APPOINTED


'"re''"S"'' ny '"S' '"'' gag" ''"''"-
holders Thought Not To Prejudice the
Governments Interests Order Cow
e,,...,, ,,.,,.,.,yri,t.,, p.,,.,
ST. Louis. January 23.-Unitpd States
Circ,,it I,d,,e Walter II Sanborn To-day
'"''''''. ,o"' . 'i'''
tion of +. Gordon Dexter and Oliver
Ames, second trustees for the first mort
.o,,a bopdhoIder- nj fine I'uinu Pacific
haIl""y Non' P"p9' Io' Se'"i"'o
eeiver for the portion OF the Union Pa
cific system covered by the first mort
ANNA Tho dacision on t,a order covers
e"e0' ~
seven closelY tyPe-"il'Veh P"Ses' an" III
effect grants the application. The re-
eeiyers appointed are the same as those
j., ,a,,,o. ,f ,la ar3ira systo,, vi,
80 >',' :, -,
e H. H. Olark' Ol'Fet W MllN' L. IL
lerY Anderson, John W. Doane and
Frederic X, Coudert. The order pro-
vides that funds already earned by the
road be used by the receivers to settle
debts and just claims under the present
reCeivership. In addition the court re-
serves the right to order that any def
cheney in such funds shall he made good
from future earnings under separate
receivership. In effect the decision to-
day simply sequestrates the old main
line from the rest of the system only SO
far as accounts are concerned, so that the
property covered by the first mortgage
shall be within easy reach of the mort
gagees.
The property covered by the first mort
gage referred to In the order Is that
placed upon the main line OF lO36
miles, extending from Omaha to Ogden,
and no other. The other portions OF the
road and branches, while under the man
agement of the same receivers, will have
a separate system of accounting, al
though they will be run by the same eX-
ecutive. Before he Issued the order
Judge Sanborn stated that he had
chahseo one ci"uSe, h'aHils l't''l o"il
inSe W oel '''iii a.. ~ ,.i
.iluep'V,l,,'a t'I t
pro'eo'loii 'ttlu nUI 80 I tI etotad
i,.i,' - - 49, ,'al,;n,, a,l,',
af no rraeant ona,otipu in
" p.|l 60 ""a ,,.d,Id 1--WE ,,i,,e tha
,'Ia;Stia,, "a" fnracIas,,ra G,,its the
P;i,;In'a of :, i,ao,;,,l,
~ ,..Ss',a =" D. CO tbo oor,,lo;pop4s
u.4tL1 . n.y. i,a ,,ioa ,arfalti,, sa+isfaI
s,';,L a., andan TIa indaa tGan ralIoJ
WV, .''0 ,,ol.,,,,'l, IS 80 Irnia,, Tr,,.t
tor tl'u "ppJ l .h t''t' ~ t1n Irimo paniG
DoHP aiiy %,i,t t'''V VI NJ piora ''o,.N
.' CAV ,'j ttor,o,, LoII,, IN hohaIr
seil .9 Uiie any ;G' "a >,+I.. TnI',a
e. 'ho = n.y. nli'+na NJ EaIIv snenioI
H"ipoin "pp "naa,a,o. far tho oonrt ~
eIeiM D. I 1Iao.do. om6 tbo onnooranco ~
.al's I'lJ oioe ~ "'''' ,h hhnthor,, a;s
VIC t ne. Nc n,;. - 0,,,,h., a,I ,1ano
.ilo' Vi .''i9 a. ~. $500, o,ntad
'i LIN oi' l,1 h,3 I,o,, ;Hs,,od that tba
",'el v4T ANY, &c tho no,r rocoi,ers IN no
"PPo'ii 'llIoi'S ~ wy ,,.,,t;, .i
WIZ oi'"n w
eyeVolIi' p''' nc ,'i,,
tise VI 'lo ui'.'t 50 H,.,+ ,,,r,i,d.a
W 'lo pay n'NH' "a '''N 7''7O
oolioo'
rHURsToN ON THE FoRECLosURE'
OMAHA, January 23.-The Union Pa
aitc attorneys, who went to st. Louis to
assist in foreclosing the first mortgages,
returned to-day. Speaking of the suit,
Judge Thurston said:
THE situation of the property has
reached the point where foreclosure WAS
inevitable. The first mortgage interest
- oco;,ors Tho fret inStaDmpnt of