Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1896-11-05

Bay State Gas Co., within tho juris-
dIction of this court, be vacated, and |
that the bonds filed by said receivers |
on the 18th day of October, 1896, in
the penal sum OF s25, 600 each, be can
oelled, and the sureties thereon dis
charged.
1t is further ordered that the said |
Dwight Braman and j.. Augustus Mcv
Caulley deliver to the defendant, the
Bay State Gas Co., any and all
property, hooks, contracts, certificates
of stock, OF other papers which they
have received as such receivers.
IT is further ordered that the injunc-
tion restraining the creditors, officers,
directors and stockholders of said cor
poration from Interfering with the
property, books, papers and other assets
of said corporation within the jnrisdic-
ton OF this court be also vacated.
Dated October 3lst, 1896.
L. j.. Wales, j.
The consent referred to in the above
order is as follows: 49,
We hereby consent to the entry OF the
foregoing order.
Dated, New York, October 3lst. 1896
Anthony Higgins,
Solicitor for Complainant.
Roger Foster,
Solicitor for Receivers.
FL. Fl. Ward,
Solicitor for Defendant.
This action resulted in the discharge
of the receivers appointed for the Bay
State Gas Co. Dwight Braman of
New York, ons of the temporary re-.
ceivers, stated, after the agreement
had been reached, the conditions under
which the settlement had been effected,
all Of which, he said, had been COM
piled with. According TO Mr. Braman,
the conditions were DIS follows; ~.
First, that Mr.. Addicks and his
directors Internationally and unquali-
fedly resign from all the gas com
panies, including the Bay State Gas
Co. Second, that a set OF independent
and new directors be elected to control
all the companies Third, that Mr..
Buchanan, the complainant in the suit
be promptly paid every dollar Of his
claim. &
Mr.. Buchanan's claim, was for s135.
600 and interest
1t is said Judge Wales was pre-
pared to render his decision 10 the suit
to show cause why the, temporary re-
ceivers should not be removed, and that
the decision. favored the continuance Of
the receivers.
A dispatch to the New Yors Herald
from Boston, dated Saturday, said:
The Bay State Gas Co. was reorganized
to-day, resulting in the retirement of
the Addicks people and the advance OF
the STANDARD Oil interests The now
board of directors are William Rucke-
Teller, j. g. Moore and Fl. Fl. Rogers
of Now York, and Henry NJ. Whitney,
Sidney Chace, Robert Amory and A.
G. Burrage OF Boston. By this new
arrangement Mr.. Addicks retires from
the Bay State Gas management. Mr..
Whitney's friends ally themselves with
tho STANDARD Oil people in the control
| of the Boston Gas field, and Mr.. Ad-
dicks is not to be obliged to face out
side opposition to his ambition to be
United States Senator from Delaware.
The changes have apparently all grown
out Of the negotiations connected with
| the purchase of tho Brookline Gas Co.
| This purchase was one of the develop
ments that followed the passage OF Mr..
! Whitney's Pipe Line Gas bill. That
| deal was understood to have been made
possible by the interest of Mr.. Whitney
| in the matter, and, in fact, the option
| was said to have rested in bis hands.
The transaction in its completeness in
yolyed between Oh, 600, 600 and So, COO,
| 600. The Bay State Gas people paid
| in instruments the last of which falls
I,due Monday. All of this the Bay Stats
Gas people stood to lose in case they
failed to carry out their end of the
trade. In the stringency of the money
market, attendant on the political cleo
tions, the meeting Of thie' payment
caused some uneasiness on the part Of
| the Bay State people. THOSE most in
tsrested thought that compromises
might ba effected with the Brookline
people-that is, the Standard Oil in
terests-if Mr.. Addicks we're. only out
of the way. Matters took such q turn
| that they broached tho affair TO Mr..
Addicks himself. He, 1T is Understood,
was willing to retire only on the guar
antee that his Senatorial ambitions
should be no longer opposed On the
assurance, it is said, that tho receiver.
chip suits would be dismissed, and
active opposition to his Senatorial cam
paign withdraw, he retired, and the
above directors were chosen. J.
THE PohfFfeAL PHASE.
1 Mr.. Addicks declared III az interview
4 that he was not only not out OF politics,
tsut that the fight in Delaware from
this time on would be wagpd with a
vigor that would by comparison make
the former efforts on his part seem
feeble, and he predicted that. the
electoral vote of the State Of Delaware
would this year be counted IN the Nc
Kinley column. N
His retirement from the presidency
of tho Bay State Gas Co., together
with the present directory, was not, he
said, the result of the recaiyership or
any complications Immediately proceed
ing or following it, although he adj
mitted that his retirement was pre-
cipitated thereby. but that for some
months efforts and negotiations had
been in progress TO induce certain
members of tho Standard 7.Oil co.,
which has large interests lin the Bay
State Gas Co., to enter the directory.
!, Mr.. Addieks realized he. said, for
some time that ii was unfair to. those
\ who beside himself had large interests
in the Bay State Gas 90. that these
interests should be open to attack and
I - = ~.