The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-10-15
OBJECTS TO THE PURCHASE.
The Beaumont Lumber Company En-
tiers Protest TO
GALVESTON. La PORTE & IlOuSTON'S
Proposed Deal for two Biocks of Prop.
orty In the Island City-New Santa Fo
Commercial Agent Appointed.

The hearing of the case submitted by
the Galveston, La Porte and Houston rail
way to the United States court at CARES
ton for the approval of the purchlse of
two blocks " ground in the city. .ei,rrcd
to in The Post OF yesterday, VIII be bad
today. and as anticipated. an objection
was fled ty some of the lines creditors.
Attorney j. +. Lanier, representing the
beaumont Lumber company, yesterday
fled at Galveston the following objections:
Alonzo j. Tulock VS.. Galveston, La
Porte and Houston Railway Company. Tin
the Circuit Court of the United States for
the Eastern District of Texas at Calves
toni
In the above styled cause, now comes
The beaumont Lumber company AMI al
legcs that heretofore it filed Is petition of
intervention i'll said cause. uLd the same
was referred to the master in thauccry
who, in accordance with law. made his
report thereon to the julsns o! the cir, ut
court of .he United Sta .cs fnr TIE East
ern district of Texas i'll sail cause, wi.ct-
in and whereby IT is fcc)miner led that
the said Beaumont l.uinber COMPANY have
and recover of and from - defendant tee
sum Of, towit, over 100000 and That said
sum be adjudged prior lien, ,N.ert those
OF a like class to the lion of the bond
holders of the said Galveston. La Porte
and Houston KalwV company.
That the report o. said master n 5hau-
Gerry was daily filed ia SAID cause and judf-
ment thereafter and heretofore dIiy en-
tered as recommend ID by said master.
and in accordance win the rules of the
supreme court OF the United States in
said cases made ari provided; and that
said judgment is still H. :ull force and cf-
| fer i..ip nd lt,. a
| Beaumou; Lumber company objects 10 the
| petition of the reCciNc. of Tie Galveston
La Porte and Houston hallway 'ompauy in
said cause. towit: f. ". House ami VI. =.
Jones. asking 10 he allowed 10 purchase
the two blocks Of g"ound in the CRY of
| Galveston on the terms and conditions
stated by them in their said petition, for
the following reasons. to%it
/. That If sal receivers are permitted
TO purchase sud ;wo blocks of land "a
the city of Galveston, rs prayed Nv them,
| 1t Will create IN lden 2GneSs of the said
receivers against sall property, and prior
| lien to tina. OF The Beaumont Lumber co..-
pary. for the sum of Sti1 100. rs afJioss nj.
=. The operations AL sfl sct Of a. oiner
Of the circuit court OF The United S.,'cs
for the Eastern dlstrist Of Texas 4 Gal
weston, in which the above cause is row
pending, permitting The said receivers to
make said purchase, would in slfeet rr, =
property and stay TIC coll sction o: the ccl {
due and owing Tho Beaumont Lumber
company Tor an VA 'oason itde and irjep-
mite length of time. an1 woul prolopg said
rcceiyorship. viii il las already been | ED
ing for nearly one ;edr, log greater
length OF time han allowed by the .,is
of congress- which require roceivcrships
in the Fed al courts shall rot be con-
tinued or last longer than Il period Of
three years.
3 Because there is no necessity FOR the
purchase of va l property, AMI the pm
chase OF saia" "ould not Justify The outlay
of so large a sum o. money, and the in
come of ,hc receivers aud OF the defendant
from additional business. would not Tag
the interest On ;he sod SUI, of $tiollN
the proposod purchase price OF said lrop-
erty.
!. The pur 'hlse Of slrl properly is not
such an act as Is authorized on cnnt,fl-
plated by law IL ;he ,rcration o. property
in The hands of a rec iyer. or tnr IeasOi
that II Is thu intention g. Il It"elVcl sh,i
10 protect tn crc,.'turS alike q; defend
ant aud satisfy their deman Is "quuably
fuG in proportion 10 the several amount,
thereof. ana rot 20 embark in how ortor-
prisos, or areatc adj oEa leb.s against
. the properly Jf the ia,eniant. except n
cases OF cXttr ne necessity
Aud the deaugloIt Lumber CON pany
further alleges TIA: the court in This 'as,
has heretofore authorized the isyuanra q
RECEIVERS ce"ti1'r'e. 10 the amount o
500 o0o in said ;aiae. for he purpose o
comrletlug hi railroad nf drfcnilnt int
there is no T,c"s1;.y tnr tie receives ere,
ating an nd !i'icual labi' % than tlAt al
ready existing, and the. 4by linlong ng tn,
rccever,h.p aud defla,.1, the !vci o
their appointment.
Nhers'Gre 'ho lso&uHo7t LuTiAor COM
pany protests against and objects to TN
said purchase, ind prlyi that said Ie
T, ccivershlp ne te''l ne ID as soDl rs 20. Il
bic, and for .9leral RELIEF.