Evening star., 1896-10-27
Action Taken in the Belt and Ecking-
ton Cases.
THOSE CERTIFICATES AUTHORIZED
Proposals to Be Asked for the Air
Motor Equipment.
AN AMICABLE ARRANGEMENT

After consultation between the parties
interested an agreement was reached today
in the metter of the proposed equipment of
the Eckii gton ard Soldiers Home and the
Belt Line railway companies with COM
pressed air motors, and orders were sign
ed by Judge Cox authorizing Receiver W.
Kesley Schoepf of the two roads to Is
sue certificates with which to run the
roads, and also to invite proposals for the
equipment of the roads with the motors.
The order relating to the lexington road
authorizes Receiver Schcepf to incur an
Indebtedness not exceeding $1,000 for sup
plies necessary to operate the road until
November 10, which amount shall include
the Indebtedness heretofore incurred under
the courts order of the 25th of last month.
The receiver is to issue his certificates
therefore, bearing interest at 6 per cent
per annum, they to be first lien all
the property of the read, and the earnings
of the road after deducting operating ex-
penses ard those of the receivership, are
also pledged for the payment of their prin-
ciDal and interest.
These certificates shall first be offered to
the defendant trustees at par for the per-
iod of five days, and the receiver is further
authorized to refund deposits heretofore
made with the company and made by con-
ductors, drivers and motormen, whose re-
lations to the company were terminated
prior to the appointment of the receiver,
the sum to be so expended not to exceed
SlOO.
No Prejudice to Other Parties.
The order recites that 1t is made without
prejudice to any party to the suit, or any,
one interested in the property securities
of the company, and shall not be consider
ed waiver of any objection or defense
which may hereafter be set up as determin-
ing any questions involved in the case in
volved in proceedings heretofore taken
The certificates are made payable one year
after. or sooner, if the court so directs.
The order made by the court in relation
to the Belt Line Company certificates is
the same in every particular, except that
the amount is placed at $500 the Ameri-
can Security and Trust Company to be first
offered them at par for five days.
The Air Motor Question.
In the matter of the proposals for the
air motors for the two roads, the orders of
the court are identically the same The
receiver is directed to ask for written pro-
posals, with full Specifications and details,
and specifying the cost for supplying one
experimental compressed air motor of the
character required by the act of Congress
of June 10, 1896: also for making a test of
the same for period of thirty days. Also
separate proposals for equipping the entire
lines with such motors. The proposals
shall state the exact time within which
such experimental motor can be placed on
the roads, and also the time within which
the roads can be entirely equipped.
The proposals shall be presented to tine
court by the receiver. with his recon-
mendations, before the 10th of next
month The orders relative to the pro-
pcsals made without prejudice to the
tights of any one interested in the cases or
In the property or securities Of the two
roads, and they are not to be considered as
a waiver of any objection or defense which
may hereafter be made.
Both Sides Agreed.
There were no arguments in court today,
the orders being presented to Judge Cox
by Messrs John Ridout and Nathaniel Will
son, the attorneys of the receiver and trus-
tees, respectively. 1t is said. To a Star re-
porter Mr. Ridout stated that they were
signed by the consent of all the interested
parties, and he thought nothing further
Will be done until after the expected pro-
posals received and presented to the
court.