The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-01-12
WANTS EVERYBODY NOTIFIED.
JUDGE PARDEE WOULD NOT DIS
CHARGE THE CENTRAL,s RE-
CEIVERs.

He VIII Consider the order, How
ever, when All Interested Have
Been Given Due NOtice-The Pur-
chasers, Messrs. Thomas & Ryan,
Wanted the Receivers Assets
Turned over TO Them, and Were
Ready to Assume the Liabilities.
An Objection Made by some of the
Claimants Against the Fund.
The efforts OF the purchasers Of the
Central railroad property for the new
company. Messrs. Thomas and Ryan, to
secure the assets now in the hands Of the
receivers. Messrs. Conner and Hayes, il
appears. did not meet with such ready
success as was anticipated.
Recently the purchasers went over the
accounts Of the receivers, TO which full
and free access has been given at all
times, for the purpose of determining what
action they could take toward having
the receivers discharged and bring all
matters under the receivership 10 a speedy
close. II vas desired to wind up all the
old business as speedily as possible and
put everything into the hands Of the new
company.
The purchasers were satisfied after such
an examination had been made,
that they could take the assets
in the hands Of the receivers and
assume all Of the liabilities or adjust all
the claims against that fund. They de-
sired to do this. as stated, in order to
get everything into the hands Of the new
company, and with this end in view, a
petition and order was prepared discharg-
ing the receivers, directing them to turn
over to the purchasers all the assets in
their hands as such, and providing that
they should assume all the liabilities
against the fund. In the order the same
rights were reserved to the court
as heretofore, namely, to retake
any part or all Of the prop
erty at any time, unless all the debts
against 1t were liquidated.
These papers were presented to Judge
Don a. Pardee, at New Orleans, on Fri
day. by Mr.. A. r. Lawton, Jr attorney
Tor the receivers, but objection was made
to the granting of the order by Mr. Chas
N. West who represented several claim
ants, on the ground that they might not
be able so easily to get their claims ad-
Justed as they would before the dismiss
sal OF the receivershtp. Judge Pardee did
not indicate at all, it is understood that
ne was opposed to granting the order,
but on account of the objection made he
said he would not do so until notice had
been given to all parties at interest, so
mat nearing might be had II is prob
able, therefore, that the matter will come
up before him for hearing and disposi-
ton Just as soon as due notice can be
given.
Messrs. Lawton and West are ex-
pected TO return to the city
to-day Mr. Henry Crawford represent
ing the purchasers, is also expected to-
day or tomorrow. At the time Mr.. Craw-
ford was here about two weeks ago the
Morning News stated il was the inten-
ton of those interested to apply for a
discharge of the receivers and TO have
their assets and liabilities merged into
those of the new company. 1t appears
that no one but a few of those having
claims against the assets found any on
lection to this course being pursued and
they seem to think IL may Interfere some-
what with the prompt settlement of their
claims 1t is expected the matter will be-
Strengthened out within few DAYS.