The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-01-18

from the circuit clerks Office AT the in-
stance of Mr.. W. H. Hearne, represent
ing the Huron Dock Company, of Hur-
on, Ohio, may bring about a novel le-
gal battle.
II 10 claimed that the Wheeling X
Lake Erie Railroad Company being In
the hands of receivers appointed by
the United States court at Cincinnati
the local courts in West virginia were
without right to interfere. An Intelli-
Eencer reporter talked with Mr. Hearne
last night, and he said that there had
been no developments since the at
4achments were issued Saturday. He
did not care to give his views OF the
right or lack of right in having the at
1achment issued, though no had views
ON that subject. When asked II he an
ticIpated a contest over the affair. ne
said he expected there would be the
usual legal wrangle.
Sheriff Richards was up until after
midnight Sunday morning, expecting
10 hear through General Manager
Tausslg, of the Wheeling Bridge d.
Terminal Railway Company mai the
claim of the dock company would DC 20
adjusted through the general officers OF
the Wheeling & Lake Erie roau tnat
Abe attachment on the cars could be
Senoved. but the arrangement was not
made. - -.
al freight agent Of the railroad. and its
leading representative here, lett last
night for Toledo, where he will confer
with the officials and will probably be
commissioned 10 engineer their legal
fight here over the Saturday attach
ment proceeding. The officials OF the
company arc not worried over che at
tachment, saying that the cars seized
were not the property OF the Wheeling
& Lake Erie Company. having become
tine property of the receivers appoint
ed on Friday at Cincinnati.
Developments In thia phase OF the
Wheeling & Lake Erie failure VIII be
awaited with interest.
The amount of the Huron Dock Com
pany's claim is $500 in round mum
bers, and is for the use Of the docks at
Huron, a port on Lake ERIE, Detwe ,il
Toledo and Cleveland The sheriff did
intend to seize loaded train and en-
CINE, but as the freight cars on The
Terminal tracks amply covered the
claim. this was not done. III addition
to the attachment proper, suggestions
were issued on number OF Wheeling
iron manufacturing concerns, 10 pre-
vent amounts due the Wheeling
Lake Erie from being paid over TO the
company.
OF the Wheeling & Lake Erie re-
ceivership SUNDAYS Toledo Bee has the
following:
The appointment Of receiver for the
Wheeling G. Lake Erie railroad. while
not altogether unexpected. has been
the leading subject of comment in rail.
road and commercial circles all dHy, w,
Il, Conuor. the big New York railroad
man and broker, viii arrive In Toledo
over the Lake Shore with distin-
guIshed pare OF New York capitalists
TO lcok intn thr details and investigate
some OF the local particulars. 1t IL un-
derstood that President A. G. Blair Is
out OF the road altogether, and that
Robert Bll"ken sderfer. Of this city. who
has been appointed one OF the recetv-
ers. viii assume the active manage
ment.
The Toledo directors. Colonel S. c.
REYNOLDS and NJ | Wilcox. are not
worried over tho situa zion, as neither
holds any more stock than is necessary
to be direC tOr--that Is few share7
Toledo banks are not involved in any
way. The Mc~chants' some years ago
held considerable Of the roads paper
but not OF late years. n. II. SWayue
counsel for the road. when seen had
nothing 70 say for publication but In
timated that Nh Conner would prob
ably set matters right in a very short
time.
This action Is attributed to several
causes-low rates on coal, tnaction In
iron industries and general business
depression are given out IS the causes
OF the embarrassment,
A few DAYS ago the New York Stock
exchange was excited over drop OF
five points IN the companv's stock. The
furry was due to Q report that the
company was insolvent, and that re-
ceiver was inevitable II has been evil
dent for six months that the railroad
was In a very bad way financially, The
company IS fully two months behind In
the payment OF its employees wages
There were several causes for the dc
cre1se in the earnings Of the road. The
line depends mainly upon the coal trat-
fc for fits revenue. The commercial
depression prevented large movement
of fuel. and In addition freight rates
were badly demoraliZed.
A. G. Blair Is president Of thn COM
pany, and Washington u Connor Is
chairman of the board. the board OF
directors is composed Of Hon. Tom l..
Johnson and +. W Oglebay, OF Cleve-
land: +. r. Lawrence u. D. Pnmly.
W. p. Conner and 4. w. Sopcr. of New
York; a @. Blnir, G " POmerny. VI l..
Wilcox and s G, Reynolds, of Toledo.
Noah Fl. Swavne, counsel for the
road. asserted that he knew absolutely
nothing about the matter, furthcr than
that a receiver had been appointed.
81 cannot give any Information what
ever on the matter. said Mr.. SWnyne.
"The road has gone into the hands OF n
receiver, go I understand from tele-
rraphIc dispatches and ] l.now nothing
further about It,
Mr.. Robert BlckcnsdcrCer, the Tolc-
10 receiver FOR the road, who has boon
its general superintendent, stated that
he knew very little about the financial
condition OF the company.
Hon Mrr1N r, Hcrrick and myself
have been appointed receivers" said
Mr.. Blickengdcrfcr II will have actual
management Of the road while MT,Hcr-
rick yill look after It's financial affairs.
There will he no changes whatever IN
the management. Everything will con-
tlnue exactly as before. I cannot say
anything about the rec1ivershin or the
onuse for the onmc ~ ! DO not know
knnU absolutely nothing about the
finances OF the road,
At tho Office Of PrCHlcnA Bar IN
formation was given out that the cm-
barrassmcnt was only temporary and
had hecn brought about by the action
Of eastern capitalists
For the past vcnr the Wheeling un-
dor tho leadership OF A. g Blair prsHl-
dent and general manager has made
n gallant struggle. II is hut Justice TO
that gentleman to state that he work
cd like n Trojan for The hest interest of
the company NJ which he was the OIL
ciaI head Siuht and day were alike