The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-10-31
is IT TO BE PUT OFF?
EXCITING RUMOR REGARDING THE
UNION PACIFIC SALE.

It Is Buzzed About the Country That H.
terests Outside the Reorganization
Injunction TO Postpone the Sale Set For
Observation-Disclosures lost Interested
Deny knowledge of Such Action and
Scout the Idea of It-Master Cornish
StiI Has His Mouth Enioincd
Omaha, Neb., Oct 30.-For a time to-
day there was great excitement in rail-
road ci;c,es in this city over the report
that an Injunction had been asked pre-
venting the sale OF the Union Pacific
road under foreclosure next Monday.
The report first came through dispatch
from Dow. Jones & Co.. Of New York,
but in short time the story came in
from other points, and the officials OF
the Union Pacific and other interested
parties began 10 believe that where there
was SO much smoke there must be some
fire. It was impossible to substantiate
the story, however, and il is not thought
Munger OF the United States district
va. the only federal judge in the city
today, and he was here for short time
only, leaving in the afternoon for his
home a: Fremont, Neb. He said that
he had not heard OF any move 10 obtain
an injunction. and declared that If such
an attempt were made before him, the
chances were that ne would refuse TO
have anything to do with the matter.
That entire mstter," ne said, has
been before Judge Sanborn al st. Paul,
and it would not be proper for me to in
terfere with the case in any way.
have heard nothing about it. and do not
think that there is anything in the
story
Master in Chancery W. D. Cornish,
VINO is to sell the road at auction on
ly as;onisited when the story was tod
him.
II have never heard anything about
it," ne said, "ari I do not think there
is anything in il. 1t seems TO me that
II there were anything Of the kind on
foot l would have heard Of it,"
General John c. Gown, the special at
torney for the government in the case,
had heard nothing about the matter and
ned the same opinion regarding the
story a. was entertained by Mr. Corn
ism and Judge Munger.
81 don't see" ne said, chow anybody
can prevent the government from fore
closing on the road. There IS nothing IT.
regular in the matter. II is a perfectly
legal proceeding in every sense. and
while 1 do not think that any injunction
guess the road will be sold according
10 the program"
The only person vino would object to
the sale are thought to be stockholders
VINO are displeased with the actions OF
the reorganization committee. Circulars
from a broker in New York have been
sent broadcast over the country asking
stockholders to oppose the plans of the
reorganization committee, and unles.
the story OF a coming injunction came
from this source, directly or indirectly,
those interested in the matter here are
unable 10 imagine where il could have
risen.
People with sixty millions in their
pockets are not numerous on the street
as yet. None OF the heavyweignts OF
the reorganization committee have put
in an appearance, and so far as known
there are no others here who are pros
pective bidders Master in Chancery
Cornish would not say this afternoon
how many bids ne expects to hear when
ne mounts the auction block on Monday.
He takes the stand that he does not
know, of his own personal knowledge.
that anybody is going 10 bid at all. At
the same time, he has the guarantee
check Of the reorganization committee.
to about S., 000.O 900. He viii
not say whether he has any other checks
of similar nature from eny other
source, but it is generally understood
that ne has but the one.
Although none OF the members OF the
reorganization committee have as yet
put in appearance. several OF them. as
wei as Receivers Doane and Anderson,
will be here tomorrow morning. Wins
low Pierce, the attorney for the reorgan-
ization committee. AMI Oliver Mink OF
Boston will also be here in the morning.
Washington. Oct. 30-Attornay Cen
eral NcKenna said today that ne had
no official information as to the truth OF
the report that the Sage syndicate would
seek to secure an order restraining the
sale OF the Union Pacific railroad. He
admitted that Sc mad heard the rumor.
but added that, e founded upon fact.
TIE department would not necessarily
ha IN Farvr7a oCnoa-DFrD ~