The times., 1898-09-21
MUST PAY THE employees
Mandate of the Court in the
Belt Line Case.
THE LIST OF CREDITORS
The Modified Decree Ordering the
Sale of the Road May BE Hand -.
Down in n Short Time - Date OF
Sale of the Property Is Indefinite
The Roads That May Bid.

Under the mandate of the Court of Ap-
peals in the case of S. S. Daish & Son,
against the Belt Line Railway Company
attending the decree in the suit of A. M
Ament against the same company, the
employees of the road are to be as pre-
ferred creditors, and, with some others,
are very soon TO receive the wages which
have been withheld from them for nearly
a year.
The mandate of the Court of Appeals,
which was made public yesterday in the
clerks office states substantially that
on account of the act of Congress, passed
June "a, 1898. defining the rights of pur-
chasers of the Belt Railway, says that
the decree passed by the Supreme Court
of the District of Columbia on Decem-
ber "a 1897 in the case of Nj. Amant
against the company ought to be modl-
fed and paid from the proceeds OF the
sale of the property of the road, there
should also be paid before the payment
of any sum is made to the holders of
bonds secured by the deed of trust OF
September To- 1855. or to the holders OF
bonds secured by the deed of trust oil
July 81, 1891. the claims of the employees
of the receiver of the Belt Line Railway
for unpaid wages and guarantee fund de-
posted, aggregating in amount the sum
of 81 500.
80 accomplish this. the receiver is
directed to issue to the employees certih-
Gates of Indebtedness in the form pre-
scrjbed bv the Supreme Court of the Dis
trict which certificates will be PAID by
the trustees of the road, the American
Security and Trust Company, out OF the
proceeds of the sale OF the road. rms
mandate in connection with the SAFE OF
the road, was made in the decree OF the
case of S. S. Rash & Son. creditor who
sued the road for Sll, 0oS.2S, with interest,"
from February 16, 1897.
Among the other creditors provided for
are: William Duffy, sl00; The Diamond
Stall Iron Company, $3S0.22; The Warren
Ehret Company, $500; Augustus S Worth
inston. counsel fees, $3.50; A. b. Browne,
extra counsel fees, $175; Ament & Co, M.
Provender, 20309; A Bradley, passenger
tickets, S50.54; Capital Traction Company,
| track rent, SS22.3S; +. +. May & Co.i haFu-
! ware, $14i.99.
The decree also provides for the pay
ment 10 W. Kelsey Scheopf balance as
! commission as receiver TO December 81,
| 1887, 1850, together with SO 81 as as
| signee of claims of the employees of the
| Belt Line Railroad for services rendered
! during his receivership and compensation
at the rate of S2,00G year from January
| ! 1898 to the final ratification of the sale
| of the property.
The claim for the wages of the en-
| ployes of the road is granted on the petit
tion of p. ]. Ryan, representing Thomas
! +. Tucker, Augustus a. Bullock, James
! B. Grinder David W. Skinner, Thomas
S Hayden. Charles NJ. Sangster, Luther
| B. Feete, Henry Connell and about JOG
| other employees These employees appeal
ed from the decision of Judge Cox in the
/ Daish case, in which he made the bond
holders prior. preferred creditors. They
went TO the court of appeals, holding that
! the laborers were the soul and body of
! the corporation without whose aid it
| could not exist and hold its charter.
1t is understood that arrangements viii
| be made within the next few days for
the issuing of the receivers certificates
| for the payment of the employees. These
! certificates, it is also stated, will be
! cashed dollar for dollar by the trustees
| of the road, the American Security and
| Trust Company when presented for pay
ment.
According TO the terms of the act of
| June "a, 1898. providing for the sale of the
! road the purchaser or purchasers buy
| with it the notice that they cannot COM
mence upon the equipment or improve
ment of the lines of the road until all
outstanding indebtedness is paid.
In case the road is put up for sale and
| will not bring sufficient money to liqui-
! date all its Indebtedness the purchaser
will be compelled TO advance the differ
ence which is necessary to pay off all
| outstanding claims.
It is expected that the modified decree
of the Supreme Court ordering the sale
of the road will be handed down from the
| Court of Appeals very shortly. Until
then nothing definite can be determined
as to the date of the sale of the property
1t is probable that several of the loca
street railroads viii be among the bid
ders when the line is put upon the block
1t is said that the City and Suburban
Road, which extends to lexington viii
make bid for the line, and it is alto
sether likely that the Metropolitan and
Capital Traction companies will bid prin-
cipally on account of the traffic of the
line in the extreme northwestern and
! southwestern sections of the city