Evening star., 1898-09-02
FILES HIS REPORTS
Receiver Schoepf's Showing for Rail-
ways in His Charge.
CITY AND SUBURBAN ORGANIZATION
Consolidation of E. and S. H. and
Maryland and Washington.
f n A L STEP S L X E n

Mr.. w. Kelsey Scboepf receiver for the
lexington ard Soldiers Home Railroad
| Company and the Maryland and Washing
| ton Railway Company. which have been
| consolidated as the City and Suburban
| Railway Company, the property having
| been taken out of the receivers hands in
| accordance with an order of the court, has
| filed his reports of the Indebtedness OF the
two companies remaining unpaid August Il
last. This Indebtedness, it is shown has
been paid by the new company and all
claims settled.
The total Indebtedness prior to the re-
| ceivership September 81 1885, and in
CURED during the receivership is s165, 76s ~,
| as follows:
Open accounts, s5,23S.34; judgments
! against open accounts and costs. sso3.9l. In
| te1est to be added; judgments account OF
! person al injuries ana costs, %; due
| employees deposits, S911; tickets still out
l stsnding in hands of other companies or
| the public. s27S.a0; total, s12. .Ss2 50.
| Bills paya5le-Johnscn Bros, note. sl,oV.
| interest to be added; Church & Ste .ohenson,
rote, s327.35 interest 70 be added; Balu.
| mere Security and Trading Company of
Baltimore. transfeiee, notes stS: .9e-o2' IN
| terest to be added; total S45,0
Taxes to July l. 1855, penalties to be
| added to account prior to receivership, ST.
! .3S; penalties to be added to account un-
| der receivership. SI,pS9S; total taxes, vs.
| 971.36.
| Certificates of indet tedness account paw
| ing issued oy the District OF Columbia, in
terest to be added from dates of issue-Ac-
| count prior to receivership, $5oo.39; under
| receivershio, S2,06S.19; total s2,569.lS.
The Open Accounts.
| Open accounts, the principal items of
which are: S. S. Daish & Son, provender,
$1c951.O7, aud Johnson Bros, coal, S5,1o1.37,
the total being s17.767.35
Baltimore Security and Trading Com
pany, transf2ree Loan s., 100.
| Baltimore Security * Trading Company,
| trans1eree account, rent of stable PRIOR TO
| recelNersnip, sl2,ooo-So; under receiN ershlp,
| SIl,1lt.oo, total, SZ4,UUu.
| John Ridout, counsel fees account prior
to receivershIp, S4,lo4.S5; under receiver
| ship, S5,3o5- Il; tolal, S.,5tu.
| Baltimore Security * Trading Company,
loans TO Receiver. soo,S3O.34 interest due on
| bonds June l, 1898, s5,gt4; receivers GER
| tihcates, $1,000, interest 10 be added from
| May 49, 1o.,S.
the amount incurred under the receNershlp
| was $SI,411.2o, the amount outstanding
| prior to the receiversnip being $7s,351.l2.
| The statement includes nothing tor court
| costs
Receivers Claim.
| The receiver makes claim for compensa-
| tton in the sum of s22,UOO, on account of
| which he has already received s., ,6U7 3d.
| There is due on account of pay rolls for
| the first fifteen days in August 81 GOO and
daily expense of about $40 has been in
| CURED on this account from the date men
| toned to the end of the receivership Mr.
| Schoepf stated, however that funds in
| hand and current receipts would be sufti-
| clent TO meet these.
| EckiuSton Line
In further report filed yesterday after
| noon in the lexington and Soldiers Home
| railway case by Receiver Schoepf, he states
| that the city and suburban railway of
| Washington has complied with the orders
| OF the court by paying through the receiver
| all the Indebtedness shown in his report
| and by depoSiting with the Washington
| Loan and Trust Company the amount
| claimed by it and paying into the registry
! ol the court the amount claimed by the
| American Security and Trust Company the
! amount sc deposited and paid into court
| TO be held subject to its further order in
| this cause.
| Mr. Schoepf says that he has delivered
| all the property OF the lexington road for
| Herly in his possession to the proper ofIi-
| GERS OF the City and Suburban Railway
| Company, free and discharged of all claims
| the transfer taking effect at the close of
| business August 81.
| In compliance with an order of the court
| Receiver Schoepf also filed a report of the
| indebtedness of the Maryland and Wash
| ington Railway Company. showing the un-
| secured creditors existing prior to the re-
| celvership, the unpaid Indebtedness in
| Cured during the receivership and the ex-
| penses thereof
| The Indebtedness incurred prior TO the
receivership. September -, 1896. and re-
n aiming unpaid August H. was as follows:
Jehrson Company, cross-overs, s795.25.
| Gibson Bros, printing, $500: Judgment
| Nj F Talty al oF
| 81, 1860. with interest to be added from
| August g. 1886, to date.
| The Indebtedness incurred under the re-
| ceiverShip is as follows: Receivers certifi-
| Gates, $iS,Gi0; certificates of Indebtedness
| issued March S, 1898, by District of Column
| bia, account paving, s4,21S70; John Ridout.
| counsel fees, $1,000; total of s4321s. 20;
| with interest on the receivers certificates
| and the certificates of Indebtedness to be
| added to date. The total Indebtedness
| without the items of interest mentioned
therefore, is SHi55.3o.
This statement includes nothing for court
cApenses. The receiver makes claim for
| compensation in the sum of s4.35G69, which
| is 10 per cent of his actual cash receipts
| to date, On account of which he has al
ready received $3.50.
Supplemental Report.
In his supplemental report filed yester-
| day, Mr.. Schoepf says that the Maryland
| and Washington Railway Company has
pe-iQ through the receiver all the INDEBTED
! ness as shown by his report and mentioned
| above. He further reports that he has de-
| livered to the proper officers of the Mary
| land and Washington Railway Company
| all the property heretofore in his custody
as receiver free and discharged of all
claims, the delivery and possession taking
effect at the close of business August 81
The final step in the contamination Of
the consolidation of the two roads was
| taken vest erday afternoon, when deed
was placed record transferring the
| tire property. franchises. etc, OF the Mary
land and Wasain gton Railway Company to
| the City and Suburban Company, formerly
| the lexington and Soldiers Home railway.
| The sale is made under the provisions of
| the act of Congress Of June %, 1SJS. au-
tIoriZing the transfer. The consideration
Eamed is 10000 shares of the capital stock
of the City and Suburban Company of the
par value CT 100000 and 200 of its first
| mortgage bonds. aggregattng in all 100000
The value of the real estate transferred is
given at S240O00 and upon this amount a
Il