The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-11-24
THE K. OPP. CASTLE HALL
GRAND LODGE APPLIES FOR A RE-
CEIvER IN THE SUPERIOR COURT.
Marion Trust Company Appointed by
Judge Carter-News of the State
and Federal Courts.

In Room g. Superior Court, yesterday
morning, the Marion Trust Company was
appointed receiver of the Castle Hall Assoc
citation. The appointment was made on the
application of the Grand Lodge of knights
of Pythias of Indiana, which was represent
ed by Attorney Sims, of Lafayette. There
was no protest against the receivership.
and, in fact, the appointment of a receiver
was the result Of an agreement reached two
weeks ago between representatives Of the
Grand Lodge and the board of directors of
the Castle Hall Association. Austin F.
Denny, representing the association, was
present yesterday when the receivershp
was created and consented to the proceed
ings.
1t Is understood that the real purpose of
yesterdays proceedings is to wind up the
affairs of the Castle Hall Association,
which was organized several years ago with
view to erecting fine building at Penn
sylvania street and Massachusetts avenue
The immediate cause of the proceedings
taken yesterday is due to dissension that
arose among the stockholders of the Castle
Hall Association. The Grand Lodge owned
more than one-third of the capital stock of
the association, and it is claimed it was the
desire of the lodge to obtain control of the
last six years there had been a constant
struggle between part of the Grand Lodge
and the Castle Hall Association growing out
of the effort on the part of the former or
ganization to increase its influence and
voting power in the association Important
concessions were made by the association,
it is averred, in order to satisfy the demands
of the Grand Lodge and the proportionate
representation of the Grand Lodge in the
directory of the Castle Hall Association was
largely increased. 1t Is claimed that after
this was done the Grand Lodge took steps
that indicated 1t would not be satisfied with
less than the entire control of the affairs
of the association. In May, 1898, the direc-
tors of the association arranged TO open
bids for the construction of Castle Hail.
but the Grand Lodge brought an action to
prevent this, charging mismanagement on
the part of the associations board of direc-
tors 1t was claimed by the Grand Lodge
that the building which it was sought to
erect would be insufficient to the need of the
order of Knights of Pythias in Indiana.
The Grand Lodge asked that the associa-
ton be enjoined from going on with the
building, and suggested that a receiver be
named to wind up the associations business
change of venue was taken to Hancock
county, where the case was tried, but no
decision was given, 1t being represented to
the court that a compromise would probably
be reached.
At a meeting of the directors Of the Cas-
tie Hall Association, held a week ago, the
proposition of the Grand Lodge to buy the
Castle Hall assets and take charge of its
business was accepted. The Grand Lodge
offered to pay over to the association $62, $40,
and the $4,000 of stock held by it in the as
ISOLATION was to be surrendered and cam
celed- This arrangement has been carried
hands of the receiver at once an amount of
money sufficient to pay all stockholders in
the Castle Hall Association and to all sub
scribers of partly paid stock the par value
Of their payments. The Grand Lodge will
also settle the expenses of the litigation
The Grand and Lodge has arranged with H,o the he
with which to begin paying off the Castle
Hall stockholders. Frank Daugherty, secre-
tary of the association will be retained
and will assist the receiver in settling up
the affairs of the association.