The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1899-09-30
FIGHTING
FOR MILLS.
LEGAL BATTLE TO SET
ASIDE A SALE.


At q special session of the Court Oh Mon.
DAY evening the taking Of testimony ia tt"
case % tn" 'Nreption- ll.od 20 the couilrma-
ticu os Jhn -ale of the Singerly pup and
Paper Company mills at Providence and
EiSton vu, .eauu and occupied Tia" attcn-
tion OF ta, Court on Tuesday, up to one
O'clock wh"u the arguments of counsel were
heard Tn" ease was concluded Oh Wedncs-
day ard is now held under consideration by
judge Prarcc, Martin and stump. who ARE
expected t. render their decision III :, few
days.
The mills were sold at privat" sale in June
last 10y tile trustees, William r. Warburton,
John ). Writ and Albert Constable. undcr II
decree OF he Court, to Thomas Slavery, OF
Wilmington, representing "A syndicate oi
capitalists from Philadelphia, Chester and
New York for 100000. Previous to this
sale the properties had been offered at pub
lie sale ard for which not Il bid was received.
A decree Of the Court passed in March last
stipulated that the minimum price re.
ceived should be $3.50 600 for both mills.
The Court later modified the decree by en-
poworinc the trustees to effect a sale under
such terms Us appeared best at their discrc-
tioD. and under which conditions the sale to
the slavery syndicate was effected.
Executions to the confirmation Of the sale
were fled hy all the boudhodcrs OF the
SiugerIy Company. who allege that the pric"
rec iyed for the property i grossly inade.
qunt". ana that the property will bring II
much larger sum should the Court not con-
firm the sale, but allow it to be put up again
ut public sale. Me-sr-. Mafbury and II. i.
Preston, Of Baltimore, represented Messrs.
Earle and Cooke, as7ignees of the Chestnut
Street Trust and Saving Fund Company, OF
PhiaGeIphia, and George II. Earle, Jr., re-
ceiver OF the Chestnut Street National Bank,
of Philadelphia, and /. Marshall Haiues'
Of Elkton. represented the bondhOlders, in.
Guiding the First National Bank Of Philadel-
phia. which holds $50. 900: Real Estate Trust
Con pauy. Of Philadelphia, 1000; Corn
Exchange National Bank, - 600; City Trust
Company. 5000; Security Trust Company
Philadelphia. so, 900; The Bergdull Brewing
Company, Of Philadelphia, ?30000 Edwin
ritIsr estate s5O Ooo and the Girar1 Trust
Co,,,o,,,. s1o OOo Tho l,r,est ,,orti,, .,
these bonds are held by the Chestnut Street
National po,,l. =, phiIado,,bi, Ar troir,.
oI.o -oors.o,,,od lama. = Nocortno, od-
,,,;ni..ra.or g tho wuI,o,, NJ eiroer,,, os.
tate. State Senator Austin l. Crothcrs, OF
E.kton. and George +. Harvey, Of Chester
po s.,,ro.or+el tbe ,,,,r.h,.ors of ,h,
,-a,.....
IT. .i,,o.. r.. .,,, a,.,o,..,,,,, ,.,
paria,,in Wiz wol.o. ~ p,odI.r Ion,, {
VIZ Ian,.. G uoCortnav Goor,a sto,rot+
c,-,,I,. w ~ p,,,o,,, +. ~ II
I,i., :. cl,.,I,. N o.a,,,..,. ,,,,, ,I.,,.,,,,
Ior p,Ifanr ,rbo r,itrosso. ror tho ,,rs,no,
,,.i,,..,, n, ,r,.,.,,...,. ,r,,,.., II c..
o,,1 ,I,.or+ C,.,e+otIo
- 9 ,r..1o.,,,,,. ,,t,, ,,..,, ..,.os,,.. -,
,t,,,. .,i,,,.,..l,. n,,I,.,i pc, C.,,..,,,.i,
j., .,..,,,,,r,tf,,n IN ,eoo +os+fo.5 +ho. th,
NM, ,,t,, a. p.o,.i1ar,o ,,o.+ :, oeo ooo o,,
tb,,,,I,.,,.ir,,4r - r,,..o,, .,o3 oon ,,,, t,,t \,
,,,'iI,r,, ,I,,, ,,ri, f,. ,,,,,i,h t,, ,.,,,,..
..,,t., ,,,,,,o,,,o.., M.
-,ir, ,,,,,os.,o,,+ol an o,.,o,,. &c.,
,,,.,I .,,. .t,,,.o,,,. IN Ia.,,,
;,,.,.t,,on, ro o,so +os,inod rhot ho ,,,o,
,,+ .,,.,.r.,,,,+;, o,,,. .ho ,olo ,,,. tto ,o,r,
-. ,ho r,,,.. bo1 h,o,, r,o5ioo1 uo ol,,
-.,.,l .bo, IVA l.,,o,,, ,s , l,;d1or ,,bo s.o,o,
,,r.o.,. t.o,,. a., ,,,,,io .o,,, ,,o,,o,,,a r,
ri,,i, boI Loo, ,ro.ed an tho ,,ronortias Il,
.l,a co,rt
md IaoIo, .; phirodo,nrio tos,igod tho+ h,
ala not attend tbe sale of the nronartv -
rn...,r ro,o,,sa of .b, li,,,i+ Of rri,.o ,,I,,o,
Dnon the rronertv bv the Court He tastifle,
that he would hoye heen q bidder had h,
Known TINT tbe limit was removed. and tba
he yvorld nav more than the amount tb
nronarrv bronebt He stated that he wonI,
hid With +. ,,iey 70 startin, the min mn an,
considered he would have n big bargain If h.
cot If for something near his nrice
Alexander Balfour Of philadelphia. testi