The times., 1899-06-14
STATUS OF CUBAN MORTGAGES
The Committee Representing Credi-
tors Submits N Proposal


The Acting Secretary OF War. Mr.. Meik-
lejohn. granted hearing yesterday to
Fidei C. Pierra, Ignaeia Remirez. Pedro
Galbis. and Emilio del Junco, a COMMITTEES
CT Cubans who came to Washington to pro-
test against General Brooke's order re-
speeting the settlement Of mortgage debts
In Cuba. The committee claims to repre-
sent not only the creditor class of Cubans
Out the business men In general Secre-
1ary Meikiejohn went over the papers sub
mHted by the committee and promised to
slNe their protest an early consideration
Ihe members of the committee explained
10 Mr.. Meiklejohn that General BrooSe's
oruer was regarded as an injustice to the
business men OF Cuba. They argued thai
II Affected back debts contracted as long
as -FOUR years ago. and in some cases an
nulled attachments that had been levied
under the Spanish courts. General Weyler
postponed the sale Of the attached prop
erty, and it remained practically In the
same condition when the United States
looR mold OF the island. The result OF
Lenerai ~ brooke's order. 1t is represented
10 'nat tnese attachments are annulled
In protesting against the order the com
rnittee explained that they desired that the
otder be modified so as TO preserve the in
'esrity OF the attachments Mr. MeikIeioh,
promised u look into the matter. He ar
ranged for the committee members to visit
me White House and pay their respects to
president Mckinley. This visit will. how
ever, not relate In any way 10 the mes
tion under consideration. but will be nnreIv
personal visit.
The commissioners presented TO the Act
ing secretary of War the following. which
contains a proposed modification of the
debt extension order:
The undersigned Fidel G. Pierra. merchant. d.
isricIo Remirez. lawyer and property holder.
IT hmiiio del Juneo, lawyer and property hoi.
DER, and Dr. Pedro Galbis, lawyer and city and
country property holder, all resident, of Tho eit,,
OF havana, Cuba, were duly elected commission
ers by the mortgage and other creditors of the
critics OF Havana. Matanzas, Cardenas, Cienfue-
Cos. etc. at meeting held at the city ot la
Vaua on May l. last, as is shown by the r,inr..s
OF the proceedings Of said meeting duly certified
to by notary public and legalized by the COT
rector OF Customs of Havana; the said commits
sioners being charged with the duty Of delivering
INTO the hands OF the President memorial which
they accompany herewith. and were instructed -
taAe such steps as might conduce to the modiaca-
tioh oi the decree granting an extension TO cre-
Tors ior the payment OF their obligations The
Undersigned IN compliance with their duties and
IN virtue OF the authority to them conferred by
the creditors, beg 10 propose the following nod-
hcations to the order or decree OF the Military
GoTernor Of Cuba, dated June ). ls0g in reference
to debtors and creditors. namely.
The following notifications are hereby made To
the order or decree Of April o. Is99, granting an
extension of two years 10 mortgage debtors, and
TO the order or decree Of June s. 1900, modifying
the preceding one
'First-UTban property and its products or
rents are excepted from the benefits OF the ex
tension granted by the two aforesaid orders or de-
crees In consequence. creditors are at liberty 10
exercise their rights for enforcing judciaIIy the
payment OF their claims against the products or
rent OF urban real property, by the sale at auc-
tion of said urban property.
'Second-Creditors at liberty TO exercise
their rights for enforcing the payment of their
claims against az rural property for the overdue
and unpaid balance Of the purchase money II said
unpaid balance amounts 10 90 per cent or more of
the price for which the property was sold to the
debtor
''Third-Creditors are at liberty to exercise
their judicial action for the collection of any
debts against rural real property not destroyed by
the war, and whose productions has not dimn-
ished 80 per cent
Very respectfully,
ErDrT r. PfrRp,