Daily inter mountain. [volume] (Butte, Mont.) 1881-1901, 1900-05-25
SIX THOUSAND
FOR CARROLL
HIS ANNUAL SALARY AS WATER
WORKS RECEIVER IS FIXED
BY JUDGE KNOWLES.
REPORT OF RECElVERSHIP
FOR YEAR Is SUBMITTED.
Attorney Dewitt Thought Mr.. Car
rolls Services Worth More Than
$4,000 a Year-To Consult
Bondholders.

Judge Knowles today allowed Eugene
Carroll, receiver of the Butte City Water
Co, the sum of Sc, 900 per year salary
pending a final settlement of the receiv-
ership matter.
Yesterday MI. Carroll submitted his
annual report of the receipts and dis
bursements of the water company for
the year ending April so, 1900. The to-
tai collections were $3.50, 9S7. %, the oper-
ating expenses, $50, S6o.03 and the con-
struction expenses SAT ,1S4.S7, leaving a
balance of $113,6l6.32.
Accompanying the report was a petit
ton by Mr.. Carroll stating that during
the past year he had drawn no compen-
sation for his services except s4,loo for
personal expenses, which he said was
less than his former salary as manager
of the water company. He asked the
court to fix his compensation and also
that of Judge Dewitt whom he had en-
gagged to attend the various law suits IN
which the company was involved.
The matter of compensation came up
before Judge knowies this morning.
Judge Dewitt read the petition of Mr..
Carroll, adding that the receiver was a
! hydraulic engineer of long experience
and had been superintendent Of the
Butte Water ompan since 1891. His
salary under the old regime had been So
900 per year, but the business had grown
to such an extent in recent years that
Mr.. CAROLS services We're reasonably
| worth 1000 per year. Had any one
| less familiar With the business been APP
! pointed it would have been necessary to
engage an assistant to supervise the
! work of construction, all the details of
: which were attended to in person by Mr..
Carroll.
AS to the compensation of counsel,
Judge Dewitt said hat former counsel
had received So. 500 per year and the Ia
Dor of counsel this year would be worth
equally as much. There We're many
cases in the courts to be attended to and
especially a few veXatious ones involv-
ing title to water which would consume
a great deal of the time of the counsel.
! John F. ForbiS the legal representative
of the bondholders known as the Massa-
chusetts Loan and Trust Co., suggested
that the matter be left open at present
until he had an opportunity to commune
cate with the eastern capitalists, to
which Judge Knowles replied that short
settlements make long friends and that
there was a possibility it would be two
or three years before the matter would
be settled ~
Mr.. Forbis said that he had no doubt
that Mr.. CAROLS accounts were all right
but he thought the eastern bondhold-
ers might like to have the accounts ex-
amined first before being approved. He
would like that the matter go over until
the next term of court. He was willing,
however, that a fair and reasonable
compensation be allowed Mr.. Carroll
who, he said. had rendered good and
faithful services. He understood that
about the time the receiver was appoint.
ed Mr.. Carroll was about to ask for 6
raise of salary on account of the onerous
duties of the position.
Judge Knowles said that he did no
know THAT any order he could make
would be binding unless somebody wa.
present to represent the water company
He Would order, however, that Mr.. Car
roll be allowed to draw out of the FUND
in his possession at the rate of $4,000 pc
year until the matter of compensation
could be settled satisfactorily to all par
i, ties. He would also order the counsel {
!. salary of 81, 800 per year.
The salary of receivers, the judge sait
was frequently too much. They We're of
, ten allowed more than they could ge
from private individuals, and he did no
want to establish the rule of alloWin,
big salaries. why I have twelve or fiji
teen applicants now who would like to b.
appointed receivers in the text CASE re
marked the judge with a smile.
Hinkle & Dolman, lawyers, 1894 Ows
ley block.
1 1rfa1]ioont nonp1o olr,;ro tLo Vyy,,