The age-herald., 1901-05-05
CORONA COAL &
 COKE COMPANY Property Passes Into Control of
 John Greenough RECElVERSHIP SOON ENDS HenrylB. Gray Retains Control Until June Large Fees for Attorneys and Reoeivers-consideration
 of Deed $5e,o2s.o4.
.RECElVERSHlP SOON ENDS

A final decree was signed yesterday by Chancellor John c. Carmichael which ends the receivership of the Corona Coal and Coke Company, and directs Receiver Henry B. Gray to make a deed to the property to John Greenough. The consid- eration for this deed is stated to be s5s- 02S.o4. but It is understood that MT. Green ough pays other debts of the company, among them the claim of the Jasper Land Company for $21G,595.47.
 Tho title of the case Is Jasper Town and Lands, Limited vs. N. M. Davidson Davidson owned one share of stock of the Corona Coal and Coke Company. The real suit however, was against the com pany.
 Under this suit Henry B. Gray and T. C. Culverhouse were appointed core ceivers. Mir. Culverhouse resigned April l, since which time MT. Gray has been sole receiver
 The decree rendered, yesterday recites that 1t is agreed to by all parties inter ested that all claims against the com pany have been fully paid off and dis charged except certain claims thereafter mentioned
 That it appears to the court that John Greenough of New York has full power to represent and act for the Jasper Town and Land, Limited, which owns all the stock of the Corona Coal and Coke Com pany, and that said John Greenough, as said representative of said Jasper Town and Lands, Limited, desires a final wind- ing up of the receivership. It is ordered:
 Purchase Price, $59,o28.o4.
 That Henry B. Gray, the sole receiver, make deed of conveyance of all prop erty of the Corona Coal and Coke Com pany except merchandise stock, to John Greenough, but that said receiver shall operate and remain in full charge of the property until June 1, 1901. The considera- tion of said conveyance is to be $59, OPS. .04, which sum is paid by said Greenough in full settlement and satisfaction of the claims of various parties against said company as shown by papers on file in said cause. Of this sum of s56, ,634.90 was paid through the First National Bank and 2,393.4 was put into the registry of the court.
 It is further ordered that upon the de- livery to w. c. Garrett, register of the court, by any person of all the shares of the Corona Coal and Coke Company $ stock originally issued to the Jasper Town and Lands. Limited, and five direc- tors, that the same be cancelled and filed with the papers in the cause.
 The decree directs the receiver immed- lately upon the signing of the decree to pay from the funds in his hands as such receiver the following sums of money:
 Large Fees Paid.
 To T. C. Culverhouse, formerly core ceiver, the sum of 5000 as full compensa- tion for his services.
 Receiver Henry B. Gray to retain like sum as full compensation fer all services rendered and to be rendered up to the date of his final discharge, together with $4OO additional for services up to the first day of June in collecting and disbursing monies derived from notes and accounts In his hands as receiver.
 The receiver is then to pay the costs of court, and $5OOO to R. H. Thach for his services In representing the complain ants in the cause.
 The receiver Is then directed to pay 10 J. J. Garrett for services in representing the receivership in this cause and as full compensation therefor the sum of s15,0Oo.
 The receiver Is then directed to pay in- to the registry of the court s252.0S to meet four claims against the company as fol- lows: Constitution Publishing Company, S12642 Crandall-Bradt Company, $5,21; Jellico Coal Company, s49.91; Pat O'Brien, $5054 The claim of G. s. Gains of Co., roma for s6eO is ordered litigated as 1t is disputed, the sum of S75O to be deposited in court to cover the claim. The claim of Dunn & Lallande Bros. for $2500 Is or dered litigated and the claim of the United States government for coal mined on the Hudson entry is ordered to be lien upon the property of the company for whatever amount, If any. shall be ascer- tained to be due. The claim of D. J. Gib- son, if reduced to judgment, is to be a lien on the property.
 Present Employees Retained.
 It is also ordered that all the present employees of the receiver be retained un- til May 31, 1901.
 The receiver Is directed after paying the above claims to turn over any balance to John Greenough or his nominee and he is also ordered to make his final report to the court upon the delivery of the deed to
 At- -I-2t< .a