The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-07-24
TRlCC CASE
IS AGAIN UP
Order Of Sale Entered as to
Unfinished Boats.
Co-RECElyER is REFUSED
Creditors Divided onThis and Motion
OverruIed-Standard Oil and Pa.
r. r. Co. Secure o rder for Sale
Of their Property-Notes.

The attention Of Judge Grinnan, OF the
chancery Court. was almost exclusively
engaged yesterday with the eonsidera-
ton OF matters relating to the Trigg
shipbuilding Company. which for some
time has been In the hands Of Mr.. LII
burn T. Myers as receiver.
The first motion was for the appoint
ment Of co-receiver, and was overruled
By the court. The other motion. which
was sustained, was for an order directing
the sale Of certain unfinished boats, the
property respectively of the Standard Oil
Company and the Pennsylvania Railroad
Company.
There was great array OF counsel
upon the first motion the creditors were
divided, so 1t was overrued by the court.
ORDER OF SALE.
The order, which was entered on mo-
ton OF the two companies named. d.
reefs that two tugs belonging to the
Pennsylvania Railroad Company and one
tanker being constructed for the Stan
dard OIL Company, all Of which are only
about half completed, be advertised for
thirty days and then offered for sale at
public auction The order further directs
that the material shall be first offered
separately and then as whole, to ascer-
tain in what manner 1t may be disposed
Of to the best advantage.
1t Is understood that the advertisement
leading up to the sale will be inserted
in some daily newspaper in the next few
days.
The first motion was that of Messrs.
r. G. Bickford, Of Newport News, and
Eppa Hunton. Jr. OF this city. for the ap-
pointment Of a. co-recelyer, to act IN con-
junction with Mr.. Lilburn T. Myers, who
was recently named to take charge OF
the affairs Of the company by Judge Grin
nan.
This motion was made on behalf Of
certain creditors Of the concern, and was
argued at some length by Messrs. Bick-
ford and Hunton. Mr.. j. Jordan Leake
and others representing other creditors
opposed the motion, and 1t was finally
overruled by the court. Mr.. Leake's con-
tention was that Mr.. Myers was looking
faithfully after the affairs OF the Sncern
and that he had been at all times ready
and willing to import any Information de-
sired by the creditors
Keep DOWN EXPENSES.
He had no especial objection to the
appointment of a co-receiver. but he de-
sired to see the expenses OF the litigai
kept down as low as possible.
The second motion was that Of the
Standard OIL Company and the Pennsyl-
vania Railroad Company for the sale at
public auction of the unfinished property
of the two companies. The Pennsylvania
Company has two tugs In the course of
construction at the yards, while the COM
pany was building an oil tanker for the
Standard Company when the receiver was
named. Through their counsel these COM
pantes asked that the order be entered
FOR the early auction sale of these boats
in their unfinished state.
AN ALL DAY FIGHT.
After elaborate argument on both sides,
! Judge Grinnan entered an order directing
the advertisement OF the property for
thirty days, and then that 1t be put up
at public auction for sale. The order d.
reefs that the material shall be offered
in separate lots first, and then as a
whole, so that 1t can be sold to the best
advantage.
The two motions consumed almost the
entire day. and the argument upon the
last one was not completed until late in
the afternoon.
The court room was almost crowded
with lawyers. there being large number
from elsewhere, as we'll as from Rich
mond
Colonel Francis L. Smith. OF Alexan-
dria, and Mr.. r, G. Bickford, OF Newport
News, We're prominent among the attor-
neys In the case from outside of Rich
moud,