The Brunswick daily news. [volume] (Brunswick, Ga.) 1903-1906, 1904-08-11
That Matter Occupied At
tention of the Court
Yesterday
now MONTY WILL BE PAID
Jodge Parker Fixes the Amount to
be Paid to the Receiver, commis-
soner' Attorneys and Others
Interested. p4s
Interested.

IN the suPerior court yesterday the
only matter handled was that of con.
aiming The sale of the Brunswick and
birmingham railroad, ifs franchises
etc, which tool, place Tuesday.
There was considerable argument
by the attorneys and the. matter oc.
cnried the entire day in the court.
Certain objections were made against
lie confirmation Of the sale. as to the
distribution Of the funds, and 1t was
late il the afternoon before the sale
vas finally confirmed.
The decree OF the court, confirming
tie sale was rather lengthy legal
document which is not of much inter
est to our readers A certain bond
was required OF the purchaser, etc.
and the last section of thessdecree
SAYS:
sit is ordered and decreed that the
purchaser, or his successor or assigns,
bc required to furnish bon,ia in the
aeni m @9iq3lt eaAditi9ned for the
payment Of such costs and claims as
tle court may adjudge to be properly
payable out Of The funds, judgment
'uton which bond may be entitled as
in cases OF appeals9
Distribution Of FUNDS.
a decree in the equitable petition.
as also ISSUED by the court, fixing
tnt amount y be paid attending the
sale Of the road This order in fun.
is as follows a9d e'gao
1t is ordereds and deereed that the
fpads ana PROCEEDS be distributed and
applied as follows;
1. To the payment Of the proper
expenses attendant upon the sale by
The commissioners as follows: TO ada
verLising, $8a820dl ev ag
z 70 the payment Of the compen.
sation for the commissioner for his
services which is hereby fixed at 5000.
3 TO the rayment Of the costs Of
This suit, to be fixed by the clerk.
4. 10 the payment of the compen.
sajion Of the receiver for his present
and future services, which is hereby
fixed at $1,000 and to the payment
OF the compensation for his services
and the receivers counsel which is,
hereby dxed at $2.69l,60, the sum OF
S3oe heretofore paid to said receivers
counsel under order of this court, to
b9 credited thereon, such compensa.
tlon to said receivers counsel to GOV.
.tr the representation Of the Nreceiyer
IN pending suits and claims against
the defendant. but not to include dis
bursements made in connection there.
with. odo2
8 To payment of the COMPENSATION
os the complainant. the Knickerbocker
Trust Company, for it's services, charg.
es ard expenses in the execution or
its trust, including its reasonable solic.
itors and colmseHs fees which is
hereby fixed at $fO745.
6. 10 the payment of certificates
issued by receiver amounting to sum
OF $G.RQ with interest thereon from
the date OF this issuance. at rate of
6 per centum per annum on August
Il, 1904, amounting to $50 ,695l6.
The further distribution of the bal.
ance Of said proceeds Of sale is here
by reserved for the future order and
direction Of this court.
With the CONTINUATION Of the sale
yesterday, the sale OF the road is prac.
tioalIy brought to an end and it will
aRe turned oyer to the Atlantic and
Bt mingham within the course Of a
few days. or course there is still
considerable litigation pending against
TIE B. & B. such as suits, ETC., and
ttey win all be settled probably at
the neXt term Of The superior court.
Several officials OF the A. & B.
we're in the city yesterday for the
pU'pose Of Signing the necessary pa