The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-08-02
SALE OF THE B. & B.
HAS BEEN STOPPED
JUDGE SPEER ENJ0INS 0GG.
COMMISSIONER WILL NOT NE ABLE
TO SELL RAILROAD TODAY.

Ensign-Oscamp Co. of West virginia
secured Nccessnrs Restraining or
der in MncOn-ChnrRe Made That
Minority stockholders Are Being
TrmmpIcd pOn--ReceiVer Is Asked
for-sRIty Charges Against Pres
cnt Management of IL. n B.-Fln-
grant ExtraNnEa Alleged
Macon, Aug. There was filed I'M
the Circuit Court of the United states
to-day, a bill in equity by the Ensign
Oscamp Company a corporation OF
the state of West Virginia, against the
Atlantic and Birmingham Railway the
Brunswick and Birmingham Railway
Company, the Brunswick and Birming
ham Construction Company and the
Atlantic and Western Construction
Company, the Knickerbocker Trust
Company, and G. u. Ogg. commission
or appointed by the Superior Court Of
Glenn county, for the purpose of max
IN sale Of the properties of the
Brunswick and Birmingham Railway
the prayer Of which bill is that the
court issue a restraining order forbid
ding the sale Of the property by the
commissioner as advertised Aug. 2, and
further, that a receiver be appointed
to protect the interest Of the minority
Stockholders from a collision Of the
above named companies
The document fled Is a VOluminous
one, and contains some salty charges
against the present management OF
the properties Of the Brunswick and
Birmingham. II is charged that alto
gether there has been "a huge scheme
on he part Of the knickerbocker Trust
Company, and the other companies
named TO get possession of the Bruns-
wick and Birmingham.
Hyde the whole Thing.
There is enumerated the different
plans that have been inaugurated pur-
suant to this end. IT is claimed that
Charles Hyde the present chairman
Of he board of directors of the road,
holds a majority of the stock Of both
Of the construction companies, and
that the construction companies hold
a majority Of the stock Of the railroad
company. The petition states further
that the entire control Of the Bruins
wick and Birmingham company Is
therefore In the hands Of Mr. Charles
l.. Hyde. chairman OF the board.
II Is charged that the entire pro-
cecding IN the state court, Of which
the Knckerbockcr Trust Company was
party was only a part Of the plan
for getting possession Of the Bruins
wick and Birmingham properties. II
is charged that iuasmuch as he en-
tire number Of the stockholders were
not willing that the sale should take
place that they could show a good
title only by having the property sold
1T public cutlery. The Ensign Oscamp
Company claims 10 hold 50 600 i'm bonds,
and together with interest 10 have a
claim Of $4,000. which 10 is said Will
be lost unless the plans of the COM
panies are stopped by the court.
Fragrant ENtrnVnEHncc Charged.
The most fragrant extravaganza Is
charged against the present manage
ment, Who II is said, are "squander-
Ing the $4,000 per month income OF
the road The petitioners says that
il is useless 20 appeal 10 the directors
Of the company or 10 the majority Of
the stockholders, for the reason that
they are all into the scheme 10 freeze
out the minority stockholders and
boudholdcrs
Judge speer has issued a rule nisi
requiring the defendants 10 appear al
Nj. Airy Aug. s and show cause why
"a receiver should not be appointed
and n tho meantime there was issued
an order restraining Mr. Ogg from pro-
ceeding with the sale.
ORDER RECEIVED N BRUNswICI<.
Brunswick Ca Aug. Receiver