The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1905-10-19
Over Two Million Dollars Worth
of Claims Filed.
Largest Creditor Is the First
National Bank.
RECEIVERS WILL STAY
VIII Be in Charge at Least Till
December.
Purpose is to Wait for Report
of Accountants.
WAIT FOR THE FACTS.
Believe the Experts Will Fur
nish Accurate Information.
Many Prominent Lawyers At
tend the Meeting.
WAIT FOR THE FACTS.
Believe the Experts viii Fur
nish Accurate Information.
Many Prominent Lawyers At
tend the Meeting.

Claims amounting to approximately
s2.2OO,OOO were presented and fled
with Referee \. H. LOomis against
the personal estate of c. J. Devlin,
bankrupt, this morning in the federal
court room. The claims were intro
duced by thfrty-two attorneys, repre-
senting the larger creditors.
The principal claims introduced
follow:
city of Topeka, S26.24LS0.
Bank of Topeka, S50,019.2S.
First National bank, of Topeka,
$1341,3O2.26.
County commissioners Shawnee
county, $32,731.05.
Citizens National bank, of Daven-
port. Iowa, $4,000.
First National bank, of Davenport,
Kicker National bank. of Quincy,
ILL.,, $14.9O8.64.
w. W. twist. Toluca, III, s48,-
1921.
Coughlin Hardware company, To-
peka, S6,665.75.
The greater majority by far Of
these claims are based on notes which
were given by G. J. Devlin personally.
The receivers Of the Devlin estate
viii not be discharged today The
discharge of the receivers and the ap-
pOintment of their successors. the
trustees will not take place until the
time now set December 19, at which
time the creditors will hold their
meeting.
The meeting of the creditors of c.
J. Devlin, bankrupt, was postponed
from the time which had been set
originally for today to December u
next, The announcement of the post
ponement was made ON the part OF
Elmer Adams, an attorney Of Chicago.
who represents the Fort Dearborn
National bank OF Chicago and Judge
Wm. H HORNE, who is chairman OF
the creditors association. The an
nouncement came at the close OF this
mornings proceedings in the federal
court room in the federal building
Mr.. Adams said in explanation OF
the attempt to postpone; I'VE learn
that the accountants who are now go
ing over the estate of Mr- Devlin viii
not be able to make a final report un-
til along i'm December The report viii
be ready by the 18th of December and
it is at the request and desire of the
largest creditors of Mr.. Devlin that
make this proposal for postponement.
We can't 20 ahead until we receive
this report; there is not much use in
taking any action until then. I am re-
liably informed that the report viii
be completed by the time specified. /
don't believe there will be any objec-
tion on the part of any Of the creditors
to this pOstpOnement.'
fEeAelEt N. n. AOUifils asked L0I q
vote on the matter upon the part of
those Interested The vote was unani-
mously in favor of postponing the
creditors meeting.
The appointment of the trustees
who shall have the charge of the es-
tate after the discharge OF the receiv-
ers, viii therefore be delayed until the
next feeting of the cerditors in Che
December. There was some prospect
for a while that the receivers might
be discharged and the trustees ap-
pointed by Referee LOOMS today but
with the announcement of a wish to
postpone the creditors meeting this
was dissipated in thin air.
Underneath all is a certain feeling
of distrust of the receivers report up
ON the condition of the estate of c. J.
Devlin. The distrust is grounded on
the suspicion that the report is too
conservative as regards the assets.
that this in turn may tend to proIong
the term of the receivership or trus-
teeship, as the case may be. beyond
the time which the actual conditions
In brief. the creditors apparently be-
leve that they viii be able to learn
what they want better from the report
of the accountants than they will be able
to nom the receivers report The ad-
countants, aaslSins and Sells of Chi
cagO, are employed at the personal ex-
pense OS Mrs. c. 7. Devlin
Receiving the Claims.
The entire time of the referee this
morning was taken up in receiving the
claims which were presented by the
claimants or their representatives
against G. J. Devlin. The claims which
were received and considered were those
against C. j. Devlin, personally. and not
against the estate The claims which
are held against the estate will be trans
ferred to the bankruptcy cases as they
arise in connection with the various
companies and Devlin holdings. This
Is the decision which Referee n. TT
LOOMS handed down this morning when
the question was raised Another 'decis-
ion arrived at with the consent of an
the creditors present. lels, that interest
on notes should be construed from the
date o. filing
Ihe large number of claims which
were presented We're filed with the
referee and no question was raised as
70 the validity of any. An adjournment
was taken at noon at . o'clock this af-
ternoon when the creditors are Iistening
TO the report of the receivers which vg.as
turned over to Referee. n. H Toor7ie
In addition to a number of local ar
torneys, directly or in6A -ectiv interested
there were thirty-tvo prominent atfoy-
usYs present and represented the laroer
creditors George r. Peck of Chicago
was in attendance acting as attorney
Tor John Player and the Central Trust
company Of Chicago.
Lae representatives recognized .bv the