Pine Bluff daily graphic., 1907-09-03
Rumor Says Captain J. B. York and John F. Ruth erford Have Reached an Agreement
Many Conferences Held by Lumber Magnates-York Sent For Ruther. fOrd-ElliOtt'> .Jurisdiction-May Appoint Receiver.

Much interest is being displayed by Pine Bluff business men, bankers, and others in the outcome of the Ruther- ford-York controversy, which was partially settled in favor of John F. Rutherford and wife, Mrs. M. E. Ruth erford, in the Jefferson chancery court last Saturday. After issuing an injunction for the Rutherfords, Chan cellor Elliott requested that John F. Rutherford and Captain J. B. York without the assistance of Robert York ble, and settle their differences out of court He gave them until Wednes day morning to agree and unless an agreement is reached by tomorrow morning, Chancellor Elliott will in all probability take the matter into his own hands and either appoint a re- ceiver outright, as prayed for by the petitioners, or name a master in chan 1 cery to straighten out the affairs of the Buff City Lumber Company and tributary plants, all of which are said to be perfectly solvent.
 | AS soon as the court issued it's order Saturday, Captain J. B. York is said to have sent for J. F. Rutherford to confer with a view of bringing about | oF ences. Since that time more than dozen conferences have been held by the two lumber magnates. Just what passed between them has not been made public. Mir. Rutherford declin- ed to discuss the matter this morn ing, when questioned by a Graphic representative. He told the Graphic man to talk with Chancellor Elliott. When the latter was visited at his office he said that he had nothing to give out just now relative to the mat ter; that he had not fully decided whether he would appoint a receiver for the Bluff City Lumber Company or not, in the event that the big lum- bermen failed to reach an agreement Several days ago Chancellor Elliott doubted his right of jurisdiction in the entire case, but he stated that he was positive that he had full jurisdic- tion in the matter of the agreement, which had previously been entered in- to by the officials of the Bluff City Lumber Company, in which it was agreed that all differences should be settled in the courts.
 The Graphic has it from reliable authority that MT. Rutherford and Captain York have reached an agree ment and that the matter will be re-
 ported as settled in the chancery court tomorrow morning. The legal proceedings will be withdrawn, it is said.
 There are various rumOrs as to what the nature of the agreement was. Others say that no agreement has been reached between the men. Captain York and MT. Rutherford have been talking the matter over III private, excluding their attorneys at each conference They have visited ltheir respective counsel after each conference, however. It is stated that Captain York has requested MT. Ruth erford to return to the managers of- flee at the Bluff City Lumber Compa- ny,s plant. Mir. Rutherford, it is said, prefers to remain away from that bus mess, owing to his many holdings that require his attention downtown especially is this true with reference to the plant of the Citizens Light and Transit Company, which is controlled and largely owned by MT. Rutherford ) He is said to have been offered $So,- 900 profit for the street car line some months ago. Recently MT. Rutherford is quoted as having said that a mil lion could not buy the electric line from him. This is the idol enterprise of MT. Rutherfords heart. MT. Ruth erford, it is said, will not agree to
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