The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1908-11-02
RECEIVERSHIp CASE
AGAIN IN LIMELIGHT
Cunning Plot Evolved TO De-
fraud Small Creditors Of
Construction Company
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me Carter said to the state Judge that
he would pay all these Oklahoma cred
itors on "a h urs' notice If they woulS
come to Purcell. The judge and Mr.
1enshaw no doubt both had confidence
IN Carter's premise and all we cared
for was to have these email creditors
paid.
Carter had also fooled most of these
small creditors and got them b con.
sent. But Carter had no idea of keep.
Ing his word. for the next day he con.
lented 10 a receNcrship in the United
States court at McAlcster IN a suit
hastily begun by a Chicag5 trust com.
pany who were in the deal with Car
ter. ! waited nine days for Carter 10
pay those debts bnt he di1 not keep
ais word. ! then began a fight to keep
the railroad pr perty IN the hands OF
4 state court till those helpless Okla
homa creditors were paid That was
ali asked for at any time. This fight
kept up until the Chicago crowd all
agreed 10 issue certificates. buy them
for cash and pay cur Oklahoma people
at once in the United States court
case.
This satisfied me and I was no;i
fled that the United States court al
once issued an order to sell S92 900 oi
receivers certificates TO pay these
debts. principal ana interest. and the
Chicago friends of Carter We're promis
ing TO take the certificates and pay
the cash.
Relying ON this agreement and the
United States court order J quit FUR
ther attention TO the matter until on
October 49, while in Purcell, some
grocery merchant told NE there was
some hitch IN the matter and that he
was sorry he sided with Carter instead
me- ! told him ! had no interest
except 10 protect our Oklahoma people
selves. On the statement of this mer
chant ] telegraphed for a complete re.
port and reason for delay
"The report { me SIS that some days
after the $4,000 order above referred
TO was issued the Garter gang without
notice TO me got il set aside and say
now they must wait fer money To pay
these small claims until they can get
half million dollars all at once TO
pay for the big things. Also contrary
TO the agreement they ct a referee
appointed to decide on each small
clam to see whether the railroad com
pany or the construction company
owes it, So every little claimant
lagorer, widow who keeps a boarding
house. farmer aud merchant must hire
lawyer and then will lose his claim
'I he construction company IS the
debtor
How is this for Carter's PROMISE
ust the scheme he tried work from
the start. The court receiver is a
eate and report what claims are hon
est and fair TO pay and believe II The
fll facts are presented 10 The United
States Judge he viii nip Carier's
scheme in the 5u1 This The state viii
a. and insist on prompt payment un
less these little creditors are willing
to take their chances.
The above is The story Il Is nat
urd that Carter and Flynn join in The
fight on me. We raised the tax value
OF Flynn's railr al from less han $5
500. 900 10 over S a. 100000. We raisei
the tax value on Flynn's gas plants
from about 100000 10 about 32.l30.OO0.
I'VE are prosecuting the suit 10
compel Flynn ~ return Sla5,00D unlaw-
fully taken from the territorial treas
ury
Garter's grievances are told above
Benedict Is a mere bireling who runs
Flynn's paper, so the reader can see