The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-07-08
VET UECEIVEUS2Ep TO END
JlTfI UTNT 90 CIu ~ IOS
airs i6RIID ION
,tto--s,. R~prr~~utiHG ~ ~',Ir,. INsn
io-rrrU'~~ ~ ~to~Ehsid~r~. Approve
20 pa, IS. soo. ooo 10 at, Han~s,
grrri,rr NaN n- ~lgnrd To-day

80 PaN IS. soo. OsaO - ttN nailNaN
E-rrrer NsS B- >iERrd Ts-sla,
q gid ris' ~ settlement vh.rshv
,-s W.--a0oh'aG S~ruriti-, company and
,-. i-'"rrorouSh Me, rup"h,An company
80 o.. -~assa ca IN payr.-.' o. So OJo To
e. '.Nsm " Ia "a receiver ~ the New
So, .I'v Railway com ANY m settle
rs.. Z 10" M yS,ion winch has involved
no NJ -opoItan traction system for three
ga. AS presented Yesterday afternoon
& =" IAcpml." ~ the Uruei States
l-.l' court The plan provides FOR the
r.v---' by the Inter-Me company to
80 ..'y company OF H0Oo,0 CD az further
i-..,m-ut or - hohiinys - stock Of the
- .rr,-s com. ANY and the CONTRIBUTION
- ~ ~ ~ Thomas ? Rvs1. Pau' u
.-a.atn and other former directors Of the
90. -n0oh'an SECURITIES Company 10 make
Dr.. .4- iuil ca IN settlement 81 s. jp'UpI
..- = the counsel Interested said last
nsr The agreement settles all pending
sc..a't.n between the METROPOLITAN 80
'..s COMPANY and the New York
e.. ~'r-at RAILWAY We hope tina, Lhe
So -m-nt raves the way tuNard Iu early
To-. nation of tn" o." eve shin
,r Laid ha~ .alrsa g. .-cgr-I fuis-
per- IN the C,rruu Court against the
Metropolitan Securities COMPANY fu-
- 80. Of which he ha~ cull-Ct- IA
,N.n 81 nsI 7Ss aTi n WAGONS pro, - -,
uUoO more Another sriit institutsi bv
% Laid Is SaL-t Paul u. trava.a II
Nreelapd Thomas ? RYAN 1'u p'u--,
70 former directors % tn. S-CuI.tI-t
many to recov-- s. 30 :Is' alleg-' {,
.,s hsen wrongfniy transferred from
ifv company v'thcUt any cons iera-
. iH the Sec.ri.,e. company Thu.
-, trIet l'St NIHtrr before Judge
-. .a 80 l-Ite SiR'e. IIrcult Cont
-. -lslpr has be-i rend-r-
f..l.s. = sci '.efn@ut a. mat purhc
... 49,. by to- l.aii Who IA d..
r-..a @, Judge l.aromt- Tor ,n-tru,
o.. % the to.r Ihsi Joseph "
,-.s.- t.. counsel had ad,I>'d hlm =,
r@rr me -sftl-men' \ trl-i -Itt n
- : JD'rH m d-faYI'-i lat-r-s'
.. ,-c- piIonS - sJ' u.s. 49, Natrppol
o.. securities stock ., nov p-nd,ng IA th-
-,.f Cont. maatnS th- Jpra' eta ~.
- f.' 81 winch smr ~ Includes The
's.aI- Items % in'sre.'
the I'M. laNva .. 'unC-- ned 49, asn.u
" "'ert ira ulan IT sertiem-u. WIuni
ne sIsIi5. 55I ut claims against the
'~'ropolItan >ecurIrte IDmpsuv wt'h
.. .EA- of s. 80 ~ - ~ ~ usr winch
80 New Eor. ,Hy Railway IomTSuy
%. 20, AZ cd slrs ,dy Indr- udz uenr
I'm Tire SecuI,ti". company
No. il MOI IA. 800 l' t.H' 49, 49,.
oily in tho" claims aE.'ru-' tr- M-;rn-
Titan SecurIti. COMPANY which have
A"n IN h'tgaiicn tt--- Wee a good many
stance, ~ dup!tca'.In The ra'ip 90 ne
Mount settled upHH 'r-daV - tho -s0l-
,lmed Was really considerably large
''pEe'h~. u wsS r''n .pou which
rartie- could readily con. to agree
..r vl'hout much pre- do o. the
-..... 1'.reSts involved
o. rua cor. ~ NOR. Cpun.- r.pr-
..r'nc me varirI. in'"r.t. involved
10 - them d..s. ~r,-i - the pr.
---i settlement o.. rph n Ihoare Out-
OF No. pian and -dId 'hat he h-a-- ~
..r-., ed n adding that he hoped ~.
~.Ild ind uu difiri.ty 10 ~
o. r'rwarpn
D.. q letter g. Cul Iaad winch -
f...d 90 IN. receivers g..'Ifi.u G.. 'h..
'pr Ins'rgctIpn-. | have fully gwen
-.. -ons for advising the acceptsnc- -
.'l-msnt. laid Mr. Chua'- 4 81 ,
O. 20 nix u necessary 10 20 into that here
10 hope your Honor Nill 500. your I
-, lear To- confirm ~ r-serving ~ The =
...' no adjustment - the claims q all |
s''.a- and provision. Tor their pay |
t'.a. all Interested had i...n heard /
late submitted 10 Judge I.Aco'uh.. /
.. ..iaf - Dexter Osborn a Fleming I
....'.r- for Col Ladd an order Of con
'-~f...u obtaining the follow ing clause
..r' reserves Tor future dst-rm ma
...a .--rlons a. TO the rights and claims |
'.-...a NET "arA other Of al ne parties 10 'h~ 4
. .'. .'."ri aus-> and Of all he "r-ditor- !
-.. .ro'dsr- Of the Se~ lork 'tiy Rail !
..r.nv Anf % the Metropolitan I
10 Hallway COMPANY and of The receiv-
Pc . .-.i pmpanis- 9TH rs-p~rt 90 the 1
%. .- n' ,aId -et' srnenl ana any part \
s.s. sGi all questions a. to ne rish'- /
.-.r.. OF payment are Likewise %
'"- 'Ia net the approval Of every
.'s 'ruo-- med bat not until Eugene
''a--- sur Is counsel for COMMITTEES
' 10 -r.lders that failed u intervene
.. i-t'tinn litigation. had insisted
.' '." .r>.rtion - the words and stock
.....- q m" New York City Railway
many aud - IN. Metropolitan Street
70 r' .rrany
". . ~" a"o-ded 10 the Insertion %
- 1.-i- Nhar-upon the Court took
'." dor md the hearing ended The
- ~ AS crowded at the hearing.
a. -"d "-e deputy marshals - $50
.r. rfvsion arc~r IN getting seats
Doe ven rImored that the unusual
equities was present g. foreStall
20 move by thos. Interested N
situation IL ~ usual - have
'auIty marshal in court whom
... .... .rn" - On the bench
r- fH- cpuns.l ~ court who ar
ur1pus.Nd settlement IN add
.Hstn were Arthur " Masten
.., InIina and Robinson - the
~trro' Railway COMPANY,
'. ~ Byrne \ Cutcheon
rT-yi ania Steel Company.