Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1915-01-02
MURRAY CONFERS
WITH OTHERS ON
FATE Of N. NJ. c.
Recently DepoSed Receiver of
Property Comes From Pitts
burgh to Discuss Situation
With Local Men,

Though Information az TO actual
proceedings WIS very scarce, FOR OBJ
vious reasons, II n understood upon
excellent authority that action was
taken al conference Of men interest
ed Ia the New Mexico Central sys-
TEN last night at the AyaradO hutcl
which will have large share IN de-
termlnng the fate OF that road. Al
the conference were G.. &, MURRAY,
erstwhle receiver of the road; COL.
willard =. llopcwell Of this city Judge
Edward A. Mann q gentleman said 10
represent The Santa re railway sys-
TEN, and possibly one other. Mr.,
Murray made tho trip from Pittsburgh
for the purpose Of attending TINS con-
ference. Il was learned.
When approached for statement
az to possible results of his visit here,
Mr.. Murray said. ''@i'I0sHsr ~ ass
However. there Is good gf0dnd for
the statement that the matter OF OPP
posing the recent appointment OF
Ralph G. Ely of Demlng, to the re-
cclvership. by Judge r. G, Abbott OF
the First judicial district, was DIS
cussed and a course OF action settled
upon. Judge Abbott, IL Will be re-
mcmbercd. appointed Mr. Ely receiver
u few DAYS ago, stating that he dld 80
because under It's former management
the New Mexico Central had been al
lowed 20 dcteriorate and tOgcncrally
reach an unsatisfactory ana unprofit-
able condition.
There has been much talk about
the fate Of the road, and u WAS more
than whispered that the coming ses-
sion Of the legislature would be asked
a.. f4f h.. 4. - Ia la "a
system and operate II for tho benefit
OF the section 1t serves ! was also
stated in certain quarters that the fed
cral government through the Inter-
state Commerce commission, was
about to take a hand IN the roads
on the ground that further
operation Of the line IN its present
condition was unsafe
A member OF last nights conference
stated that 1t might be- decided to OPP
pose the appointment of Nj Ely. but
that on the other hand, the bundhold-
ers' committee might determine 10
buy the road in, which would. "of
course. settle all receiyership busi- |
ness Il IL learned upon responsible
authority that the b0ndholdcrs' COM
mittec has considered this step. How |
ever definite information as to what |
the conference aid and what the men |
II represents are going to do Is stu |
"a trifle more scarce than hens teeth. |
Meanwhile. Mr. Ely has taken |
charge of the road and made "A few |
minor changes
II IL worthy Of remembrance that I
there was representative Of the /
Santa re system al the appointed /
place for the sale OF the road the /
last time that matter was up--and ud- !
iourned qualified to bid the sum of |
81, 100000 or any lesser amount for
the property
Il was learned from an unqucstiou-
able source TINT the naming OF Mr.
I3ly had pat AN end Go negotiations be.
Ing carried on by gentleman inter-
isted IN the road FOR assuming It's
control ana management.
AZ the close of the conference Mr..
Murray reiterated his refusal to be
luotcd on any matter related 80 the
New Mexico Central or his counec
Ion with u but others stated that
here would probably be something
FOR publication Monday
There be- nothing 10 do but discuss
hings aud determine on a course,
'uid one of those present