Norwich bulletin., 1915-06-12
RECEIVER ALLOWED TO
 COMPROMISE NOTES
At Superior Court Short Calendar Foreclosure on Broadway Property.

At the short calendar session of the superior court here on Friday morn Ing 36 cases were on the list before Judge Gardiner Greene, but a large number of them were postponed.
 Foreclosure was granted in the case of the Norwich Savings society ys. estate of Charles w. Briggs, ct al Charles R. Butts. treasurer of the Saw ings society, said the bank held an $S,OO0 mortgage on the house on Briggs. with $511 interest and S29S,70 in taxes due.
 Archa w. Colt testified that the house Is worth from 10,O0O to S11 600. There is a second mortgage on the place, but that matter was not pressed
 Answer or other pleadings in two weeks were ordered in the case of Scranton vs. Thames River Specialties Co.,, argument of motion for more specific statement
 An allowance of $35 to defend was ordered in the case of Perry vs. Perry.
 Foreclosure in MontviIIe.
 In the case of Yardowsky vs. Roz- ensky, ct al, foreclosure of mortgage in the sum of $778.S1 was granted on 40 acres of land and a house in Mont vile.
 In the case of Fenton ct all vs. Fen ton Building company an order allow ing claim of Norwich Industrial In- provement corporation against the de- fendant, the Fenton Building company, and order for payment of costs as a preferred claim, was granted.
 Pequot Account Accepted.
 The annual account of Charles L. Stewart, overseer of the Eastern tribe of Pequot Indians, was accepted and the overseer was reappointed.
 Teh application of Capt. Silas M. Marsters of New London for appoint ment as pilot was granted. Captain lowed the seas for 25 years and had been around the world several times.
 In the case of J. C. Morgan vs. Hun tington and others two weeks were allowed to cite in Fred L. Colwell Jr, Marjorie D. Colwell, Fred L. Colwell1 co-defendants.
 Compromise of Notes Allowed.
 Receiver Browning represented tc the court that among the assets of tn ( Thames Loan & Trust Co. were a $2, 300 note of John Manwaring, Jr and a $500 note of H. L. Tower to John Manwaring, Jr. The receiver had ire ceived an offer from L. B. Brock ett for $55O for the Tower note and he was allowed to assign the note and credit the $550 on the $2,300 Manswar ing note.
 Receiver Browning was also. allowed to compromise for $1,5O0 two notes of H. V. Ham of Providence. One was for $1 900, on which $4O0 had been paid and was secured by 25 shares of com mon stock of the U. S. Finishing Co., The other was for $3,00O on which $500 had been paid. This was secured by 30 shares of the c. P Darling Co.,, which has paid no dividends; since July, 1912.
 Norwich ConstructiontCo.! Notes.
 Two notes of the Norwich Construc- Sassetsa ya.-loirdeurQidng SIR ADD ton Co. of $5,OO0 and $I0OO and 100 shares of it's capital stock of the par value of S100 were allowed to be com promised for $3,4S179. They were also among the Trust Go. assets.
 Robert w. Perkins testified that the company was formed of five local and out of town banks
 United Railways Notes Shrink.
 Permission to compromise seven notes of the United Railway company was given. They are Class A notes that total $53, ,1S9.91. For them $Ss948.4O will be received.
 MT. Perkins testified that this was about 25 per cent. of the claim and {t was about all that could be obtained The Class A securities of about $35,00O are worth 25 per cent, but there is no value to Class B securities that made up the rest of the large claim.