New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1917-09-21
ELY REMOVED
AS RECEIVER OF
N. M. CENTRAL
JUDGE HOLLOMAN APPOINTS
COL. RALPH E. TWITCHELL
AS SUCCESSOR; ALLOW
ANCE MADE FOR SALARY
AND EXPENSES

nAND 1A4 1NACG0
Ralph C. Ely, receiver of the New
Mexico Central railroad. was re-
moved Saturday, afternoon by Judge
Reed Holloman, presiding in the
First Judicial District courts The
removal was after an extended hear
ing in which great deal of evi-
dence WAS submitted The petition
ers for Mr. Ely's removal were rep
resented by Francis c, Wilson. Of
Santa Fc, and Col z. w. Dobson,
# Albuquerque Frank W. Clancy
former attorney general, of Santa
Fc, appeared for the receiver.
Col Twitcholl Naw Receiver
Col Ralph f. Twitchcn, Of Santa
Fc, was appointed by Judge Hollo-
man to succeed Mr.. Ely as receiver.
Col, Twitche'l filed bond early this
week and took charge of the pro-
Derty.
The courts order of removal allows
the retiring receiver the sum Of 9o770
for his services. and an additional
allowance of $275385 for expenses
/, made The total Of Receiver Ely's
Withdrawals from Dee %, 1914. when
he was appointed. until last Sat,
urday, when the order for his re-
moy3l was signed, was SIS 585L43. The
excess of the Withdrawals over the
amount authorized by the court is
$6,3275S. This amount the retiring
receiver has been directed by the
court to account for within period
Of 10 days An allowance OF $500
was made by the court order for
attorneys fee for General Clancy.
Salary And Bond Fixed
The salary for Col Twitchell, the
new receiver, is fixed at $1,000 a year,
with no additional allowance to be
made for legal services, except by
special authority of the court The
bond of the receiver is SIS 900 Col
TWitchell is one of the pioneer cit
liens of New Mexico and is widely
known as speaker and historian. .
For number of years he has been
a member of counsel for the Santa
l'e system.
From the courts findings OF fact
the following is taken:
That since assuming the duties of
receiver said Ralph C. Ely has
drawn and expended Of the funds Of
'7il receiYershIp, the sum oil $lo,-
H7i.'5
Auth ority OF Court
"That the drawing and expending
Of said fund.- was without authority
o. this court except as to those
amounts hereinafter found to be pro-
per expenditures and approved.
"7h,t said Raloh { rrv has fi,cd
in this cause an expense account
.hoving the items ri expense c'aim-
.' as srch receiver up TO and in
cluding August II, 1917, which he asE-'
'd 10 be charged against sald re-
..E,, EgI'I''P III inc amount o' F'(''",
Nv '"1 .'''
81 nav zee" leu ~ P'
'"lCI 10 ''.g 1'"' a''N H3nc VICE
t "y s''' .'''''r'
mat no EVIDENCE mas been miro
luced tending to show the purpose
y necessity lor drawing the balance
i Jlc money so drawn IN the sum
1t S9SS6 80
nat since the appointment OF
;aid Ralph {, ltly as receiver he has
pent the amount mentioned IN tind- :
ng No. 4, S2/358o IN conducting and +
operating said road as provided and ,
Irected IN the order OF appointment
ct out III tlndlng No. Z
That since said appointment as. re- J
'eiver, said Ralph G. Ely has been '
Engaged in divers promotions looking
o the purchase OF the bonds from I
he present owners and looking to I
he ultimate sale OF said road. c
"That said Ralph c. Ely has spent I
n work set out in finding No. l0363 I
laws of the time since his appoint i
nent as receiver. {
,romot;on No, Ope,.,;on t
..,rr-. a.. c
!, ;, n"t 81 'ie amount elaii'eu py (
u" Sa'u ~: N I>pehS'' as c
'u, 'sn,,13 "a ilnui"s w. " my sum suni
'o'r - Wds eNpIluSu III cruefNui W
nt ~ pi 3'i.p'e .p 'nc pun LAS VI 'te s
'oIlus anu tnt sd's oI ,ne ,oau aS +
et OUT III lliluihe NO. w. ana III en t
lea,o' o'lns ~ pLopeiiy liiS',u Iinlstil +
nc wouiu know now 10 p'opeiy @
pera'e the roau as reviewer la
That the various attempts OF said b
Ralph L. Ely in endeavoring to pro- 10
note the purchase OF said bonds and n
he sale of said road as set out IN @
hiding No. lO, and the expenditure i
~ raN