The New York herald., 1921-02-10
.S4,OOO,OOO DUE IN
DAMAGES UNPAID
Continued from FIRST pooe.

GOO One, lad who had lost both legs.
had hoped to receive something with
which he might make a start toward
educating himself TO be supporting
"Ihat Judgment" said Mr.. Felten-
stein. already is two years old, and
unless something is done speedily by
way of remedial legislation this de-
serving boy is likely TO become a charge
upon the community. law should be
passed making tort creditors Of bank
rupt corporation a first lien upon It's
assets. taking precedence of mortgage
interest creditors and most other liabili-
ties" The speaker praised the position
OF Gov. Miller toward the whole transit
problem.
Other speakers were Charles Steckier
and Joseph l. Green. former Justice OF
the City Court.
Organization was effected with these
officers: Lyman A. Spalding, perma-
nent chairman; Samuel l.. Chess. secre-
tary. and Jacob Walz. treasurer.
The following preamble and resolu-
tions were adopted and copies were or
dered to be sent to Gov. Miller, to the
President of the State Senate, to the
Speaker Of the Assembly and TO Judge
julius NJ. Mayer of the United States
District Court:
Whereas. the transportation sy ystems
of Greater New York have in substantial
measure been the subject OF legal pro-
ceedings In the form Of receiverships,
owing to the alleged insolvency of the
various constituent elements thereof.
and
Whereas, such financial impairment
of these transportation companies has
operated with disastrous consequences
upon tort claimants and litigants. consti-
tuting in number about 10000 and In
volving In money about $4.oo0,o0o. and
Whereas, such tort claimants and
litigants have been and still are the
hapless and presently hopeless victims OF
distressing physical infirmities as a re-
suit of accidents arising out of the
operation of the said roads, that include
loss Of arms. of legs, of eyes and OF
other faculties. while many have suf-
fere1 complete paralysis Of their bodies,
and in about $50 cases death, and
Whereas, the physical inflrrnities Of
these victims have wholly or in part
incapacitated them from pursuing their
usual ,vocations and from maintaining
themselves or members of their families
who were and are dependent upon them
for support, and
Whereas. included among the class
of dependents are widows and orphans
whose instant ulStreSS must be relieved
at the pain of becoming public charges,
and
Whereas. 1t Is. in the name of the
rublic welfare. imperative that with
out delay means be evolved for the re-
lief Of this distressed and unhappy class
OF citzenry. and
Whereas. Judge Julius NJ. Mayer of
the United States District Court for the
Southern District OF New York, before
whom the said receiverships are pend
ing. has repeatedly. publicly and with
emphasis declared from the bench that
justice and equity demanded the prompt
LIQUIDATION and discharge of the moneys
owing to these unfortunate tort claim
ants and litigants. now. therefore. for
the better effectuation OF the avowed
purposes of the District Court in aid
of tort claimants and ltigants and to
the end that justice may be done, be II
Resolved that the Legislature of the
State OF New York be petitioned to pass,
with all possible expedition consistent
with efficient legislation. such act or
acts affecting said insolvent roads as
will tend to mitigate the appalling situ-
alton hereinbefore recited either through
the securing by the insolvent roads OF
funds that shall be applicable. among
other things. to the prompt discharge
of the aforesaid tort obligations, or
through such other or further means or
methods as. in the wisdom of the Legis-
lature. may be deemed just and ex-
pedient"