The herald and news. (Newberry S.C.) 1903-1937, January 07, 1908, Page SIX, Image 6
SEABOARD RECEIVERS AP
POINTED.
Warfiold and Williams Tako "Oliargt
of tho Road?Judge Pritchard
Enters Decree at Richmond
Placing tho Proporty in
tho Hands of Two
Receivers.
Richmond, Va., January 2.?Judg<
Pritchard, Judge of the United Sta
tes circuit court, entered a dccree to
day naming S. Davdes Warfiold, ol
Baltimore, and Ii. Lancaster Wil
liams, of Richmond, as receivers t<
take immediate possession of tlie pro
perty of the Seaboard Air Lino rail
road. Tho bond of each was fixet
at $50,000. By (he decree the re.ceiv
ens are empowered to borrow monej
if needful to pay Such rental as maj
become due, purchase cars, trie., aiu
j>ay for labor and supplies, hut nol
for any other purpose wilhout an or
dor of the court having primary jur
isdictiou. They are ordered lo p,-^
forthwith all in.sl alnifnls and interests
thai were duo and payable dan
uary .1, notes or I nisi equip
mciit ccrt.ilienIcs and all coupons and
interest maturing -la iuar\ I, l"()8
'he lirsl mortgage bonds of fin
Seaboard Air l.ii.e, and embraced
roads such as the Raleigh and (laston,
Raleigh and Augusta Air LinOj
the Ceorgia-Carolina and the consolidated
mortgage bonds of the Carolina
Central.
The language of the decree regarding
payment of interest is that the
receivers "are hereby ordered to
pay forthwith all instalments and
interest t'hat wore payable January
J, .1008, or on any equipment notes
or equipment trust certilicates of the
Seaboard Air Line, or of all of its
subsidiary companies; and all coupons
and interest maturing, or that
matured January 1, 1!)08, on the first
mortgage, bonds of the Seaboard Air
Line Company, the Raleigh and (5aston
Railroad, the Raleigh and Augusta
Aiir Line, the Ceorgia-Carolina and
Northern Railroad, ^ind the .Florida
Central and Peninsula Company, an.I
of I lie lirsl consolidated mortgage ol
the Carolina Central a,id of the
Ceorgia, Alabama and Florida Central
and Peninsula Railroad Company,
and I lie lirsl mortgage bomb
ol tho I lorida West Shore Railway,
and the lirsl mortgage land grant extension
bonds of (he Florida Central
and Peninsula Company."
Tire receivers are dieted to borrow
money to make such payments
The receivers also are directed t<
lake immediate possession of all am
'.singular lire property of the corporation
in all states, and to cont<inu<
the operation of the rai'road system
and lo run and o urate toe said rail
roads and such other properly as i.
held by the corporation and in suel
manner as will in tlieiir judgnien
rproduce the best, results, and lo ex
ercise the authority ami franchises ol
the complainant, and lo conduct sys
tenia t if ally the business oceupalioi
of a common carrier of the passen
gers and freight. They also are or
dered to d'irecl and protect, the rail
iway property as il lias formerly beei
controlled, ko thai it. may be advan
itageously used and developed.
They are empowered to employ
and discharge ami moreover to fi:
the compensation of such employees
counsel. lawyers, superintendents
agents, etc., as are needed for I'm
discharge of their duties. In ropl;
.to inquiries by a representative o
it he Associated Press, John 1/. Wil
rilanvs & Sons, one of the partners o
which fiI'm John L Williams, wa
rntade one of the receivers, expressei
themselves as very well satistiei
iwith 1 ho situation, which they be
tlievo will quickly lead lo a complet
.reorganization of the management
land so enalble the property lo resum
its position in the upbuilding of tit
isouth. They view tho present ai
rangemenU as a union of the Wil
Hants interests in the system, whic
heretofore have been strongly a.tin
goni/.ed, and the preliminary step
'toward harmonious action for deve
Htpnient and the earning of profit;
The lille of the case, in which the dc
?cree is entered is: "Se-tboard Ai
(Line Railway Company, against th
(Continental Trust Company as trie
itce under tho first morlgajjo made b
ithe Seaboard Air Lino Railway, d<
(fondant."
The bill filed in the case gives
rtabulat'ed financial statement of tli
tSeaiboard earnings and charges o
ithe throe last fiscal years, includin
, its water lines and not including tl
(Atlanta and Birmingham Air Lit
(Railway, the Tallahassee, Pcirce an
Southeastern Railway, the Florid
J3ast Railway and tho Plant Cit;
Arcade and Clulf Railway, and adds
"It thus appears that while the i.
grease in gross earnings front open
lion for the year ending June
tl.000, over I he preceding year wj
i$l,598,076, the increase f r tire san
tjyoriod in operating exponsoa an
'taxes was $ I, 505, 8",.-,.8.'.. and while
'the increase in gross earnings from
'operations for tiro year ending June
5 30, 3907, over the preceding year was
$1,404,102.83, the incteaso in opera ting
expenses and taxed was $2,514, 559.93,
inure than $1,000,000 in vjx cess
of the increase in 'earnings.
The action of the court caused no
'surprise in Richmond, as it was
3 'known hero that the petition was
- (presented at Danville on the previous
- 'night and would certainly bo grant['
ed.
Messrs. Win. It. Byrn, of New
5 York, representing the railway and
interests; Samuel Untermoyer, of
j New York, counsel for the Continen,
't'al Trust Company; Judge Leigh R.
, 'Watts, of Portsmouth, general coun,
sol for tho Seaboard, and Hon. Eppa
I 'lfunton, .Jr., of Richmond, wont to
^ 'Danville Wednesday nibghl, me!
. 'Judge Pritehard and returned with
. 'him to Richmond today. The matter
r wits decided some time early in morn.
ing ,'mil Clerk Joseph 1'. lirady en'tered
tire decree 'shortly after 10
o'clock.
I 'I his afternoon Kdwin T. Baert,
;j.M\ counsel lur a committee of Ballii
more bondholders independent of the
| interests ivpVe.se.il led by Messrs. Wil liams
and Wartleld, appeared before
, 'Judge l'ritcliard and submitted a
'third receiver. lie urged no objection
to (ho appointment's already
'made, but asked that Gustavus Ober,
a Baltimore banker, be made n thirl
, receiver.
i ' In continuing the motion until
January 14 Judge Pritchard observed
that if another receiver was to be
appointed he thought lie should be
i -chosen by the court independent of
any suggestion from tire interest making
I lie application.
The bill in equity filed by the railway
company is a voluminous document,
and it sets out. in much detail
the reasons why receivership proceedings
.ire looked upon as necessary.
REPUBLICAN CONVENTION.
None of the Candidates Certain of
Nomination?An Open Field
So Far.
Washington, Jan. (>.? (Special) ?
The Republican National convention,
I when it meets in (,'hicagu o;i June
l(>, will contain 980 dele&mtes. This
number wtvs fixed when the Hepnblicaii
National committee mvt here in
Washington, on December (>, and al'
lotted two delegates to each of the!
territories. Kadi slate has two delegates
for every senator and representative
in congress.
It will take 191 votes, a majority,]
, lo nominate. None of the candidates
mentioned has anything approxiI
mating the number of vote;? necessary.
No delegates have been olectp
ed or even pledged by t.iie action of
party convention to Secretary Wil^
liani II. Tal't, except six from Alaska.
ami this number has been cut
down lo two by action of the national
commit lee. tlravo doubts are ont
tertained as to whether Tal't will get
a majority of the delegates from
Obi^ his own sit a to. The 54 votes
of Illinois, nro committed to Joseph
' <r. Cannon, and in addition, two d.dei
gates have been elected and instruct|e
1 lV|r hi in in the eighth Michigan
' district. However, under the call of
the national comnf.ittee, ti^-sc two
P delegates must be elected over again.
Vice President <J.harles W. Fair'
banks will get 30 votes of Indiana,
and Senator Lafollelite is oxpected
^ to havo Wisconsin's 2(> votes. Gov.
j Hughes of New York is far assoured
of tho 78 votes of that state.
(, Senator Philander C. Knox, of
j Pennsylvania, has tho C8 votes of
p that staite pledged to him by the unanimous
action of tho Republican
. -state convention, lie thus has more
l_ real, visible strength than any other
, candidate. His record in the Roosovelt
cabin* j. and in senate has ma.le
iS him strong in all parts of the eounI
try so that there are several other
. slate delegations that, consistently
van be placed lo his credit. The vast
i> majority of states are fighting tor^
rilorv for all the candi latos. Sena._
lor Knox's friends are actively vmy
gaged in laying his claims before the
* voters and they expect him to go into
Ihe convention with a formidable
number of delegates supporting him.
' From tire first tho Knox people, havo
j, refrained from any sort of pyroteehnical
politics and tho steady growth
^ of his strength is leaving a moro sub"
stantial impression than that of any
, other candidate.
d
la
y, "When They Aro Quiot.
Bohemian.
1_ F like lo go lo church.
0, w?y\
w Well, it's comforting to see a man
io keop a hundred women or so, quiet
t\i for an hour.
FAMOUS TRIAL.
Man Accused of Complicity in Goebel's
Murder Pleased With the
Outcome. /
Georgetown, Ky., Jan. 4.?After
'being out more than 48 hours tho
jury in tho caso of Caleb Powers,
tried on a charo of complicity in
the murder 0f William Goebel, today
reported for tho second time that
they were unable to agree upon a
verdict and were discharged by
Judge Morris.
This was the fourth trial of Powers.
Ia two of the former trials
Powers was convicted and sentenced
to life imprisonment and in tho
third trial he was also convicted and
given a death sentence.
I he, jury stood 10 for acquittal and
two lor conviction. Foreman J. L.
Price and J. \V. Henalcer, a juror
1 roin Harrison county, lreld out for
convict ion.
Powers was showered with congratulations.
JI o said:
'1F am pleased."
I her.' came near being an acquittal
today. M r. Ueuaker made a proposition
to Mr. I'rice to vote for acquittal.
Price held out, alth >H j;'ll a
sick man. Kcuaker thereupon 'said
lie would vote with Price, f'. .1. Marshall
first voted for conviction, but
soon changed. The jurors were great|
ly wrought up. There was much illfeeling
among them. After the verdict
was read in court tiwo of the jurors
shook Powers by the hand and
actually cried.
Judge Morris overruled the motion '
for bail, lie fixed July 0 as the date
for the next trial.
In, 'heir appeal for bail Powers'
attorneys pleaded ill health of the
prisoner.
Few criminal trials have attracted
more attention than has the case of
Caleb Powers, who eight years ago
was just entering on his term as secretary
of state when William Goebel,
Democratic contestant in the gubor-latiorial
contest then pendding before
the Kentucky legislature, was
shot and killed at Frankfort, lit.1
shot having apparently been fired
from a window of the executive office.
Powers was arrested and for
nearly eight years has been i:i various
jails in this state, part of the
time as a state prisoner and part of
tho time as federal prisoner. Poweis
was charged with 'being an accessory
before the fact and (lie open
window in his office has played a
laige part, in the various prosecutions.
T4or more than four years he
has not been brought to trial, his
ei.ses having gone through various
stages in stale and federal courts, including
the supreme court of the
TTnited Slates, which, however, remandeu
I tie case to the state courts.
I he present trial has continued for
seven weeks.
DRINKS POISON.
.Unknown Man at Little MountainGave
Name of Wade.
The State.
Prosperity, Jan 4.?-A well dressed
man got off the train at Little Mountain
Friday evening and went to the
hotel. ITe gavo his name as Wade
and represented himself as a soliciting
agent for the Seaboard Air
Line.
In conversation he said he was
v?iy much interested in the receivership
of the Seaboard Ai:- Line and
seemed wrought up about it. Not;
coming to breakfast the proprietor
went to his room about it >'clock and
found him unconscious with an empty
bottle containing some drug by his
'hed. A physician was called in at
onco and every effort is being made
to save his life. Tiioro was nothing
on his person to show "who lie is. Tie
had no money. On his hat band the
lame, "Dr. J. IT. Johnson" is cut,
tho same name being written with a
pen. I he bat had been purchased in
Greensboro, N. C. lie claimed his
home was Chester. Nothing is known
of him there, nor by the Seaboard
Air Lino railway. The physician
thinks he will be able lo save his life.
ITe has worked with him all day.
Tt was stated in this city last night
that a man was employed by the Seaboard
by the name of J. If. Johnson,
holding the position of fire
claim agent. This could not be verified,
however.
Daughtors of Confederacy.
I rogram for meeting of Drayton
Rutherford Chapter, U. I). C., Jan. 7,
1 AOS.
Roll call to be answered in tho life
of Jackson. *
Sketch of Jackson's life?Mrs S
B. Anil.
Numerous incidents connected with
Jackson's life?Mrs. A. T. Brown.
Reading, "'Stonewall Jackson's
Way."??Mrs. W. IC Sligh.
TRADi
CREATION
?TAe one
?
grear
remec/y>
for a// J
acAes ancf
M BpfWi y k i a n k *? |H Ksj
Rci"?'y- For aalo by nil druggl.ts |
I JSiwlJS ?Monoy refunded !f it fallato do all
| claimed. Nqau RkmbdvCo., noaloti,Man..U.S.A. I
At Wholesale Prices
Bananas,
Oranges,
Apples,
and all sorts of Fruits.
ALSO
Homemade
Candy.
no. UINT.
CHARLESTON & WESTERN CAROLINA
RY.
Schcd ' } in cfFjct NovcmVci'd, 1907
Lv. NewberryiC i\ <V \..) ,j>iu p. m.
Ar. Laurens 1 :,">2 p. m.
Lv. Laurens (0. & W. C.) 2:15 p. m.
Ar. Greenville 3:40 p. m.
Lv. Laurens 2:07 p. m.
Ar. Spartanburg 3.35 p. m.
Lv. Spartanburg (So. Ry.) 3:40 p. m.
Ar. Ilcndorsonville 6:25 p. m.
Ar. Ashevillc 7:30 p. m,
Lv. Laurens (C. & W. C.) 2:00 p. m,
Ar. Greenwood 2:56 p. m,
Ar. MeCormick 3:55 p. m,
Ar. Ai.gusta 5:40 p. m
Noto: The abovo arrivals and departures,
as well as connections witli
1 other companies, am p^ven as information,
and are not guaranteed.
Ernest Williams,
Gen. Pass. Agt.,
1 Augusta, Gr.
Geo. T. Bryan,
1 Greenville, S. C.
Gen. Agt.
i MARK
?D, J
Mr
TERED
For *
acuity-three vea
andard of the !
^ -.V^V f** ^ V
ssmvBBiKXBstEmsttKi&z&stfPBSieimjBS&iu&sm
Did time fisli gi
F? S? Hoys lei
Guano Co.
Start the
-:- E
Opening a G
Know how mi
Know for wha
You will find <
Books at the E
and see them ai
lection.
MAYES' Bl
NEWBE
mu
Queen Under !
whit<
COME MON
Skirts, Corset <
Gowns
Embroideries
40 in. Lingerie <
40 in. Sheer La1
White Waistings
Nottingham ant
Curtains 68c.
Linen Damask, i
Napkins to mi
Gi | Gi & I
3Y %
ash Account! 4
jch you spend.
V'
t you spend it.
a full line of Blank t
Book Store. Call j
id make your se- I
1
DOH STORE, t
RRY, S. C. r *
Muslins lead the '
2 sale.
DAY EARLY. ,
Covers, Drawers,
and Sets.
25c. yd.
Cloth . 16c. yd. i
wns . . 14c. yd. '
525andl21-2c.yd.
:1 Irish Point Lace
to $7.50 pr. pair, f
neat designs, with
atch.
?
V