The Coconino sun., September 01, 1900, Image 15

About The Coconino sun. (Flagstaff, Ariz.) 1898-1978

Image provided by: Arizona State Library, Archives and Public Records; Phoenix, AZ

                
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THE COCONINO SUN.
V
J
RECEIVER APPOINTED.
The Santa Fe & Grand Canyon Railroad in
the Hands of a Receiver.
Tliu financial troubles of the Santa
Fe & Grand Canyon Railroad Company
have been finally brought Into the
I'oiirt. On Monday a hearing; for an
application for a receiver and also for
an injunction restraining the parties in
po-scssion of the railroad from Incur
ring further Indebtedness in its opera
tion, was heard before Judge Sloan in
chambers at Preseott.
I'M waul M. Doe of this place and
Herndon ft Norris of Preseott repre
sented R. R. Coleman, the contractor,
and the Union Haul ware and Metal
Company. Mr. Doe also represented
the Saginaw & Manistee Lumber Com
pany, the .J. M. Dennis Lumber Com
pany, Arizona Central Hank, Poison
Brothers, MavSal.uian and Derbyshire
& Derbyshire. Neill H. Field repre
sented the firm of E. J. Post .fc Co. of
Albuquerque. T. J. Norton of the
Santa Fe Pacilic Railroad Company
represented the International Trust
Company of Boston. K. E. Ell in wood
represented the complainant, Thomas
Hassford.
On Tuesday .Judge Sloan appointed
R I). (!age as the receiver of the prop
erty. There wn no opposition to the
appointment, all the parties in interest
being satisfied with Mr. Gage.
The receiver was instructed to take
Immediate possession of the property
and of all of its effects. The receiver
is not to operate the road or incur any
expenses in connection therewith
without the order of the court, and
witli that exception is fully authorized
to manage and care for the property at
his discretion.
The receiver is further authorized to
forthwith examine into the condition
and surroundings of the property com
mitted to his charge, the possibilities
of Its operation without loss, and the
probable amount of business which
may be commanded in case he shall
hereafter be authorized to operate the
road under the direction of the court.
The receiver is further empowered
to received proposals for the operation
of the road without expense to the re
ceiver. All the parties In interest are satis
lied with the order appointing a re
ceiver. The expense of operation are
cutoff, yet if the Santa Fe desires U
operate the road it may do so, the re
ceivership being no great expense to
the holders.
Drs. Weeks and Williams, the Ameri
can Specialists, will leave Thursday of
next week for Williams. During their
stay here they have had the pleasure of
successfully treating many patients.
They have in every instance received
the highest praises from their patients
for the intelligent treatment given.
Tlie American Specialists are supplied
with the latest instruments known to
medical science, and are prepared to
safely perform any surgical operation.
It is the intention of Dr. Weeks at an
early date to open a large and modern
equipped sanitarium in Los Angeles,
Cal.
Moki Tea positively cures sick head
ache, indigestion and constipation. A
delightful herb drink. Removes all
eruptions of the skin, producing a per
fect complexion, or money refunded.
2.5c and SOe at W. R. I'M wards, drug
glot. 1
For Exchange Two fruit ranches in
Los Angeles Co., Cal., 18 miles from Los
Angeles, on the S. P. It. R. Want
Flagstaff property. For particulars
address W. H. Russell, Flagstaff, Ariz.
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