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RECEIVERS APPOINTED FOR LARGE CONCERNS. Big North Carolina House, Bal= timore Bankers and Georgia Roads Default Interest. BALTIMORE, Md., Feb. 4.-Late last night Judge Gorter appointed Joseph Packard and Edwin B. Baetger receivers for the firm of Wilson, Colston & Co., bankers. The assets are roughly estimated at $870,000, and the liabilities $955,000. The firm is largely interested in Southern securities of various sorts, and its embarrassment follows the recent depression of these. ATLANTA, Feb. 4.-S. F. Parrott, vice-president of the Georgia Southern and Florida Railroad, was this morning appointed permanent receiver for the Macon and Birmingham Railroad by Judge W. D. Ellis of the Atlanta Superior Court. The petition for a receiver was made by the Old Colony Trust Company of Massachusetts. The Macon and Birmingham extends from Macon to LaGrange, and has a total of 105 miles. Receiver Parrott is ordered to continue the operation of the road. ASHEVILLE, N. C., Feb. 4.-The Whitney Company, a $10,000,000 concern operating about 30 miles below Salisbury, was today placed in the hands of a receiver by order of Judge J. C. Pritchard, of the United States Circuit Court. Colonel John S. Henderson. of Sallsbury, a former member of Congress from this State, was named as receiver. The application for the appointment of a receiver was made by A. O. Brown & Co., of New York. The company was building one of the greatest power plants in the South, and had nearly completed the work. It was expected that the plant would be practically complete and ready to distribute power by July 1. The receivership was brought about by the inability to meet interest and principal on notes and bonds and because of threatened suits from creditors. A. O. Brown & Co. was one of the largest creditors of the concern. The members of the company ...e Albert O. Brown, G. Lee Stout, Lewis Ginter, Edward F. Buchanan, Samuel C. Brown and Walter Rhen. Colonel Henderson will immediately make boad and take over control of the work. Colonel Henderson said today that work would proceed without interfe:ence or hindrance, and all efforts will be made to complete the plant at the earliest possible moment.
