Article Text

in the ments. full "After however, out be to consultation, carry found of the aid inexpedient of without the plan it the details that for and the reason became court, for the pany company raflood necessary of New the Trust the Company which syndicate to has begin of recompanyment and ceivers, it pending ization. the friendly York, been aiding who suit should for the the the hold appointment . property Mercantile of United Trust States Circuit and operate plan for its that reorgan in applied view, to the District two of upon Maryland, been appointed, With company Court for its application the viz.: John Murray. the suit, however, of board directors receivers Cowen and Oscar WAS laid company, before passed nimously to K. "Prior to the below the a resolution conAuthorizing in fess jud mind Mercantile the for Trust Company it to by held that debt and the they unanicompany's the favor of amount the of the on company and nting consent the the proppassed a of members a for the plan preparing behalf due pointment The of the syndireceivers.com of at the same who the New have York been of the the without erty. resolu esolution the board, rehabilitation Toreclosure to of the any organmortgagewith ize power company to to or to add their associate number, for in the with them London of committee all the the of securinterests to the ity view and with a protection as holders, of the company its and affairs. in will this e gentlemen : to have of continappointed in security or of the "These and they will them have in presentation its for the object extinguis of the debt effort shareholders another to operate hich a Danishment of and the company floating of and the the new capital upon a finances company's officers of the of sity firm placing court, the the but upon demands to so deal "The and company board of stable the of basis. directors greatly regret and company of the the the neces- were with pressing of the subject impossiblethout granta readjustment ing the which from delay arises receiverof the the and ship propadministra a of trithe erty under orders judicial bunal. through spread the did persistent the rumors the effect Stephen that Little, company's the "The public press noted expert, report of the to the of accounting under syndicate port not of the confirm the officers February made 1, On 1896, without foundation. fully examination confirms made officers floating contrary, are entirely Mr. report Little's of the company 1, 1896, etc. income, whatever rumors of the There is heretofore no basis passing to the for such the public states prints.' that company in regard every through Cowen of the employes to the relief of the unobligation the preMr. department under of the company This order department, to its continued court fu cisely history tilled will der the be court's letter. under order, Baltimore the is company. and Ohio as it was of the d enterprise in rail- this The history of railroad o!dest chartered passenger the the oldest broken only then in the July 4, of the of country., is road Americarid. in It is and on the Ground signer 1828, was Charles by the No one railroad for the enterprise surviving Independence pendence, supposed it would horse rail. it Carroli Declaration of Carrollton Cary Anything be was but a the original to operations that Never to its name by which it the road. Ohio intention River, to-day and is the the name by which road was business Ellicotts miles. known christened. the 22d of May, from 1830, Baltimore The first was American passenger-car One twelve opened On for Mills, thirteen then used was horse feet leng. for eight milesar good passengers. tached, hour, this It then about carrying and American he twenty-five upon locomotive ever being pro- conThe first was tried Peter Cooper. ever structed the handiwork first of passenger railroad acting in the drew the steam upon any 1830), Mr. Cooper that pelled world (August by 28, is also recorded severely jammed the as engineer. Mr. It Cooper be set down as first hist railroad road was Novemthis histhumb, occasion which casualty may in history shington to The 25, 1835; to Ohio at June St. Lonis, 23, 1873. November The that August W. ber Va., 5, 1842; January to the 4, 1. 1853; 1857, and to to Chicago, had annound receivers for nouncement received appointed with time-honored lightningof dispidity, on the cussion to-night. and stitution been and spread was streets, the chief at the topic hotels and Ohio Baltimore darkness building, clubs midnight usually the of shrouded the sun, in Cowen was bril- and with the sinking and Receivers large group of liantly lighted, were the center engaged of in discussing In the interested Murray persons for the property. of the Garthe outlook several old only friends half successful the colgroup rett family, were who were misery over Garretts concealing their road, in largely which the interested, boasted of an in lapse of the very its treasury. and had undivided which been and but are surplus few years of millions ago in