Show 1 i THE HE RE READING DI NG R ROAD A IN fN TR TROUBLE Appointment n nt of Receivers to Look Jook Aft S S lisa ha he Grunt Corporation I I The Reading Heading Railroads Railroad's property was WiS placed in the hands of ol a receiver on n the COth by J Judge Dallas Dala of ot lb Philadelphia The Fhe proe proceedings were brought by c Serma ex-Serma- Sena Senator tot tor tr Thomas C C. Platt Piatt of ot New ew York member of ofa a n board of preference rence bond bonds against the tho Philadelphia fc Reading Readies road road the tLe Philadelphia Philadelphia Philadel Philadel- phia Reading Coal Iron company and the Pennsylvania Railroad company for form form- Insurance In In- sura nee on lives and granting annuities The Thc receivers appointed arc are Archibald A. A Mc- Mc cLeod c- c Leod president of the company Chief Justice Justice Jus Jus- tice Edward M M. Paxon Pason of ot the tle Supreme C. C Curt Court rt and Elisha Elsha P P. Wilbur president ox-president elt ot ol the Lehigh Valley aley road Justice at once sent his hi resignation as chief justice of the Supreme Court ol of Pennsylvania to t Governor Gov Coy Pattison The security of each receiver was fixed at OO for which they are arc to t enter their own bond George L L. Crawford was t- t cd ed master matr A similar bill bI it is said eald will willbe wI be filed fed at Trenton New Kew Jersey President resident McLeod of the thc Reading railroad denied himself hImsel to tonI nil ci men but bat late lato in the afternoon oa announced Indirectly that h ho he would prepare a st statement of or the company's troubles George Harte Jr president of the finance the Pennsylvania and commercial commer cial elal agent of the thc Rending Reading said that the thc finance committee has from flom SOO oO to 10 lO- 1 worth of at Reading coal on hand upon which no advances have been ma made e. e This advance Mr M- liante Harte declared w was wa as e enough ough to t pay the tho Re Readings Reading's floating debt twice over When asked led the tle cause cause of ot the tho tle present present dim dim- culty Mr Earl Ear said it was due to e demanding hIs bis money at once which was unnecessary un un- ui- ui necessary for the company compau was wa able abe ae to pay its It debts debt S |