Show NOTE ISSUE AUTHORIZED Court Grants Hequet of ur Rock Ioel Inland Over Oer Objection I IJ by Attorney Altor- Altor ney DC for tor Stockholder Chicago June 28 8 28 Judge Carpenter r rIn In the United States district court tilts this afternoon authorized d the tiu Issuance by receivers ers for or tile the Chicago Hock Rook Island Pacific Railway company of or 2 2500 OO- OO r 5 per cent receivers receiver's to take care of or interest due Jul July 1 on underlying un denyIng bonds Attorney Samuel Im I'm el representing representing the Amster committee opposed the issuance but in the end professed satisfied with written writ writ- himself a proviso pro ten teti into lute the order ordel to the effect that none of the should be bo used to to pay interest lIt on other obligations unless the tho court was as satisfied that the earnIngs earnings earnIngs earn earn- ings of the road load yere equal to the burden burden bur bur- den and could be legally applied The Tue burden of ot Mr Ir contention contention contention con con- was waa that the roup ld n fl or of financiers are arc seeking to minimize the earning power of the road Toad which he said wan wal never better with the ul ultimate ultimate ul- ul 1 purpose of ot buying In a rich property at a bargain |