OCR Text |
Show The Eric Railway. New York, 8. Judge Donohue today to-day granted an order sanctioning the conclusion reached by the English Btock and bondholders of the Erie railway sent over to confer with Ke-ceiver Ke-ceiver Jewett. These conclusions are that the bondholders, whose interest ia in arrears, should have a voice in the expenditure of the net earnings and that the foreign stock and bondholders bond-holders should have some representation representa-tion in the board o( directors, and that the receivership be terminated as soon as possible. The court authorizes au-thorizes the receiver to take such measures upon this basis as bo deems advisable. |