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Show MOT Foreclosure Suits Brought in East Believed to Be the First Step. Spf-elu! lo Thr Trlhune. NT. UilMH, .lulv 'JS. W'liat is pfii.l to bo Hie 1'irM sti'p 111 tlie j.ruhu:-,;!! of tins slate of California lo buy the Wet-.tern Pacific railroail, liicli wum eonni nn-te.t by tlie (inublrt hh t!ie final western link in a t raiiM'on I inental line, but which defaulted in the intrrc-t on us bond iHUL' o' alu-iit ,riii,iibii(b'Hi, wrii tnken today, to-day, when two Mifi:j were filed in tin MijU'Ctne court Hjailit l.e Western l'a-citic l'a-citic to recover more tlmn l M,iil;0,J'0. 1'ho units nt'rt brought by the New Vorl; Tnit-t company an Trusteo under an nd-jntment nd-jntment mortae of tlm I'enver & liio (frHiide railroad, dated May 1, and the papers were s'-rved on'K. T. .letl'ery, 1-hnirmtin of tlie Wtern 1'neifie in New VnrU. Jn one, auit, in which a judgment fur $M,0!H);()0.rj un-I iiit.erent iV asked, the, com pi unit sl.il tot t lut t t hn Wesrern Pacific, Pa-cific, a California corporation, for value received, executed its promissory notes in M ay, 1 Lt I 'J, and MibMMiieiitl y to the I )cn ver & K'io ( ir.'i tide ra ilroad, which indorsed thrni and turned the notes over to the New Vurk Trint coin pa n v for value. The lareM note wn for .lI,7.""J,-'.).", .lI,7.""J,-'.).", and tflH eveciite.l M(iy 1, J'.M'i. w 1' lie the mti filler notes, the In rcp'-t of which is n.ii.". I.L'-.'t, were exe-uted later. In the f.-coud soil for iM ..'i7.",oin, only a miiu:iioi:s was tiled, bi.t it is nid tliat tlie hiiit in to recover jutere-Jt on bonds on which t he Witern J'fu-if i has de-laulted. de-laulted. Th-"1 fir.-r furestion thnt iho WeMein I'.'fi'ic bci'fiifie the projierty of the state nf iililiuiiia was made lust March after the nuoi had defaulted on its bonds. Rudolph Ru-dolph SpreM'.eN. on of the largest liouii-holder., liouii-holder., became interested in the proposal pro-posal and. v. rut to New York to consult the bankers who w'-re the larjjet creditors cred-itors nf t lie road. That t his 1 ate was able to purchase nn inters! rite rai'rortd wiif nnt uiiestioned, and it was pointed nut t hat the Mate was serious in the su- e io?i. |