OCR Text |
Show CANNOT DECIDE ROAD OWNERSHIP Kansas City, Mexico and Orient Ori-ent Railway Tied Up in Litigation. Kansas City, Oct 31. The question ques-tion of ownership of the Kansas City, Mexico and Orient Railway cannot be settled and the reorganization of the company completed until the conflicting con-flicting claims of tho bond holder and the construction companies engaged en-gaged In finishing Ihe road are straightened out. This decision was made today by Jiidge John C. Pollock of the federal court in Kansas City Kan Judpe Pollock appointed Clifford Clif-ford Histed of Kansas City. Mo special spe-cial examiner to Investigate and submit sub-mit proofs of the claims of bond holder? and construction companies The Orient company went iuto the hands of receivers in March 1912. The federal court appoluted separate sepa-rate sets of receivers for the company's com-pany's properties in Missouri and Kansas in Texas and Oklahoma and in Mexico. In all eleven receivers have charge of the property About 800 miles of the railroad are in operation oper-ation and said to be paying expenses. The remainder of the road is In process pro-cess of construction Judge Pollock last June began an effort to settle claims aga'nst th" road In order that the property might be sold, the company reorganized or th receivership receiver-ship Otherw Ise llltr rl Until Mr. Illsted has made his report re-port no further action will be taken, Judge Pollock said. oo |