. The street railway review . o the amountof over $35,000. There is now due the city for pavingduring the years of 1S95 ^^ 1S96, $7,250, which the com-panj- refuses to pay, and the resolution was offered to for-feit the companys rights, privileges and authorities afterit had been given 30 days notice to pay the citv the Three days later the Hoston Deposit & Trust Company, whichholds the property of the railway company in trust for thebondholders, agreed to pay the claims of the city and askedthat receivers for the road be appointed. The court appointedreceivers and the sheriff put them in poss
. The street railway review . o the amountof over $35,000. There is now due the city for pavingduring the years of 1S95 ^^ 1S96, $7,250, which the com-panj- refuses to pay, and the resolution was offered to for-feit the companys rights, privileges and authorities afterit had been given 30 days notice to pay the citv the Three days later the Hoston Deposit & Trust Company, whichholds the property of the railway company in trust for thebondholders, agreed to pay the claims of the city and askedthat receivers for the road be appointed. The court appointedreceivers and the sheriff put them in possession on the 34th ;at the same time the city was temporarily restrained fromtearing up the tracks. The last move of the company is the most important; anappeal was taken from the decision of the Michigan supremecourt to the United States supreme court, which granted awrit of error, citing the circuit judge to appear on OctoberI ith. This may result in tying up the lines until final set-tlement. Meanwhile the people THE CIRCLE, FIFTY NINTH STREET AND EIGHTH AVENUE, LUUKINCi NORTH. amount due for paving, and on^thc failurc^to^pay the same,the city would forfeit its rights, privileges and companys bill sets up the fact that it has not paidand cannot pay on account of the financial panic that hasexisted for the past two years. The city filed its answerand the matter was heard Vjy IJyron A. .Snow, circuit judge,and the injunction asked for was denied. The companythen petitioned the supreme court for a restraining order andalso for mandamus to compel the circuit judge to issue theinjunction. The supreme court issued the restraining order, hut onJuly 13 denied the application for mandamus, holding thatthe insufficient earnings of the company is no legal excusefor its failure to comply with the terms of the contractbetween it and the city. On July 16 the city caused the tracks leading from the carbarns to be blockaded and stopped the runnning of all cars. RAILWA
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