Suit to Recover Water Pipes
The Suburban Water Company of Bayonne, N. J., which seeks to recover 3,500 feet of steel pipes valued at $35,000, which were to have been used in the construction of a water line under the Kill von Kull, from Bayonne to Staten Island, N. Y., has applied to the Newark branch of the United States District Court for a special master to take testimony. The case was put over. The pipes were originally owned by the Hudson County Water Company, which went into bankruptcy in 1910 on the petition of a stockholder. The receiver sold the entire assets, including the pipes, for $550,000 to the Suburban Company. While the bankruptcy proceedings were pending a cross bill was filed by the Mechanics’ Trust Company of Bayonne to foreclose a mortgage on the pipes. Although the suit was carried through, the bank never took possession. The pipes have been in the possession of the R. G. Packard Company of Bayonne since 1905, when they were sent to it by the old Hudson County company for some work to be done on them. The Packard Company claims a lien against the pipes for $11,000 tor storage for eight years, and also on a balance of $2,400 of a $5,000 contract for work.