said last mentioned date the bill of said MacKaye was dismissed on motion of complainant; that on April 13, 1896, an order was entered herein directing the said receiver to notify all the creditors of said company to file and prove up their claims, and in pursuance of such order and notice claims for labor and material to the amount of $328,986.64 were filed and allowed, among which was the claim of the Buda Foundry and Manufacturing Company for $9378, and also the claim of the First National Bank of Chicago for $1386.29; that in addition to the foregoing, the parties whose names appear in "Table of bondholders No. 1," hereinafter set out, proved up before the master their first mortgage bonds in the number of bonds set out in column 2 and of the face value set out in column 3; that each of said bonds was dated August 25, 1892, payable January 1, 1894, and bore interest at the rate of seven per cent per annum after date, as evidenced by two coupons, one for $60, payable July 1, 1893, and the other for $35, payable January 1, 1894, attached to each bond; that all of said bondholders paid their subscriptions to said bonds on or about the date when the installments thereof became due, and that said bonds were delivered by the Columbian Celebration Company to said trust and savings bank, trustee, and were delivered by it to said subscribers; that said bank certified on all coupons maturing July 1, 1893, what sum each of said July coupons should be good for; that the sums so certified on said coupons are set out in column 4 of "Table of bondholders No. 1" after the names of said bondholders; that said bondholders accepted said bonds with said coupons attached and so certified and acknowledged, the amount so certified to be the amount which should be paid; that interest should not be allowed on any of said bonds subsequent to June 10, 1893, (the date of filing this bill,) and that interest at the rate of seven per cent per annum on the full value of each of said bonds from June 10, 1893, to July 1. 1893, should be deducted from the balance due on said cou

pons maturing July 1 as said balance was certified by said bank; that the amount set out in said column 5 of “Table of bondholders No. 1" is the amount allowed by the court to said bondholders for interest on said bonds to June 10, 1893, and that the amount set out in column 6 is the total amount of principal and interest allowed by the decree to said bondholders; that the claim of each of said bondholders to the amount as set out in said column 6 is allowed, but payment shall be made on said claims only as hereinafter decreed:

The court further finds that in addition to the bondholders whose names are contained in the above table, the parties whose names appear in "Table of bondholders No. 2," hereinafter set out, are the owners of first mortgage bonds in the number set out in column 2 of said table and of the face value as shown by column 3; that each of said bonds is dated August 25, 1892, and was payable January 1, 1894, and bore interest at the rate of seven per cent per annum after date; that said persons whose names are set out in said table paid for the bonds for which they had sev

erally subscribed but failed and refused to take said bonds from said trustee, although entitled to do so; that the said trustee did not certify on the coupons attached to said bonds and maturing July 1, 1893, the amount for which said bonds should be good, but that said parties are entitled to interest at the rate of seven per cent per annum from the date when payments were made for their several bonds, up to June 10, 1893; that said interest to which each of said bondholders is entitled is set out in column 4 and the total amount of principal and interest to which each bondholder is entitled is set out in column 5 of said table opposite their respective names, and that the claim of each of said bondholders is allowed for the amount set out in said column but that payment on said claims shall be subject to conditions hereinafter imposed:

The court orders and decrees that as soon as each bondholder whose name appears in the above tables shall have paid to the said receiver such sum as this court shall assess

against him by reason of the fact that such bondholder was or is the owner, holder, transferrer, assignor or assignee of unpaid stock in said company, then, and not till then, shall said bondholder be entitled and shall share pro rata with all other creditors of said company in such fund as shall be collected by the receiver and in the assets now in his possession, in the proportion that the amount of the claim of said bondholder shall bear to the total amount of all claims herein allowed; that said bondholders shall not set off their claims as bondholders against their liability as stockholders; and the court finds that the claims allowed herein exceed the total amount of stock, at its par value, which is or has been held by stockholders over whom this court has jurisdiction; that all of the capital stock of said company is unpaid, and that it is necessary to require all stockholders to pay the sum of $100 on each share of stock held by them.

The court further finds that the defendants whose names appear in the following table of stockholders were among those who signed the subscription for bonds of said company; that they subscribed for the number of bonds set opposite their names in column 2 and paid for said bonds in full; that prior to such payment the said company had deposited with said trustee the number of bonds so subscribed for and a number of shares of the capital stock of said company of the par value of $100 per share, equal in par value to the par value of said bonds; that at the time of the payment by defendants for said bonds the trustee delivered to defendants the number of bonds set out in column 2 and the number of shares of the capital stock of said company as set out in column 3, and that said defendants are still the holders of said stock and that all of said stock is entirely unpaid; that the several defendants are liable thereon, as holders, for the full face value thereof to the amount as set out in column 4: