The Yakima herald. [volume] (North Yakima, W.T. [Wash.]) 1889-1914, 1895-10-24
SHOW CAUSE ORDER.

In the superior Court of Yakima County, state
of Washington.
Cataract Bank of Niagara Falls,
N. Y, Plaintiff,
The Yakima Irrigating & I'm
proyement Company, Defendant
erty ana assets OF the defendant corporation here
in has filed his petition In this Court, praying for
an order authorizing aud directing him, as such
receiver, to sell all the property and assets of
the defendant corporation TO a committee OF the
stockholders Of the defendant corporation, on
the following terms and conditions, to-wit:
Such sale to be made subject to the liens. of
the Judgment, mortgages and deeds OF trust now
on said land aud assets, and subject to all In
cumbranees on said assets and property, such
ckholders' committee to pay therefor, subject
TO the liens and incumbrances aforesaid, the
sum of fifteen thousand five hundred dollars, to
be paid as follows: said stockholders commit
tee TO turn over to the receiver, with a release
and satisfaction in full from the creditor of all
such unsecured claims against said corporation
defendant. as such committee may be able to
secure. and which may be established as valid
and subsisting obligations against said corpora
ton defendant. the same to be applied on such
purchase price OF fifteen thousand five hundred
dollars in the proportion that said purchase
price Of fifteen thousand five hundred dollars
bears to the entire unsecured Indebtedness
ON a fnal settlement and adjustment
Of all such unsecured claims to the
end that all such unsecured claim ants
may receive an equal percentage on their
respective claims The balance of said fifteen
to be paid in cash on ten days notice of the
amount thereof after final settlement as above
stated. all unpaid taxes up to and including the
taxes for the year A. ID. 1884, TO be paid in full
out of said sum of fifteen thousand five hund-
red dollars, and
WHEREAS, il appears to the court that said
receiver has taken the oath prescribed by law
aud has filed with the clerk of this court a bond
as heretofore directed by the court. Now, there
fore, IL is considered, ordered and adjudged that
the order heretofore made appointing said re-
eeiver be and the same Is hereby made absolute.
IL is further ordered that all persons interested
In said corporation defendant whether as cred
itors, stockholders or otherwise, appear before
me at the court house in the city of North Yak.
ina, county of Yakima, state of Washington,
on Wednesday, the 9th day OF November, A. d.,
1895, at the hour OF 10 O'Clock a. m to show
cause, If any they have, why such sale should
not be made.
Ii Is further ordered that at the time and place
aforesaid all persons having claims against said
corporation file the same with the clerk of the
above entitled court, with necessary vouchers
In support thereof, to be approved or otherwise
acted on by the court.
1t is further ordered that copy OF this order
be published in The YAKIMA HERALD, u news
paper published and printed in said city Of
North Yakima, once "A week from date hereof
until the time fixed for such hearing, and that
the receiver above named mail a copy of such
order SO published, forthwith after publication
to each and every creditor of said corporation
defendant at his or their postofice address SC
lar as the same may TO such receiver be known
Done in open court, this 18th day OF Oct, 1895
1913 CARROLL b. GRAVES, Judge.