The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-05-15
WILL SOON BE SETTLED.


annomeopa Over Standard MIN Co., o(
Kirkland. Coming to an End.
0bnsk T. Curtis, receiver OF the Standard
81 Company. of Kirkland. filed his final
anoff IN the superior court yesterday. The
r11anout y concise. yet clear. and puts
- the receivers actions since his APP
er1n1usnf on December u. Iso4. IT which
- hi bond was filed and approved. A
onnasss Inventory Of all the real and per-
oo61 property Of the mill company was
- I'D. together with q statement Of
~ assets and liabilities OF the company.
= shewn upon their books. Under order
4 earl, February Is. 1886. was the TINA
- pgl1 70 which all claims and demands
eGninet the company should be filed with
- focelver. In accordance with this or
- ~ receiver fled report On February
= GhDgtn1 this total amount Of claims
~ approved and accepted by the re-
} U1Vw TO - 81, 6. and on March Z. un-
~ Oncial order Of the court. claims Of
- ooatt1e, Lake Shore 4 Eastern rail-
~ = Mn. and the Puget Sound Ma
onnal bank Of Sizs were also fled and ac-
slvasl which. added TO the amount oriGl-
~ 11ed, made total Of &l&lk&0o. OF
~ onouns Bile was secured by . real
01n1D and chattei mortgage. covering the
011Rs RAJ and personal property OF the
Man1nrd NH Company ~ Kirkland In
6yw u =. w. Andrews. MORTGAGE
3h9e was also hied, approved and ac-
0D1e4 By the receiver. a. preferred labor
Gn1Ha GQZ. The undesirable location Of
~ liant Of the Standard NH Company
UUSoatod itS successful operation under
u1DQ1ng conditions. and as tho mortgage
= ~ plant Was moro than q year past
- ths mortgage decided to forecloss the
- ndGment was secured In his favor
= Juns q and the property ordered sold
munfy the same. At the time Of the
~ there were no bidders present. except
~ nortgAgce. and the entire property
- eoId under his bid Of $s.l9s.s
oace the appointment Of the receiver
&mo has been realized from accounts
eo4sctsd. lumber and single stock sold.
uiscsnaneou3 personal property sold and
MI Of mill property. scows. etc. There
~ bean paid out since tho receivership,
1eef order and direction Of the court.
LA being settlement In fun for all pre-
md labor claims. accepted ana approved
b the receiver. There has also been
eeesrsed. under order of the court. for
~ and preservation OF the real and per-
eai property. for transportation In maxi
coioecticns OF accounts and sales OF
Emner and other personal property, etc.
TOR al Incidental expenses connected
"a the rceeivership IN winding up the
NJ OF the company. ti.5l2.so.
= teport OF tho receiver was flied On
~ J showing a balance In his hands
Nbscu. and petition was made that
- rsceiver be allowed to filc a mai re-
- and to distribute the funds In hand
rata among the general creditors.
- was set by the court as the time OF
esing such report and due notice mas
IN sent 10 the creditors OF the mill. The
esims Of the mortgage having been rat
uned under the sale Of the property. the
snoant Of his claim OF $1.l7s. dcductins
IT, ne total amount of approved claims.
AiSW. leaves balance OF $S.97su9 TO
knclpase In the dividend TO be declared.
Ine only property In the hands OF the
saver not realized upon up to date 10
~ ncusea and three lots at Kirkland. to-
eine' with store fixtures. TO all OF which
sasss - only a nominal value. Among
- claims OF the general creditors APP
Eoved we're that Of s.. eS5 % OF the Seattle
Ssuend bank. being notes Of the mill
~npanJ. secured by various notes whi,h
saosd face value OF SHAT. ana held
mem as collateral for their claims
auee the receivership. and UP to date.
s w TANK has realized upon the said coli
. alust xsSes. and II has served the re-
Nser with notice that Il would olaim is
- rata OF any dividend to be declared
80 The original amount Of it's claim.
s-sAw instead OF the present amount Of
M siAlra. n.Iss.S