Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-10-14

FIRST REPORT TO REFEREE
WIN Institute suits 60 Have Judg-
mcnts set Aside aud Pave the
Way for settlement

John Bcck's financial affaira are
gradually assuming more dHnito
shape, az shown BY Trustee E. W. Wi.
some nrat report, as filed with Referee
baldwin. The report givca the public
a much better Idea az TO tho real
status Of the case. one statement 10
particularly interesting. from the fact.
az shown, referring 60 the block OF
bullion-bcck stock that Mr.. ]. 4. cum
ningham secured on a bill % sale dated
May. ispsi
The report osserte that this block Of
stock. bi,o0o shares. was subject to
certain liens held by josiah Barnett.
While the blll OF ralc was absolute
In FORM" the ryport aaya ''it il under
stood BY the parties TO b. In the nature
OF pledge. and In the interest of the
crcditort, suit should be- commenced
asalnst Cunningham TO require an ac-
counting ana TO have tho bill u sale
declared pledge TO secure to Mr. cum
ninFhnm the payment 81 only that
amount of money found due him"
This shows " u can be proven that
MI. Beck II entitled 60 a great portion
" not all of hiH stock thus placed AZ
security, a. Il u claimed the Income
b.io0 per month and would n used iu-
financial feet
MIR, WILSON ASKS
that permission be- given him to employ
attorneys 60 have six separate fore
closure sales yet aside. These sales. the
report claims. were ali made since
the petition was nled 10 have MIR. Beck
declared "a bankrupt. and worc made
without the authority Of tho bankruptcy
court, which had charge OF Mr. ncckH
nuulru after that petition was filed by
these foreclosures Mr.. Beck lost the
Hot sprlnEn property. the bee Hive
house, the Thomas ana Rove houses.
the Cannon house. the Saratoga farm
ON Utah lake, and some valuable prop
crty In Lehl. Utah county. The Hot
springs property was sold 10 a. T..
Hyde Jr, on Feb. 10. Tor 10000 and a
deficiency Judgment for $50 i02.i5 was
rendered against John Beck. the
sold on Nov n, 1855. FOR tgOdl 70. and
there sun remains a debt ON them due
the purchaser, the Security Loan a
STORAGE company. In the sum OF 80
ossssi the Cannon house was sold on
Feb. 10 lions Savings Bank a Trust
company Tor 5000 ana deficiency
judgment OF t2.tg5.53 was rendered
against John Beck. The Saratoga farm
was sold ON Dee, 20. 1895, for fi0GtG. %
TO lions Savings Hank a Trust COM
pany. the i.ehi property was sold on
Aug %. 1885. 10 the ichi Commercial a
Savings bank. the Utah Stove a Hard
ware company and y. w Madson, FOR
sums aggfcEutlnE 81, l2d.Gs. tho Bee
Hive house was sold ON Dec. 90. To-
lions Savings Hank a Trust company
Tor $4,000. and "a deficiency Judgment
was rendered against Mt. Beck for
si0,ilihl, The deed TO this property
has since been Transferred 10 Lorenzo
Snow. ua trustcC-iu- trust FOR the Nor
mon church and is now occupied by
him ns o. residence.
After asking that he may begin suit
10 recover all this property. Mr. Wilson
requests that he may have rclnHtated
Mr. BeckH suit flcd In January last
against the Pacific Lumber company 70
require an accounting for certain Hecur-
tiles pledged NE collateral for u note for
$1,000. These securities consist OF an
equity In some Salt Lake and Utah
county real estate, ana the following
mining stock l0i.HOi shares Of Buck
eye. 1896 shares ~ Bulliun-nock Tun-
mel, 1885 shares ~ Crown Point and
10 shares Of the Ashley coal. Asphalt
A Gilspnltc company,
In conversation with n News" man
today Mr.. Wilson said he Intended to
push the case "fur an there ~ In II"
and secure to Mr.. Beck "a large per
cent Of his Just dues. pay on an his
creditors and leave him d comfortable
Income as well.