Strike bulletin. (Clinton, Ill.) 1913-1915, 1915-03-31
FEDERAL COURT ASKED
SELL pE@ MARQUETTE
PROPERTY At AUCTION
PsGiionen Allege Rscsivsss laAs.d
10 Pay 81. 600. 900 Rscs.a Ds6es
Before Paying ~ lnAsrssa
ChafysA

DETROIT. March. sS-Sale OF the frFs
petitioned for In the Detroit federal court
today by trustees OF mortgage hsli
against the line. Hearing on the petition
The property involved 10 that OF The old
Flint 4 Pere Marquette railroad and fiNs
subsidiary systems. the Chicago . wet
the Detroit 4 Grand Rapids. the Grand
Rapids BeldinE 4 Saginaw. and the sag
NAV, Tuscola 4 Huron
terest on the underlying bonds Of the
Pere Marquette 10 due and unpaid, ana
that there In no prospect Of its being paid
the bonds 10 postponed the sale value Of
the security 10 decreasing, and declares
that should the sale be further delayed the
closure Of the individual mortgage
The petition 10 sisned by trustee Of
MORTGAGE. w w. Cr.pp and Geo - MOI:
Colony Se Trust rust CO.. the international trust
Co. and the New York Trust Co
The Trvseees.
DETROIT. Mich. March 23-rretees
OF MORTGAGES held against the Pere MAJ
the United states district court Monday
ask,ng that an order be issued for the
sale OF the railroad and its various sys-
Of r.. , rS.a a. !, IL covered by the Under
lying mortgages. subject TO the lien OF
such mortgages The attorneys contend
n
dismissal by Judge futile of . motion ask
ing that the interest on the underlying
mortgages be paid.
Payment 81 Debts vssss.
The petition asserts that the receivers
ms,., ,'.,sS go " the receivers debt.
before the matter of paying interest on
the mortgages Was taken care OF Tn.
ps,SSnss s eons,s.rsa 1unnins expenses
Of the road and 90 paid from the income
penses ,.
rrewats lis $4,000 and the old Flint 4
rere Marquette road and rive suosia,ars
divisiona namely the Csl,sso us.,,ssn
tn. Detroit 4 Grand Rapids, the 'snnu
RAPIDS. peidins 4 saginaw. and the sag
NAV. Tuscola d Huron.
Ciaia vsl.s D~~sssssss.
The petition alleges that the retreneh
mrnt and economy plan of the railroad
ia tending TO decrease the saies OF III
securities and should the sale OF the r"a1
b. fsr,asr .. as,,ysa the sy sorseio.ure Of
Individual mortgages on the dnos ~.
The petition /. signed by trustees o, ne
%sr'5asss W r w cTspg T1 an Coo Ii. Old
co,onv Trust Co. the International Trust
Co. and IN. New York Trust co. -, %,
April 8. by Judge futile
IL Ionnhisdh. engineer maintenance
~, way Of tho Missouri Kansas IeNss
=, parson Kan has been appointed "hkl
-. 81 maintenance Of way Of the Ieha
lines. office palla-, TeS.. vice Z n p
he,.er. assigned To- other duties M
y.y diyislon superintendent at ansk"
go. OKLA, succeeds Mr.. ionn bladh al
Parsons
True greatness fret Of all T. ssins
n, 80. heart II II all alive With roeust
and sen.rou. symp.ss'.:. 4 h., - n IL. I,
behind Its age nor 700 tat ~ 4, only
,a.t 40 far n TO be able TO lead ITS msren
IN cannot slumher. for activity 10 a ns
.t,y 81 its existence II 10 no reee,vo'r'
In, a Northumberland d. Htehceck-
~ are re sesseA 70 css est sse e~ese
-, ga haas n % h seo~ COS
..,cvsus pssss wh~se 49, pe.yse
~ Cvt d sss. sc u 10 We
A. a. ,cvs eluA - ledge rses- % 49,"
~ ~. mai ufslsw 81 $685. store. s
=, 81 %. psssss SD Asss - se's"