| Show BIG foreclosure SILE the ogden chy clay company property Pr S ad for the front door of the county court house was fairly well filled yesterday between the hours of 11 and ani 12 the u occasion casion being the tile fore foreclosure cloture on the ogden clay company of noted amounting to these ft ere held as follows ja joo 0 A boyle 0 R hank flank 3 0 00 jamea james IV iverean reon sidney stevens ate vena eccles and spencer 2000 the remaining were held I 1 in a sma smaller iler notes by various parties these dotes notes were due april let sometime lart loat decerb r mr james jamea iverson bad been put iff let manager for the time being as it was stated things were not cot running very amoth amo ith ly when the notes were dae the company was unable to pay II 11 0 bigelow Ui gelow president of the ogden state bank in whom the trust deed had been placed foreclosed and ad advertised the property for sale yesterday previous to the sale it 11 B shepherd Shep bard contractor served notice of lien on p the lien amounted originally nall v to but he was secured by notes for all but the eale however proceeded with mith two bidders john A boyle and james iverson Ive raon the latler latter secured the plant bis his bid being V 0 the plant is the best boat in the western country had been completed and ran out bricks fully has line been the plant that is not counting coun tinK the twelve acres of valuable clay beds the brick will brin brint about 1200 the holders of the notes will realize realma 33 cents on the dollar while air iverson has secured a emall small bonanza in speaking with mr iverson yesterday he stated that be proposed f forming a new company and a allowing allo go winn ing the lie t oll members to come in not exactly ac aly at the he figures fir ir fi r which he pura ch eed the property but still at a inure flure far below the actual cash value of the plant lie has ties a good thing and proposes pro pus ea to follow out the workings 1 gf of t the be original r projector and giving annta to a good quality of pressed b ick |
