Show JOHN BEG S ILL LUGK t Former Millionaire Was Yesterday Adjudged a Bankrupt 4 mUST FILE A SCHEDULE 4 SCHEDULJ COMELED TO FURNISH STATE NEWT OP ASSETS 4 Otherwise His Creditors Will Undertake Under-take the TaskThis Seen May Ups and Downs and Won and Lost Several Fortunes Opposed to Bankruptcy Proceeding 4 At the solicitation of Goteb G Kim nlcl of Germany W H Roy Jacob 1Iorit and D I Twome represented b3 Attorney Gunter John Beck the once mlmalT mining operator of Uth has ben adjudged a bankrupt thc order being made by Judge Mar shal In the federal court yesterdaY Thc adjudication Is not voluntarY on the part of Mr Beck but Is the result oC proceedings Instituted by the above named creditors on New iO lat year At that time they flied a petitIon In the United States court representing their claims against Beck to aggregate over 5000 oC which they could obtain np settlement and prying that he be adjudged a bankrupt and that so much of his assets as necessary he sold under time law to satisfy such claims Before a heating could he had an agreement was reached between these parties and Beck giving him time in I which to settle the indebtedness i of Meanwhile Timeodore Schroeder South Dakota lileti an Interyenlng pet Ion of the same character reDresent Ing his claim to be IO2 a Judgent secured In the Third district court on a promissory note and In this way the matter has been kept before the court I mater Schraeers instrument alleged that Becks indebtedness exceeded 100000 I was died during February of this year The claims of the original petitioners tt appears have not been settled as atdpated and they again have taken recourse to the law Attorney Gunter recoure for his client asked that the adjudication adjudica-tion order be made and tmt the case le referred to a bankruptcy referee md this was ordered Beck Is in de fault technically speaking h having never iCled being a bankrupt al though Oe to such prlvlhge under the bankruptcy law Hc is ordered to appear before Heferee C Baldwin Ol lay 1 to receive such instructions as to the formalities of law to be compled with lit cases of this kind Must Fie Schedule 11 Beck wI lJe required to file schedules or his liabilities propertyan scheules assets within ten das if the procedure is usual and In his failure to do so i will be undertaken by the referee cal I lag a meetng of the creditors to elect a trustee to round up Becks assets Mr Beck at the time the first pet lion was fled said that it was far ton wa from his desire to resort to the bankruptcy ruptc law AU he asked was time and he was confident that he could pay forced to the wall aU he owes If not wal oC the larg John Beck is or was one est property owners In thc stat but of recent years he is known to have met with reverses and the extent of his remaining resources Is in doubt His career ha hen a remallmhle one he haing been fortunate and unfortunate unfortu-nate by turn He has possessed two ml three fortunes at as many Inter I vats Q through successful speculation from the and lis recent millions were I famous HumonBeck mine of which he a the largest shareholder His I stock in this producer at present or a I part theref is said to be il the hands I of other parties as security for loans flott ii Mr Beck is also a heavy owner Buckeye and the present conditon of his interest in this proposition whdher Incumbcer or notIs said to I be In question He recently lost the Hot Sprimmgs property through foreclosure fore-closure proceedings but his privilege I of redemption runs to September 1 I I will require nearly 80000 to redeem the I wI property I |