Salt Lake Herald-Republican | 1907-03-02 | Page 6 | Agreement Reached in Sullivan Trust Affairs

AGREEMENT REACHED IN SULLIVAN TRUST AFFAIRS A San Francisco newspaper says that thata a satisfactory agreement has been reach reached ed fd by the creditors of the tha L M Sullivan Trust company All AH stock in the various mines of ot the company will be held In a 1 pool by the State Bank and Trust cons con company pany of or Nevada for tor an indefinite period The affairs affair will be handled by bya a committee which alone has the power pow r to sell stock All AH moneys received will go Into development work When the th compans affairs become prosperous the committee may sell seU stock the proceeds from which will be divided 40 per percent cent each for the banks end and brokers and the remaining 20 30 per cent for the Sullivan company com pan