Salt Lake Herald-Republican | 1907-07-14 | Page 7 | Silver King Con. Has Receiver

SILVER KING CON CONI HAS RECEIVER Wa w H Shearman Takes Charge of Property on Application tion of Solon Spiro DEBTS NOW TOTAL OTHER OFFICERS OF COMPANY ALSO WANTED RECEIVERSHIP W IV l H Shearman was yesterday ap appointed appointed pointed receiver of the Silver King Xing Con Consolidated Consolidated MIning company of Park City by Judge LewIs of the district court on the application of Solon Spiro Spiro asserts that he ha owns of the shares Into which the authorized d capital l stock of the company Is divided The company he says Is now Indebted to the extent of of which amount Is due him for tor money advanced and for salar salary The value of the claims owned by the company In the district Summit county are said to be uncertain although there Is of machinery and left In a bond Is Issue Issue sue It Il is alleged by Spiro that for the good goodof of the company some one should be placed In charge of Its affairs In order to straighten them out In addition to the application for a receiver he asks that a jUdgment be entered In his favor for the amount due him The officials ot of the company did not object to the action taken by Spiro and filed an affidavit asserting their assent The receivers bond is