Show CHASE FOR THE CHANCELLOR G HA Fl t r International Trust Company Failure 4 j I INCORPORATED INd IN DELAWARE I LOCAL S W v a Dover DeL Oct IS UThe The insolvency of the tile International Bank A Trust Company of America at the City of ot Mexico which is la a corporation of 01 the th state te of ot Delaware and which was re recently costly given ven authority to increase its capital stock toek to eoe caused to tonight night one ODe of the tile most remarkable for a receivership ever known knoW here A number of those interested in inthe Inthe Inthe the big biC company who are opposed ed to I Ithe the receivership re obtained in Mexico which closed all aU the company Mex Mexican lean ican banks bank and also alao opposed the elee selection I tion of Don Pattern Patten a lawyer as a receiver gathered here tonight with the object of obtaining the Judgment of the highest court in the state which created the company Those Tho e present were Charles L Phillips vice president pr of the com corn company company pany Joseph Jos ph G O Dean n of New York a Director James Jam L Wolcott a lawyer of Dover another director Governor William T Watson also a r director Henry Ridgeley counsel for tor Herbert Compton a stockholder toc older and 1111 nd William L I Gooding Goodine special counsel for the company eomy eo An application to Chancellor Nich Nicholson olson on was waa hurriedly drawn up praying him to appoint a receiver who could go co sato tato Mexico and 14 elsewhere e antI and an take charge of the assets t Later the party hurried aboard a Delaware railroad train for Lewes Lewe and there continued their t lr search for far Chan Chancellor Chancellor Chancellor Nicholson on by boat the chancel chancellor Jor lor having gone out olt on a trip from th tM the Delaware Breakwater on the pilot boat Philadelphia The members of the part party expect to overtake the chancellor and nd nd express the belief that they will get a receiver receivership receivership ship tonight They claim that because this is ii J a corporation of ot the state of Delaware the action of the chancellor will take precedence Herbert Comp Compton Compton Compton ton a stockholder directly makes the application to Chancellor Nicholson ou ott the ground of Insolvency |