Salt Lake Tribune | 1903-10-20 | Page 1 | Chase for Position

CHASE FOR PSS1TI0N Wild Scramble in Delaware for theRe the-Re < of the Defunct Mexican Bank Dover Del Oct lIrlw Insolvency of the International Bunk and Trust Company Com-pany of America at the City of Mexico which is a corporation of the 8tat of Delaware hId which was recently given iiistliorlty to Increase Its capital stock to 5000000 I caused tonight one of the most remarkable l dashes for a receivership ever known here A number of thoao Interested In the big company who are opposed to the receivership obtained In Mexico gathered gath-ered hors tonight with thi object of obtaining ob-taining the judgment of the bighesl court In the Slate which created the company An application to Chancellor Nicholson was hurriedly l drawn np praying him to appoint a receiver who could go 1 Into Mcxlco and elsewhero and take charge of the I companys assets Later Limo party hnrrkd aboard a Delaware rallniad rain for Lewis I and there t continued their search for Chancellor Nicholson by boat I tIll Chancellor having gone out on a trip I from tim Delav > breakuaier on the jlilol boat Philadelphia The member of I Ite party ecpccl to overtake the Chancellor and express tho belief that they will not a receivership to nlKht