Show FORCED TO WALL BY KIT FIRE Traders Insurance Company of Chicago in the Hands of a Receiver One of the Largest Fire Insurance Companies of the West Falls Because Be-cause of Serious Losses Sustained Sus-tained as Result of San Francisco Disaster Chicago Byron L Smith president of the Northern Trust company ol this city was on Saturday appointed rdcolvor for the Traders Insurance company by JUdge Julian Mack In the circuit court of Cook county Tho company Is one of the largest fire insurance companies In tho West and its distress Is duo to the heavy losses It sustained In the San Francisco Fran-cisco fire the amount of which was stated In the application for tho receiver re-ceiver to bo approximately 3748000 It was stated In the application that the assets of the company will not exceed < < ex-ceed 3300000 In addition to this the company Is Indebted for fire losses and upon other claims to an amount aggregating 111 962 All of these losses are unpaid The application for the receiver was made In behalf of fifteen stockholders stockhold-ers Including John A King Clarence Buckingham Charles L Hutchinson Abram Poole William C Selpp and George Sturges all of them wealthy menThe The order appointing Mr Smith re celvor also restrains tho company from doing business In Illinois until after the termination of the receivership receiver-ship Mr Smiths bonds wero fixed nt 2 000000 |