Show ClAIMS AGAINST I A ARMOUR M ESTATE Jr t IN fUll 5 j CHICAGO May bray 9 AP AP Claims against tho the estate of the late lato J. J Q Ogden OSden den Armour CI Chicago packer w who 1 onto said he had bad lost 1000 O O a day day for tor more than days das dasi during i the World World- l war today todar were settled settled in full HIs debt t to Armour Co Chicago Chi Chi- ergo cago packers and nd claims of bondholders bondholders bond bond- holders of the Skitter Suiter Basin company corn coma p puny pany ny a California land 11 tf lion n project were wiped off aft the o books last night in a transaction which Involved d cash and bonds fo to o the value of approximately The books have been wiped clean and everyone treated justly said Alexander F. F attorney at- at torney for Mrs Armour Mrs 1 I Armour has taken every possible step to see sec to it that her husbands husband's d debts were settled to the s 11 ifon on of all his creditors S SETTLEMENT COMPLETED OM LEED Settlement of the remaining indebtedness In Indebtedness Indebtedness In- In of J. J Ogden Armour to Armour Co was completed ina in a manner satisfactory to the company company com coin pany said Edson White president There will be available presently f In 1 cash and marketable securities approximately and in addition the com company any receives other securities s' s re representing g Jh the the balance ce of oC the indebtedness The bondholders' bondholders protective committee committee com com- of the Sutter Basin corn coif com company pany parry announced plans for r a a. reorganization reorganization of the company soon after the settlement was signed Authorship of oC the final In l chapter In the tho career of ot the late Mr Armour Armour Armour Ar Ar- mour one of Chicago's most picturesque picturesque picturesque pic pic- financial figures was credited to his widow and daughter daugh daugh- ter Mrs John J J. Mitchell 1 The terms terms' of ot settlement included surrender surrender surrender sur sur- render of oC the beautiful Melody l Farm estate for years years' the pride of ot the family The valuation was placed at CLAIMS WAIVED In addition Mrs Armour Armour waived claim to of oC land warrants warrants warrants war war- rants held against the Sutter Basin Basin Basin Ba Ba- sin company and she she and her daughter gave more than 1500 coo of their personal fortune to complete the settlements Liquidation of the debt of ot about to Armour Co packers pack pac ers ers was made through the transfer of th the securities that Mr Mr Armour and his relatives had pledged 1 At Atone Atone t one time this debt was said to exceed and was incurred In Incurred incurred in- in by Mr Armour in n promoting promoting promoting ing various vast enterprises Fiat settlement was made possible possible pos pos- sible 51 by the tho bondholders of or the utter Sutter Basin company accepting accepting- the plan of reorganization proposed when interest on the of bonds was defaulted February 1 J. These bonds had been guaranteed as as- asto to principal and In interest erest by Mr Armour and therefore the bondholders bondholders bond- bond holders had a claim against his estate cs- cs tate ate tate although the Gata estate to consisted principally of securities pledged with Armour Co |