Salt Lake Telegram | 1932-06-03 | Page 18 | Denied U. S. Loan, Railroad Give Up |

Type	issue
Date	1932-06-03
Paper	Salt Lake Telegram
Language	eng
City	Salt Lake City
County	Salt Lake
Rights	No Copyright - United States (NoC-US)
Publisher	Digitized by J. Willard Marriott Library, University of Utah
ARK	ark:/87278/s6k08c7h
Reference URL	https://newspapers.lib.utah.edu/ark:/87278/s6k08c7h

Article Title	Denied U. S. Loan, Railroad Give Up
Type	article
Date	1932-06-03
Paper	Salt Lake Telegram
Language	eng
City	Salt Lake City
County	Salt Lake
Page	18
OCR Text	Show Denied U. U S. S Loan Railroad Gives Up ST. ST LOUIS June 3 The 4 P The Mobile Ohio railroad was thrown into receivership re receivership re- re in federal court here today and Ernest E. E Norris St St. Louis executive tive vice president of the road was appointed receiver by Federal Judge Charles B. B Paris Faris The outstanding indebtedness of the railroad was given in the siut as It was set forth that fixed charges of will ovill become due on or before September 26 28 The road also has defaulted in the payment pay meat ment of taxes and creditors already have obtained judgments for the suit stated Figures were given to show road had operated operated oper oper- at a loss of approximately since the first of 1930 The Reconstruction Finance corporation corporation corpo corpo- ration recently denied the company a loan
Reference URL	https://newspapers.lib.utah.edu/ark:/87278/s6k08c7h/15849565