Show ail SULl TELLS OF BANK DEAL Nov 1 IS S UP Samuel UP Samuel mil ull successful att stave ruin nun of the twp two-billion dollar In In- LI utilities empire emph-e on December 14 I U II by negotiating a a standstill with bank cr creditors was from the witness stand stand today young Ins Insult Se Ele e appeared before belore U. U S. S District dge Walter C. C LIndley in the bank bank- hearing to recover assets of ot ote s e Insull Utilities In In- Inc The standstill agreement which ze ne the loans to the Insull Insult Invest Invest- mt nt n company and prevented the sale the file securities came under scrutiny connection onn with charge a that the were insolvent when the was reached The Insull pyramids pyramid's crash did n not t begin itil last April Sitting tense in his chair young mil sull testified stifled that as far tar as ns he knew e C agreement was was- reached before e C Instill company company's collateral had to where bank ob- ob could no not be met |