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Show SUGAR CUV M ' IN RECEIVERSHIP Action Taken in Case , of Rigby, Idaho, Concern RIG BY, Idaho, Oct. M. Appointment Appoint-ment of a receiver for the Beet Growers' Grow-ers' 8uaar company of thla placcwlll be made at once, according to ta decision de-cision rendered by Federal Judge Dietrich Diet-rich after hearing arguments at Ppca-tello, Ppca-tello, Wednesday. Tha action waa brought for the foreclosure of a $300.-000 $300.-000 first mortgage bond Issue on the company's property here hy the Columbia Colum-bia Trust company of Bait Lake City as trusts. Of the issue In question, $2 000 of the bonds are outstanding and tha remainder re-mainder of $471,000 are held as col-later. col-later. 1 1 security to claims amounting I to Jl'iO.Ooo. according to A, W. Gab-: bey, vice president of the company. J The Columbia Trust company and W'll-I Ham storey Jr., represent about lie,- t 000 of the secured claims, according to Mr. Gabbey. Mr. ritorey la vice : president and attorney for the Col-1 umlila Trust company. j Kfforte. to float a 1750,000 bond Is- sue have been continuous since De-1 cemlwr uf last year, according to Mr. Gubuey, and an offer to aettle a claim for approximately $9000 from which the recent action originated, waa refused re-fused by the trust company last January. Jan-uary. Mr. Gabbey asserts that the as-j as-j sets of the sugar company are approximately approxi-mately $1,600,000 and the total liabilities liabili-ties ss of October 1, 1922, did not I eixfl- T5S0,wo. |