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Show WILL FORECLOSE ON ; $1,300,000 CONCERN CHICAGO, April L Foreclosure of a trust deed on the International 'Packing -company's plant, valued at $1,300,000, has been asked by the Illinois Trust and Savings Sav-ings bank. As defendants in this latest suit it names the. International and Consolidated Con-solidated Packing company and Henry BThe"benic avers It acts In the Interest of owners of C 166,000 of the 33.438,000 outstanding out-standing bond of the International company. com-pany. It Is declared there are 240 owners in alt The plaintiff asks that another -" receiver be appointed. John C. McPber-non, McPber-non, previously named, has reported his failure to recover any of the property he demanded It is declared the bank became trustee of the Consolidated June 1, 1898, whea the company issued 32.EOO.O0O bonds and that the trusteeship was continued by the International In-ternational company as successor. It is alleged both the International and Con- ' solidated companies are insolvent and that 366.000 interest on their bonds has been unpaid since May 1st. |