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Show NAME RECEIVERS FOR KANSAS CITY CONCERNS KANSAS CITY, June 8. Upon the bill of tha Kaosae City Bailway Light company, signed by Job Megan., president, tha Metropolitan Street, Central Electric, and Kaosae City Ela-vated Ela-vated Hailway companiea wera placed ia the hands of receivers here lata Saturday. Sat-urday. Fred Harvey of Kansas City of tha Fred Harvey eating ay stem, and B. J. Dunham of Chicago, chairman of tha Metropolitan board of directors, ware named aa tha receivers by Judge Hook of the United States circuit court of apneals. With no on but officials of tha com Raay knowing hia plans. Alexander ew appeared ia court with tha aworn petition of Mr. Began thnt tha flnnneea of tba company warn ia a aerious condition con-dition and-that it would aooa be unable un-able to meat heavy obligatioaa. The application waa immediately granted and tha receivers named. Street railway officials have been frank to aay for noma time that the company bag been ia atraightened circumstances. cir-cumstances. J. Ogdei Armour of Chicago Chi-cago ia heavy stock bolder in the company. R. J. Dunham ia his re pre eeatntive. Enough stock ia controlled by Armour, it in understood, for him to control th organisation. . Tha receivership ia not du to the failure of tha street ear company to make money at th praaeat time. Lest vear the net profit amounted to more than 1,000 .000. Tnie amount was not enough, however, to pay th interest on outstaading lndebtdnea ef the company and to make th extensions required by th eity franchise. |