Show COMPANY'S HEAD I AGREES Tn QUIT Grain Dealers' Dealers Firm irm in Financial Financial Fi Fl Stress OMAHA r. Neb Nob Aug G. G Frank G.-Frank Frank Fowler president of ot the Ell Eli Nye- Nye SchneIder Fowler company grain dealers with branches throughout the United States and headquarters at Fremont Neb agreed today at a meeting of creditors directors and stockholders o or or the company to resign n nas as president yielding to tho the demands of ot the company's cr creditors following I admissions recently that the firm was Va was was-p in financial difficulties according according- to advices from rom Fremont A Lincoln I banker will succeed Fowler when tho the board of oC directors director meet at Fremont I nol next Monday donday it was as further asserted It t was stated that creditors creditor and bankers banker refused to extend further I i credit to to the company so long as I Fowler should be at Its head A Ai meeting was wa held in Chicago earler I this week where bankers went over j I the tho situation An audit of ot the firms firm's I books has Just been completed reports reports re 1 ports state but no official announcement announcement announce- announce I ment meat has been given out relative to I tho the status of oC the tho company compan which has j I branch elevators and offices officeR in moro more j than a hundred towns and cities clUes in inthis inthis this country I Tho reported action at today's meeting followed a n. statement Issued earlier In the tho day by W W. J. J CourtrIght Courtright Courtright Court- Court I right company who admitted that Fowler was willing to retire as ns ashead ashead head of oC f the company compan conditioned only upon the finding of ot the right ht man to Lo take his place It Is understood understood under under- stood that yesterdays yesterday's meeting was wag I hold held as aa a 11 preliminary to tho the annual directors directors' meeting scheduled for tor next I I Monday |