Show GREAT WESTERN VESTERN IN RECEIVERS RECEIVER'S HAND HANDS President A. A B. B Stickney anc an ancHis and His Railroad Strike Wall Wal CRASH NOT UNEXPECTED Efforts to Persuade to Make Loans Are Unavailing st. st Paul Paul Minn Jan S. S S.-A. S. A. A B. B 13 Stick Stick- no fey noy anil his Chicago Great Western railroad broke tota today Facing of or Indebtedness mimic duo or almost due un un- able to raise ralso money on account of or the th present financial condition I th tho lie roam was thrown Into the hands of or receivers recel with a view of refunding time the entire In iii tl 1 Issuing of or bond bonds mind and Ind reorganization completely The action acton of oC the British no note to hol holders er In ondon I-ondon In vogue vogle for Cor a receivership was followed folowell Instantly L by application in iii I time h courts at nt St St. Sl Paul Pau I for or the ap ap- ap pO of or receivers and late in time the thota ta day President A. A B. B Stickney and Charles II H. of St. St St Paul Patti wore v m e ap ap- ap pointed b by Judge Walter Waiter aler II n. San or al- al In the time United States Circuit court Stickney was In London striving to persuade the tIme British note holders and Smith too took charge of ot the time affairs of or ant time tho tte road Stickney announcing In fn London that ho imo would sail sai for Cor homo Saturday and attempt tho time work of or refunding the tle d debts and Im Improving the time road Strike Failure The Time crash of the time Chicago Great Western West Pest ern em branded brante among Western railroad men as the pirate has been anticipated ed In railroad circles since Au August 28 1906 1900 when the present rate law went Into effect an and last summer ummer when a big strike In iii the shops at Oelwein Iowa crippled the time traffic trace upon the tho road Rumors Rumors Ru Ru- mors mols that It I could not last ast long were rife The rime management however r held out the bright t hopes until the time present financial stringency ncy kle killed hopes hope of or borrowing the time and he ho planned a friendly receivership as the easiest way out of or the trouble A year ent ago it it Is declared Mr I Stickney Stick SUck no ney imey strove strove to persuade time the the English stock and note noto holders to consent to u i similar plan of reorganization and they the refused being confident that conditions would woul Improve The Time crash of the Chicago Great Groat Western West West- cRt cRt- em ern Is la the crisis of or tho time Ipe spectacular ca career cu- cu reer tor of a Minnesota a-Minnesota school ho witO witti wih th the nimi of oC a country ConnEr store t ro keeper and two VO traveling ur u ura a railroad system m H It iv tUorn 0 ir r nr tl i rull road l c l I. I lV t T ut t ul ulI i I i vr ri i v dt i nit M tm i JS lg u meeting W w was ri torn M Is F I one J almost entirely hy by I end near near- don li Jy J nil mill ul of oC 1 Its are arc hold In I London London Lon Lon- ondon on- on Tho The news nes of time the action octon In London was ivaN cabled to St. St Paul an md and ls Davis lCd Kol- loes- loes and Severance Sc fron al counsel for forthe fol or orthe JoGS the road rOld ut mit once made inamI for tor fortin or tl tin till Mr Mi cS lf tl L I s plan which tho time noto note l submit Immediately Imme Imme- holders hodel's approved cd I Is to to u ii voto oto of oC the Iho a aplan aplan aplan plan diat to 10 place a first mortgage upon tho entire system 1 for with Ith the tho this the mortgage ho Ito hopi realized from moe money amountIng amount- amount pi to pa pay off orr the tho notes lag Ing to about and ummil UI 1 the time surplus surplus sur stir plus InS he lie wants to use uso In iii tracking double of the time the tho equipment and Improving thC formidable competitor com coni- to make n a main ln line lino nr to the time ea roads j I I |