Inter-Mountain Republican | 1906-05-10 | Page 2 | Move Boost for Traders

MOVE BOOST FOR TRADERS Chicago Chilo flank Bank PIe Jent to Give Gl New Xe Life to 0 Insurance It Company Chicago Ua May 9 The The movement which was inaugurated yesterday t to take lake the thc Traders Traders' Insurance company compan out of tf the time hands of oC the receiver er ant and put It I into active business again an and meet its Is obligations In the San Sn Francisco Francisco FranCisco Fran Fran- Cisco and amid other othel coat coast disasters re 10 ro- ro fresh Impetus toda today tolay John J J. Mitchell president of th time the Illinois Trust Sa ln Savings s bank bank and a heavy stockholder In the Traders Traders' 1 Is hurrying to Chicago to make an ef effort of- of fort Cort to form Corm a movement that may maj reclaim the lire Insurance concern concert from Crom receivership Several holders of oC blocks of Traders Traders' stock have declared themselves a against time Iho action acton of or the Iho board of directors directors The sudden sUlden 1 of Mr Ir Mitchell i isaid Is said sid to mean that a proposed ed pool o of stockholders Is in view which may buy up existing stock and put up the funds that will wl reclaim the thc com company pan Vice President of tho the Ill Ill- I- I Trust Savings bank said mid Mr Mitchell would arrive tomorrow nl night nigh ht or Friday Frida morning and that when ho hoot got ot here he would investigate the af affairs at- at fairs of or the company compan