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Show ou RECEIVER IS ASKED FOR COMPANY The Continental Life InBuranco & Investment company has commenced suit in the district court against Edwin Ed-win G. McGrlff, Oliver A McGriff, tho McGrlff Orchard &. Canning company com-pany the Utah Snvlngs & Trust company com-pany the Ogden Savings Bank and Weber county to foreclose a mortgage mort-gage on the McGrlff orchard of North Ogden, for the recovery of 540,000 and Interest, together with attorney fees and coats of tho suit, nlleged to be duo on a certain promissory note. The complaint alleges that on De-cumber De-cumber G, 1909, the McGrlff company com-pany uttered a certain promissory note to the plaintiff company for $40,000 nnd that, as security to the nolo mortgaged cortaln tracts of real estate and certain shares of capital stock In the Utah Sanitary Fruit &. Canning company, and that tho faco value of the note, nor interest In tho sum of 13,200, has not been paid. Tho plaintiff asks that the mortgage bo foreclosed and the property sold to recover sufficient money to pay the obligations of the note, the interest, inter-est, and ?2.000 attorno fees. If, is. also stated in tho complaint that the-land In question is covered with ninny thousand trees bearing fruit, und that the defendant orchard and canning company Is not taklug proper caro of the orchard, and that much damage will result unless a receiver re-ceiver be appointed to take Immediate Immedi-ate charge of the orchard. It Is therefore requested that a receiver re-ceiver be appointed. It Is nlso alleged al-leged that tho McGrlff Orchard & Canning company Is Insolvent and is not capable of taking care of tho mortgaged property nn |
