Show CONSUMERS ELECTRIC CO 00 IN receivership now new orleans april 10 the consumers electric company with a capital stock bonds and other obligations aggregating about was placed in receivership today samuel insull insul president of the commonwealth edison company of chicago being named as rec chor cher the receivership was asked for by the 1 rational at ional con conduit dult cable company of new york holder of of the mortgage bonds ot the company the petition for receivership enship declared that the company had defaulted in payment of anti inti interest rest duo due oz on 1 the bonds but tile the amount was not stated the consumers electric company is one of two companies supplying electric light and power in new orleans |