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Show RELDVEK hUK GILA COMPANY NEW YORK, April 23 An equity receiver for the Gila Copper Sulphide company, a j,"ne.u,Mi . nrporation owning own-ing 150f3 acres of coal, iron and copper land in Arizona was appointed here tod ty bv United States Judge Hand The Gila company, reported to have been nnanced by Benjamin P. Cheney, of Boston, husband of Julia Arthur, actres.-, Is said to have defaulted in the payment of $690,000 on mortgage bond which matured April 1. In the suit in equity, brought by the London-. Arizona Consolidated Copper company, it was alleged that on account "of the. unprecedented financial conditions ed by the war it will bo impossible for the defendant to borrow the amounts necessary for re-financing." The mines of the Gila company w r said to have been operating under a contracl with American Smelting - Refining company on a percentage basis. Allan Forbes of Boston, as receiver, re-ceiver, is required to furnish a bond of $25,000. |