Show SHOW CAUSE FOR REMAINING treasurer of catholic university mut a show why he should not be removed banks petition for receiver washington august 29 in the supreme court 0 the district of columbia today justice staford issued an order directing thomas E waggaman treasurer of the catholic university against whom proceedings in bank have been filed to show causo by september ast 1st why he should not be removed as trustee for certain parties to whom he gave notes tor certain moneys invested another phase of the case developed today when the second national bank the national bank of washington and the national metropolitan national bank which filed the original proceedings in bankruptcy petitioned the court to appoint a receiver to take possession of all the assets of mr waggaman and collect and hold the same until further orders the petitioning creditors offered the court that this action was absolutely necessary for the preservation of the estate 6 mr waggaman and to the best interest 0 the same accompanying the petition is a letter signed by mr waggaman asking that this action be taken la the petition it is stated that the debts said to be secured by the securities are very large being upward of and that the face value of the securities amounts to more than |