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Jarvis-Coaklin Co. Fails. KANSAS CITY, Mo., Sept. 30.-An Associated Press dispatch from New York announces that the Jarvis-Conklin Mortgage Trust Co. has been placed in the hands of receivers. The company has been doing an extensive business in this city.
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Jarvis-Conklin Co. Fails. KANSAS CITY, Mo., Sept. 30.-An Associated Press dispatch from New York announces that the Jarvis-Conklin Mortgage Trust Co. has been placed in the hands of receivers. The company has been doing an extensive business in this city.
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TO REORGANIZE A TRUST COMPANY. Kansas City, Dec. 6.-C. M. Beardsley, attorney for the receivers of the Jarvis-Conklin Mortgage Trust Co., says the membership of the reorganization committee of the company is nearly complete. The committee consists of seven members, four from the United States and three from Great Britain. Five have been chosen and the two others will be selected probably this week. The accountant firm of Barrow K. Wade, Guthrie & Co., of New+ York, has been over the accounts. which have been found regular, with no misrepresentations or falsifications.
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The Jarvis-Cooklin Company. KANSAS CITY, Mo., Aug. 17.-Judge Pulilips, of the United States ( Ircuit court, has Issued an order authorizing the sale by the New England Safe Deposit & Trust company as trustee, of $3,000,000 worth of securities of the Jarvis-Conklin Mortgage Trust company. John F. Downing was appointed receiver at the request of the counsel of the New England and Jarvis companies. When the securities are sold a new company will be formed with & capital stock of $2,500,000. The Jarvis-Conklin company, which was capitalized at three and threequarter million dollars, passed into the hands or 8. M. Jarvis, the president and R. R. Conklin, vice-president, as receivers last September.
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JARVIS-CONKLIN BONDS. They Bring Only Fifty Cents on the Dollar at Kansas City. KANSAS CITY, Mo., Sept. 20. - Acting under orders from Judge Philips, of the United States district court, the bonds of the Jarvis-Conklin Mortgage Trust Co. were sold at public auction yesterday afternoon at the front door of the custom house by Special Master in Chancery John F. Downing. The amount of bonds offered for sale was slightly in excess of $785,000, and the entire lot was purchased by Mr. W. M. Barnham, of New York, who represented the firm of Simpson, Thacker & Barnham, attorneys for the reorganization committee of the suspended company. The price paid was 50 cents on the dollar for the entire lot. It was the only bid made and the only thing the master in chancery could do was to accept the bid and sell the mortgages. They are to become a part of the assets of the new company for the reorganization of which the New York authorie ties are now working.
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THE JARVIS-CONKLIN CO.'S LIABILITIES. In the United States Circuit Court yesterday Judge Lacombe refused to grant the petition of Rowland R. Conklin and Joseph C. Willetts, receivers of the Jarvis-Conklin Mortgage Trust Company, of Kansas City, Mo., for instructions of the court to pay certain claims on free mortgages in favor of instalment savings bonds now in the possession of the receivers. About $1,258,689 64 of free mortgages came into the hands of the receivers, of which they have on hand $360,032 85. Certain holders of the instalment savings bonds aver that such free mortgages were pledged for the security of these bonds.
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JARVIS-CONKLIN ASSETS TO BE SOLD. Judge Lacombe, in the United States Circuit Court, yesterday granted an order authorizing Roland R. Conklin and Joseph C. Willetts, as receivers of the Jarvis-Conklin Mortgage Trust Company, of Kansas City, Mo., to sell at public auction, on December 13 next, at No. 65 Liberty-st., all the assets of the Jarvis-Conklin Mortgage Trust Company, including bonds, mortgages, stocks, accounts and bills receivable, for the benefit of creditors. The order is granted on the ground that a termination of the receivership will best subserve the interests of the creditors of the corporation.
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SECURITIES SOLD. Kansas City, Dec. 5.-Securities of the Jarvis-Conklin Mortgage Trust Co., of the face value of $1,775,000, were sold here at public sale today, by J. F. Downing, receiver for the company. The North American Trust Co., of which R. R. Conklin, of the old Jarvis-Conklin Co., is its controlling officer, bid in all the securities for $236,000. A large amount of California, Georgia, Utah, and Oregon securities brought very low prices.
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JARVIS-CONKLIN. Securities Sold at Kansas City Bring Low Figures. KANSAS CITY, Dec. 5.-Securities of the Jarvis-Conklin Mortgage Trust company of the face value of $1,775,000 were sold here at public sale today by J. F. Downing, receiver for the company. The North American Trust company, of which R. R. Conklin of the old Jarvis-Conklin company is the controlling officer, bid in all the securities in bulk for $236,000. A large amount of California, Geor-
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Conklin Again In Evidence. KANSAS CITY, Dec. 6.-Securities of the Jarvis-Conklin Mortgage company of the face value of $1,775,000 were sold nt public sale yesterday by J. W. Downing, receiver of the company. The North American Trust company, of which R. R. Conklin of the old Jarvis-Conklin company is the controlling officer, bid in all the securities in bulk for $236,000. The securities were previously sold in separate lots, however. in which manner $110,000 more was realized than when afterward sold in bulk. The court, which ordered the sale, will determine which sale shall stand.
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Sale of Securities. KANSAS CITY, Mo., Dec. 7.-Securities of the Jarvis-Conklin Mortgage Trust Company, of the face value of $1,775,000 were sold here at public sale by J. F. Dowring, receiver of the company. The North American Trust Company, of which R. R. Conklin of the old Jarvis-Conklin Company is the controlling officer, bid in all the securities in bulk for $236,000.