Evening Republican, Volume 22, Number 92, Rensselaer, Jasper County, 19 April 1919 — ELEVATOR IN NEW TANGLE [ARTICLE]

ELEVATOR IN NEW TANGLE

Matters in connection with the reorganization of the Farmers Elevator company at Francesville seem to have gotten into a muddle. Considerable new stock has been subscribed for the purpose of putting the concern on its feet and buying it from the receiver, but it is now said that some alleged forged notes have turned up to complicate affairs. It seems that some of the directors had biven notes to a Chicago fertilit zer company, and it now charged that additional notes of the same kind were forged by some (person or other, involving a sum of $3,000 or more. Receiver Brucker is advertising the elevator and fixtures for sale, bids to be received next Monday, and there is some talk of an injunction to prevent the newly rejuvenated company from buying it.