People's Pilot, Volume 6, Number 45, Rensselaer, Jasper County, 29 April 1897 — Big Company in Trouble. [ARTICLE]

Big Company in Trouble.

Solon L. Perrin has been appointed receiver for the Superior, Wis., Consolidated Land Company. The company has a capital stock, said to be paid up, of $3,600,000, and owns the greater part of East Superior. Its secured indebtedness aggregates $650,000, of which $300,000 is taxes, while its floating indebtedness is said to foot up about $200,000 more.