Rensselaer Republican, Volume 26, Number 22, Rensselaer, Jasper County, 25 January 1894 — A CHICAGO CONCERN. [ARTICLE]

A CHICAGO CONCERN.

Itu Uttblllties Are *55,000.009 J,-* A»*eto Only 8449. A concern that can show liabilities of $55,000,000 and assets of but $449 is something that causes even Chicago to open its eyes. These figures constitute the main features of the report of the receiver of the Guarantee Investment Company, filed, Friday, and the $55,010,000 represents the bonds of the company. The president of the company, C. B. McDonald, Is now under sentence of imprisonment for fraud. Every day express orders come in from all parts of the country for the company, but these the receiver refuses. Bonds of the company were sold all over this country, and in the majority of cases were bought by persons who can not afford to lose the money.