Evening Republican, Volume 16, Number 279, Rensselaer, Jasper County, 21 November 1912 — MATCH FACTORY IS PAYING IN PART [ARTICLE]

MATCH FACTORY IS PAYING IN PART

Attorney Zeigler Brings Some Cash and Thus Staves Off Foreclosure Proceedings. Attorney Zeigler, of Elkhart, representing the U. S. Match Co., arrived last evening and was joined this Thursday morning by P. T. Longachre, who was one of the original bunch who put the match factory stunt over on the Rensselaer Commercial Club. Mr. Zeigler brought some money, not enough to settle all the claims by any means, but sufficient to appease the chief creditors and to settle in full some small dribs. Also enough to indicate that the company will eventually settle the claims in full. The principal local creditors the J. C. Gwin Lumber Co. and the Rensselaer Lumber Co. They had instituted foreclosure proceedings in which smaller creditors *had joined. Each firm was paid slf>o. A claim of S6O by Roth Bros., for office rent, was paid on the 10 per cent discount basis arranged for by Mr. Kohn, some months ago. Other small claims were paid. Mr. Lortgachre disposed of his interest a long time ago. He guaranteed othe size of some of the claims at that time. He was here to make the settlement rounds with Attorney Zeigler and see that the claims were as he had represented. The foreclosure judgment was rendered but the partially paid creditors "agreed not to force collection by ther action at this time. It is understood that the company continues to offer stock for sale in the match facory corporation. They also continue to claim that they will get started here some time.