Evening Republican, Volume 18, Number 143, Rensselaer, Jasper County, 18 June 1914 — To Pay All of the Debts Contracted by Purtelle. [ARTICLE]

To Pay All of the Debts Contracted by Purtelle.

Joseph Hays, who is associated with the Roberts-Zimmerman crowd in the promotion of the Indiana Northwestern Traction Co., has been engaged for the past two or three weeks in going over the route of the Purtelle survey listing the accounts contracted by Eugene Purtelle, the original promoter. Mr. Hays is presenting each with a typewritten form which sets out the amount of the claim, and acknowledging the responsibility of the Indiana Northwestern Traction Co. for the settlement and asking that the creditor sign a statement that a year’s time will be allowed for the payment of the account. Mr. Hays is a very pleasant gentleman' and he has surprised a number of creditors who had presumed that their claims were worthless. The claims he has encountered so far total $16,628. A few of the larger ones have been settled on a fifty per cent basis, but the majority of the smaller ones are to be paid in full. Included in the list are all cheeks given by Purtelle and which were not paid for lack of funds. There were twenty or more creditors in Rensselaer, including C. Earl Duvfil and the Geo. E. Murray Co., who had cashed ehecks for workmen. This thoroughly frank action of the present owners of the former Purtelle holdings indicates the confidence the promoters have in the construction of the interurban and is very pleasing not only to the creditors but also to all who are interested in the future of Rensselaer.