Evening Republican, Volume 23, Number 274, Rensselaer, Jasper County, 16 November 1920 — LAFAYETTE MAN TO MAKE GOOD $50,000 INDEBTEDNESS [ARTICLE]
LAFAYETTE MAN TO MAKE GOOD $50,000 INDEBTEDNESS
Lafayette, Ind., November 15.— S. Leslie Mansfield, live stock dealer at the Lafajptte union* stockyards, whose financial reverses brought him to the verge of bankruptcy a few days ago, resulting in the loss of his home and his .arrest on a charge of issuing fraudulent checks, will make good all his indebtedness, amounting to $50,000, his attorneys have announced, and will start in business anew. The grand jury, which has just adjourned its fall session, investigated Mansfield's ae- • tivities but returned no indictment against him. It was found that at the time he issued checks, which the banks refused to honor because he had no money to meet them, he had several thousand dollars in his bank account, but payment on a SIO,OOO draft on a New York live stock concern was stopped and this resulted in Mb account at Jhe bank being overdrawn. According to Mansfield's lawyers, local capitalists have come to his assistance and he outstanding chocks within the next week. At a meeting of Mansfield's creditors it was voted to throw Mm into bankruptcy, but later they reconsidered their action and decided to permit him to make good. Mansfield has been doing a business many thoumnd.
