Jasper County Democrat, Volume 14, Number 15, Rensselaer, Jasper County, 10 June 1911 — RANSFORD STORE CLOSED [ARTICLE]

RANSFORD STORE CLOSED

Proprietor Files Voluntary Petition in Bankruptcy. The E. V. Ransford department store which has had hard sledding of late, was closed Thursday, Mr. Ransford having filed a voluntary petition in bankruptcy and was adjudged bankrupt June 6. A meeting of the creditors will be called soon. s A schedule of assets and liabilities is being prepared and will soon be made public. Creditors tried some weeks ago to have Mr. JRansforcF declared bankrupt, but he contested the proceedings and owing to illness of the petitioner’s attorney no hearing was had in the matter. It is rumored that the liabilities will exceed the assets by several thousand dollars.