Jasper County Democrat, Volume 22, Number 8, Rensselaer, Jasper County, 26 April 1919 — FRANCESVILLE ELEVATOR SOLD [ARTICLE]

FRANCESVILLE ELEVATOR SOLD

To Several Farmers Who ’Will Reorganize the Company. William F. Brucker, receiver for the Farmers’ elevator of this place, on Monday sold the plant at receiver’s sale to M. P. Hill, Albert Gudeman, Samuel Haring, Nick Goller, Joseph Fox, L. M. Poundstone, B. G. Gunnerson and W. R. Howatt for $20,025. They will organize a company and sell stock to the farmers and land holders as was done when the former Farmers’ Elevator company was organized. The sale of grain, imerchandidb and the collection of accounts brought the total assets up to $32,000, which is more than enough to liquidate all the liabilities now outstanding.—Francesville Tribune.