People's Pilot, Volume 5, Number 38, Rensselaer, Jasper County, 26 March 1896 — Heavy Failure in Texas. [ARTICLE]

Heavy Failure in Texas.

Galveston, Tex., March 25.—Late last evening Leon & H. Bloom, the largest wholesale dry goods house in the state, made an assignment, naming B. Adou, banker, assignee. The firm is the largest mercantile concern in Texas. It is announced that the liabilities amount to $2,000,000, assets $2,500,000. The assignment is general, there being no preferred creditors.