Rensselaer Semi-Weekly Republican, Volume 36, Number 107, Rensselaer, Jasper County, 6 September 1904 — MAY BE FORCED INTO BANKRUPTCY. [ARTICLE]

MAY BE FORCED INTO BANKRUPTCY.

iFour of the creditors of Shields ros., one of the busted Monticello Chores, have asked to have the firm declared bankrupt. There are more that a hundred other creditors who are willing that the store be conducted by the assignee. The pro. prietors believe that if they are not forced into bankruptcy that they will be able to pull through. The store is not yet closed, but wifi be if the bankruptcy plan of settlement is adopted. The four creditors mentioned hold claims aggregating SSOO, while the other creditors hold, ing claims amounting to more than $20,000 favor the assignee plan. The management of the firm of Goodman, Yost 4 Goodman, against whom a suit has been filed, asking for the appointment of a receiver, that they are perfectly solvent and that the suit Fill in nc wise effect their business. The suit was the result of the inability of the parties to agree on a final settlement with the heirs of Mr. Yost,