Creditors Paid In Full

Grand Rapids, Sept. 26 -The Ovid Cabinet conipany has secured a mortgage loan of 150,000 from the trust company to meet the demanda of its creditors. The mortgage covers the factory and real estáte valued at $250,000. All the creditors were paid in full. The Ovid is one of the largest f urniture manufacturing concerns in the city, but has been embarrassed by the financial stringency.