The Keck Affair

The Keek fallure is still upon the tongues of people here, and by couversation wlth interestecl parties we find tliat things are very far frora being settled. The Detroit stock inventoried at $00,000, which is said to be at least $10,000 below cost wlth f17,000 in accounts, $12,000 of which are considered good. The Ann Arbor stock inventoried at f19,000 with $7,000 in accounts, of which $5000 are considered good. These inventories are low, being put down to what was considered cash val ue, should a sale have been made, and would realize considerable more to be sold out in the regular way of business. Of the $7.000 accounts at the Ann Arbor store $5,000 were assigned to the Ann Arbor Savinga Hsink to secure its note of $3,000 and the $2,000 balance has been assigned to the lst Xational Bank. No a8signment has been or probably will be made by Mr. Keek. It is rumored that there are parties in Detroit who have made an advantageous offer for the stock and book accounts in that city. If this offer 8accepted it is thought that ¦ sufflcient number of the creditors can be pald up so that Wm. Apiill can take posses sion of the store here, open it up and sell off the stock or continue the business, as he dioses. ' During the time Mr. Keek was not to bs found last week by Detroit and Ann Arbor reporters he was on bis way froni Detroit to Ann Arbor on foot. He bid not saved suflicient out cf the wreek to pay his fare home on the cars. One thlng is certain Mr. Keek and his family have always been very económica), never extravagant, and everything he liad to his name has been turned over to bil creditors. Such men are not apt to remain dormant long after a fall. In conversation wlth a Detroit gentleman who appeared to be familiar with the ciicumstances, he remarked: "Had the Ann Arbor creditors of Mr. Keek been as lenient as were the Detroit creditors, he would have been a ncli man in less than two years. He had everything ready for a big trade, and there is every reason to believe he would have liad i big trade. These four weeks lost now are worth more than any three or tour rnonths of the year. I regret that wliat might have been a great success lias been made such a disnial fallare." Country roads have not kept pace with national developmcnts in other respect?, and the day is not far ili-tmt wheu tlie subject must be up in earne.t and a system inaugurated by which what is expended upon them one year Is not entirely dissipnted before the next year comes around. The questioti has been left mainly to the farmers and tliey liave been slow to act, but inany of them begin to see thelr mlstakes and are ripe for a better system. And it wil] come before miiny yeure. - Cedur Springs Clipper. Dexter Leader : "TheCouuiEulaments the fact Ibat tlie ruge for evergreens liaving died out, soon wilt thoíe tliat have adorned the yard at Aun Arbor, be gone forever, The Courier isrirht; without its beautiful vegetution tliat city tould not well be likened to 'Ano ArborV "