Failure Of The Muehlig Brothers

With some degree of astonishment the news was eirculated yesterday morning that the firm of J. Muehlig & Bro., furniture manufacturera and dealers, had failed. Further inquines revealed the fact that such was the case and that the amount of their indebtedness was $22,000. They have considerable property, yet it is heavily encumbered with mortgages. So far as we are able to learn this property consists of two lots and stores on Main street, 80 acres of land and a sawmill at Mooreville, 10 acres of land on the Ypsilanti road, and a heavy stock of goods in 1 the store. The creditors are quite numerous büt live mostly in this city and vicinity. The heaviest are : E. Treadwell, S5,ooo, the Ann Arbor Savings Bank, D. Cramer, G. Schneider, A. Dunn and John Thompson. This indebledness is nearly all for borrowed money. The firm claim to be able to meet all the demands against them and would have I done so if they had not been too hard pressed all at once. An assignment of the property real and personal, has been made to D. nier. An inventory is being taken at the present time. The failure is probably due to mismanagement.