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Co-operation

Co-operation image
Parent Issue
Day
11
Month
May
Year
1877
Copyright
Public Domain
OCR Text

A new feature oí OO-operation bas been developed in Massaolmsetts. The New Erigían i ñboi and Leathor Associatiou has maugurated a bureau of debt and debkiia, lts object is to créate a fund t employ counsel, to prevent business failures and compel botter settlements. Bvery siilisoiuber is to coutributa amrartlly according to the nmoimt of businees transaoted, as Eollows: $100,000, or nnder, $25; between $100,000 and $'250.000, $50; between$250,0(K)aii(l 8500,000, $75,and f600,000 and over, 100. Eaoh subBcriberis entitlcd to receive the benefit of the total fond dnring the curren! year of hls Bubsoription, Attempts will be made to have the speoial ooiuisol take oharge of the muriness of i man likely to fail, and, by a species of arbitratioQ, determine a oompromise that will protiict both the debtor and ereditow fromthe ravages of public legal controveray.

Article

Subjects
Old News
Michigan Argus