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A Big Failure In Ypsilanti

A Big Failure In Ypsilanti image
Parent Issue
Public Domain
OCR Text

bichólas Cordary, of Ypsilanti, a Wholesale dealer in groceries and provisions, flled an assignrnent to Judge William Look, of Detroit, inthecounty clerk's offic9 Monday. At the time he filed it, Lawyer Griffin, of Ypsilanti was in au adjoiningroombusily writing out two attachments. ilr. Cordary had been in business in Ypsilanti since 1864 and had done an extensivo business. He was quoted by the commercial agencies as gilt edge and was generally supj posed to be worth at least $50,000. His ïabilities are estimated at S50.000 and his assets at S20,000. It is said tliat Mrs. Cordary has considerable property n her name, and by deed made Feb. 24 and filed in the register's office June 21, Mr. Cordary deeded the store in which ie does business to his wife. Since the rlling of the assignment, seventeen re plevin suits have been entered in the circuit court for goods ranging in dtnount from S500 to $2,000, mostly by JJetroit firma. Atemporary injunction ïas been granted by Circuit Court Commissioner McKernan restraining Assignee Look or Cordary from disposing of any of the goods without a further order of the court.


Ann Arbor Argus
Old News