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Big Failure At Oshkosh, Wis.

Big Failure At Oshkosh, Wis. image
Parent Issue
Day
12
Month
October
Year
1888
Copyright
Public Domain
OCR Text

Oshkosh, Wis., Oct. 9.- The proprietors of Clark's Carriage works assigned Monday to Arthur Kellogg, a Green Bay banker. It is said that the nominal assets are $200,000; probable valué to be realized, $570,000. The principal creditors are the National Bank of Oshkosh, about $20,000, secured; S. M. Hay, of Oshkosh, $10,800, partially secured; Senator Sawyer, i.21,000, not secured; J. H. Porter, $'.,jüü, not secured; Chicago and eastèrn credito'-s, about $25,001), not secured. These are the largest carriage works in the west and were founded seven years ago by J. L. Clark, the pioneer match manufacturer, who died four yeare ago. The failure is attributed to dull times and big competition in the carriage business. The works covered several acres and employed 300 men.

Article

Subjects
Ann Arbor Argus
Old News