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FOX DIAMOND FAILURE.Gustave Fox and Lee Kaufman, part-rlt; rs under the style of Gustave Fox at t'o . diamond dealers at No. 6 East Fourth Htreet and 406 Vine street, astigned on hatur.lay to Gu*$ May for the benefit of creditors, with assets placed at $25,000 and labilities at $35,000. The diamond trade has not been prosperous doing the last few years of hard times, the sparklers being among the luxuries which could be most readily dispensed with, while money was hard to get and harder to keep.Five chattel mortgage* were filed before. assignment, giving preferences as folkiwTi. Second National Bank, $1,000; Isaac S. Straus, $1,500; Julius Kauffman, 11,500; Win. C. Cramer. $633 59, Jennie Fox. $3,691 7k. Tl*« creditors of the firm are largely la the East, and they have always wd great confidence in the integrity of ita management. It 1* believedthat the troubles will soon be adjusted and business returned. Bond In $4u,000 was given by the assignee.Another failure was that of the Harri-•on Fruit and Packing Company, of Harrison, O., which assigned for creditors to Frank. Bowlea. The creditors will not be likely to realize large percentage on their claims, sf. the assets are given as only worth $500, while the liabilities are ptlt at $3.(00. The business was, however, owned by many small stockholders. It being started as a public enterprise. Bull to asse ss the stock holders upon their statutory liability was also filed by Frank Bowles. Ge .rge B. Goodhart, attorney.
Newspaper Details
Cincinnati Commercial Gazette
Cincinnati, Ohio, US
Fri, Jan 17, 1896
Page 28
Full Page
Clipped by
Cincinnati A.
OH, USA 21 Apr 2021
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