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    1. [INMONROE] Ades Brothers, Clothiers at Bedford, Unable to Pay Bills to Creditors Due to Bank Failures & Poor Sales
    2. Constance Shotts
    3. Bloomington (Monroe County, Indiana) Telephone, October 24, 1893, p. 1. Bedford Mail of yesterday: "Ades Bros., the clothiers, assigned on Saturday, for the benefit of their creditors. Their store at Terre Haute went under first, and then collapse of the Bedford branch followed. The firm lost by the failure of the Prairie City Bank, of Terre Haute; and the Bedford bank, of this place; and this fact, together with the dullness of trade, made them unable to meet their summer bills, due wholesale houses of which they had bought goods. One of the members of the firm informs us that they assigned in order to give all the creditors an equal chance to get what is due them, and that their assets will exceed their liabilities. No one in Bedford will suffer, even if they fail to pay out, as all their creditors are wholesalers." Constance T. Shotts, Ed.D., CG(SM) CG and Certified Genealogist are Service Marks of the Board for Certification of Genealogists, used under license by board certificants after periodic evaluations by the Board and the board name is a trademark registered in the US Patent and Trademark Office.

    06/10/2014 03:30:07