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Commercial
June 17, 1773
The Virginia Gazette
Williamsburg, Virginia
What is this article about?
In Amsterdam, persons are appointed to settle the affairs of the failed house of Messrs. Clifford and Son. Passive debts amount to 1,200,000 florins, active debts to 300,000 florins. Creditors refused an offer of 25% on their debts.
Clipping
OCR Quality
98%
Excellent
Full Text
We learn from Amsterdam that proper persons are appointed, and are now actually employed in settling the affairs of the house of Messrs. Clifford and Son, who failed some time ago. It appears that the passive debts of that house amount to 1,200,000 florins, and the active debts to no more than a quarter of that sum, 300,000 florins. It is said that the creditors have been offered 25 per cent. for their debts, but that they have refused to accept it.
What sub-type of article is it?
Appointment
What keywords are associated?
Amsterdam Bankruptcy
Clifford And Son
Debt Settlement
Creditors Refusal
What entities or persons were involved?
Messrs. Clifford And Son
Where did it happen?
Amsterdam
Commercial Details
Location
Amsterdam
Key Figures
Messrs. Clifford And Son
Notable Details
Passive Debts: 1,200,000 Florins
Active Debts: 300,000 Florins
Creditors Offered 25 Per Cent
Creditors Refused