When was it published?

August 12, 1896 in Evening Journal

Domestic News August 12, 1896

Evening Journal

Q: What sub-type of article is it?

Legal Or Court, Crime, Economic

Q: What entities or persons were involved?

C. E. Fargo, Edward A. Fargo, C. H. Fargo & Co.

Q: What keywords are associated?

Fargo Brothers, Shoe Firm Failure, Chicago Disappearance, Court Subpoena, Fraudulent Assets, Contempt Charge

Wilmington, New Castle County, Delaware

View full issue View on Library of Congress PDF Page 5

What is this article about?

C. E. Fargo and Edward A. Fargo, president and secretary of the failed Chicago shoe firm C. H. Fargo & Co., have left the city after ignoring a court summons to testify on company assets. They are suspected of fraudulently disposing of $225,000 in open accounts.

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Full Text

ASSIGNEES MISSING,

The Members of the Defunct Shoe Firm Leave Chicago.

Chicago, Aug. 12.—C. E. Fargo and Edward A. Fargo, president and secretary respectively of C. H. Fargo & Co., the big shoe dealers who failed last week, have left the city. Diligent inquiry has failed to elicit any trace of them. Friday evening C. E. Fargo accepted summons and also a subpoena issued by master in chancery directing him to appear the following morning and testify touching the assets of the defunct company and the condition of the corporation. Fargo failed to appear, however, and an order was served citing him to show cause why he should not be prosecuted for contempt. It was when they went to serve this upon Mr. Fargo that they learned of the latter's absence.

It is known that the Fargos possessed some $225,000 worth of open accounts, and it is charged that it is to make some fraudulent disposition of these important assets that the Fargos have left town.

What sub-type of article is it?

Legal Or Court Crime Economic

What keywords are associated?

Fargo Brothers Shoe Firm Failure Chicago Disappearance Court Subpoena Fraudulent Assets Contempt Charge

What entities or persons were involved?

C. E. Fargo Edward A. Fargo C. H. Fargo & Co.

Where did it happen?

Chicago

Domestic News Details

Primary Location

Chicago

Event Date

Aug. 12

Key Persons

C. E. Fargo Edward A. Fargo C. H. Fargo & Co.

Outcome

fargos left the city; suspected fraudulent disposition of $225,000 in open accounts; order for contempt issued

Event Details

C. E. Fargo and Edward A. Fargo, president and secretary of C. H. Fargo & Co., which failed last week, have left Chicago without trace. C. E. Fargo accepted a summons and subpoena Friday evening to testify on assets but failed to appear Saturday morning, leading to a contempt order. They are charged with leaving to fraudulently dispose of $225,000 in open accounts.