When was it published?

February 14, 1845 in New Hampshire Statesman And State Journal

Domestic News February 14, 1845

New Hampshire Statesman And State Journal

Q: What keywords are associated?

Mercantile Integrity, Debt Repayment, New York Merchants, Dry Goods, Creditors

Concord, Merrimack County, New Hampshire

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What is this article about?

Two New York dry goods merchants, who failed six or eight years ago and settled debts at 50-60 cents on the dollar, unexpectedly paid their old creditors the full deficiency plus interest (one case) or half plus interest (other) at the close of the old year.

Clipping

OCR Quality

98% Excellent

Full Text

Two cases of mercantile integrity are thus mentioned in the N. Y. Journal of Commerce.: Two dry goods merchants, one in Cedar and the other in Chatham street, both of whom failed some six or eight years since, and compromised with their creditors for about 50 to 60 cents on the dollar; having been since then doing a successful business, at the close of the old year waited on their old creditors, unexpectedly to them, with checks for the whole deficiency, with interest, in one instance—and for one half the deficiency, with interest, in the other.

What sub-type of article is it?

Economic

What keywords are associated?

Mercantile Integrity Debt Repayment New York Merchants Dry Goods Creditors

Where did it happen?

New York

Domestic News Details

Primary Location

New York

Event Date

At The Close Of The Old Year

Outcome

merchants paid back the whole deficiency with interest in one case, and half the deficiency with interest in the other.

Event Details

Two dry goods merchants in Cedar and Chatham streets, who failed six or eight years ago and compromised at 50-60 cents on the dollar, after successful business, paid old creditors the deficiencies with interest.