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Story
March 11, 1897
The Topeka State Journal
Topeka, Shawnee County, Kansas
What is this article about?
Charles D. Monroe of Springfield and Frederick W. Eaton of Southbridge/Boston voluntarily assigned assets to L. E. Moore, with Pynchon National Bank President Chapin as signee, as real estate in Denver, Philadelphia, and Southbridge covers their $150,000 total debts but cannot be liquidated now.
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95%
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Full Text
BOSTON MEN ASSIGN.
Had Sufficient Assets But Couldn't Realize on Them.
Springfield, Mass., March 11.-Charles D. Monroe of this city, formerly of South Bridge, and Frederick W. Eaton of South Bridge and Boston, have made a voluntary assignment to L. E. Moore of Newton, with President Chapin of Pynchon National bank as signee.
The indebtedness of both parties is covered by real estate in Denver, Philadelphia and South Bridge, the value of which is more than enough to meet all of the obligations, but cannot be realized upon at the present time.
Mr. Monroe's liabilities amount to $100,000 and Mr. Eaton's to about $50,000.
Had Sufficient Assets But Couldn't Realize on Them.
Springfield, Mass., March 11.-Charles D. Monroe of this city, formerly of South Bridge, and Frederick W. Eaton of South Bridge and Boston, have made a voluntary assignment to L. E. Moore of Newton, with President Chapin of Pynchon National bank as signee.
The indebtedness of both parties is covered by real estate in Denver, Philadelphia and South Bridge, the value of which is more than enough to meet all of the obligations, but cannot be realized upon at the present time.
Mr. Monroe's liabilities amount to $100,000 and Mr. Eaton's to about $50,000.
What sub-type of article is it?
Financial Assignment
What themes does it cover?
Fortune Reversal
Misfortune
What keywords are associated?
Voluntary Assignment
Real Estate Assets
Liabilities
Financial Distress
What entities or persons were involved?
Charles D. Monroe
Frederick W. Eaton
L. E. Moore
President Chapin
Where did it happen?
Springfield, Mass.; South Bridge; Boston; Denver; Philadelphia
Story Details
Key Persons
Charles D. Monroe
Frederick W. Eaton
L. E. Moore
President Chapin
Location
Springfield, Mass.; South Bridge; Boston; Denver; Philadelphia
Event Date
March 11
Story Details
Charles D. Monroe and Frederick W. Eaton made a voluntary assignment to L. E. Moore, with President Chapin as signee, due to inability to realize on sufficient real estate assets covering their $100,000 and $50,000 liabilities respectively.