Publication: The Trenton Evening Times
Trenton, NJ, United States
TRENTON COMPANY PUT IN BANKRUPTCY
Involuntary bankruptcy proceedings against the Porcelain Electrical Manufacturing Company of Trenton were instituted today in the United States District Court by Secor & Company, E. H. Freeman Electric Company and the Vacuum Oil Company.
The petition shows that the Porcelain Manufacturing Company owes Secor & Company $1,400, E. H. Freeman Company $20 and the Vacuum Oil Company $10. It is alleged that the company has not the money with which to pay these debts.
It is charged in the petition that the local concern committed an act of bankruptcy a few months ago when to prefer a creditor, it gave a chattel mortgage on its stock to the Hudson Porcelain Company.
The company is about three years old. Its officers are Charles A. Secor, of New York, president; Holt Secor, of New York, secretary and Charles H. Tichenor of Trenton, treasurer. The plant is at 54 Seward Avenue.