Hemingray listed among creditors of R. Douglass Crockery company

A CROCKERY HOUSE FAILS

THE R. DOUGLAS COMPANY

MADE A DEED OF TRUST.

TO GEORGE M’ININCH FOR THE

BENEFIT OF CREDITORS.

Great Surprise Was Expressed When

the Action of the Company Became

Known — The Merchants' Bank of

This City is the Heaviest Creditor —

It is Thought the House Will Resume

Business in a Short Time.

The R. Douglass Crockery company at the northeast corner of Sixth and Edmond Streets made an assignment at 11 o'clock yesterday, when a deed of trust was given to George H. McIninch, who immediately took possession of the stock.

The entire stock of crockery, glass­ware, cutlery, queensware, china and silverware in the elegant store was inculded [sic] included in the deed of trust. The store fixtures, office furniture and goods stored in railroad freight depots and storage rooms were also included. .

The Merchants' bank of this city is the heaviest creditor. It holds prom­issory notes against the firm aggregating $30,000. The Park Bank holds notes for $3,000, and the First National bank of Denver has a claim of $1,500. These three banks are named as pre­ferred creditors, and are to be paid first. The outside creditors are then to be paid, according to the terms of the deed of trust, and in case all indebted­ness is not paid by the assets the accounts of creditors are to be pro rated.

List of Creditors.

The creditors named in the deed of trust, in addition to the banks already mentioned, are as follows:

Alfred Meakin, Tunstal, England, four drafts aggregating 664 pounds, 8 shillings and 7 pence — about $3,333.

Johnson Bros', Henley, England, two drafts amounting to 319 pounds, 3 shil­lings and 2 pence, or $1,595.75.

A. J. Wilkinson, drafts amounting to 412 pounds,, 13 shillings and 11 pence, or about $3,064.

Wood & Son, 391 pounds, 19 shillings, or about $1,959.

The above are the only creditors out­side of the United States. Haviland & Co., New York, hold a claim amount­ing to $1,950.13.

Marion Fruit Jar and Bottle company, Marion, Ind., $2,199.

J. D. Burgen company, Meriden, Conn., $49.50.

Pierpont Manufacturing Company, Chicago, $299.50.

Charles J. Hauch & Son, $193.01.

T. G. Hawks & Co., Corning, N. Y., $44.43.

B. Gunthel, New York, $738.59.

Knowles, Taylor & Knowles company, East Liverpool, Ohio, $2,178.23.

Ed Miller & Co., Meriden, Conn., $584.83.

German, Borgfelder & Co., New York, $4,951.76.

Riveside [sic] Riverside Glass Works, Wellsburg, W. Va., $20.60.

Benedict Manufacturing company, Syracuse, N. Y., $407.60.

Plume & Atwood Manufacturing company, Chicago, $60.68.

Rogers & Hamilton company, Pittsbury, Conn., $508.16.

Rochester Tumbler company, Pittsburg. $2,807.87.

Davidson Bros., New York, $83.

Eagle Glass company, Wellsburg, W. Va., $40.

Illinois Glass company, St. Louis, $104.51.

McKeand Bros., Pittsburg, $2,872.58.

Nichol Pottery company, East Liverpool, Ohio, $113.11.

Goodyear Rubber company, Kansas city, $323.94.

Hemingray Glass company, Coving­ton, Ky., $17.33.

Charles Parker company, Meriden, Conn., $122.17.

C. P. Parrish & Co., $53.25.

Missouri Pottery Co., Kansas City, $6.96.

Reid & Barton, Trenton, Mass., $604.91.

Boyce Bros., Pittsburg, $77.95.

Rogers Manufacturing Co., Buffalo, $101.

Strauss & Son, New York, $22.27.

Lonhuada Balance Co., Zanesville, $530.18.

Libby Glass Co., Toledo, $3.10.

Haviland & Abbott, New York, $182.44.

Theodore Haviland, New York, $229.73.

Burley & Tyrrell, Chicago, $55.50.

Mercer Pottery Co., Trenton, N. J., $48.02.

Wheeling Metal Co., Wheeling, $82.50.

Dithride [sic] Dithridge & Co., Pittsburg, $9.25.

Dicks & Wigham, Dayton, O., $44.96.

N. Luchting, Hamburg, Germany, $109.35.

Haviland & Co., New York, $84.54.

Marion Fruit Jar company, Marion, Ind., $530.64.

E. De la Chappelle, Ottawa, Ill., $34.15.

Evans & Co., Pittsburg, $14.50.

Potter's Co-operative Co., East Liver­pool, Ohio, $48.84.

Whiting Manufacturing Co., New York, $64.55.

Johnson Bros., New York. $9.51.

Something About the House.

The business house now known as the R. Douglas Crockery company was founded in 1859 by A. Douglas, and in 1860 J. W. and Robert Douglas, Sr., were admitted under the firm name of A. Douglas & Co. In 1862 a branch house was opened at Denver, and it has been continued since that time. J. W. Douglas died after several years and Robert Douglas had control of the business. In December, 1892, the firm incorporated with a paid-up capital stock of $200,000.

At the present time Robert Douglas, Sr., is president of the company; George Cook, vice-president; Robert Douglas, Jr., treasurer; and Peter S. Douglas, secretary. Robert Douglas, Sr., holds 238 shares, George Cook 120 shares, Peter S. Douglas 21 shares and Robert Douglas, Jr,, 21 shares. For years the company was located at 110 and 112 South Third street, and in January, 1895, removed to the present quarters. The business here was under the con­trol of Robert Douglas, Sr., and the Denver house is managed by Robert Douglas, Jr. The Denver house is said to be the finest of its kind in the west.

The stock in the St, Joseph house is estimated to be worth about $100,000 and the Denver house about the same. The firm has sufficient accounts outstanding to make the total assets reach near $225,000. The total liabilities, it is claimed, will not reach over $70,000 or $75,000. An exact statement cannot be made at this time as it is thought sev­eral other claims may be filed against the house.

Great surprise was expressed on all hands when the failure was announced yesterday. The heaviest creditor of the house said they had no intimation that such an action was contemplated, and knew nothing of it until the papers were filed. Mr. Douglas could have secured additional financial aid had he applied for it, so it was said.

George E. McIninch, the trustee, said the action of the firm was not really a failure — it was not forced to the wall. Certain, complications had arisen and to get out of the tangle this course had been pursued. He also said it was the intention of the firm to liquidate its indebtedness and resume business. He was of the opinion that the assets would more than pay all indebtedness.

Robert Douglas, Sr., was nearly pros­trated by the failure. He has been in business in this city for a great many years and sympathy for him was ex­pressed on all sides. The belief is general that the firm will resume business shortly, and when it does it will be in better shape than ever before.