The Ohio star. [volume] (Ravenna, Ohio) 1830-1854, 1854-02-08
Whole Number 1858

| Many voices responded in the affirmative q n J
then the chairman put The nsgarve.
'NOr said Mr.. A, in loud. positive voice
and 'Nu'-'no'-no,' came from three others.
but in tones far less emphatic.
Now let see how far the ayes and nayes
represent the amount claimed from Mr.. Edridge.'
! On examination, it was found that those who
were in favor of accepting the assignment, and re
leasing the debtor, were creditors to the amount
ofone hundred and thirty thousand dollars, and
the twenty ihousan were due 10 those who re,
fused to ielease him-six thoasaud of this TO Mr.
A..
To you, who have thus kindly considered and
felt for my painful siiuaton,' said Mr.. Eidridge, i
must be permitted TO express my deep gratitude
and you who do not seem to regard me rs hon.
est, must certainly beg reconsideration of your
present views Unless you all agree, nothing, |
fear, can be done. Even ifa portion of you were
to relense me. how could possibly bear up, with
out any money to sustain me-, against the balance
Of the caims! Could not pay them.'
Suppose we adjourn the meeting until eleven
O'Clock TO morrow morning. Perhaps by that time
those who object will think better of it, suggested
one.
Don't latter YOURSELF said Mr.. A. sneer
ingly.
Il move that we adjourn urtil to morrow morn
ing at eleven O'clock. said Mr.. B.
The motion was seconded, and carried, aud the
meeting accordingly adjourned
Mr.. A. walked down Wall street with
Mr.. T also one of the objectors to the release
i don't know, Mr.. A said the latter, but
I'm half inclined to think that sha vote 10 NOR
row for the release of EIdridge.'
You'll be fool if you do, let me tell you thatr
responded A..
i can't see any good that is to grow out of refu-
sing
'Can't you, indeed! Well, perhaps I can en-
| tighten you lttle.'
i wish you would-for light on the subject would
certainly be very acceptable
It's the only way you will ever get the whole of
your money
How can that be, when the debtor is insolvent?'
IF we positively refuse a compromise said
| A. the res. of the creditors will buy us off,
The estate, am convinced, will pay seventy five
cents on the dollar. We should be entitled to that
much any how; and for the sake of getting US to
release old Eldridge, some of The very hunane
ones will propose to allow US our full Claims, and
the rsst will come into it. That's the way al
ways do, and l get my full amount four times out
of five.'
/, There is not mach danger of you, see,' re-
marked Il.
No, that there is not. l claim my own. and will
have it. I'm one of the solvent ones, and cannot
sympathzs with men who want to get off without
paying their debts. There are two or three men
among Eldrdge's creditors who are little ticksh;
and they owe me. want 10 let them see just
what they hvae TO expect
And what good will that do. Mr.. Al?
"A great deal. They'll take care to be off of
my books before they knock under -
T parted with A. under a high idea of
his shrewdness, resolving TO initiate SO fair a spec
linen ofa prudent and safe merchant.
We'll he may say that he belongs to the SOL
vent class he remarked to himself as he walked
musingly along. 1T reqlires more shrewdness
thnn dreamed otto get safely in these times
| At eleven O'Clock the next morning, the second
meeting of creditors was held. The friends of the
debtor had, in the mean time, been at work upon
those who had refused on the day p: p:evous to sign
off. All had agreed to the arrangement but A.,
argument nor persuasion could move. In vain did
ElGrdge represent to them his condition, stripped
prospectiyely. of every thing aud with family
raised amid plenty looking up to him for support.
Surely, Mr.. A. he said, misfortune is no
crime
Every bankrupt specuator is criminal A.
responded, angrily.
i deny the implied allegation. 1t is fa'se, and
basely co. Edrldge replied, his honest blood ar
oused to indignation. i never speculated to the
amount of a single doIlal!'
Shame! shame! shame None but base wretch
could thus insult the unfortunate! the respon
ses which broke from many lips.
Mr.. Chairman said one of the creditors rising.
the claims Of Mr.. A. and Mr. r amount
to but eight thousand dollars. Ipropose that they
be paid off in full and that the rest Of as take the
assignment and give Mr.. Eldridge an honorable
release. 1t will reduce our dividend but an unim-
portant trife. You canrot choke them off in any
other way. know them, and think We allknow
| them.'
Il am as anxious rs any one 10 see Mr. Edridge
,re, whom we all know to be honest and honor
able, released but have no idea of rewardng
unfeelns cupidty in the way you propose said
another. sfs..ss s.E -s.-
But there is way of avoiding if, unless we
punish the inroceut with the guilty.
That is the difficulty, replied the other, mus
ing. Well he continued, i suppose there is no
help for it. / shall have TO waive my objections
The matter now put to vote. and they de-
cided to accept the assignment, aud pay OFF in full
the to obstinate creditors,
| Conciud Rert icerk
Reported expressly for the Eact.]
Meeting of the State Board of Agrf-