The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-10-29
Another Absconding Cincinnati Mer.
nh

From the Cincinnati Commercial October l4l
Some days since heard of the assignment and failure
OF Henry Falls carpet dealer No 65 West Fourth street.
though in such way prevented the publication of the
intelligence; but yesterday the announcement pub
icy made, and oil his Eastern creditors had made
adavs that he bad left the country for the purpose
swindng the sheriff took possession of the store and
stock
The facts of the affair seem to be thcse-Fslls whose
credit has not been good for months, and whose
NAME attached to various papers designed money
has become very familiar IN Third street, made an as
signmcnt privately to Messrs. Hail. Carroll Co., on the
9th inst and the day following left for the East for tho
ostensibc purpose Of purchasing goods.
Before quitting the city he converted all his bills re-
cevabc into cash, obtained what discounts and rowcd
what he could, and disposed of much of his
stock as was possible without exciting suspicion thus
raising, is supposed, about 1875 900 ready money
Recent developments have induced the belief thai Falls
has left the country, H. Higgins Co., OF New York
who have claim against him Tor $40 900, having made
affidavit to that effect yesterday before their attorneys
Thompson Nesmth. His liabilities here and in the East
are said to be over 500 000one house in this city Can
auction firm having loaned him more than $4,000
Falls has been in business here ten or twelve years.
and until within twelve fifteen months past was regard
ed as successful merchant his apparently cautious and
economical habits tending create that impression Re
Gently he has been as said in Third street, hard up
and been borrower under all the various forms known
TO parties financially embarrassed and consequently his
failure was not unexpected His honesty however, far
know not doubted. and his abscon ling there
lore, created no little surprise.
1t is said he has been living cxtravaganty of late
and though a man Of family, having wife and two
or three children that he has had mistress, whose
house. in Covington, richly and extensively fur
nshed and whose large outlay has done much to en-
barrass him day or two before he left the furniture
Of that establishment disposed Of ut auction, but
whether the frnil accompanied followed him in his
flight is unknown He was We learn, much attached to
herfoolishly fond indcedand gratided her every WISH
and that this generosity proved expensive those familiar
with such things need not be told
singular circumstance connected with this matter Isl
that bis collector day two before Falls departure
himself left the city with several hundred dollars of his
employers funds Whether Falls caught the infection
from his collector the collector anticipated his en-,
poyers purpose, We will not undertake TO determine.
Falls stock OF goods will realize fair sum- no doubt
but he had disposed Of good deal Of it, and the amount
Of unsatsed claims viii st be large probably 800 900
IL Ia supposed that the deiaultng and abscondlng mer
chant has sailed for Europe, intending to enjoy on the
Continent the fruit Of his LII gotten gains.