, 1877-12-20
GONE UNDER.
n. w, WethereII Forced to Make
an Assignment.
rat csal Firm sf Kelley. Harley & u. IN a Slmi.
lar Prtitameni.
Tho Situation Of Affairs at tho Broken
Banks Yesterday.


nade an assignment IN ". II. Nryan for tho iIcnc.
II Of his ctcAunrs. The rnusea of tho failure may
pe atfihuted 10 hnh drihA, The Gtc, t~al. estate
REGULATIONS. uNsnceesrful manufacturing cntcr.
prlrcs, and The depression In Trade generally. Ac-
eordng to Mr. Ycihc1cll'a own sta,cncrt lhc faIl.
p,e l.. bad one. 10 aay The least. The gentleman
10 prostrated from tho excitement and anxiety he
has passed through In trying 10 avoid the cras!.
which was BONN, 10 come, and which he has lcen
fighting since 1879. The arm al II. W. i !.
u. Wcthnrcn was well known hero be.
tSrs .'most TT ,hc '' eose Il The W.T. wai to asest
millinery and fancy goods hauee IN thu Wr.t.
From 1915 to 1871 ita trade wanc 10 rome degree,
il eout financial standlnE. Thn hnurc tlen car.
iicl tarrr stuck IN New. York, and lmpor.rt
.rsy: as.!'nR Ti.s nr1ly q, tq !1'Ss;s T.
rsd havoc with tl.c house. and In this terrific artl
isGsn 9f'i " H. 1s H. @ Wchs, aea and s e
toveu. Mr. II. ". Wu.herel Continuing tho busl.
pcss
Albion White lead wnrk.. OF Tnnnlon. Mass,
which have always proved lneing tnncrrn. Though
mailing ;,e1y e1tsllent 1aasIty q whI.e:lead.
tfu.c,'s real estate. Then hc bcra,nc interested
in p.anng snilt1. timber 1an,'s. etc. tn luaInna
md elsewhere, all Of WHICH have pro'eh nnfortu-
tfavau.nt man. md those who know him nrn fully
awatc that he las a1wny4 bcen bart-wuskinR uud
nnAc3H fnIH+ HuL ~ same Oil htDfY
tro many Isons tn t''o 1st. and TOO much kind.
ner* in Endorsing other peoples pnprr. Mr.
we.herell !: & . kMtu;neartea ~ man, an! those
htn, a. always liberal and 'n,n,nnc. mil mover
hard upon his debtors. The complications which
eau.sd tue failure rim baek ten years Or morn.
Of hi. 6nancial b'nnders. When II wnr n losln2
, concern he &C, adTansc. t Y nonry T. exhausted
tapal q Co., sn s sa'ir ,s ,e llS
himself became personally Liable to Tho savings
b,nka Of Taunton anu New bedford. Ma.a. for any
:sssssss 9'eA !s %sy "f IL Victims; ssfass ss e. ' H.
e'pss { hss!ne @ nothing s@"tis tis weses: %s:
lypotl,ecated, and. having ccnn,c worthless, Tho
cfed!tots are clamarons for their pAy. 7 was this.
nure than aaythnr c!tc; which prcc!pttatcti thy
fairs In TIM hanJs Of m asagncc, m to prntcct
a h. sredttofs, ana not allow n,;y t. hs s;sneeay
hontc for 81 600, tho note having Eone 10 ptotess.
THIS Judgment cut aG, In measure. a further
chance ot eosNtlnnins s business Mr. Ssw Is fully
AfieT ths ars ii 1s71. In ths city. MIR. wc.hcrcll
suffered most terrible rcvestc*. III the notnn frc
up hls claim in bankruptcy. ,pvn wi,icl. he nb-
ta!ncd 4 per cent. iic wa1 alt, ln!nrtc. On ths
saHe mans paper for IT, 40. whtcl h. hnl ,npay.
burned down, and. being Hhe.th.sA nrns,rct"r, lie
lost <2s t0n. Thu I;nstan hru followed this, and
out Of elcsrn Horton Insurance companies III which
stter lor.. Ns II not ratls1rl with sh's. dre
dess[oYsa s;o; 0e9 w"tih q tam,er nr'n thu lMtt.
worthless. Against these rcsersts The gentleman
hls cndeay0retl TO fight, lie has faced hls financial
dtnm hrAsc!v. AMI vnlcasorc6 10 rreurcratc hfs
lii real cssafe ta1cs and tntcrrat Alto him up. lls
millinery business WAL n good and payn. nnc, hut
the tnenn,u ftu,n It waa mt large ceoush to tnake
up fnr over quarter II MILAN In lnsaes 1f ready
NDucy, The stock 3s nfutAl1Y wuFttl, hccHstttbLs
10 marke. price, aouut so, tl'o. THO bill. re-
ss.,eo sd o6S sok aeeoun1s may annnt t.
aggregate tai. nns.,'rt. Iha hous: i'an not yat
" stse All Az ,ya nSi
lns, acco1tsins to hi, own say.tu, anil md hc is
busy preparing a abatement, which !.c hopes T..
The creditors |. espc:tet tn l,e sl.t In New ior
they wiii decide y forev $lf weths5el! lnto 'aaE
eLtsrful1y submit. Ills crcsi!tass ars all located
ID NEW tp!k ard Mns"achnsc!tt. 1t' real ctiatt
wa1f wn ~ ws.'rs,l . 1ns !. X. nr al IT
KELLEY, MnHLEY Il to.
The proycsb ''ltB MI III wind that blown no une
Eo9I will ret!lapa s'nn have cGn'nan,on;
'lts Cood wEtl that howa no nriu bArm," fo4
II tte rrcrcrt wart1 weather. ~ ruatahc tn cu.l
cousHE,ctr, continues much longer, thcra will b.
elr IL th's city. one .trm. kellny, Marley u Co..
as already s,ccumbed. md morc nsa likely to fol.
low II kt1ss kFtngtn doctnt s.rlM; Il rUl snap with
LIN, Thntr r,ote for S:.p. 600, held by the North.
wcstcen National I1nnk, went to ufUtrst Tuesday.
md ro4tcr.tuy they concluded 10 Eay down. Las,
cvcnlaR the members of thu fsm wvrc
IN chnsn ltatlnn with Witt Dexter, Es1., the!I
. counsel. but all the information obthinulie from
hin WI. that thu liabilities amounted 10 nhnni
1900 400, and the as.et< to 10 cents on Ills do'ar.
A atateuent was ~ preparation. aud Mund uc SUI
!aittea To tho Creditors next week. From anuttcl
source II WIS learned ihat while Tho wA1n went thrE
had donh.,ass much Ia do with tho sufpcrsiun,
Aincn 1t cut down yatca very materially tho real
eautc Of tho faalnro was the hfin was acl1ng cnI
al last summer at 81, $3..'. md 81. 71-from ht
to 10 ccNts below tho market p.tce, md lr*.
than cost. Other dea!srs pursued tho ran,s
course. aud The shutting dnwH nf theso mct
u anticipated daily. It w&* impossible IL scc.lEc
llAt OF thu creditors, a. there suuu,ctl tu o ds.
tMsltion 10 keep tin facts tst, thu failure belll:
characterized NJ Ut .'no colltstI'lGncc. reIa,t
g. however, Alter long ttast, learned that thu
northwestern SatpAnl ltank Arc stnGk IN ttIu TX
tent 0f 2ttI. 900, tho [int!ct IoLury Company a
l'n!t4lu, e.0tt. 0tN: John Todd, of Cleveland
f!u, ,O0U; Smith. Cant j. Co.. $40, 0E0; nnd VIII.
,am l. sso.t = e., Of Et's; g1h. 600; T'!'
nsAtsr,s hgaE;ss st, wr'S on{ aErr"ximatc; Ths's
cst!.ate OF nsse,. nhfaiHae was that cEyep by m,
t,tornry. but whGlIar ttc 10 cents IL exclusive .
thg ,norttn:Gs on Thu lTupetty ownod by Acssra
kelley mud Murtny ID HtkiIuvn. It tho closc 0
lusi siness yrstef1ay iluy haa ab<,A. "a. U0O tons
c1ak IN elana. Tho hfnl husr been In bushes
hrte four ycnrb. anl sll,. g.,oh t!ade. They so.
well, aud WHuEi tlnutEcra hlvu pulled tf,suuXt
hJuiy la4a't ususped the Itaee Vt Deconiber.