Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1878-02-26

Co., and American Horse Nail Co., as valued
at $4,000
Deducting balance for which
6M, SpraRue MFG were
liable, of Indebtedness of
the dlhs ent companie-, as
per same repor,, say 53s,19
Leaves balance Of % POI "a net value
of amount due a above, October ST. The ann
re from these different Cunpa lies, also inclnd.
ing Perkins sheet ron Co. on date of December
sist 1871, "a per ''Statem, nj of Assets " as Al
20, l4i.l2, which We have valued at 100000 alter
having received tr IN sam duriug the tour wears
the net amount OF sl6l 3lt IS, a. shown by staie.
M Mt OF 'lieceipis aud Pawn following, when
makes net 'ucrcaseIn mo value, as rcl orted by
tie Committee. oi St,0, 35 with some Mt "a.
geuces, al owed Ion IN hes figures. which IL v
make II ~tili larger. The increase IN ndeGteiu.
oi above CUmptnles, as whole, arises in part
from charges ior interest on bal tuces, pS ment ,
made Tor Is. interest on rfot Ig yes AZ A ii
the indebtedness OF terkias sheet iron Co, now
Included, It's bdtanCes due from the Horse %
and " II orse Na Cos. since settled; ia both these
Companies. the amount due was enron Ously re-.
ported IN 1913 that If the 'lior-e Snoe Co given
1890 should have been 9,is3 % with ~ r., Il
&C afterwards charged up, making, say, : 5000.
al the Ndl o.. 'out - tOl, ihstead OF So no.
Some NJ, 90 - the ludt bt:ine, OF The 'lerAius
Sheet on Co. ind w icoX Ctloric Engine co SO
incl dea N labillirs 81 ths a. Il w Spravue
Manufacturing CO. uader tue head o. IT uet
Morig re Notes 50 Got taken mo account. in TX.
ure- above.
mills, sstores and frlot york .tncluding prints an
gtodr in store was ostin a,ed on rep,t 0l ~ at
. fJV,UUU An inventory OF tane, aiken hV Iru~
CA The l IA ~ December tolaWll < showed IN .
amount 81 : "a 6l>.,l, naSu z IA shrink gs nom
the cstimte 81 sj'ia ~ for tue foriy.lhr 1a,7
lut,rv,nl1g whde the decrease ia AmJdut OF adj
yances on prints was but : - ~ ~ makins An
actual shrrkage, I.r hat time OF sO,5ss %
Cash on hand, sl'OO0o, was app ed by banks
holding same IN pay neht Of notes, dcCeptince~,
&c, OF Hott, SplaSucs Co., Flax % William
sprague and this ompany.
1 here were on hand Oct Der 81, 1873, in notes and
accounts receivable, considered good, : 800 900. ot
tu4s nount We have cpllcc Ell ana app ied a. per
statement folio" In, slos 1861, ana have incluu
ed in assets OF this uate, 81 ~ g bia4ce ctarg
ell n an held with large amount IT other WORTH
less accounts IN suspense Account
Account " iltam spraguc administration estate
OF Byron >progue se'l,d-ste statement follow
william sprasu,s special in wight aad Thing
hast, $500 worthless -une IN m iet OF The firm
ma DOT ihtd disc charge III la1sruptcy)
City Of Augusta bonds 81 Uio--Old see state.
mcut following
CHANGES IN LIABILITIES
Under the he sd OF Trust Mortgage
Notes" on statement of This date.
In ludes the foil wing liabilities on
REPORT OF l>12" win changes ~
noLed, thus
Notes aud acceptances, 81.
10000, les amount paid
see statement following :aud
amt repte-eut.d Oy Bins
Payable this date, bti. : ,gS} 900
Due to the Q iidnicE Co.. s1O7
900; amt after adjustment Of
acct, 2640q
Flax Co'saccounts and notes,
$i5UGl0, less amount paid
see statement following, 1870 coo
Cotton cloth cal loans and
other u, s13 100,
amt paid - stat, ment
following. Dial. being error, G33 30
HOyt, Sprtgue Co = accept
Hnces, S5,t65 800, less amt
Pald-s,e statement follow.
lnk, land amt retd jjmj. $4,000
LIABILITIES OF a 4 W sPRAGUE
VIM gnragup. trusfap