Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1880-12-17

sad lnW-neuce tne nCCcbblty Ol Que HOIe
proclamation by me. A sad sight it was,
surely, to see Sheriff Starkey arrive in town
in care Of Joel Butterheld OF Marlboro. To
avoid many such heart-rending scenes | adj
wise all fishermen in Wndham county to read
carefully the fish law with its severe penal
ties, remembering at the same time that those
men who secured the passage Of that law are
amply able to enforce il also to read this
article, believing all the time that every well
authenticated complaint presented to me for
my signature for the violation of the fish law
will Mt once receive the same and Sheriff
Starkey will soon be on the road to be again ar
rested by some offender and returned to town.
1 say, give this subject careful and
candid consideration, and then if you really
would like to ride with Starkey, and fully be-
lieve that trout fishing this winter will pay,
then my advice TO you is bait your hook and
90 for them. Selah
W. II. ALEXANDER,
GraadjurorJor Windiam Co. torhefL IAN.
Dec. 10, 1880.
CITIZENS LECTURE COURSE
-EdtOr PhaHir In common with u
few of the citizens Of Brattloboro, listened
to the admirable lecture Of the Rev. Mr.
Merrill last Wednesday evening, and would
like to express through your columns a few
reflections which passed through my mind,
suggested by the lecture and the object to
which the proceeds Of the course is to be de-
voted. Firstly, it seemed to me sad that 20
few young people, and especially 80 few
young men, cared TO avail themselves of the
advantage of listening to such an accom-
plished gentleman on such a topic. Then
wondered if the people of Brattleboro knew,
or could appreciate the fact that they had
among them a man of such wide reading,
such keen observation, and such q Just APP
probation Of the value and dignity Of honest
toll. The lecture was worthy Of a much
larger audience. And then, when we take
into accoun. the object sought to be attained
the opening OF public reading room-one
i led to fear that such an institution, though
indeed greatly needed, is not much desired
by the very class it is intended TO benefit. If
the young men Of the village have any desire
to profit by the advantages Of such an institu-
ton why were they not out Mt the lecture
ia crowds II they do not care to patronize
a course Of lectures for the benefit of Il read
lug room, would they care for the reading
room; / do not wish to discourage those
who are interested in this institution, nor
wish to throw cold water OH their zeal for
good cause and the discouraging emptiness
of the hall reflects discredit only on the good
taste and judgment of those who were not
day. Mr.. Merrill had no reason to be
ashamed but this cannot be said of the young
men Of the village. Yours,
OBSERVER
THE MEETING or PERRY cREssY's CREDITORS
NH. PERRY's STATEMENT.
Prom the Boston journals "City Article" Monday,
18th inst.l
The looseness of some business firms,
whose standing would lead one to expect diff
ferent state of things, was again illustrated at
the meeting Of the creditors Of Perry & Cres-
sy, boot and shoe dealers of Brattleboro, VT,
on Saturday. 1t came out during the meeting
that neither of the firm knew anything about
the business yet they bought out dealer,
paid him for his stock at his own valuation,
and gave him bonus OF nearly $1,000 besides.
They understood the business was worth
$1,000 net month @, and of course had
been quite anxious to buy out the dealer.
Mr.. Perry stated at the meeting that they had
never made any money since they started in
1915; yet they did not find that out until they
took an account If stock in November. They
had never kept cash book or ledger, and
each had taken the firms money to speculate
with on Wall street. In undertaking this lat
ter they had lost about $500, but broker in
New York had claim of $1,000 against Mr.
Cressy, which was repudiated by Mr.. c., and
1t was to protect the property of creditors
from attachment that they had filed volun-
tary petition in insolvency, and hearing to
appoint one or more assignees takes place
next Saturday in Brattleboro. They have La
bilities of SIS, 45G.O7, but the larger portion
is for borrowed uoney-SG00O to Mr.. Cressy's
father and $4,000 to Mr. Perry's brother, $500
to the Peoples bank of Brattleboro, and $500
to Mr.. SImonds. The merchandise indebt
edness is So, $500 The money borrowed
of relatives was obtained to establish them in
business, and represents principal and inter
est. They claim that their failure was due to
the shrinkage upon the goods they had bought
when they first started, and also upon other
goods since. The creditors were evidently
much dissatisfied with the representations
made by Mr.. Perry, who was present at the
meeting, and the offer of the firm to settle for
- cents on the dollar was rejected. The as
sets are 1896 in stock, most of which is upon
their own admission fresh, s6lO.47 in good
accounts out of a total of $500 (Which is a
large shrinkage), $j49. 60 cash in the bank,
$500 in fixtures. This shows 43 per cent up
on the liabilities instead of %, as offered, and
the creditors accordingly voted to accept 40
cents, and "A committee of three was appoint
ed to take charge of the interests of the cred
itors in making any settlement, and to repre-
sent them at a hearing in insolvency if neces-
Sary. Under a national bankrupt law the dis |
charge of debtors not keeping a complete set
of books would be a difficult matter, and this |
negligence on the part of traders is altogether
a very serious matter. Certainly business
houses giving credit should fully Inquire into
the system employed by parties wanting
goods, and the mercantile agencies should also |
give this attention in making their inquiries.