Springfield globe-republic. (Springfield, Ohio) 1884-1887, 1886-01-09
DAVIS IN DEMAND.
Tho Late Proprietor Of an East HaiI
Street Drug Store Wanted by
His Creditors.
The Enterprising Young doctor" Sells Out
HE Establishment and Leaves for Farts
Unknown-His Creditors and How
Much They Arc Left For.

In last evenings GLoBE-REPUBIIc ap-
peared brief item to the effect that Z. W.
Davis had sold out his drug store on East
Main street to p. Z. Montanus. Thereby
hangs Q tale, which, for sufficient reasons
was not published last evening. But Davis
creditors today gave up all hope of his re-
turn and there Is no reason for longer 81
lence in regard to the facts.
Davis Is young unmarried man. and
came here from Missouri about
three years ago. He clerked for a
while at the When Clothing House and
afterwards took position In G. +. Burton's
drug store, which he kept for about two
years. During last summer he left Burton
to clerk for s. c. Bowen. who started a
new drug store Oh East Main street 1t will
be remembered that in the latter part of
September last Bowen skipped town. on AZ
count of an amour with girl In Cincinnati
and consequent domestic trouble. After he
left he disposed Of the drug store through
an agent here. Davis bought it, paying
Sa5 cash and giving note secured by mort,
gage for $500. Besides this he assumed the
debts which Bowen had contracted in the bus
mess, giving to :the associated creditors 9
chateel mortgage. During his proprietor
ship of the store he had paid of some Of
these debts and received credit therefor. A.
he was . young man Of good reputation
with few, II any, personal debts, he had NJ
trouble in obtaining credit to buy good,
from wholesale houses. He not only wen
largely into debt in buying stock, but als'
contracted several personal debts abou
town, Of more or less magnitude
His heaviest creditors were Kaufman
I.atinAr & Co, wholesale druggists o
Columbus. He also had debts for small
bills of goods bought in Cincinnati. As ia
IS known his Springfield creditors ar
Johnston d Son. wholesale tobaccOnists
the Hsyner Distilling Co., Huffman 4
Richter, and E. w. Mcmillan, altogethe
only little over 500.
The sale Of his store to p. E. MOntanu
was first negotiated last Saturday. The in
voice was made and the bargain closed ol
Tuesday, the invoice showing stock to tn
value of something over $1,000
He represented to Mr.. Mon
tanus that everything was clear
except the chattel mortgage above referre'
to, and that he had no other debts. NOR
than few personal accounts. Montana
assumed this chattel mortgage, paying tn
rest In cash; but as Davis did not have tn
papes to show that he had paid as man.
of the debts secured by the mortgage as h
claimed to have done, small surplus wa
reserved until these receipts could be pro
duced. This surplus and deposit mad
by Davis in the First National bank hav'
been attached by Z. W. McMillen and HUFF
Wednesday morning Mr.. MOntanus notices
some very recent bills. and notified Kauf
man, Latimer & Co. BY telegraph that Davi
had sold out, and that firm sent represen
tative over to take care of their interest
that evening, but the bird had flown. Davi
has not been seen about town since Wednes
day noon. After receiving the money from
Montanus he had enough to pay all hi
debts very comfortably, but chose rather t
play the rascal and skip with the money
His debts were not so large but that h
might have saved his reputation and still
had money enough to start In the world
However, there was one fact that proba
bly, decided his action. 1t
alleged that he has been sci ing wines an
liquors without government license. A
this Is very serious offense, it prObabl
had more to do with his action than any
his debts Davis had the handle of 'Dr.
attached to his name. but no one can b
found who has evea seen his diploma.