Morning journal and courier., 1886-05-13
c. c. FORD ATTACHED

H. Whittemore.
 q. c. FORD ATTACHED By Western Advertising Agent for $6. 6.5OO-Carryfns Paper of the Spen- cer Novelty Company--The Novelty Company's Failure.
 Deputy Sheriff J. w. Pond yesterday at tached all the available property of Charles c. Ford. the advertising agent in the h. surance building at the instigation of A.
 F. Richardson, of New York. MT. Rich
 ardson is agent for the Western Newspaper
 Agency, to whom MT. Ford is indebted for
 about $6,500. It is said otier attachments
 will quickly follow which will cause MT.
 Ford to make an assignment. Up to late
 last night he had not assigned. The cause
 of the assignment is that MT. Ford held
 $500 to $25, ,000 worth of notes of the
 Spencer Novelty company of Wallingford,
 which concern is in the hands of receiver.
 MT. Richardson represents quite number
 of western newspapers in which MT. Ford
 as agent advertised for the Novelty com
 pany. MT. Richardson and his agency are responsible to the papers for these contracts, and MT. Ford owes Richardson for them.
 The latter seid last evening if he were allowed little time he could meet all his obligations in full, but that if crowded by many, creditors at once and unexpectedly he should have to as- sign in order that all creditors could share alike. His place of business in the Insurance building was in the care of Keeper Manson, formerly the letter carrier, last night. The Novelty company some time since when do ing fourishing business iii Hartford form ed combination with MT. Hyde, litho- grapher in New York, who thought he saw money in such a combination. Accordingly the company removed into the large vacant factory in Walling- ford, formerly the sewing machine shop, and Hyde removed his machinery and apparatus from New York to the factory Afterward not liking the way affairs were running he sought to get out and the issue was the appointment of q receiver. The Novelty Go. was doing lively business, had about 100 hands at work and sent and re- ceived bushels of letters and packages through the mails generally. They pub lished paper called the Farm and House hold and got big circulation for it. They claimed for it circulation of 5000 The way they got it was to advertise the dona- tion of attractive premium of some kind for all subscriptions received. Thus c. 0. Ford, of this city, advertised for them to the extent of $50, ,OO0 or $75, ,OOO year. The advertising was in regard to these premiums and the sending of picture cards and other inducements through the mails for 8 slight return, enough to make it pay. The deputy sheriff yesterday attached sums owing Ford from various New Haven concerns for ad- vertising-B. H. Douglass & Sons, J.D. Dew ell, the Marlin Firearms company and others.
 MT. Ford said: That he had done in all from $15O, 900 to $175, ,OOO worth of business with the Spencer firm and they had always paid him until lately, but if ke could get the SEQ, ,000 or $25, 900 they owed him he would come out all right. Richardson, who at tached him, held notes of tie Novelty com pany to Ford for s, 500 as part security for the debt of Ford to him.
 The indebtedness of the Novelty company outside of the notes held by Hyde, $55, 900 and the mortgage upon the building, $50,000, is S103,000, divided among two hundred creditors, of which the larg- est are c. c. Ford, already mentioned, S15, ,000, the New Haven Paper company $6,- 900, Meriden Britannia company $5, 900, Geo. s. Vibberts, Clintonville, $2, 800, James P. Stow, Mlddletown, s3,4O0. The failure will be felt severely down the Connecticut river, where R. L. Spencer and Harman A. Race are best known and where ths stockholders resided. About twenty-five of these stock holders held small amounts of the stock, from S1 00 uDwards