The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-02-21

AnoeAax suddon change has boen made
n tAa business sGax1od . snort ttne 80 n
this CITY uith she c&r6tal u Rev. LycuEgus
Railshack, a Kansas Cjfy. under IL nrm
name At G. ~. Nelvin q Co. Melvin and
u1fe left h hurry shout : wcek go Tor
kan francisoos having IL silens. minis-
teTisl partner minus considerable cash and
psus much exper3.nce: also . number IL
local business men Who ass creditors 81 H.
Grm for various sums. By no means small.
secured By Tie smooth talk a ~ plsusih,e
Melvin
Rev. l. RaiIsback. q stated . few days
$50. sert James u. Stephens here from
Kansas City. 70 taks The business ous of
the hands AZ Melvin and dispose Of IL Mr.
Stephens II said TO - Pinksrtun detec-
tive. but he. too, failed % satisfy the Pres
byterian minister. and the expecsed pro-
ceeds Of the already shattered business
did not materalixe q was expected.
Last Tuesday Rev. RaiIshack appeared
here and silently arranged 70 have the
business closed up once and for all He
employed Rochester. Gilman Z Lewis -
attorneys. and, after giving them His State
ment Of affairs. left Wednesday morning
for home 70 avoid intervjewers and the
notofiesy that he feared would result from
bis connection with business oCtsids his
calling.
The attorneys prepared suit 70 dissolve
the partnership between Charles n. Nel-
vim. Ida H. Melvin and j. n. stephens. and
to settle up the accounts. Judge l1ichten-
berg appointed C. II. Bahntes receiver.
Mr.. BAhntee IT once took charge Of the
Common Cents" crOckeryware business ct
Sis second street and Is nov trying 70 get
matters slaughtered up. with view to
selling out the stock In lots or in bulk 70
men in the business and thus close every
thing mp.
The more important creditors are the
Bank Of Commerce., Raymond, Eggert a
Co.. ard Grant & Co. The Bank Of Conn
merce, in sRms, had disposed Of some
stock TO Melvin 4 Co. received from the
Pacific Mercantile Company. which failed
some time ago In Eliensbnrg. Raymond,
Eegert 4 Co. before moving into their
present premises bought ont w. T. Pill
mans stock Of cfockeryware and handed
it over 70 Melvin 4 Co. to sell the goods on
commission. This stock amounted TO
u, so4.2l. on which Melvin has paid $l7ana
Mr.. Bahntge said yesterday he believed
from the general estimate made that the
goods in the store owned BY Rev. Rails
back amounted to almost 500. the Bank
Of Commerce goods s. 0. and RAYMOND h
Eggert's goods $500. or 81 500 in all. while
the Indebtedness was s., 100 or $500.
Grant 4 Co.. who put up the building,
are creditors to the amount of $365.50. and
il is thought the firm viii apply for deed
Of the premises and rent 1t out to secure =
return Of the debt
Mr.. G. Raymond, Of Raymond. Eggert
4 Co.. said yesterday that the 6rm had
handed over the stock 70 Melvin &Co. on
commission and expected no loss on the
transaction. ~ Rev. RailsbAck Vas good
for II q ono Of the firm. A check has
already been offered for the balance a. the
goods sold. and the only question 70 settis
4 that Of the unsoad portion.
Various small hills keep coming IN and
Mr.. Bahntge thinks the business has been
handled IN very unbusiness-liks manner
throughout, and be hopes to close IL mp in
short order