St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-02-27
F. M. Finch, the Third Street
Jeweler, Makes an As
signment.
Liabilities Estimated at Over
$4,000. and Heavy Out
side Creditors.
Marshal Campbell Confirms
the Globe Lumbep-Steal-
ing Story.
How the Nation Has Been
Systematically Plundered
by Bpitisheps.

Francis NJ. Finch, jeweler, 155 East
Third street. yesterday made an assign
ment Of all his property to Llewellyn
w. Arnold. The assets, including
lands and other property, are placed by
Mr.. Finch at $4,000. The csssignee
filed bond in the penalty of 100000.
Rogers & Smith commenced an action
against Finch for SLIGO, and procured
an attachment for the amount. The
sheriff levied On the jewelry stock to
| satisfy the claim. and the assignment
was made few hours thereafter.
| The chief creditor of the establish
ment is the wholesale jewelry firm of
Hayden W.Wheeler & Co., of New York
city. This firm grew impatient of delay,
aud as long ago as last November took
steps te indemnify itself by placing one
of its representatives, Llewellyn j.
Arnold. in charge of Mr.. Finch's elegant
| srore. MI. Arnold has been the ostens-
| IDLE manager, but his authority gradual
| ly grew so absolute that all matters
| were referred" to him by Mr.. Finch.
! Mr.. Arnold proved to be such faithful
| guardian of the interests of his princi-
| pals that he would not permit Mr.. Finch
to pay his local bills. One manufacture
| ing jeweler on Third street who was
seen Monday complained that he could
| not collect paltry bill of $50 due him
from Il. M. Finch for repairing jewelry.
When sought Mr.. Finch could not be
found at his place of business, but
Manager" Arnold insisting that he
would do just as well. was interviewed.
The GLOBE has had its eye on you
ever since your august arrival last No
| yember," said the reporter. land l be-
lleve this bit Of news is about ripe
enough to pick2"
Il am always happy to see the news
papers," said MIR. Arnold. adding, II
used to do little news work myself in
Chicago"
'Perhaps you would rather 1 should
Interview Mr.. Finch?" .~-
Not at all. He has gone out and will
not be back to-day. He would refer you
! to me if he Were here"
From the conversation which ensued,
| and from conversations had with sew
eral other gentlemen in the jewelry
trade, the information was elected that
f. NJ. Finch has turned his business
over entirely to Hayden w. Wheeler 81
Co., who have agreed 10 settle with the
other creditors. They have found col
lections duii, but hope to be able to ad-
just matters satisfactorily to all con-
| cerned.
f. NJ. Finch was formerly the partner
| of his brother-ilrlaW, L. B. Myers.
About three years ago Myers & Finch
dissolved partnership, and Mr.. Finch
| or, rather, Mrs. Finch-took. as por-
ton of the Finch share in the business,
couple of lots of ground OH Grand ave-
nue., worth at that time about $4,000.
The Finch property at Bald Eagle Lake
is also In the name of Mrs. Finch. When
the fire occurred iii the jewelry store OF
z. f. Egaa, lis East Third street, a
short time since, f. NJ. Finch acted as
one of The appraisers of the damaged
stock appointed by the insurance COM
pdnies. 1t is said that the insurance
companies were well satisfied with his