The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1890-11-27
A CANTON FAILURE,
Mayor John y. Blake aud wife Make
an Assignment
Universal sympathy Expressed by
Canton oitigens Irrespective
Of Party,
Sorrow at the Failure OF Such a Gen-
erOua aud Open Hearted Man,
The Liabilities between 100000 and
$50, ,ooO-'The AAsests win Reach $780,
oo0-Partioulara Of tho Assignment

Shortly before noon Thursday, Mayor
John n. Blake aud Mrs, blake, made an
assignment TO Mr., Austin Lynch The
liabilities are between AO,OO1 and 10000
and ID IN hoped the assets VIII reach tUO,'
OO0 The failure was caused mainly ny
the depression OF the eastern markets,
il was not generally known that the
asslqnment had been made until late yea
lerday afternoon. II was surprise 70
tho citizens OF Canton, and was the only
subject talked Of on tile street and IN the
hotels last night,
the most heartfelt sympathy for MI and
Mrs. Blake, The affair ihhn unfortunate
one, yet all must commend lhe most hon'
orable action OF Mayor Blake ie saw
the crash was coming, anu instead OF
Longer trying 20 tide II over, made an a.
siqnmenl OF everything he possessed, for
the benefit OF his creditors
nthe foremost ranks OF the enterpria'
Inc buRlneaa mon OF Canton stood Mayor
John N, Blake, When an effort was made
TO secure an industry for this city no was
hlwaya ready with his money ana time 70
do anything possible for the benefit Of tho
city. He was not the man 10 hang back
and walt 10 be eoaxed 10 contribute,
When a paper was passed around ask
Ing for subscriptions, one OF tho first TO
sign II, was the popular Mayor OF Canton,
Mr.. John II. Blake.
lie was generous 10 fault, lie was
considered wealthy, and q man, woman,
or child la dlAtreaa, usually sought him
among the frat whom asking for aid, lie
was never known 10 refuse aid 10 a
worthy peraon, and gave them ~ many
times when he could Ill aiiord 20 do 30,
Few people know the strain Mayor
Blake has undergone during the past few
weeks. He has watched Win eager eyeh
tho bualneaa depression Ia the east, hop
Ing agalnAt hone, that by u favorable
reaction prloeh would rise ana the money
markets become Ateadler.
II would be hard 70 find man, woman
or child la Canton that does not aympa'
thlze with Mayor Blake and his noble
wife, In their present trouble. They have
lost everything. Nothing IL held back,
all being turned over 10 tho assignee In
order 10 pay his creditors the last dollar
due them, IL IN almost unnecessary 10
say the NEwa.DE EMooRAT Joins with host
OF friends, admirers and sympathlzera Ia
the Wish that something may he saved
from tho wreck, 20 encourage the Mayor
and bis wifo 20 renewed struggles In the
declining years OF life.
The failure was caused by the dcprehhed
particularly In tho flour business
which have exiated TO some extent for tho
past Ave years, Shipments Of flour have
been conAigned 70 eastern parties, OF
lato drafts have been returned unpaid
stating that on account OF the condition
OF the money market II would be impOaal'
be 10 honor them, Many improvements
have been made NJ the mill and In the
past Ave years II has been twice practical
IS rebuilt, Mayor Blake now has about
10000 invested In tho mill aud employed
fifteen mon,
Mayor Blake was aeon this morning boy
Il NEws.DEMoCRAr reporter, llo OF course
felt sorry that matters had como 70 such
an unfortunate paea, yet was glad the
strain was over, He placea the liabilities
at between $1,000 and 10000, In his
opinion tho assets will reach 10000. Tho
covers everything owned by
himself and wife, including mill property,
hia homo and oil OF his real estate. The
mill Is idle to-day but will probably DO
started up In few days, and run undor
the direction Of the assignee, Most Of
reside In Canton,