Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-10-17
FAILURE AT WEATHERF0RD.
WadIey Brothers File a Deed of Trust.
Their Assets and administrations
piete List of Creditors
Special to the Gazette.

Special to the Gazette.
WEATHERroKD. PARKER COUNTY, TEX,
Oct. l6.-Quite Il surprise was caused here
this morning when Wadley Brothers, who
have been in the dry goods business in this
city for nearly ten years. filed deed OF
trust. naming w W. Davis, president Of
the First national bank of Weatherford, a.
trustee. transferring all their ssoods wares.
merchandise, store fixtures, notes, accounts
ana books to said trustee. The deed OF
trust was filed i'll the county clerk office at
$50 this morning.
The following are named as preferred
creditors, from whom the firm had borrowed
money, and who held the firms note:
The First national bank of Weatherford,
Tex, 5000; George Wilder, s23Ol 81;
George n. Heifrin, $1,000; Miss Sue Hutchi-
son. $40: Mrs. Matte Wadley, SAP: Willie
Campbell, $500; W. B. McCleskey, $3.50: j.
X. Haynes, $3.50; +. NJ. Burkett, 1923.
Total, Sll, 1910 These are all home peo-
pie.
The remainder OF their creditors as named
in the deed of trust are as follows: Wear,
Boogher & Co., six notes, S325l. -; Wear,
BoOgher & Co, on account, 81, 603 ST; Gauss
Shelton hat company, three notes, S7sS;
GauSS-Sheltou hat company, on account,
$3.50. 20: Orr-Lindsey shoe company, note,
SIT; Orr-Lindsey shoe company, on ac-
count %; Mack Stadler Il Co, note,
S6H.24; c. Scheffiin u Co, note, S651.05i
$3.50; Hynes IL Walker, on account, S37;
Slayden IL kirksey WOODEN mills company,
on account, s262 u; a. j. johnson " Co, on
account, 1868. 10; A. c. Matthews, on ac-
count, S2l1.3S; Chiffon * Guthrie, on ac-
count, S2l1.4: Willimantic linen company,
on account, 5000; Pratt-Simmons COM
pany, on account, Sl3G p; Schaffer, SwarIx
Il Co., on account, sl94.S0; Sanders Dutch
company, ON account. 1865; BOllard,
Webb IL Bennett, on account. SIG. p; Sanger
Bros. S4,.25; total liabilities, $50, 105.1S.
Mr. S. B. Wadley estimates the assets to
be between S2S, 900 and $4,000 Mr. Wad-
ley stated to THE GAZETTE correspondent
that there was no one particularly crowding
them. but their reason for the action they
have taken was on account of poor business
and collections last year, and the falling due
of all their paper at this time. While busi-
ness and collections this year thus far have
been good, they We're not prepared to meet
their obligations. He said that they could
have bridged over and gone on, possibly,
until next year. but they would have event.
uaIy been forced to close, and they con-
cluded it best for them to close now, while
there was money in the country and their
goods could be sold, hence the deed of trust.
Their misfortune is very much regretted
by the entire business community.
W. Fl. Porter VS.. X. II. FELTON, was the
style of suit filed i'll the district clerks
Office to-day. 1t is n suit for debt and fore
closure of vendors lien note on property in
the city of Weatherford.
Professor John \. Stuart of Arkadelphia,
Ark. principal of the Draughan CONNER
cial college at that place, has been in the
city for some time and has decided to locate
here and establish fine commercial college
in. Weatherford.