The weekly tribune., 1892-11-11
HELENA JOURNAL FAILURE.
Eightyscven Thousand Dollars piiod up
IIl.. lAIIaAEIl

Against III. Concern.
HELENA, Nov. lO.-The news Wednes-
day that the journal Publishing com
pany and the Daily journal company
had been attached by their creditors,
and that both establishments had been
closed by the sheriff. caused much sur
prise in the city. The first attachment
was against the journal Publishing com
pany and was for 52G,l2ilJ 1t was on
behalf of the Montana National bank
and was served by deputy from Sheriff
Jefferis' Office shortly after one o'clock
yesterday morning. When this became
known in the morning, the Merchants
National bank laid an attachment On
the Daily journal company for
224,GGl.65, and the Office of the
paper was closed The First Ma
tiona bank then filed an attachment on
the Journal Publishing company for
S22, 2,2Sl, and against Russell B. Harrison
for Sl3,42G II. j. ID. Thompson also at
tached the Journal Publishing company
for 1904. Thus two big establishments,
newspaper and business concern, were
closed up. Various efforts were made
during the day t have the publication
of TIE journal continued, but they were
unsuccessful, and it was decided to have
no issue of the paper today. 1t is stated
by A. B. Keith, the editor, however, that
arrangements will be perfected by which
the paper will again begin publication to-
morrow morning.
The several debts against the two con-
Germs are the acCumulations Of pretty
nearly two years The claims Of the
Merchants Nationa! bank against the
journal newspaper are as follows Note
OF S9.2325O, dated Feb. 21, 1892, for
ninety days, with interest at 10 per cent
per annum; note of S5.l70S3. dated
March %, 1892. at 10 per cent per an
mum; note of 5j,l29 lG, dated March "a,
1892, and a note for Sj,l29.lG, dated May
"A, 1892. The claims OF the Montana
National bank against the journal Pub
fishing company are two notes for SO
OO0 each for ninety days. dated Aug. Is.
1891. and another Of ej,4I5 of the same
date. and 5000 for attorneys fees. The
First Nationals claim against Russell b.
Harrison is on note for sl2I2Gl7
for ninety days from March lG
1891, with interest at per cent a month.
The claims of the bank against the
Journal Publishing company are on a
ninety day note for $4,000. dated Sep
tembcr IL, 1891, with interest at per
cent a month, one 1920 for sixty days
from March 10. 1892, at per cent
month, and another for 81 ,030 for ninety
from March 10, 1892, at per cent per
month. The Thompson claim is for rent
Of store in the Pittsburg block for
October and Nouember. The total
amounts for which attachments have
been issued are SS1.29G97. There is also
long list of eastern creditors for paper
and supplies furnished the daily journal
and for merchandise furnished the
store. 1t is believed the claims of tine
eastern creditors will swell the total in
debtedness to somewhere in the neigh
borhood OF Sl50,000.
The Journal has been running as a
daily newspaper about four years first
being called the Record. -Four papers
have been published by the company
three weeklies and one daily. The daily
has always been run as republican pa
per, and being compelled to divide up
the patronage in its party with the Her
aid, the result has not been most advan-
tageous. The newspaper plant is very
con- plete, while the journal Publishing
company's store is one Of the leading es-
tablishmepts of it's kind in the state.