Democratic Northwest. [volume] (Napoleon, Ohio) 1869-1894, 1892-08-11
ASSIGNED.
c. c. L. WULFF CROWDED To
The WALL.
Can Mcclure Afford TO Dispense
With His Services

Carl c. L. Wulff made an assign
ment Friday for the benefit of his
creditors. Chas. Swigart is the as
signee.
No llittle excitement was created
among financial circles a: this intel
ligence, as Mr.. Wulff, Mcclure and its
boom have been subjects of more or
less speculation ever since Mr.. Wulff
made his appearance and selected that
town as a basis on which to build his
fortunes-and also the fortunes of the
town.
MI. Wulff is not a national bank as
far as money is concerned, but he has
a large stock of nerve and enterprize.
He came to Mcclure with this COM
mendable stock and labOred early and
late to perform praiseworthy work.
The agreement which he entered
into with the Mcclure people is
lengthy one and will not be given here
in detail.E Suffice to Isay that had it
been carried out, as We understand it,
real-estate in Mcclure would to-day be
enhanced at least 25 per cent.
The lots of the new addition We're to
be paid for in three payments aud at
the end of the third payment, a
manufacturing plant, built with part
OF the proceeds Of said payments, was
to be turned over to Mr.. Wulff as his
compensation for labor and money
invested.
In every community-where every
new enterprise is considered, kickers
are not wanting. Mcclure in this case
was not an exception.
Mr.. Wultt made enemies-who
wouldn't, placed in his prominent
position! These enemies, too. by the
way, were those who opposed the
town ever merging into anything but
a crossroads village.
Then again, there were Others whose
sole desire was to depose Mr.. WuIf
and deprive him of his hard-earned
and just dues. Their plan of action
was to prevent the I'd and Sd pay
ments. Knowing, as before stated,
that Mr.. Wulff was not a National
bank, their object was to freeze and
figuratively staIve him out.
But such manner of procedure was
slow business, and it looked as though
defeat was theirs, when few notes of
Mr.. Wulff's, given, as we understand
it, in payment of services in selling
the lots, were stumbled upon.
While Mr.. Wulff was away their
payment was pushed, executions
awarded, etc., and upon his return
matters generally were so complicated
that his attorneys advised an assign
ment.
The assignment was made and now
Mr.. Wulff's opposition temporarily
stands on a pedestal of success. But
that said pedestal will soon be shatter-
ed we have reason to believe.
What is Advisable.
Mcclure can i'll afford to dispense
with Mr.. Wulff's services. He has
been the one who has given movement
and direction to all transactions that
have made the town what she is to-
day.
Compare Mcclure of to-day with
Mcclure two years since and only then
can be noted the many improvements
wrought. And is not this marked
change due to the indirect, if not
direct, labor of Mr.. Wulff?
1t certainly is, and when he is
crowded off the track, mark our
prediction, the bottom will drop out of
Mcclure with the celerity of steam
shovel dumping its load.
Let us admonish the thinking portion
of Mcclure not to jeopardize the
towns welfare by throwing its best
friend overheard. They can we'll
afford to make Mr.. Wulff whole in
his present little financial embarrass-
ment, and then endeavor to retain
him as a citizen.