The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-05-24
SAM MAYER'S HARD LUCK.
Widespread Sympathy Felt For the
Aged Merchant.

Was Just Starting Out in Life With
a Pack On His ShouIder-Friends
Made Wherever He Went Through
the Counties of Southwest Georgia
He Issues a Statement to the Credi.
tors of the Ruined Firm.
Albany, Ga, MAY 23-The misfortune
which have overtaken the firm of Mayer
q Ullman Of Brunswick has excited a
great deal Of sympathy for Samuel
Mayer, who is probably as well known as
any man in this section. There are few
of the older inhabitants who do not re-
member him, first as an honest and indus
trious foot peddler, who trudged all over
this section with his pack on his back,
driving bargains with and making friends
Of the people. He sold his goods reason
ably and made friends, prospered and
was soon able to have horse
and wagon. He continued In this
way for several years and then d double
team became necessary to accommodate
his business. In this way he made quite
a good start, and then opened a retail
store in this city, which, as q result of his
large acquaintance and popularity, grew
10 business Of immense proportions and
piled up wealth for its owner, which no
one envied him, because he had won it by
honesty and industry. The history of the
firms removal TO Brunswick is already
well known ''Sam Mayern is still d
household word in ten counties surrounds
ing Albany, and his misfortune In losing
his fortune in his old age will cause sim
cere regret in the hearts of hundreds Of
his old friends and customers.
ALETTER TO THE CREDITORS.
Brunswick, Ga, May 25-S. Mayer, Of
n A. IN
$50 creditors tomorrow a letter, from
which extracts arc given below. After
reciting the facts of Mr. Ullman's suicide.
Mr.. Mayer says: ~ have been actively
engaged in business in Georgia moro than
forty-three years, and while have been
foundation, its hfairs have been
conducted almost entirely by the
late Mr. Ullmnn, who was not
only my partner, but my son-in-law as
well, and in whom ! feposed unbounded
confidence, and upon whose ability integ-
rity and Judgment | relied implicitly and
gave to him almost the exclusive manage
ment of the affairs Of the firm. This
did for the reasons above stated, and be-
cause of my advanced age, so that
during all these years past / have
known but little of these details Of the
firms business, and have been resting
quietly, feeling assured that its business
had no cause TO doubt that these things
were true at all times. Upon the death
Of MIR. Ullman it became necessary for
me TO ascertain exactly the condition of
the firm, and then for the first time was
made aware that its condition was and is
exceedingly bad.
ovERTAKEN BY DISASTER.
81 know now that disaster has over.
taken the firm, and that after this long
4 H.. el.s III.
failed TO meet any obligations, whether
legal on moral, and to pay
my Indebtedness, the facts now make
this blow to me far worse than to my
creditors, for while their loss is consider
able mine is all / have. My private
means have been absorbed in the business
which thought so profitable and sure,
and have nothing left to maintain me
during the balance Of my life. The pres
cnt interest of my creditors must be
looked TO and with that end in view
have for their protection had a receiver
appointed and placed in charge of the en-
tire assets Of the firm in order that those
assets might not be wasted and consumed
in the cost and expenses OF many
suits whether large or small, but that
all creditors might como before the court
in this one proceeding and obtain equally
and alike their share whether large or
small, Of whatever the assets might be.
j have preferred no creditors and have So
cured none, but placed the property in
the hands Of the court without reserva-
tion and for the benefit Of all, as | have
said, equally and alike. My entire prop
erty has been included, and tender il to
my creditors cheerfully, but at the same
time with the deepest regret that at the
close of my life | have broken the record
of my life and find myself unable to pay
my obligations in full, as believed could
do, and as my creditors had a right to ex-
pect me TO do"
DEEP SYMPATHY FOR HIM.
AS more facts come out In relation to
the firm the deepest sympathy is ex-
pressed for Mr.. Mayer. Old and gray
haired, he had lived u life in brunswick
of benefit to the people and the town, and
none have q harsh word to say against
him His two sons, Monroe and Nose,
thinking the firm safe, allowed their sal
aries to oaccumulate to the extent of SOW
all
rescue OF s. Mayer. but as new paper
came in that was indorsed unknown to
Mr.. Mayer or the boOkkeeper, David
Mayer realized thab il was best to allow
a receiver TO be appointed.
p. II. Hanes, from p Fl. Hanes & Co., of
Winston, N. c., tobacco dealers, is here
to-day, and filed an intervention eni0ining
the receiver for Mayer & Ullman from
selling any of their tobacco in the store
While here Hanes received a telegram
stating that one of the firms large seven
story warehouses was burned to-day, de-