The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1893-11-29
the pRURy ASSIGNMENT.
A Statement From lhe Assignee And
Mr.. Drury.
"a Was a FAR aud spar. Assignment
and All Creditors viii ne Paid
IL Fult. .a-.-...-..a.a.-.
BfwLaYylLLr. KY. Noy. 27.

BEwLSyvILLE, Ky. Nov. 81.
Mr. EDIToE-Your Hardinsburg cor
respondent in your last weeks issue gave
a statement of w. N. Drury's assets and
liabilities and his statement was 80 far
from the appraisment that ] think owe
Il to all parties interested in the matter
TO give statement showing the true
state Of the case. His assets when fully
made up by the appraiser will be about
$500. Liabilities about $2250.f '1p'a
The above figures will not be far from
the facts, either way, whey fully made
out. His property under the exemption
law will be not far from 500. 4t
This action was taken by him in order
that his creditors might all share alike
in the distribution of his effects, and
that it might not be sacri6sed at forced
sales at this very dull time for. selling all
kind OF property. some Of his smaller
creditors had already threatened him
with suit a egl as'
This is straight transaction 80 far as
1 know, from the ground up and will be
so carried to the end and every creditor
will, in the end, be paid in full. AZ
sis-JJ ALoNzo BENNETT
In connection with the above state
ment of Mr.. Bennett, wish to say that
the property hold as exempt is almost
as safe in my hands as it would be If as
signed and four hundred dollars of it a.
least will be turned over to the assignee
at the proper time II he should need itin
settling my liabilities. The property,
assigned, is all valuable and appraised al
as near its true value as possible. There
is in it one piece Of property worthy Of
especial notice. That is my store house,
which cost when built $240O, and while
it is true that | bought it at asmall figure
it was owing to the depressing effect Of
the railroad panic that the place was
| just at that time suffering from. Since
it has been proven that it is yet near, i
not the best point in the county for. the
business for which it is used, and that
business OF all kinds in the place is in 9
prosperous condition, this house alone
ought to sell readily for $500. Person,
who have money to invest would do wei
to consider it as it will pay good per cent
on the investment and will be sure of &
tenant all the time. While it is true
circumstances have placed me in con
dition that / thought it best for all par
ties concerned, for my creditors ant
myself to make an assignment, but j
my property was to sell for what il hal
cost me l would have more left aftel
paying liabilities than / commenced
now nearly FIVE years ago besides having
made a support for large family
Messrs. Drury, Bennett & Co, who now
occupy the house Il have no interest il
the new firm sold in 80 days including
the latter part OF October and first o
November, $500 in cash and produce anC
while aiming and intending to do a stric
cash and produce business my guess Il
that they let slip on tick to guilt edged
customers two or three hundred on shor
time. If any one will show me anything
in this arrangement of my affairs that il
crooked | will esteem it a favor anC
straighten it with pleasure. regret tn,
necessity of having my affairs made 81
public but am trying to do right and 81
intend to continue to the end.
| w. N. DRURY.