Mexico weekly ledger., 1893-01-12
SIX DEEDS OF TRUSTS.
Hamilton Daughaday Files Docu.
ments TO secure His Credi.
tors-Liens on all Goods
In His Three Stores.
From the st. Louis Post Dispatch.

b"oShouay III Tue NeCOrQer Oh
Deeds office.
Mr.. Daughaday, who was the
leading member OF the late firm
OF Brown, Daughaday & Co. of this
city and also of stores at Moberly,
Mexico and Lebanon, Mo-, took a
place in the st. Louis firm at the
time of the failure of Dodd, Brown
d Co. as the representative, it was
afterward alleged, of H.B. Clafin &
Co. of New York, who were the chief
creditors of the old firm.
The attachment suits which were
filed Friday were sued out by Clafin
Il Co. and aggregated s25 900.
Levies were made under them on
Mr.. Daughaday's interests in this
city and also in the above named
cities in the State where the branch
stores r located. Mr.. Daughaday
was also an active partner in the
Holmes Dry Goods Co., of Fort
Smith, Ark, which failed on Dec.
Sd last.
According to Mr.. Nathan Frank,
who represents Messrs. Clafin &
Co. in the attachment suits, it was
this failure which precipitated the
attachments, as it was known that
the other Daughaday houses were
more or less involved. Mr.. Daugh-
aday, In an interview published in
yesterdays Post-G Dispatch, stated that
these suit would be contested as
there were no grounds for their in
stitution except the failure of several
houses over the country to pay
their notes when they fell due. He
claimed they were premature, and
that no assignment would follow
them.
OBJECT OF THE DEEDS.
It was evidently to prevent further
attachments and to secure certain
creditors that the six deeds of trust
mentioned above were filed yester-
day afternoon in this city. They
will, of course, under the law, also
have to be filed and recorded in the
counties where the other stores are
located if this has not already been
done.
There are three first and three
second deeds of trust. The first are
made to secure Guilford w. Henry
Of this city and the banks at Leb-
anon, Moberly and Mexico.
In Lebanon the name of the
Daughaday house is W. D. Noel &
Co., and the deed on all the goods.
wares, merchandise and fixtures there
is given to secure Mr.. Henry for a
note of So, 900 and the bank of Leb-
anon for one of 81 ZOO.
At Moberly the style of the firm
is AS. Mason & Co.and the deed Sc
cures Henry for $500 and the
| First National Bank for 81, 800.
Lie. Cove & Co. is the firm name
at Mexico and the deed secures
Henry for 81, 900 and the Savings
Bank of Mexico for $500. These
are the first mortgages.
The second three are intended to
secure all the Mirror creditors OF
these respective firms. James r
Dawson is made the trustee in each.
and the creditors, who range from
thirty to forty in each, embrace
nearly every well-known house III
St. Louis dealing in the genera
line of supplies which go to make
up the stock of a general dry goods
notions grocery and hardware store
of a country town.
The amounts due these severa
houses range from $1.35 to $2,2O6.
60, though the majority of them arr
from 800 to $500 each. The con
ditions of the deeds are, OF course
if these notes and accounts are pait
the property is to be released, other
wise to be sold for the benefit OF tn
numerous creditors.
CLAFLIN HAS PRIOR CLAIM.
The attachment suits filed by II
B. Clahin & Co. will of course TAX
precedence of these deeds and judg
ments on them will become a prio
lien on all the property and hav
to be satisfied before the other cred
itors can come in for an adlustmen
of their claims. Then the beneficiar,
creditors under the second deeds G
. trust will have to wait until thos
under the first deeds have Statistic
their claims in the event OF tore
closure of the mortgages and a sal
of the various properties is ordere
by the trustee. The claims OF a
subsequent creditors to those mel
toned in the deeds must be sui
ordiuated to them and their rights
L.. c. COVE & co.
; The affairs of the Famous OF tn
CITY are still in such shape that it
hard to tell the result. The Mexle
/ Savings Bank has attached Nj
j, Goye's residence and has also ga
| nisheed some accounts due the firm
Mr.. Cove says that he was as niue
surprised as any one by the attacl
1 ment brought against the firm. i
= also reiterates what was publishe
{ in the LEDGER the day the stol