Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1894-11-29
COURT or INSOLVENCY.
! Examination in the Case of Candage
Bros, of East BluehilI.

Examination in the Case of Candage
Bros, of East BluehilI.
In the court of insolvency before Judge
o. p. Cunningham, Monday, Candage
Bros, the insolvent grocers, of East Blue
hin u."~o "vo,rinad
Bedford +. Tracy, of Gouldsboro, APP
peared for the assignee, +. f. Chase, esq,
ANA uleuIUors, ". reIiu"o, q
Bucksport, appeared for the Candage
Bros, Ruel Smith, of Bangor, recorded
l.. B. Deasy, of Bar Harbor, was present
in the interest of Addison X. Weber, to
whom the insolvent firm sold goods at
wholesale.
The firm Of Candage Bros, composed of
F. Gilbert Candage and Irving Candage,
carried on a grocery business at East
Bluehill from April. 1893, to September
last when the brothe suddenly closed
[. p tbs tee and ,c.. East Bluehiil and Il
uunuDv! u creditors behind. Deputy
Sheriff Hooper attached the stock left in
the store.
In about two weeks the Candage
brothers returned, and made an assign
ment The liabilities of the firm were
found to be about 5000, and the APP
parent assets were only about 1920;
$500 realized by the assignee by the sale
OF stock and fixtures left in the store, and
81, 900 in outstanding accounts as shown
by the books.
At the examination Monday counsel for
the creditors endeavored to show that
the insolvent firm is concealing some of
the assets.
Aside from bringing out the fact that
the business was conducted in a slip
shod fashion, the examination amounted
to nothing F. Gilbert Candage, who
kept The books of the firm, admitted that
he knew very little about bookkeeping.
The only books kept were a blotter,
day book and ledger. They kept no
u..s4i ovo., -....,,.se asei>, and ns,u
never ken an account of stock. Bills,
receipts and letters were kept in pigeon
holes in the store.
Irving Candage said he knew nothing
about he books, leaving all that part OF
the business to his brother. Both Wit
nesses mad very poor memories, and could
nuI rcvaii " here they md expended
money visit to the Bangor fair had
cost them about 500; paving block
deal turned ont poorly and had cost them
about 5000; hey had lost about ZOO deal
ing in horses and in racing horses; trip
of one Of the brothers to Fall River had
cost $50 more; other smaller amounts
were accounted for by receipts.
4. their reason for leaving town the
brothers testified TINT they found them
Ives I'm a hoie.a and did not know " hat
90 de. / ne. - 9',} mug due in
September. together With OF her bills, and
they could not meet them. They We're
not yersed III law, or they would have
made All sIgnmett then and there.
They got tired of staying away and
started back. They met their father at
Buck port, and then for the first time
heard that an attachment had been placed
on he. stock.
They testified that when they came
back they found receipts, bills, papers
and letters, which had been left III
pigeon holes, scattered about the floor Of
he store. and under the desk and
counters. They heard also that some
papers, Whether valuable or not did not
appear, had been dumped Oh the ground
at the rear of the store, and had blown
away.
Court adjourned at 30 p. NJ. The
examination VIII be continued Nednes-
day, Dec. 5.