The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-09-09
A BIT OF HISTORY.

To our Friends and the Public:
In explanation of the above notice, we
beg to give some facts: When, some time
ago, the majority of the stockholders of
the Falk Clothing Company voted to dis
continue the clothing business, and invest
their entire capital in the shirt manufac-
turing industry, we rebelled at the idea,
but without avail, and so the fact that
the change was to be made was duly an
nounced in the public press 1t was stat
ed strongly and earnestly that the Falk
Clothing Company were going out of ex-
istence, and that the entire
stock would be sold at and below cost For
a number of weeks this sale has been
going on, the people have responded lib
orally, and the stock was sold down to
such degree, and the expiration of the
lease was so near at hand, that we were
instructed to endeavor to sell the stock in
bulk. Several parties were figuring on
same, among whom We're ]. l.. David &
Bro, OF Charleston, S. c. To Mr.. David.
a warm personal friend and relative, we
confided our personal desires of contin-
uing in the business, and to him we are
largely indebted for the present reorgani-
cation. In order to save the store from
the others figuring on the stock, Mr.. David
leased it from the expiration of the pres
ent lease Oct. 1, and suggested that with
the aid of northern houses, the dissatis-
fed stockholders could be bought out and
the business continued. To this end Mr..
ID. b. Falk left for the north with the hap
Ply result as above.
The newcomers owning a majority of
the stock have now control of affairs They
have decided to continue the clothing
business under the name of Falk Clothing
Company. They know that ii
is an honored name. They
know that it is name in
which the Savannah public have had con-
fdence for forty years.
We give all this matter in detail as we
are anxious to put it before the people in
the proper light. When the announce
ment was originally made that the Falk
Clothing Company was going out of ex-
istence, it was a truthful statement of
| facts. What has occurred since has been
| told above. If anybody has any reason to
complain over the change affairs have
| taken, it is the old Falk Clothing Com
pany. The loss has been theirs. The peo-
pie got the profit. They sold goods just
| as low as they said they would They
| lost money. If they had known what they
| know now, three months ago, they would
| not have sacrificed the goods so.
Under the new order of things the Falk
| Clothing Company is going to sell the best
things that can be bought with money.
| 1t is going to sell at lower prices than
ever before. 1t has been decided that we
1 dAC " sci AOI CASH OIlly. w e snail nave
no collectors to pay. No uncollectable
| accounts. What we save on these things
| will be taken off the price asked our Gus
| toners.
OF the new stockholders, Messrs.
| Schloss Bros. & Co., and Heller & Co..
are clothing manufacturers themselves.
| We will sell goods direct from their ware
| rooms. There viii be but one small prof
| it between maker and buyer. Further
| than that, we shall have these represen-
tatives right on the ground in New York
| and Baltimore all the time. Here they
will pick UP the hundred and one bargains
| that are constantly offered in the great
/ markets.
The reorganized company starts under
| brighter auspices than ever, and we prom
Use it's customers the same high class
goods as before, but at considerably low
er prices and we bespeak for the new firm
and ourselves your continued kind patron
age. Respectfully.
| A. FALK
| D. B. FALK.
| w. FALK.