The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1898-12-01
BACK TO THE OWNER
Mr.. SlEG AGAIN IN CONTROL OF
THE WINDSOR FACTORY.
RECEIVERS ARE : DISMISSED
They Render Their Account sto. Circuit
Judge Fish at Racine and Their
Accounts Show the Company to
Be In Excellent Condition.

When the factory whistles called the
men to work this morning a new sound
reverberated through the morning air
and hundreds of workmen in every
part of the city knew that it was the
whistle of the Seg factory and that its
we'll known sound meant that the fnan-
cial troubles which have kept the big
factory idle for nearly five months,
were finally settled and the property
was again in the control of Mr.. Sieg.
For some time it has been stated that
the former owner and manager of the
plant had succeeded in making sat-
isfactory settlement. but this fact was
not legally true until Tuesday after
noon when Peter Fisher and Elmer
Week appeared before Judge Fish, now
holding Circuit Court at Racine, and
rendered their financial account as
receivers for the big plant The report
was satisfactory and the Judge dismiss
ed the receivers and legally transferred
the works back to Charles II. Sieg.
The subject matter of the report of
the receivers could not be obtained
today, as both receivers and Mr.. Sieg
left on an early train for Chicago, but
from statements made by the receivers
and officials of the works we are safe
in saying that the company were never
in better shape financially.
4 call at the works this morning
found a scene of great activity. Bates,
Gilmore and King, who had charge of
the office before the assignment, were
back in their old places and greeted
the reporter with smile. The desks
were all cleaned up and the books were
being reopened and everything put in
condition for busy season just as if
nothing had happened. The men re-
fused to say anything about the settle
ment more tnan the affair was now
finally settled and they were very glad
of 1G.
Mr.. Sieg in speaking of the proposed
discharge of the receivership said
Tuesday, " | don't see why the Judge
shouldn't discharge it, as every cent
due against the factory has been paid. +"
From former statements it is certain
that the receivership has been a great
thing for the company and has relieved
it of many small out. standing Obliga
tions, and the only claim remaining
against it is the $4,000 mortgage on
the plant and machinery now held by
Morgan & Wright. During the life of
the receivership Mr.. Fisher and Mr.
Week did not allow the business to
cease, but continued to book large
numbers of orders, and on the dis'nis-
sal OF the receivership orders for nearly
10000 wheels were turned over to Mr..
Sieg.
Work at the shops has never stopped
and nearly all the old material on hand
has been worked up and sold. On
last Saturday nearly hundred wheels
were shipped and larger shipment is
expected today. Sevehty-ive men
were at work today, AND the remainder
of the crew will be put to work as soon
DIS materials ,can be secured, but the
increase of the force to the former
large number will require several
weeks.
The return of the plant to Mr.. ..Sieg
and the prospects of it's immediate re-
sumption has been received with
delight all over the city. Well known
business men in speaking of the speedy
way in which the financial troubles
havo been, Settled, declare that the
work of Mr.. Siegss has been marvellous,
and they feel assured that the business
will now be run in manner satisfac-
tory to all concerned.
George Balzer, of Waukesha, is