The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-12-19
Nicholas H. Groesbeck Pushed to the
Wall.
PETITION In BANKRUPTCY
his ASSETS VALUED AT
BUT S25.
Another of the Groesbeck Brothers
Decides to Go Through the Bank
ruptcy Court-Was a Wealthy
Man Only Few Years Ago, But
Lost His Money During the Panic.


Another of the Groesheck family
J wants 70 ha oe1oio,,,- dao,arad ha,lr-
,,-''1,s 80, - 9 $50.
M -..s sDesA
n c,;.l e. o.;.;o,, g.,
ba,,ier,,,,., =. ~ I-r';.os e.. ~ - cn,,,r
O,, ~ u. .i.s.s - ~, af
~. 49, III go.
ell eS,. ~ ,let;tio,a,.,s
iia h;,;tio' - ,',ne,5 ~ s,oo oes no n,hi,a
h;s 1910 a. o,is;st of ia .,,,t. of
l.io eo1s e9s 49, e'u ~
credito,s ,,'a,,+ad ,hesa nc s,,;ts tbav
Iii t,d d;s,a,,It,, =, , ~ ,ien, foy
NJ r,.oo'.,.-nI' 49, lie. 49, re-
exan,nt h1 la-',
ISL :; S,,... 30 H. ,,raa &c
:; nl,s,o IN H- " ~ ~
a.. Lee - .;rS1,. o,,;,dre', s',,aI,,a Voc rs
900 ThaH, raea;t,ed ,,rona,tw ,sIued or
n,ora 49, esoo 600 re-, -, lit.ia
IL anv is LEFT Iobn A Gyoeshsclr and
yvi1I;o =, - croash,'ol- 80 800 ,hrough
~ a'i h,,,,,., ,oean ia sne III 1880
the,, i n % c,,a;u os ..as;,n5. Me-
oIss ;' 20 ' s,o ttsre,,a.h tba M, ,,-ocess
P,,t ST. =; III, nt sii ny usr,,,r, =, met
ahl,,+ - AZ a+;t;c, ,ttornax,
1900. ESe,,..;.,, -, A., 500, ~,
s,i,, 49,. ell M;
+he fedarai no,,rt rhis brotber
;s IN , ~ ~ - az 800 90 -, tt,ao
e. "a. noo 49, a. ..'e -, "a Iii
ory. ~ 60 &c ~ pAy, g. ., ,;s
ot,Ii,ra.io.,,o ~ ''''.'
.
End OF Fortune.
Thus comes to an end the fortune
which the father built up during nearly
forty wears of residence in salt Lake.
and there is also swept away the undi-
vIded fortunes of the sons. for some of
them had made considerable money be-
fore the old gentleman died. They
went into various kinds of business af-
fairs and borrowed money from banks
which they could not pay, for their
D,i,; uiu noi 'utn , co... So u
-. 90 =, LIS 'iS pam bi; 80 nc e.
49, r., - u.siS '.o l. se
.,.,ae, oouiu ~ pay n .t.h
t;.s .d soe ia ~,
osr.ins+ tha,,, So, 49,, 49,. hro+t,
&c 49, 49,, s,,.,,sss.,i,.sr 49,, ,La;v
haods ,ha,.e -, De. ~ eranoiai
~ =, ,r,,;ot 80, -, enr,nSd1
INC 10. ane,,1fad thar,,
r., ae 49,, y,r;,,;. 1ol,,,
A lew, ia ,I;nt,1a ',i,
do,,.,, tarN.at. CO.. ,ho,- 80
oc,,aa,,s a., ~ - 49,
and ~ LIN ,n ene se tho,' ''o, ,,.s
are ioint dahts Thara orc r,vo otha,
hrotIe "a 80, ,;Itere rho ~ ,,ona;:ai
oond;t;o,, ~ go - - W 49,. &c.
tbns bo Is b sala 10 De NO rnan
tinns One Of +bsT, d,.i,-as u Ss,;t'e,.,,
lions gor on e,, Oh TN them arlves deliVeay
itb,, aro,,o, 20 ~ I,-i,,a,, ~, III go
mealthy enough 1S 10 pc arlven IN ms own
Nicho,as ~ he na,;,ior daso,;has
bi-,saif &C ser He ;s aho,,s eS
I,aars Of oSa Mo- ,oa,,- ,,aa - ~ r, t'o
years Oh lag age MOI many any, years ago ne
nfo,,ad co,,,i, ,,a,,e,. $50, ,bo,,t 3ha,,.
- ,,;..tt - c.t,..d 1;,,a,;e. ~ ~
49,, ~, 80 rrro' ~, 800 Ill,
dish sI Of 81 h isau ue, JUN agents iien ny
'-.'
Build Ford Hotel.
Several of the brothers undertook to
build the Morgan hotel. now the Ford.
They planned a $40. 900 building It
cost them $1,000: they borrowed the
money to nav the bills. giving other
property as security. with it the old
homestead. No one can explain where
the $4,000 went in such a building. and
as surety for the loan was lost by fore
closure. There are MANY other in
stances. but thew would fill a volume.
This is the list of the principal credit
ors of Nicholas II. Groesbeck:
James II. Bacon. Joint tudg-
ment on NOTE to the Bank of
Salt Lake. signed with VIII
liam and Samuel S. Groes-
beck .s13.s13 90
Johnson-Pratt Drug company.
Judgment for 81 .OS5 80
First National bank of Park
City, note for .. 1853 55
A. S. Chapman and E. A.
Tripp. Judgment. with VIII
liam and John A. Groesbeek.
for 5.eO5 90
Frank T. Hiatt. Joint Judgment
with William and John A.
Groesbeck. Addison B. Jones
and Joseph A. Morlin. for. 1897 so
II. c. Reich of Sheboygan.
Wis. Judgment for 2.07I IS
Joint note with William