Windham County reformer. (Brattleboro, Vt.) 1901-1906, 1905-12-15
LIABILITIES ARE $4,000
@. H. THOMPSON FILES voLUN-
TARY BANKRUPTCY PETITION.
Claims of Unsecured Creditors Amount
to S72,4i6, Many Of Them Holding
Notes Given Within the Past Year
Assets Aggregate sls,435.


Charles II. Thompson, president and
manager of the Brattleboro Manufac'
turing Co., and formerly teller in the
Vermont National bank, yesterday filed
voluntary petition in bankruptcy. His
total liabilities amount to $l0l ,551.s2
while his assets aggregate $lS,435, $50
of which is claimed 20 be exempt. IL
is likely that the liabilities will be
somewhat in excess of the sum given
above, as there are several local cred
itors whose claims have not been filed.
Included among the assets are 203
shares of Brattleboro Manufacturing
company stock at the par value of
$l0,l50. This amount, however, ought
properly to be stricken out as there is
now pending in the courts a petition
to have this concern declared bank
rupt and Mr.. Thompson has agreed not
to oppose the proceedings. The assets
also include 62 shares of Brattleboro
Gas Light company stock, valued at
$3,1O0, which is already up as seeur'
ity, and real estate valued at $4,000,
which is subject to two mortgages.
The actual value of the assets, there
fore, amounts to very little to the unse-
cured creditors.
While it has been understood during
the past several months that Mr..
Thompson was in financial straits the
amount of his Indebtedness comes as a
surprise to everybody. Many of the
unsecured creditors, whose claims
amount to $72,446. are Boston concerns
to whom Mr.. Thompson has given notes
within the past year. The heaviest
unsecured creditor is the First Ma
tional bank of Northampton, Mass,
whose claim amounts to ll,150.
The liabilities are largely in notes
of the Brattleboro Manufacturing com
pany, the Howell Lovejoy company of
Boston, the Hopper Morgan company |
of New York and the Bradstreet -Tilton |
The HoweLovejoy company
and the Hopper Morgan company are
in bankruptcy.
The filing of the bankruptcy petition
is the direct result of legal tangle in
which Mr.. Thompson became involved
in Boston He was recently arrested
in that city on the charge of being
debtor, having endorsed
several notes and being a nonresident
IF the state. Mr.. Thompson secured
bail in the sum of $4,000 but the case
,gainst him is returnable next Monday,
md he will either have to appear in
person or send certificate to the eff
'ect that he has filed a petition in
bankruptcy.
The accommodation paper item in
"a. oh tc tn |
s16,5s6. 1t includes note of $50
leld by the Peoples National bank
lgainst f. A. Chamberlain, signed by
J. II. Thompson; note of $S3.4l held
" the Vermont National bank against
Norris & Gregg, signed by G. II.
Thompson, J. w. Gregg and J. L.
inowlton; a note of $500 held by the
National bank against l.. A.
'ettee, signed by C. II Thompson and
!. B. Clapp a note of $4,000 held by
he Vermont National bank against
elizabeth c. Thompson, signed by c. II.
thompson, S. G. Johnson and Helen
J. Thompson; a note of $1,000 held by
he Vermont National bank against
Elizabeth C. Thompson, signed by c. II.
thompson and J. T. Hooker; note of
S3.41 held by the Peoples National
ank against Morris & Gregg, signed
" c. H. Thompson, J W. Gregg and ,,
!. L. Knowlton; note of $500 held by
=. A. Taylor against c. d. Noyes,
igned by c. H. Thompson; note of !,
300 held by the Peoples National
ank against f. f. Vanderpool, signed
Y c. II. Thompson and 10 others; a
ote of $1,000 held by the People g Ma
ional bank against H. A. Chaplin,
gned by c. H. Thompson, c. H. Ed
Y, G.. A. Eels and J. J. Estey, est; a 7
ote of 81 900 held by the Brattleboro e
avings bank against H. A. Chaplin,
gned by C. II. Thompson, c. H. Ed r
Y, G. A. Eels and J. J. Estey est; a II
ote of $4,000 held by William Allet- c
IN of Springfield, Mass, against E. d. n
overs, signed by G. Fl. Thompson, a
lrety in suit of Alletson VS.. Powers. q
Following are some of the items Q
rom the schedule of assets and liabil- +
les: IT II
Secured Creditors.
pringfeld Savings bank .....$ 1000
t. National bank ........... 3,l75
s. Clark, Brattleboro ...... 1,05O !.