Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1905-12-15
FAILED FOR 100000
C. H. Thompson's Schedule Big.
gest Ever Filed in BrattIeboro

$4,000 Of the Liabilities Not Secured
Many Of the Large Creditors In Boston
and other cities.
The largest individual failure reoord-
ed in Brattleboro was shown vester-
day about 8 o'clock, when Charles IT
Thompson, president of the Brattleboro
Manufacturing company filed n voIun-
tary petition in bankruptcy
His total Indebtedness as shown by the
schedule, is $l0l 557.82, and his assets are
S1S,435 Those who have been in touch
with the legal entanglements of the Brat
tleboro Manufacturing company were not
surprised at the fact of the schedule being
filed, but they were surprised AT the
amount of the liabilities. The business
of the company, which was that of maxi
ing hosiery and was conducted in the
machine shop building on Arch street
was of good proportions and appeared to
be prosperous up to several months ago
when attachments began to be placed on
the property After that it appeared to
go TO pieces, and for some time the fac
tory has been closed. Mr.. Thomson has
not been adjudged bankrupt Judge
H. II. Wheeler being away When that
is done trustee will be elected and
then 1t Is likely that there will be pro-
tracted hearings in the case.
The liabilities represent largely the LA
bilites of c. II. Thompson on notes of the
Brattleboro Manufacturing company the
Howe, Dovejoy company of Boston, the
Hopper Morgan company of WATERFOWL
N. Y, and the Bradstreet Tflton com
pany. The Howe, Lovejoy company and
the Hopper, Morgan company are now
in bankruptcy. 1t appears that each of
these concerns issued notes for large
amounts with endorsements of one or
another of the other concerns and raised
money on them at banks in Boston,
Providence, r. l., and New York city. A
large number of these notes for each
concern were sold by one ]. E. Whitney
of Boston, and many of them bear his
endorsement. Nearly all of them accrued
within the present year
civil process was served on Mr.
Thompson in Boston few days ago as a
non resident debtor, and Mr. Thomson
furnished. bail A hearing in that case is
set for next Monday. 1t is understood
that this action was the final development
which brought about the petition in bank
ruptcy.
The schedule of assets shows that there
is no life insurance due Mr.. Thompson
or his estate. In detail the statement of
liabilities and assets is as follows:
Liabilities.
Secured claims. 525. 90
Unsecured claims. Observation-Disclosures. 72 90
Accommodation paper. 16,5S6S2
s1O1, 7s2
Assets.
Real estate. ACKNOWLEDGEMENTS 100000
Bills, promisory notes and Sc
curlueS ...,;.''.'''''..'''''''''' 4S.OO
Household goods. ................ $4,000
Carriages and other vehicles. 1000
Other personal property........... 1000
Stocks, negotiable bonds, etc. 13. 25OOO
Property claimed exempt......... $1,000
$1S.4S5.OO
The real estate included in the assets
consists of a cottage and land and boat
house at Spofford lake. mortgaged to the
Springfield Savings bank and Martha c.
Burnham. The stocks, negotiable bonds,
etc, included in the above consist of GO
shares of the capital stock of the Brattle-
boro Gas Light company, $3100, and 203
shares of the capital stock of the Brattle
boro Manufacturing company, par value
$10,150
petition to have the Brattleboro
Manufacturing company adjudged bank
rupt has been pending for some time, the
petitioners being the Rhoades Ripley
Clothing company and, other unsecured
creditors. hearing On the petition is
set for Dec. 21. This, with the fact that
the company has not been doing business
recently, is indicative of the value of the
Brattleboro Manufacturing company stock
as an asset.
The Brattleboro Manufacturing COM
pany is capitalized at $24,750 divided into
495 shares of $50 each, held as follows:
C. H. Thompson $685. Mrs. w. D. Stock
we'll 90, Mrs. c. M. Fletcher 20, Emily NJ.
Stockwell 16, DR.. H. D. Holton 10, C. F.
Thompson 4, Marshall J. Noyes 2, Adelia
Joy estate of Davenport, Ia, 10, S. c.
Johnson Of Boston q John R. Gordon of
Middletown, Conn, 2.
Following is a list of the unsecured
creditors: First National bank of
Northampton Mass, $11,750; ]. Lederer
corporation of Providence. r. l., $500;
Claude Allen of Boston, $500; Freeman
National bank of Boston, $500; Freeman
Wight of Boston, $500; j. w. Cawley of
Boston, $500; A. Kaufman of New York,
$500; Webster & Atlas National bank of
BOSTON, $500; Whipple, Sears Ogden of
Boston, $1,000; Rhoades, Ripley IL Co. of
Boston, $1,000; F. p Shumway & Co. of
Boston, $4,000; F. Ferdinand of Boston,
$500: American Exchange National bank
of New York, $4,000; Puritan Trust Co of
Boston, $1,000; Arnold Louchime of Phila-
,delphia $1,000; Francis Goodhue, jr., of
Philadelphia, $425O; c. S. Bray of New
York, $500; II. H. Wheeler of Brattleboro,
5000; E. B. Barrows of Brattleboro, SAG.
The secured creditors and the amount
of debt to each are: Springfield Savings
bank of Springfield. this state, $1,000 YER
mont National bank of Brattleboro, 1919;
Charles s. Clark of Brattleboro, $lO5O;
Martha C. Burnham of Northampton.
Northampton. $4,000.
The security held by the Vermont Ma
tional bank consists of the 62 shares of
Brattleboro Gas Light company stock,
mentioned In the list of assets, on claim
for $2S75, and the name of. c. G. Fits as
surety signed for the remaining $500.
C. S. Clark's security is 25 shares of Brat
tleboro Manufacturing company stock.
Martha C. Burnham's security is a sec
ond mortgage on the Chesterfield real
estate and 20 shares of Brattleboro Manu-
featuring company stock. The First Ma
tfonal bank of Northampton has the names
of Martha c. Burnham and Helen E.
Thompson as surety signers.
The accommodation paper included In
the schedule is as follows E. A. Cham
berlain, 500. to Peoples National bank
signed c. II. Thompson; Morris q Gregg,
SSS.41, to Vermont National bank, signed
c. II. Thompson, J. w. Gregg and j. L.
Knowlton Louis A. Pettee, $500, to YER
mont National bank signed c. II. Thomp-
I'd CLAIM E,1iZahath @. ThOmD-