The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1906-02-15
WHOLESALE
HOUSES
BOUGHT

The General Distributing Conn
Ipany has sold four of its nine whole
sale houses 70 men interested IN the
Distributing company The West
Virginia Grocery & Candy company
At Fairmont and the Pugh & Beay-
ers Wholesale house at Morgantown,
have been sold 10 =. G. Race, II 4.
smith, John a. Clark and James
Linn, 1 Fairmont banker, who will
continue the business at those two
| places under the firm name, The
Race q Smith Grocery company.
which Is now organizing, The
Grafton Grocery company and the
Terra Alta Grocery company have
been sold to Messrs. Pugh and Beav-
ers, who will continue the business
1t Grafton and Terra Alta.
The General Distributing COM
pany viii continue to operate the
other fige houses at Elkins. Buck
hannon. Sutton, Weston and CIarEs-
burg in the same firm names they
have been operating in the past two
years.
The deal has been on several days,
and ! practically consummatedI
now, although il was not supposed
70 be given % the public until the
invoices were completed. This work
L now about finished.
premature and unauthorized
publication 81 the Fairmont West.
Firginian has caused the matter Is.
Become public before the invoices
were quite completed.
The West yirginian appears to
have made some unfair and wholly
unwarranted statements. in connec-
ftion with the General Distributing
company, which it refers to as the
West Virginia Distributing COM
pany. These statements are in the
nature of attacks upon the financial
condition Of the concern and a per-
sonal attack on Frank Armstrong,
Eforlner president Of the General Dis
sribnting company
Concerning the statements made
nv the West Nirginian, President
rlohif u. Rulll, Of the General Dis
sributipg company. makes the fol-,
lowing statement:
am surprised 10 hear Of the at
#ipclx, and cannot tell why it was
made The financial condition Of
the, General Distributing company
absolutely good ,as can be seen BY
our bessss. We are absolutely sol
vent and every bill is being pad
within the time of discount. Noth-
ing Is overdue, we have plenty of
funds and are meeting everything
promptly.
we decided to sell the places of
business at Morgantown and Fair
mont TO Messrs. Race. Smith and
their associates. They made up a
proposition which |, as president,
thought was good and we arranged
to SELL The same thing was true Of
Grafton and Terra Alta and we sold
to Messrs Pugh and Beavers. While
this Is true, it's purely a matter Of
business and We will continue to OPP
crate the remaining FIVE houses We
believe they can be operated to adj
vantage. The company Is in GOOD
shape financially and T am surprised
that such statements were printed
l@beni fhe facts could easily have
l,eep ascertained.
Ehe attack on Mr.. Armstrong is
lRllalls uiiwarfanted-the whole
thing i absolutely wrong
Mr.. L. q. Race will quit the Gem
eral Distributing company and. as
sumo the general management Of the
Fairmont and Morgantown houses.
Mr.. Roy Lough, manager Of ARM
strong, Crislip, Day & Company
viii 90 to Morgantown and becoihe
manager Of the house there.
In this connection President
Ruhl, when seen about the article
published BY the West Virginian
concerning the deal, showed eonsid.
cradle Indignation over ii. ant
strongly intimafed that immediat,
steps would be taken against that
lpaper. The opinion prevails that b,
and others interested mean to insti
ltute 4 heavy damage suit for IN
jury done the General Distributing
lcompany. II is understood. how
Ieur. the West Nirginian will maxi
some statement regarding the mat
ter. IN which il will retract the pub
lication-