The Montgomery advertiser., 1907-11-28
IS MISSING
UNEAsINEss ABOUT A GRACEvILLE
 FLORIDA MAN.
Head of Big Firm Disappears and Establishment is Forced to Bankruptey-The News
 of PenaaeoIa.

 The disappearance of the head of the firm with s12.o0o or s15.000 and the failure Of the big mercantile firm of Fred Wilson and Company. at Grace vile. east of Pensacola, has caused somewhat of sensation in this sec tion.
 The failure of the firm and the fact that the head of 1t had disappeared apout two weeks ago. became known nere this morning. The firm was the largest mercantile establishment in Graceville and one of the largest out side of those in this city and Marianna. In this section of the state. The liabilities are placed at over $50.000.
 About two weeks ago, 1t is stated. the head of the firm left Graceville presumably for New York to purchase new goods for the store. He was credited with between $12,000 and $15.- to make purchases and also to make some settlsments of indebtedness due the wholesalers there.
 Since his departure, it is stated, that he had never been heard from. The of the firm could not be met. and after making vain efforts to locate the missing partner. the firm was finally forced into bankruptcy, being unable to satisfy creditors.
  met with foul-play in some large city, or has decided not to return to Grace ville is mystery with the people there.
 Bodies Not Recovered.
 Search for the bodies of Herbert Coheron and William Sowell, the two young men who were drowned Friday night in .Choctawhatchee bay by the aufz AZ tinued through yesterday without any results. and it is feared that the bodies will not be recovered. owing to the fact that he tide was running out, and in such cases 1t would make recovery difficult.
 The capsized boat has been recovered, and Smith. the young man who suffer- ed such a terrible experience by cling ing to the upturned craft throughout shock. The search for the bodies of the young men will continue. They were of prominent families.
 Pay Train Delayed.
 According to informations received here the Louisville and Nashville pay train which usually arrived here be- tween the goth and 23rd. of each month. will be ten or fifteen days late
 
 division, as well as all other divisions of the system
 Announcement was made few days ago that the company would this month pay all employees drawing over sl00 per month in checks. and the re- in cash. and 1t was then ex- oected that the pay train would arrive lbout the usual date. but from all in- obtainable by local officials t will not reach here until during the first portion of December.
 It is believed the company is ex- difficulty in getting to- sether sufficient cash to meet the inn nense amount expended monthly Is even with paying off some of he employees in checks.
 Schooner Doris Sold.
 The American Schooner Doris. owned ,y a syndicate of Pensacoiians. has ,een purchased by Captain Gux Axel- Ia Christina. which was sunk here a rear ago ip the storm.
 Three or four other persons retain Id their interests in the Doris when he deal was made, but Captain Axel- zen owns the controlling interest in he vessel. She is of net tonnage of lbout $50. and was built about three years ago in Maine for the local syndi- ate.
 She has been plying between Pensa- ola and Southe American ports in the umber trade, and 1t is probable that he will be continued In this business. Captain Axelsen will assume command # the vessel at once, and go out with Ter on the next voyage.
 To Oberve Thanksgiving.
 Tomorrow. Thanksgiving Day. is to e generally observed here as holiday. All tha sf0raa and ha nkipr institutions