The Aberdeen weekly. [volume] (Aberdeen, Miss.) 1878-1933, 1910-01-07
CREDITORS FORCE DEMANDS

Long circulating rumors Were
suddenly confirmed today and
caused a great stir when the New
York and St. Louis Consolidated
Salvage Company, with headquar
tiers at St. Louis, took charge of
the A. [. Brown x Co.'S establish
ment at Aberdeen, Miss. The
company having been appointed
trustee for the stock of the well
known and reputed firm. will
liquidate the entire So, 900 stock
at retail by means of tremendous
public Trustee Sale" News to
this effect has met with surprise IN
all circles, but will undoubtedly be
welcomed by the entire buying pub
lie, which. thus, will have an OPP
such as has never before been offer
ed in the mercantile history of
Aberdeen. In adjusting the out
standing claims, the firm of A. |.
! Brown & Co. submitted a state
ment as to its standing to the re-
spective creditors, and at a meeting
it was decided to appoint a trustee
for the stock to protect the out
standing claims.
The New York and St. Louis
4 Consolidated Salvage Com pany, one
of the best known and largest sales
organizations in existence, with
offices and warehouses in almost
every large city in the United
States, has been entrusted with the
trusteeship, and after depositing
bond. was given complete charge OF
the affairs, and is now in full pos
session of the A. |. Brown & Com
pany stock at Aberdeen, Miss
Under the conditions of the agree
ments, the total claims must be
liquidated on or before January %.
1910, and forfeits have been fixed
to that effect. OF course, this con-
dition will terminate tho business
of this popular concern in Aber-
deem, and the interested parties
have decided to leave Aberdeen.
With them we lose one of our best
establishments. The lines carried
by them have always been of the
very highest standard only and
would do credit to the biggest and
most exclusive stores of a large
city, and it is with general regret
that we see this firm leave our
midst.
The stock and extremely high
class merchandise handled by A. /.
Brown K Co. is sufficiently known,
and when this stock will be thrown
on the market. an unparalleled
rush is expected and without a
Il
doubt the entire stock will be ex-
hausted and closed out before the
set termination Of the sale. One
can hardly conceive of the sacrifice
prices which will be placed upon
every item of each department.
Thousands of people from the sur
rounding country are expected to
congregate in Aberdeen during
this Trustee Sale. Its tremendous
size and wonderful extravaganza
can only be believed in the actual
seeing. A great many OF our citi-
zeps have already expressed them
selves as having made up their
minds to attend, and not since the
beginning of sales in Aberdeen
has an enterprise so tremendous in
, its size been organized as is this
one.
To accomplish this large task Of
! disposing of this entire stock before
January %, 1910, the already ia
nous Salvage concern is lending
all its efforts and sparing no ex-
. pense to thoroughly advertise this
Public Trustee sale. The fact that
the date this sale is to commence
has been set for the 18th of Janu-
. airy. clearly shows how matters
, stand, and that no time is to be
wasted. The store is now closed
: lin order to get the stock in such
shape AZ to throw it open to the
public on opening day. TUESDAY,,
january 18th. 1910. at $50 a. m