Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1910-01-18
Crushed To The Wall
Close in on Charles Town DEPART
ment Store, Charles Town, w. We.
CREDITORS FORCE DEMAND
Mew York and 81. Louis Consoli-
dated .saJ5ags Conspany 4421ofutsa
Retsivey oad zezN Lf9afaa5e Sfoels
on Tic Premises at RefaH

Long. circulating rumors were sud-
denly confirmed TODAY and caused a
general stir when the New York al d St
Louis Consolidated Salvage Co.. with
headquarters at st. Louis took charge
of the Charles Town Department Store
The company, having been appointed
receiver of the stock of the we'll known
and reputed firm. will liquidate the entire
$4,000 stock at retail by means of tre-
mendous public Receivers Sale . News
to this effect has met with surprise in all
circles. but will undoubtedly be welcomed
by the entire buying public, which thus
will evade paving regular prices for their
wares. and will have. at the height of
the season, an opportunity to save many
dollar such as has never been offered
before. In adjusting the outstanding
claims unable to meet the liabilities, the
Charles Town Department Store submit
ed statement as to its standing to the
respective creditors, and at meeting of
these creditors. it was resolved to appoint
a receiver of the stock to protect the out
standing claims. ard thereby avoid the
heavy court costs which bankruptcy pro-
ceedings necessarily would entail
The New York and St, Louis Consoli-
dated Salvage Company, one of the best
known and largest sales organizations III
existence. with offices and warehouses
IN almost every large city in the United
States, has been entrusted with the re-
ceivership, and, after depcsiting a bond
fixed at $4,000 was given complete
charge of the affairs. and is now in pos
session of the Charles Town Department
Store stock at Charles Town, w. Va.
Under the conditions of the agreements
the total claims must be liqudated on or
before February 5th 1910 and forfeits
have been fixed to this effect and when
this stock will be thrown on the market.
an unparalleled rush is expected. and
without doubt the entire stock will be
exhausted and closed out before the set
termination of the sale.
One can hardly conceive of the sacri-
flee prices which will be placed upon
every item in each department, Thou
sands OF people from the surrounding
country are expected to cougregate in
Charles Town during the close out sale
Its tremendous size and wonderful ak.
travagance can only be believed in the
actual seeing. A great many of our cit
liens have already expressed themselves
as having made up their minds to attend
and not since the beginning of sales
IN Charles Town has an enterprise so tire.
mendous IN its size been organized as is
this one.
TO accomplish this huge task of dispos-
ing of the entire stock before FEBRUARY
5. 1910, the already famous Salvage con-
Germ is bending all its efforts aud sparing
no expense to thoroughly advertise this
Public Receivers Sale The fact that the
date this sale is to commence has b, en-
set for the 10Th of January clearly shows
how matters stand. and that no time is to
be wasted. The store is now closed in
order TO get this stock in such shape as to
throw 1t open to the public on opening
day at Miller 5 cd stand opposite National
Hotel. 1t will pay you to come ffty
TO Rfta 81,
Wednesday. January 10 at a m.