Document mOw8Y9DnE7yv5XGzp2BLBY5Q

ASSETS CUSTOMERS LEDGER - WHITE LEAC 3EPARTI.ENT (Co n t in u ed ) Un c o l l e c t ib l e a c c o u n t s Be n s e n Bo n o Pa in t Co mp a n y %Op i 51 a al b a l a n c e $228.55, COLLECTEO 7 - $|6.0C. Th er e IS A LARCE. TAX CLAIM PEND1NC A NO IT IS DOUBTFUL IF ANYTHING FURTHER WILL BE RECOVERED. $ 212.55 Bl u e Rib b o n Pa in t Co mp a n y %Or ig in a l b a l a n c e $102.33, c o l l e c t e d 51 - $52.00. Pl a c e o IN COLLECTOR'S HANOS FEBRUARY 1940. SuEO IN APRIL ANO SECURED A JUDCEkCNT. SHOULD RECOVER A SUBSTANTIAL PART OF BALANCE. 50.33 Ed v a r d C. Bu n c k 152.39 Th is is t h e o r ig in a l b a l a n c e d a t in g f r o m Oc t o b e r 1938. Bu s in e s s v a s in c o r p o r a t e d a s o f Ju l y I, 1940 a n d is MAKING PROGRESS. CORPORATION ASSUMED ALL LIABILITIES OF THE I NO IV 10 UAL. SHOWED A PROFIT FOR 1939 OF $769.79 COMPARED VITM A LOSS FOR 1938 OF $9,633.22. Fr e d e r ic k Do p h e io e 58.50 Or ig in a l b a l a n c e $[58.50, c o l l e c t e d 63 - $100.00. Co l l e c t io n Ag e n c y io v is e d s u it o n No v e mb e r 1s t , 1940 , Mr * St o l t e AUTHORIZED SAME. HIS FINANCIAL CONDITION SHOVS ABILITY TO PAY. Jo s e p h Fia l a , In c * 127.33 Or ig in a l b a l a n c e ||49.80, c o l l e c t e d |5 - $22.47. Fu r t h e r RECOVERY MAY BE EXfECTEO, PROBABLY ANOTHER |5$. La w r e n c e Pa iw 4 Pa it r Co mp a n y 757.70 Or ig in a l b a l a n c e $84'J.88, c o l l e c t e d |0 - $84.. |8. Ha v e BEEN PETITIONED tHTC BANKRUPTCY IN NOVEMBER 194-0 AND IT IS VERY OOUBTFUL THAT ANY FURTHER DIVIDENDS WILL BE PAIO. Lo n g Pa in t & Wa l l p a p e r Co mp a n y [86.75 Or ig in a l b a l a n c e . St o r e c l o s e o May 1940. in v o l u n t a r y BANKRUPTCY IN JUNE 1940. NO ASSETS FOUND. PROBABLY A COMPLETE LOSS. Re a l t y Pa in t & 'A/a l l p a p e r Co mp a n y 150.(1 Or ig in a l b a l a n c e . Ma d e a n a s s ig n me n t f o r t h e b e n e f it o f CREDITORS AMO THE TRUSTEE REPORTS VERY LITTLE POSSIBILITY OF A OIVIDENO ___________ To t a l $ 1,695.66 62