Typed as spelled and written
Lena Stone Criswell
THE MARLIN DEMOCRAT
Thirteenth Year - Number 40
Marlin, Texas, Thursday, December 4, 1902
HEAVY FAILURE AT REAGAN.
D. L.
WARDLAW ASSIGNS FOR $25,000.
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Mr. D. L. Wardlaw doing a
general merchandise business at Reagan, made an assignment for the benefit of
his creditors Tuesday.
The liabilities are placed
at approximately $42, 000 and the list covers a wide range of creditors.
The aggregate assets are
about $45,000. They consist of lands, accounts, stock on hand, etc.,
$9,000 of which is exempt.
The failure is caused by
bad crops, poor collections, etc.
Mr. Wardlaw is one of
Falls county's best citizens and his many friends hope that he may recover his
losses in time. In addition to business troubles, he has been ill for
several months and for the last month has been confined to his home.
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Copyright permission granted to Theresa Carhart and her volunteers for
printing
by The Democrat, Marlin, Falls Co., Texas