Show A MADE meeting af sac creditors of the price mercantile A meeting was held in city on monday night to adjust the itier existing between D J Willi ains co and their creditor the history of the case is about as follows in the fall of 1885 the abobo firm opened a general mercantile business at price in emery county and near the close of it incorporated under the name of tho price mercantile company the corporation succeeding to the business assets and liabilities of the firm the company was at this time in straitened circumstances and in 1837 it turned over all its merchandise real and other assets to an agent of the creditor all of whom were merchants of salt had formed a forfa of pool and appointed no effect a pool aa the settlement which had boon anade by its agent and some rather intricate litigation followed mr david williams formerly mana ger of the denver aitio grando mines in pleasant valley was the father of all the members of the firm oad J williams co and was their heaviest creditor last evening ho met with all the other creditors residing in salt lake city and after an hour or two spent in discussing the matter entered into an agreement to purchase all the claims against the price mercantile company as a corporation and D J williams coas a firm the accounts purchased amount to a trine over 8 and the effect of the transaction will bo the dismissal of the pending suits |