Show I LARGE CYCLE FAILURE Overman Wheel Company Made a Assignment Yesterday Springfield Mass Dec 27The Over Sprngeld man Wheel company of Chicopee Falls I made an assignment today for the benefit of former creditors Henry B Bowman president of the Springfield National Bank was appointed trustee I Albert H Overman is president of I the company and the principal owner j and he gave out a statement tonight showing that on Nov 10 last the assets sets were 1318000 and the liabilities I 539000 The liabilities are largely I notes held principally in Boston Mr Overman furnished 10000 to pay off I the employees and the factory was closed One weeks pay is still due to I the employees |