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Show AN OGDEN FAILURE. The Consolidated I. umber and Building i ouipany I orcwl to tile Wall. The Ogdeil Standard says: "The Consnll. dated Lumber and Building rompanyhas been forced to assign, the assignment taking place Thursday afternoon, W. . I. Stephens belli;; appointed assignee, lie stated regardm the matter that the liabilities of the tin were about 187,000, and that the plant at material would probably cover the. cn!i amount of the, debt, lie and hie brother, Solomon, boujjht in aboutjTOOO of stock in the company some two months ago under representations which he says did not show the true situation of affairs and they were thus deceived Into buying stock. 'Warren (i. Child, sr., is the heaviest stockholder and will probably be the great, est loser, from him the following particn. Ian were learned: The eornpany was lirst known as the Ogden Lumber and Building company. Into this Mr. Child put $14,000. Last February tula company was merged into the present one and a stock of f.U.UOO, unincumbered, turned over for its use. deorge W. CaiT was put in as manager. A couple of months ago Messrs. Stephens bought out John A. Boyle aad Mr. Causey. About thre' weeks ago they discovered thai the liabilities wi re far heavier than they had Imagined. An Investigation was made and the bonks were found in bad shape. Bids for outstanding debts were daily coming In I of which the books faded to give any show, ing. Money had beeu individually advanced several timea in order to keep it going. Further investigation showed the management manage-ment to have been eX"?edingly bud. Efforts were made o pull through and straighten out the tangle, but on Wednesday it was found impossible to continue the bustuess any longer and the assignment, of yesterday w as the result." |