Show I i MERCANTILE BANKRUPTCY Johnson Peterson File Petition for Release From Debt Tonnson Peterson merchants of Salt Lake filed a petition In voluntary bankruptcy in the United States court yesterday The firms liabilities are scheduled at 188107 oC which 5501SO Is secured The total assets are given as 114525 The chief creditors are M M Atwood SaltLake chattel mortgage secured by store and fixtures valued at JSCO J50ISO Cosgrlff Knrlght Co1 Salt Lake open account 81956 C A Smurthwaito Co Salt Lake open account J 100SS The assets consist of small running accounts aggregating 265 and the store property incumbcred ns noted The petition of Hans T Peterson one of the partners shows no debts with properly valued at 34 and claimed to be exempt No liabilities are given for Gustave Johnson the other par ner who claims exemption on his 103 assets |