Salt Lake Telegram | 1914-03-13 | Page 6 | Close Siegel Stores Tomorrow; 2100 Clerks out of Work

CLOSE ClUSE SIEGEl STORES 1 2100 CLERKS OUT OF OFt fit t Ill W U K i J J ti i rEW E 3 YORK March 13 The The Tour Four I Pour t. t t teen t J Street store and Rud the Simpson Simpson- Craw company compan store the tho mana manage manage- o oIn moots In meat of which h has resulted in the indictment in indictment in- in nt of Henry Sit Siegel l f and Jd Prank Frank K E. I Vogel Vopel l charging U violation 0 of the state nankin hankin banking laws taws and grand rand larceny aro are to tobe tobe tobe be closed tomorrow ni night ht b by order of I Judge Hough of the federal c cral court After an to in inventory has bas been taken the stock and fixtures of t the ine t two stores tores and the equipment f. f of the Merchants Merchants' E Express r c company are to be bo twirl sold on I March 24 for the tho benefit of creditors With the closing of the two I Ii about 2100 clerks and nd other employees employee I i will be thrown out of work many man of ot whom are said Rid to have d deposited heir j 1 savings in in tho Si Siegel el bank Those These pin em iI i a were considered by br the court I I before elore ef oto the closing order was was wa signed Judge c Hough was wag assured b by William A. A Marble counsel l for the tho store managers under the receivers that clerks wore ware in in demand and that thai practically all of the tho 2100 persons would not be lou long without wo work A Ati I inventory n will trill be read ready for prospective pros rosy p buyers on Monday next It i is estimated a that th the total value of the tho stock tock iu to the two stores is about