Show DR FORWARD GETS BEHIND WITH CREDITORS CLEVELAND 0 O. Aug 21 Dr I Chauncey B. B Forward president of ot the I Forward Reduction company yesterday I filed a petition In bankruptcy in the United States District court His lis i schedule shows that lint he owes I and has assets worth of or which I Ino no I is exempt Dr Forwards Forward's creditors creditors credi credi- tors as named are scattered all an over the th United States It is said and ho hooes from owes o them each all the way to oooo Dr Forward went Into bank bank- because of tho the financial embarrassment embarrassment embarrassment embar embar- I of or th the Forward Reduction a 11 company compau of ot which he ho was president principal stockholder and a heavy y in- in Indorser Reduction company company com corn dorser The Forward pany will follow tollow him into bankruptcy court the company are located lo located lo- lo 0 The holdings of ot in Orange and Jefferson counties the State line In Texas and across Louisiana They represent lands owned I In fee Cee simple and held under long term lease Of the ln s It is estimated I that acres are olive alive some of oC the thc I poorer territory having been aban aban- Full Fully acres are arc owned outright The company was W wp engaged engas-ed in tho the refining of or oil and other similar l products under a secret process of oC Dr Forwards Forward's er discovery Dr Chauncey D B. B Forward and L L. V V. Denis organized the company in Cleveland Cleveland Cleve Cleve- land In 1837 It has a capital ot of of ot which has been boen Issued the balance being held in the treasury The stock is held all over the country and a lot of or It abroad There are about SOO stockholders The attorney for the company compan said ald The company compan will be ber reorganized r along lines already de de- de- de fined Creditors will be by giving them stock If Ir possible at an any rate In the mann manner r best possible The concern will not go to pieces lawyers doctors clerks 4 and many toilers In shops and factories are numbered numbered num num- berell among amons the shareholders |