Show SPENCER AND LYNCH FAIL A Chattel Hortsato Fortcosed by JlcCornlct and Couipiny Yesterday Spencer mud Lynch 0 corporation that bat been conducting one of the largest retail shoe stores In Ibo city gave to MoCoralck and Co hackers a Chattel mollllle on its stock of merchandise lo I secure a note I and oval d1rali amounting 12433 Under Iho terms ol the luslrurunl Henry McCorulok was made trustee trus-tee with authority to take Immediate possession ol the took of goods and Ibis he did Immediately upon the Ill Trot of the dccumeul In tba recordeii I cfflce blab wai done this morning The bank It I having ao Inventory taken today aud on tome day ot next week the entire Hock will bo sold In a lump at public auction I I estimated that the cost value of the merchandise now In the state I about 25000 Including old road tbop worn gods but making all allowance for These I Is I thought from 16000 lo 17000 ought to b realized on the suck at auction The company will 1 net llboll Is obtained excess of the banks < claim Acinrate figures as lo the standing of the company could not be obtained but a person In a position to make a lair estimate places Its Indebtedness at about 12800 In adult on to the amount Hue McCornlck Co This wculj Indicate thai Other creditors clalo will only realize a percentage ol their |