Show BUSINESS FAILURE the ephraim coop co op makes an As sign ment the eph raint cooperative co operative mer her cantile association closed ltd its doors on thesda tuesday y the dinst and on wednesday filed a trust deeden deed in assignment with the county ke re corder in this city in favor of peter C anderson And ereon assignee just what the liabilities of the tho company ere are cannot be obtained at this time but the list of preferred creditors foots up over in addition to stock on oa hand th the company convey convoys certain parcels of real estate and other property the tho store carried a large stock and waa was doing a big basilew the failure is evidently a complete one A full list of creditors is not given in the deed of alignment but provision is its made that the as eiglee shall pay the preferred olase class ill in full and any remaining proceeds edu shall hall be applied to other creditor creditors in in proportion to their respective demands the preferred creditors are as follows T 0 promissory ory note notes payable I 1 to amstus C and D M V C P one promissory noto note payable to erastas Will ardeen W peter greaves Ore avei sr dp dep receipt 33 henry beal deposit receipt sa niels thompson thorn peon 11 jorgen C jensen 2 notes henry beal one dote note ow do 00 blary heal beal one note william beal one note aaron hardy one note W C L thorpe deposit receipt 60 do 00 7 C M I 1 salt lake city dark clark eldredge co 11 ogden paint oil ft olau ulm co 64 04 peter paterson Peter eoa oo 00 2600 2500 thorald hanson labor acot act geo geoa Q cannoa A sons 58 8 00 andrew bjerregaard deposit receipt X E noy noys deposit receipt 61 00 total 96 A LATER DEAL Yest yesterday erda afternoon a it now deed of assignment was filed the foregoing preferred creditors with drawing their claims and consent ing to a new deed being executed cohering tho claims of all creditors alike under this deed th abo e man ti city savings sayings bank is made the only preferred creditor in a sum of 30 this change was made on discovery ca vb y of certain defects in th the 3 qualification qu alifi cation of some of the newly elected board of directors Dir ectore by rea son on of which one of the old board was still under the law a qualified and acting director and was among the preferred class of creditors cre ditora which fact invalidated the first deed of assignment under this arrangement the busi business negi will not lj compelled to close donn doan but will continue dundei the direction and it is thought the Lr creditors editors will in turn hecei recene e their claims in full till frank 13 stephens and L R rhodes represented the preferred creditors and booth lee A gray of salt lake andje and J E cochran of this city the un preferred class |