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Show . oo COMPANY ISSUES STATEMENT. New York, Dec 30 Rose and Pas-kus Pas-kus counsel for the Simpson Crawford , company, and the Fourteenth Street ' Store, for which receivers have been named along with certain other Interests In-terests of the Siegel Stores corporation, corpora-tion, issued tho following statement today. ' Tb appointment of receivers was consented to only after every effort had been made to continue tho business busi-ness The concerns aro uccustomed to a large lino of banking credit, w hich has been steadily curtailed during dur-ing the last year. The Individuals, Messrs Slegel and Bogel, havo contributed con-tributed their entire personal for tunos as well as all of their enorgy towarJs saving tho situation and will continue to devote their energies In connection with the creditors towards speedy re-organlzatlon and reammp tion of business of the several concerns." con-cerns." Tho Slegel Stores corporation was (incorporated in Delawaro in 1909. Henry Slegel is president and has been active manager of the stores The gross business of the corporation hat b011 &hout $40,000,000 annually. |