Parowan Times | 1926-04-28 | Page 8 | Paragonah Store to be Purchased

PARAGONAH STORE TO BE PURCHASED assets ot of the J H lund co store at paragonah Para gonah which recently went into the hands of the credit liens association in what appears to be a rather liberal appraisement Dral while liabilities consisting ot of accounts to fifty two jobbers j aud and 2400 owed to the ban bank total 4 an agreement has been reached by the creditors ot of the company to sell the business back to J 11 II lund and thomas A To phani two of 0 the three former partners ot of the concern for an amount equal to 85 ot of creditors credi tois claims to be paid in cast and the balance in monthly installments secured by mortgages on other property with a provision that 1 if ay y jan lary jary 1 1927 they have paid an amount equal to 75 0 o of the tha aness that amount shall be accept d in full settlement 0 0