Hardware merchandising January-June 1897 . lers to theamount of $90,000 and has borrowedmoney to the extent of $48,000 which, withothers, make the total liabilities about$144,000. The assets are about $118,000made up of bank notes to the extent of$64,800, cash $5,200, stock $10,000, andmortgages, real estate, etc., $25,000. The company offered 50c. on the dollaras a settlement, which some of the creditorswere inclined to accept, but others demand-ed an assignment and a subsequent investi-gation. Mr. Boehmer decidedly objectedto making an assignment, but was willingthat an investigation should
Hardware merchandising January-June 1897 . lers to theamount of $90,000 and has borrowedmoney to the extent of $48,000 which, withothers, make the total liabilities about$144,000. The assets are about $118,000made up of bank notes to the extent of$64,800, cash $5,200, stock $10,000, andmortgages, real estate, etc., $25,000. The company offered 50c. on the dollaras a settlement, which some of the creditorswere inclined to accept, but others demand-ed an assignment and a subsequent investi-gation. Mr. Boehmer decidedly objectedto making an assignment, but was willingthat an investigation should be made. Afteran Investigating Committee was appointedthe meeting adjourned till the 18th, whenthis committee will report. ESTABLISHED 1839. SEYMOUR CUTLERY CO. Successors to Henry Seymour Cutlery Co. Office and factory . . HOLYOKE, MASSACHUSETTS, Every pair of Seymour Shears is fully warranted,and if found imperfect from any cause will be replacedwith perfect shears. Manufacturers of . . Shears, Scissors and . . Sheep Shears. All Seymour Shears are water hardened and are the best made. No commission house is sole agent for the genuine Seymour Shears. Write for catalogue and prices. »••••* 10 HARDWARE AND METAL MECHANICAL DEPARTMENT. THE SLEEPY EVE ROTAKY ENGINE. IN the issue of The American Machinist ofDecember 17, 1896, it was mentionedthat Grant Brambel, of Sleepy Eye,Minn., had sold to an English syndicate allthe proprietary rights in his rotary enginefor $ 1,600,000. Since then the story hasgrown, and the latest form is as follows :Sleepy Eye, Minn. Grant Brambel, whoinvented and patented a rotary engine, to-day transferred the right to manufacture andsell engines to Henry Francis Allen, repre-senting the Allen syndicate of England, for$3,100,000. This sale is for only the UnitedStates. The right for England, Germany,France and Europe was previously sold forover $4,000,000. The inventor yet con-trols the engine for Mexico and the Cana-dian provinces. The Am
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