Bankruptcy papers, 1959-1962.

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Bankruptcy papers, 1959-1962.

http://www.worldcat.org/oclc/122333757

The records are files of John Biggs III of Wilmington, attorney to Trustee Jessup. They include court orders, trustee's reports and affidavits, lists of claims, property appraisals and correspondence covering the entire liquidation process. Subjects include the settling of claims, including back wages, the sale of the property, and the termination of the company's Blue Cross and retirement plans. There is also a clipping scrapbook kept by Ruth F. Hanna (d. 1987), a company secretary, covering the years 1950-60 and a handwritten chronology/necrology of the firm for the years 1927-48.

1 linear ft.

Hagley Museum & Library

Information

SNAC Resource ID: 6683472

Hagley Museum & Library

Related Entities

There are 2 Entities related to this resource.

Wilmington Trust Company

http://n2t.net/ark:/99166/w610105r (corporateBody)

Pusey & Jones Corporation

http://n2t.net/ark:/99166/w66q6mvv (corporateBody)

The Pusey and Jones Corporation a Wilmington, Del., manufacturer of iron steamships, papermaking machinery and other specialty products, filed for Chapter 11 reorganization on November 7, 1959, after 111 years in business. President Joseph B. Ulicny and John B. Jessup were appointed receivers. Attempts to reorganize the company failed, it was judged bankrupt on January 27, 1960, and Jessup was appointed liquidating trustee. The firm's designs, drawings and work on hand were sold to the John Ingl...