Local Businessman Retires Amidst Failing Health
John Buckley announces the closure of his business, citing health issues rather than financial hardship.
The story, cleaned up
A cleaned-up reading of the newspaper page: spelling and layout repaired, one story lifted off a crowded page. It follows the original closely but it is not a transcription. The original page is below; read it if a detail matters.
John Buckley, so long known among the business men of North Yakima, has made an assignment, Fred Parker being the assignee. Mr. Buckley informs The Herald that this step is taken through no sense of financial embarrassment, but to quickly wind up the business on account of his fast failing health. He estimates his liabilities at only $3,000, while the assets of the mercantile establishment alone represent over $8,000. Mr. Buckley’s creditors were not pressing him at all; but, on the contrary, offered every inducement for his continuance of the business.
“Mr. Buckley’s creditors were not pressing him at all; but, on the contrary, offered every inducement for his continuance of the business.”
In an era of volatile boom-bust cycles, it is notable to read of a business closing due to health rather than bankruptcy. This serves as a reminder of the fragility of independent mercantile shops before the era of chain dominance.
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