1. Insolvency details

2. References

Rome Company, Inc. was a furniture business in Rome, New York which became bankrupt in September 1935, during the Great Depression.^[1] It had branches in many sections of the United States.^[2] The corporation's fate illustrates the bleak economic climate in the United States during the 1930s.^[1] The retailer's failure is significant in the history of Rome. It was one of several of the town's establishments which closed in 1935, a consequence of the ongoing deflation.

To avoid bankruptcy Rome Brewery, Inc., filed a petition of reorganization under Section 77B of the Bankruptcy Act of 1898, in May 1935.^[1]

Insolvency details

A court in Malone, New York rejected a plan for reorganization offered by Rome Company, Inc., under Section 77B of the Bankruptcy Act of 1898. The furniture dealer had net assets of $793,000 at this time.

A court date was set for October 3, 1935 for the Rome Products Association to purchase assets for $725,000, not including cash, receivables, securities, and real estate.^[2]

Sale of the assets of Rome Company Inc., to the Rome Products Association for $725,000, was completed on October 4, 1935. Rome and Boston Real Estate was not included in the purchase. Rome Company Inc., had book assets of $2,500,000 and liabilities of $1,991,705.^[3]

References

• John Asen II
• John Asen III
• John A. Shelburne
• John Ashe (priest)
• John Ashley (clergyman)
• John Ashley Warre
• John Ashton (architect)
• John Ashton (composer)
• John Ashton Dodge
• John Ashton Floyd
• John Ashton Yates
• John Ashworth "Cat" Thompson
• John Ashworth House (100 West, Beaver, Utah)
• John Ashworth House (200 West, Beaver, Utah)
• John Ashworth (judge)
• John Ashworth Thompson
• John Askin, Jr.
• John Askin Jr.
• John A. S. Monks
• John Aspden
• John Aspinall (politician)
• John A. Spizziri
• John Asquith
• John Assheton I
• John Assheton (MP for Lancashire)