34:, the business was among the most well-known of its kind. The company, led by Edwin W. Holbrook and three other directors, was in debt in the amount of $ 750,000 The failure was attributed to losses involved in the operation of its three cotton mills. Holbrook also lost $ 500,000 on
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As an insider with the
Delaware, Lackawanna and Western Railroad, Holbrook once profited by purchasing its stock for $ 80 a share and made a profit of $ 100,000. This led him into risky ventures as a
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under the name Clarke, Holbrook & Floyd. Clarke retired in
January 1865, and afterward the firm was called Holbrook, Floyd & Company. It became E.W. Holbrook & Company in 1868.
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buyer, and he extended his business operations on margins. When stock prices declined in the days prior to insolvency, Holbrook was unable to pay $ 40,000 which he owed stockbrokers.
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42:. During the week of E.W. Holbrook & Company's insolvency, 162 other firms in the
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firm which became bankrupt in July 1883. Located at 51 Leonard Street, near
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108:. E.W. Holbrook & Company owed no money to National City Bank.
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The Dry Good Firm Of E.W. Holbrook & Co. Fail For $ 750,000
58:. He was president of the Springvale Mill Company of
62:. He was also one of the principal officers of the
100:The dry goods concern leased the Empire Mills in
178:Manufacturing companies disestablished in 1883
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173:Manufacturing companies established in 1868
93:E.W. Holbrook & Company was founded in
153:1883 disestablishments in New York (state)
163:American companies disestablished in 1883
68:Delaware, Lackawanna and Western Railroad
168:Defunct companies based in New York City
148:1868 establishments in New York (state)
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158:American companies established in 1868
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54:Holbrook owned Grafton Mill at
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50:Director mismanaged finances
17:E. W. Holbrook & Company
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132:, July 21, 1883, pg. 8.
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56:Grafton, Massachusetts
106:Central National Bank
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89:Corporation history
129:The New York Times
64:National City Bank
60:Springvale, Maine
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24:dry goods
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