Last week Unger Bros., New York, began suit in the Wayne Circuit Court against F. G. Smith, Jr., for $500, assumsit. It is understood that several more suits will be commenced shortly, backed by John Baumont, of this city. F. G. Smith was a member of F. G. Smith, Sons & Co., F. G. Smith & Sons, and Smith, Sturgeon & Co., jewelers. The first firm failed, the last named being their successors. Recently the Smiths retired from active participation in the business and are now engaged in the insurance line. A number of accounts were left unpaid and the plan now is to get a judgment and levy on their present interest in Smith, Sturgeon & Co., which consists of stock.
Source: The Jewelers' Circular and Horological Review - 13th May 1896