To: ChildOfThe60s
When the sawmills were shuttered, their customers couldnt pay their bills. Then Hudsons father died. Three years later, Hudson went bankrupt, paying his creditors 60 cents on the dollar. Hudson dusted himself off and started over in Detroit. On April 2, 1881, Hudson opened his first store on the ground floor of the old Detroit Opera House. In 1888, he was so successful, he looked up all the creditors he had shorted in the bankruptcy proceedings 12 years earlier and paid them in full - with compound interest. The best of being an American... a time before Clinton type scammers became fashionable...
30 posted on
05/05/2015 7:16:13 AM PDT by
GOPJ
(The thugs loot stores. The community leaders loot cities. - Daniel Greenfield)
To: GOPJ
I took note of that also. Very impressed.
Character does indeed matter.
31 posted on
05/05/2015 7:53:49 AM PDT by
ChildOfThe60s
(If you can remember the 60s, you weren't really there....)
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