Raleigh, Dec. 5—John W. Herring, regarded a rich farmer until recently, filed a voluntary petition of bankruptcy today, listing $3,205 in assets against a huge indebtedness of $338,921.
Mr. Herring is a Wayne county farmer and had a name of being one of the very richest in it. The blue sky salesman was quick to find it out. Among the worthless things for which he spent good money was the Fisheries.
From the front page of The Albemarle Press—A Stanly County Weekly of Character—Published Every Thursday. Dec. 10, 1925
newspapers.digitalnc.org/lccn/sn91068199/1925-12-10/ed-1/seq-1/
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