MacDurgin Business Systems Declared Bankruptcy In July 2013 With Liabilities Of $677,943!

Anura Guruge, June 8, 2013.

by Anura Guruge

Related posts:
>> MacDurgin sold — July 20, 2013.
Sex shop in Laconia in the MacDurgin Building
>> … — June 18, 2013.

>> ‘Capital City Pawnbrokers’ — Dec. 4, 2013.

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Click to ENLARGE. Use link below to access original.

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Wow. I had no idea. I have been to the pawn shop, ‘Capital City Pawnbrokers‘ (which has a lot of interesting stuff), twice since December and I never heard from them. They keep on talking about the Landlady. Hhhhmmm.

I also met, at my Comet ISON presentation in Laconia, somebody who had worked there since Day 1 — and left a couple of years ago. He never mentioned bankruptcy. Maybe he thought it wasn’t important. He did say that the new owner still owed a monthly payment installment to Cindy Macfarlane — the prior owners widow. I hope Cindy did not get burned. She did not deserve that. She is a gentle soul who I don’t think ever did anybody any intentional wrong.

Wow. $677,943 in liabilities. Wow. Who were the suckers that were putting up all that money. Wow. Wow. Wow.

In 2003 a number of people who worked for MacDurgin would ask me, repeatedly … 1/ Why I didn’t buy it … & 2/ To buy it because they thought it would be fun if I owned it.

While I kind of had to agree with #2, my stock answer to #1 was ‘because I am not totally stupid … just partially stupid’.

Well, well, well.

As ever with all bankruptcies my heart goes out to the poor lenders who got burned.

Enough said. Just hope Cindy, who was a good friend to us, and gave us a wedding present that still has pride of place in our bedroom wall, wasn’t burnt.

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