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Bad Failure in Connecticut.

--The Pacific Knitting Company, at Manchester, Connecticut, has failed, having not only sunk the entire capital of $50,000, but drawing heavily on the personal property of the shareholders. This was not an incorporated company, and the shareholders are individually liable.--They have within a few days past held a meeting and assessed themselves 60 per cent. on their shares to meet liabilities. The liabilities are about $80,000. Some of the shareholders will probably be obliged to sacrifice their homes to meet their engagements, and the loss, generally, to Manchester will be seriously felt.

The Daily Dispatch: November 12, 1860. Richmond Dispatch. 4 pages. by Cowardin & Hammersley. Richmond. November 12, 1860. microfilm. Ann Arbor, Mi : Proquest. 1 microfilm reel ; 35 mm.

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