File:Sjostrom-Olaf 1894.gif

MAKES APPEAL TO HIS CREDITORS. Sjostrom Wishes Three Years in Which to Return Immigrants Their Money.

October 10, 1894, Wednesday

O.A. Sjostrom has done a business in money transfers to Sweden, at 27 State Street, for several years. Immigrants deposited with him their savings, on which he made the profit of exchange, promising to send the money home for the owners. He had an arrangement with the Bank of Copenhagen, as a distributing agent.