Chapel Hill Hardware Company

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Storyline about this site, with a page of its own:

• The Chapel Hill Hardware Company and its successors, 1917–1930

1. June 11, 1917 The Chapel Hill Hardware Company closes and goes into receivership The Chapel Hill Hardware Company shut its doors, R. L. Strowd was appointed receiver, and the stock was inventoried. The firm was run by H. C. Wills and his sons C. B. and C. L. Wills. People: Robert L. Strowd The News (Chapel Hill), June 14, 1917, p. 5
2. by June 14, 1917 The Chapel Hill Community Club sells canning jars and cans at cost and rents out a canner To save the season's fruit and vegetables for the war, the Chapel Hill Community Club bought quart glass jars and tin cans to sell to town and country people at cost, and by early July it was renting a portable Raney canner for 25 cents a day. The News (Chapel Hill), June 14, 1917, p. 5
3. by September 6, 1917 The Chapel Hill Hardware Company comes out of receivership The Chapel Hill Hardware Company was relieved of its receivership and reopened on a cash basis under its president, H. C. Wills, about three months after it closed. The News (Chapel Hill), September 6, 1917, p. 5
4. November 22, 1927 John Sprunt Hill buys the block of stores beside the campus at the realty company auction At the receivers' auction of Chapel Hill Insurance and Realty Company property on November 22, John Sprunt Hill, a University trustee, bid $63,650 for the four Franklin Street stores next to the Methodist churchyard and the campus, a purchase the Weekly said was made to protect the University; the company had paid $22,000 for them about ten years before. Lueco Lloyd bid $23,000 for the Peoples Bank building and L. P. McLendon $22,500 for the Chapel Hill Hardware store, all subject to the court's approval. People: Lueco Lloyd, Milton E. Hogan The Chapel Hill Weekly, November 25, 1927, p. 1
5. by April 20, 1928 The Moore-Johnson Hardware Company takes over the Chapel Hill Hardware Company T. M. Johnson of Southern Pines and his son-in-law Ralph M. Moore of Greenville bought out the Chapel Hill Hardware Company, Clarence Wills's concern, and reopened it as the Moore-Johnson Hardware Company, adding paints, building supplies and house furnishings. The Chapel Hill Weekly, April 20, 1928, p. 1
6. February to May 1930 Moore-Johnson Hardware goes bankrupt and Orange Hardware takes its place The Moore-Johnson Hardware Company, which had succeeded Chapel Hill Hardware, filed a petition in voluntary bankruptcy and closed in February 1930, one of several Franklin Street businesses lost in the Depression; the trustee offered its stock and fixtures for sale in March. Orange Hardware opened in the vacated store in May. Bernard Lee Bryant Jr., Occupants and Structures of Franklin Street, Chapel Hill (1998; Chapel Hill Historical Society, 1999), scan p. 245 · Also: Chapel Hill Weekly, February 21, 1930, p. 1; Chapel Hill Weekly, March 14, 1930, p. 3; Chapel Hill Weekly, April 18, 1930, p. 1

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