Rome Company, Inc.
From Wikipedia, the free encyclopedia
Rome Company, Inc. was a furniture business in Rome, New York which became bankrupt in September 1935, during the Great Depression.[1] It had branches in many sections of the United States.[2] The corporation's fate illustrates the bleak economic climate in the United States during the 1930s.[1] The retailer's failure is significant in the history of Rome. It was one of several of the town's establishments which closed in 1935, a consequence of the ongoing deflation.
To avoid bankruptcy, Rome Brewery, Inc., filed a petition of reorganization under Section 77B of the Bankruptcy Act of 1898, in May 1935.[3]