Gibson is an unincorporated community in northern Dunklin County, Missouri. It is located thirteen miles north of Kennett on Route 53. Gibson was platted on October 20, 1890 and organized in 1891. In its early days, it was the railroad that made the town. The first train to Gibson made its stop on December 20, 1890. It was part of Louis Houck’s Missouri and Arkansas Railroad Company. The line extended from Cape Girardeau with connections in St. Louis, Kennett and Gibson. The line had two passenger trains per day. It was most often referred to as the Houck Road and later became known as the Ham Train, after one of the conductors who lived in Campbell. The town was incorporated on August 4, 1902. Voters elected five trustess, who elected one of the trustees to serve as chairman. The trustees were responsible for appointing a town clerk, marshall, collector, treasurer and street commissioner. The town’s first mayor was David C. Pollock. Gibson was originally called Canaan Island. It included what locals know today as North Canaan, South Canaan and Gibson. Gibson, named after one of the first families, later became the name of all the areas, totaling 160 acres. Gibson’s early days including a railroad station, sawmill, cotton gin, grist mill, a grocery store, a church and a schoolhouse. Farming was also one of the townspeople’s leading businesses. The town continued to grow, and in a few years, Gibson had a drug store, physician, two lodges, a barber shop, blacksmith shop, three general stores and two car dealerships. Not only a leader in commerce, Gibson even had two local baseball teams, the Gibson Grinnel Eaters and the Canaan Islanders.

What is business bankruptcy law?

Business Bankruptcy involves the legal process that insolvent businesses take to insure fairness and equality upon creditors and to help the debtor company start anew with the property the company is allowed to keep without being hampered by their liabilities. Business Bankruptcy attorneys advise on debt relief options and guide companies through each phase of a federal bankruptcy filing -- including Chapter 7 bankruptcy debt discharge plans and Chapter 11 bankruptcy debt reorganization plans. Bankruptcy attorneys may also represent creditors seeking to have their rights enforced in connection with the bankruptcy reorganization of a debtor.

Personal Bankruptcy attorneys also advise on debt relief options and guide individuals through each phase of a federal bankruptcy filing.

Answers to business bankruptcy law issues in Missouri

There are six basic types of bankruptcy cases provided for under the Bankruptcy Code, each of which is discussed...

Official Bankruptcy Forms must be used to file and take action in bankruptcy cases. Procedural Forms also may be...

Chapter 7 of the Bankruptcy Code provides for "liquidation," ( i.e., the sale of a debtor's nonexempt property and...

Chapter 9 of the Bankruptcy Code provides for reorganization of municipalities (which includes cities and towns, as...

Chapter 11 of the Bankruptcy Code provides (generally) for reorganization, usually involving a corporation or...

Chapter 12 of the Bankruptcy Code provides for adjustment of debts of a "family farmer," or a "family fisherman" as...

Chapter 15 is a new chapter added to the Bankruptcy Code by the Bankruptcy Abuse Prevention and Consumer Protection...

Although the Bankruptcy Code provides for a stockbroker liquidation proceeding (11 U.S.C. § 741 et seq.), it is far...

Most debtors who file a bankruptcy petition, and many of their creditors, know very little about the bankruptcy...

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...