Southwest Idaho gun dealer seeks bankruptcy protection - Spokane, North Idaho News & Weather KHQ.com

Southwest Idaho gun dealer seeks bankruptcy protection

Posted: Updated:
BOISE, Idaho -

(AP) - One of southwestern Idaho's most well-known gun dealers has filed for bankruptcy.
  
The Idaho Statesman reports in a story on Wednesday that Boise Gun Co. Inc. filed for Chapter 11 bankruptcy reorganization in late February.
  
The filing lists $2.7 million in assets and $3.8 million in debts. Zions Bank is the largest creditor with $1.7 million in claims secured by Boise Gun's real and personal property.
  
The company also owes more than $22,000 in Idaho taxes.
  
Attempts to reach the company's president and principal owner, Gary Lee Harper, failed.
  
Gun and ammunition sales have declined following the election of President Donald Trump, ending years of panic-buying by people afraid a Democrat in the White House would crack down on guns.
  
Famed gun maker Remington filed for bankruptcy reorganization last month.
  
___
  
Information from: Idaho Statesman, http://www.idahostatesman.com

(Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

4/4/2018 12:28:20 PM (GMT -7:00)

  • Most Popular StoriesMost Popular StoriesMore>>

  • Family tries euthanizing cat after he walked 12 miles to return home

    Family tries euthanizing cat after he walked 12 miles to return home

    Thursday, April 19 2018 1:23 AM EDT2018-04-19 05:23:12 GMT
    @a.cat.named.toby@a.cat.named.toby
    @a.cat.named.toby@a.cat.named.toby

    RALEIGH, North Carolina - A North Carolina family gave their cat away and then tried to euthanize him after he walked 12 miles back to his home. According to the Society for the Prevention of Cruelty to Animals of Wake County, North Carolina, Toby the cat made the long trek back to his family after they tried to give him away. When he returned, they took him to a shelter to put him down. The shelter called the SPCA to ask if they would help 

    >>

    RALEIGH, North Carolina - A North Carolina family gave their cat away and then tried to euthanize him after he walked 12 miles back to his home. According to the Society for the Prevention of Cruelty to Animals of Wake County, North Carolina, Toby the cat made the long trek back to his family after they tried to give him away. When he returned, they took him to a shelter to put him down. The shelter called the SPCA to ask if they would help 

    >>
  • Toddler shoots pregnant mom outside Indiana thrift store

    Toddler shoots pregnant mom outside Indiana thrift store

    Wednesday, April 18 2018 4:40 PM EDT2018-04-18 20:40:25 GMT

    MERRILVILLE, Indiana - An Indiana woman is in critical but stable condition after her 3-year-old daughter accidentally shot her with a gun her father left in the car. Police in Merrillville say two small children were waiting in the car with their mother while their father shopped inside a thrift store when the shooting happened Tuesday afternoon.

    >>

    MERRILVILLE, Indiana - An Indiana woman is in critical but stable condition after her 3-year-old daughter accidentally shot her with a gun her father left in the car. Police in Merrillville say two small children were waiting in the car with their mother while their father shopped inside a thrift store when the shooting happened Tuesday afternoon.

    >>
  • Michigan mother leaves 2 infant girls in suitcase on curb

    Michigan mother leaves 2 infant girls in suitcase on curb

    Thursday, April 19 2018 11:16 AM EDT2018-04-19 15:16:15 GMT

    FLINT, Mich. - Police say a 26-year-old Michigan woman left her two infant daughters inside a suitcase on the side of the road as child welfare workers arrived to take the children away. Police say officers assisting Child Protective Services workers Wednesday were unable to find the children inside the Flint home, about 50 miles northwest of Detroit.

    >>

    FLINT, Mich. - Police say a 26-year-old Michigan woman left her two infant daughters inside a suitcase on the side of the road as child welfare workers arrived to take the children away. Police say officers assisting Child Protective Services workers Wednesday were unable to find the children inside the Flint home, about 50 miles northwest of Detroit.

    >>
HD DOPPLER 6i
/
  • Top Stories from KHQHomeMore>>

  • Sam Strahan's mother set to speak at Art 4 Reform, an event showcasing paintings of school shooting victims

    Sam Strahan's mother set to speak at Art 4 Reform, an event showcasing paintings of school shooting victims

    Thursday, April 19 2018 2:05 PM EDT2018-04-19 18:05:13 GMT

    SPOKANE, Wash. - Two Spokane mothers are launching a non-profit to inspire common sense gun laws and legislative reform for safer schools.  Carolina Johnson and her friend, Janelle Carney have started Art4Reform and hope powerful displays of art will move people to get involved with their local government and advocate for safer communities.

    >>

    SPOKANE, Wash. - Two Spokane mothers are launching a non-profit to inspire common sense gun laws and legislative reform for safer schools.  Carolina Johnson and her friend, Janelle Carney have started Art4Reform and hope powerful displays of art will move people to get involved with their local government and advocate for safer communities.

    >>
  • Prince's doctor fined for illegal prescription

    Prince's doctor fined for illegal prescription

    Thursday, April 19 2018 1:21 PM EDT2018-04-19 17:21:42 GMT

    MINNEAPOLIS (AP) - A Minnesota doctor accused of illegally prescribing an opioid for Prince a week before the musician died has agreed to pay $30,000 to settle a federal civil claim. The settlement comes as state prosecutors are planning to announce whether anyone will be charged in the two-year investigation into Prince's death. Prince died on April 21, 2016, from an accidental overdose of fentanyl, a synthetic opioid. No one has been criminally charged.

    >>

    MINNEAPOLIS (AP) - A Minnesota doctor accused of illegally prescribing an opioid for Prince a week before the musician died has agreed to pay $30,000 to settle a federal civil claim. The settlement comes as state prosecutors are planning to announce whether anyone will be charged in the two-year investigation into Prince's death. Prince died on April 21, 2016, from an accidental overdose of fentanyl, a synthetic opioid. No one has been criminally charged.

    >>
  • Michigan mother leaves 2 infant girls in suitcase on curb

    Michigan mother leaves 2 infant girls in suitcase on curb

    Thursday, April 19 2018 11:16 AM EDT2018-04-19 15:16:15 GMT

    FLINT, Mich. - Police say a 26-year-old Michigan woman left her two infant daughters inside a suitcase on the side of the road as child welfare workers arrived to take the children away. Police say officers assisting Child Protective Services workers Wednesday were unable to find the children inside the Flint home, about 50 miles northwest of Detroit.

    >>

    FLINT, Mich. - Police say a 26-year-old Michigan woman left her two infant daughters inside a suitcase on the side of the road as child welfare workers arrived to take the children away. Police say officers assisting Child Protective Services workers Wednesday were unable to find the children inside the Flint home, about 50 miles northwest of Detroit.

    >>