Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1856-02-22
TERMS OF ADVERTISING.
Bankruptcy of p. Il. Barnum and the Jerome
Clock ComDany.


| Bankruptcy of p. II. Barnum and the Jerome
Clock Company.
i The New York Post has the following in relation
to the pecunary troubles and the assignments OF Mir.
Barnum and the Jerome Clock Company
The assets of the Jerome Company consist of their
factory, and a large amount of clock machinery.
The latter, their present state 1t is SAID, Will not
realize much for the creditors.
4 The mortgages on Bannum's country seat IN Fair
field Just out of Bridgeport called Iranistan," and
the property adjacent amount to Sl2o,U0U. Ihe
grounds comprise seventeen acres, most OF which is
beautifully laid out garden, and large man.
sion in the Oriental style, all of which has cost him
about $l5O,0O0
The mortgages on his property in East Bridge
port where he owned very large quantity of land
and where he began founding city by erecting no.
tels dwellings and workshops, amount to $lo4,2I4
48. To connect the city of Bridgeport proper with
East Bridgeport, he, few years ago, built hand
some free bridge over the Housatonc river, at a
cost Of ten thousand dollars.
The squabble about Barnums property among
creditors, we learn, is just beginning. The New
Haven people, on the petition of the New Haven
County Bank, have appointed Mr.. Frederick Cros.
well the assignee In Bridgeport, the petition of
J the Farmers Bank of Bridgeport, Mr. Henry Sand
ford has been appointed assignee. Each represen-
tave it is said, claims that the other is illegally ap-
pointed and the matter is to be settled by the State
: Court of Connecticut. All claims not presented
within sixty days from the time the assignees make
the announcement are cut off from dividends.
Mr.. Chauncey B. Jerome, the founder of the clock
company, who owned $175,OOO of the STOCK has
also been forced into bankruptcy by the Stamford
Bank. He is reported to have made voluntary as
signment the day of the meeting of the creditors IN
New Haven.
Mr.. Barnum retired from Iranistan some time ago,
and took up his residence in the upper part OF this
city. An impression has obtained in New York, as
well as in other places, that he owned the Museum
building. Such is not the fact. He purchased the
collection of curiosities, but leased the building OF
the heirs of Mr.. Francis w. Olmsted for whom MIR.
H. w, Sergeant of Fishk Landing, N. H., is the
| executor.
The Museum is now, and has been for some time
past, in the possession of Messrs. Greenwood and
Butler. Notwithstanding this crushing weight of
bankruptcy as it is called, Barnum seems to bear
the burden with spirit.
Iranstan is untenaned all of the furniture haV-
ing been removed 10 this city and sold.
The records in New York show that the mortgages
and judgments against Mr. Barnums real estate
amounted 10 $179, 600, to which is added some $780,,
900 for confidential debts, designated in the list cf
preferred creditors, named in his assignment.
Tom Thumb the foundation of his late fortune, is
resting at Bridgeport, and in all probability will
come to the rescue of the Snowman.
The Trial by Frost Iron Railroads.
Among the troubles of railroad management and
the drawbacks upon railroad profits, the miGchlev
GUS influence of frost upon iron, wrought and cast
e All the lines throughout the Northern States have
t suffered this winter from this cause-some of them
of damage severay sustained by them, rather in
the number of their accidents from frost, due to
the differences in the quality of the iron used for
making axles and wheels. Good metal stands the
test bravely, while the poor succumbs, and betrays
the traveller and troubles the engineer.
The fracture of wheels and axles takes place most
y in the early morning, about sunrise, when, as we
heard Welch driver" :" say, the frost begins to
g move out.' The day succeeding of intense
cold fatal to iron under stran is said, than
is the cold day itself Strainng is said to be severer
test than percussion. During the last three weeks
upon the Eastern end of the Albany and Utica di-
IN driving wheels snapped Oft. In that time not
one OF the smaller truck axles broke This perhaps
would be taken a remarkable proof of the excel
ence of the g Wnslow Axle e"-the 44 inch ones on
% the road being all of excellent make Last week
e the spokes of of the fveoot driving wheels o
l. an express engine all jerked off the hub at
crack and the rim of the wheel was thrown up intc
the cab The fracture of the axles takes place in al
n cases. close to the wheel The break is vertical ant
with comparatively plane face, where the iron Il
IT inferior, and Jagged and stringy where it is excellent
Albany Journal
CHAMBERMAIDs.-The New Orleans Crescent ha
a the following je~ deprit these valuable member
~ of society:
Is Chambermaids are an 6 institution have beel
an institution ever since old mother Eve (confOun
~ her, why did she allow the devil to seduce her int
e eating that abominable apple experienced the war
Il OF nurse and attendant. They-that is, the inst
uton-haVe continued TO grow In portance through
~ out all the ages known the records of sacred an
W W protane, ancient and modern history, and are
q" firmly established an immovable foundation th
n0 nothing but the last blast from GabreFs trump
=. can them to even futter in their slippers
@ c Statesmen may die but chambermaids never die
IN Government may expire under the wear and tear
l ii time, but the institution of chambermads knows
ne death. Napoleon the Great breahed his last on
~ Helena's desert rock, yet the chambermads Of Pa
H still lived, as full of life, vvacity and usefulness,
J they were when single of the sceptre Of Il
~ Man of Destiny shook all Europe to its centre,
" Of kndoms, thrones and monarchies, went down befo
we his nod as reeds bow their tall heads before t
q breath of passing tornado. When the legions
u Hannibal were laundering, it were at the gat
of Rome, and senators trembled in their curue chai
ave history does not record that chaimbermads were
the least bit frightened When Rome ITSELF W
,re burning to the music of Nero's fiddle it isn't on
cord that single chambermaid was alarmed or th
the one failed in the due and brave fulment of her
V ties. In short, where is the record of a chamb
90 ndlu giving up-Delng atra1d-or caring cen
worth OF soft soap about the price of consequence
ON Echo answers-nowhere. Nowhere, answers ea
duster Nowhere, responds each brush Nowh
am screams each broom, and nowhere it is all around
and RATHER ScEPT1cAL.-A lady riding in the car
ION, few weeks since found herself seated by the side
d. an old matron who was exceedingly deaf "Maan
the said she an high tone did you ever try electr
rom ty" What did you say, Miss ," al asked yov
70 you ever tried electricity for your deafness 90
. indeed did ii was only last summer got stru
ing by lightning hnt don,t 500 as il d.; mo bt ~ oo