, 1874-04-24

order Of the Court, and that Henry t1eonepauh ~
bid 0uo for the notes and collateral securities snl
that his bid s the highest aud best made therefor
is therefore, ordered and decreed by the Court thu
the Assignee accept tie BID sae ny henfy Greens
baum the said two notes Of the said Heslng hnd DC
liver to him the said shares Ct stock as couatera
thereto, upon the payment by said Greenepa1n Of Ii
| said sum oi 5000 in cash.
| Filed April 20, 1874.
6TAATs-zErTUS0 STOCK.
| Reporter-How much was that Stduts- -Zettun..
stock worth?
s1r. yocte-There were ITO shares, their face
value being S100 each.
Reporter-What is the total amount CT tht
stock of the company?
Mr, Yocke-5170, 900. believe.
Reportar-hoW much is that stock worth pei
share?
Mr. Yocke-Thnt I cannot sny. It is not
quoted. suppose it is worth $500, or, perhaps,
$500 share, estimating By the profts.
Reporter Il that be SO, Why would not these
bankers buy it2
Mr. yocke-1 judge that nobody is willing to
buy stock in d corporation where he has no con
trolling interest. Now, for instance, among
Kenkers assets there were some shares Of stock
in John L. Huck's brewery. They sold for about
80 cents on the dollar, and Jet the presumption
ls oil course, that they ars worth mora than that.
DISSATISFIED PoL1cY-HoIpEhs
Reporter-Was there much dissatisfaction
among the policy-ho1ders With this sale Of AIR.
Hesiug's notes?
Mr. Tocke-1t came from comparatively only a
few people. The larger policy-holdors- Meth
Grill, Sisson. and FlorBheinl-~Were eatlshed with
the-arrangement, since they understood the con.
they would make more By m immediate settle
ment than BY throwing him into bankruptcy.
That thlnk myself.
THE DESPERATE CASES.
The Roporter-What are those "desperate
cases " you spoke Of?
Tf1,n r1nft% 4
Judgment against Leitsch l. Townsend, obtained
N March, 1874, for s1,09l.l1. I was reliably in
formed that the debtors were insolyent.
A judgment against Henry Kenlel for ST.
S7S.l2, obtained in March. 1873, secured by
twenty shares of Huck's Chicago Brewery. Com
pany's stock. The highest price that could be
realized for the stock was 80 PCT cent, and the
twenty shares we're sold to John Hucl for $500.
A Judgment note made by Edward Hausmann,
Dec. II, 1857, for 5375, due three months after
date. The debtor having gone through bank
ruptcy, the note was deemed worthless.
i judgment note against Jefferson Farmer, for
Three notes for $1oo each, ana one note for
$50, made by 6chere1 L. Horw1tz to the bank
rupt Oct. s, 1871, for,,which they were not in-
debted, but other parties might be.
The following is the order OF the Court:
Enter order that Assignee.scn within named caims
at public aucuon,-notice ten days In Journal aud
-zeitung, and that he deliver scherer HoE-
W1tz's notes 10 10eet1nS. L. ". D.
THE REPORT.
I, having disposed Of the securities, reported
to the Court as follows:
To e Hon. Henry " 119d5e, Judge fa United States
The undersigned, Assignee Of the Gernania Insur-
ance Company, bankrupt, would respectfully report
that Tuesday, the als day Of April 1914 ut 10 O'Clock
H., in front Of the building known US the Republic
Life Insurance Conpnnya Building Oh LaSouc street,
In tho city Of Chicago he offered for snle ut public
auction the note made 1y Edward s. salomon to the
said aeF harng given ten as Ru'a
illinois taats-zet,un in accordsnee With the decros
aud best bid made for snd note that Of Herman
Fcsenthal who offered to pay the sura Of s22513 in
cash therefor.
time and place. after due publication In the Etenfng
Journal and the Tnte7-0ctan IN accordance with the
orders Of this Court he offered for snle ths Judgment
recovered by him at the March term, 1874. Of this
Court against Iettch T. Townsend for the su1n Of
IL. tat the highest aud best bid made therefor
th1t Of Richard Clark, who offered to pay the SUN
If S5O1 In cash therefor.
That at the eae time and p1ace, he offered for sale
the judgment for sl,B7s.l2 recovered hy him at the
1900 nave been paid; that the highest and best bid
made WIS that Of - Hoffman, who offered to pay $50
in cAsh therefor.
That ut the time and place. he offered for sale
the Judgment for 81, 44e6 recovered by him in De-
uember, 1872, against Jnfcrson Farm, and TINT the
highest and best bid Therefor was that OF A. Palmer,
That at the time and plnce, he offered for sale
The judgment note for S9i5. made by Edward Haus-
mann to the sald bankrupt Dec. II, 1867 and payable
three months after date but owing to the fact that sd
Hnuamann passed through bankruptcy in 1862 and
obtained bis discharge, the Assignee could not obtain
bid on said note
The Assignee would ask Tor authority to make proper
Of the foregoing securities 10 the rtcs
aoye named the highest bddcrs. upon receipt Of the
sunR Of money set forth.
(Signed) WILLIAM VocKE
Assignee Ger1na1ia Insurance Company.
Filed April q, 1874.