New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-01-26
TIE COURTS.
DIVISIONS AMONG CREDITORS.

DIVISIONS AMONG CREDITORS.
BANKRUPTCY APPOINTMENTS IN THE CASES OF
DOUGLAS l.. WHITE co. AND HOwEs & MACY.
In the bankruptcy case of Douglas l.. White
Co. OF Albany claims to the amount Of about sl70O00
were proved against the firm and the Register reported
favoraby upon the selection of Gen. Barlow Alfred Will
knson and Geo. c. Peters Trustees TO be assisted by
an advisory committee OF five. In the United States
District Court Saturday Mr. Mcorton counsel for the
City National Bank Of Binghamton. Of the credi
tors of Douglas L. White Co., opposed the conformation
Of the report the that the proceedings therein
were Irregular and that the report, II confirmed,
would be prejudicial to the interests Of
the great majority OF the creditors. He claimed,
Also that assignee in bankruptcy, instead of the
trustees, should be appointed, and suggested that
Alfred Wilkinson was the proper one to take charge Of
the bankrupts estate and assets which consist OF um
Der mills factories yard and tracts OF lumber land
Michigan, New-York. and Canada. Mr.. Brown, Mr..
Peckhan and Mr. Parsons represented the interests Of
various creditors and Judge Blatchiord reserved his
decision. 1t is said that Douglas L. White * Co. failed
on account OF Joining In the attempt made some time
ago to bull A." the lumber market.
Pursuant to call issuedb by Isaac III. DAYTON, Register
No s22' Broadway on Saturday to elect assignee
creditors and the representatives Of about 400
ment 10 larger the top floor OF the building
Much feeling manifested the assertion being made
that Howes Macy had obtained PROXIES representing
twohird5 OF Tire claims already proved and that the
assignee OF their choice wond represent the interests Of
Close moved an Adjournment for u week In order that
the creditors might agree upon candidate 10 oppose j.
Nelson Tappan. exPresdent Of the American National
Bank who understood 10 be the choice OF Howes
Macy said II the latter chosen he would
cover I'D rather frauds OF the house,
as had asserted frauds existed SIR Dayton SAID that
Of the election had been given and he knew OF
no sufficient reason for Adjournment. He should call
the OF those who had proved their claims, and
unless majority declined to vote, the election would
20 on Before the voting began. member OF the Com
mittee appointed at the meeting Of Friday evening to
nominate candidate In opposition Mr. TappaD aied
he had 70 believe that Charles g. Brown, the
noInipee Of that Committee would qualify II elected
This excied much ind gnafion. That ID not
So" said q creditor in the crowd You have right
make such statement except his direct author
ity," said another While the voting groups OF
creditors talked eXcedy In OF the and In
the adjoining hallway. Mr. Dayton proceeded with the
call Of names and the voting continued until nearly
p Later In the evening the following result was an
nounced:
J. Nelson Tsppan 4i5 Charles g. Brown sO John Todd, l.
CREDITOR Who di not 1870; 706 of debts
proved 81 Ss 90 Of debs proved creditors Who voted
for Nelson Tsppsn for assignee 1856 1872 49, amount Of deb
proved by creditors who did for Nelson Tappsn Sf54
s9 30 eisn majority value for SeoD TsppaH foS asssbs
4l3OS7l So