davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18
A LESSON OF TIE FAILURE.

To the FdtfOr OF The Trt0nnc.
SIR: The exhibit given in THE TRIBUNE
this morning garding the affairs of Duncan sherman
Co certainly dscouraging enough 10 their unfortunate
creditors breaches loud lesson that the faiuro
may prove blessing in disguise Here we have great
house" doing nm enormous business upon capital pro-
vided how lst by dcpOstors ID, by selling Letters
and foreign notes 3d. by selling their own paper
IL they had any other capital 1t does not appear TIE
living expenses of the four five members OF the rin
aggregated IL is stated. over $15O,opO per year
enough to consume any capital originally put into the
business Tie banking business proper really was carried
on without "a dollar invested Of their own money For
speculative purposes they appear 10 have loaned money
by mOrleacing ther acquired real estate 30 that io
three wears past they have been largely Invested OF tht
species property, though studlnuSy cohCeallhg INC
fact Of its true ownership order TO enforce the ialse
pTctense Of having Tangible estate peliu thelI Jus!
ness Long after they knew OF thoir utter Insolvency
they pursued their business" which was 10 take IN al
the Ironcy possible their counters from conndnX
customers and. finding that payday must come thef
work of over SlOJOnOO IN paper, heilnd WEIGH thcIe
never was a dollar fOi redemption or hquldatioIL .
Now tho question arises What are their poor Nicuhs
10 do about II They have remedy III law, nut mus
take the panco about 10 pr cent. which the estate
to-day gives hope 1t can pay tomorrow may fcuhte -
10 per cent, and week may wipe IL our atoecIhcI
But law is pOwcrlcss 10 aid Them cannot ms eAon
SO awaken tie public the dreadful rottcnncss ana
fasity Of our private banking system as to demand IN"
10 ninish rasclity of this influential nature as IL so
richly We shall I've sae IN no private oihAer
house ii he may do with funds as he nedscs anu
practice the art OF deceit to perfection which womb
amaze a japanese iuggler Law for ried SUI vcahce
over every private banking Office is now III oITitr.
Nr,r- i0yE Aur H. 1873 WILLIAM STREET.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18
TIE COUNTS.

THE MIDLAND RAILROAD LITIGATION.
rNJuNc1qO%s PREVENTING THE COLLECTION OF
TAXES DENIED by JUDGE DlATCHFOHD-PEI p
rnrY IN 4 RECEIVERS HANDS, PENDING sui,
NOT EXEnPr FROM The OPERATION OF TAX
LAWS.
Pending what is known as the New-fOrk
s-d OsweGO Midland Railroad foreclosure SUIT, john c.
stevens AbrrIn = Hewitt the receivers OF tho mort
c.red property that road applied 30 Judge Batchford
of the United States Circuit Court, for iniuncti0ns re-
straing the tax collectors OF several towns in this state
from selling the property in their hands such
es 10 satisfy certain State taxes Temporary injunc
lions To that effect granted and remained IN forge
until YESTERDAY when the Judge gave decision d!ssOlv
ing them The c,Ie points VI TINS decision ae "a fol-
lows:
One covnd OF the application that the imposition of
taxes the corporation or lis property Is IN violation
OF the Constitution of the United States. rs infringing
the obligation Of contract made between tie State and
HE CORPORATION. This question has heretofore on
separate gLnen been decided by this Court adversely
TO tie receivers. The matter has been argued upon
objections made by the receivers TO the mode OF asses
I'M the taxes. But preliminary point is taken, that
tais Court will not this examine the questions
raised as TO the regularity Of the assessment
Of the taxes. Tne tax collectors are not
psrties to tbs suit. Ills Court is not a
a6 10 sreeryis or review the regnlyy of the lssos
men. Of the taxes, Oh Cert0rSr nor are the qLes
raised heiNocn the adversary Iailto " Il ptby
stit with its regular procedure ia tho way OF uaI ard
opportunity for review, but they are brought u on mo-
hon if lateral action II Is however cOnttndod for
that the property in aeir possession Is In
tn posses OF tins Court that such posi- sson cannot
disturbed without the consent OF tins Court and that
this Court will NJ 10 part with the possession
OF the property which may be required 10 pay the taxes
il will itself that the tax collectors arc lawfully
outitled TO subject II 10 the cl aims for taxes.
I have heretofore decided that the property in The
hands Of the rcceiyors properly assessed as Ito
properly OF the corr Grafton There Is prerogave Of
sovereignty which s higher nportance than the power
Of taxson which includes the collection, as well ~ TIE
assessing OF the taxes The worry existence Of the State
rs a Government depends upon the exercise OF snch
power. Except under very special circumstances such
bower Ought not int erfercd with BY injunction The
puInptness and regularity Of the collection OF taxes are
NJ important welfare and credit Of the Govern
ynen and its capacity 20 fuihl its functions. rs is
the collection itself N any person Is aggrcved by the
exercise Of tho authority Of the tax collector lie has TN
adequate. ultimate remedy In an action against ths
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18


Wtsulsirov. Aug. little 'olov'irg j. th' de-
co 4 te ln.sC rene Court i az" 60 ,i iii
,iI llut.T ~ riin.. az i'll Wei. sii'.ui>il if q"
Ii,iirv 4 tli-. 20 fht nv
the ,oa.ieIl O. Ncvl cia ls'e following " ne ad'
stance ~ { or .IIl -rfti1. - ". Ji-''" D." - t'
cesp ,~.t g. c.e ~ tho ai.r~ri in-rg f.o inffF'
na.t- ~ t.,Gps iai @cr - f4a l. en rched Nv r'
brush: Vail ql'at ray y sIi-ie- - ~ i~. -.
in-lrfl. nts provided It a'2eHS TT t"o Lew C'l
lan,i.on OF tine inr cli-.io pfr@... a i't" Cd. !!
'ri result. 1rt -, ~ j. sIHalt NY lif' ~ -
al i.f4i..1 r:t can.rt h ~ aota.le g. inst j. We con
efr c.. ~ t.. .i-,4,l. comb ali ~ tNA
io.ct It iac.dc- exactly tlc SAM ingr e. A'"tl"
ho8CNc-. cHluG.nalon wh.ct d." mercy "iii 20 o
Ot ingredients brown 20 he dstf ~ N'iH ffi,' ~ e
eran As- ii- Ct new corti.alo d ora l.
~, it.ts. .,J A!,vl - 4 a. % ~ i4Hi su' .i T
o. ht q. ',s - g. .,hIir 'Nf't ~ i'
c.tcrs patent. thc G.Nacar OF th' cvi l"nu ~
Ci.ic.t. o. ic ,tru'cl COM i+1u Huc- ,d ni i 's
Known 81 iiic date q tie lrtts ptcrt rr.n .t arc
lal-to. aud IL o- l. Oh. II ma .o &-t - 80
tat iyruI- cf intiio1 :" Oil i1eF M mis- -
.ucI ..rG o. cl..l yait any utt- ~ 80 o i',+
tons I;e- t'lfy V-lli
be f,s & invention ~ the suIs dcrd os-i A. IIo3'
Tdi4t, .d I.i,t.., - $50 "
cl..ue. is ,,ip ais ~ erF moro tam Lid
e. Lam AcH, Dr. ) - L-ti 80, .ie fIui iiIo'
Is .l. 0f LINilr; I'D TIE 'lOFi-iA IS
tIat &c conia,iy., ID that event sna u 90, t.,Ht
inv .o0 ll,-lf g. the ..II lt- section u to Itt1.t
Aci no stat. 40 l@--e, -o1I
ir 10 correct an tlitr which hfs az MY b. fn-
vert .ca ace l.t W,akc bat TIC cxpss pr0s!sCI ~
tn l,W i.t'i &C. !, tla g. 10" mailer a 'e l-i.-d
tne and 4 %
ci... .hcr uoaei drayne, Sna b. amer 't.
CO a. d. lie ot..t:. ic NeI Ga
e'ii, tAe 'id.rt o. 10, crnG 1n ,lat tir rsr cent
Ih,t D. il-s ~ 90 ING been N us.t oaa oi tAeoc
IginCip lt.s. Dis CtCi reversed.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18
CALNNDAks-TnIs DAY.
.rrr,lE co.nl-cHAuprr.-rArrKs. J.
DEPARTURE or FOREIGN Mills.

wED%EsD ~. An. Is
FOr Europe Via ecstOH and iiVtr o by the
Ahyssinig, Lals al J. y Supplementary Nal il
c.Oaod at Steamship sails q; b. from Docs
jersey city. -
Europe via plymouth Cheb0ur- nj HAMBURG nv TIE
steamsl. Gclirrt, mails close ll..D \ ;--pplr-
mcnfary - all c.ssri .;a D. steamship ils II n
m from Per ~ zoo, OF Tliri-si. IiObDkrn.
For te Netherlands dIcc. b. r rau3hp ". A. Scholien
mails cior al lj0 steamship sails from Payouia Fxry
jersey city. ~ . Pm.
For Ua,a,.a aid cuba by The steamship C. scent civ
mail close at J.. N. Supplementary MaA j., closed Al
gao Steamship sails at T. NJ from lIcr No H. North
River
FOR Bermuda ly ship Gamma mails 1T p.
IN ssansIp salis 81 ! D. M * ia IIeI 10 II N0rh RIVER
FRIDAY. a fG. ~.
Mails for Newfouni.d close al The YORK Post
every Gay At L. 80 p.
l4ior H.'ag. y. S. is closed at The New York
SATURDAY, AUG. u.
For England Wac and Ireland via Queenstown and Ilv-
erpOo. The snaiIp AdTAIic, mails close At
No Supplementary MAJ. steamship sails AZ III, from Pier
No. 81. Worth River.
Tor only via Glasgow by the steamship Bolivia
mails close 3 No supplementary Mail. ntcansh
sails AZ y q. Ii. froIn IIer No. -. North River.
For France. dTcct via l,Vre by tue steamship France,
mai, a . a No supplementary Mail
Europe. southampton aud Lfenen By The seensp
Neckal mails close a. ll3O ~. Supplementary 9al ~
closed at 1870 Steamship sails al p m IRON Pa loot
OF 1hId-st., iobOk zen.
For Hayii and Vcnrzucla by steamship Andes matt, co
steamship sails at II M, from Pcf No 81. North
kyer
Mails for Key West by m-hp City Of Austin close 1t
steamship sails AZ from per No 20. East River.
SUNDAb. AtO. -.
Letters for yapaL shanghai Hong Kong, and dependant
Chinese pOrts Tie ER4 inoie by The steamship Ci Ut
Peiil 10 su from Francisco sept Should BE- mailed
u Tue New York Post Qce biore p w. Oh Friday aug "a
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18
All Mails close at II o'clock a m. The Postoihce Is
from o q IA. " IL q. M.
PASSENGERS .ARRIVED.

FROM SAvANSAH-In fedmshfp On Parn1 ave-; !, a.
"a 4 = Warine wife and son. Mr.. J. W. McAlgnc. CHI
drrn ,nd servant Miss H. Walker Henry McAlpine Cham
mon McAlpne John - Brown and WIFE, Miss fonn% MIS-
Croker j. O. Peters wife and Mrs loomas Ms -en
cor Mis, Rosa Ehrich Nil. H. Wilams Miss Jerks Miss
Tyior s. Nav stephen A. spencer Il. = Williams. john =
simmons W. H. Robinson, H. H. TIT yohn x Hamlet ~ ~
Wirtt Leroy d. Ban C. j, White, J.W Appegate. ~ MAYER
Orocker ~ Newman P.ser MCCAIN D. Greenn'id ".ntg
van y r IonIhnn H. 81 Nci'ail j. Iehwald. y Ntzwollef
Al l. llrown, john ,.ingan. virginia burroughs -
SANANsAff-In sts1tpshfp vsn BirTss Aug ] =
col j. r. warinr wife and Mrs W. heAlpne; three
cbir,n and servant; Miss ii. walker, Henry IcAiyn'
Chamriou Mchlpine, John :. Brown aud wife, Mis-
Powels Mrs Croker. J. &. Peters, wife ana son
MIR, Thomas. Mrs. Spencer, Miss Ro>a i,nf-
Ich Miss H. Williams. Miss r. Jenss T., Miss
ryler - Macy Stephen spencer X. :. Williams, Join >
simmons W. H. Robinson, IA. ii. mt, John H. Hamlet, o. y
WIilet lie Roy -. BAH, r. j. White, y W: Apprsanai ,
Crock,f ~ MAYER Newman, Peter Ne'ahn, d. ,r thhrl
Geo EhrIick Jacob Cohen. H. witrowsh j. ~ tagln yas
SnIlyan r. r. Honlihan. r. NJ Mccall, J. lsbwald n ian
wolleT NJ H. Brow u. John Cigan, col Virginia BuIOuSh'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18
LETTERS FROM THE PEOPLE.
RUSSIA AND TIE CENTENNIAL.

~
To the razor or The Trtbu@e.
SIR Nj. John JAY III his second letter on the
Centennial published In TIE TRIBUNE. Gistanlly hints
tia; pcrap. The publication by the state Department oil
Dir Marshall JcwclS dispatches from S. Peea"urs de-
rhing and dep0ring the corruption alleged to exist III
Russia in very high places may lave had something to 40
with tue apparently unsccOuutsDe refusal OF that Power
IN send Commissioner to the Centennial or 10 recognize
Il in any WAY This course prevents Russian suiJecis
fyo;, cxbbifle there In 1871 learned from one 81 the
nr,ncipot owners Of the Siberian gold mines that Win
Tho consent and approval Of his Government he YES
then basiy forming collection of all the g0lbeailhg
ores of Isa and intended 10 accompany 1t to Phiad
nhia IN 70 whore he should himself see that 1t was
placed in a prominent position in TIC Gentleman
buidfugs and cxnbi; a i'll WORTHY way. ROM
,,ass ogn therefore, Russia and the Russians cor
6drntlv expected To Join in the throng OF nations
which ond testify at PHILADELPHIA their respect for ne
American e'i ana their admiration ioF us huH"l'u
fn,,rt .- Ton or hapCss state Dc'aftntIll, care
az, v-autculy SIS tie Russian Government ana
pco;itc Dy publishing 81 satch tat sh"tilu ~ 'ti nav
e.i and u report tic affair or South Eastern
Hsei which wa, obviously framed III the ma ural eN,
p-cstnn tnat - would br he'd strictly cunEdeMiI ana
Inns we cnn,lacunfiY ami quietly tam away from Us q"
Oh, ric ii aInuliG tic cY nations Ci'd/y is aNt!t'n
stf in "a Iu.ulc:, almost Ni-tcatCd. ihc7c WHO re-
nor, - me moral polt extended To tine cause OF iic
Imam los me presence IN liza lOrt Oi NcWIork DUNG
-, hrIa Hls..I meet Will gee gicTci ~ the In2Filon9
ai .c0urc.y winch La, been shown 70 the bet lfrh1
VI Tho Eatiou '-N'
1G.lsli Aug. J., $50.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18
CRIMINAL NOTES.

James Mulycy. who was implicated with Polio
n brutal assault. CA 40 gls III tr ..a' ,
- .-I, . a. ~ ii.,~l a. l. a. $1,000 Ni.a NulseJ AID
III uInl. .rIy u Iro ~ D. coming lia h"iuSn"h
At the Washington Place Police Court yrslcr ny
T,auk IIud.on held for stealing Watr "oiA 80 'h
the Store % il. {. Arhii&-, az "" - Nirr! 81 ~ ,
,u-u- med i,r Il ealing 'irSa luM MIL" hi-i %
No i Iirccst--t Henry tor-.s va ,"lt Ter Hirt
$50 woi, cOGee from the barge Venus the properly "i
IaId d Eord.
At the Torba Police Court yesterday tte
bail o. Garment Pr. ch'rsrd '" eiei t'
AZ No al Ncstry It,, H. company VITA ~" rF men "or
lame .c AID si ais iU ""' h"i s..- Va
f.rd ~ O. 0Or by IiC Iuf Join Ec'cArl ms
~ ,br lL. fff J,g1nf preferred 81 arat e. ti.rtHi
,rcr iiu Nn 9. o.unoIs. who c-f - ih' rrI'y
,,f Simmons WAS htid ~ = ,h ~
Inirrs ConuOIs tctecod - picking n" pctfl - N-iN
small %, So Lf,adVay. VI" Pj nod, anu uo : .
slD.cu Was secured vas d ,aiacd ~ $1,000 Jail
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18
AN UNFAvORABIE VIEW OF THE EXHIBIT.
L. T..i h,ia


SIR The exhibit of the affairs of Duncan,
sherman e. Co. is evidently very untrlStWorthy'
Making their Indebtedness thrce-quarter' OF a
million greater than they stated il to be day rtwo ago.
il yet fails % give more than an approximate TO ther
real condition.
The list of creditors is very incorrect have just
heard of five omissions from the list. and believe that
instead OF five there 100 claims not represented
OF deDositors and foreign note purchasers me Sl oi
assets Is given absolute assets, when every one
familiar with bar kim and stock operations knows tbat
vcry many OF the bonds and :ocks may ~ DufOViic
with cauAs which will remove them ont o TIE ASSET IS
The same Of real estate named Nor Is II Impossible WA
the List VI nome notes ssEcd is gio2ty und,Islttu IL
would not be surprising hear that the amount Is nearer
two million dollars than WY 90 50 DtcNt' II
may be a Ecd because there need IN the blslcaS "
thai amount 20 keep the firm aaoat during the last Elk
months and their resources Tor redemption,
louiatiom wore almost wholly wanting notes Wees"i ~
redeem notes. and !. u probable tbh Afctt hulho Ho
mentioned ia the cXLb, are 10" ia nc Ean1a OF lllN".
call for 90 hhoe Oi seaiNh AMI INVESTIGATION even
tI.,,.,, Tu6.e sbi,In.u may dissent. ARGUS.
N,r lyi'L. Il, 1870.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18

wrongdoer. with the preliminary remedy Afforded OF
directly revcwinS the proceeding acco,s "a" az
method and before the tribunal provided py e laws oI
the Governments under whose authority tho prcceeuhs
takes place There is sound principle upon when te
property Of n person or corporation which piacen III
The hands OF receiver by court Of Justice Tor the pur
pose of suit pending IN such court can be regsroa ~
being thereby rendered exempt from the operation VI
the tax Laws ~ the Government within whose 1u'is
dicon such property ia situated 80 iar ~ az nI
pcars the warrants in the hands OF thr YAK COY
icctors are regular on their faces, and the tax COZ
lcctors acting therennder tn good rain n ue
tanres this Court would not hold the collectors I" ne
guilty OF contempt Of this Court for leFys on d9
ro,ry OF the CORPORATION to satisfy the taxes Specrd
in the warrants That being so. this Coult WIZ no. u,
dertake to determine aihdavits ana ID colia.ei'
suit the questions raised TO the lrrcSisiles aiecu
10 have existed In the assessment OF the nht OF W
enoin the collectors from executing thc wars'1
The applications injnnctions must d. uehiou' III"
the temporary iujunctions must he dissolved 49, -
Ashbel Green appeared for inc re9overs 1G,n II
W Virgins Amos q. Hull. A. {. NoylnS, H. Is KIN IL
~ Sheldon, and Stewart Read for tn' TAX coec'ors
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18
nrp1.rY CONTROLLER EARLE,s AssALANT

The application to release James a. DUny'
the man who attacked and threatened to shoot Deputy
Controller Earle, to have been heard yesterday De-
fore Judge Tappcn in Supreme Court Chambers Ii'
couiseI a. H. ruIty, claiming that under the iWoed "a"
cl,icn Duffy should he released until it WAC crciGcd
vL'.thcr M. sentence was lawful, aud whether
nc wgs not lunatic. judge Ia,w'n refused T."
her lie mot nn as Mr. Earle was Lis relative, ana ire
rtrr crane ~ hin Tie Spiiit though not BE letter ~
the 9,y forbddnc him 20 pear wo"H' ~ suci cases IL
was tbpre lorc adj iurrcd until Monday next
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18
TIE sTAPLETON LANDING DIFFICULTY

The New-York and Staten Island Ferry COM
pany. through the AttorneyGeneral' mas ooacu 'u'"
judge Joseph J.. Barnard an injunction against inc
Staten Island Railway Company, preventing TIE p'er
from driving spes SapletoD Landing staten Isiahd
This suit is sequel the earlier suit brought ny the
peope against the real plaintiffs in this suit In the rS
suit the Staten Island Railway Company claimed hai lis
landing place was pier and the Ferry Company WAS
building | Ter immediately adjoining H. ih'oheu '"r
aid of the people prevent the building OF any wharf
within 90 feet their pier In that SUIT an injunction
was obtained agans the real plaintiffs in this SUIT bu
was dissolved Railway Company HAVING consented
that the extreme end of the nier of wicn tieN com
planned should be fitted up for the benefit oil tho new
York Yacht Club. -. =.
Erinr Tins defeated. the Railway Company began 10
drive sncs at the end of its water ne adiOhis lhe
Ferry CmpanyS wharf on the south ana also ~ lhe
end OF its water line plot own"d by ne lIA May
Co,rnany Forth Of the Ferry Companys WHAT; me
Eailv-,v Company's wharf il completed, wouih ioaVr
only yfoot entrance on the north side 81 i,iG fery
Cnnpanv's wharf. and none N all on tn south sde ~
Is against this work of The Railroad Company that 'hr
Ferry Company ny0cs the law. which Wa Ieilen upon
in tho first suit h. tha Railroad Com faiy ina Pi9 si
not bc built within 100 feel of cdch other III this si'
Nelson d Cook" appear for planl, ana Juiiih Di'''
for the Railway Company, defendant.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18
Business Cbancss.
PRACTICAL MAN is DESTROYS of maxim g

A PRACTICAL MAN is DESTROYS of maxim g
aTanremcnts with reliable Eastern whisky Firm they b
furnish the capital for the MANUFACTURE Of Kentucky
straight, Two amp Goods such Alcohol Cologne French
and Rec,iael Spirits and Coppcrdsci bourbon and rye
Whskies The advertiser all bonds required r
operating and wsrohousng IA Thoroughly conyerant with the
revenue lava and give best references as 70 ability
&c; all communications confidential Address T. WOOD
RUFF IL and 20 East piks-B' Coving'on. KY
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18
civil. MOTIFS.

In the United States District Court, ycstoF-
day in TIE matter OF Edward g. Con''"ck'a biuhinp''
Jur Eiachrord decided thai when bankrupt goes ont
~ ~ Dsirir IN which rrococdngs against him were
bean and then petitions TIE Court IN tTi tTct i"r a
dsrlnrao In H. nGrIptay he lay take tac ctn Of " cor
tnrn,i, h~r,r a Ee ,teg VI TIE District To which lie
In, zone ana pot Eo forced 20 return d lake sdch oa'h
before ,he Register having charge OF lis case
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18
THOMAS c. FIELDs's REAL ESTATE.

In two Saits by the Mutual Life Insurance
Cooany Ia forccosc MORTGAGES on property s.andns in
t,c name Of Thomas G. Fields judge Tappen, slin IN
Supreme Court Chambers, yesterday grant orders Oh
reference TO William p Dixon to ascertain e amount
duc on motion of Turner. Kirkland Met IRE. ihe
,ro,,orv il eat on the Boulevard near O1e-s undre'
a. ;nrtictst and the mortgages are Tor S--'OoJ ana
$4,000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18
COMMENTS on THE As>IGNEE'S STATEMENT.

-, o,,,, . ....,,,>,,,r,,o, n, .,r,4,-l,s-T
COMNhAIH oN IHh
iHt fAhhIf 0.Nh'AiA-4 '''''''' ~ "
AblA-NAlCk o. sioeN'' "'"'''' AN NJ
ESTATE PROBABLY UNDAi'E'IlMAIhD - ~
siaNEi's BOND 10 DE FILED or THURSDAY.
Tt, .+..,.,,o,+ &c naucou Sherman & Co. :
a. o.. -, Non5ov IL, JUise Shipnan. The rs t1iec.
.,.., ~, o. ill.,. st,aaf =, to he VIEW favorable
e,hili. tiuicr the circumstances. Nrorter of THE
TIN, 81 ,,ycs FL yes eIday with several oad,u- bank
.-sasto IA. sat mont arG tn, probable values of the
stoc. , aud real e. tate mentioned IL the schedules
n, assct.
All .-..ed that the e,tInaf Il market Values were
,rd. ,t, man over III. aetna! worth OF the sccurites
Awe!l known broker, faili.: with the merke, quota
tons O, rAc stocks stated that to force them On the
mario IN the present dGu times, would neccs-
sar.ly c.u,e ruiaOlo sacliGcc, which lie Cli
not L,iicye the creditors OF TIC bankrupt
firm woi.d permit Nanyof re securities we've Of class
known pI.rat" stor!a. tie Va.ue o! wien "'co &c
pend Oh ,iI-1u stances no' hn'"h % the S'H''u u'
Tsiin- no mcnt az whole Cri comparing t"e eStF
rnates yc' @ scc- known with the figures sci AGAINST
~ nan, ;d on the regular Ii.ts 1t was reasonable TO
suppo-o that the ass~rce had endeaVore' 90 maze
truthful statement OF the value OF inc ''c"cS WIZ"
haI '''' 49," -, 49,. ,'.,,,,toyv .a,c g.. pr.,a,,y
boi" ~ '.' ' ~ 80. ..,4., h- ,h.
onc-h.A tie estimated market N"uo s'-'ee - '-''
,.s.rlga E was ncycrihrc truc thai, by careful hahd
I'm v-v lae sum could be realized in some instances
much gre1'e Than the prices r'c'''on' IL '' a''.
clnen. n he sou ht by the firm must be 10 gan umc %
..,c s ,leir securities al the best advantage and 10
niN''-' w '''-i ''' -. - . I.,,.-,,,
collect their Outstanding ueo'S' pe''o'' 40 "'f
concern pro, erbiay slow i'll Their setuehohs ana
-, o. ,,Cfo,. ,,qr,,.rts for many mouths
uA'-i'''' - 80. - o,.., i,,,,-;.s 80
prominent banner in 'i'"V' W 49,,
20 The c staten eit. replied that the nrics were
-, 49,. a.. o,,,,f t,,,u VI. cxDec:eI but would dis
HUM '"''' !" " .;,... iii, 10
appoint tn outside puDhc VINO NoIc hOI Iai WIN ZIG
,na-,,o,.. n, Wol-st and could not comprehend how
-. ILL ,,,tt .,y.v il, vufort,u,,t,
quickly .iiee 'oi '4Hee 0o"'' NJ ' " -, -
fl-
1ie,cui, r said 10 tx value tie stocks and secur
,, a., nod raa tho attn, e, mt and had COM, TO the
ees' NV GO ia - -, -, - .,oe.s
coDclua"A 'Lat 'he dssia'0c9 "N"''' W." "
mate The statement wa, n"i altogether s'eiac'oF IL
-, ,, , .cc,rrt f,r the loss Of nearly 5000 900
h", " "' az -. - a.. A., rho t.,o.i,ors
OF the ='.oVO"VO lntinstc" 10 '1c i'Hi INV =" i"'.'
and others interested naturally nqurinS now This
-. T., ,.,,,o ., no made Had II occurred he asked
Si''' IV'' '-'"' W 80, .. -,
from sh.inlaGo IN values OF STOCKS anu sccre' Oou9n
n, r,~t, c,od times with ordinary prudent brsin
" -. ,,,ob s,hsoorentIv dcprocjat~d and were
'"ah''o ih'i'' VIM" S 49, - -. g.. ,o,,,,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-18

CgI-e,gc Cogrf-C bqmIers-Yv .IrdCc T,prpu-
Bs,ragt On crt ana ano oefeta. wamt "a b1irN
the G. .. -,irI .
y,iui. cc hav,ns pintids h'uiy Judgement ~
iA.llyl ihi the Isnt rot wei foaH',i IL ',d,.od .
10 ss -0u ~. ho 'mer ir eIs.p lsceli.,,i
All tc Injunction caiuG' Dee continued rbtin Lr d $40
oosLs. oohu..t I5t R4.Dcf. Notion denied, 10 costs.