New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-24
FINANCIAL TOPICS.

MEETING OF THE CREDITORS OF MANy MARSHALL
TIE CLAIM AGAINST DAVID DpWS& co. DECIDED
THE ENGLISH COMMITTEE OF ERIE BoSDHJLO-
TRs-MArrrIss or DISCUSSION wAIL-sT.
The creditors of the suspended firm OF Many
4 MARSHALL dealers in builders hardware az No. IL War
rc,st held a meeting yesterday at the office OF H. W.
Allen at No. 49, Broadway. for the purpose OF proving
their claims and clrcting assignee There were "a
creditors present who proved partnership debts Of tbe
firm u Many Marshall for merchandise amounting a
together to about 300 The unsecured debt', a. APP
near, hv the schedule OF liabilities. not numerous aud
are for small amounts.
Tie stock Of the Trenton Lock Company. or when Mr
Many wa treasurer. has been used largely as collateral
security in obtaining credit Claims 10 the amount OF
$4,000 appear arisng ont OF the use OF the hrih
name by Francis Many. who ndorsed with the rrin
name OF Many * Marshall for his own use In adi
ton to the above. Mr.. Manys indebtedness to Walter
RooIne 0. Red Bank " j. for money loaned on running
account since SOL is S27 900, and his individual laDi
ties on miscellaneous accounts foot up over @3"ooo
more The creditors elected Uriah c. Burnap Of the firm
Of Harding & Burnap OF No. 3lG Broadway, assignee.
In the ease of Bingham Brothers against David Do"s
{ Co.. which brought before the Arbitration Com
mttce OF the Produce Exchange week the details OF
which were published in yesterdays TRIBUNE, the Com
mtte have decided thar the grain was not good delv-
cry to Bingham Brothers. that they are not bound to
take the wheat and that David Bows co. na pay the
cost OF the arbraton-p-O
Tn her review of this case the Committee state that
tine first certificate the Grain Committee, pronouncing
the wheat in question good delivery on contract Is
construed 10 mean rlat lot the wheat was equal TO
fine description given the time OF sale The second Ger
tcate r. construed 10 mean That the wheat III question
yvaa moi eaual 10 the description by which IL was sold
and "A IL was yet within the three DAYS allowed buyers
known ne lay lays'-Bingham Brothers are Relieved
from the obligation TO provide for tie elevation OF tie
grain. or to receive the same
The Fngji.h Committee Of the Erie Railway bondhold
era consisting of Sir Edward watkins Sir Joseph Heron
and John Morris who have recently arrived IN ms con-
nv have heen it il stated by a gentleman wei ac-
ouainted with Erie affairs in close consultation with Re
ceiver ewet since saturday and they have decided to
Ieaye Ney-York either Wednesday evening or Thursday
morning for a trip over the Erie Railway when they
will m tke thorough inspection OF lis CONDITION. Ohui
mfr their return definite plan OF re0IS4Izao WI
be discussed. The Committee rTie1e ., 81
~ the sncks and bonds Of the Erie Railway COMPANY
TIE officers Of the Mechanics National Bank are SUI
in doubt about the genulneitss Oh tle 1u' :"
NewYOrk Central Railroad aD0nt whlch soie ''yuots
were raised at the time the iOrSrd ponas 81 M, %
mia and Oregon Railroad were dscoferel; ih.f dS
waiting FOR the NJ the Treasurer OF the NeW-irA
Central Railroad Company: ,, an, .o,.in,,,c =
schedule of the property Of the connerra WareD he
Company IN Havana, wntn va cnanv iii stiIi fn
ner DELAY hi- report OF the condition ia Which ne lohu
the Co,nuanys alirs at the time of his appointment
Mr. Bairi states that il viii be impossible To nave me
| report ready FOR several days yet ~, ... .
ate ye-ferlay afternoon IL was rrp0rte mat Two
email failures had occurred the stock Exchange ihe
names given were T. Ill. stevens anu j. W. bIpWh' out
he ,nno for which the gentlemen were SNORT Wa- nor
stated II was not enough however To nave any appre
ciable effect upon the Market ,,,.,, . ~. -.
The following assessments, additional 10 thOse re-
Gently published in The TRIBUNE nave Deen Iiae IN t
returns of the railway companies lnnrh "n 10 ~
aserrained upon Investigations made IN supervisor INV"
leys office: , ,,.n.o, AL INA
second Avenue street hafoad aa'oo9t 20
sxth Avennr street Railroad ----.- o. 10 %
AZ lon ~.I.gl