The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-04
BUSINESS TROUBLES.

The failure OF f. l.. Heiser Il Co, note brokers, Of
No IS Wall street, announced the street yestcr-
day. The nrm OF Henry Heiscr's Sons was organized
in 1885, with cash capital Of $4,000 but in 1873 the
old firm dissolved and Mr.. f. l. Heiser and his brother
continued tho business under the firm name Of +.
i. Heser h Co. The present firm has never been
sidcrcd very strong Its liabilities will not exceed
$4,000
/. B. Levy Co., jewelers. Of No. 3o7 Broadway,
and Abraham Abrahams have mado assignments to
Henry ottenburg and Lewis Heyman, respectively, for
the bcncht Of their creditors
James L., Peter d. and Thomas T. pr.) sturgcs have
been adjudcacd bankrupts by Judge Batchord Of tho
United States District Court upon tho petition OF sew
eral of their creditors The has been referred
Register Allen. OF No. 152 Broadway.
At meeting OF the creditors OF Lloyd Stner, held
yesterday at the Office OF Register Ketchum, Bennett
Building there was no opposition offered 10 the dts
The nrst composition meeting OF the creditors OF
John Hcner, dealer in diamonds, was held yesterday,
ut the Office Of Register Isaac Dayton, No 322 Broad
way The bankrupt made an offer OF twenty cents on
the dollar which was accepted by majority Of those
present, making the composition binding
Steinhardt former lcssecs OF Irving hall, who made
Oder OF ton pcr cent cash. IN payment Of his share
OF the Trims debt, which offer was accepted by tho
creditors at thor meeting at Register Daytons occ
last week. the Court has entered the order confirming
the composition, and Il VIII DO paid 70 tho creditors
The meeting OF the creditors OF Ciews 4 ze,dlcr,
which was 10 have been held yesterday at Register
Kctchums Office TO show cause why Mr.. Zeider
should be discharged was adjourned until the 10th
inst on account oil the Dankrupts counsel not being
The lrst meeting OF the creditors or Mcssrs Harris,
Richmond Shafer, Wholesale clothicrs, OF No. $50
Broadway, will be held this afternoon at the Office OF
Register John Fitch, No. 345 Broadway The purpose
or the meeting viii be 10 prove debts and elect an
assignee.
will hc meeting of tho creditors OF MegsrH Har-
ris Jacob Pciscr 10 prove claims and elect an as.
signcc.
Shutc taiiors, OF No. 737 Sixth avenue, held yes
tcrday ut the onicc Of Register J. T. Williams No
eating about S15 Oo0 which the following the
iargcst:-J Adriance Bush. 81. 500; =. Van lngcn,
81 4s7 es; John H. Mccrockc, slsoo and n. D.
made and tho meeting adjourned until 10 morrow
at two +. NJ, at the same place
Tho Arm OF Avory Higgins, steam heating and vcn-
tatng apparatus at Nos Broad street and AL East
Tenth street, were recently adJudgcd bankrupts by
Co whose claim was a. $40 05 and Hunter, Keller K
Co., Jos 49, who assert that they comprise one.
fourth Of all tho creditors George Higgins, one Of
the partners subsequently took proceedings 10 have
the adjudication vacated stating In mis- adavit that
bankruptcy proceedings instgated by Avery, and
the petitioners hts personal friends Tho plan ho
alleged to put the arm into bankruptcy, and on
the sale OF tho estate have u purchased by friends at
small sum and then deliver the whole TO
and AVOID any settlement with him OF tho copartncr-
ship affairs Mr. Rlggins further avcrred
that there ut least other creditors hold
ing Chains Tor several thousand dollars, and denied
the Indebtedness claimed by johnson a. Co. and Hun
ter, Keller A Co. Judge Batchord has set aside and
ings Hereunder
Albert Van winklc Son, ship chambers at No. 2o5
West street. who failed last week, have offered 10
promise with their creditors At twenty cents tho
dollar, payable IN three, six and nine months time.
The failure OF Albert r. Flanders. dealer In china and
crockery ~arc at No. Lao Sixth avenue, Is announced
Tho liabilities are not large.
Recover French Of the Peoples Savings Bank, win
to-day begin the payment OF a dividend Of thirty
three and oncthrd per cent 10 all depostors whose
books have been balanced, at tho bank building
Of Third avenue and Twenty third street.