The New York herald., 1876-02-03
BUSINESS TROUBLES.

The affairs OF the firm OF Koehler Kuper, wholesale
liquor dealers, No. 81 Broadway, which suspended
recently and Of which Mr. Uriah Hermann, of No. 07
Pine street. appointed receiver have heen settled.
Mr. David H. Kochler assumes tho debts of the firm,
compromises at fifty the dollar and continues
the business Mr. Kupcr retiring from the firm. The
liabilities are estimated at about s1oo,tol
Mr. Thompson j. S. Flint, receiver OF the Peekskll
Iron Company has sold of the material at Peeks-
kill Suit has been commenced by the Philadelphia
and Reading Coal and Iron Company to set aside the
mortgages, which amount to Ss5oooo 1t is expected
that the case will bo settled this week after which tho
receiver viii proceed to Immediately wind up the affairs
OF the company
schuthcis & Mensng drugs No. 36 Water street
made an assignment yesterday TO Mr.. Ashbc p Fitch,
of No 90 Nassau street The Liabilities OF the firm will
probably amount TO $50 900; their nominal assets
much larger this sum, but the shrinEage values
will reduce them nearly half As the firm
tersvey engaged IN the importation OF mineral waters
and drugs from Germany a large proportion OF their
indebtedness Is held in Europe and soon as their
creditors be heard from IL is expected that avora-
bic arrangements will be made for compromise
The creditors OF SQuior Brothers. builders, met
Yesterday at the Office OF James " Dwight Register IN
bankruptcy No. Beckman street, and after proving
their CLAIMS Mr.. John H. Platt, OF No. 40 Wall street,
The creditors OF Mcssrs Charles Bellows & Co met
yesterday afternoon at the rooms Of the Vino and
Spirit Traders Society, No l25 Pear street. when Mr.
Bellows read statement OF the affairs of the firm,
which, he said, was not perfectly accurate but nearly
A correct would be presented the creditors
as soon as II could be made up Before reading the
statement Mr.. Bellows made few remarks, in which
be stated that his house was the successor OF that
Of Archibald Gracic CO., which was eSta0llsncd
In New York in 1925, and was the Oldest IN tue city.
He SAID that ten days ago hc was perfectly unaware
that suspension Of payment would be necessary, ana
attributed his misfortune 10 tho general debility OF
trade Everything he had personal and real, he de-
vered into The bands OF his eredI'o, sna nopeo tney
firm TO show that all tho dealings OF the house we're
strictly honorable. -.
The house M rcr balance sheet TO January 1874 with
probable changes 10 February L.
January l. total liabilities. si0l, $50 g8
or above due TO our own coIrespondents
Iesyinr home obligations. 93040 %
'err.SSS euc,ion Of value s2sle o.
a,hor good assets. 24O5l %
PROFIT and oss 40,2St 20
Suspended accounts. 2575 O.
Doubtful accounts. s.............,........ s,oJs 80
Jnd gment. ACKNOWLEDGEMENTS. c22o 2S
TO nav an Indebtedness of.............. I0i 500 Os
Snl,cct to probable chsngc " value OF debts
and merchandise without real and per.
sonal properly ofChares Rellows suhicc,
TO cucamb.ance on real estate, amount
log :.......:...:............. $3.50 81
Loans secured by p!cogc OF certificates OF
Mr John L. Bcecher toi Ives Ae.ch.r h 81 ,bsw ~
moved that committee Of three be appointed br The
chairman, Mr. G. Mex Lorscr, TO make an exaInina.
tlon OF the 1rns books asd report al an adlourned
meeting OF creGitors, TO be called when hc committee
are ready to report This motion was carried, and
Messrs. Boecher, Crooks tcf Ca@le Crooks fevnand
and souvenc ,oi y. de 3anz & Col were appointed 10
sorve on the committee.
The wei known nrw Of provision dealers, Hossrs T.
W. Bcardslcy Co. No lae Chambers street made an
Assignment yesterday 10 Barak C. Colos. A uKRALp
reporter called a the oics o. The nr 10 y 10 asrer
tain the cause Of TIC Hoatle but The gentleman whom
be saw stated that he preferred say Lotnuz Abvut
the matter, except that the creditors Will hold meet
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