The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-03-28
BUSINESS TROUBLES.

The failure OF Messrs. Albert Van Wrinkle Son. ship
chambers of No. 200 West street. announced yes
terday.
A. Burdett Smith has made an assignment TO Edward
II. Belts
Mcssrs II. B. Clanin Il Co., wilmerding, Hoguct &
Co.. Halgarten Co., Field, Morris Fenner, Mclean
4 Stotesbury, Hardt & Co. and T. oclbcrma1 & Co..
have filed petition before Judge Batchford, of the
United states District Court put Robert Mcdonald,
importer of aces, OF No. 1853 Broadway into involun-
tary bankruptcy Mr. McDonald's liabilities to home
creditors will amount TO about $40 000
The first meeting OF the creditors OF Messrs b. G.
Smith Jr, * Co, bankers OF No 20 Broad street. was
held yesterday, at the Office of Register Dayton. No.
322 Broadway, when the bankrupts liabilities
stated to be about $4,000. Tho only debts proven
were those of Felix Campbell, of Brooklyn, and T. W.
Fargo-the former being $50, POS 81, and the latter
s7l7 a. Mr.. John H. Patt, the official assignee, was
appointed assignee in this case.
IL the second meeting of creditors OF Messrs j. c.
Munson Co.. held yesterday at the Office of Register
Fitch, No. $40 broadway no opposition TO the COM
position which had been previously offered was en-
tered.
The FIRST meeting Of tho creditors OF John s.
Matthews, which was 10 have been held yesterday, at
the Office OF Register Allen, No. l52 Broadway,
adjourned until April TO- at twelve ~, at the same
place.
In the matter OF Obreight & Weld bankrupts the
examination which was 10 have taken place yesterday
before Register Williams, OF No Warren street,
adjourned for one week
John r. A. Power was formerly in the wholesale
liquor business in Newburg n. " but In 1873 he alb
seconded and until recently his creditors have not been
able to hear anything from him or realize anything
his Indebtedness 10 them. A few DAYS ago, however,
through his counsel, exJudge Cardozo, Power made
offer OF eight cents the dollar cash and meeting OF
his creditors called for yesterday before Register
Little OF No. Warren street Al tine meeting the
creditors required that Power should be present and
submit TO examination before they decided TO
accept the rolcred composition, and TO this end con-
cluded TO adjourn the meeting for one week TO enable
% Powers liabilities
will not exceed S25 600
A petition in Bankruptcy has been filed by John
Coar carpenter and builder OF No. 155 East seventy
fourth street His liabilities amount to $13 40l 81,
which are distributed among eighty eight creditors.
Messrs. Herman Bach, Isaac Aver and Moses Mehr-
BACH creditors Of Lewis Rcss, have petitioncd TO
throw him into bankruptcy. Tho claims of tho
pctltioning creditors amount to $4,000
Alexander Burgess has filed petition in bankruptcy
asking 40 be discharged IRON his liabilities which alp
pear the schedule 10 amount TO ST. 100000 while no
assets mentioned. From the extraordinary large
sum at which his indebtedness Is placed would be
naturally inferred that he was prominent merchant,
but his name docs not appear IN the city Directory
and his business is not stated in the schedule His
liabilities all due on Duncan Sherman Co IS
cep,ances which were either drawn TO his order or
that of George A. Lcctc. On investigation appears
that he ono Of the clerks OF the firm of Duncan
Sherman & Co, whose duty II was TO write tho
drafts for the firm Among tho holders Of the
drafts, gwen IN The schedule, are the follow
ing:-Bauk Of tho State OF New York, $4,000;
August belmont Co., $40 00o Fourth National Bank
$4,000; Greene Cranslon, Providence, S35, 600;
Providence National Bank, S35 0O0 Continental Bank,
$50 0o0 National Albany Exchange Bank, $4,000; Old
National Bank Of Providence So 900; Rhode Island
Hospital Trust Company, S25, OOO metropolitan Bank
$25 O00 r. A. Brown, So, COO; Bank OF the Republic
$40 OOO Phunix National Bank Of Providence $50 900;
Finh National Bank OF Providence, $1,000 Merchants
National Bank Of Providcncc $4,000; rradesmcns
National Bank, $4,000 Chatham National Bank,
So JO Wexford National Bank $4,000; Pacific
Rational Bank OF Nantucket, $40, 900; James Eddy,
$40 OOO Manufacturers National Bank Of Providence
$4,000 Smith owen, $40 600; First National Bank OF
stoningon Conn, SIC. 900; National Park Bank,
$40 600 Besides these there six banks which hold
SIS 600 each OF the drafts There also sixty-six
drafts OF $1,000 each and fourteen drafts OF $40 600
each OF which the holders are unknown.