The New York herald., 1876-03-24
BUSINESS TROUBLES.

The adjourned frst meeting of the creditors or
hcssrs H. A. Philip Co., paper dealers No. LOT
Reado street. held yesterday at the office of Regis
J. 7. Williams No Warren street. Tho liabilities OF
the bankrupt firm were stated to be about $40 900,
and the claims 70 the extent Of about $50 COO were
proven Among the latter the largest follows
Franklin E. James, $4,000; Sergeant & Hunt
50. $50 0o NJ A. Taylor, $4,369 33; Moses D. Buchan-
nan, So 37o 49 Norman Hubbard, 81, ,642 AZ; Philip
Metz Son, 81, 40 24 c. Bissel ST. 12e S. and John
Nuriagh, of Albany, s1,ol5 H. Mr.. Joseph R. Ser
gcant OF No 66 william street. was unanimously
elected assignee
The examination in the matter of James Wilson,
dealer IN real estate bankrupt, Is being continued be-
lore Register Williams
BENJAMIN Boomingdale has assigned to Lyman G.
Bloomingdale, and Francis Johnsone Lemuel II. Sil-
ershoim and Edward f. Penzest have made an assign
ment 10 Alvin Burt Nessrs. Johnstone SilersneI M
aud Penzest compose the firm of i. tombstone Co.,
which do an importing business at No 3l2 Broadway
This 1rm embarrassed by Jay Cooke Il Co Is fail
ure IN 1873 20 such an extent to il TO
pend, but It ultimately paid 100 cents tho dollar.
debedness Is thought TO be about $50 000 all of which
Is owed to foreign creditors The house is one OF good
standing and popular one, and Will probably make q
satisfactory arrangement with its creditors.
receiver has been appointed to take charge OF the
business Affairs OF Messrs Wettstein oehninger &
Co. importers OF silks of No AGO Broome street. Like
that OF Johnstonc Co, the creditors OF Wettsein,
Ochninger a 20. are almost all foreign. Mr. Ochninger
manages branch Of tho house in Paris The failure Is
TO be attributable TO the depreciation in prices Of
silks in this country the honse having recently lost
heavily through the low prices realized at the auction
aos % the article II understood that tho liabli-
tes will be heavy though nothing definite could DO
ascerlau ned yesterday. The firm is preparing state
mcnt which, Il Is thought will soon be ready for In
slecion by the creditors
Ths arst meeting the creditors of John Carey was
tailed for yesterday at the Office OF Register John
Filch, No 3l5 Broadway. william T. Knapp the
only creditor who proved his debt, and he elected
TIE election Of an assignee OF the estate of George
r Porter insurance agent. which 10 hav been
done AZ the meeting OF the bankrupt's creditors yes
terday, was postponed
, Warren Grecnc, No. Broad street, has issued
notice 70 ne creditors OF the Household Publishing
Company, % No Al Park row, OF his appointment as
receiver on the application Of Abraham Bcnrmo The
,aoiss q ,he company am1sn' o 70 aOcut and
tue nb.cr ptou lists plates and advertising contracts
OF the fiinsfrafsd Household Magazine and Voodr
ffaaaehad Magazine. which estimated to be worth
gibOOo Tbe principal cause OF the company's embar,
rassmcnt 10 tts inability collect money duo from adj
many q whom have given their notes. which
they allowed 20 60 90 protest
Receiver Isaac v. French, Of the late PEOPLES Saw.
inen Bank, corner OF Ihrd avenue and Twenty. third
street h.s called general meeting Of the creditors,
40 bc held a. the bank on Thursday March 30
dvaend wll 'hen Be announced, payable on and after
me weodvsrd Steam Pump Manufacturing COM
pany of 10 - centre street. which made an assign
fneni two weeks ago 20 William T. Francis has snb.
mtted proposition 20 the creditorr for coInpromise
Ihe oher . % pay r alltcn per cent cash and the
hAAAce ~ I'VE, thrce, four and Ave years time The
creaitors have appointed a committee Of which Mr.
honfe ~ CHAIRMAN. 20 examine the affairs OF tho com
p,ny ~ A. meeting 20 be held IN the course
81 week The company received an extension nom
~ creiiiors year aso. and is unable 20 meet
iia ndsbledness
TIE sale q the enslre property Of the defu.e Third
% Aprl !. by Receiver Hurd The property embraces
Nc eank building a. the corner Of Third aveAea and
CONTINUED on NINTH PAGRl