The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-02-18
BUSINESS TROUBLES.

Adele Heuman, dealer in fancy goods At No. l79
Eighth avenue, who recently made assignment TO
NJ Magnus, has gone into bankruptcy. There arc
seventy three creditors who have claims amounting 70
about $40 900, the principal being S. j. Rosenthal
whose claim Is for s. 272 Her assets estimated
al about $4,000.
petition in bankruptcy has been fled by Jacob n.
McIntre. attorney in patent matters, OF No. S2t
Broadway His liabilities amount 10 about SIS 900, dis
tributed among thrty-seven creditors. Among the
largest creditors are the following Arthur l. McIn-
tire, Jr s., $50; Abbey G. Allen s2,075; Robert W.
Bassett, 81 900: Joseph Bumenthal, 81, 2o2 49, His
assets are merely nominal
In relation to the affairs OF F. A. Packer 4 Co., f. B.
Ely Co. and Braman & HartweIl, coal commission
Dealers OF No. III Broadway Mr. Packer stated yester
day that definite proposition for compromise with
their creditors could be made until full information OF
the affairs Of S. r. Smith Co, OF New Haven, is OBJ
tanned Al meeting OF the creditors Of the latter firm
In New Haven, Wednesday, committee was ap
pointed to investigate the and to report at
future meeting Untn then the matter will remain in
allegiance.
A meeting Of the creditors OF James schliesser.
ewelry. of No IL Maiden lane was held yesterday at
the National Hotel Mr. schhesser submitted state
ment of his affairs showing that while his liabilities
amounted to $34 900 he had assets valued at $50 0O0
and he asked an extension OF from three to eighteen
months pay 100 cents the dollar. The creditors
expressed the greatest confidence and unanimously
cepted the conditions granting an extension. Messrs
A. Limberger s. Blackinton and f. F. Dorrance were
appointed a committee examine the accounts, &C.
The committee subsequently visited the store and on
examining the affairs found that they we're oven moro
favorable than MT Schnesser had supposed, and were
highly satisfied with the result
A meeting OF tho creditors Of Ross Smith, dealers
in tea and coffee called yesterday before Register
Ketchum, at No l29 Fulton street. on an application
for discharge Theodore Ross NO creditor OPP
posed the discharge and 1t will accordingly be granted
II will be remembered that James Griffin, wholesale
and retail dealer boots and shoes OF No 81 Warren
street. and Eighth avenue, went into bankruptcy early
In November last aud at the first composition meeting
of creditors held November TO- the offer OF twenty
five the dollar was accepted by them The
assets of Mr.. Griffin put into the hands OF re-
cever by January of this year, 80 large were tho
expenses during the interim 1t was found i'm
possible pay the twenty-five per cent, and another
offer Of twenty cents only had 70 De extended Inc
second composition meeting was held on wednesday
last before Register Dwight OF No Beekman street.
when large majority Of the creditors agreed TO take
tho twenty per cent offered But one or TWO OF them
took exception the aud will carry the case "a
the United States District Court.
Tho second composition meeting OF the creditors OF
Messrs Krauskop Gunsen dealers in hosiery, OF No.
2S3 Broadway, hid yesterday at the onico OF
Register Dwight whdn the previous acceptance oil
| twenty-five cents on the dollar was confirmed. The
nsolvent firms liabilities are $23 1888, and lis assets
$4,000, Among the larger creditors are:-E W sad
Ter. 81, Oo5; Edmund Yard, Jr., Co., 81, $780, NJ
Shottuck, 81, 800; A. Friedman Co., 81, $780, Amer.
can suspender Company, $l,l4l, and s. Krauskopf
|
The following insovent schedules filed in the
! Court OF Common Pleas yesterday:
William Writer'S; liabilities, $1l,9lS Is; nominal
assets 756 So actual assets, $4,000 Bond ordered
In the OF s., 900.
| Abraham Hecht and Meyer Newman; Liabilities,
$50 623 nominal assets $4 1885, actual assets SIS lS3
! Bond ordered in the sum of $40, 600
Otto Henshel; liabilities, $3.50 nominal assets,
S04 actual assets, 81 243 Bond ordered In the sum
| of So 600
| The hearing OF George e. Phelan, manufacturer OF
billiard tables OF No Barclay street. TO show cause
| for m sci W
before Register Dwight His liabilities Sal 207 49,
, $40 23s II Of which is secured His assets cs-
mated at $40, 10t AS
The creditors Of Jeremiah L. Smith, contractor
who failed ago, held meeting yesterday at
| the Office of Register Dayton No 80 Broadway, and
strongly opposed his discharge The reason Tor their
| opposition not made public