The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-09

Mossra Edward W. wclcke 4 Bro. have made an
assignment 10 John b. Pannes for the benefit Of their
creditors.
The sheriff has seized the property OF Messra
Schappcrt Schlachter. bankers No. 20 Second ave-
nue., to satisfy judgment OF $1,000 This arm IL one
that would be considered good ordinary times, as
there Is little doubt that their assets largely ex
coed their liabilities. Unfortunately, however, their
capital Is locked up in real estate and iron mining
spccuiatons. they formerly builders, and have
boon in tho banking business only about four years
They Interested in the Hereford Steel and Iron
Company, OF Bcrks county, Pennsylvania, and are
known to have built an IRON furnace worth $50 600
IL thought that their liabilities will not exceed
$35 000 which Is deposits received for which they
agreed 10 pay comparatively high rates of interest
Yesterday was set down Tor the examination OF Mr.
W. W. Sherman, OF Duncan, Sherman Co., bank
rupts, al the ONCE OF Register Ketchum, Bennett
building. Mr.. sherman was hand at the appointed
hour, but as the examining counsel did not put in an
appearance within the usual hall hours grace the
Register adjourned the matter
In the matter OF Messra L. J. Phillips Willis Co.,
bankrupts, the first meeting Of the creditors was 10
have taken place yesterday before Register hctohum
TO prove claims and elect an assignee. About ffty
claims have been proven before other registers and
were handed In to Register Ketchum yesterday: but.
~ they had been examined by the latter or fled
the meeting was adjourned until April II, when the
election OF an assignee VIII take place.
Tho first composition meeting OF the creditors Of
Mcssrs Fairfield II Trask produce commission mer.
chants OF No $50 Chambers street. was held yester-
Gay ~ the ONCE OIL Register Fitch, No. 3&5 Broad.
way small number OF creditors In attendance
Yhe bankrupt nrm offered composition OF twenty
ocnts on the doar-ten conts cash and cents Sc
cprod-which seemed agreeable to majority Of those
pfesen. put without taking any definite aston the
injecting was adjourned
The meeting Of tho creditors OF Messrs Strong A.
iloiiard which was 10 havese held yesterday before
Mcgister Ketchum, to show cause WHY the bankrupts
Should not be discharged, was adjourned for four
weeks "
The following meetings are announced to take place
tomorrow r
Az the Office of Register H. w. Allen. No 152 Broad
way AZ eleven O'Clock A. NJ, meeting OF tho cred
itors OF Marvin r. Pcarsail, show cause why the
pankrupt should not be discharged; ut II O'Clock M
second meeting OF tho creditors OF Vyse Co. dealers
p straw goods, OF No. 537 Broadway for the dccIara
100 Of nrss dividend by the assignee: also at twelve
O'Clock NJ, nrst meeting OF tho creditors OF John s
O'clock IL, $50 nsestns = the o. csra
D. Wooiworth 10 prove claims ana elect an assignee
I Al the Office OF Register Edgar Ketchum, Bennett
building at twelve o'clock H., nrst meeting Of the
elect an assignee two o'clock p. NJ. meeting OF the
creditors Of Dodge Co. to show why the bank
upls should not be discharged; also meeting Of the
creditors Of Ross Smith for the declaration Of divi
dend by the assignee.
AI the ONCE OF Register Isaac Dayton, No 322 Broad
wy First meeting OF the creditors Of samuel Shuster
I'd prove claims and elect assignee also first meet
g ofthe creditors Of l. 4 j. A. Josephs to prove debts
AID elect an assignee.
kt the ofnee OF Register John Fitch, No. 345 Broad
Why, at eleven O'Clock A. NJ, the second composition
Of the creditors Of David G. Watson to confirm
pose the conposition previously offered.