The New York herald., 1876-02-05
BUSINESS EMBARRASSMENTS.

The failure OF Mr.. B. Hochstader, OF No. 9S Grand
street. dealer in rufnings announced yesterday.
Messrs Rogers. White b Co., dealers teas coffees,
&c, OF No a. West Broadway have made assign
ment to Thomas N. Clark The general depression of
business has been having serious effect the firm
since last October.
William H. Leach has assigned to T. K. Marcy.
A meeting OF the creditors of John J. Ferden took
place yesterday the office Of John Fitch Register
Bankruptcy, No. S45 Broadway. Judge sias D. Clifford
of wes>Chester county, appointed assignee, and
the following creditors proved their claims to the
amounts entoned-Charles s. Glover, Sill 518 10;
Westchester Insurance Company So 50o Scholes
Brothers So 900; Peter Foge 81 1O3 AZ John A Mer-
ritt 81, IT'S 60 Thomas Wheeler, 81, 344 O5.
The first meeting of the creditors of Messrs Reuck
Bruen, fruit Dealers Of No. 1S4 Washington street,
whose failure announced in the HERALD several
weeks ago, held yesterday at the Office OF Register
Bankruptcy Williams, No. Warren street. 1t was
stated that their liabilities amounted 10 $12, 900,
with assets to the amount Of So, ss3 num-
Der OF creditors, principally from the country,
proved their claims and the meeting was adjourned
until next Tuesday.
The creditors of the well known produce commission
firm Of J. W. Bcardsey Co., of No. 1876 Chambers
yesterday afternoon, with Mr.. Barak G. Coles, the
signee presiding Mr. Coles read the following state
ns %In' assets 'sS 500 49, aoiss r.
to be deducted from the nominal as
sets as unavailable, bad and doubtful accounts
$25 1857 3s, which reduces the available to
bties.
There is also large amount Of real estate belonging
10 the members of the 1rm amounting in the aggre-
gate to $7l 000 which is mortgaged the extent Of
$685. All the taxes assessments and interests due
ON the real estate are paid up to the present time
The assigene then stated that the firm will give fair
notice OF fifty cents on the dollar at four eight and
twelve months security. One OF the creditors
pressed his opinion that such proposition would not
meet with favor at the hands OF the creditors and
thought that it would be better TO wind up the affairs
OF the firm. The trm was willing TO place the real
estate In the hands of trustees security for the
notes Mr.. G. +. Gregory moved that three trus-
tees be appointed 70 take charge OF the real
estate and that the business of the firm
be at once settled as he did not think there any
chance for them to 60 on Counsel Tor the assignee
stated that, he understood the assignment 1t
assignment of the firm and OF each and every member
OF the hrm and he did not see that IL possible for
the creditors TO appoint trustees under the law. Mr.
Gregory consented to this statement and altered his
resolution that IL would read ito appoint advis-
ory committee to confer with the assignee relation
to the real estate which is all situated in New Jersey
and principally in Newark. This resolution, TO wind
up the business of the frm adopted and Messrs.
elected rs the advisory committee.
Five creditors of David Solinger dry goods dealer at
throw him into bankruptcy His liabilities amount to
$40 los II, nominal assets $12 677 81 and assets
s6,os1 o6 II. b. Clafn Co. have claim for
$36 els 64 and Carroll q Amerman for 81 034 ~
Register Henry W. Allen, OF No. 152 Broadway, has
been assigned 10 take charge of the proceedings
Minzcsheimer Lndhem Co, importers and deal
millinery goods at No 534 Broadway have been
thrown into bankruptcy at the instance of twenty
three Of their creditors whose claims aggregate $27 000
Among the largest creditors are the following:-
Strange Brother 81, 329 49, Moriot h Stettheimer,
81, ,s67 81; Alfonso Co., 81, $685. Vred. Butterleld,
ST. 7S9 20; Marx, Held Co., ST. us; s II. Beeckman
4 Co, 81, FAC 0s; Mas & We'll, 81, 1853 OS; Kobbe l.
Bankruptcy proceedings have been commenced
against the irm OF James Turner Co., dealers in oil,
at No 70 Cortland. street The petitoning creditors
and Mary 5. ZabrisKie, who has claims for 81 960.