The New York herald., 1877-11-03
BUSINESS TROUBLES.
yAY coULD's RAIsE--oPENINa RICH BONANZA
FOR THE LAwYERA

yAY GoULD's RAISE-oPENING RICH BONANZA
FOR THE LAwYERs
Messrs. Berry 4 Heser, BANKERS and brokers'
formerly ut the corner OF Broadway and Wall street.
who were thrown into bankruptcy by their creditors
in September. owing S3l0,0 900, made application N
Register Fitch tor their discharge from bankruptcy
and the came up yesterday ordcr tor the
creditors to show why their application should
not be granted and tho bankrupts be discharged.
Neither the assignee tho bankrupts were present,
but Mr. Richard StacKpole counsel appeared for thu
latter and asked for adjournment the ground
that tho papers In readiness Mr.. Snearman,
OF Shearman q Sterling aud Mr. Albert g. Aubery VINO
acted as counsel for Jay Gould, against whom tho
bankrupts recently obtained judgment for
SAL SOL TO- presented o claim the part OF Mr..
Could for 1922 800 81 over and above the amount OF
the Judgment. Counsel on behalf Of Mr. Gould also
objected to a number OF claims proved against the
estate anu demanded re-examnaton OF tho claims.
These claims follows:-Importers and Traaers'
National Bank, $24,S94 IS; J.. f. undcrhill Co..
a. s36 So Ninth National Bank, 81 osS o9 Ora How.
W berry, sG 2e9 20; Oswn o'Bren, Sl,oSs Of;
Rockville National Bank, $4,Sl9 10 IL was
urged by counsel Tor tho Dankrupls that Mr. Goulas
claim should be adJudicatcd upon In Regster'i
Court out properly before Inc S.a.e wour. hegis.ei
are-examination oil all the objected Claims Furthsl
proceedings the application Tor the discharge OF the
bankrups were by mutual CONSENT adjourned tor I'VE
weeks Tne nvcsligaliOn OF the claims Will 10 pro-
ceeded with immediately, commencing with the Ninth
National Banks caIn and will DC consumed from day
10 day until concluded. AOlc counsel have been
gagged on long ana bitter hght IL antic-
ipued Register Fitch snid III conversatlon, that thd
testimony in the matter OF ro-examning the contested
claims would probably ill more than a thousand legal
foos he would not DO surprised but that the en-.
tire matter would eventually De carried up 70 the
United States Supreme Court, AZ washington.
MIsFOKTUNES
Michael Ash, wholesale clothing manu1acturcr a. Nos.
1S3 Church street. who has made an assignment iort
the benefit oil his creditors 10 Mr. Frederick Lewis,
has business iur tho past twenty eight years
and had u nigh business reputation. Heavy losses by
depreciation in stock bad uebts forced hm
make the assignment which was entirely unexpected
HIS liabilities amount to about S60 0OO nenalf of
which merchandise debts and the balance conf
dental debts, money loaned ~ his immediate friends
Mr.. Lewis SAID yesterday thut he could not give
OF the value oi the assets until hc had completed
tho inventory vi stock which he was taking and The
book had beeu written UP He believed u to
bs honorable aiurc, and a tho creditors VINO had
called had expressed themselves satisfied. AS soon ~
he had finished the accounts Mr.. Lewis said, he would
cal meeting OF tho credltors submit statement
them and get their Vows as 70 tho further manage
me mt of the busincss.
Nathan Houtman, tailor of No. Clinton place, who
failed August last with Liabilities amounting TO ovcr
ST. OO0 applied TO Register Dayton yesterday tor his
discharge from bankruptcy Several creditors OBJ
eclod his discharge and tho usual time was allowed
which flo spcchcaons giving their objections.
A meeting OF the creditors OF Hiram H. Durkee,
dealer cooperage Stocks No. 92 Pearl street, was
held yesterday at tho office oil Register Day on. the
es of debts presented ed liabilities
Ing TO $l4O oou d,s,ributed among largo number Of
creditors. Only fourteen creditors proved thor
Inns, which aggregated about $22 000 The following
beng the largest:-hale Shaw, OF Buffalo, $500;
NJ L. O'Donncl, ST. 905 81; Joscph Ho0son, VI Sacov
Nc, ST. lO2 O5; john Augusln, $66l 10; G. b. Lock-
wood u Co, $lO54 o. Mr.. Henry Il. Hough waa
elected assignee IN bankruptcy.
Tho of Provost s. Haines, formerly propris
vi the Newburg Woollen Mills, met yesterday nj
the office Of Register Little in pursuance o the pro.
visions oil the Bankrupt act, ami elected Mr.. John
Mullord assignee III bankruptcy. Eleven claims, az
gregaling $685. H. ware proved, the principal
Deing the Ioowing:--Mary +. Haines, $5S, $40 A.;
Simon Haines, 81, 900; Edward J. Burgh, $780,
The Ropcrls Manufacturing Company, oi No. l68
Contre street. which manufactures principally rutes
and ruchngs has suspended and efforts being made
toward settlement, with every prospect OF success.
The liabilities are not large and will probably not
machinery, stock and book accounts, arc placed ut
about the samc figure Mr.. Il. w. Roberts been in
consultation with his creditors and all but two Of
thcm It Is said, have signed compromise, tho tcrms
of which sixty cents on the dollar IN ndorsed
Jour- SIX aud niue months. Mr.. Roberts lailed
about live years ago, whom ho was in business on
Broadway, near Canal street, and enabled 70
business by setting with hts creditors, who ac-
ccpted small percentage on ther claims.
There was died to-day, IN the Court OF Common
Pleas the assignment, with schedule annexed, OF
Charles Wilhems TO Fred SteiDs. The liaDilles ~.
stated at S0z92 S6 nominal assets At S. 044 - and
real assets NJ 81 ,936 Al.
In the County Clerks ollco there also filed ye,
tcrday the assignment Of George s. Woodward
Samuel J. Phelps, comprising the firm of Woodway
Phelps, 70 Samuel Quincy, and OF Noses Adlt
August Seligman.