The New York herald., 1877-11-22
BUSINESS TROUBLES.

Zacharas Stern, Emanuel Stern aud Samuel A. Beck
hard, composing the arm OF T. Stern Co., shirt
nuiacturers at No 10 White street and at Nos 10
to ia Washington street, Boston, have filed voun-
tary petition in bankruptcy before Register Dwight
Thor failure is theS heaviest the shirt trade
several years past and has caused much surprise.
Their liabilities amount to about $50 000 nearly all
OF which due New York houses only 81, 500 be-
ing held by Boston creditors There ls2 creditors
in all or which the largest tho following -Hig-
gins COBB l. Co., OF Baltimore. $1l, ,245; II. b. Ca1In
& Co., $4,676 43; Hicks Stewart Rosenberg,
So, ,304 30 Markwlz L. Price, $3 025 So; Chase, Bar
toiow Co.. $2. 49s Al, J. l. Bremen, Brother Il Co. /,
So 4Ol a.; James Talcol,, So l54 5$. Incluled IN
their liabilities are lndorsed nocs Tor about 49, l50
and accommodation paper TO the amount Of S5, 100
Their consist of stock, s74, AL 70; open
counts, $4,000; cash, s175 OF the stock $2l, 200
is pledged to Higgins, Cobb Co OF Baltimore,
Tor "a loan oil Sl1 245, and Of the open accounts
$li, 500 are against parties IN Boston,
The liabilities OF U. Ludmann 4 Co., shippers, OF No.
south William slreet whose assignment to Edmund
Kelly Tor the benefit OF their creditors published
yesterday II is SAID VIII not exceed $4,000 The
was IN the south American aud European trade and
their failure is ascrlbed mainly the tnanc cal de-
prcss,on, Tho house has been Ia existence Tor twenty
years.
A petition In bankruptcy has been fled against the
woollens at TO- 40 White street, by seven creditors
the largest claims oeing the following g:-Deutsche
Vereins Bank, Frankforton-Aain $37 l67 o. l.. Ocns
$4,000; Jonathan Brandon, So 745 IL; Emanuel Fln-
s,ercr, 50, ST. Inc rm failed July last with
a0ouJ one-eightn OF The aUove sum.
The American Paper Collar Company, William NJ.
Humphreys, John q. MeMurray, Ne sou H. Norm and
Barrett o.. credit r. oi Rudolph Gruhn Brother
wholesale dealers IN hosiery, at No. 35l Canal street.
have hled pettion TO nave the nrm thrown into
bankruptcy. Tue nrm on the other hanu, nave nled
affidavit showing that the Of the petit
toning creditors winch amount to s. 4l0 81, not
constitute one-tnird In amount IN value
OF the entire Indebtedness OF tue nrm, which is
$685. 934 06 auu the total numoer OF creditors beng 15
JOHN II. kEysEK's BANKRUPTCY.
Dxl IA uaru ute
ana avor the confirmation vi Howard I. Mars, on
as assignee OF John II Kcyscr, the "Ring plumber nc
having previously decided to submit To the Judge he
particulars oi the election winch was controlled the
interest OF tie DanKrupt ny iorncr employees who
the effect that hs election was not procured
by Inn, that he Is entirely impartial as
beIwccna the creditors and kcyser, tnat ne has
no relal IONS affiliations with neyser IN any form
other tau hould be Tor the Interests ot tho CREDITORS
ana that he has no personal iccng ia The matter.
Alidavns were submitted ny Mcssgs Cruksnank aud
Compton, representing IngcrsoI aud Others contain
ing numerous alcgatlous wny tho appointment should
be confirmed, and followed by arguments suppor,
ing therpositon, The main pOint WAS tna from the
very start II was apparent that tncrc had been com
Dnaton OF CERTAIN number Oi creditors 10 eject Mr.
Marson that although thcrc WAS no objection g insi
him personally was held that the man 50 cec,cd y
the ehoi3v OF the bankrupt and supposed To be Ia MS
interest," and the object o t1o opposition was 10 throw
the matter into cOur that All the creditors might bc
protected. hr DarlinstOu counsel Tor ti.c assignee.
rcpcd to the charges. hodins tnat the kcpist,r had
no risni 10 make any report on the va us charges
made against ~. Marstou. whose character was adj
mated " be above reproach. Sf Guccr, counsel Tor
tue bankrupt, maze low romarks Ia explanation oI
ccrtaiB charges. aud after notce that other adasts
would be h'ed The proceedings were declared tcrmi.
| mated
The following assignments, With schedules annexed,
were. yesterday lied ~ tue Court o. Common lloas =.
Berry Sinons and Morris ofmuns to frodcfca Lewis.
Tue imbitlts are stated al $53, y3l
SsB,9sO II ana rcai assets at sitSlI or Juuge Ltr
rcmorc nxrd the bond ~ So COO Joseph I.iduou to
Abraham Ottln2cf. The DEUS amount to 81 -yy 10,
noninai assets to sI,lOl IS and aase,s 10
$2,0jS IL
a voluntary petition 10 bankruptcy was nlod yes.
terday BY Mr. wafer $ Pncguoy, Judge ol tho
seventh Judichi District Contt, oi TINS cits 10
tion stutcs that tie mas no secured crrdHurs ms
aggregate dobts amount to ABOUT $50 900 mas
Assets except a law library Nncn.ne values al
about 1915, and "A sale worth uUvut SJl