New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-07-12

To these must be added interest and costs and
few claims, the amounts of which are unknown.
These additions will swell the total to 100000.
William J. Keyser, who is the largest creditor is
brother of the petitioner, and has made many adj
vances of cash during the past SIX wears 10 relieve
his relative. The Indebtedness 10 Mrs IWeed ana
her son Richard is deficiency on easehold properly
at No. 100 East Nmth-st. adjoining Mr.. keySeTs
store Kevscr was compelled 10y Tweed in Ring
tunes, to lease the property nj cNhorbtat hgnIes
for term OF ten years. and at the expiration OF the
term in debt $1,000 The claim OF the Van
Buut estate is also for a deficiency on IeasehOd
property. No.. 90,
is Tor Judgment obtained against keyser tOr money
loaned Ii represents $1,000 cash sent To Tweed at
Albany by lngersoll on account Of keyser, to be
distributed, as understood at the ume among the
members OF the Legislature 10 facilitate" leglSa-
tOn in the interest Of the Ring 1t was arranged
that the money should bc repaid 10y means Ot ictl-
tous bills against the city, but the matter remained
unsettled When the crash came, anc Ingero0l called
upon kcyseT to pay the amount which he bad pro-
missed. AS Keyser did not pay 1t, lngersoll brought
suit and obtained judgment.
The ASSETS NOMINAL.
Mr.. Keyser's assets set forth in the schedules are
wholly nominal plot Of land in the Catskill
Mountains valued at $500 and his house on SecOud-
av., valued at 1000, and mortgaged for $4,000
with judgments to the amount Of $4,000 operating
as a lien on his real e. ate, leave no margin Tor
surplus 10 lie applied on his debts. Ills claims
against the City aud County Of New-YOrk, which
are not enumerated in the list wore assigned III 1871
oJacksOn II. schultz and 10 creditors. They amount
to less than $500 0OO aud probably will become the
subject Of further litigation in the courts by the
Register i'm Bankruptcy, as Mr.. kcyser, in his petit
fion and schedule of debts has not asked for re-
lease from the city from any claims which the city
might have against him, but on the cOntrdry asserts
that the city is the debtor. The list Of his abili-
ties shows 10 small private debts, the bulk of the
claims being real estate complications and the Inger
Tie Kevscr Stove Works. of which Mr. Keyscr is
now a salaried officer are carried on hY manufac-
turing company ana are not aAeCled by the bank
ruptcy proceedings.
Mr Keyser Is about fiftysix years Of age, and has
been i'm business for thirty years. a converse
tion with some Of his creditors indicates a kindly
feeling toward him, with no desire TO OPP
nose his petition He has been connected with
many charitable movements in this city, and
was well known, in former years, as a
man fond of extending generous hospital
NV and liberal in his benefactions to the
moor lie supported two or three benevolent lnstI
futions out of his own private funds at an annual
expense of many thousand dollars. 1t Is asserted by
those familiar with his habits, and his many charl-
table acts tDat the large amounts received by hun
in the prosperous days Of the Ring freely spent
and did not remain IN his possession fOr any cOnsd-
cradle length of time. - -,
closed the fact that many Of the Ring officials were
ipdebted 10 kevZeT i'm very large SUMS for plumbing
work done on Their private property amounts which
they never expected 10 pay ana considered az per-
onsites of their Offices Nearly all the names notorious
n the civ Offices in those days appear in' his books
and a moderate estimate puts the hgules OF ms
losses on this account at not less imam FIDO,OoO
Suits pending against some OF these oIhcas put
fhe difficulty in furnishing adequate proof OF the
indebtedness, and connecting persons win the Work
fuTnished has made impossible thus far 20 recover
iudgnents against them. A reporter OF IRE lH-
nINF called on Mr.. Keyser last evening, but found
him unwilling 10 talk of his affairs