, 1877-11-01

Issue Of tie sto"k 10 Church, ani nv"rrr.l TINT
b: hn,' in'iors"' and EAcagrI Il as
prior 10 the lrry, and tnat ,n'.<c Third
f'rrsnns, hy rrn1nn uf sucf, 1n.rtcment anh
Idc'i.c hal right to the si'fk ru"rinr to my
tnat Adams .""lI acquire by htH !'vy made
aitrr the plc'lgc, although there ~a- nnthlng nn
tic tHn,ke Of shc Company To ahow such In
dortcncnt nn1 pledge.
Judge Nary held, however, nnon demurrer to
ihat part Of tlle answer. TINT there being moth
ing on the htN,ks nf tic Company to show the
rights of the.c third pcrsons, the execution,
levy AMI sale, II dnIy made, carried the title to
the st0:k uEn1nst them, aM3 d perc'nptoEY writ
would b. awarded. II, m triai BY 1ury II slolld
appear that tile proceeding. were regular.
A. n. MEEKER 4 co.
Rohctt r. Jenkins md g. Norman Fay, As
.tgnccs n hnnkrnrtcv Of A: u. Mcekcr 4 Co..
fle! ll yesterday agnftsst Alexander j. l1ctth,
NJ Receiver Ut the Juliet Iron d Steel Company,
aaktnR for m nctount. They SGT nut that, IN
October. 1871. an arrangement waA matlr by
whtci, \. y. Mccker Il To- should furnish To
The Iron d Steel Company the raw material,
conststing Of ply Iron, apfe0cI, coal. etc., cccs:
necessary advances, is1tir liabilities i.y way Ut
:!rafts notes, etc.. md receive In rlel0c there
for all thu products u the ws'skt Ia he
poek Company. 1 n.y. f's fly voro siso s 70 saii
tho iron and steel 20 manufactured for a cotl-
mission ol TX per cent. This arrangement WAS
carried out until July Inst, when the trttn. u
sl0s, aN.2s. Tho ArrtQncss nf tho latter firm
have !la'l some disagreement with ttle KtHeivCr
u the Company ~ to the exact atnossnt due
tlscnl, md tl.ls tli Is flied by agrccmcnt to Oh
tain judicial settlement OF the matter.
TIE ulItCAGo ltFk. .
Judge Williams entered an order yesterday
fixing per cent n the l'aats OIL which thn vatu
utlon 0f the policies In the Chicago Lifc-1nsur-
ance Company rasc should be calculated. a
petition for this purpose wns ntcl by tic Re-
cctvcr Of tic Company several days ago, setting
out that no report of tho Company's liabilities
could 10 lnadc Until this WAS done.
Judge Williams sattl that he thought the Leg
ls1aturc. when 1t passed tue Insurance law, III
teuslr,! tho t,er tent basis Should be adopted
In all Eases. The testimony Of the experts In
the Republic lffe-lnsuranee Cunnany case MAS
to tho satnc effect. lie ha1 in that case adopted
a O per cent basih for other rcasuns; hut here,
the facts httug different, and the premiums be-
Ing calculated on per cent valuation. he
wunld 0rtier the snnc standard to 10 aduptGd
for asccrtatn1ng the net ya1nc Of the policies.
through its Assignee, james X. Murphy, nukts
tho following sliowtng:
T.l M uni,el st..sa arahai..:... . :i: s'''''
Expenses :. NEUTRALITY-SUSPICIOUS.. iai- aoe
DIVORCES.
Its wlfc. Catl,arine N. Little, uskng for q d.
vorcc on account oF her .lescrtlon.
Judge Williams yestcrlny grante1 decree
Of divorce to Oliria Jol,nson from Charles W.
johnson. On the ground Of drunkenness, and to
George Reed from Mary Ann Heed for tic san1c
reason.
Judge Sfoore granted decree to Florence N.
KInuie from Edmund y. ktun!c, on tho gru,nl
ot ulultery, md to Ella Sparkling from George
Sparkling, on the ground Of cruelty.
ITEMS.
Judge Drummond yesterday decided the cake
Of Southworth ct al., Assigslces Of Heinz, Noble
that on the same day on which Heinz, Noble i.
Co. went into anksuptcy-Deeembtr, lS7b-a
judgment was entered by confession against the
tlr1n III the Cirrutt Court of Mclean County,
In the case. The warrant to contesa judgment
was eIgacd only by ono Of the lne1n-
hers Of the firm. Tho I'LL vas i'ctl to set
this judgment ashic,. 50 q, to nilow the property
Three questions were raised: First, as to the
validity of tho Judgment as against tho other
creditors; secont. as 10 wlethcF tho member Of
tho firm who signcd tho judgment note had anv
incnt Was valid, having l~cn rendered tn vaca-
tion before Judge who was Interested in the
Judgment.
Judge nsummond held that the Judgment
should 10 set asiic: tllat It did not rive the de-
creditors Ut tho firm; that 1t had not been
shown thai sufficient authority wns giycil to tho
member Of the firm wf,U sighed the warrant to
that the parties who entered Judgment td 80
IN gond futh without knowledge Of The H.
solycncy OF licinz, Noble II Co.
Judge Uruintnond was engaged ycatcriay al
tue stockholders Of tho But.crtcld Overland
COMPANY TO compel them to pay an assessment
ot ~ per ect,t MI their stock. .-. .
The arguments on tho demurrer to the bill OF
-.
Tho Frear Htouo Manufacturing Company and
tts storkholers were concluded yesterday
morning before Judge Fnrwe!l, and the case
takcn untlc- a.tytsctnent.
LcwIs Walker, indicted III tho United States
Court for r.'bbIng PASSENGER on the Union
Transportation Co1npany's llnc Of twenty 81
bills, CanR,linlt money, pleaded guilty yesterday
bctorr Judge noigrtt. Sentence was stispend-
ed to nllow the Introduction Vt su1ne evidence.
UNITED STATES COURTS.
The Mercantile Mutual Insurance Company,
the st. Pauf Fire a.rl Marine lns.1rauco Cotn-
pany, aul this Buffalo Insurance Company tlled
i lilel against thu steam propeller l'russa to
cargo If the schooner o. II. bon! last sumne.
on her trip from Chicago east. While shc wns
Iuoorcd III the Weland Canal, on her voyage,
The prussla carelcssly co!ltlesi with her aud
lo.s of thc careo Thc Companies, being coin.
pcllcd to pay thu insurance, now nsk Tint tho
Prussia bo compelled to reimburse them, tho
ACCIDENT being eutikcd hy her negligence.
The atonlnGtun Savings I,ank t1ed bill against
AlicG Nugent, \. Il. Emery, y. l.. l5assett, II.
A. Fletcher, and llugu Turner TO iorecloso a
mortgage for s5,00a IN Lots 81, 6cc, a.Id So iu
Cottage Crow Addition to Chicago.
BANKRUPTCY MATTERS.
In tho casu of BIltlle Il lloyd, an order was
entered for the sale nf tho assets at public auc-
tton after three weeks notice by publication.
It. Z. JcukLns WINS ycsterday appointed As,
slgiice of Il. II. Gruss.
q. ", Campbell YVES appointed Assignee Of
Alcx l.. and j. Il. Tllornc.
The creditors Of Louis Jaeger 4; Bro yesterday
accepted composition VI Is per cent, payable
e.iuurth LII CaaIi md the frtuntuffa1 In TIM.