The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-05-24
BUSINESS TROUBLES.

BUSY DAY FOR THE REGISTERS IN BANK
RUPTCY POOR PROSPECTS FOR CREDITORS.
julius Lissner, importer OF laces NJ No. 70 Mercoi
street, who made assignment on Monday, has liza
bities amounting TO about $40 00a Tho value Of the
assets Is not yet known but slatemen hGl DO ready
as soon as the inventory Of stock is completed.
meeting of tho creditors OF Paul Magnus, manu-.
facturer OF matches at No Al Bcekman street, and No
lis Bloomfield street, hobokcn, was held yesterday
at the office OF Register Ketchum to prove debts anc
elect assignee in bankruptcy. The following
claims were proven Max Magnus $3,523 0S; Louii
Magnus, $3.50 II; The J. L. Mott Iron Works,
Slosl O4; II. Lowenthai, $3.50 o.; Oil & Hanschnd,
1924 10; wakeman l. Fioz, S97 o. Max Goebel war
chosen assignee
Fitzsimmons. Clark Co.. dry goods, at No. 50
Franklin street, who mado an assignment on Satur.
day. liabilities OF abo $l00 000 The assgnces
taking account OF stock and expect 10 have
statement ready at the close Of the week. The hrm
transacted very large business, and their credit
80 good that at times they have owed as high az
$3.50 COB.
The application for the discharge from bankruptcy
OF julius ii. Jagel, OF the firm OF Jagel Schumann,
bird cage manufacturers at No 40 Cortandt street,
came before Register Little yesterday. 1t was op.
posed by George Wolf, specifications and ooJecsions
being ded
Eleven witnesses were examined before Register
Little yesterday In the composition proceedings OF
Daniel j. Qugley, liquor dealer, AT No 81 Sou.h street
ahmed III relation to alleged secretion OF property.
He oilers twenty I'VE cents the dollar payable IN
six, twelve and eighteen months
meeting OF the creditors of Pincus A. Straussman
tailor, OF Newburgh was held yesterday at tho Office
OF Register Little, and composition OF forty cents On
the dollar was accepted without any opposition. This
liabilities are about $4,000
The creditors OF Bernard Il Mayer Goodki nd, whole
sale liquor Dealers late Of No. so Broadway, appeared
before Register Little yesterday order 10 show
why their petition for discharge III bankruptcy
should granted Tho 1rm failed nearly two years
ago, with liabilities Of 500, 900 They carried ON an
extensive mcnhaden oil factory Barren Island, aud
also held considerable real estate III Harlem. An offer
to compromise Vt thirty cents ON the dollar re.
fused by the creditors ana the effects sold
tion, realizing but small amount over the incun-
branccs Vigorous opposition to their discharge was
manifested yesterday. Mr.. Banngan appearing In be-
hall OF several Of the creditors II nnally decided
to adjourn the meeting TO show cause uni Monday.
A meeting OF the creditors OF Simon l.. Dinkeispic,
late agent OF tho New Jersey Mutual Lilo Insurance.
Company, was held yesterday al tho vco oil Register
Dayton. Debts 10 the amount Of $l9, 900 proven
and John II. Wright was elected assignee In bank
ruptcy, The total liabilities OF tho bankrupt are
$4,000, which Includes debts for $50 900 contracted
III Louisville, KY, where no carried a wholesale
| liquor business Tho assets nominaly $4,000
/ The Globe Mutual Lite Insurance Company has a
claim FOR SIG, OOO; John A. Converse, Sl6, 0O0; Nary
| Din1clspel, 81, 900; j. ii. StodwolL $4,000.
The assignment and schedule OF Balch W. Pierce to
Samuel stevens was yesterday hed In the Court OF
Common Pleas. He states ms liabilities at 500, 800.
nominal assets at $l55.742 as, aud real assets az
| $l0,S73 10.