The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-04-03
BUSINESS TROUBLES.
BANKRUPrs' ASSIGNMENTS AND CREDITORS
MEETINGs-A SALE or SECURITIES ORDERED

BANKRUPrs' ASSIGNMENTS AND CREDITORS
MEETINGs-A SALE or SECURITIES ORDERED
BY THE COURT
Welcome Il. SHELDON. who keeps boarding establish
ment In East Twenty seventh street. made assign
yesterday for the benefit OF his creditors 10 John
r. Murray. He has Kept the boarding houses tor tho
past years and IN the summer had hotel
at Ocean Grove N. J. The leases OF The New York
houses expired this spring, their rentals aggregang
about 1000 per annum Tho furniture and fixtures
were covered by chaitel mortgages amounting TO
over $4,000 IL Is sad that Mr.. sheldon owns real
estate al Creedmoor, Long Island, worth $1,000 and
heavily morlgaged. no was also recently engaged IN
the undertaking business, which, however. was I'M
profitable.
George Deecken and Frederick Descgen. composing
the firm Of Ueecken Co., DEALERS military goods
1t No. l60 Grand street. made assignment for the
benefit OF their creditors TO Charles Ecke. Tho firm
has been In existence about year. having succeeded
g. G. L. Doecken. They had very little capital and
expected TO pay Tor the business out Of the prohts.
they having purchased IL on time notes. They re-
Gently gave chatcl mortgage on The fixtures 20 the
former owner Tor $3.50. The assets are estimated at
So 900 and the iiabes reported at about S. 600
meeting Of the creditors Of Henry Siegel was Aed
proved ssgregaiss sis sol is, Of which the largest
were the ioiiowing:Aorilz Mayor, Sc. 043; Slegel
Brothers, o. SAT- LAKE CITY, $4,000; Richard y Now
como, So 300 Isaac NJ stern was elected assigned IN
The creditors of Vogel Il Reynolds, dealers In glass
ware ~ No. 65 Murray street, met at the Office VI
Register Fitch 10 act the composition proceedings
Inc arm submitted their scnedues showing liabilities.
SlS,069 U.s. assets gu 02 actual assets, 1871 81
Allowing 81 900 Tor expenses the state assign
ment aud $3.50 Ior the cost oil the proceedings IN
bankruptcy. They were unprepared 10 mako an offer
OF compromise anu counsei Tor several OF tho cred
itors order Tor The examination OF the bank
rupts, which was granted.
Al meeting OF tho creditors OF Charles Ahrens. At
No. 40 broadway a. the office OF Register Dwight i've
claims were proved aggregatns $500 10, and Samuel
alker elected assignee III bankruptcy.
A meeting Of the creditors OIL Happen Carr, whole
sale liquor dealers at No It's South street. was held
Ut the Office oil Register Alien. Schedules were pre-
sentcd showing liabilities amounting $685. 300, aud
nine claims we're proved akgregating $50 6O2 %, OF
which the following were the largest :-Cyrus Sco-
field. $7.196; =. W. Engs Sons. $5,5T 81; The
Howe Macninc Company, S5.l5U; H. Webster a. Co.,
$3,S28 %; Charles Fox, S2,32l d. Henry Snyder,
Jr was elected assignee nkruptcy.
OTHER BMBARKAssMENrS
Tho schedule oil the assets and liabilities OF w. A.
was niea IN TIE Court oil Common Pleas NY their
signee. William Beattie. rae liabilities Of The hrn
are slated NJ Sl4.607 Is, nominal assets 1901 93
and assets ut $4,474 "A.
similar schedule Was also tllcd IN the same court
by Frederick Stoecke 20 Morris GoodharL The Ina
blIities amount to 81 173 81, nominal assets 70
81, 962 so and real assets 10 $oIo 81.
Tae schedules IN tue matter OF the assignment OF
julius simon Siegmund Steguz, dealers fur
nshng goods III No 81 Walker street, yesterday
filed IN Court OF Conn Pleas. The following
recapitulation oil their assets anu liabilllies:-
ASSETS.