The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-06-26
BUSINESS TROUBLES.

DEBTORS AND CREDIToBs-c COMPOSITION AND
OTHER PRoCEEDIsds IN BANKRUPTCY
Mr. Joseph l. Stem, attorney Tor Dansl n. Koehler
liquor dealer nj No 202 East Twentv-ninth street.
yesterday completed the schedules showing tho iiab
tiles and assets OF Mr. KoehIer. Tho total liabilities
amount to 500 257 49, Of which $l29 900 secured
by mortgages real estate, 500 900 secured by
parties and $33 500 secured by stockx Tho nominal
1851 445 IS ana the roai assets 254 IS
The creator part OF the unsecured indebtedness
judgments on mortgage dsaciencieA Among tho &C.
cured creditors are the Mutual Lille Insurance Com
pany, $42 0O0 Continental National Bank. s35 s26
Duncan, Sherman 4 Co.. $4,000; julius BsnssI,
$le,571; John Ross, $13, 800; Townsend. Dyett &
Iors Henry Esner, $47, y6o II; Meyer Eisncr,
$4,000; ID. Winkeiman, So 81 j. ). Bern
ns.mer, $4,000; A Heller, $io,soo; Norris Tnsks.
$4,000; ). Frsund, 81, 1855 Is.
Composition proceedings IN the OF Heiter 4
Gano manufacturers Of umbrellas ~ NO. $40 Broad
way, have been commenced before Register Little.
The application WAS made by wiiam II. De Forrest
creditor, who mas claim Tor $6.75 o. who states
that the firm have offered 10 settle with their credit
al cents ON tho dollar In indorsoh notes.
Tour, eight aud twelve months: and believes that
the CON accepted ny least twotnirds
OF ali the creditors. The application raised a novel
point IN BANKRUPTCY practice. aud Judge Choate u-
dorsed tho papers iolows:-"why Is mot tho apoi-
cation made By the dcborsr should. think, appear
That they have submitted proposition" The order
was however ISSUED tor Register Lutte call nrst
meeting oil creditors 10 act on tho composition.
Dw,ghtP Gus, manufacturer OF pianos At No. 200
East N inctsonth street, mas commenced proceedings
for u composition with ms creditors before egIsler
Dwight He offers ten cents casn IN thirty days from
the date OF the nnal conlr mati0n.
Samuel Rothschlld. man uacturor OF ladies' wear
No. 3l4 Canal street. is compromising with hys credit
at twenty cents on the doiiarten cash aud
the remainder IN Endorsed notes HIS liabilities
amount 10 about "a, 700 and nominal assets 81 100
The schedules IN tho matter OF tho assig nment of
David NJ. kocher to David l. Eisner ued yes
terday In the Court oil Common Pleas. The ASH nor
is wholesale anu retail nquor merchant doing bust.
at Nos. 202 ana 204 East fwsnty-nint street.
HIS total Liabilities are SOLO 259 %; nom Dsl assets
$5sl 400 IS; actual ~, 254 70 Among the heaviest
creditors are tho ionowing:-MutuaI Lue Insur-
ance Company, New YORK, $42, 600; John
Rose, $4,000; Townsend, Dyau * Goldsmith,
SIS 900: - Kirkland, $500 j. K 0iKceie,
$lOJl4 So; Continental National Bank, s35, SIG 49,
Henry Eisncr, sl7.966 IA Hermann kseulcr,
s55,7i9 IS; Julius Buozel, sl657i OF; Real Estate
A. Heller s1o 800; Morris 1uskn, $40. 200; Duncan,
York, $40 900; Mayer Eisncr. $4,000 ana
many others Tor lesser amounts. Tue great
difference between the nominal and real assets ls
accounted for Wy the depreciation IN the valIe oil
property aud the disastrous results OF the "hard
tmcs.n The real estate OF tho assignor consists OF
sixty one lots Mt fremont n. Y, morigagsd Tor
$4,000 The outstanding accounts arc Tor the riost
par regarded Worthless aud the STOCK and fixtures
stated as Old and dilapidated.
la the County Clerks Office there was fled yester.
day the assign OF James >. Rodgers and James
Wardrooe, comprising the hrm OF Rodgers Il Ward
robo. 70 Hackiy IS. Bacon