The New York herald., 1878-02-20
BUSINESS TROUBLES.
JOHN H. LYON ADJUDIcArED BANKRUPT
OTHER FAILURES AND PROCEEDINGS BEFORE

JOHN Il. LYON ADJUDIcArED BANKRUPT
OTHER FAILURES AND PROCEEDINGS BEFORE
THE REoIsTER
John H. Lyon, formerly President OF the deiunct
Third Avenue Savings Bank, who is q prominent coal
operator, has been adjudicated involuntary bank
rupt the petition OF four creditors and the case
has been referred to Register Kechum. The petition
filed last May, but the warrant of adJud cation
not received until the present timo. The creditors
who died the petition either relatives or connected
with the bankrupt In business, and are 'Benjamin A.
Lyon, his son, has claim for IS, 219 3S; his wife,
Jane Lyon, 945 72 William H. Merritt. So 426 81;
Frank P. Perkins, S15 362 So In tho schedules 1led
with the United States Marshal the total liza
bihies amount to about $4,000, while the
assets are merely nominal, consisting OF clothing
and debts due the OF about $40, 500 winch
includes a claim against tho Third Avenue Savings
Bank for 50. 900 He states therein thai he has no
personal property NO securities or stocks OF any Kind
interests in lands and asks that no be allowed
$3.50 In money OF his estate. The secured crcdi.
tors are the Delaware ard Hudson Canal Company,
$S, ,OOO and the German Savings Bank, $l2 000 Tho
principal unsecured creditors are the folowinR:-
Frank p. Perkins, for money loaned, $l2. 500; WILL
lam H. Merritt. Tor services, $2426 81; German Saw
ings Bank, for deficiency on bond, SO, 600; Jane II.
Lyon, for loans, s2,O4s 80; Benjamin A. Lyon, Tor
soans, ss219 3S; I. J. Davis, of Newark, Ohio,
$4,000 us indorser on the OF the Straits-
vile Cannel Coal Company; Murray Hill Bank,
So 600 on indorsed notes; Third Avenue Savings
Bank, $5, 900 judgment on tho guaranty bond Tor
$1l5 900 given by the trustees to enable the bank TO
continue business. The above figures are taken rom
his scnedules but from the records appears that
since they were made out the Judgment in favor Of
the receiver Of the Third Avenue Savings Bank
amounts TO se,ols So Mr.. Lyon has been Tor many
al
cty Chicago and ONO, an has been President Of tho
Straits VILE Camel Coal Company, the New YORK and
ONO Coal Coup pany aud the Lyondae Coal Company.
HIS connection as President Of the Third Avenue
savings Bank reported to have cost him 500 OJ0 in
legal expenses, &C., and the suits against him ior his
amount the guaranty bond are among tae causes OF
his b bankruptcy.
A petition In bankruptcy has been filed against
James Leaby jobber in ary goods at No. sSl Broad.
In the petnion:-Hmd, y Co. Slo,47o 81; Thomas
Adams 4 Co.. se,4.7a 50; Perry, we.de! Fay & Co.,
Brothers Il Co., 81. .Oes 50; Whittemore Peet POST
sl,4so 49, Joseph Moore Co.. sss44 ss RICHARD s n,
Haworh Co., 81 966 40; ott Son Co., -, S7l 81;
Jobn Charlton Il Co., ST. $50 ~
Gilman Goodwin, house mover, at. No. los West
Twenty NTH street. has been adjudicated voluntary
bankrupt on his own petition BY Register Ketchum
HIS liabilities amount 10 $50 497. The secured credit
,ors are:.John Mckenzie, s7.se2 40; oSa Samuel +.
aSse~ Drew 's sss4o 10; sns sssp
smouutins to s5ss 81. The assets are nomnally
valued ut s75 O0O and consist mainly OF property at
Belmont heavily mortPagcd ana promlssOry notes OF
the lace value OF $25, COO
Aupllcation was made 10 Register Little by George
W. Wheeler, dealer IL iron, formerly at the corner OF
ChT and Beeknan streets, for his discharge from
ban anKruptcy, but opposition was mado on The part
OF many creditors the usual time was allowed 10 file
specifications
In the examination OF Mr.. McIntyre Of the firm OF
Mcintyre Tobias, wholesale butchers. at the loot VI
West Forteth street, winch has been proceeding Tor
some length OF time before Register Little he testified
that he had COLLECTED and received upward OF $1,000
the bankruptcy proceedings mad been instituted,
which he had paid out to the cfedtOrs OF the 1rm
The Register administered warning, saying that the
bankrupt had rendered himself liable.
Gi!bcrt \. Henshaw made application to Register
Little yesterday tor his discharge from bankruptcy,
ana as ihere was opposition on The part Of the
creditors his petition Will be granted.
Register Little yesterday issued an order for the
first meeting in composition Of the creditors OF the
gists to be held ON Marcn %. In the matter OF the
examination OF Benjamin d. Dewey, the assignee of
the firm. tho latter produced numDer oi books and
vouchers and list oil the trade marks, which were
looked by counsel Tor Colgate 90. and other
creditors, but the examination was adjourned at the
three creditors OF Charles saomon have filed pct-
ton to him adudicated an involuntary bankrupt
and he has been ordered to show cause on Saturday
next Inc claims OF the petit,onne creditors are:- =
| Gabriel Goldsmith, $2,5S0 10; Rcbecca Solomon,
! 81 sol 80; Frederick tahn, $3.50 IS.
| petition bankruptcy has oeen fled against
Stephen T. Wygant by two of his creditors, George
+. TalIman, whose Claim amounts 10 $6,3l6 73, and
Matiida Pierce, cialm for S4,S76 76 IL Is
alleged petition that judgment Was confessed
on February III avor OF Edwin wysant Tor 81 $40 80,
with intent to give him preference order TO show
cause why he SHOULD not be aojudicated an invoiun
bankrupt has been issucd returnabie on the 23d
inst.
Al meeting Of the creditors OF Cory Co., dealers
In oil No. 222 Front street. held yesterday at the
olnce OF Register Dayton, the composition OF twenty
cents dollar was confirmed.
r. w. Adams & Co., lumber dealers at No. 112 Wall
street, whose financial embarrassmcnts have been
ported, unable 10 obtain the necessary assistance
IRON their friends TO bridge their present dcul-
tios and yesterday the members oil the firm Russell
W. Adams aud Charles L. Rogers) nled general as
G. N. lngraham.
A meeting oil the creditors OF Abram Duryee was
held yesterday the office OF Register Dayton twenty
six claims proved, a2sregatng about S14 760 oil
which the following were the largcst:James ID. Sim
clair, $4,4S0; w. G. Washburn, $.,55l; Edward A..
Shipman, 81 $50; Laura Runpicr, Sl,7Sl o. w. H.
Henry was unanimously elected assignee IN bank
ruptcy.
BROOKLYNS FINANCES.