The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-06-11
BUSINESS TROUBLES.

HEAVY FAILURE IN THE SHIPPING AND CoM-
MISSION LINE--BANKRuPr MERCHANTS APP
PLYING FOR THEIR DISCHARGE.
Joseph and William Foulks, composing the arm OF
Joseph Foulks's Sons, shipping and commission
cnapts No % Beaver street, have adjudicated
voluntary bankrupts by Register Allen The total liza
bities to SAT- Ola, all unsecured, and tho
tingent liabilities amount to about $780, 900. There
eghty-swo unsecured creditors. one-lourlh Of whom
carry business at Curacoa and the majority OF the
Indebtedness 10 held In the West Indies Joseph
Foukes individual liabilities amount TO about $1,000
and no owns real estate valued at $4,000. Tho ndi-
viaual indebtedness Of William Fouiko amounts to
about SIS, 600, and he owns real estate valued at
$2l, 000 but morgaged for It's full value. Tho firms
assets arc nominalIy valued at 1854, 500. consist
Ing OF outstanding accounts, $l6o,0o0; prom
issory notes, $1,000; cash, $5SUo gen.
eral lien on merchandise, 5000; Insurance
stock 5000; ofnco furniture, $500. Tho following
the principal creditors mentioned tho sched-
ules:-E j. Henriques, OF Curacao, s35 1855 IS; Elias
Pcnso Sons, Of Curacoa $50 3Ss 6l b. Jesurun. Jr,
Of Curacoa $2S.1oS 09 NJ A. Correa, J, OF Curacoa,
$27. 054 So; A. T. & A. Josurun, OF Curacao.
$25331 o3 L. Maduro, Jr, OF Curacoa, $24. 7ss 90;
Mrs. E. V. VI. de Towes OF Venezuela, $l4 94S 06; D.
Do Castro Co.. Now York, sl2,o7a A; jose Comes
Casscrcs Of Curacao, sl3,5l II; $. We'll Co., OF
Curacao, $lb, 400 "a; j. J. r. Blanch, OF Curacoa
$20472 As; Isaac Penedo Jr, OF Curacao, S9.5s4 99
Charlotte +. Smith, OF New York, Sl0 775 69 estate
Il. Spader OF New Brunswick, N. j., sli, o65 IL The
greater part Of the indeb Is Tor merchan
disc. Tho firm 10 endeavoring TO obtain compro-
mise, ana q committee from their Curncoa creditors
has been hero making an Investigation oil the trims
affairs
Leonard Grover, theatrical manager has gone into
voluntary bankruptcy before Register Kctcnum. In
his scholars he states that on account OF The destruc
OF his books and papers by the Chicago IRE, is
unable 10 give or make Definite or correct schedule
OF his deots Nine creditors are mehtioncd as iol.
lows-National Printing Company, OF Chicago,
amount unknown ian open accounV; Gronavrer Il
Ulrich, OF Chicago, about $500 ON notes; John b.
Jenrcys, Of chicago. amount unknown ian open ac-
couu( Chaplin Gaui OF Chicsgo about 500 10 judg.
mcnt; b. II. Grover, of New York, unknown ian open
accoou Leonard Grover, JE, 5000; Kraiy brothers,
ST. 900 on three notes; A. s. Seer Ton opon account
nccountL amount unknown, and William r. Riggs,
al 900 All tho debts were contracted within
the past four years, mono OF which secured. Tho
assets consist OF wearing apparel $l0o notes against
1. v. swan Tor $4,000. aud against spaulding Il
Kapley. No rights TO any plays arc mentioned.
Register Little has received voluntary petition IN
bankruptcy by Samuel hurbat, of No. 40 East Tenth
Brothers. dealers dry goods, which failed In 1sI2
the creditors realizing $4,000 from tho estate. Tho
liabilities OF the petitioner are gwen In the schcduie
at 81, DOL "a, and all are Old 5ebts.
Richard Armstrong; grocer. at Tenth street and
avenue A, has Dccn adJudcated an Involuntary bank
rupt on the petitions OF Ii. X n y. b. lhurber and
Robert Mclaughlin, whose claims arc 81, $50 90 and
$500 respectively. The case has been referred 10
Louis j. stitch has filed a petition in bankruptcy
against Esther Meyer dealer IN hats No 54 Grand
street, on behalf OF Aaron Calm Il Co., Hovcy Il
Hutchhausen, NJ. woolf & Co., n. Forsch a Co., ana
Henderson q Bird. rho matter Will DO heard Tor d.
judication on Saturday next
MKkTINGs CREDITORS
meeting Of the fcdiors oil Samuel Strauss jewell
Ter, was held yesterday at the Office oil Register Day
ton. The schedules submitted showed Liabilities
amounting 10 about $4,000 ana no assets Ten
claims wsrc proved agsreRating about s3l. 9o0 OF
when tho lnrgcst wcre the following: William smith
a Co., $40 604 IS; A. WaIlach 4 Co, 5000 "a aud
Samuel Echoerg Co, $4,000. Gibson Putzoi
elected assignee.
Thc creditors OF John p. Elmcndors planning mill,
At Thirty street and First avenue, yestcr
day NJ the once OF Register Allen, proved sixteen
claims nggregating about 81, 900, ana elected Jonn
Eadie assignee. The schedules showed liabilities
amounting 10 about $3.50, 900.
AT meeting OF the creditors OF Lorn Brooks X
Son, dealers in SHOES at No. 43S1 broadway, held
tion VAS confirmed at twenty cents the dollar In
notes at four, eight and twelve months
APPLICATIONS FOR DISCHARGE FROM BANKRuPTcY
Charles q. Martini broker nj No. ga broadway,
made application recently 10 Register Allen for his
discharRc from bankruptcy. As there was opposl.
charge will DO granted. HIS liabilities amounted TO
$4,000
rho application OF John Nichoi, Jr., for his dis.
charge from bankruptcy before Register Allen camc
yesterday, but tue bankrupt Jailed to appear Tor
nnal examination and the matter won't over.
In the matter Of the application OF John H. Tripler
builder. Tor his discharge IRON bankruptcy, before
Register Allen Yesterday, there was opposition by
the creditors and hts petition will be granted.
Application was made recently TO Register Allen by
Henry O. Sweet coal dealer, OF No. Ill Broadwn y for
hts discharge from bankruptcy ana the matter came
his dischargs VIII be granted.