The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-05-10
BUSINESS TROUBLES.
BANKRUPTCY PROCEEDINGS AND VOLUNTARY
PETITIONS CREDITORS MEETINGS.

BANKRUPTCY PROCEEDINGS AND VOLUNTARY
PETITIONS CREDITORS MEETINGS..
Darius w. Gesr, wholesale dealer in boots and shoes
at No. $40 Broadway. has failed and has gone into
voluntary bankruptcy before Register dwight His
liabilities amount to $S1. 6s7 IL, OF which there
secured $54 253 49, unsecured $40 SOL 90 and notes
$657l 20. The following are the secured creditors:-
Estate Of j. H. Ransom. deceased, $685. 900; arren
Ransom 81, 900; Aaron ClaaD Co., 207S SO; Amer.
lcau Exchange National Bank, 100; Mrs Elizabeth
S. Gccr, $3.50; Mr.. westervclt $780, The assets are
normally vsued s37 e65 90, consisting Of the fol.
loving stock In trade -sl2l75 6s promissory notes.
So 926 50; book accounts, $6Os3 AZ; personal prop
erty 81 900; Stocks $3.50; insurance policies $14 00o
Ii failure the result Of the failure Of w. Ransom
Co., wholesale dealers in boots and shoes OF NO. Ss7
Broadway.
Alden. Bienenstog 4 Loewen, dealers In wool.
formerly at No So West Broadway, have been adjud
Gated voluntary bankrupts on their own petition DO
fore Register DAYTON. Their liabilities amount u
Ss55O0 and tho real assets about ~, 0O0 Amonl
tho creditors are s. Bicncnstok Sons. $5s, 446 SOL
Hallgarten & Co, s7,033 35; Alcus Schcnck Autey.
s., TAO OF; German American Bank, So, 49I so; Ma.
tional Mechanics Banking Association, 81, $50 AZ
Third National Bank OF 81 Louis, $S,ll0 80; valen.
tine, Scnenck Co., $3,S 1888 "a
Register Fitch has adjudicated Henry Hermann,
liquor dealer, voluntary bankrupt on his own petit.
tion, having liabilities OF $4,000 and no asscta He
is on paper for s6,o00 and among the
creditors are Joseph NJ Porges, 81. 020 81; Koher
Rupler, 81. 1928 So; Joseph j. Sten, $l.l62 70; Emil
Morris Euger. dry goods dealer, has boon adjudi-
Gated voluntary BANKRUPT on M own petition ~
nearly all OF which wero contracted IN Newark ~ tho
Arm Of NJ Eihngcr 4 Co. ~ 1866 There are thirteen
creditors. the largest being lgnaz Aerzpacher $oO0O
Dodd squire, 81, 200
petition in bankruptcy has been fled against
Charles H. Morris, dealer n pickles, OF No 173 Duane
street, by a number OF his creditors. His liabilities
amount to $685. aud his assets arc valued at So 600
Broadway, have been adjudicatcd Involuntary bank.
rupts tho petitions OF their creditors, and the
meeting OF the creditors 70 prove debts ami elect
assignee IN bankruptcy, to DO held on May II. Their
aggregate liabilities are 80. os2 II
The creditors OF Ira U. Clark produce dealer at No.
10S Murray street. have filed petition to have him
aojudicated an involuntary bankrupt His liabilities
amount to SLOT and his assets are about 81, 000
In tho case OF Keller, Wormsor Kingsbury,
hankrupts, motion WAS set down tor hearing yestor
day, before Judge Cnoate. IN the United States Dts
trict Court Mr. Fred Lewis had boon appointed ro-
celver by Judge Dohohue, after which the
the United stalss courts, and Obtained an
injunction from Judge Choate restraining
tue recsivcr from entering upon the prem
ises anu disposing OF the property. Mr.. New.
comb, with whom associated ex-Judgo Cardozo,
appeared for the debtor tKeer, and moved that the
Injunction DO vacated. Aossrs. Blumsnstol, Hirsch
and sexas, who appeared Tor l26 OF the creditors.
desired an adjournment OF tho argument on tho
and after a short discussion the hearing Of the mo-
ton was fixed Monday at three p. M. Mr. Rigens-
berger, who appeared Tor tho proposed rcceiver,
sired to make an ex parte application, and THIS was
also adjourned to the same day.
The application OF Robert J. Anderson, late pro.
prielor OF Winfield Stables, No. Ito West Fiftieth
TOR discharge from bankruptcy before Reg.
lister Allen was opposed yesterday 0y tho creditors,
and the usual time was allowed In which 10 file spec
Gcations OF objecto ns.
james L. Ray, builder, OF No. 1OI East 115th street.
made application 20 Register Allen yesterday for hts
discharge from bankruptcy, which will DO granted,
thoro being opposition on the part Of the creditors
HIS liabilities amount TO So, 900.
CREDITORS MkETlNGR
A meeting OF the creditors OF Paul ZunZ Il Co.. i'm.
portcrs aud dealers IN plate glass At 10. 81 Barclay
Ketchum, act the offer OF composition twcnty-
i've cents the dollar ia tourmonth smo Astatement
OF the condition OF the firm Was presented. showing
liabilities oil $94 800 49, and actual assets, Sl3l
and Mr. Calm, one Of the partners was subjected to
long behalf OF the opposing creditors
lie testified that on January !, 1877. the firm
sound dollar but afterward on repeated question
ing SAID that this knowledge was derived from tho
balance sheet In winch he had full faith. In refer.
ence the notes given by Paul Lunz individually 10
WeIter Co, aud Grecnbaum 4 Co., no testified that
no (lhe witncss) subsequently, gave frm notes IN
to them tor about $25 600, did mako
any entry on the regular firm books he also ad.
mittcd that the dem had speculatcd In gold No
reached on tho composition, and pending the
animation the meeting adjourned.
William Is. BURNETT Manufacturer OF brushes at No.
81 Fulton street, made au assignment yesterday TOR
the benefit Cf his creditors to Thomas f. Wentworth.
He has been In business many years, tho drm being
formerly Williatn b. BURNETT Sou, but recently he
became embarrassed, judgment tor SI, 342 IN favor
oil s. Samuels, WAS entered against hun few days
ago and the Sheriff took possession He had some
property the Boulevard winch ne sold last Decem.
Der Tor $l2 0U0 His Liabilities are estimated up.
ward OF s25 900, large part OF which Is Tor money
loaned him.