The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-01-08
BUSINESS TROUBLES.

n RAIDER son, dealers IN tobacco, at No so Beaver
street. have been adjudcated voluntary bankrupts be-
forc Register Little who has called the first meeting
OF creditors be held January 10 The total ls-
bitics including copartnership and Individual,
amount TO $3.50 O0O OF which $l44 900 are firm liab
ties The secured creditors OF the arm A. II. Car
dozo $50 000 Pollard, Pcttus Co.. So 1858 3d. Charles
+. Tagg Son, $4,000; NJ. Ahenheiln Co., So, 600.
The following are the principal unsecured credltors:-
Mrs.. R. RAIDER ss7s7a 20; p Remsen, 1000; George
H. staynor ST. 6O7; Oltinger Brother. So 3S2 Al A.
Oatman, So, 49, The assets OF the firm consist of
thirty-seven lots and house at Fort Washington,
valued $76 600 and subject to mortgage Of $50,
two lots on Broadway valued at $4,000, with
gage OF So OO0 lots Maggie valued at 600
subject 10 mortgage; patent for Improvement
in cigar stands, value unknown; debts due, $500
Office fixtures, 500 The individual liabilities OF
Louis g. RAIDER amount 10 about $4,000 tho largest
creditors beng John II. Simonn. $4,000; Aaron Ii.
Rathburn, Sl6,4e0; Eclectic Club $3.50. The assets
include I'VE shares OF the Keeey Motor Company and
One.lourth interest IN $40 shares OF the Riverside
Land Association, OF seacaucus, N. j.. valued at
$4,000. Mr.. Max RAIDER has no individual indebt
edness.
George NJ. Woodward, manufacturer Of pumps at
No S3 Centre street and formerly OF the Woodward
Steam Pump Manufacturing Company, has been ad-
Indicated bankrupt on his own petition by Register
STA, 900, and there are no assets. Mr.. Woodward
fu led about two years ago, but secured compromise
long time notes Among the largest creditors are
Isaac Henderson, $50, 900; Charles III. woodward,
$3.50 o.; Thomas 4. Iasker, Jr, and stephen p NJ.
Iasker, -, $40; German,a Bank, S7,SlS so; East
River National, s5,67o p; Nassau Bank, $4,000:
Ninth National Bank, 3,l30 03; Eleventh Ward
Bank, $lO33 SO; g. NJ. Rowe SO, $40; RoUert Greaves
x Co., So, 600; George W. Alexander, $4,sS6; James
L. Libby, 81, 500.
rho failure OF Sutton, Clark H. Halsey, jobbcrs In
wooens at No. SO Lispenard street, Is announced. A
member OF the firm stated that the suspension
very unexpected and he was not IN position TO give
the ex amount OF either the liabilities assets. 1t
Is stated however, tibet the liabilities will not exceed
SIl, CO., with assets valued at about ST, 000
A meeting OF the creditors OF Leopold & Louis
J lrosaw ski was held at che Office vi Register
Ke,chum and John A. Plat was appointed In
bankruptcy.
A meeting OF tho creditors OF Michel Brothers,
dealers IN millinery goods at No. sos Broadway, was
held at the Office OF Register Little. statement OF
the condition OF the firm was presented, showing la
bities amounting to 800 900, and accompanied by
offer a compromise at forty cents on Tho dollar IN
notes at SIX, nine, twelve and fifteen months rwon-
ty-nine creditors proved their claims, amounting 10
over sl2 0o0 the largest being the following:-Bcn-
janin Creighton Co., 81 ss8 60; Mettior Brothers,
S. ISL So Ely Little, ST. SOS So Pothier, 81 6l3 So
Before reaching any conclusion an adjournment was
allowed 10 the responsibility OIL the indorscrs
In the Office Of the County Clerk there was hed IN
nsovent assignment by Chambers Co to George
w. vcnaoc; also an assignment by Josiah Frankiord
TO Emanuel Lowcnstein