The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-09-08
BUSINESS TROUBLES.

JOSEPH srINLH's SCHEDULE OF LIABILITIES
PETITIONS IN BANKRUPTCY AND oTHLR
MATTERS.
Joseph Stiner tea merchant, has consented 10 an
adjudication in bankruptcy aud the matter has been
referred Register Little who has called meeting Of
the creditors TO be held on September 20 Seven
creditors united IN the petition against him, their
claims aggregatng $5l, III IS. as foilows:-Hannsh
suner, sS4 O64 85 A. A. Low Brothers. 3,242 Is; B.
G. Arnold Co., $3.50 "a; havemeyer Elder
$50 SO; Bowie, Dash Il Co., 81 1888 OF; Decastro
Bonner Sugar Refining Company, 500 rs; Joseph A.
Gillet, s., FOG 49,
The petition Of Granville Whittiesey, OF the late
firm OF A. q. Wheaton Co., has been referred 10
amount Of So $500 but this does not include liability
on note for $4,000 made by the nIm. He has no
assets. The largest creditors are J.. TowIse
So COO; George Ferry So 200; Rufus Lamb, 81 00O
The schedules o! James w. Clarke, OF No. ~ East
Sixtyiourth street., referred TO Register Ketchum,
assets.
Register Flch has had the petition OF Anton Moi.
ler broker at No. "a Liberty street. referred 10 him
The liabilities amou TO $22 O00 and there are
sets. Among the creditors arc Chr. EgIin Maring,
So, OFT schuster Brothers. 81 German American
Ter, s.. 400
a petition in bankruptcy was fled aaainst Darius
Trust Company, which will be argued on tho l7th
inst. for adjudication Four creditors unite IN the
Sr mous s4'%s as
Shannon, tor money advanced. $500; RedGeid Hill,
for professional services $500; Livingston Jones,
promissory note, 1898 SO.
Twelve creditors OF Herzig Brothers, dealers In
iurs AT No. 50 Mercer street, Hlea petition 10 have
the firm adjudcntcd banKrupts, anu Judge Choate
has designated September the date which the
adjudication VIII be heard. The petionng creditors
represent $66,o75 tho largest claims being Tho follow
ng:-Julius Adler, $27,36l 81; Carrie Herzig,
$4,000 SIS; Morris .. Herman, $lZ,932 II; B. Her
MN, 5000; Herman Lowenstein, Sl,sll 80.
Register Little has had the petition OF Orvilic Oddie,
broker ut No. 30 Broadway, referred to him. The u-
btes amount 10 $lS, 6V0, and ho has no assets Tho
: $780, james E. Maxwell s4'0' T. B. Wallace Co.,
Whitney L. Co., wholesale dealers in boots and
shoes at No. 3l2 Broadway, have commenced compo-
sition proceedings, before Register Dayton, Tor set
Element al sixty cents on the dollar. part cash ana
part time, and meeting or the creditors has been
Their liabilities amount 10 $lJ2, 500.
Henry A. s'adler, dealer 10 sas nx.ures at TIC cor
assignment yesterday TO RandopD Gregeenheimer Tor
the benefit OF his creditors Mr. Stadier mas oeen In
business since 1857 und had good reputation HIS
failure ascribed losses de and deDrecatons
HIS liabilities amount 10 about $40 000 and his assets
ment three preferred creditors are namedTFr
Mari, 1881 o.; Fred c. Marschall $ll25, and Kath-
crime u. Stadier, $60l 43.
IMPORTANT DECISION IN COMPOSITION CASE
THE RIGHT OF CREDITORS TO EXAMINE THE
DEBTORS
In the matter OF yanderhoet & Beatty the debtors
attempting TO carry composition before Register
Dwight Certain OF the creditors, who were conduct
ing the having concluded not TO proceed
further other creditors expressed their desire to pro-
coed with such investigation. Thereupon the Regis.
ruled that such application came too late held
that he had no right or power 10 permit any exami-
nation by any other creditor Au appeal was TAX en-
decision to Judge Choatc, who has rendered
the following decision:-
$50 far Tho Register said that he had NO right
power 10 allow The extmin nation requested on behalf
OF Mr.. Vombaur think DO was in error. The crcd-
should be allowed iuil and inir examination
but II the Register is satisfied that the ID
merely Tor delay, or II Is needlessy protractsd, he
may his discretion check 1t or limit the time whom
IL shall be closed. l see no obJectonto ono creditor
proceeding with examination commenced by
other that examination IL incomplete or leaves
matters that way. II the creditors voting the
desire an investigation at any timo be.
foro the meeting Ii closed It is cOmpe-
tent for the Register 10 allow any crcdnor
carry such examination, whether he applied at
shall be satisfied that tho delay applying making
the examination Is explained. Tho fact that other
creditors wero conducting an examination In appar
entity earnest opposition and examination OF the
debtor, and suddenly ceased without apparent cause
would my judgment be IN itself good reason for
allowing another creditor continue the
thus left Incomplete. Tho Register must exercise his
discretion giviug all the creditors chance
discover the state OF the debtor's AFFAIRS yet pre-.
venting unreasonable delay and nero obstruction of
the proceedings"