The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1878-03-21

mast two or three years it is stated
that they have had bad luck in many
of their speculations, and their cash
was largely used up. They had strong
friends in the trade, and at the be-
ginning of the present year they
were regarded as one of the unsolved
problems Of the trade by Bradstreet S,
and their means rating was with
drawn.
J.C. KoHLsAAT's SONS.
John w. KOhlsaat and Charles W..
Kohlsaat, Sons. importers of fancy
dry goods at No. 478 Broadway, made
an assignment yesterday for the bene-
fit of their creditor to Mr.. John II.
Draper. The house was one of the
leading and Oldest in their line OF bus
mess. and was established forty years
ago. They stood very high and al
ways enjoyed an excellent reputation.
Their credit rating was very high,
and in the trade they were estimated
worth from 100000 to $3.50, 900. The
firm was formerly Kohlsaat Brothers,
which was dissolved in 1867 and be-
came J. G.. Kohlsaat & Sons, and upon
the death of Mr.. J. C. KOhlsaat, In
1875. the house assumed the style OF
J.C.Kohlsaat's Sons. The immediate
cause of the suspension was the fall
ure of their European bankers, James
w. Tucker & Co., Of Paris. Drafts
came upon them which they could not
meet, and not knowing the extent OF
their liabilities in that direction they
hn host infQrACtC OF
their creditors to make the assign
ment, in order to give them time to
ascertain exactly how they stood and
to adjust matters. Their liabilities are
in the neighborhood of $4,000, In
GLIDING merchandise and other In
debtedness, but no exact figures can
be given at present. Nearly all OF
the merchandise liabilities are in Eu.
rope. where they purchased the great
Ell part of their goods. and there is
| yery little owing to merchants in this
i city.
| F.. BOYD Il CO.
The failure of F. O. Boyd d CO.
commission liquor dealers, at the
corner of Broad and Beaver streets
was announced yesterday, and during
the day the members OF the firm
Francis O. Boyd and Edgar 7: Hill
made a general assignment OF all thell
property for the benefit OF their cred
itors to w. A. w. Stevens. The tlrm
succeeded Boyd Brothers & Hobso II
1874, and obtained great notorlety fol
their alleged connection with the
"crooked whiskey frauds They
were indicted in May. 1876, the courts
alleging that they failed to enter in
books the receipt or delivery OF Ger
tain packages of whiskey, as required
by the revenue laws, but the govern
ment failed to make out case IN the
trial before Judge Blatchford. and q
verdict was given in their favor and
the criminal indictments were nolle
prosequi. The costs of the defence
were very large, the fees, etc, being
reported at SIS, 900. and this seriously
crippled them; their credit was weak
ened. and they were only enabled tC
DO business On Change where they
put up margins. One OF the partner
said Yesterday that he could not tel
at present how the affairs stood, as ev
erythinr was in such a chaotic cOndI
ton he had no idea of the amount o.
the liabilities, but in the trade they
are believed to be small. Judge
ments for SIS, 1858 were recently obtain
ed against them. one being III favor OF
the First National Bank of Chicago
for ST., 786.
WILSON 4 GREIG.
A petition in bankruptcy has beer
filed against the firm of Wilson 4
Greig, dealers in dry goods. at No
III Broadway by nine creditors
whose claims aggregate S3l .264.54 as
follows:-Horstman. Van Helm &Co.,
So, 443 81: Louis Frouke, 1886, go; Hen
nv Vanderhorst. 81. 369.39 Mary S.
Good, ST 900; S. b. Robinson 4 Co.,
S7l3,l4; Messrs. Watson, Sl.S58.3S
w. r. Turner, S5,65I.5o Lizzie
Shields, $3.50. All of thehbove claims
are either for goods sold or for loans
SEEKING A RECEIVER.
| Application was made before Judge
Gilbert, of the Kings county Supreme
Court. yesterday. for the appointment
of receiver for the Long Island Rub
Der Company of Setauket. l.. l. 1t Is
alleged that the company has assets
amounting to S61 900, with floating
debt of $4,000. The present legal
proceedings are said to be the result
of quarrel among the stockholders
of the company. n number of law
! yers from Suffolk county were present
who represented parties interested
Counsellor Stoutenbough stated that
Mr.. Joseph Ridgeway, a wealthy gen
tleman of Port Jefferson. was at pres
ent acting as receiver. and 1t was tn
wish of a number of stockholders tc
have appointed receiver by the court
1t was claimed by another lawyer that
fully three-fourths of the stockholders
were opposed to such action. who
thought it was ill advised. Had ii
not been for the legal proceedings
he said. the floating Indebtedness
would have been paid by the present
time. for when they were begun fifty
per cent of the stock had been paid in
Justice Gilbert stated that in case he
he should appoint receiver he would
be one with trustees powers. to carry
on the company's business. and not
one who would swamp the assets OF
the concern. Upon the suggestion OF
V,,l-o S-~;s1, ~r-,c 1of