The New York herald., 1878-02-28
BUSINESS TROUBLES.

THE ArFAIBs OF M'rSrYRE AND roRIAs-NEw
ASSIGNMENTS AND BANKRUPTCY PROCEED
INes.
The examination Of the Affairs OF McIntyre Tobias,
wholesale butchers at the foot OF West Forssh street.
before Register Little by Mr.. r. s. Newcombe, which
has continued for several days. has developed some
curious facts. II appears from the testimony that
Mr. Mcintyre Induced MI Tobias TO 70 into partner
ship with him In MAY. 1877. representing that ~
had a capital OF from $40.O00 TO $4,000. After three
weeks experience Mr.. Tobias discovered that instead
OF any capital Mr. Mcintyre owed between $50, 900
and 500, ,000 Mr. tobias applied for receiver, and
William Best was appointed. Subsequently, on the
petition Of the creditors tho hrm was acjudicated
bankrup,s, with Liabilities amounting to $lo0. 900
anu nominal assets OF SIS 900. from which nothing
has beon realized. IL admitted by Mr.
McIntyre and his bookkeeper that after the proceed
ngs bad been commenced they collected tn
$l4 900 bslongtug TO McInsyrs Tobias and used tho
msucy in the business carried on BY Nj. AeIntyrs In
the name Of William Carr az successor to the nrm Of
McIStyre Tobias. They both testified that balance
OF $1,000 $4,000 had kept by them In the safe.
70 and receive It he informed the money was
gone Endeavors were made TO ascertain tho name
Of the parties from whom money WAS collected. Mr.
Mcintyre testified that bis bookkeeper kept small
book In which were the names Of the parties aud OF
the amounts paid Tbe bookkeepcr upon beng ques-
toned said he kept any such account In small
book any other book, aud could give the names
of parties from whom the money had been received.
At the time Of tho assignment Mr. Mcintyre owned
five tenement houses IN Fortysix,h street. near Tenth
avenue, and since the Adjudication the rents have
amounted 10 -, 500. Inquiry being directed as TO
where the rents TO Mr. Mcintyre said he did not
know; the rsnts were collected by ms mother and ne
did know what sho did with the mouey and never
asked her but he received from time TO time from her
ABOUT 81, 600
William H. Tice, dealer in boots aud shoes at No.
1852 Beecker street aud Myrtle avenue, Brooklyn,
MADE assignment yesterday Tor the benefit OF his
creditors to stephen Pell. His liabItes amount 10
about $25 900, nominal assets about $l0 600 and
the real $4,000 He will enaeavor 70 ei-
iect settlement with his creditors ~ twenty cents on
the dollar.
Register Fitch has called meeting Of the creditors
OF Kate Claxton, the actress to oe hed on March ~
to prove their claims and elect assignee in bank
ruplcy.
Al meeting of the creditors Of John Jacobs, gro.
Ger on Slxtn avenue, held ut the olhcc Of Register
Dwight the assignee submitted his accounts showing
surplus available tor dividend feight per cent TO
such OF the creditors as proved their CLAIMS twenty.
three claims were nlsd, amounting 10 81 s44 Is, and
the dividend WAS ordered paid The bankrupt
thirty the dollar but ailed 10 meet the pay
ments when due, and the assignee then TOOK charge
OF the estate.
George Webster Peck dealer IN hardware at NO. ITO
Chambers street, VINO made sn assignment recently,
has completed the inventory OF his affairs showing
liabilities amounting to $9,296 and actual assets
$1,78l.
EDWARD @. Keys grocer at No. ISL Third avenue,
who made assignment toI the beneat Of his cred
iors, liabilities amounting 10 S4bS4 ana actual
assets 81, 67S.
AZ q meeting OF the creditors Of Church Sprague,
hardware dealers ~ West Merden, Conn, held NJ the
rooms OF The Hardware Board OF Trsae, No. Warren
street, committee Was appointed, consisting VI =.
g. Dow, h. b. Nswhall, Is. f. Harrison and J. S.
Bradley, TO investigate the affairs OF the ArnI.
statement submitted showing liabilities amount
ing 70 $23, 900 and assets $l5, 900.
The schedules OF Charles II. Morris, pickles, OF No.
173 Duane street, hled yesterday, showing abi
tics Of SS566 and real assets S., 800 Tie business
anxrs here but his connection with the firm OF Morris
l. Archer, OF Mxmaroneck, Westchester county, made
~ necessary tor him TO make An assignment 10 pro-
tsct his creditors here The nrm Of Morris Archer
made an assignment IN Westchester county to George
+. De Maine.
In the matter of the application OF Berry Heiser,
former brokers Of Jay Gould, Tor their discharge from
bankruptcy before Register Fitch, the examination OF
Henry A. Hesor Was yesterday adjourned until March
90 the time 0l the Rockland National Bank to nle
specifications In the was also extended 70 the
same date.
Frederick r. Falconcr and William Il. Brewer,
composing the firm of +. X. Falconer Il Co., whole
sale liquor dealers At No. ~ Warren street. made
assignment for the benefit o. their creditors 10 John
McKcnzje. rhe liabilities amount TO about $40, 900
ana assets 0O0 They expect 70 obtain favorable
settlement from their creditors The arm succeeded
John g. FAiconer, deceased about three years ago.
Tho cause OF the failure is the general financial
strinsency and losses by bad debts.