The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-05-02
BUSIN ESS TROUBLES.

FAILURES, PETITIONS IN BANKRUPTCY AND AS
sIGNMENTs--C CREDITORS MEETINGS.
Tho failure Of Pendergast Brothers 4 Co, shipping
and com isson IN merchants al No SO Beaver street,
was reported yesterday The 1rm is composed OF
James y. and Charles H. Pcndergasr and mas been in
business Tor many years in tins city and Baltimore,
the New York house having boon established 1851.
They been embarrassed for some time past and
they allowed their for about SIS 900 10 30 20
protest. Their business has gradually diminished
and Is case OF "dry rot MS the trade term II. Their
troubles are partly ascrbed TO the failure OF r. W.
Adams & Co. lumber dealers, from whom they pur-
chased lumber, giving their notes IN payment of
late years, Is SAID, they have purchased lumber,
giving their and then getting advances on the
bills OF iadng; they have shipped the lumber to
Brazil and returned with cargo OF coffee, doing the
business in tho OF frsighera They nomiaally
own three barks. including the Fairy Bell and James
+. Pendergasl; but they are not IN their own name
and sail under foreign nag Their liabilities are ro-
ported al about $S0.0oO and nominal assets. me
Office was kent locked yesterday.
Register Fitch has adjudicated Thomas Gearty, con-
tractor OF No. b32 Third avenue. a bankrupt on his
own petition. His nabtics amount to about $460, 00o
OF winch $4l3 1876 secured The principal secured
creditors the estate OF Henry Leger, $780, 800;
Oscar Backus, $4,000; Henry Wiener. $685.
James SAKE on. $4,000; Merritt Trimble, trustee,
s2i 600; Lewis Wiener S2l 900: Em,graui Industrial
Savings Bank, $4,000. Among the unsecured credi-
tors the New York Savings Bank $220 600. and
William Ryan, S. 2l4 "a. Tue assets conssl oil three
vacant lots IN East Foriy-nnth street, valued AZ
$4,000, mortgaged and IN foreclosure. Roger A.
the Marine Court.
EDWARD p. steers, formerly OF the Arm of Steers Il
before Register ketcnom, the total liabilities
amount $500 OPS o. OF which $685. 800 secured
sos a 90 Sr ua On aso
bankruptcy the largest secured creditors are The
Equitable Life Insurance. Company, s77,9oO; David
Babcock $780, 000 executors OF Moses Camp, deceased,
$4,000 Among the unsecured crednors are:-Jonn
Ross, $i6,557 81; receiver OF the German Uptown
SAVINGS Bank, $1,000; receiver OF the Manulaclurers
ana Builders Banx, 1928 70; Chatham National
Bank, S. 345 10. He mas no assets except what are
in inc hands OF Alexander Cameron, VINO was sp-
nointed receiver OF the firm There has been dis.
irDuon made TO the creditors, and the property IS
matthew Byrnss, Jr, and william J. Byrnes. build
ers, have 6ied separate petitions ~ bankruptcy,
although nearly tho whole amount OF their Liabilities
were Jointly contracted and about 500 0O0 Mat
thew Byrnes ST., IL creditor Tor $90,5o4 "a, money
loaned, and Ambrose C. KingsIand 4 sous have
claim for 81. 00U The assets are merely nominal con.
sisting OF about $50 cash ana debts due, s65s4
The liabilities OF Arson p. Pond, broker, VI No. As
Eas. Thirty street VINO nas a ns sln = pe',%n ~
nearly all results OF losses BY speculation IN Wall
stree: He mas no assss se Among 0 D.. creditors arr
Co.. SIT co. 81; D. b. Van mburgn Co., $40 $40 "A;
j. D: PRINCE Co, sa,sso 2si G :. Osborn Co..
Jr, 81, ESQ; ". r. Travers, $500.
REGISTER Fitch has adJudca,ed Marks H. Julian,
dealer IN fancy goods. ~ No. ~ Catharine street.
voluntary bankrupt his own petition. His liaDiIi-
ties amount TO about SIS 600. distributed among ITO
creditors, and he has no assets.
George Moore, agent, No. 2iS East Forty-ninth
street, has been adiIdicatcd a voluntary bankrupt
before Register KeIcnum. His debts were con-
tracted auring the pact ten years, which amount 10
about $l1 600. He mas no assets.
Register ketchun has received voluntary petition
In bankruptcy by George IL. Bartes, produce mer-
chant OF NJ. 25S Washington street. who has iiabil
tiles amounting 10 $500 and assets, 81, sos 49, In
possession OF q. X. Street, assignee
The schedules ~ the matter OIL the assignment OF
George Gouriay, shirt manufacturer, TO FRANK Lewis
we're fled yesterday in tue Court Of Common Pleas
The liabilities stated AZ $50,l77 SO nominal assets
NJ SlS, 1856 49, and real assets ~ $ll, 1876 28
There also filed In the same court the schedules
In The matter OF the assignment Of Charles L. ID.
Spahon, coal dealer, IN East Twenty eighth street.
to Nicho las H. Fahrenhoiz The Liabilities amount
$i0,734 Oh, nominal assets to Sl0,Sl3 So, and real
assets 10 "a, bS0.
day the asslgnm eut OF George Ebbinghoussn and
George A. Wiamayer, comprising the firm Of kUblng-
nousen x WIdmayer, 20 Henry WidmayeE
At meeting OF the creditors OF Flangan Co., dry
goods dealers at No 629 Eighth avenue. held at the
ofte Of Register Fitch, composition OF twenty-five
aud u halt cents the dollar endorsed notes at
Two aud Jour nom tbs Was accepted. statement Of
the condition OF tue nrm was submitted, showing
gross liabilities 500 1875 III. OF which secured
54 assets appraised value, SIS 800 ~ oil which
So, $40 50 Il IN STOCK
The creditors Of Wilson II. Blackwell, real estate
auconeer lac OF No III Broadway, met Al the office
OF Register Fitch and elected James w. Harrington
assignee bankruptcy. Tho Liabilities are $l5, 5u0
ana no has no assets