The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-05-29
BUSINESS TROUBLES.


RUPTcY-cREDIroRs MEETINGS
A petition In bankruptcy has been lied against
Sheridan Poole. manufacturer Of clothing Nos. "a
and 81 Duane street. by four creditors, and order
to show cause Why he should not adjudcated
bankrupt has been made returnabe on June l. The
CLAIMS OF the petitioning creditors aggregate
so. ga 06 and are follows:-John B. Ellison &
Sons. OF Philadelphia, s3,2l3 81; Joseph Bryan,
$l.049 81; Wesley W. Jones, 81, OLA 35; John Fin
lay Co, s946 80. Nj. Poole has been in the cloth
ing business sinco 1885 and manufactures for the
Western trade, having branch house in Chicago
which was formerly carried under the OF G.
c. Collins but the partnership dissolved Feb
ruary Mr.. Poole continuing. He was formerly in tho
retail business NO. 1l6 Fulton street, tho style Of
the arm being Sheridan Psolo & Co, which was dis
solved May II, 1875 He had a capital OF about
$50 900 in the business His liabilities are about
S22 900. He said yesterday that settlement was in
progress at thirty cents the dollar, but owing TO
disagreement among the creditors, some Of them had
ned the petition 10 protect themselves against tho
others and that It wouldb o Withdrawn.
Edward Haighs, Jr. stock broker, has llcd vtiuu-
tary petition in bankruptcy The total Liabilities
amount 10 $50 1893 49, all Of which contracted BY
the late 4rm Of Edward Haiyht Co. and are nearly
all old debts There is $l2l69 10 due on balance Of
account for money deposited with the late firm, and
three Judgments against him, aggrcgating sl07sl 49,
and most OF tho creditors hold promssory notes OF
the late firm past HIS assets consist OF three
lie nsu rance policies favor OF wife tor 200
and . gold watch and chain valued NJ $50. Among
the creditors mentioned in the schedules are the oi-
lowing:-A. y Stewart Il Co., $l9207 ", baiance duo
gold account with tho late firm IN lS7N 1872 aud
1873; Mrs. Caroline b. Wright, s76lS 81 George Ash
sy AS ss a. Oil J. Taylor 81 40 hn0s w'''
thomas Il. Chambers and Maynard H. Chambers,
.ipUt hn Arm nfT mar bera ~
lecturers OF pianos, at No. 800 Fourth avenue
No. 221 East sixth street, nave been adjudi-
Gated voluntary bankrupts on their own petition by
Register Kctcnum. The Arm liabilities amount 10
$l.593 OF which 81. TOO are secured by chale mort
gage the pianos and material There Is due
SLOTS for material 81 100 for rent, 81 800 Tor money
loaned for no vcrtisug $780, The assets consist OF
mortgages The following are the principal cred
itors: BULBS Head Bank 81 500, secured East RIVER
National Bank, sisoo nr Wake, 81 zoo secured;
walter Storm, tea broker At No. 81 Wall street, has
been acjutcaed an involuntary bankrupt on the
petition OF eight credtors, ana the case has been re-
ierred Register Dayton 10 take further proceedings
$43 AT rs, and are as tollows:-Zpha $. Storm,
$27,o50; Alexander Boumeiic, So 500; Dusenbury
Co., $1,000, John Middleton Co, s675 "; A. $.
Storm, SSH; Binger, Huriburt a. Livingston, s4oO
All the claims but ono are tor money loaned 10 him.
APPLICATIONS FOR DISCHARGES
Application made TO Register Day ton yesterday
by Joseph West Bradley, formerly OF the West Bradley
bankruptcy. and as there was DO opposition on
the part the creditors his petition will be granted.
Before Register Fitch yesterday the application OF
Douglas L. Wnue OF tho late arm OF White. Barnard
Il Page Tor his discharge from bankruptcy was OPP
posed by the Harlem Bank, Alva Meeker and Henry
Richard, and the usual time was allowed 10 file spec
ncationx
Dwight yesterday tor his discharge from bankruptcy,
and there opposition on the part OF the
creditors his petition Will be granted.
MEETINGS OF CREDITORS
meeting OF the creditors OF Lippincott " Des-
mond, butchers oi West Washington market, was
held yesterday at the Office OF Register Little. The
schedules presented showed firm liabilities Of S23 900
aud Individual liabilities OF 81 GA Fourteen claims
were proved asGrsss.lns aoo1. $500 q wnss o Se
W. H. lppincott, SAB 9S; David Wnixei,
sl9o7 90 Meyer ~ Friend wa. slec,. %, assignee.
lister Little and eis:,sd John II. Pia.t assignee IN
Dmoansnsi 10 sbou. $4,000 but only three claims
were proved, asgregaiing $40. 26s 81, as follows =
eriy 60 Henry van A1saao $500 1
At q meeting OF the creditors OF Joseph l. King,
held yesterday a. The Office OF Registe Fitch scned-
ulcs were presented showing liabilities amounting 10
S505Sl IS. Two claims were proved by Elizabeth T.
King, s25. 600; John NJ. King, $1,000; ana James
meeting Of the creditors Of Arson r Pond, bro.
kerr No. 40 East Thiryiourlh street, hold yes
terday tho Office OF Register lAttle The schedules
presented showed liabilities amounting 10 500 $50 50.
ana four claims were proved. nsgresat,ns
David L. Embrugh, SIC. 445 10; Jonn d. Prince l. Co.,
So, 900 rs; French 4 frvers, $2O5 81. J. Adriance
Bush elected assignee In bankruptcy.
A meeting Of the creditors Of the McNab Harlin
Man ufaciuring Company was held yesterday al the
otnce OF Register Dwight 70 act on the offer Of CON-
position. The company submitted a complete state
mont OF the liabilities aud assets showing unsecured
debts. $lss4 63 secured, 500 800 as contingent.
ST. 224 II, nominal asscs, $50, sos 5l actual as
sets $l26 ASS So The composition proposition pre-
scned settle al seventy hive cents on the dol
lar In notes extending from three mouths 10 throo
years in twelve instruments No conclusion was
reached ana at the request OF a number OF the cred
tors the nation OF MIR. John Karin was ordered
| pending which the proceedings were adjourned.
| In the Court OF Common Pleas there was hlcd
yesterday the schedules the matter OF the assign
nent OF Esther Meyer to Isaac Vol. The liabilities
are stated ut So l41 &C. nominal assets at 3l2 6l
and roal assets at 1854 80
Judge Choatc, the United states District Court In
Bankruptcy, yesterday denied motion for order
Tor second meeting oil tho creditors OF Charles In-
| field. He said II appeared that the bankrupt had
assets amounting to S. COS, and offered composition
| OF per cent OF his pdebts, which amounted 10
sl2 O:3 the entire amount beng unsecured. Two OF
the creditors voted NO." and 10 allow II would
be, hc held, abuse OF the statute and no court
would allow It unless It was actually consented 10 By
| every creditor Under these circumstances u second
rncolipy see CT useless