New-York tribune., 1878-04-16


large portion OF the liabilities account of ac
cepauces OF the drafts OF POlcudO Rlonda IL Co.. and
S3l54G0 80 Of the nominal assets are sums due from
that firm.
George W. Bass tt & Co., wholesale dealers and i'm
porcrs of crOcery, at No. 81 place, have called
meeting OF their creditors. The rm liabilities re-
ported at from 100000 100000, and the individual
liabilities OF George W. Bassett reported at about
100000 Mr. Bassctt was an extensive operator out
side Of the III ms business and Is the WEer or tho Glen
ham Hotel on Eifth-aye., near Tweny-irst-St. He is
also tic owner or the building and four lots which eX-
tend thrOdgh IRON No 81 Park-place TO No. 40 Barclay
st. mOrtguaed for $4,000 to Alexander Dearborn, Of
The firm was endcayoring to sell its business. The
creditors do not think she assets VIII realize over 80
that the firm had not suspended yet but bad led the
meeting Of creditors to submit their affairs TO them
The suspension Of r. L. LeggeC, wholesale grocer, at
Nos. 70 aud 81 Parkpace, was announced yesterday,
ami nc made assignment, in Brooklyn for the benefit
OF his cred tors to Abraham Hatfield. The suspension
entirely unexpected ana IS the result OF the depre-
citation values and losses in trade The liabilities are
about 100000 and the nominal assets, valued at $780,
OOO consist of merchandise, open accounts and hypOhc-
Gated real estate.
wholesale dealers in hats and straw goods, No. 500
Broadway, has completed his investigation of the ac.
counts o tlc rm, aud finds the liabilities 10 be Sl92,
600 nominal assets, 1925 600; available aSsets 500,
600. Composition proceedings have been begun for a
settlement az 10 cents on tho dollar
Notice was received at the stock Exchange yesterday
morning that LWcrmOe Co. were unable to meet their
account follows 600 Chicago and Northwest
crn 200 shares Chicago and Rock Island; 200 shares
aware Lackawauna and Western; ; 200 shares Lake
shore 100 snaIes New-Iork CentIali 100 shares st.
Paul common 200 shares 81. Paul, preferred William
h. LiyemOre, the senior partner WAS formerly con-
ncctcd with the house Of Cews Liyelmore, his uncle,
Robert Lyermore, being the head Of the house few
years ago William T. LyCTmOre started IN business on
Broad ST. his uncle putting IN the capital. About two
yeal. ago the firm or LycrmOre Co. formed, with
William f. IycrmUTe and s. {. Selden partners. Mr..
IiVermore said the suspension due TO failure of
their Gust toners respond Mr.. Selden states that in
less than hour after their announcement was sent to
the stock Exchange rcmttances came In which would
have all their liabilities The firm expects TO resume
in % few days
Gould H. Thorp & Co., OF Nos. 100 and III Broad-st,
provision brokers, announced their inability to meet
their obligations, yesterday. Offers Of assistance from
members OF the Produce Exchange were declined Mr..
ThOrp SAID hat his suspension was due to succession
occurring during the past two years, through
failures. The firm lost $4,000 through the
flight OF James kingan who afterwaFd COM
mijtcd suicide IN Nova Scotia. On Saturday
Mr.. Thorp called upon two OF his customers
for margins. when were not forthcoming, and rs the
finn did not to make any new obligations loan,
II decided to suspend until such time as arrange
mcuts cOTd be made TO resume business Mr.. ThOrp
thought matters could be arranged in day or two He
placed liabilities at about 100000 The amount OF
assets will depend upon the response made by their
customers Tne business was established nearly twenty
hye years ago.
Au assignment for the benefit OF creditors fled
yesterday, by James d. Stelie and Harding s. Horton
IStc. 4 Horton, feed dealers, No. AZ Weststl 10
Arthur L. Searles.