The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-07-26
BUSINESS TROUBLES.

Nelson Clements broker, OF No. SO New street, whe
is in bankruptcy before Register Little, has died hbs
schedules showing liabilities amounting $37 0ot. Of
which s67 600 secured The secured creoilors are
Henry Taylor, s25 900; estate OF nry A. Taylor
$500; estate oil A. W. Geeenleai. 81 900; A. Vas
Duser. SIS coo; NJ. Moore, 5000 The "a ipai uusss
cured creditors are the fo,Io~ins:-w. r. Barnes
G. ). Clark, sl2,6lo s5 Cornelius R. Garrison,
S. las &C; De VIII c. Wheeler. SO QUO; j Inn p Jones'
SIT 900; simon DE vi ser S. 25o FIR ncisco
Y,urs, S. 100 o6; Cecil Stout rnayer, IS l7s 22i
Patt X. DicAinson, $500; Howard u Dickinson,
So, 100. He has no assets.
Tne failure OF W. L. Dnlono Il Co, man utsctursrs
OF paper bags No. o5 Barclay street. is announced.
with liabilities unsing to &30vO and assets $500.
An assignment for ths benefit Of the creditors was
made yesterday 10 henry Morgenthsu
Philip Barnard, manufacturer Of shoes. At No III
Chambers street, has failed ana yesterday the Shen1
sold his stock for SIS His Liabilities smount -
1000, the judgment creditors being N. Goldsmith,
81. 524. and n. v. Is. Smith, sl24. He has been in
business for year, starting with capital Of 49, 500.
and recently burned out.
Tho Chase Manufacturing Company, manufacturers
OF pipe cutting machines IT No. l22 Front street. has
become embarrassed, and three Judgments, amount-
ing S. $50 SO. placed In the hands OF Deputy
Sheriff AcSpedon. rasy were returned upsatlsnsd,
as no property could be found. the company was
erganized under tho laws oil the State OF New YORK
la January, 1873, tho authorized capital being
500, 900, which issued for tue payment Of
The financial embarrassments OF Thomas Il. Foran,
builder, at No. $50 West Filty-hrst street, have cu
minated Ia numerous Judgments beng hed ayainse
him, which the hands OF Deputy Sheriff Re.ily.
He extsbsve speculative builder ami succsedsd
the nrm oil Foran " Cunningham March l5 1871 as
suning the debts bonds real estate OF the
hrm He also II roa estate business. the 1rm
being Foran n Brown. Among tue Judgments en-
tered against MIN are the following Grand Central
Bans, 81 $685. William A. Butler, $l973; d. j. Sad
her. 81, lS7, aud r. Z. Coron, $592 The Sheriff mas
been unable ~ ind any as,eta .,l
Alfred J. Dekersou, nephew OF ex- Governor Tidens
formerly OF the late arm OF Scott Dickorson, deal
trimmings A. NO ll2 Grand street, applied 70
Register Allen for his discharge from BANKRUPTCY,
and there was opposition the part OF the
creditors his petition win b. granted.
A meeting OF the creditors OF simon Noses cattle
dealer OF No. 3D. East Fiteth street. was held yes
terday At the Office OF Register Little aud all the
creditors consented To The election oil John H. Plat
as assignee. Ine liabilities amount TO $AS. 000
Toe composition proceedings 10 the matter OF
Warren A. Ransom Co., wholesale dealers Ia boots
aud shoes, late at No 531 Broadway. came before
Register Alien yesterday. but we're adjourned without
day. The terms OF settlement proposed by the hrin
ioriy tho dollar In tour install ments,
tending Twelve p,Onths time. IL Is understood
that Tue estate yielded larger surplus than was
nticpsted, and tho assignee will probably DO able 10
pay dividend OF forty CENTS In cash on or shoul
September Ian IN usual occurrence 10 bankruptcy.