The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-02-15
BUSINE SIS TROUBLES.
FAILURES, NEUTRALITY-SUSPICIOUS. ANr

FAILURES, EMBARRAssMENTs AND ASSIGN
MENTs-PETITIoNs IN BANKRUPTCY. go .
Tho failure Of l. Bsily, dealer In leather and find
ings No 24K Spruce street, is announced, and he
has obtaineda compromise with his creditors at forty
cents on the dollar in his own notes. unsecured, ~
three, SIX, nine and twelve mouths The liabilities
amounted 10 $4,000 and the assets were valued at
$s0OO Mr. Baily much respected In The trade, has
always enjoyed good credit AMI his friends 10 the
Swamp unhesitatingy gave him the settlement
Mr. Francs Skiddy, the assignee OF the Place Sugar
Refining Company, which failed In 1868 with liabilities
amounting to s40s527 IA, appeared before Register
Allen yesterday to have his accounts audited and
passed None OF the creditors making any opposition
the accounts were certified by she Register and the
assignee discharged from his trust From the
statement submitted II appeared that there IL o
balance OF SOL n. three dividends having Teen
paid-ons Of forty per cent. one Of ten per cent
and one OF eighteen per cent. as folows:-June Is,
1865 s1es54e TO- February 49, 1882 $40 $50 81; jan
dividends SIT. 1858 ~ There were fourteen creditors
proved their claims, the principal onos being b.
Co.,
Co., $50 77S la Manufactured National Bank $685.
King, Peter & Co, $40, 1855 81 American Exchange
National Bank OF tho Republic, s. s62 o.
meeting OF the creditors OF Snipman q Co.,
manifold books at No. 800 Broadway, was held yester
day al tho once OF Register Dwight Seven claims
wore proved aggrsgal,ng 81, 402 "a. and Edward NJ.
cutter was elected assignee IN bankruptcy:
A petition IN bankruptcy has been nled against
Isaac Stsbe dealer IN fancy goods, q. No. 34S sixth
avenue, by thirteen CREDITORS whose claims aggregate
as 500 the primo pal one being H. 3. Clafn u Co.,
$l,707 SO; q. CrAn,er, ST. 6o2 80; Harris Russak,
,209 49, lhs pet,ton alleges that the assignment
70 Louis Goldsmith made with intent to defeat The
operations OF the Bankrupt ac. Au Injunction has
been granted restraining any further disposition oil
the properly. The total liabilities amount to $37 1856
H. W. stshr l. Co have filed petition IN bang
ruptcy against Fanny Frankcnthaer dea or IN cloih
ing No. IS avenue b. tne amount OF their claim Deing
1886 ID. The petition alleges nat she gave mort
gage on certain property 10 Keinkamp Henrice 10
defeat delay the operations Of the Bankrupt
An injunction granted restraining any iur-
lher disposition oi tne properly, and an order has
issued for the Marshal 20 take PROVISIONAL pos
session until further orders oil the Court
Edward Gallon, manufacturer oil butchers fixtures
at NO. 500 West Forty hrst street, against wnom
petition III bankruptcy has been hcd, oilers 10 com
promise with MS creditors al forty cents on tue
dollar
Mott & Brotner coal dealers at No. COG Hudson
street VINO failed last month, negotiating with
their creditors Tor settlement AZ thirty cents
dollar
merce Tor order to show cause why the assignee
OF tho late nrm OF Harris, Richmond shafcr should
not declare turther dividend, Register fitch yeser
day issued order for the assignee TO file his &c
counts before next Wednesday, and allowing week
Tor their examuation.
There was a lively contest yesterday over the
choice of assignee at the meeting of tue creditors OF
Charles Iueld rug merchant OF No. o. Centre street,
before Register Fitch as II was known that the bank
rupt had rags valued aL over $4,000 in his assets.
Twelve claims proved, amounting TO $3.50, but
n number oil the claims oil relatives OF the bankrupt
were objected TO, ana wore ruled out for the purpose
of voting. Mr.. samuel Conen was elected assignee.
The schedules presented showed liabilities amounting
TO about So 800.