The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-05-07
COMMERCIAL WRECKS.
Petitions in Bankruptcy and Appoint
mentS Of AsSigneeS.
CREDITORS MEETINGS.
Motions for Receiver for Keller, Worm
ser & Kingsbury.

Hiram W. Brooks. OF the Iate arm or Nourse &
Brooks, cotton commissions merchants OF No. 70
Beaver street, has gone into voluntary bankruptcy
before Register Ketchum. His liabilities amount 10
$l42 900, OF which there secured $32 500 and on
accommodation paper $32 s37. The debts manly
contracted copartner with A. p. Nourse deceased
Tho secured claims those OF W. =. Nichols Co.,
$4,000. and James Finlay Co., $500 Among tho un.
secured creditors are:-C w. Il j. E. Smith, 81 422 50;
George T. Woods, of Manchester England $o0 oo4 u;
Thomas W. Earle & Co., Liverpool, $Il,5S3 81 4;
Merchants Bank, OF Worcester Mass, $40, 0C0; w.
T. MtIcr Co., S., $50 OF. The creditors accomoda-
tion paper the National Bank Of tho Republic
$Il a4S Hanover National Bank, 49, $50 II; Bogert 4
Co., $2.3ao 65; Cochran Barbour, $15,4S9. Tho
assets noninay valued $685. 900 and consist
mainly OF book accounts and notes; INCLUDED in the
former Is claim against A. T. Noursc, OF Jersey City,
for $751; There also two plantations in Texas
ana Arkansas valued At s., 600; cash, $1,000.
John r. Eimcndorf, form orly OF the Arm OF Elmen-
dorf schoaed, planning mill at Thrty-eghth street
and First avenue, has gone into voluntary bank
ruptcy before Register Allon His liabilities amount
10 about $780, 600 OF which there secured SOC 900
Among the secured creditors are the Union Dime
Savings Bank, $50 900; George Ehret $1s 5o0 Henry
Vol, $40 000 Tho principal unsecured creditors arc
Garret L. Schuyler, $1,000; Northwestern Lilo In
s WrmS Company SIMON s,monson 81 900
assets consist OF real estate in this city valued Ut
$loo oeoj interest planning mill slos7 SO; cash IN
hand, S320 I'VE shares Murray Hill Bank stock, $500
thirteen shares OF the Hudson Iron Company ST. 800,
plcoged tor a loan.
bankruptcy from Frederick Aeiser and Christie
Heiscr. comprising the late firm Of +. - Hescr Co..
Drokeis a. NC. 20 wall street The liabilities amount
20 about $2S OO0 largo part of which for diier.
cnces on gold loans. They have assets The largest
creditors are William WhItcwright, $3,625; Resale
Heiser, SIT 0S5 H. and d. l. w. Stcans, $500
Tho Liabilities OF the American Stove Company, Of
Pecksk and ut No. 90 Barclay street. amount to up
wards Of 100000. ncarly all Of which due In this
city, principally iron. The properly is now in tue
hands OF stephen Lent, to whom the company has
made an assignment and he Is making IN inventory
Of the Their works are at PeekskiI and the
officials Of the company are wealthy men OF Peeksk
assets ana Will NO doubt pay large percentage TO the
creditors.
John r. Smith and AsherD. Ensgn, composing the
nrm OF Smith h Ensign, produce com mission mor-
chants OF No 304 Greenwich street, and agents for
tho Patrons OF Husbandry, have been adudicatcd vol
untnry bankrupt by Register kotchum The liab-
tiles amount 70 abou, 600 They havo only nomi.
nal assets.
dealer IN gloves, lase at 400 Broadway. voluntary
bankrupt his own petition. He owes about ST. 000
Of which the largest claims arc by Kobbe 4 Ball.
81 ga; Leon Borman, $50. Ho has assets.
James A. Byrnes, OF rwenIy-fourth stroet, noar
Sixth avenue, voluntary bankrupt before Register
Tho largest creditors are Titus B. Edridso, IS 900;
Maria Mulock, $50 81 HIS assets CONSIST ], $40
Register Alton has received warrant 10 bankruptcy
against tho nrm OF W. A. Ransom y Co., wholosaIe
dealers In SHOES at No 5s7 broadway. ami has called
the 1rst meeting OF. the creditors to be held May
r. The liabilities amount 10 S750,000
In tho County CLERKS Office thsrc Hlod ycster
Coogan and OF Vincent Dill to John NJ. Mclaughlin.
CREDITORS MEETINGS.
meeting OF tho creditors Of Alexander McD onald
formerly United States Senator from Arkansas, was
held yesterday at tho Office OF Register Ketchum.
Schedules wore presented showing liabilities amount
tng TO about $3.50 600 and eight claims were proved
sgsrosasiDg $4,000, the following being the largcst
Dewitt c. Wheeler, SIC. 1888 81; John NJ. Morohead,
$727s o.; James G. Blunt, $4,970 Benjamin w.
Bonney was elected assignee In bankruptcy.
AT meeting CT the creditors OF Israel A Barker
claims were proved, agsrogasing 14,Oo0 OF which
ME largest were by Sarah A. Pearsall. So 451 65 /;
bz,2os %. john II. Piss. was appointed assignee.
The creditors OF William 1. Williams formerly OF
no. Ssy hossway me: yesterday At tho Office Of
liabilities amounting to 6,97o 81 John "a. Plat
appointed assignee.
AT meeting o! tho creditors Of Samuel A. Mngnus,
dealer IN glue nj No. 307 Pearl street. neid tho
Office Of Register Alien, composition accepted
cents in cash and tho balance 10 four months
A meeting ot tho creditors of the McNab Il Harlan
Manufacturing Company, OF No 90 John street, was
hold Yesterday NJ the rooms Of tho Hardware Board
OF TRADE, Nos. and Warren street Mr.. Edward
II. Cole was chosco chairman and Mr. J. II. Goldy
pany was presented showing liabilities amounting to
$l6s, 600 and $685. 900. An explanation oil The
various items was made ana an offer to compromise
al My conts ON the dollar was submitted. Alter
siderable Interchange of Vows tho matter was 70.
ierred 10 commttce Of three, composed OF Messrs.
A. II. Dame, J. IL. Baldwin and l.. Lssburgcr, who
are 10 make an examination and report at future
meeting Tho company have already commenced
composition proceedings before Register Dwight
KILLER. woRMsER AND KINGsBURY
large part of yesterday was occupied In the Su-
premo Court Chambers, In tho argument Of three
motions for tho appointment Of n receiver oil the
Keiior, wormsor Kingsbury firm. Mr. Keller made
tho nrst application upon tho cround--Arst-that
wormscr ana Kingsbury had withdrawn part Of the
arms iunos from ono OF tho firms banks and de-
posted IL In another bank without his authority or
sonsent; second, that Kingsbury had manufac urod
notes and used Thorn as business notes; and third,
mat the partners could agree In tho management
VI the business. Messrs wormser and KingsDury rep.
resented by Mcssrs. Joseph H. Choatc, Lushcr X.
Marsh, W. r. Sheppard, u. A. Seixas ana ID. Lcvcn-
drawn the nrm's bank account from tho Pacific Bank
anu oil having borrowed money IRON employ cs aud
others, thereby imparing tho credit ana standing OF
the arm. They also rcsa number OF anidRvts at
lacking tho character vi Mr. Keller sir. Kci.sr read
an answer TO those charges, admitting having drawn
the money from tho racnc Bank alleging that TO
AID 80 undor tho advicc OF h,s ooonscl, Sir. New
combc, IA Consequence Of his partners hav-
ing Withdrawn the other account OF his nrm
ana preventing him from araw.ag thereon. anu that
DO held the moacy drawn, and intcndcd to hold II,
subject ~ an accounting 10 DO had no also admitted
having borrowed money privately and upon his own
credit, but Introduced written Acknowledgements oi
Wormscr for moneys loaned TO him by son-in-iaw OF
Mr. Keller, and that tho Arms condition sucn
that they often borrowed money, except Mr.. Klngs-
bury, VINO, Mr.. Keller alleges, had no occasion Tor
dong no. having no family aud ais WHO and himself
living with hts wiio's mother.
The real contest appears be who shall be receiver
Wormssr aud kingsbury both asking the appon-
tncut 10 be mado TO thcm Jointly, anu Mr. Keller
warmly opposing this, urging ii they got hold OF
bis properly there viii be nut small hope for him.
y. Keller was represented by cx-Judgo Carey and
Dir. X !. Ncwcousbc Judge Donohue took the papers
ana reserved mis- decision
EAST RIVER BRIDGE