New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-08-26
EMBARRASSED IN BUSINESS.
p p LINARD,s FAILURE.


HE ISCURs LIABILITIES OF $4,000 IN SIX MONTHS
AND THEN DEPARTs-oTHER ASSIGNMENTS AND
CREDITORS MEETINGS.
BENJAMIN r. Linard, photographer late OF
No POI Broadway. having left this city on Wednesday
last on account Of his debts the Niagara Fire Insurance
Company has taken possession OF his office, which Is IN
its building. His debts amount TO about $4,000
Among his creditors are the Brett Lithogaphing Com
pany Of No 116 FultOnst., TO which he owes $4,000
+. H. Coffin, No. 40 JohR-st; May, Ward Co..
1876 willam-st; J. +. Anderson, jr., No. "a Beck
man-st; Mr.. POelman, artist; Maverick Wisseh-
ger No 176 FultOn-st.; Niagara Fire Insurance Com
pany and large number OF designers and artists to
whom he small amounts. One report Is that he
took the steamship Colon last Wednesday for San Fran
cisco. but Mr. Brett, Of No. 116 Fulton-st., said
recently that be had received word from friend
in Philadelphia that Mr.. Lnard there with his fam
iy He also said that Linards failure was due TO his
own extravaganza that he had SGT him up in business
only six months ago, and had given him all the credit
he wanted, and that he had received only small
amount OF what he had advanced. Mr. Borrows,
friend said that Lnard had expected $4,000 from his
friends to meet Of his debts but failing TO receive
II he left the city and had gone San Francisco where
he will again start In business MI Lnard llVea az
Elizabeth n j. where his furniture mas Deen sezed iS
the Brett LthOeTaphng Company 49,
q. l.. Solomon Sons. furniture dealers at NO. 011
Broadway have been adjudcRted bankrups by consent
on the petition OF creditors represented Dy Auopn =.
Sanger. Register Little has called meeting Tor conpO
sitiOn at 80 . cents on the doiaf' ,,. ~ a,ot r.,
day by Job HOdgKins1p to Charles r. Hyatt, and by
Herman fl. POttebaum to George L. Dunn
Whitney e. Co., wholesale dealers IN boots and shoes,
at No 312 Broadway. have gone into voluntary bank
ruptcy, with total liabilities OF $4,000, OF winch
5000 Is secured The assets are placed at Sl273OO
Most of the creditors Massachusetts manufacturers
Hardnan & Co.. and William Scatter piano manuiac-
turels have failed the former with liabilities Of Sis,
600 and the latter owing about 100000
David Houston, builder ls voluntary bankrupt with
liabilities of $Sl $50, nearly all OF which are real estate
mortgages.
In the case OF Holmes Lissburger metal merchants
who failed i'm Is74 for nearly 81 900 600 proofo Of debt
was filed for 1856, during the composition proceed
ings by Henry f. Hamil The debtors and some OF the
creditors objected this proof Judge Botcbford ss
tanned the chairman OF the meeting In admitng H. The
composition Was confirmed and all the creditor excepting
Ham were paid their dividends. In 1875 on motion
by Hanis receiver, Judge Blachford decided that the
action of the court In the composition proceedings was
an adjudication OF the debt and that the debtors must
paw the composition ON S112355 into court. Appeal
was taken TO the Circuit Court, ana ChefJusce Waite
on Saturday handed down his decision reversing the de
clsOn OF the District Court.