Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-08-07
NEW YORK.
A Meeting of the Creditors of X. M.
Bishop 81 Co, the Collapsed Gin
cinnati GrOcers-ScheduIe
of LiabiIitieS-Other
Failures.
The Trunks of European Tourist
Seized by CustOmhOuse Officials,
on Account OF Struggled
GOOds-One of the Muir
derers OF smith

NEW YORK, August 6.-Frederick Villmar,
dealer In hair goods, has gone into bankrupt
cy; liabilities. $4,000.
Hiram A. johnson, lawyer, has filed pc
tition 10 bankruptcy; liabilities, $1l4, ZOO.
About thirty-tw two of the New York credit
ors of r. NJ. Bishop & Co., grocers, of Gin
cinnati, met yesterday at the store of B. G.
Arnold & Co. William Bishop, a son, and
w. S. Dickinson, a son-in-law, of r. NJ.
Bishop were present. B. G. Arnold read a
schedule of the liabilities of the firm, as fol-
lows: In New York, $145, 200; in Phlladel-
phia, $4,000; IN Boston, So, 900; in Balti-
more, $4,000, and 1874, 525 IS due in different
small cities, nearly all in the west. The as
sets were stated to be 1886, 1923 70; the assets
of the firm being 1898, 22S 20, and the indi-
vidual assets of Richard NJ. Bishop and Will
liam I. Bishop being $23. 800. a committee
of SIX was appointed to investigate the af-
fairs of the firm. The creditors were scat
tered as follows: In New York, thirty eight;
IN Cincinnati, forty nine; in Philadelphia,
SIX; In Baltimore, two; In Boston, four; in
Buffalo, two; IN Chicago, three; in st. Louis,
two; In Petersburg, Virginia, two; in Cleve-
land, two, and one each in several other
towns. 1t Is understood that sharp questions
were asked In regard to the management of
the business for the last few years, which w.
Bishop answered promptly. He attributed
the failure chiefly to the heavy depreciation
of real estate, but told OF losses by the Climax
moving machine company, through which
thirty thousand dollars were lost in invest
ments in machines, and ten thousand dollars
In stock. Referring to rumOr that Governor
Bishops electioneerlpg expenses in the last
campaign had something to do with the fail
ure, his son, it is said, stated to the creditors
that the governors campaign expenses did
not exceed six thousand dollars, and that he
had not drawn over one hundred and fifty
dollars from the firm since he has occupied
the chair.
Two trunks belonging to John H. Draper,
customhouse auctloneer, who arrived from
Europe Sunday, we're seized by customhouse
officials yesterday. 1t is charged that they
contained Struggled goods.
Cave Bennett was arraigned in Jersey police
court to-day, charged with suspicion of the
murder of Officer Smith. He pleaded not
guilty, and was remanded to await the action
of coroner's jury.
At an adjourned meeting of the creditors
of the New York betting and packing COM
pany, to-day, the committee appointed at a
previous meeting reported that the company
had good business assets amounting to 1885,
600, and real estate, iron mines, etc., valued
at $500, 900. The liabilities are 1916, 233, of
which $186,000 are due to three persons in
terested In the company, who are willing to
leave 1t there until the other debts of the
company are paid. The committee, conse-
quently, agreed to recommend that the ex-
tension of time proposed by the company
should be allowed, as the assets were amply
sufficient to meet the Ii liabilities.
John Sherman, president of the TeutOnia
savings bank gave bond this morning to an
swer the charge of swearing falsely in regard
to the affairs of the bank.
A London dispatch says that in the royal
yacht squadron regatta to-day, the Enchant-
ress, an American schooner, came in first,
but the Formosa won by time allowance.