The New York herald., 1878-03-10
BUSINESS TROUBLES.

GONE INTO OBSERVATION-DISCLOSURES AND COM
POSITION WITH CREDITORS.
The New York Button Company, Of No. 73 Franklin
street, composed Of julius Dinkespiel and Samuel
Disbecker have gone into voluntary bankruptcy and
the has been referred 10 Register Day Tho
object of Ming the petition TO project all
creditors. suits, rcpievins and attachments had
commenced against the company, ana also Tor
the purpose OF subsequently, taking proceedings for
composition with their creditors. Tho following arc
the principal unsecured crcditors:-wendt, Stein
hausor Co., $4,000; spelman, woon l. Co., $4,000;
Central National Bank, $4,000; Merke & Fra.nki,
$4,000: Abertuner, Abegg Co, $3 300: Brooklyn
Brass and Copper Company, 81, 100. The liabilities
aggregate $l01,0 200. ana the assets are valued ut
$5OO00 consisting ot the factory in Brooklyn, worth
$20, 00p, machinery, 0xturos stock and book
counts meeting OF the creditors was held yoster-
day The Office OF the company, and q statement OF
the affairs presented Alter 4 long consultation
IL decided 10 make IN investigation Of the
Germ, and q committee OF i've was accordingly ap-
pointed to examine and report at u future meeting
AZ meeting OF the creditors OF James L. Gay,
dealer In fancy goods At No. PAT Sixth avenue held
yesterday at the Office o Register Little, composition
OF fifteen the dollAr cash accepted.
The creditors OF Morz Gross, dealer In iurs at No.
43O Broono street, hold a meeting yesterday at tho
Office OF Register Litle and confirmed the composition
OF thirty cents tho dollar 0ne-ha.f aud tho
balance III notes payable November l.
meeting of the creditors OF Powers. Gastar 4 Co.,
wholesale aeaIers boots and shoes corner OF
Duane ana Church Streets was held yesterday the
office OF Register ketchum, and the composition OF
Sky cents the dollar Indorscd at three
Eix and nine months was confirmed, tho Liabilities
being S25l, 500.
The labiiitics OF Joseph \. Ditlmar, OF No 60 Dey
street, who has been ad udicated voluntary BANK
Iupt by Register Allen, amount " about ST. COO, and
he has assets.
Tne creI Of Moritz Lcpzigcr, Wholesale dealer
tore Register Fich have accepted composition OF
twenty cents on tho dollar. Tho liabilities aoout
$43, OO0.
Al u meeting Of the Now York creditors OF Church
II Spraguc, dealers in hardware ut West Meriden
Conn.,, neid the rooms of tho Hardware Board of
Trade, No. Warren street, II was decided that II
lOr the best Interest oi the creators
business wound up by an assignee. Tue firm offered
" compromise at thirty cents On tue DOLLAR
Tue failure o Il. Il. Cooper, dealer ia naval stores,
at No. So Burlng slip, Is announced anu hc has
nIed assignment tho benefit oi hts creditors in
Brooklyn tO James IL. Taylor. Mr. Cooper haa u
large business experience, claimed 10 have capital
o $40 600, had iair credit and did principally job
bing trade Tue liabilities are estimated ut from
SIS 00U TO $4,000.
.. Hyman u son, Wholesale dealers In dry goods at
No. IS Lspenard street. nave effected a compromise
with their creditors ut thirty cents on the dollar
liabilities amounting to $5l, 900.
A meeting Oi the creditors OF Dr. Ciemcnco y.
Lozier, ot No. 23S Wcst Fourteenth street, held
yesterday AT the otc oil Register Allen. Mr. William
A. Carlisle representing the principal unsecured crcdi
tors, lcd three CLAIMS as fUlo~s-W nipple Say les,
$3.50; John Todd, $500; Joseph l.. Hening, $75.
Nearly all the Indebtedness is ON dcconcy OF mort
cages aud tho amour; OF the securities cannot be
the secured creaitOrs ncd their claims, although
nuu4ber OF them weTo present.