The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-03-19
BUSINESS TROUBLES.

CREDITORS MEETINGS, PETITIONS IN BANK
RUPTcY AND ARGUMENTS.
meeting OF the creditors OF Max Wolff Brother.
dealers in dry goods At No. IL White street. was held
yesterday at the Office OF Register Allen, and offer
Of decomposition was made by the hrm the terms being
thirty cents on the doliar-tweive and halt cents
cash in twenty days and the balance in ndorsed
at four and eight months. Tho schedules presented
showed liabilities amounting to about $3 OO0 Counsel
for Evans, Peaks Co. and other creditors objected
10 any vote being taken on the composition until the
proof Of all the claims filed was submitted He said
that It was his belief that nearly all the claims fled
detective either in form In other man.
ner and one claim for 81, 500 he believed was nct-
tious; he therefore demanded to examine the bank
rupts and after some discussion 1t was ordered by
Register Allen The vote was therefore postponed
pending the examination Of the bankrupts.
The creditors oil james Z. Davis, formerly propri-
elor OF the Davis House al Rockaway Beach, met at
the Office OF Register Ketchum. Schedules were pre-
sented showing liabilities amounting S33 000 three
claims were proved. and Ira Brown was elected az
Joseph Demnert, ferdinand Dsmmert and Francis
Brailiard manufacturing Jewellers ut No. Maiden
lane and at Jersey City, made
Tor tho benedt OF their creditors TO Joseph Farys
They mad good credit and their troubles
want Of ready cash. their assets being largely 10
OF their liabilities. Tho liabilities amount TO
about ~, 500, while their good placed at
$4,000 They have factory IN Jersey City, but II 10
mortgaged II little leniency is allowed they expect
10 pay the creditors IL full
Application was made yesterday to Register Dayton
by Abner 5. Smith, Addison Il. Getty, Levi J.. Lyon
and Frederick W. Getty, COMPOSING me firm OF Smi b,
Getty Co., dealers IN produce, formerly at No. I75
West street, tor their discharge from bankruptcy.
The rm failed last june with iiabilies TO
$12 1885, Opposition was made on the part OF three
OF their creditors, and the usdal time allowed
winch TO nlo specifications OF the objections
Maria Forster, dealer IN boots aud shoes at No. $50
Third avenue who famed 10 JAM ary with Liabilities
amounting To COS, has effected compromise with
her creditors ~ thirty cents on the dollar
meeting OF the creditors OF Bennett L. Smith,
manufacturers of elt skirts at No 81 Leonard street.
was held ut the Office OF Register Dayton and the
for the election of trustee to wind up the
estate and a supervising committee, which has pro-
ceeded Tor several days, was finally concluded by tho
election oil William l.. Pomcroy OF the firm OF Pom.
eroy Pummer, as trustee, and Mcssrs. William
Ryan, George W. Beae and W. II. Heburn the COM
mttce As several Of the creditors were dissatisfied
The choice the register decided that he would
submit their objections TO the court; he Did see
prejudice 10 the creditors by tue selection
would report to the court In favor OF confirming the
choice
Isaac Bumentha butcher at the loot Of East Forty.
filth street. who failed in November with liabilities
amounting 10 81 900 made application yesterday TO
Register Alien his al .charge from bankruptcy but
there strong opposition the part OF the credit.
who requested 10 nle the specifications OF
their objections witbin ten days.
In the County Clerks Office tn ere filed yester-
day the assignments OF John ID. Baum and Albert II.
Baum, comprising the firm OF j. A. H. Baum, 10
Daniel b. Vermiiye, ol Charles l.. Schroeder Henry
RoedeT OF William Scltenrech 10 Charles Nuendorn
ana OF Peter Stock TO AshDe z. Fitch.
The assignment with schedule annexed, OF James
d. Trimble 10 Clarence Ii. Smith was yesterday filed
Ia the Court OF Common Pleas. The habilitics are
stated at S49 500 81 nominal assets ia II and
real assets ut 5000