The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-06-13
MERCANTILE DISASTERS.
Alden B. Stockwell Fails for Over
a Million Dollars.
LIST OF HIS CREDITORS.
Other Additions to the Catalogue OF
Bankruptcies.

Alden B. stockweL. FORMERLY president Of the Pa
ellie MAIL Steamship Company and a. one Lead
ing operator iu all street, has been sdjudcatod
voluntary bankrupt his petition before Regis
YER Alien The exact amount OF his liabilities 10 not
given in the schedules. tho Of number Of
CLAIMS are unknown and disputed. The total known
liabilities amount to sl,o64, 1871 As, of which
1854, 19l A5 secured and 100000 unsecured or
the indebtedness s40S COL As Is due to creditors
Europe
re- THE SECURED CREDITORS.
Tho following The secured creditors together
with tho amount Of their CLAIMS ana nature Of the
liability tho security held by Thorn :-Credit Com
pany tlimited Of London. $780, secured BY 1,lo0
shares Of the Howe Sewing Machine Company imited),
ofLondon, par value $4,000, actual value unknown.
The amount OF tho indebtednoss is disputed and IN
suit Il is due for the purchase salo OF in
1876 and 1877 900 OF this claimed Indebtedness
tho petitioner is claimed 10 be liable az maker
OF drafts accepted by N p Stockwe, and on account
OF which about e. 800 nave been paid Tho balance OF
shs Indebtedness IL part represented by bills Of OK
change made bythe petitioner in 1877. all OF which,
with tho stock held by the creditors collateral
security for the payments OF any balance upon final
accounting, which has not YET been had The creditor
obtained judgment september 81 1871 for $45 $50
been opened, and the petitioner is defending the
claim The creditor clan 10 recover this upon four
bills OF exchange amounting to $4aD0O dated London,
March 10. 1871 payable ninety days alter eight and
directed 10 the Howe Sewing Machine Company. OF
bridgeport. II Is also claimed by the creator that
the Howe Sewing Machine Company Is liable as ac-
ceptor Of The bills OF excnange its liability Is denied
by the company Suits 10 determine the amount
tuaIly due are pending in TINS city aud London.
Hume. Wilson Il CO., OF London, S1I5, 0U0 secured
w 1900 shares oil the Howe Sewing Machine CON-
pany (imled), OF Loidon-simlar liability; estate Of
shares Of the above stock-abilty Tor money loaned;
Stewart, Glasgow, $3.50, secured BY 1850 shares OF
the above stock-labiiiy Tor money loaned; w. H.
Stephens Glasgow, So $50. secured by $50 shares OF
the above stock-liaDllity Tor money loaned; +. Fon
above stock--abilily tor balance OF stock account
and for money loaned; Norris p. stockweli London,
BS5 600, secured by 500 the above stock
LIABILITY for money loaned; Sir George Chetwynd,
Bart, OF Atherstone England, $500 As, socured by
assns. the psoOer in tie New York
Court-aollity for money loaned; H. 5. Stratord, OF
stock-iiaD.x Tor money loaned; Francis Braggiott,.
r s,, $500 secured by 60 shares Of the above
sSua on Ssanoe OF ,ss 0ck oa a
o. Common Pleas; A. X. Emo. New York,
$4,000, secured BY mortgage on properly ii
Cleveland, Ohio; II. h. Baxter, $ls 0oo0 secured py
bond and mortgage property heretofore owned
by the petitioner consisting OF house and lot,
OF Thirty ana Madison avenue ana stable
IN Fortotn street, together with the furniture and
fixtures; Arthur Anderson Co., London, SIS 900,
secured by 1000 snares Of the stock Of The Howe
Sewing Machine Company, OF Bridgep0rt-labiluy for
balance on stock account and dispute; q. K Gar.
rson, $500 000 secured by % 600 shares OF lat
ter slocklIability Tor money loaned; c. j. Osborne,
$50 600, secured by second mortgage property III
Cieveland-- iiabiliiy on balance stock account;
Gafqailo Co., $4,000, claim dsputed-secured by
zoo snares OF tho Indiana Manufacturing Company
liability on balance IN stock account; Harriott Il
Noyes $3i, 000 secured by 1884 shares Of the Howe
Sewing Machine Company, OF bridgeport; 3O72
oil the Indiana Manufacturing Company and IT'S
osscE account; joan Mas.son secured Sc Ss
2, 900 shares oil the Indiana Manufacturing Company
LIABILITY Tor money I loaned; apd ALDER. Comssosk,
machine Company, Of BridgeportIiapility tor money
loaned.
THE UNSECURED CREDITORS
The following are the unsecured creditors and the
amount q their clams:-s Lswis, London, $40, 900,
for money loaned; Howe sewing Machine Company,
OF bridgeport Sl2s 900, balance money led dur.
ing the years lS7o77-sS Levi p. Stockwcl 500 900,
s g. S Os Ss ss
Stephen A. Walker, 81, 0oO for money loaned; Buck
ham, smses Walker. 81 800 for prois.s,onai SER
vices Barlow, Laroque Mcfarland. 81 $780, for pro-
essionsi services; Billings Cardozo. $780, Tor pro-
10 stock account, judgment against the petitioner.
The unknown claims arc as follows Pacific Mail
is liable 70 the company upon or by Vi certain
Transactions had by him while president and presi.
dent OF me Panama Railroad Company; the liability
Is deniedt George l. Green claims that the pc
ttoner Is indebted 10 him as partner of tho late
Arm OF Gray Avery; tho liability is denied. H. W.
Gray claims that tho petitioner Is indebted to him
spartner Of the late nrm OF Gray Avery.
AssETs.
The assets consist oil stscks and bonds OF the par
value OF Sl,3l3. ST. folows:-5.636 shares Of tho
Howe Sewing Machine Company, hmiied, OF London;
rs 600 shares oil tho Howe Sewing Machine Company,
bridgeport 900 shares Of the Indiana Manufacturing
Company, all the ABOVE bong hypothocstod; 100
shares Hickory Farm OIL Company, 1875 shares
Cherry aud Haps Run Oh Company. 1914 shares
Cleveland ana Buffalo OH Company, 600 snaros OIL
Creek ana Cherry Run Oh Company $50 shares Milton
Farm on Company, 5U0 shares McCrea Petroleum
Company, 20 shares WcKel Run and McEihinny Oh
Company. LILO shares Noble Copper Company. 40
nrs mortgage construction bonds oil tho New Orleans
Baton Rouge and Vicksburg Company; certihcates OF
profits Ia tue North American ire and Washington
insurance companies par value twenty-five and twelve
respectively; lot at Seventy and Ninth
avenue, subject 10 liens ana judgments, estimated
value 1000. Equity in redemption In lands and
lock properly on the Cuyahoga RIVER Cleveland, SUBJ
ject 10 Two mortgages Ior $4,000, value tho prop.
srty $4,000; value OF the petioEers interest "
known.
DANIEL p. Hays appointed receiver Of tho prop
orty ana ELECTS oil tho bankrupt on April 20 by Judge
G. r. DAILY, of the Court OF Common Pleas, the suit
pf Francis BraggiottL Register Allen mas called
meeting Of the creditors to bold July IT, prove
debts and elect an assignee.
OTHER FAILURES.
James McNab, president Of tho McNab n Hariin
Manufacturing Company, OF No. 60 Join street, has
been sijudlcated voluntary bankrupt his own pc
ston ut Paterson, N. J. His liabilities amount TO
sos 654 o. large portion OF which 10 10 real