The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-06-22
BUSINESS TROUBLES.

A BANKRUPT BUILDERS NEUTRALITY-SUSPICIOUS.
or AN IMPORTING FlRM-coMPosrrIoNs Ac-
cEPrED By CREDITORS.
John McCool, builder, has nled his schedules IN
bankruptcy before Register Dwight and they state his
liabilities So 1851 3sl &c. OF which s24s5. 96l Il are
secured by mortgages real estate The losses sus-
tained BY Mr.. McCooi commenced when ms ouiit sne
square blocks OF dwellings Sixteth and Sixly-sec-
ond Streets Madison and Fourth avenues. When tney
were finished he obtained from the North American
Lie Insurance Company loan Of about sixty per cent
Of the amount he had invested In them and was sub
sequenty compelled 10 relluquish them entirely win
out reaIizng another dollar The money realized On
that loan he invested In a OF houses in sxteth
street, from Lexington so Fourth avenue, where no
also suffered heavy losses This together with .
large sunk in subsequent Investments in real
estate completed the wreck OF large fortune. The
following are the claims OF the principal secured
creditors appearing III me -Receiver Of tue
North America Life Insurance Company, $l,57l ,OOO;
New York Lie Insurance Company. S3lS,Oo0; An
drew g. hammersley, $500 O0 Manhattan Lie in-
suranco Company SOL 900; Equitable Lie Assurances
Society, $4,000; Napoleon ousssi, $s5 900; Mary T.
Bosert, $50, 900; NJ Il. Il N. w. ihayef, $50. 600;
Henry Goiusli.u Si3 900; Gideon Fountain, $l4 OUU;
7. A. Morgan, 10000; Henry J. faroer, $1,000;
5. Ste,nnardi, s. yll 70; hirscD korn, xy,U4S IL;
Caaaee y smitn, $I2.U9J, anu A. =. T. ). QuacAcn-
bush $1,000 liner, are ABOUT one nundrsd unse-
Of a. + sssSar a' sasso7 s.; Morrl stsInHara..
$50 90; ). B wnn., receiver, $i2,llS o.; Ric.ard
Kelley, 90; Peter A.rx. $1,000; LINES ,,; ae.
Braiuafd Il Burhaus, $4,000; samuei We.sh.
s. l5y IS; estate OF Henry GOLDSMITH, $4,000; Ns-
son J. Tappen, S. o00 Parick Golden, S4,5Oo; Will
4. Blair, Sr., So S00 Watson Crawford, 81, 900;
Max Narezrk, $4,000; Agnes Booth, $1,000; A.
kaDer, S+.zoo; Conrad Bu,ier, $1,000; W. II. Jen-
klns, 10000; y. 3. s,ou snton so,Uou; ). Lyons,
$4,000; l. }. CromOie. So O55 II Frederick Zitie,
s4 4lo "a James Hanion, s5,a52 Larxln McG'nnis,
~ utu A. ant Be
WOOD, 81, 1856 Il. meeting Of the creditors has been
called ny Kepiser D~ignt. 10 10 held on July 8, TO
prove oeb,s and cIecl an assignee ~ bankruptcy
Tue suspension vi H. +. Cooper y Co., importers OF
iaces Nos. 2s ana 80 Greene street, IS reported.
IN some cases quite heaviy, ana ~ May, II Is sad,
they informed tuc European creditors Of their nten-
tion 10 i,quidate The business. Their business WAS
entirely foreign as regards purchases. anu u Is sad
that ill their mercnanuise Indebtedness ID aus IN
Europr. The merchandise liabilities are reported at
S2oUuO IN addition 70 wnlch Is reported ina. tnere
or about $5v 700 austo relatives o. the hrm
The value OF the assets u not known. iney CONSIST
manly oi book accounts and stock The urn sue
ceeieu smith, Cooper Go. IN January, 1870, amt
claimed 70 have cap,ai o. SlO0, 600
PETITIONS IN BANKKUPrCy.
A petition IN bankruptcy has been fed against
HICKS, Stewart Rossnoury. manufacturers OF panta-
looms al No. 1S4 Church street. " eeven creditors
the iolie Ing:-Davd Stewar., $4,000 70; f. victor
u Achelis. $4,539 10; townsend Fargis, STATS;
Pomcroy u r:ummer, ", AIS 10, ana Winam Lo.Ll-
Co. ST. 203 VI. 1t Is alleged IA the petition That
Meyer j. Rosenourg, one OF Inc partners, wnilc the
cheat and detraud the creuitors disposed OF large
portion OF the properly OF the nrm amounting 10
$l6 u0U tor very Inadequate consldcration that The
goods disposed oil their value Viii De totay or
partly lost Tor the assets and that there Is danger that
Inc the goods In the hands Of tho nfni may
lost impaired Ny similar fraudulent disposition.
ana that prevenii0 vt sucn loss INJUNCTION
Is necessary. Judge Cnoate granted the Injunction
restraining tho further disposition or transfer VI any
Of the properly Of The hrm.
An effort Is being made 10 throw tho irm of MOSS "
Scuocnann dealers III wines at No. 6-S Sixth street,
into bankruptcy, and petition tor that purpose has
been 1ed BY u numDer oil the creditors.
MEETINGS OF cRkDlT0Rs.
meeting oil the creditors OF Joseph London, dealer
in boots shoes No. las Eighth avenue, neld
yesterday AT the Office 0l Register Fch. The bank
on the dollar cash niteen days, ana presented a
statement showing liabilities amounting to $l2 u49 90
and assets 81, 094 ID The schedules were imperfect,
and the Register allowed the bankrupt four TO
the creditors Tor examination OF tho bankrupt In
the meantme
The creditors of Joseph s. Taussig met yesterday at
the Office oil Register Dayton anu elected Oscar Cam
asssnee ihe schedules presented showed Liabilities
amounting 10 III, 500, aud i've claims were proved
aggregatinc 81 1856.
Al meeting of the individual creditors Of George
W. Bassett, wholesale dealer IN cr0ckery al No. 81
Park place, ned yesterday at tho Office OF Register
Allen the composition OF ton cents dollar cash
was una niinousiy connrMe0.
Tho creditors OF Il. Bloch Son, manufacturers Of
cigars at No. 364 Canal street, met yesterday ~ mo
composition oil twenty-five cents the dollar, alter
which the bat krupts were exanined.
At u meeting OF the creditors oil D0vale Co.,
shipping com m tssiOn merchants At No. 70 south
street, neld yesterday at tho office OF Register Little
a composition unanimously uccepteu at niteen
the dollar in notes Tour ana eight months
ssSEASONING' A WIFE.