The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-04-23
BUSINESS TROUBLES.

ASSIGNMENTS FOR THE BENEFIT or cREDr
ToRs-coMPosIrIoN PRocEEDINGs
Alexander Cnmm, manufacturer Of buckram Taco
and bonnet frames At No. III Mercer street, made an
assign mont yesterday for the benefit OF his creditors
TO Ferdinand s. Hahn. Mr.. Climm has lost heavily
recently by various specuations. ln one ne sunk
IS 747eri J. J. Stone n Co.. OF Syracuse and his
creditors have been virtually carrying him bust
moss His liabilities amount 10 $243oS 81, the noni
nal $l7,297 65, mainly book accounts, and
his real valued at 81, Ala ", subject to
mortgage disputed TITLE The principal creditors are
H. 4 H. Adams, s4,032; Gustav Young, s3l0o; L
Wassevogo 49, TOO; Mechanics ana Traders National
Bank, 81 800; Sophia Climn, sl,5J0; Rosetta Eisin.
ger, $1,000
An assig ment was made yesterday by Post spcir,
manufacturing jewellers at No. io2 Broadway. to
Henry I. Godcts the documents being signed only by
Eugene Il. Post. Losses In trade aud disagreemenr
between the members OF the nrm led to the assign
meut which was made to prevent Attachments and to
prot all the creiitors. Tho abi Ines amount 10
over $25, 000 The firm was establish In 1874.
Tiernan Wilson, OF tho late firm Of David Valentine
& Co., Wholesale dealers in dry goods at NO 402
Broadway has filed petition in bangrupicy 70 have
the firm adjudIcated bankrupts, tho other partners
being David Valentine, Charles b. Vaughan and Dun
can u. II. Currie. the liabilities OF the nrm amount
$50 800 aud Mr. Wilson has Individual liabilities Of
about 5000 The principal creditors mentioned 10 the
scheu ules are the folowing:-Ccntral National Bank.
S., los ~; Hunt, Catlin Il Valentine, $500 -;
DepeySter,
Klein Brothers, carpenters and builders, OF No 6l5
East Sixeenth street, have been adJudcated oank-
rupls The petition Of nine CREDITORS whose claims
are siollows:-Ferdinand Traud %, 505 Charles Da
Clyne, 81, 436 Lena Jackson, 81 1913 49, Thomas 7.
jenkins, 81, $50; Peter Unndsrd 81, 800; u G. Rich
Baumgartner, 5000; j. J. sussmann, s4s2
solomon Rich has been adjudcated a voluntary
bankrupt on his own petition by Register Alien whe
has caied a meeting OF tho creditors 10 DO held on
May l3 10 elcct an assignee. HIS liabilities amount
to SO, 500, and he has no assets
Ter ntrip oh IA
bankrupt MS own petiton The liabilities, which
old accounts, amount TO S. 485 II, distributed
4 Reynaud, $3.2o6 II. He has no assets.
OTHER EMPARKAssMESTs
Frederick w. Wagner. importer aud dealer In opti-
cal goods at No. 43 Maiden lane, is endcavoring TO
compromise with his creditors twelve cents on the
quarters OF which are due IN Europe aud the settie-
mcnt will depend upon Tho action OF the foreign cred
iiors, from whom he IS awaiting advices.
The composition OF Moscly 4 Mooay, manufacturers
OF paper collars at No. "a howard street, OF which
Frederick Lewis Is assignee has been before Register
D sight for some time past and has been delayed on
account OF tho opposition OF the FIRST National Bank
OF Norwich; but from recent developments The COM
position offer oil fifteen cents on tho dollar Will no
doubt go through.
Thomas Mananan, dealer in paper at No 81 Duane
street. has commenced composition proceedings before
Register Allen. meeting been called tor May J.
HIS liabilities amount TO $2o, 7S5, the principal cred.
Itors being trustee Of ~ T. Manahan 900; Dolphin
Manufaclu ing Company, 81 LOS 40; vsrnon brothers
meeting Of The creditors Of Harry Green, dealer in
yesterday the Office OF Register Dayton. schedules
wcro presented showing IiaDiiities nggrcgatipg
$7O35 "a Ten claims were proved Tor about So 900,
and Jonn II. Piatt was appointed assgnee the cred
itors failing to agree IN the selection.
Mr.. Frcderlck Lewis. the assignee OF Solomon l..
Simpson, wholesale liquor deacr late ~ N 80 South
William street, has nleu MS final accounting, and
dividend will shorty be declared ny the reieree.
AdonJah ID. Ford, VINO tailed IN 1870, made appitca.
IRON bankruptcy, and the mat.
came before Register Allen yesterday. There Was
opposition on the part ot The creditors, aud his
petition will be granted.
The blowing assignments with schedules annexed,
were died yesterday Ia the Court OF Common Ploas-
George Decker ana Frederick Decker comprising he
firm Of Deokor Co., 10 Charles Eckc. The llaDties
are stated 3d. TAG 49, nominal assets at 3d. 64 %
ana real assets Al $2,415 A. Welcome Y. Shelton to
John f. Murray. The liabilities amount 10 S. 48l 10
nominal assets 10 $3.50 aud roai assots to $2s3
A private meeting OF the creditors OF Gould b.
Tnorp Co., provision dealers, held yesterday Ut
Nos lU9 and Ill Broad street. Mr.. Thorp made .
statement that his liabilities led 10 $50 900 and
his TO 600. Besides these tnero 500 600
bad debts, winch were Of no account. Al preseus
lie could pay from fifteen to twenty per cent cash.
Nj. Thorp subsequently SAID that IN the course Of
time he intended settle with bis credit 0rs iul
Ward u Mc(iown, wholesale ana retail grocers at
the OF Warren and Montgomery streets, Jersey
city, failed yesterday Tor = large amount They had
beon business ut tho one pace in Jersey City Tor
over twenty five years, ana were widely known.
Tho exact amount 6t their indebtedness not
known, aud inventory Of the stock Will be taken