The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-04-30
BUSINESS TROUBLES.

VOLUNTARY UPTs-FAILURE OF Ex-sENA-
TOR MICHAEL NORTON.
Tho rush OF insolvenI debtors to obtain relief In
bankruptcy before the Law Is repealed continued
yesterday, and thirty-eight petitions flied with
tho Clerk oil The Uniied States District Court. Tho
majority OF the petitions were voluntary, In which
theirs little or no assets.
David l. Kennedy, OF No. 554 Third avenue a
builder, gone into voluntary bankruptcy and has
filed schedules OF Liabilities and before Reg
lister Dayton The total liabilities amount 10 about
$780, 600 oil which there secured $l25. 500. His
Indebtedness mainly account OF real estate
transactions and represents money borrowed
individually and joint bond with Andrew
Kennedy. There only three secured
creditors for the following anounis:-rhe New
York Liis Insurance Company, so2, 900; II.
q. Kingsley, Sol, 500, and sarah Ward, 5000 The
unsecured creditors are the following ~. Y. Kings
ley, SsvoCo total clam slsoo 900; New York Life In
executors OF the Newcomb estate $50. vO0; ID. Por
ter. $4,000; Farmers Loan and trust Company.
$27,ooo; Greenwich Savings Bank, $4,000; !. I.
Thompson, $1,000 His assets consist Of real estate
on Loxus,on avenue. IN the rweDty-nrst ward, the
estimated value OF which Is $l09 700, but &c heavily
mortgage and thcio ~ little or no equity.
Register Fitch has adjudicated Benjamin Wood
oank,upt oe ms own pe.sion HIS i,ao'iltes amour.
5s5 IL Unsecured, and mainly tho result OF
tue depreciation III real estae. Tho principal cred
Sc6sG3 81; broadway Bank tsecureal $4,000; Viii
lam H. Vanderbilt, $40. 5G6 So: James N. Smpb,
slS 90; Elisha H. Grover, sil, 900 HIS assets are
nominaiiy Sl25OU consisting OF stock various
panies real estate Ia New York ana Brook Ign.
Joshua Miner, contractor OF Sixty-ssvonln street
and ,hu Boulevard, IN voluntary bankruptcy before
Register kctchum He 10 the party who accused
OF counterieuing several years alo but was acquitted
In the United States courts, alter trial which lasted
three weeks, aud when was vc,y expensive. Tho
total nabti,s as gwen In the schedules amount TO
iowing:-unitcd states government judgment as
Mocnaaics anu Traders, National Bank on bona aud
mortgage, S10,5l4 IS; Henry = kearucy. %, zoo;
Mayor Aldermen anu Commonaity OF tue cay Of
Nnw York for taxes ana us-ossmcDts on real estate,
$1,000; Bank Tor savings. 81. 5UV Donu AN mort
gage; sta,e oi New Yors, 81 oOo forfeited recos
Atlantic Giant powuer COMPANY, el,7tl so; Latin n
Rand Powder Company, $1,000; 8. A. BrincKernon,
$l,iU0 He Is also GU accommodation paper TO tho
tent Of 81, 700 H,s assc,s consist OF Two lots and
other properly IN Sixiy-scvcnth and Sixiy-eighth
aud machinery aud implements for removing rock,
$1,000.
Ex-senator Michael Norton has flied voluntary
petition IN bankruptcy. HIS liabil,ies amount 10
rowca money. rs assets copsis, oi.--casn, $40;
various pubic monuments, valued at s37, aud dvuis
MIN =. ns hs
Cox. $4,000, loans; Charles h.. Lovw, $3.50, loans;
!;,rSk 4. Jones, $500, loans Js@s. idssrwooa.
icrbotiom. anaortakcr, 1910 70; Isaao ! Oliver,
$403 90, Tor pruning; Cronsy Lent $3.50 Tor clotp.
ing; Drumgod, King Co, s4s3, or ciotning; spep.
para Knapp, 500 20; Michaeus Haskell, t00e 80 Tor
furnishing goods; Michael J. Murphy, $500. loans:
Charles b. Warren r. Leland, Tor board al the Dea-
van House, Albany, $6Os 10
the petition IN bankruptcy OF Franklin j. Wall,
agent a. No on Pine street has been roierod Reg
lister Dayton MS liabilities amount 70 about $l2 600
ana include debts Tar back 1884, aud there are no
assets The largest creditors Eugene IA. Hunter,
S3,675; Nicholas u. Hudson, 1000; Mr. WOODS,
81 900. aud the Produce Bank. 1897.
Oitver f. Cromwell bas gone into voluntary bank
ruptcy before Register Ailea There are against HIM