Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1878-05-17

The CREDITORS of the StAlbans Foundry
Company met before Register Lawrence, in
this city, Saturday, when something like
So, 900 in claims were proved. The Com
pany offer ten cents on the dollar; and in
order to give the creditors time to consider
this proposition an adjournment was had
until May 20. The unencumbered assets of
the company are as follows Stock and
machinery, S4l,3l2; bills of exchange,
1924: open accounts. Sll,247; real es-
tate, $1,000, total nominal assets,
SIS. s34 real value Of assets
$50 900. The unsecured liabilities are
(including some $1,000 Of preferred
debts) the enormous sum of S2j5, 1863. I2.
The largest unsecured creditors are as fol-
lows: Merchants National Bank OF this
city, Sll 900; ". c. Smith, of St. Adams,
SCI 400 First National Bank. of St. Johns
bury, S25, 900: National Park Bank of
New York city. $4,000; First National
Bank, of St. Adams, $4,000; Frederick
SupahC nun -NCH VI
Sl4,9s2; }. q. and W. c. Smith, of ST. Al
bans, SIl. $50; Middlebury National Bank.
Mortified National Bank and Malone(N "
National Bank 5000 each; Waterbury
National Bank and PrGnix (of Hartford,
CT National Bank, IS 600 each Merchants
National Bank of St. bloomsbury and Ran
dOlph National Bank. $4,000 each Fred
Fletcher. of St. Johnsbury. $500; St.
Adams Trust Company, Sl,s40.
The secured creditors are the Merchants
National Bank, of this city, for 5000.
and the First National Bank of ST. Adams.
for SIS 900.
The foundery is mortgaged for $2l goo
tits full vslue) to Messrs. j. &. and W. &.
Smith. of st. Adams.
We understand that though the Mer-
chants Bank, Of this city. is in the list of
unsecured creditors" to the amount above
stated, the fact il that it is fully secured on
all the paper of the Foundery Company held
by it.
PEDEsTRIANIsN. - The thirty-six hour
walking mstck between professionals and
amateurs, began IN New York, Friday
morning, and the first ten miles were finish
ed as follows: Van Ness, I:iO:5 Wiezell,
I:4l:45 More, I:42;5O; O'Briel. 1880;
Haydock. l:45:30; Downey, l:44:46; Harri-
man, l:46:45: Ennis. l:i2: As: Rice (of Rut-
land) l:49:2l. By midnight most of the
contestants bad either dropped out Or were
hopelessly behind, and it was plain that the
race lay between Hartman and Guyou,
with betting in favor of the former The
match closed Saturday night A. IIarri
man. OF Hsverhill, Mass. the winner,
walked 100 miles with only seventeen min
ntes' rest. In the twenty-lour hours walk.
James GIllie, the winner, made los miles in
% hours and four minutes.
At Buffalo, Michael Byrne, tho amateur
pedestrian who started to walk 400 miles in
l2S hours. accomplished the feat, with five
minutes and Al seconds to spare.
There are betting men in Toronto who
propose to put a pedestrian round the earth
in two years or Whereabouts, bs cking his
legs to the tune of $4,000. The man is
one Henderson. Scotchman, twenty-eight
years of age. and he is to choose the lOcall-
ties in which to walk aud time his rests to
please himself lie will visit the principal
cities OF America, and visit the Paris Ex-
hibltion at Its close. walking on ship board
if necessary. To accomplish hiS task and
win his wager no must average iorty miles