The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-06-12
BUSINESS TROUBLES.
THE PREssURR OF TIE HARD TIMES voLUN-
TARY AND INVOLUNTARY BANKRuPTs

THE PREssURE OF TIE HARD TIMES yOLUN-
rARY AND INVOLUNTARY BANKRUPTs
The failure Of tho Combination Rubber Company,
OF No. 26 Barclay street, il announced The company
was Incorporated and had capital stock OF $50 600.
all of which issued 10 payment Tor mandatory
auc other properly necessary for the business The
officers John Greucen, President; Stanley Greacen
Vice President and f. J. Greaceu, Secretary. They
have factory at No. 525 West Twenty ourth street,
The mach merry has recently been chattel mortgaged
for $I2 600 to j. Greacen, Jr, and 600 TO n. ste
vens and judgment for 81 1865 obtained against
the company by K. Craiahesd. The liabilities amount
$50 o0o in addition 70 $35 600 represented BY
purchase mortgages real estate owned by the
pany. Tho assets consist OF real estate, stock,
machinery ana open accounts, the value OF which is
not known at present. me estate has been placed In
the hands oil. J. Campion as receiver.
The Bronx Company, bieachsrs, dyers and printers
at No. lis Worth street, and Bron xdale, West
chester county, have been adjudcated Involuntary
bankrupts the petition OF ther creditors and the
case has been referred TO Register Fitch The CON-
pany is composed OF Henry Bolton. John W. Bolton
spu Thomas Bolton, Jr.. and succeeded tho nrm OF
Thomas Bolton a. Sous. Fifteen creditors uuiie In
the petition, their clalms aagregating $l9 200 So
among them beng The follows g :-Thomas Bolton
Sr SlO,9S3 Sc; Winiam II. Birchcll, S., or 80;
james W. cowe. 1854 rs; Nathan Brcheii sr.. $500;
john Livingston, So54 81 ; Brchell Sons $500, aud
Joseph Bruins, ST., $685. 90
HICKS, Stewart Il Rosenberg, man acturcrs OF
pants, at No lS4 Church street, and ut Oho
have iaed aud q consultation Of Their creditors was
held yesterday. statement was submitted showing
liabilities amounting TO $lo4,669 ~. ana assets,
$50 900 less $1,000 sold from the Cincinnati stock.
II finally decided 10 appoint committee oil three
10 Investigate affairs ami report 10 tho creditors
The committee Is imposed Of +. VICTOR W. l.. Ponce
roy and Henry Newman. The present lrm VAS organ
izcd May l, 1877, the hrm OF Hicks Stewart
taking in Mr.. Rosenberg, who manufactured their
Andrew BIcakiey, Jr has gone into voluntary bank
ruptcy before ke.i lister Ketchun, having liabilities
amounting to about SIG 600 aud assets. The prin
cipa creditors Andrew Bieakley. Ss,6l6 46 VIII.
tam f. Springstein, 81 o4s 30 anu Charles L. Gowdey,
$1,000
Edward II. Hart manufacturer OF hats at No rs
Greene street, made assignment yesterday Tor the
benefit OF his creditors TO Frederick Lewis. HIS
Liabilities amount 10 over $40, 600 ana soon
statement 10 completed the assignee Will call meet
ing OF tue creditors
h. Bocn sons, manufacturers OF cigars nj No. 364
Canal street, before Register Dayton. They propose
to settle WITH their Creditors ~ twenty-five cents
on the dollar, I'VE cents cash and teu cents each
"a notes unsecured ut threc aud six mo1ths.
The liabilities amount to $50 2s6 distributed among
twenty-our creditors, the tarecst bclg the follow
iug:--Hcnry Nathan, $4,000; 1rer Broincrs,
s5,02s 81; Ii. Colc, 81, o52 Il A. Conn., S1,372 IA;
IL W. Encss sI,2s4 70; a. IL. scov.lle 4 Co.,
ST ,o5e so, auu Peoples Bank, ST 900,
Louis scnicssnscr ana lsiaore wroukow have com.
me- ncca composition proceedings before Register bay
settlement with their creditors nj cents,
cash, On the doiar.
MEETINGS CREDITORS
A meeting OF the Creditors oil sylvester Murphy,
builder at No. 332 Fact FGity-sccond street, heu
yesterday at the Office oil Register DwInt. The
schedules presented showed liabilities amounting "
S437 l5S 3d. but only SIX claims were proved, aggre-
gazing ~, 655, oil which The oiaowing were tho
iargest:--Hugn CASSIDY teAecutotl 81 oil 90;
rimotny Kcliehcr. Sl,Sll 81 ana Rosc Dunn, $l.400
Joun IL. piatt was appointed assignee.
The creditors Of v. H. Stevenson, Jr., real estate
booker ut. No. Pine street, met Yesterday ut the
Office Register Acn. The schedules submitted
show cd liaUics amounting TO s63 900, aud only
claim Was proved ~ Couicrt Brotncrs Tor ,l49 0S.
Hahn plutl xnsn N lodi m
Al meeting OF the creditors oil Oscar II am
editor OF United States Tobacco Journal yes
terday at the Vnce oil Regisxr Littie John Al. Plat
was elected assignee. Two creditors proved clai,nf
aggregating $6,S5I ~, as ioiiows-A l. C. l. Hot,
So v53 10; Scafoaer ~ Bonu, Si,62l o.
The creditors Of Joha w. Scunoiucr, produce dcaci
at No 50 Murray street, met yesterday al inc oince
Of Register Fitch, and elected George HiIl,brand
assignee. six claims we're proved uggtegaiing about
81 $50.