New-York tribune., 1883-10-26
REVERSES IN BUSINESS.
SEVERAL FAILURES ~ THIS CITY.

Herman and Leopold HerzOg, who have car
r,od nm the .nc.s OF manufacturing coa6 and suits in
This civ since june 1881 HeTzOs BIothcGH. made au
agumeut Yesterday to Jacob +. Cuniu. Wn" in tlc
tobacco business Their ouly preferred creditor Is the
Market National Bank, which holds THEN paper Tor
60 s63 o5 pun's reports say they started retail dry
goods hnsiues, al Memphis. Tenn, IN 1864. as H.Hps
Rrother Their business gradually increased until they
became the largest dealers IN their line The series Of
yellow fever eIdccs aut the retail trade la that city
and caused the tn to d5oye in SO. just before the
dissolution Leopold HeTzog had become a partner In
Kremer Herzog & Co., wholesale dealers IN millinery
and notions. and remained there until Iuly 1880, when
he retired and came this city, where Herman Herzog
had started Wholesale leaf tobacco business which he
withdrew from embark in the cloak ANA suit business
fire damaged their stock and machines last fall They
were insured Or 10000 and received $1,000 nom the
interested insurance companies. Their Liabilities are
$4,000 the larger part of which owing for merrhan-
disc and their nominal assets somewhat in OF
this sum Inability realize their asset, ia time u
meet maturing Indebtedness is the primary OF the
failure.
Benjamin l.. & George G. Coffin who are
in the iohhing hosiery business at No - Walkerst,
made an assignment ON Wednesday TO Thomas Citterton
w thOut prcierring any creditor T. L. CONN was tHe
general partner and George g. Collin the special. Ihs
latter employed III the fosi Oee IoI many year. hd
is said to nave anasSed a respectable fortune 4 g. Dun
a Co say that b. L. COin started in business in July
1868. In SccOT, MIIlck 90" JoOptIa III h3'i'h' &C.
VINO were succeeded two years dUerWtFd by Sr'or "
Coffin The death OF the former caused dissolution OF
fhe hrm in October. lS72. Then b. L. Collin took lis
brother George o. aS special partner IN ,lf sum Ul
wasrcncwcd 10 January l, ISL IN MirG1, lN|S tI'T
stock was severely damaged by fire, and u was stated
that the Insurance Oh @to,OVV oI f, no I''T 80 40
loss. At the expiration OF he sPec1 PiI'l7 7nlp ~ ~
January ISL il renewed 10 January ). l~Sb and II
was stipulated that the general partner was To receive
$1,000 per year for his services ana was nor % eng F III
any outside business For several seasons the hu'lhes
has not been particularly profitable and last July tner
rating Duns books was lowered Inc sptcai partner
IS understood he also creditor for money loaned and
the liabilities are said 70 be about $1,000. 100
Iou y Iraphagen a retail clothing dealer at No. 400
Bowery has suspended payment lie has been III bu,i-
made MIN partner under the firm style OF Clark Trap
hagen Hunter. That firm was succeeded in January,
being Homer Baldwin Hunter specuted ia real estate
in Elizabeth, n. j. and Nyack. n y to such am extent
il suspended payment on september 1876 OWING about
SSO,OOO with assets OF S14'OO0 Hultf lulheouaIeiy
retired and the remaining parties made an dSsSnnent
on September II 1876 The liabilities were compromised
a. s er cent nayabe in four eight aud twelve months,
aud Traphagen Baldwin resumed business as Trap
hagen Co. In January, lSSO that nin Lhitd O"lDg
SOM $4,000, with assets OF SJ6sOO settlement at
40 per cent at four eight and twelve months was Elected
Baldwin retired and Trdplagen continued alone. lie
owns some real estate al Fordham with mortgage on
H. The proDabtes are that he will make arrange
ment with his creditors whereby he can resume Odndss
Justice Barrett Supreme Court, Chambers, yestoT-
day granted preliminary injunction IN behalf Of the I'm
poters and Traders National Bank restraining Fcrdi-
nand and Jacob Meyer a. assignOrs simon Danzg.
as assignee, from paying any notes which at ne
time 0 the ieeeh assignment OF tie Meyers were des-
ignated IN the list OF a. made 10 certain u-
Enown holders" OF wuich there were large number.
Under the Insolvency act, assignee has discretion
but TO pay notes and any fraud Is discovered in
die matter the creditors are without remedy regards
the assignee. This is said 10 be the first proceeding OF the
kind before the courts.
The schedules tiled yesterday in connection with the
assignment of William H. and Theodore H. jenkins. sash
and blind makers OF No. 237 Canalst., give liabilities ~
Sl79 794 21 tne nominal assets $l61794 2l and the
actual assets as $4,000 So
CHICAGO. Oct 25.-Eddy, Harvey Co., dealers In hats,
caps and furs made voluntary assignment to-day, but
statement Is made that the trouble Il only temporary
No schedule Of the firms assets and liabilities has yet
been filed The liabilities estimated at S2OOOOO No
estimate OF its Is attainabe The firms debts
chiefly in York. The immediate OF the failure
Is understood be the maturing of paper in that city
which the Grm unable 10 meet II was In strait
ened circumstances year ago. but took In special part
ners with S15OOOO capital and added boot and shOe dc
paTtments. The failure Was therefore unlocked tor.
Conrad Kattentdt, manufacturer OF copper kettles,
boilers and stills, has made voluntary ASST nent Ills
liabilities 100000 assets, estimated AT $4,000. His
creditors chiefly in Chicago and Pittsburg