New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-24
FREIGHT MONEY WITHHELD
RAILROADS WAITING FOR WHAT IS DUE.

THE LIQUIDATION OF sEAGER BROTHERS LtA'iNo
UNPAID CLAIMS AGAINST sTEAMERs-IRANsfhh
OF THE FIRMS AGENCIES.
There has been much discussion within few days
in shipbrokerage CIRCLES OF vne anas Si poaer
81 and was composed Of John Z. Seager aud ms
brothers, Charles and Marx. They are now gong
Through liquidation, but their ship-brokerage Ousl-
ness Is being carried on by the company OF Seager
Brothcrs limited at No. 81 Broad-st. ms rs -
stock company, with capital OF TlOoVVp. d nc
Street stories have been TO the effect that Tue Go
solved firm left considerable debts to the steahS rp
owners for which they acted as agents mere. thn9
is denied by Mr.. SeageT who says no"eNei, IL
there are unsettled matters when aro ho" ""D0
Considerable ill-feeng is felt by the railroad nGsr
companies which have had deaIIngI WV" Soa7er
Drofhers over their treatment OF thehl; o caEJJd
Grotbers have been the agents of several outside
Ir.ight steamship lines running 70 this POI !. iris
ms n ocean trampsb in distinction from the
ceo,lor incorporated transatlantic cohipan'cI m1J
the Twin Screw ieomnohtSS e Carr Line. running
r. Uamhurg: the Fabre Line, running 10 Oeho" ~
M,rseiIles and line running 10 Itie f 1T
steamers in these lines have been receiVlhE 90 %
s;,Lt from the New-York Central, the Ere tlls
pennsylvania and the Delaware LaeKawalia &c az ~
Western railroads. The hrln, up 10 the lno 10 pn 9
dissolntion always paid the money due on Tue IN
land freight charges TO the companies. " 1 eh ny
.crnoTatl0n of Seager Brothers was formed he IaIl
roaSs yycrc left with unsettled claims against 'ne
i,on,Sb;n owners which Mr.. Seager declined TO
nay The roads admit that they nave ilo 80, 80
aIaims against Seager Brothers. Dut as lne idttel
had always heretofore paid Their DIS aganS. NV
,ainerS tbev feel agnleved at the action OF the
firm RumOr placed the amount OF these claims a'
100000. 1t is believed tiat 1hls sum Is Is, Nv
ggcroted or else that il Las been reduced py pay
Srnts The New-York Central hoids ciIinS M
uncollccted freight, PRINCIPALLY AGAINST tne stdted
~ tbc comnany to be ~ POO At the Office OF
j3ucs W. Elwell 4 Co., No. .! Southst:; was
stated that the Fabre Line had PAID Sl,ZOo on
nIssyare tackawanna and Western Railroad;
Rnmor pits the claim of the Pennsylvania Railroad
at 81 900. r1m1,ooisro,y
with Henderson Brothers, agents for the Anchor
line That of the Carr Line has been placeI witI
Phelps Brothers the FabTG Line T't Fu1c w. rdve
20 In ship-brokerage circles these transfers are III
ternreted as proof of the dissatisfaction OF te snip
owners with their relations with Seagor DIoIhcIS
Jobn q Seaper denied that this was the case lie
stated that all the new agencies were temporary
pendng negotiations with the Seagcr BTOthers COT
noration for future arrangements, and added'
The old firm OF seager Brothcrs is not IN e1lsece any
better arrangements may have been ae tlan III. W. ~,
porstion would offer the lines we are ihf thew are
asmiu.t The steamers Il is no! tiue that we nave COZ
rhc,e nre claims on both sides in this matter. and
w., are now i'm treaty for their settlement Mr. carr %
, ,'' Ne have not suspended made assignment
and oar relations with the steamship lines arc o"'
private affairs. 800, - ,,.r
Il was reported that the Tower Hill, of the I'LL
Inc which is due here Monday under chartet l(
Henderson Brothers, wOuld be hbeuel on us arINa
bv The New-York Central. At the foreign IIelght
oiicr of that road IT was stated yesterday that ne
course of action had been decided upon me com
pany's crafts the London agents OF the line mac
not vet heen nrotcscd If they were protested the
.s6ps wond probably he lbeled. But II was ex
nected that lll Brothers would settle the Central
William Coverley of Henderson Brothers, sale
that thew were awaiting advjces from London as e
their position. All. they knew now was tat lucy
lad been instructed to receive the Tower HILL
John C. Seager has been prominent as n snip
Iroker for the last years. He 10 credited VIII
having made II great deal of money, but snip
Lrokpr. say that the business has been 50 dull i0
more than a year that there WAS ample room loi
linn TO lose heavily if he took many charters on spec
ulaton Mr. Scagcr has a large circle OF iriehd'
who wish him a fall recovery of prosperity. AIonl
the directors of Seagrr Brother; Iimitedl are i
Osborn of No 10 Beaver-St., w. B. Fisher, OF l
A. T. Moore 81 Co. at No. $40 Pearl ano
Peter H. Walsh at No. 100 Soathst.