The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1884-07-17
B1rs1NEss FA1LuRE-nn Friday last

BUSINESS FAILURE.-On Friday last
Maj. j. w. Newton made an assignment,
with James Bumgardner, jr., trustee, for
the benefit of his creditors. His liabili-
ties are placed at $40, 500, and assets at
$23, 800. 1t is believed that with careful
management there will be realized on the
assets enough to nearly pay the liabilities.
Maj. Newton's action in the matter is
highly creditable to him, under the cir
cumstances. A minute exhibit of his bust
ness, showing every dollar taken IN and
how expended, evidences that he has been
sinking money for several years past, but
in the hope of improved business and
greater revenues, he delayed the action
that he finally determined to take. Justice
to himself and creditors compelled the as
slgnment, which was made at time to
prevent unnecessary costs and leave to the
creditors every dollar that can be made
available. He reserves nothing for him
self under any of the protective laws of
the State, but surrenders everything to
meet his honest debts. Trust obligations
to Orphans and females are first in the list
secured, and others in the relation they
bear to the highest sense of honor.
His full and complete statement of his
business frankly communicated to his
creditors brought, i'll return, kind and SYM
pathizing responses, and the expression of
confidence i'll his integrity and the honest
intentions which have governed his course.
The stores at Staunton and Raphine will
be closed out cautiously and carefully, so
as not to sacrifice the goods, and as much
to.the advantage of creditors as possible.
CHARGED WITH A GRAVE OFFENCE
On Friday last, Margaret Greaver was ar
raigned before U. S. Commissioner w. B.
Lurty, charged with using the United
States Mails for the transportation of OBJ
scene literature. The accused was repre-
scented by Judge J. H. McCue and Rock
lngham Paul, ESQ.,, and A. G. Braxton,
ESQ.,, represented the prosecution. The
principal witnesses were ]. T. Parent and
Robt. Noon. Mr.. Parent testified that,
suspecting the accused of the crime
charged he had Swallowed her one evening
last week. He saw her in company with
her sister pass the postoffice after it was
closed in the evening, and go into Mr..
Craig's store nearly opposite. Whilst she
was in there. he notified Mr.. Noon, the
postal clerk, to clear the letter-box of its
contents. This was done, and Mr.. Par
rent took up his stand nearly opposite,
, and saw that no other mail was placed in
the box before the accused came out of
the store. When she came ont he saw
her cross over the street and put something
iii the letter-box. He Immediately went
to the postoflice, had the box opened and
found two letters in the same handwriting,
one of which was of the most obscene
character.
Mr. Noon corroborated the testimony of
Mr.. Parent
The defence introduced no witnesses,
and commended that there was no evidence
to prove knowledge of the contents of
the letters on the part of the accused,
there being no signature to it. and no
proof that it was in her handwriting.
The Commissioner decided the case against
the government, substantially on the above
grounds.