The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1884-05-24
LOCAL MATTERS.
s. BLANCHARD.
Assignment for Benefi, OF Creditors Made By
This Leading House.

Assignment for Benefit Of Creditors Made BIZ
This Leading House.
Mr.. s. Blanchard, wholesale grocer and
importer on Virginia street. near the Dan
vile depot, made an assignment for the
benefit OF his creditors yesterday.
Mi. Blanchard Is the son Of s. G. Blanch-
ard, Esq. OF Boston, gentleman well
known In that city, who made fortune In
the shipping business, and has OF late been
In the insurance line. and Is rated by one
OF the commercial agencies rs worth $780,
900, and very solid. He was special
partner in his sons business until some.
time back. His sop-in-law, Mr.. w. S.
Forbes, formerly OF Charlotte. N. c., was,
or was looked upon as, the manager Of the
business here. which consisted largely in
the importation Of coffee and molasscs.
The Blanchard warehouse is the finest in
the city. 1t is OF brick and iron on
granite foundation, and Is excellently To-
Gated. This building was owned by the
father (sfr. s. c. Blauchard). as was the
elegant house 500 west Franklin, in which
Mr.. Forbes resided. The warehouse was
few days ago conveyed to Paul G..
Blanchard, OF Yarmouth. for $4,000. and
the Franklin-street house to Mr.. Forbes,
trustee for his wife, Anna w. Forbes, for
$3.50
The deed made by Mr.. S. Blanchard (the
SOM names John Pickerel (of Rchmond)
and George Roundtree (of New York; as
the trustees and assigns OF all his "proper-
ty, assets, and estates OF every kind, con-
slsting Of the goods, wares. and merchan-
disc in the brick warehouse numbered 124,
126, 12S, 100, consisting Of cofiees, meats,
sugars, syrups, molasses, lard, Office and
store furniture. iron safe, engine, boiler,
and all other personal property OF said
Sylvanus Blanchard on said premises, aud
also all his book-accounts and balances,
and other evidences OF debt OF every de-
scription; also one horse, buggy, village
cart, and set OF harness, schedule OF which
assets Is marked A."
The deed further says:
Aud after the payment Of all proper costs
and expenses said trustees shall pay in
full, or IL the fund be found INSULT
cient to pay in full, then to pay pro rata
to such OF the creditors named IN Schedule
"B," hereto annexed and made part OF
this deed, as shall within sixty days from
the date this deed Is filed for record in the
Clerks Office OF the Richmond Chancery
Court make themselves party thereto, and
by executing the same agree to accept the
provisions of this deed as in full satisiac
ton, release, and discharge OF their re-
spective debts, listed in said Schedule ''B.'
And it is understood that whilst said debts
are believed to be accurately stated, never
theless the execution Of this deed by such
creditors shall be full discharge and
satisfaction Of said debts, whether the
amount be correctly stated or not. But
any such error shall be corrected, and the
creditor thereby affected shall participate
in said distribution according to the actual
Indebtedness intended to be secured
herein.
And should any OF said creditors in
Schedule B fail or refuse TO accept the pro-
visions OF this deed within the period
aforesaid-to wit, sixty DAYS from the date
this deed is filed for record in said Chan
Gerry Court-then any surplus remaining OF
said trust fund, after paying in full the
debts due the said accepting creditors,
shall he paid pro rata to the other creditors
named in said schedule, and the said
parties OF the third part, creditors OF Syl-
yanus Blanchard, whose names are listed
in Schedule 3D." do, in consideration OF
the surrender herein made by him OF all
his property and estate, agree to re-
lease and discharge, and by these
presents do release and discharge, the
SAID Sylvanus Blanchard from all lia-
bility to them and each OF them for the
debts respectively due them as aforesaid,
and they and each OF them hereby agree to
accept, and do hereby accept, the provi-
sions made in this deed as in full satisfac-
ton and discharge OF their said respective
debts. And it is further provided that in
case the said trustees, under the powers
herein conferred, shall deem it to the in
| terest of the SAID creditors to make private
| sales OF the property herein conveyed, all
| OF said personal property remaining unsOld
at the expiration Of sixty days from the
date of this deed shall be sold at public
auction upon the terms and in the manner
| hereinbefore provided. And it Is also
provided that in case OF the death OF either
| trustee, or the failure or refusal OF either
of them to execute this trust, then the eX-
ecution thereof shall devolye on the other
trustees, who are hereby clothed, in such
contingency, with all the powers which
by the terms hereof are Jointly vested in
them. Special reference is hereby made to
the written Obligation Of S. G. Blanchard,
| date even date herewith, and the same is
hereby made part and parcel OF this deed.
and TO be recorded herewith"
The deed is signed by Sylvanus Blanch-
ard, and is to be further signed by the
creditors who come in under its terms.
The written obligation OF 5. c. Blanchard
referred to above recognizes his liabil-
ity as endorser, guarantor,'or surety on
the debts due Kidder, Peabody & Co., OF
Boston; the Massachusetts, National Bank
of Boston, and the State Bank OF Virginia.
Schedule " :" referred to is a list Of the
personal property and chooses in action,
amounting to $144,000.
Schedule "B" embraces a list OF cred
itors, as follows:
Kidder, Peabody & CO., attorneys for
barring Brothers & Co, Boston -. s146,990 so
,...............,....... 80. 10000 90
r. j. Lurman, Baltimore. S,400 90
State Bank of Virginia, Richmond. 12,500 90
Brooklyn sugar-Refning Company,
New York. ........................... 1880 w
HevermeIer Sugar-Re1ning COmpa-
NY, New York......... ...........'.. 1854 80
Anderson 4 Adams, New York....... 6S7 81
Chicago Sugar-ReGning Company... 5l5 "a
NJ. X. Fairbanks Co., Chicago...... 40l 20
X. II. Whitlock, about. ................. 4OO w
Total. ....................s223,30 40