The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-06-26
THE rDIANAPoL1s JOURNAL. FRIDAY, JUNE ae. 1855.

to whom preference is given over plaintiff. She
alleges that If the sale is made it will be for
about one-half of the value of the property, and
that not enough will be realized to pay her
claim. She asks that Judgment be given her for
81, 500; that a receiver be appointed, and that
Winter be enjoined from selling the plant until
her complaint is heard, and from making any
distribution of the assets among the creditors
until her rights are adjudicated. Harrison, Mil
Ter & Elan are the attorneys for Mrs. Stilz.
Yesterday morning in the recorders Office
was filed a chattel mortgage giving all the stock,
manufactured and otherwise, machinery and
fixtures, in trust to Charles Fiske to secure the
payment of more than two months wages due
workmen and laborers at the works. The
amounts specified aggregate 50, 345, but of this
sum $98Z16 is due William P. Ijams,
as assignee Of the March payroll.
The other amounts run from So. SO up to 1857. 80.
A stort time afterward the company learned of
the suit filed by Mrs. Still. A consultation oc-
Cured among the company's officers, when it
was decided to obviate further trouble by max
ing an assignment. The deed to this effect.
making James P.Baker assignee, was filed at 400
o'clock yesterday afternoon. The assets consist
of the plant, valued at $4,000, and $l4. 7S4 IN
accounts due the company, the largest of which
is for 5,298, due from Mccormick, Hege d
Redmond, subject to assignment made. to j. j.
Cooper. The next largest is against the Rich
mond Insane Asylum, for So, 004. Among these
appears an account due from the st. Louis Ex-
position and Music Hall Association, for $764. 90.
This assignment is subject to the chattel mort
gage made to Fiske.
'No mention of the liabilities was made in the
deed of assignment" said Mr.. Foster, because
they have not been fully determined, as there are
certain alleged claims which the company will
not admit"
'The liabilities" said Mr.. Winter, 'are So, 345
to employees, who are the only preferred cred
itors, 81, $50 notes for borrowed money and So, 900
notes and accounts for supplies, amounting in all
to So, 1875. This sum is conceded. but there is a
note for So, 500 in the hands of Charles O'Boyle
and others amounting to $14, 445, made payable to
Stilz and Dickinson, which the company does not
admit Eight thousand dollars of this latter
amount is said to be in notes issued to Dicken-
son."
The assignment, it is said by the officers, was
taken az the only way out OF the embarrass-
ments. They claim that it is a good business
opportunity and can be made a very successful
enterprise by judicious management.
The action of yesterday has again set In
motion certain grave rumors concerning the
financial standing of Mr.. Dickinson, which have
long been current, but which those who have
been in position to know the truth con-
corning them have failed either to confirm or
deny when questioned by newspaper reporters.
Mr.. Dickinson has been absent from the city for
several weeks until a few days ago, when he re-
turned for a brief stay. He remained but a few
days, however, and is at present sojourning else
where, but it is stated that he will shortly
return.