New-York tribune., 1886-07-28
RECEIVER FOR A BIG CHEMICAL FIRM
DIFFERENCES AMONG MARTIN KALBFLEIscHs SONS


n,ryrRrScKs AMONG MARTIN KALBFLEIscHs SONS
-ExCEss OF ASSETS.
An announcement that a receiver had been ap-
nonteI for the firm of Martin kalbhesche sons.
one of the largest aud best known chemical manu-
f.ctnring brms of Brooklyn, was a great surprise
he Nrw.York office OF the 6rm No. 55 Fulton-st,
confirmed tue statement he receiver sppoiWVtofH
is William Brook hed, well:known new-iSTk
merchant dong business at No. 40 Clh-st MI.
Rrook6eId is one of the largest creditors OF the
hrm The application was MADE Nv H. M. ~ Ho
man, of BROOKLYN, wh9 apPiiS apPeaircSS a. The snie was
Sronebt against Charles Ii. Kalbteisch, the thlru
SOU. The tapers in the case indlcste oinefenc1 s
betweeu the members of the firm "a to the conauoI
of th. business, making further harmony petween
them as A nrm practically Impossible. DO stase-
ment Of their standing indcases arg gwen
st II OOC 600 and tue assets at III ,bOO,OOO Inc
papers also show that the firm stopped pavment o9
last Saturday afternoon on the presentation oi
.syorat notes Amounting in all to about SIS 900
The receiver took possession OF MS oInco anu .n1
property of the firm yesterday anu touay n0 IT, ~.
fevr,, II prepare an Inventory Of the sssets- Inc
law firm OF Alexander 81 Green were appoln ted
counsel FOR the receiver. Charles b. Alexander
passed most of yesterday afternoon at tne ultoH-
81 Office In answer to an inquiry as 10 the stanu-
Il don't believe the creditors will lose any money
whatever. There seem to De ample asseIs I" PSy
every cent the FIRM oWes" . III A.
Are the creditors generally In accord with the
So far as l have seen tuem they appear to be
entirely satisfied with the situation oil anars: Inc
trouble is family affair not business W. hans
and tue receiver expects in short time 70 nave
report prepared for the creditors giving q complete
statement of tho business" . .a
Tine firm of Martin Kalbdeisch's Sons Is en- gageo
mainly in the manufacture of acids Their factory
AT Morrn-ave aud Urand-st.. Brooklyn Is one OF
the largest IN this country Martn NJ .aH;nS
isrJ forinue 10 his sons and the business has been
carried ON by them to the present time IL mas
always hs Ssfn family SSoHss has hsS standing IN Brooklyn
and the fact that these differences nave atlSen
smouv its members will I've surprise 70 many
THE SINKING FUN COMMISSIONERS.
Tne Sinking Fund CommissiOnere YESTERDAY
leased for two years from Fraucls r. puoOls tne
building No. 7O2 Westcbester-ave.. 10 the annexed
nI., uct TO be used as a dispensary for OUTDOOR
poor. The annual rental beng $40.
The sum Of 81 100000 was transferred from ron
the ,nc.e, Og the Of cts Rs
iebt. The sum of $4,000 was paid to the CITY
Chamberlain, representing fines Tor VOCATION OF
the DAIRY act. to be placed to the credit OF the
State Darv Association.
The question of building an armory ior one on Sne
was discussed by the COMMISSIONER. In. ne
estimated cost was fixed at $499,67!. President
amount of money could be saved II the market
buildings were utilized for armoriee AodlnR 10
per cent to the estimated cost OF the Oaneoyoort
this city Mayor Grace said that either the 71st or
9th Regiment would be wiling 10 occupy an
for one week TO enable the commissioners 10 con-
ut the architect and ascertain how lar the origl-
nal plans would need to bc changed.
THE Controller was Authorized 70 pay to the New
FORK Central aud Hudson River Railroad Company
81. Sal 35 Overpaid Tents for ferries used oy the
West shore Railroad. ,,.,.
Inc Corporation Counsel was directed to sell at
,uct,on the premises No. "a Maiden Lane and tine
noTtheast corner Of William and New Chambers
ua TOR forcoloeed mortgages on account OF pur-
shase money aud unpaid taxes. The amount Que
the city on the first piece of property o.
and on the latter $63.71O Oh. -
The New-Jersey Transportation COMPANY wa en-
TONED recently at the instance OF tne SoIpVLsoVoo
tounsel from running its boats from fier NO; 19
North River TO Staten Island. Since tno muu
West show opeued on Station Island the stSam KEEL
boat Jonn sylvester has been running from Wcst ~
Twenty-third-st. 10 Staten Island cnsrging 20
cents for the round trip. The New-Jersey trans
vcptStion COMPANY Yesterday sent protest to the
Einking Fund Commission against permitting tnis.
tt was referred tO the Corporation Counsei.
NO DISCRIMINATION SHOWN.
A statement was published yesterday attacking
the Governing Committee OF the STOCK Excnsnge
Tor discriminating agains' certain STOCK certncete
engravcrs by declining 70 Inst stocks engrsveaA 10y Dy
fhem, II was said that the American Bank Note
Company had monopoly Of the work: A member
Of the Listing Committee said In replying 70 TINS
charge;
The Exchange has interest 10 eneravfng companies
ousde OF security and safety Of Aonds sna etoeks en-
rrsysd by them. They 0ust pfoteet EhomsotveS
Sxsnss any possibility of aecspupG work rom Any eon
eern whose business might possiely 30 eoo eut ena
shstr pstss BE- sold auctisa. There - no wesepoy
- ehA oamek ~ q.