The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-02-26
THE RITzINGERS' AFFAIRS.
The Assignee's Appraisement on the
Assets and the Liabilities.
He Estimates that the Creditors Will Realize
About Forty-Fiye Per Cent. of the
Amount of Their Claims.

George B. Yandes. assignee Of the Ritzinger
Bank. fled in the Circuit Court, yesterday, his
report Of the assets and liabilities, with the ap-
praised value of the former. He stated that the
apprasement Of the various properties had been
made by men thoroughly conversant with such
values, and that they had taken great care in
their work. If there are any specific valuations
OF the real estate which are too high or too low,
the just value can be obtained at the sale of the
property. He does not apprehend that there
will be any diffculty'in finding a market for it.
The report is as follows:
Inventory made by George B. Yandes assignee of the
assets personal and real, of Ritzinger & Co, and
Augustus w. Ritzinger and Frank l.. Ritzinger.
with appraisement thereof. made in the presence of
said assignee
Summary. Appraised Value.
Notes, etc. assigned by Ritzinger Co. S45 ASH IS
Notes Endorsed by Ritzinger & Co. to
Nassau Bank New York. as collateral SO 1855
Notes, ETC., in hands of correspondents
and attorneys for collection 9O4. Ga
Cash items ..------ 1,39O.35
Building saving and loan association
snares, etc.. IL ZO7.S7
Miscellaneous rights, etc. ...-. 10000
Bank furniture and fixtures. ......----.. $3.50
Accounts due Ritzinger & Co., being
overdrafts etc. ...---.---.-...... 4,162.S2
Personal property, stock, notes,
ETC., assigned by A. W. Ritz
niger, assignor. --..-..--.-.--. 10000 1880
Personal property, stock, notes.
ETC., assigned by =. L. Ritz
Amount set off to F. L. Ritzing-
The foregoing appraised by VIM. Cough
len and F. NJ. Churchman.
Notes held by Indiana National Bank
as collateral. .-.-..-..-----..-...--. 21,77O.42
Notes held by, Espey, Heidelbach & Co.
Appraised by VIM. P. Gallup and F. M.
Churchman.
Notes held as collateral by s. A. Fletcher
CO., appraised by VIM. p. Gallup
and VIM. Coughlen. 1O,2O2.2 %
assigned BY Ritzinger & Co.-.... 4,4o1.9 80
Personal property assigned by
f. L. Ritznger 447.5O
Amount set off to F. l.. Ritzin-
ger, assignor. --.--....-----, 447.5O
Personal property assigned by
Augustus w. Ritznger. 298.00
Amount set off to A. w. Ritzin-
Appraised by John A. Bradshaw and
John Landers.
Real estate in Marion county, Ind, ap-
praised by John s. Spann and Charles
Real estate in Madison county CUNT Indiana,
A. ]. Davis and j. L. Forkner, apprais.
erS-s. G4OUO
Real estate in Greene county Indiana B.
NJ Sherwood and j. P. Terhune, APP
Stock as Of nauors at ivra Hall building. s.S1i52
Accounts growing out of liquor business. 1912
Notes growing out of liquor business. 21S1l
Appraised by James r. Ross and
James Thompson.
Stock of tobacco, ETC., Louis Mas and
Peter Uhl appraisers .... 373985
The assignee received in cash. ...... 2,067.54
Total. ,827.74
The assignee is not required to make statement of
liabilities at this stage of his duties He has endeav
ored to ascertain approximately the amount of such
iabili ties, and the following is approximate esti-
mate:
Certificates of deposit ,576.1S
Deposit account. ACKNOWLEDGEMENTS. 5S,725.5O
Due other banks Observation-Disclosures. 71,450.O0
Mortgage assumed on Centennial Block
property --.-............. 10000 90
Other indebtedness. Observation-Disclosures. 10,116.S5
Total 1856, 96S. SO