Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1886-12-07
THILURE OF AN OLD FIRM.
A,signmept Of .. Il. spence d Son fei
the Benefit of Creators.

Yesterday morning a deed Of assign
r.eBt was flied 10 the Chancery-Couf
clerks oilicr from L. p. spence & Son
(Elias i. and l.. Leslie Spence, partners to
CYRUS Bossicux and Frank l. Starse. trus-
tees. The liabilities are stated at s23. 93l. 81.
The assets, the deed says, are worth at cost
price 10 least $4,000. exclusive Of the
tboses IL action and the deb;s due
The firm. The stock consists II ready
made clothing. cloths, suitugs, UNI
br' Has. and gcutlemen's furnishing good,
of al kinds ID the store No. J0l east Main
stitel: also, mirrors, counters, irou safe,
shelving. and all other fixtures. The trus-
les are directed 10 take immediate posses
sion and make q correct inventory OF the
assets and convert them into cash a speedi-
" a. they can do so with advantage 10 thf
trust fund.
After the payment of fees OF counsel for
preparing The deed and executing the same
and hOust-rent now due and 10 become
Que, the trustees shall apply the proceeds OF
the property. etc, 10 the payment OF debts
in the folio wing order:
First. Tie trustee shall In the frat place
and IN 'hc first class pay pro rdt1 the fol-
lowing Cebis To the Planters National
Bank, Richmond, three notes dated No
yeuher 9, lSSG-One for $3.50, at thirty
day: one Tor SljO, al sixty days, and ths
thId Tor $500. a ninety day; 10 LOUIS i.
BOs>i'uX. due-bill dated December /, lS>G,
FOR Sl,4G2.jS. In the second class q. GRAY
Bo,situx. for $500 due by due-blll dated
>cpiCmtcr -. 1856. i the first creditor
Damtu. NeXI comes amounts due by noie-
and checks 10 the estate Oi Louis J. BOs-
>ieIIx. r. follows: Nute dated March 90,
1856, at nipeiv days. for $500; note dated
March 30, lSsG. al ninety days, $500; note
dated March 81, 1856. al sixty days, $500;
notc dated April 90. 1856, at ninety days,
for $500: note dated April -. lsSJ. sixty
days. foI $500; note dated April -, 1856.
ninGy days. foT $500; Oheck on Planters
Bank dnted Nav I, 1855. for $3.50: another
check on sane bank dated June Il, lSSG,
for $50.
Then comes creditors IN the following
order: Warren d Quarles, $3.50; +. William
Pcmbtrt0D. $50; Charles 4. Spence,
81 ,C3l jC-borrowed money and salary to
december 1t; L. Harvey spence, Sis7; !.
". Siniou. 500; Mrs. +. +. Eddin..
SIS 40; George ". Anderson, S200; I. G.
" oody. 500.
Third cla,.: HeDklcms, Jackson 4 Co..
Bst'Dore, 500 40: Banner Brothers,
New YORK. Sl.Sl3.0 %; o. f. weisiger 4 Co.
Richmond. 500; Weisieer a Tifauv. s257
Folke & Snl>ker. Baltimore, S2,720.56;
Armstrong, Ca;Or 4 90, Baltimore,
Sl.6j3C9; Robert More IL Co, Baltimore,
$50 81; George y Chase & co.. Baltimore.
S15.g4; Daniel Miller& Co.. s297.S0: Hodge.
Brothers & Co 5000: Juds0n Brothers.
New York, S70C5G; Norris. Leonard &
Pickett, New ork, S3l0 20; bari & Wilson.
New York, sl0.51: ". &. Peet, New York,
$50; DaytOn a Close, New York,
J. Il. 7. Rine, New York. $50;
Hornthall, " Whitehead. We sman & Co..
New York, SD; William Taylor d Co..
New York, S3j; J. VI. Goddard * sons,
New York, S97.G6; Coon 8 Co., New York.
S23; American Hosiery COMPANY, S3j2.7j, |
J. \. Neonard a. Co. S4-o, Rose Broihe's |
A Hartman, Lancaster, Pa. sl72.70. and !
other small account, sia'n citing TO S591.S1. |
The city newspapers AT al,O included IN !
The deed. but the amounts Of indebtedness |
are unknown.
Messrs. +. b. spence q son j. an Ol3-es- !
ablisbed firm which was begun by the !
senior member perhsps fifty wears AGO. l. |
: 10 be hoped the embarrassment of the tirm |
null prOYe OnN temporary.