Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1886-07-11
south BROS ASSIGN.
A Heavy Failure in the wholsals Liquor
Trade
LIABILITIESUNKNOWN, BUTLARGE
Schedule Of the Preferred Creditors TO the
Amount Of $1,000.

Yesterday morning FHman cou.h anu
Eyerly South, partners in the wholesale
LIQUOR trade, under the firm name OF South
Bros, doing business at No. 1927 Main
street. made an assignment to Herman
Schloss, of Pittsburg, for the benefit OF
their creditors. The deed of assignment,
which bears date of July 10, conveys to the
assignee all the stock of liquors, case
goods. mineral waters, tobacco, cigars, and
other merchandise in the place Of business
occupied by the firm, together with al
book accounts, notes, judgments, claims,
and other evidences of indebted
ness belonging or due to the said firm o
South Bros, together with any other as
sets belonging to the firm, with the usua
authority to collect and sell the same
said assets including the leaf tobacco be
| longing to said firm, but procured iii ordel
TO be manufactured by them under IL
cense issued in the name OF Frederici
Roller. but said transfer Is not to INCLUDE
three barrels of whisky, the property o
/. l. Garard. stored with said firm at thei
place of business. -
The assignee is first to pay to h. III
Russell S25. for professional services ant
the expense of recording the deed oil assign
ment.
Seeondly-He is TO pay the expenses o
executing the trust, including the usua
commissions.
Third-He is to pay to Annie T. Cald
we'll. rent due on the premises occupied.
! Fourth-He is TO pay 10 the employer
of the firm such accounts IS are now du'
I them.
| Fifh-He shall pay to the firm of Adler
! Roedelhcim 4 Co., Of Pittsburg, tn
sum of 8, 800 30, with interest on the sew
eral parcels thereof, rs follows: note du
June "A. 1886, for $50 81; check du'
July :. 1856, for 500: check due Jul!
IL. 1886. for 1872 IS; the sum OF SsS W
balance due OH n note due December ~
1885; the sum of 1858 IL, OH a note du
January %. 1856; the sum OF S153 II, on
note due March /, 1886; the sum of Si52 81
on a note made by Bridget Noon and en-
dorsed by South Bros. the sum OF Sl2l 8!
ON a note made by W. Handlan and en-
dorsed by South Bros, and tn
sum of S542 90, on al open aecoun
due June ], 1SS6. The asslgne
is also to pay to the said Adler, Roedelhein
& Co. such amounts as they shall pay a
endorsers on three notes made TO thei
order by said South Bros. and by then
endorsed and discounted. aggregating In
sum of S1,0ll.l3, one of which Is 10
S3ls. 80. due August 4, lSS5; another
which is for S346 Al. due July %, 1ss6
and the third of which is for S3i6. ~, du
August %, 1856.
Sixth-After making the payments here
tofore mentioned. the assignee Is, out OF an.
residue then remaining 10 pay to NJ. u
Coney, of Brownsville, Pa, the sum o
S642, due him on q note made by tSc sai'
South Bros, dated July ], lss6, and pay
able one day after date.
Seventh-Thc assignee is then TO pay t.
Samuel Thompson. of Brownsville, Pa.
the sum of 81, 1872, with interest iron
the maturity Of the notes until paid dn
him on three notes, one of which Is 10
1854. due July %, lsS6, another 70
$685.. ~. due August 20, lSS6, and tn
other for S:,S5 81, due September 26, lsst
Eighth-After making all the payment
already mentioned, the assignee Is TO pay {
". A. Carter. such amount, not exceed
ing, however, the sum Of $3.50, rs he shall
be required TO pay on note for 81 900, mad
by the said Carter, and on which Firma
South is also a party, which note wa
used to borrow a sum of money, Of whic
$3.50 was used by said South Bros. He
also to pay said Carter such amount a
Carter shall be required TO pay as accom-
mediation endorser on note made by sal
South Bros, for 500. and now held by I'll
Commercial Bank, due July 3, lss6. Thi
note has been reduced By a credit Of Sl0-
Ninth. Pay to William BrittOn, G
Brownsville Pa, the sum of $50, du
him on All open account.
Tenth-Pay ratably all other indebted
ness Of the firm out of any residue whic|
may remain after the preferences are pro
vided for.
A reporter called upon MI
SchiOss, the assignee, yesterday afternoon
with view to learning something regard
ing the total Of the liabilities and the prob
able assets. That gentleman was bus
taking an inventory, and said he woul'
not attempt to approximate either tn
debts or the assets ut that time, but though
he could give definite figures by Monday
The firm located here about three year
ago, opening their store for the sale of thei
own make of liquors, Us they operated tw
distilleries in Pennsylvania, one located a
Brownsville and the other at Bald Hill
The always did an extensive and apparent
" lucrative business, and the failure was
complete surprise to all but a limited mum
Der of bankers and business men.
LoCKE's own make Calf Shoes, all styles
$3.50