The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1886-07-12
A BIG ASSIGNMENT.
souru BROS, IIQUoR pEA1tRs,
Convey their Property to a P%ittSburghOr Tor
the Benefit of their crOdItOFs-A List of
the Preferred cIalms-ThO Assets
aud liabilities Unknown.

South Brothers, the wholesale liquor
dealers on Main street, made an assign-
ment on Saturday for the benefit Of their
creditors, to Henry Sloss, Of Pittsburgh,
The assets and liabilities could not be
learned, The house has carried a pretty
heavy load for months, and those in a pc,
sIlion to know the condition Of It's affairs
were not greatly surprised. The general
public, however, considered the house as
arm as a rock, and was much astonished
by the announcement Of lis failure.
The deed Of assignment, which bears
date OF July 10, conveys to the assignee
all the stock Of liquors, case goods, min
erai waters, tobacco, cigars and Other
merchandise in the place OF business oc'
Cupied by the firm, together with all book
accounts, notes, Judgments, claims, and
other evidences OF indebtedness belonging
or due TO the said firm OF South Bros, to-
gether with any other assets belonging to
the firm, with the usual authority to col
lsct and sell the same; said assets In
Guiding the leaf tobacco belonging to said
firm, but procured in order to be manu-
featured by them under q license issued
in the name Of Frederick Roller, but said
transfer is not to include three barrels o.
whisky, the property OF l., l., GRrRrd.
stored with said firm at their place o.
business.
The assignee ia first to pay H. NJ. Rus
sell f25 for professional services and the
expense Of recording the deed OF assign
ment,
seCondly-He is to pay the expenses O
executing the trust, including the usuaI
commissions,
Third-He Is to pay to Annie L Cald'
well rent due on the premises occupied,
Fourth-He is to pay to the employers
Of the firm such accounts as are now due
theIn.
Ffh-He shall pay to the Grmo Adler,
Roedelheim 4 Co., Of Pittsburgh, the sun
Of $500 80, with interest on the several
parcels thereof, IA follows; A note due
June "a, 1886, for 500 50; q check due July
s, 1886, for 500; a check due July Is, 1855,
for $l02 40, the sun OF 1880 o., balance due
on a note due December 20, 1885 the sum
Of S753 AZ; on a note due January 20,
1886; the sur Of 1888 Al, on o note due
March !, 1887 the sumoi$452 80, on mote
made by Bridget Noon and endorsed by
South Bros. the sum Of $l2l So, on a note
made by w. Handlan and endorsed by
South Bros, and the sum of$542 %, on an
open account due June /, 1886. The
assignee Is also to pay TO the said Adler,
Roedelheim & Co, such amounts as they
shall pay as endorsers On three notes
made to their order by said South Bros,
and by them endorsed and discounted,
%aRgregating the sum Of Sl,0ll Is, INT Of
which Is for S3lS 80, due August 4, 1886;
another OF VIII i Is for S34B Al, due July
90, 1885, and tho third Of which Is for
$346 ~, due August %, 1886.
S:xth-Aiter making the payments
heretofore mentioned, the assignee Is, out
OF any residue then remaining, to pay NJ.
g. Coney, Of Brownsville, Pa the sum
OF $Ol2, due him on q note made by the
Gaid South Bros, dated July !, 1880, and
payable n day after date.
Seventh-The assignee Is then TO pay to
Samuel Thompson, Of Brownsville, Pa,
the sum OF 81, l57 50, with interest from
the maturity Of the notes until paid, due
him on three notes, n OF which 10 for
$SS5 "a, due July 20, 1886, another for
SSS5 81, due August 20, 1885, and the other
for 1856 Oh, due September %, 1885.
Eighth-After making all the payments
already mentioned, the assignee is to pay
to W. A. Garter suCh amount, not exceed.
ing, however, the sum Of $3.50, as he shall
be required to pay on o note for 1000,
made by the said Carter, and on which
Firman South Is also a party, which note
was used to borrow a sum OF money, OF
which $3.50 was used by said South Bros,
He Is also to pay said Garter such amount
as Carter shall DO required to pay as ac-
Commodation endorser on a note made by
said South Bros. for $500, and now held
by the Commercial Bank, due July s,
1885. This note has been reduced by a
credit OF $10S.
Ninth-Pay to William Britton, Of
Brownsville, Pa, the sum Of $3.50, due
him on an open account.
Tenth-Pay ratably all other indebted.
ness Of the firm out Of any residue which
may remain after the preferences are pro-
yidel for,