The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-02-04
ASSIGNMENT OF EWALD OVER.
A Result of the Ritzinger Failure-0ther
Receivership Matters.

The assignment deed of Ewald Over was left
for record yesterday, naming of Frank NJ Dell
trustee of the property. Mr.. Over has been in
of q century. To a considerable extent, he
manufactured and dealt in agricultural special
ties, and his trade was largely in the South.
Southwest and West. The Ritzinger failure in.
creased his embarrassments, and the assignment
has been looked for with great deal of certain
ty. Mr. Over estimates his liabilities at
not more than $4,000, and to the
Ritzingers $4,000 Of this is DUE
The rest are amounts owing Eastern
creditors. The inventory Of assets is quite
lengthy, and includes about 500 900 in accounts
and notes due from customers in Georgia, Ala
bama. Louisiana Kansas, Missouri and other
States. These accounts and notes express a
face value of from Is cents to $500.
The ass:gnor's real estate is enumerated as the
foundry property on South Pennsylvania street,
and two three small pieces, aggregating at
the utmost $4,000. Mortgages to the amount of
$l0 600 rest upon this property. In the inventory
of stock and unfinished machinery on hand
several reservations are made, such as hand
drills and binder trucks set aside on sale to
Graft, Bennett & Co., of Pittsburg, Brian Hill
Iron and Coal Company, Youngstown. O..
receiver of the Champion Scraper Company,
Y. L
is also secured property in Mr.. Overs possession
on consignment from the American Steel Scraper
Company Of Sydney, o. But to the trust go
all the other stock and supplies in the foundry
on South Pennsylvania street, in the store on
Georgia and Chesapeake streets, at No. 81 Madi-
son avenue, unfinished machinery in the shop of
John A. N. Cox. and also property assigned to
j. II. Calhoun, st. Louis, Mo-, and the Western
Transfer Company. Kansas City. Mr..
Overs exhibits at the New Orleans exposition
ar al incl Nod 30 cto tad @t,oI ~
Ritzingers hold bill of sale on the assignors op-
Grating machinery for Sc. 600 and also note for
Sc. 600, given without consideration or value.
This bill bears date of April "a, 1885. Mr. Over
Gays his assets represent $40, 600.
Judge Taylor yesterday appointed John E..
Cleland receiver of A. l.. Wright &, Co., WIN
at once entered into the required bond Of $2o 000
with William Coughl1n as surety The receiver
was instructed to make an inventory of all
assets. and to keep the accounts and notes pre-
viously assigned to William Wallace for the ben
eft of W. q j. Sloane. of New York, separate
and distinct. Mr.. Wallace stated to the court
that before the proceedings for receivership he
had paid over to the Sloanes 81, 700, and has in
on these notes and accounts. He was
ordered to inform the receiver of the
precise amounts of the last named items, who
was instructed to pay the Sloanes out of collec
tions on them sum sufficient to make the total
payment S., 900. This sum is to stand charged
against their distribution shares of the A. l..
Wright & Co. g assets in the event the assign
ment of said notes and accounts shall. on final
hearing. be held invalid. Receiver Cleland was
ordered to receive bids for the company's per-
sonal property and leasehold up to Feb 49, and
also to receive separate bids for the stock of car
pets and wall paper, Shades draperies or the
leasehol6.
Receiver Fish, of the Minute Publishing Com
pany, reported to Judge Walker yesterday, that
the appraised value of material and furniture
pertaining to his trust is $28980, and book &C.
counts and judgments at 1870. o. total, ST. I59 49,
He was ordered to sell to the highest bidder, for
cash. on the 18th of February, the material and
furniture