New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-18
Jyp0P TIERS MIKE An ASSIGNMENT
THE FIRM or NICoL, COwLIsIiAW CO. CARMEL
nnMN ny TILE DEATH OF A PAEINtK.

-,r rry,, ov >,coi cowIIsHAw 4 co. CARRIED
DOWN by THE DEATH OF PARTNER.
Nicol. Cowlshaw & Co.. importers OF upholstery
goods al Broadway and Eghteenth's'' anu al bonuo"
and Manchester England have faiieu Nharies y"
smith samuel " Cocks Alexander Milne, George W.
Covl,sbaw and Herbert ". Cowlishaw, who compose
,he firm, made nm assignment yesterday to Bryan
Hooker smith giving preferences for So34oo as fol-
lows: William b. smith. $4,000; Fourth Nationai
panl $500; J. & W. Sekgman d Co., Sl2,4oO.
The failure was great surprise In trade circles on
.ccon, of the high standing OF the firm and the long
ost.h,ished business which was started many years
600 hr lanes Wordsworth & Co. Bradstrcct's reports
-, ,ha, this firm was succeeded by the original firm
,4 v,col Cowlshaw & Co. in 1868, who continued to-
ro,hor for ten years In 1878 Robert Nicol retired
ona the firm was reorganized the partners being
Char,c. +. smith Samuel W. Cocks. William d. Smith,
Alexander Milne and James Scho1e!d In July 1884
they dissolved partnership and a corporation was
formed under the style of Cowlishaw, Nicol & Co.,
Limited with an authorized capital Of $3.50 600 which
was affcrward reduced to 100000. William D.
Eyde OF Manchester was chairman Charles f. Smith,
OF Manchester vicc-chaman and II. Fiddcs, secretary
She Other directors were James Schofcld, George W.
Cowlishaw, Samuel W. Cocks Frank Spcakc and Will
fam Il. Smith. The factory was at Ashenhurst Works.
glaklcy, England.
The limited company. 1t said, did not do largo
. volume Of business formerly and in September
;ast It was publicly announced that the company had
been dissolved and had been succeeded by the present
Arm az Nlcol Cowlshaw & Co., which had Dccn formed
On May l, 1887. They purchased the entire property
and assets of Cowlishaw. NicOl & Co., Limited, as
sumcd all liabilities ana continued under the old style
" Cowlishaw, Nicol & Co. In England, and Nicoi'
towlishaw & Co. in the United states. Mr. Ryde,
the senior partner IN the original firm OF Nicol,
Cowlishaw d Co., and subsequently chairman OF the
Emitted company, Withdrew entirely from the concern
Su left his capital I'm the business The firm claimed
thSa an actua, investment of 600 In yet assets.
The stock was insured for $3.50, 600, including
signed goods in the Oriental department. Charles f.
Smith stated to Bradsrect's April g. 1883: The bust
ness is running along smoothly and while perhaps
not advancing as rapidly we could WISH not
going behind. We have wiped out all the liabilities
of Cowlshaw. Nicol & Co.. Limited, both foreign and
dome site We have an actual Investment Of 10000
sterling In of Liabilities, which generally average
between $1,000 and $50 600 monthly
Assignee smith said yesterday that complications
had arisen in settling mp the estate Of partner in tho
firm, who had died leaving capital in the business
aad that this made assignment necessary. The
assets, he said far in Of the liabilities
Schedules in the assignment OF Henry and George
". Hodges, Rufus Fay, Frederick Fay and Carlos L.
Peck TO William f. Sitting were fled yesterday, show
Ing liabilities. Sl31 4c5 81 contingent liabilities S52
$50 O6 nominal assets & 05,3t3 IS and actual assets
In straw goods al No. ol0 Broadway, and IN MOnSon,