St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1889-09-12
L LYNDONVILLE.
Ira w. Cunnineham's Schedule

| A meeting of the Canadian credi-
tors of L. A. Stearns & Co. was held
| in Sherbrooke last week and J. ].
Griffith of Sherbrooke appointed Gu
rator on their affairs. This office
corresponds to that of assignee in
this state A schedule of Mr. Cum
ningham's indebtedness was filed at
| the court of insolvency in St. Johns
bury Monday, and the first meeting
| of the creditors will be held on Sept
| 20.
The indebtedness of Ira w. Gun
ringham according to the schedule is
| $50, 500, with unestimated accounts
against these Lyndonville parties:
| c. S. LeBourveau, H. l.. Parker, ].
c. Eaton & Co., Salmon Stern, Aar
on Twombly, Eastman & Co., ]. L.
Watchie, A P. Sleeper, John Cum
ningham, D. M. Silsby and others.
These are the principal notes and ac-
counts: National Bank of Lyndon,
$500; Salmon Stern, Lyndonville,
$500; Lyndonville savings bank, 3
notes, $21OO; same, Pettigrew farm
mortgage, $500; H. NJ. Gray's est,
Sheffield, 2 notes, $1,000; R. l. Leach,
Lyndonville, $500; c. D. Bigelow,
Lyndon Centre, 5000; F M. Sher-
man, Newport, $500; Geo. P. Ide &
Co., Lyndon, account, 500; B. M.
R. Nelson, Barton, $3.50; David
Trull, St. Johnsbury, $500; A. H.
Mcleod, St. Johnsbury, $500; Pas
sumpsic Savings bank, st. j., $500;
Citizens bank, st. J., 8 notes, $14OO;
Griswold & Pearl, ST. J., notes, ATT,
account, 74O; Merchants bank, ST.
J., note, $4,000, notes $4,000; Lyn-
655; John T. Cunningham, Lyndon,
$4,000; Shurtleff est, Ayers Flat,
$500; Russell Paper Co., Boston, ac-
count, $1,000; George Sennoth, Lyn-
don, $50; B. F. Rollins. st. j., 500;
E. & T. Fairbanks & Co., St. J., ac-
count, $333. 90; P. B. Graves, Lyn-
don, $165; Mrs. Bella Houghton,
Lyndon, $1,000; Charles Severance,
Lyndonville, account, $6O1.
L. A. Stearns &. CO., Gra w. Gun
ningham the Coz, did business in
SherbrOoke, and their statement fig
ureS their indebtedness at $29, ,406,
which is mostly unsettled accounts
in Canada, scattered among 80 or
more individuals and firms, with
only few debts of over 500 in each
case. These are the largest accounts:
J. H. Gendson, Sherbrooke, $500;
c. c. Smith & Co., Newport, $3.50;
Luke & Mitchell, Sherbrooke, $4OO;
Joseph l.. Terrell, Sherbrooke, $4OO;
Hudson river water power company,
Hartford, Conn, $12S3. These are
the Oniv notes: Eastern township
oil oSHnn. 1a,-
chants bank, Sherbrooke, $4,000;
William White, Sherbrooke, $4,000;
William Farwell, Sherbrooke, $4,000.
The debts of Ira w. Cunningham
and c. P. Chase, under the name
of the Caledonia Box company,
amout to $9234. There are num-
Der of small accounts in this schedule
including the wages of the help for
the month of July and part of Au-
gust. In the schedule are these notes:
]. c. Eaton & Co., Lyndonville,
$267; Tower Brothers, Hudson,
Mass, $1535; o. V. Hooker & Son,
st. Johnsbury, $500; National bank
of Lyndon, notes, $4,000; S. c. For
saith & Co., Manchester, 5000; c.
w. Foster, East Burke, $1,000. These
are the creditors whose accounts ex-
ceed $50: Boston & Maine railroad,
$19S; Webster King glue CO., $177;
Hall & Chase, Lyndonville, $1O91
George E. Parmenter, Lyndonville,
$143; ]. G. Hadley, Lyndonville,
$3O5
According to the schedule the total
liabilities as given in the three sched-
ules are $69,14 What the assets
are, or will be, cannot easily be told
from the schedule of property filed
The inventory of the Caledonia Box
company is placed at $9212. SO with
the value of the building at $19S6,
the machinery $5S13, and bills re-
ceivable $775. The property of L. A.
Stearns & Co., is valued at S35, 900,
with mortgages on the real estate
amounting to $4,000 The farm at
Ayers Flat is valued at $4,000 and
mortgaged for $4,000. The prop
erty at Suffield, P. @, is valued at
$4,000 and mortgaged for $4,000.
Mr. Cunningham private schedule
includes all his real estate in this
town, which is heavily mortgaged,
and one-half interest in his fathers
estate. The latter amounts to $12,-
500 of which $1,000 is collateral to
Ira Cunningham Indebtedness.
From a study of the above schedule
it does not look very favorable to
large dividend to the creditors.