Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-09-24
WILSON & KINNEY'S CREDITORS.
THEY FAIL TO AGREE ON A BASIS OF
SETTLEMENT,
But the Majority Will Push Insolvency
Proceedings-Kinney Reported
to be at Reno, New.

Matters concerning the State House
difficulty are assuming new shapes
almost every hour. On yesterday
Christensen, Dierssen & Co.. the Buffalo
Brewing Company, c. NJ. Campbell, H.
Weinrich & Co., and Dierssen & Co..
creditors of the firm of Wilson & Kinney,
jointly petitioned the Superior Court
to have the latter declared insolvent and
for the appointment of receiver. The
first-named firm has claim against them
of $3.50 40 for groeerie-; the next of Sill
for beer and ice; the next of $50 for furni-
ture; the next of $S4 IS for liquors, and
the last-named of S163 SO for groceries.
Johnson, johnson g. Johnson are their at
torneys.
Nearly all of the creditors of Wilson &
Kinney met last evening at the office of
Messrs Bruner & Bruner, the firms attor-
neys. for the purpose of considering the
situation and, if possible, arriving al some
mutual understanding regarding settle
ment of their claims.
w. A Gett, attorney for Herzog & Odell,
conference, with the exception of the lat
ter agreed to go ahead with their petition
to the Court to declare Wilson Il Kinney
insolvent. They all said they were willing
to have an assignee appointed, have the
affairs of the firm Strengthened out and
take their pro rata of whatever the property
might bring when sold.
Mr.. Gett declined to join with them. He
said his clients were satisfied that there
was property and money enough to satisfy
their attachment, and proposed 10 find it,
if possible. They had bill for S251 43,
and would not take cent less than the
face of it.
The other creditors then decided to pur-
sue the course they had mapped out and
ask the Court to declare Wilson & Kinney
insolvent.
During the consultation the fact was de-
veloped-as admitted by Mr.. Wilson, who
was present-that the hotel safe contained
various sums of money, ranging from
$50 to $50, deposited by guests of the
hotel Mr.. Wilson said be could not tell
exactly what the respective sums were, nor
the names of the depositors, but each de-
post was in an envelope, with the owners
name written thereon.
Wilson, it appears, changed the combina-
ton of the safe, and has possession of the
keys 1t is limited that some of the parties
who deposited money in the safe will take
immediate action to recover the same.
Another fact developed at the meeting is
that Kinney, who was said to have started
for the East, is at Reno. One report says
he is running game of some kind there.
Wilson states that Kinney was on his way
East, but stopped at Reno in compliance
with a telegraphic request from him, and
that he can De on hand at any time, if his
presence becomes necessary to a settlement
of their affairs.
Mr.. Matthews, San Francisco attorney.
who has also been retained by Wilson &
Kinney, stated that the latter, by the terms
of their contract with G. a. Jenkins, have
the right to the use of the furniture in the
hotel, valued at $4,000, for four years yet;
and that if Mr.. Jenkins or anyone else,
wants to use it, the rental thereof will in
very short time pay every dollar they owe.
If, therefore, the creditors would unite in
having an assignee appointed and transfer
all their claims 10 him, they would all get
their money in due time.
In the meantime, S c. Pelton has secured
a judgment for $l25 and costs against
Wilson Il Kinney, for money deposited
with their clerk and writ of execution
will probably be issued this morning.
1t has been agreed between counsel for
Herzog & Odell and Kinney & Wilson's
counsel TO have the suit commenced by the
former heard in the Justices Court to-mor-
row at 10 O'Clock.
As the novelists say, 1.-The plot thickens,"
and the situation is becoming more and
more complicated land therefore interest
ing) every day.