New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-07-25
TROUBLES OF BUSINESS MEN.
ASSIGNMENT OF THE DON" CLOTHING STORE
IN BROADWAY.

sThc Dom clothing store, at Broadway and Grand
g. has failed. 1t carried by Stadler d Coz
ompoScd OF Emanuel Stadler and Albert Davis, and
tbcy made general assignment yesterday without
n,oference 10 Isidor ROScnhcim, Of the London ana
liverpool Clothing Company. The Liabilities are about
100000 and nominal assets 100000. Henry NJ
s,ader who was formerly partner In the hrm' maze
an individual assignment to Mr. Rosenheim
Dradstrects reports say the business was established
ny Max Stader in 1857 at No. 1si Church-st, under
she yle of Stadler Co., the firm being composed OF
MAY stadler. Max Marx, f. Naumberg William krause
and f. Lauer. That firm dissolved In January, 1915
I'D a new firm was formed, composed Of Max Stadler,
I.dcr Rosenhelm and Henry NJ. stadler, under the
.vLc of Max Stadler & Co. They made an assignment
An August 1876 and Compromised at IS cents on the
Aouar They dissolved in April, 1850, Mr.. Rosenheim
retiring new firm, under the same style was
,orned. composed Of Max stadler. Henry VI. Stadler
aud Emanuel stadlcr at No. 567 Broadway. They
established branches at No. 6lo Eighthave. and at
Jersey CITY, the latter sold out in March.
les5 Max Stadler the senior partner and father OF
The other two partners. retired as general partner
Nav 9 ls-7, becoming special partner for 31oOOO
Az three wears The firm claimed capital Of
100000. but have had rating at Bradsteets for
tle last four years
Tho special partnership OF Max stader & Co. ex-
pired May last. and on June new firm was
formed composed of Emanuel Stsdler aud Albert
Davis under the STYLE Of Stsdier Co They advertised
extensively under the style Of The Dom but bu'i
ncss was dull Blumenthsl q Hrsch, their attorney
say the nabiliue, are about 100000, ana IL j. cH
pectcd the normal assets viii amount 10 s"O'OOO'
mostly In stock The causes Of their trouble were
excessive competition and the unreasonable weather oil
the last winter and spring when they sold alpaca
busters In Jasuary. There preferences OF any
Kind. either In the assignment or by confession OF
Judgment transfer of property before the failure 1t
being the firms expressed intention 10 devote tho
assets TO the payment of their debts. including their
confidential debts.
The assignment Of Henry VI. stadler wac made to
cover his liability IL the firm, from which he retired
June :. although the new firm assumed the obligations
of the old one judgment for S5G3 was entered
YESTERDAY against Henry and Emanuel stadler In favor
q. stern. Rosenberg q Co. After the assignment Of
ssdlcr Il CO. filed judgment was entered against
them In favor of NJ Stadler for $4,000.
william G. Kay, doing business as William G. Kay
Co.. refncrs of cottOn-seed OIL at No. "a Washington
st. IS reported 10 have collapsed. James Moore, his
former partner has taken possession Of the effects, Mr.
Kay having given him two ChSitcl mortgages Tor
$4,000 on the machinery and bill Of sale for SlOO
on cotton seed oil His merchandise liabilities are
said 10 b. over $4,000. Mr. Kay was formerly with
nc American Cotton oil Trust, and IN 1855 formed
The firm Of William g. Kay a Co., the Co being
James Moore. They dissolved partnership November
Ia 1882 and Mr.. nay continued under the old style