New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-03-08

LEOPOLD WERT1EIMER ASSUME
HIS TOBACCO BUSINESS GOES WITH THE BEER

DEBTS OF s650,ooo
Monroe Eclsten and Leopold Wcrthclmcr' "o'"s
business as Monroe Eckstcin. brewer at fo"r 'or
ncrs, :. l., made an assignment yc-terday 10 'o"
Adler a lawyer Of 40. 12O broadway, ana hc"!''ni'
/. werthemcr Of No. 13l Watcrst. Leopold vert
bcimer also assigns his individual right title and IN
tercst in the assets Of the firm of L. f. Ncrihcmcr'
wholesale tobacco dealers at Nos. 800 10 800 'front.'
st. san Francisco, with Office in New "rh a' 40
l3l Watcr-s. Leopold Werthcimer was the o'p'H'
1T Of both the brewery and the tobacco concerns Inc
assignment spulatcs that ont of the proceeds OF inc
individual property Of Mr.. Werhcimcr all his mul-
vdual debts are be paid first, and the surplus il
auy is then to 20 to the creditors of the hrIn or
Monroe Eckstcln. Mr. Wcrthcimer makes ndiVid"ai
preferences aggrcgatng S72343. a. follows; Ma'has
Rosenshnc So, 1876. OF which $4,000 /, accommoui-
ton notes Of L. d f. Wcrthclmcr for Leopold vert
heimcr, individual use. and Si,l36 an accommodation
note of Monroe Ecksteln: Paul Gumbncr Company,
$4,000: Rcbccca Nettcr. $3.50, benjamin l.. Vert
heimcr 81 CSC; Mrs Henrietta Wcrthcmcr. s7,so3.
The preferences Of the firm Of Monroe Eck-ten are
Mrs Emily Eclstcn, mother OF the as-isnor $4,000
Mrs. selma Eckstcin. wife. 5000. kaufman, "Acs ~
Co. $1,000: Henry Wckcrt, 10000, James Mac
Nidcr. al 800. Ernest Dreher. $1,000, August
SchafcI, 1000: Eppineer a Russell. S',loo total
sol 900. The total preferences, both firm aHd IN
divdua are Sl2i,OOo. all Tor borrowed money ="
security for notes
Eradstrcct's reports say that Monroe Ech-icin
started the brewery at -Four Corners In l-''' sue
cccding j. seitz Mr. Eckstcin had been brought up
in the Office Of L. q +. Wcrthciiner and Leopold
Wcrthcimcr became his partner. putting IN al hi'i
s-7 OOO which has since been increased from time L"
time until il was believed to be three or four time, the
ORIGINAL figure In IL they made impro' cm'nt, 10
the brewery putting up "a new brewery with new
machinery ice machines, etc. repre- cniin- an on'iF
Of Sl3OOOO \ mortgage Of $4,000 Wis put on the
property. d>placns Of 100000 which lad pro
viously existed. The output of the brewery Wa
largely increased and Mr.. Wcrihcmcr declared that
the bu. lnc,s represented capital Of 100000 PAID ln.
The firm Of J.. u r. Wcrthcincr va, c-tahi- 'd in
san Francisco in l-5O, and was one Of tho lcidins
houses in the tobacco hu,ne-, on the Pacific Coast
II was at first composed Of Leopold and Emanuel
Wcrthcimcr. Joseph /. Hc-- became a partner ln
August. 1--3. Leopold Wcrthcimcr lived IN Nc" York,
and the firm kept purcAa-inS agent ia This CITY,
Emanuel Wcrthcimcr died IN june l-,N. and Julu,
CERT was appointed receiver Of the firm Of l.. J..
werthcmcr in san Francisco Monday lat. and this
action caused the .-i-nmcnt OF Monroe EoA-tn and
Leopold wcrthclmcr Yesterday
Louis Adler the assignee, issucd statement yes
terday IN which De- aid tAa, Leopold NctAeim,r Aad
been f,l more tlu twenty f'r Aef, thc h.id oi ih'
at ~al IEiuci-cp. lls Was the oman .t ufn ir ih"
lr At.y Of Monroe Ech-i 10 and supplied iar money
lc.mcr. of h. a. r.. Wcrihcimcr. did. ba. H. iu..
nos Ma. cuurnu.d without change. on Monday
la.t. on rc application If tho widow "f j. Mri
hciiuor. % recover oi thc property 81 l.. a. D. Vert
hclmcr was appointed fDr Oh" puipn-n ~ lNrH i-
it, affair. H. 90 uud that the continuation nf tt"
ha-nc., after the death oi her husband wa. uniu.
tor.l'd. This r.cN -aip TH- 1898 Nl' Al' - hI'N
10 Leopold N.rtt.in'r. aHl cH. D. 't 'f D.
credit .nI tItf uf fur hr very ln 0tH ..UrItr of
tins tic i--i-uulrut- were ui.t" i. .Il.n- tl' 900
partnership property ID, well a- Tie iltlt dua Ir.'r
ct Of l. WcitAc.mcr in the -a' France 'co conc. .,
II !, difficult determine the value - Oh" individual
assets II l.. Wcrth"lmrr until further advice, from
Sln Francisco. TIL" Indebtedness. OF far brewery b.
about 100000. that of l'p.h N'rfheimr. ldi
Vidualy. s-5o.oOO. Mr. Adler closes l.. 20 f'nrNt
hy saying that II satisfactory arrangements could 'r
effected with the creditor. fIuf iN' f-r of t'
brewery -hould not l~ injured. t.r rf.Hif 90 iir
creditor, would probably not lc un 100 factory.