The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1891-12-22
BUSINESS TROUBLES.
Resumption OF White & Go. Virginia
Banks Shut-:.usk & ca. Attached.

Banks Shut -:,usk < ca. Attached.
NEW YoEk. Bee 2i-A report has heeu cur
rent today that 5. Y. mites affairs taking
sucn shape that hls SPEEDY resumption IS prob
able. While the showing OF 81 sets in the
assignee statement mt as good gener-
ally expected, tue impression the street
today was that the ijt}h VIII quickly resume
business. considerable number OF creditors
have sent rccgS2 N IA. to enable Mr. White
70 resum- business soan as possible. lie do
clared today that Notwithstanding the release
he won't. consider nil the obligations debts of
honor
sr,UNToN, Va. bee 2i-Friyate banks at
Nayuesboro, Nassuuioa and Newmarket all
suspended today. shirley q Roseuberger were
the OWNERS of the Waynes boro ami Newmarket
banks, and were sociated with G. F. Meyers
at Gordousvilie and sIiliau at WarTenton. Ii ls
believed the depositors viii be paid In full.
SAN FRANCISCO, Dec. 2l--The firm OF A.. Lusk
& Co, dealers in canned aud dried fruits, were
attached this morning hy the Bank oi Califor-
mia for $780, G0J, FOR moneys advanced Three at
tachments for amounts aggfegatlug $4,000 were
placed by other creditors against J..
Strauss, wholesale dealer in glass
and crockery, who had indorsed
Lusks paper To the amount Of $f5000. The
creditors of strauss. repre- enting claims az
gregating S6G,0oO, met on Saturday aud decided
to take this course to protect themselves
Among strauss creditors il the London Il
Paris bank. Ii is stated that Lusk owes mum
Der of firms in addition To the Bank of Calitor-
MIA, but no statement Of the hrrn s
liabilities have yet been made public. The
Sather bank has levied an attachment for s2000
on the California Automatic Can Company, Il
branch of the Lusk Company. lsldore Jacobs,
president of the canning FaLy, which Is al
incorporated concern, asser.s that his com
panys financial troubles nre due 10 outside in
vestments, such as the establishment of lac
tory Tor making cans and also cx-
tensiyc orchard planting at MaTys-
vile, Cal. The failure OF strauss, in whose
business Jacobs said be was indirectly inter
ested, also fastened the foreclosure. Three
hundred employees Will he throHu out of work
by the closing Of this canning factory. Jacobs
stated that the CON pany would endtavor 10 re-
sumo operations shortly lie believed the as
sets would be sufficient 10 cover the liabilities
though he had no statement oI the resources
ready.
| HAERIssrRG, Pa, Dec. 2l.-iudgo simonton
today made a. decree dissoivilg tie Farmers
| and Mechanics Fire Insurance Company, oi
Hlllerspurg: tho Mcr bauts, OF Altoona, Had
the Dauphiu Fire Insurance Company. oi
| DauphIn, Aud appointed receivers. The comla-
MES sre mutual IRE insurance conpGuies @ad
! are lasoiyent.
OMAHA, Dee. 2l.-T8o suits aggreeating {ll0,
| 600 were instituted to-day ia the district eunrt
| against the American Water Works Company
| and the attachments whieh issued tus
| sheriff took possession OF the entire local plant
this morning. The plaintiffs ~ both suii
! are the Shickie, Harrison < Howard Iron Com
| rauy, Of Missouri. TIE Denver plant has aaC
been attached
| ALTOONA, Pa, bee 2i-Tyron'a bank,
private institution, iGi.si to open It, doors toll
/ morJiae. The,bauk has Elwcys tcca regarded
/ as sound, snd tie isilufe Is q surprise. The as
| sets and liabilities are npt kn0wu.