New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-07-23
TsTLuRE IN THE SHOE TRADE
r,,r ur1psoN RIVER COMPANY GOES UNDER.
49, APPARENTLY PROSPEROUS coNcERN-JUBe-

uvyrs ENTERED AGAINST BUSINESS MEN
n sheriff Yesterday took possession Of the store u
as TIudson River Boot and shoe Manufacturing Oon-
- AT No 116 Duane-st, on eight attachments az
r~S.,ius 1890 In favor Of the following creditors
vvSo,nh G; Solomon, $4,000; Bank Of America
a AL: James Mulreen, S1.77s; E. II. Ladew' s'-o
po,rhRee psie Transportation Company, 1915. Inc az
,aehments big surprise to the trade ana sone
=, them were obtained the allegation that the oo"
pauy was dsposing of its property. The business was
supposed TO be large and profitable. the house s'OOa
sb In the trade has sold freely, and payments mere
,otove had generally been anticipated The business
was large the factory being at PoughReepse the ss9
roous at No. 10 Duane-st.. and branches al Oinceo
and Philadelphia. The property at PoughReepSe
la-re and valuable one.
The business started many years ago by the i'e
Congressman j. O. WhitehOuse, and was turned ui'o
,.eck company in 1856 with a paid-in eaplta Oh
100000. The stock was nearly all owned by Eugene
n. Howell the president OF the company and son-h
law Of Mr. WhitehOuse. Leonard d. Chnsue Is ti'e
treasurer. Exaggerated reports Of the company Ia
bilities were current in the trade Ihey piaoeu u,0
amount at from 100000 to ssoo,ooo but A. H.
Gleason the company's attorney, saia YESTERDAY '"
the liabilities would not exceed Sl2oOoo' "hIe uie
assets were largely in excess Of that amount the ac
tory and machinery could not be replaced Tor sIooOVo
Mr. Gleason said the Company had been DONG an eA
tensive business but on account OF the strngehcS o
the money market and the bad effect OF the recent eo
failures it was unable to sell its paper and coecoohs
were SLOW.
The officers tried TO raise money 10 meet peSSiuS
demands and on Tuesday raised Sl1'0oo' WHICH was
maid to creditors. and negotiations are now pending
for immediate and substantial relief. Mr.. 'ieason
felt confident that the officers would be able to e&1oate
the company some of the attachments were granted
ON the ground that the principal place OF business was
not in New-York City. but in Pouehkeepsie' An at
tacbment for $1,000 has been issued against the prop
erty in Philadelphia.
Two judgments aggregating s19,7o7 were yester-
Cav entered against Michael Benson and Homer J.
geaudet builders, in favor Of D. Marx.
A. E. Burkhardt & Co.. wholesale dealers in hats
furs and furnishing goods at Cincinnati against whom
an attachment was issued in this city few days ago
are said TO be perfectly solvent BIumenStel q
H;rsch are their attorneys Emanuel Blumenstle said
YESTERDAY that the firm is undoubtedly solvent that
IL has good assets. amounting to 100000, while the
liabilities are only S215.O0O The firm was recently
burned out and the insurance money and accounts
amount 70 $500 600. and Mr.. Burkhardt owns real
Two judgments aggregating S16,400 we're yesterday
entered against Michael Lawess produce commits sion
merchant of 90 Pine-st in favor Of Robert V Law
les on prpmissory notes. Michael Lawess has been
In the potato trade for the last twenty-five years. and
n tie senior partner in the firm of Michael Lawless
Sons Robert V. Lawless is also partner