Evening journal., 1893-06-08
BELLAH & co. FAILURE.
The Place Now in the Hands
of Sheriff Gould.
WARNER THE HEAVIEST CREDITOR.

His Judgment is for Se5, ,OOO-Two other
Claims Aggregating S4,OOO-sev
Creditors Not Yet Heard From-Levy
Made Yesterday Afternoon.
Bellah & Co, wholesale dealers in iron
and steel, have failed Sheriff Gould
made levy on the property and closed
up the store house at Third and French
streets at 30 o'clock yesterday after
noon. The facts of the failure and levy
were known to comparatively few persons
until this morning when customers and
creditors found the place in the hands of
the appraisers appointed by the sheriff
The levy was made on judgment of
A. d. Warner, vice. president and
treasurer of the Charles Warner Com
pany, Mrs. E. ]. Poole and Mrs Mary c.
Warner.
Sheriff Gould had the writ in his hands
for several days before he served it.
While he did not deny that there was
another big failure in prospect he re-
fused to divulge the name of the firm
involved.
Immediately after he seized the place
he appointed +. g. Kettlewood and w.
H. Gibbons appraisers. They are familiar
with the stock, being clerks in the house.
They were only given one day to do the
work, and had a busy time to day
Thomas S. Bellah is the only member
OF the firm He is also president of the
Guarantee Storage and Warehouse Com.
pany, the warehouse being in the rear of
the four story place of business at Third
aud French streets. Both places are in
the sheriff's hands.
Bellah CIoseted with Warner.
When an EVENING JOURNAL reporter
called at the place of business this
morning he was informed that Mr. Bellah
was closeted with A. d. Warner at Mr.
Warmers Office, and that they were
figuring on the accounts to see whether
there could be a resumption of business.
1t is estimated that the two large
buildings are worth from $2j, coo to
$2S, 900 and the stock on hand about
$17. .0OO
Alfred d. Warmers Judgment is a
personal one and amounts to $25, 000
Mrs. Mary c. Walner's claim is about
50 600, including interest. Mrs E. j.
Poole lives in Pittsburg, Pa, and brings
proceedings to recover $1,000 The
entire amount is money loaned to tide
Mr. Bellah over his financial troubles.
but the depression in trade prevented
accomplishment OF the object
The rumor that they were snap
judgments to prevent other creditors
from recovering is suthoritatively
denied. 1t is stated that the Oldest
judgment has been on the docket fol
about three years and the latest one was
entered nearly year ago
There are other creditors for small
amounts, but they had not secured
Judgment at the time of issuance of the
execution writ and levy.
Mr.. Bellah may resume business, but
he will be sold out first by his judgment
creditors. Any effort which may have
been made to continue under the present
condition has fallen through.
The total liabilities of the firm cannot
be ascertsined 1t is understood, how
ever, that they are far in excess of the
assets. An effort was made by an EVENING
JOURNAL reporter to see Mr.. Bellah this
afternoon. He was informed that h,
hld gone out of town. Work on the book
began day.
Very Old Firm.
The firm is an old one. In 1862 il
traded under the name of Bye. Nc
Dowell & Co. in 1868, Mcdowell & Co
the place of business then be
ing at Third and King streets. wher,
the marYet-house stands; in 1871 th
firm name was changed to Bellah & Co
in 1878, as Bellah & Elliott in 1879 Bel
lah. Quigley & Co. in 1884, Bellal
& Co Charles 7. Dure being associated
with Mr.. Bellah Mr.. Dure died and Mr.
Bellab never took another mariner