St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-03-17
A FINANCIAL WRECK.
Beaupre Mercantile Company
Failure a Wholesale
Affair.
Assets Less Than 100000 and
Liabilities Over $780,
600.

AS Intlmated in the GLOBE at the
time of the assignment OF the Beaupre
Mercantile company, the failure is a
disastrous one, and the liabilities, as
shown by the schedules filed yesterday,
are far in excess of the assets. The i'll
ventory is very voluminous document,
showing the liabilities to be S5l7, 2S6.43,
while the assets are figured at the much
smaller sum of $l6S,65S.30. The fol-
lowing figures were CLEANED from the
schedules. OF the assets the following
statement is made:
Merchandise on hand, $50, 657.75, cash
value $500 showcases and counters,
SS,915.7S, cash value $1,000; amount due
for merchandise sold, sos, 1886, cash
value, 500, 379.S6; cash on hand, $475. Is;
sundry trustee accounts OF f. Keogh,
81, 906.53, cash value $500; due by menu
berS of the firm, 81, 245.73, cash value
nominal; due for protested checks,
S459.S4, cash value 5000: due for cash
with banks. 1924: due TO be paid in
drayage, S744.40, cash value $633.30; Dur
ham Tobacco Company certificate, 1926
list of customers notes on hand, 81, 67S.25,
cash value, S2,400; Dotes secured by
mortgage, S3,702.77, real estate S10.465.
mortgages, S943.26, cash value nominal 4;
judgments, S225; total ledger values,
1888, 514.24; total cash values, Sl6S. 65S. 80.
Actual abilities-AmOunt due for
merchandise, S42.S61.1S; amount due
for cash received. S466.4S; wages due
employees, 81 ,291.01; cash received from
trust accounts, $3.381.15; error in re-
newal of note, $40; deposit accounts OF
sundry persons, il9. 361.08; accommOda-
ton paper, S12, $500; Beaupre Mercantile
company paper Endorsed by Bruno
Beaupre, j. NJ. Davis, T. B. Arnold and
Frank Keogh, sl27, 500; list of notes
signed by Beaupre Mercantile company
and bond given by b. Beaupre, +. Ke
OCH, j. M. Davis and L. B. Arnold to
secure payment, S209, $500; notes
signed by Beaupre Mercantile company,
So, 050.26, notes given by Beaupre Mer-
camille company for merchandise, $10,-
1881; total, s439, 470.0S.
Contingent Liabilities - Customers
notes Endorsed by Beaupre Mercantile
company, S2,SO6.22; customers notes
Endorsed by Beaupre Mercantile, com
pany, and also bond signed by b.
Beaupre, F. Keogh, J. NJ. Davis and T.
B. Arnold to secure payment, and dis
counted, 45,0l0.13; total, $77,S16.35.
Grand total, $517, 2S6.43.
Some of the Creditors-B. Beaupre.
ss,340.05; T. A. Harrison, s7,l0S.09; st.
Paul National bank, S3,600.20.
Discounted Notes-A. NJ. Coser & Co.,
about S12, 800. Own Notes Discounted
w. r. Kenyon, OwatOnna, $500; First
National Bank of Owatonna, S8,061.25.
Customers notes secured by bond
signed by members of the company dis
counted as follows: Lobdell, Farwell
& Co., Chicago, $17,3S3.92; First, Ma
tional Bank OF st. Paul, $13, S99.76;
Merchants National Bank of st. Paul,
S13, 726.45; John Schelliger, st. Paul.
$4,000; Joseph B. Ames q Co., Boston,
twenty-four notes of $1,000 each. $780,
600; notes to Merchants National bank
secured by bond, SIS, 1888; First Ma
tional bank, secured by bond, SIG, lOl .62;
Hanover National Bank of New York,
$4,000; Mercantile National Bank Of
New York, $4,000.
Other notes signed by the company
and discounted: Jacob Simmer, ST..
Paul, S4,44O; Henrietta Bamford, St.
Paul, s511.16; j. Okaro, st. Paul, S.. 900;
l.. Coillit, st. Paul, 500 10; Philip Yer
plank, st. Paul, $4,000.
Endorsed customers notesiwhich have
been discounted as follows: st. Paul
National bank, s2,673.42; Farmers Ma
tiOnal Bank of OwatOnna, 81. 506.73;
First National Bank of Faribault, So
S43.15; Citizens Bank of Mankato, So
IS. so.
Ella Gilbert was adjudged insane by
the probate court yesterday, and ordered
committed to the Rochester asylum.
In the case of Margaret OMalley
against the Boston Northwest Real Es-
tate company for injuries sustained in
freight elevator at the Metropolitan no.
tel, the Jury returned verdict in favor
of the defendant.
Margaret Whitacre was awarded a
verdict of $415.79 against CardoZa d
Son, as the value of goods taken by
them which were sold by her husband.
Judge Willis court is engaged with
the personal injury case of Joseph w.
Mulkarte against The st. Paul City
Railway Company and The Minneapolis
Street Railway Company. Mulkarte
was injured IN a collisiOn-on the Inter
urban line, and wants $4,000, or so
much thereof as the jury will award
him. The collision was caused because
a defective brake caused the motoneer
to lose control of the car.
Judge Brill is still engaged with the
case of Horton, as receiver of Walker,
Judd q VeaZie, against Austin p. jerks.
as assignee, and The National German
American Bank.
Judge Otis is still examining the ac-
counts of the Carling-Horton Portrait
company under an application for an
accounting of partnership business.
"