New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-04-08
It will all come out
in the wash"
if you use Pearline.
r. j. KALDENBERG FAILS.

THE wELL,KNOwN MEERECHArM PIPE MANU-
FACIURER MAKES AN ASSIGNMENT
rrsdor,ct T Eoldenbcrc one OF the leading men
in the mcerschaum pipe trade, made an as'ghhichs
Yesterday. without preference, TO Hehry u Euie''
Mr. Kadenberg has stores at Beekmah ana N"SSaa
sts Fulton and Cliff sts. and at No. Astor HOUSE.
and he lives at Tarrytown. lie assigned as deaies
In meerschaum pipes ivory gods. etc. lie Is also INC
president and principal owner of the F. j. kaldenbeT
COMPANY. Of No. oil TO 2a0 East Thirfy-thrdst.
which manufactured the goods he Sold The business
was started by Mr.. Kadenberg's father In 1873 ana
the asSfgnor succeeded 10 1t in 1862 in May 1857
he Incorporated the +. J. kaldenbery Company WIN
a capital stock OF 500 900. Organized under Newlorx
laws. and induced several well-known men TO 10
come Interested in 1t. among whom were c. VI iiar,
president Of the Chatham Bank; Z. Faber. the pencil
manufacturer: Henry {. Euler and J. NJ seebts. Of
Tarrytown Mr.. Faber treasurer Of the company
for several years but at his Office II was SAIL yes
terday that he resigned over year ago. The Kacen'
berg Company manufactured neerschaum pipes. rubber
and pearl goods car springs ctc with bfahea
stores In Boston, Philadelphia. Chicago and st LOUIS
The annual report of the company filed in January
last showed assets $4,000 and liabilities s2s5Ooo
Dpputy-Sherin Firm has taken possession ~ inc
factory OF the company IN East Thiity-fhrus' uhdef
an execution for 1913 IN favor Of {. q. Waite ana
under two attachments for $2.lGo In favor oil ule
Clinton Bank. The attachments were obtained In me
City Court on the ground that the principal place
OF business IL the company was In Wesches"r county
The Cattarugus Cutlery Company obtained lds
mcnt against the company about two weeks ago
for 81. Sl4 n disputed account. The F. j. halden
berg Company In December last valued It's mahinery
and fixtures AT $4,000 and merchandise on mana NJ
s53O 900. II does not own the factory properly "hc"
II occupies ut No. I'll 10 800 East rhIty-thirdsI
This belongs TO +. j. KahcnberS individually ITO
bought the property IN December, los3 II having
previously been occupied by the New'Encand CH
Spring Company. lie recently valued II at S3tooo'
and 1t is incumbcred by mortgage OF Sllo.Uo. Inv
factory Is seven stories high. and covers plot l'N
100 feet. Mr. Kaldcnberg owned the greater part I"
the stock OF the +. J. kaldenberg Company ana Wy
taly ran the business having great faith in Its sue
cess. II is said he put large amount OF money
In II. Endorsed its notes heavily. and in many cases
personally guaranteed its purchases.
Notes were falling due which he had either maao
or Endorsed for the company, and finding that 10
was unable to meet them. he made an assignment
1t currently reported that his contingent haoii'
tiles indorser would probably amount to S25ooo''
Ills affairs are involved much with thos, OF mo
company that 1t will require time to stralehen
them out. In December last he made n statement 70
BIadstr,ets showing assets about IL 900. 900. hsbf
tiles $3.50 900 surplus 1861 600. Included In the
assets were bills receivable and accounts. S2.ooU'
real estate No. 2ll to 30 East 1hirt, -Ihiru'st.
gao 900: stock In the +. j. kaldenberg Co., $780,
merchandise. $Sl COO. cash, $4,000. The lMpunes
Included mortgage real estate, Sll5.OOo, CON
tingent Endorsements. S2ls.Oo0. Friends or MI.
kaldenberg said yesterday that they thought his em
barrassment would 10 only temporary