New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-31
IN A RECEIVERS HANDS.
FOUR OF THE sUB-CoMPANIEs IN CHARGE OF
CHARLES w. GoULD-AN EXPLANATION

CHARLES W. GoULD-AN EXPLANATION
DESIRED FROM JOHN w LOWELL.
The directors CT the United States Book Company
are dissatisfied with the statement made sunday
by John W. Lowell, exvice president Of the company
Mr.. Lowell, who is said 70 have returned his home
sunday fIOm Boston. could not he found yesterday
at his house No. LexingtOnave. His brothers and
his lawyers, Carter, Fnney & Kellogg. spoke for him.
Mr.. Kellogg was at MI. LovellS home last evening.
and he assured all who called TO make inquiries that
Mr.. Lowell was in this city actively engaged in doing
all he could to put the United states Book Company
on firm financial footing.
Mr. Kellogg said to Tribune reporter: The
charges alleged and insinuated against Mr.. Lowell
| are Of course untrue. Mr. Lowell has said this in
the statement given TO the news papers lie cannot
understand what motives could haze inspired such
utterly false suspicious. Mr.. Lowell has. since his
return 10 the city. Charles W. Gould, the re-
ceiver of the United states Book Company appointed
by Judge Patterson on saturday. Mr.. Could now
knows that the prOmi,Oy notes. about which 80 much
has been said and much alarm pretended TO haze
been felt. safe and in good hands. cannot now
say what action will be- taken by Mr.. Lowell, either
AS an individual falsely accused Of serious things or
rs IA member Of The United States BOOK Company.
| believe. however That some people who have in
nlaed scriUus things will regret their haSiy action
haven't henol More talk today about IL criminal
| action being instituted against Mr.. Lowell
| Four Of the sub-companles connected with the
United States Book Company placed in the hands
| Of receiver yesterday. They are the seaside Pub
| fishing Company ard International Book Company,
| both at No. li2 TO IA WorthSt.: the Iiovendon
Complny 1T Nos. II and ~ Waveey Pac'. end ell
Coryell u Co.. OF No 43 TO Il East Tenh-s Charles
| W. Gould appointed receiver for them on the
application OF Edward F. &. Young. as receiver OF the
| United states Book Company Mr. Gond being the
New York receiver for the latter company. The liza
4 Ilifio af,d he "A
follows: Seaside Publishing Company. liabilities.
300, OOO assets, $4,000; international Book Com
pany. liabilities. $4,000. assets, 100000 Loveh,
| Coryel & Co.. liabilities, $4,000, a'Heis 100000;
| Iiovendon Company, Liabilities. 100000, assets,
$4,000 The assets consist Of merchandise. book
accounts and bills receivable. John Howard Latham
has obtained attachments against the National Book
| Company for S!1,ll0; Lowell, toryell, Il CO.. $40
1913: Empire Publishing Company, S7.166; Seaside
Publishing Company. 1896 Attachments have been
obtained against the United States Book Company in
favor OF Henrietta smith for S2O,1Oi, and In favor
| Of EraSius " Root for 80 800.
| Judgment was obtained in the City Court yestcr-
day against John W. Lowell, late yccprcsidcn of the
United states Book Company for +''l In favor oil the
German National Bank OF Newark, on note dated
May IL. lo32, payable In six months. The com
| plant sworn to on December last. Execution
| was issued 10 the sheriff.
v NJ. Coryc. president Of Lowell. corycl & Co.,
Nos. and IL East Tcnth-st.. ISSUED the following
| statement To the trade:
Jan o. is93.
Gentlemen We presume that Won already od''-ei
= the TEMPORARY cm 1rra>u,nt Of L tinted Stac' E"'4
| Company and r. subsidiary conpani Ih. 'on'l@n'
viii continue do bu..nc.- USUAL. but viii probably
| /. rcinc, rnorltcd leaving the ~ Lowell.
| Mi John I.o,e1 was IA connected with Til
| conrAny a. an onccr OF -to'khod~r Non-~ tfuiy,
LOWELL. COEYFIf & 90.
| V II. COEYiiI. Pr ,'l.nt.
| Mr. Corycr said That he was anNioIS 10 near an
| explanation from Mr.. Lowell who. j" 'ad' ma
| r... lr,cd {, unusual methods 10 rail-" money Nj.
could the receiver fer th" United states Eoo@ Com
| panv said that h. had L,thns 10 -Ay about ne
anaIrs Of tho company. but that pr baby statement
| would be given ont today. Al the Office of i"'
| United States Book Company, al No' . ana r"'>'
| nA tccnth-st Yesterday aftriuo n j. >'l"Fh IAN
Chairman 81 ;hr executive committee Of the company t.
said that he received ~ Official npilc" thhi NJ.
| Lowell was I'm lie city. lie said That hr bei'''"
the COMPANY would Resume Du-in"'S ~ ,ho.i ilm".
.pcakn, II M. Lovers business hi"iiN a. >ii'
| ,int Ii. accouut- showed " very tIi'If~- 'i
| keeping The directors OF The COMPANY do nor
accuse Mr. Ifcll Of any criminal intent ~ '"hh". hS
| hi, Business affair, %, J." }, du'td - nave ''"
Lut They do ccn~urc hin severely for hi> all's"
| mi man cement and rar'l"- SLICES.
| l. NJ C5ryell. 81 Loyrll. cory II 4 co.. which hru
| was p,rrd In the hand, 81 receiver Yesterday. san
| that h. would Ike to have Nj. Iot"h ,Ni,1H ~
ol,,n certain assigned accounts held by III" western
| National Bank security. ih'N "n|"n'
| f. $1,000 II Is said VIZ. Lowell J. expected 10
Ynir n detailed statement OF III ana,'mcnt 81 il"
| affairs Of the Tinted states Book torPiny To-Day.