New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-05-02
FRANCIS H. WEEKS ASSIGNS
,r,, vxowS LAWYER IN DIFFICULTY

.rnr ~, NE FOREST MAhr"o y "i
,,cu,rnw W. C. wEbLING THE ASSIGNEE
,,orv Weeks, the well-known lawyer.
,,,u,am.st made an assignment yeSter-
VI W. p;ob,rd W. q. Yelling. the lawyer. OF
""' wau.st Mr.. Weeks was formerly oil the
w. a. ~ De Forest & Weeks. and his nam"
'aw u" ., The head of the list of the names on
dpPa ~ their offices at No. 62 Wllllam-st., hut
..0 ~. Forest said yesterday that he had not pc'h
MI :. for four years lie has his Office there
~, MT 90 down town yesterday. lie lives az
~. II East Twenty-fourth-st
~" ", vecks WAS largely interested in a number
-. enterprises in the West particularly in several
sa.oorns at West Superior. Wisconsin. II Is saW
,hot bc borrowed considerable money in this c'ty
o. carry his holdings. and when the strlngcnVv ~
,he money market made itself felt ne was uhaoie
" .hto,n further Accommodations He was cnthn-
siastic in his Western undertakings. ana ie"
nontbs ago considered himself worth probably
400 900 Five years ago Mr. Weeks WIN
ssveral other New-York men. formed the West
Sunerior Iron and Steel Company. which they in
oornorated with an authorized stock Of S',oooooo'
Nr Weeks being the treasurer and James Kos,-
vol. president A large amount Of money was en-
nended in developing and upon the plant. !t"ouV
tbe same time Mr.. Weeks organized 'ie i.'"u
and River Improvement Company, also vi "oN,
Superior. becoming the president. secretary "'u
treasurer.
The company laid ont the town site ol ""S'
Superior ard expended large sums III i"'p'''
mcnts II got manufacturers to srt'ie '"'''. """
also operated the West Superior Woole" N""'
The company was Incorporated nnder Wv NV
laws with capital stock Of $500 600. Inc 'o''-
many claimed large resources. and some ''iie a,o
Moved assets Of nearly $4,000, 600. prlncpa ~
ON landed interests In March last II Is said 'ha'
q mortgage was placel on the real estate 'oi
$500 600 TO secure an issue OF hondS the Nn''
orbocker Trust Company of this city oeihs 'i'o
trustee.
the Office of both the West superior iron anu
Steel Company and the Land ana RlVef lmproN"
rnent Company is at No. 62 Wiliam-st.. on the
cam. goor with thc Offices of De Forest 4 Weeks
II WAS said there that Mr.. Weeks had recently f"-
s,vned a. treasurer of one Of the companies and
nod heou succeeded by Mr.. kilmer. II was
fu,thcr stated that the companies were in no way
ognc+ed nv the individual assignment OF MIR.
Weeks.
Mr. yelling the assignee, was unable 10 give
onv idea Of the liabilities of Mr.. Weeks but en-
r.,cted to have d statement ready soon. lie cav"
tho reporter the following tvp'wiltten statement
Mp Weeks was interested in several business cn"ft e
in the West have had no opportunity aS Fe. 20 'oo"
into his affairs. but as nearly a can no" Vi' u.
nit. narrower Of money, and he found IT impo,sioc 10
secure sufficient accommodation" anu ~ "
make as'icnm:nt.
Nv Weeks could not be found last evening
His hopse at No IL East Twenty y-fourh-St.. was
inhabited and lighted After repeated pulls az
the tell a woman came TO the door. She appeared
10 have heen weeping. When asked If Mr. Weeks
was in she said No he has left town
"When did he yo?H asked the reporter.
:" uc left the city this afternoon. do not
know where he is.
The appearance of the hall indicated that the
inla btants were getting ready TO 20 away OF
had already gone. There were no carpets on the
stairs. nor on the floor, nor was there any 'urhi-
ture to be seen except a few chairs.
Robert w. De Forest, when at his home,
No North Washington Square, last night py
Tribune reporter. gave out the following state
nient:
The financial dnicure, Of Nh Francis II. Weeks ar a
great surprise TO me. l aware oil them until
few day. ago, do know their fun extent FOR al
information ths point mus: rcie@ YOU 70 MS as
srncc. Mr.. r. W. C. yelling He has devoted hlISc'l
increasingly 1 late years To the conduct OF ousn''S
enterprise, in the West, more particularly at west
Superior.
hi, nar,nofshp with nv brother Henry W. De Forest
and my self. terminated bv mutual consent more man
four years ago. though the rrm name Of De FOREST
Weeks ha, been continued letter heads for ola
Since then ou business mas o'eh 'h'
tn,y .er,ate from though the same suite
a, Offices His failure doe, not pecuniariy "n'ct NV
brother except 10 tn" extent OF his direct ou-d
tons 10 U.s. have security for these wh"Vh'f
ADEQUATE or remains n be determined MY nio'"''
does not know any more about this matter ina" w.
II was said Yesterday that the directors OF the
Land and Improvement Company met IN 'hc Ia"
Offices of sullivan q Cromwell, at NO 40 wall
ST.. and that Mr.. Weeks announced his assignment
at the meeting Ii was also reported that Warner
Van Norden. president of the Bank OF North
America was elccts. 70 succeed Mr.. Weeks aS
president OF the company ~.
Mr. Van Norden was not at his house, AT 10
I6 West For:y-cight-st.. when reporter calico
there last evening some members of his family
said that hc was at the house of Mr cromwell
al No. IL West Forty -ninth--f Whr, thc r.
nor,op oail.d thcre il was said that Mr. Crom
well was no; in and that Mr. Van Norden nae
not been there last evening.