Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1894-07-16
G. W. BUSH'S OBLIGATIONS.
HE HAS MADE A TRANSFER OF
REAL PROPERTY.

No Insoivent Assignment Made hut He Is
Meeting His Obligations Connected
with tho walton and whaun Company's
Trouble.
There we're rumors on the street this
morning that George w. Bush Sr, of
the George w. Bash AMI Sons
Company, had made an insolvent
assignment for the benefit OF his
creditors. These were probably due TO
the transfer by him Of a large amount
Of his real estate 10 the Equitable
Guarantee and Trust Company, and the
recording Of them In the Engineering
and Surveying Department.
The transfers In detail were as follows
West side Of Shipley street, between
Second and Third west side Of Rodney
treet. north Of Front; south side Of
Second street, west Of Lincoln; south
side OF Second street, east OF Union
south side OF Second street, east
Of Union; south side OF Fourth
street. west Of Washington; south
east corner OF Fourth and jefferson
streets: east side Of Harrison street, north
Of Fifth east side OF Harrison street,
north of Fifth: southwest corner Of Fifth
and Scott streets; west side OF DUPONT
street, south Of Front northwest corner
Of Chestnut and Clayton streets; south
east corner Of Chestnut and Lincoln
streets; north side Of Elm street, east Of
Van Buren; northwest cornor Sycamore
and Clayton streets; north side
Of Sycamore street, west of
Clayton: west side of Market street.
/ south Of Third; west side Of French
street, north Of Front; west side OF
French street, north of Front; south
ide OF A street, olet OF
Locust west side OF Townsend street
south Of B; middle of New Castle
causoway at Robert Grlmes5 land /.
east side Of Wilmington bridge
road, corner Of James Hogg; north side
of SheRrmun street, east of Poplar
north side .of Shearman street, east of
Poplar; south side of ShearmRn street,
east OF Lombard; south side OF Shearman
street. east Of Lombard; south
side OF Eighth street, east Of
! Jackson south side Of Eighth
street, east of Van Buren, south side OF
Eighth street. east OF Van Buren /:
southwest Of Eighth ard Dupont
streets: south side OF Eighth street,
west Of Lincoln; west side OF West
street, south Of Eighth two thirds inter
est, center Of Marsh Lane
IL Is understood that these transfers
were made to cover certain paper Of the
Walton and Whann Company upon
which Mr. Bush was endorser to the
amount of something like 100000.
"Nr Bush is acting like q man, said
one lawyer this morning. "He is paying
his obligations, dollar for dollar and
running tho risk of getting mis- money
out Of the Walton and Whann Company
when its affairs are IN such shape that
it will 60 out Of The hands of the re-
ceiver.
"All talk OF George w. Bush making
an insolvent assignment is wild" said
another man who is intimate with Mr
Bush and the state Of his finances He
has more than twice enough money to
meet h Is obligations Of every kind.
An EVENING JOURNAL reporter called
at Mr Bush's Office aud ascertained that
he was at Cape May and would not be
home until tomorrow. George w.
Bush, Jr, could not bs seen, being out
ia tho country When the reporter
asked Walter Bush for statement
regarding the transfers and rumors, he
said:
"Mr Bush is at Cape May aud you had
better walt until be returns l car
only say that the transfer OF the prop
erty was a matter Of form, and does not
in any way affect his solvency There Is
no truth whatever in the rumors Of an
assignment The transfers were mad,
in connection with tho Walton and
WhRnn COmpany's troubles