The times. [volume] (Richmond, Va.) 1890-1903, 1894-01-09

JOHN IL. MONTAGJ E FAILS.
The Liabilities $50 1896 GO. and the Asses
s37,621.24.


MIR. John y. Montague, who Is wen
known in insuranq, and financial circles
Of this city. and who Is president Of the
/ Merchants and Planters Savings Bank
/ yesterday fled a deed Of assignment IN
/ tha clerks office OF the Chancery Court.
1~,e deed IS also signed by Mrs. Melinda
/ A. Montague, and Messrs. Percy Moh'a-
| que and X n. Steger are named as lrus-
fees. The liabilities amount TO soo'o'V'oo'
! vybuo the assets are So. 62L2 There are
! tbree classes of creditors and those OK
/ each class are 10 share pro rata IN the
| dividends which are to be paid whenever
/ sufficient funds are on hand.
,rbe frst-class creditors are the follow
ing. Maggie ". Freeland. or ). X. =.
/ Lewis. her trustee. as administrator Oh
| the estate Of John Freeland. with interest
/ from December IS, 1893. sl2zz'' Massle
| Freeland. or j. r. {. Lewis hei " -
as administrator Of the estate OF James
| < Freeland. with interest from December
| 1S 1S99. 81. $3.50; Maggie w. Ffeeiand' or
! m Y C. Lewis. her trustee as admins
| traitor of the estate OF Resale I. Free
land. St.44711. Total, $6,i93lo
| Nannie Il. Fox. OF James Fox, her trus-
| toe due as executor Of John Freeland,
| S2.s27 10. ana interest from December ~
1898: Mamie B. Fox. or James foN' her
trustee. as administrator OF the estate vi
/ lanes : Freeland. Si.75313. ana interest
thereon from March 81. 1893: Mamie i.
Fox. or James Fox. her trustee due as
administrator of the estate Of hosale l.
Fox. S4,4iO9 Total $500.
Iohn Freeland due as executor anu
trustee Of John Freelaud, deceased, So
81 rs. John Freeland. due as adnilnislrd-
tor Of the estate Of Resale 7. freelahd
$ei7.S5. Total SS,7o5JL
Mrs. Sallie +. LEROY. S'loO open ac-
count. with interest from October l. 1915
Total amount due creditors OF iirst-class'
S2613S.SS.
other Creditors.
Tho Nirpinia Paper Company Is the only
creditor named in the second class ana
rs claim amounts TO s. 9O775. This class,
hou,ever prov Tor any balances that
NAV remain the Merchants and Plant
ors National took on certain notes maze
by j. II. Monta o.
u,ho tbir5-class creditors are the follow
inc. First National Bank, endorsements
for Virginia Paper Company, Sl5SoO' Union
Rank same. S7.O0V; Merchants ana rant
ers Savings Bank (note), SOW Saihuei
Sinton. 1880. Total third-class creditors
S27S5o. A.. a.od oi,.oe
co,,Dlete description Of the property
,,ssioned It's appr0Ximated value Is ST.
ooe and is as follows Sixty shares
E,ocrican Tobacco Company preferred
- and ten shares Watkins Hardware
ro,,nanv stock. less s., 400 due the FIRST
| National Bank borrowed thereon as Coi
lateral to secure note OF Sl,bV' ouitc1n
shares Southern Railway supply
| ,,.n,- 81 100. seventy eight shares Mar
shall Manufacturing Company, $3.50, hliE-
| Gvo shares Merchants and Planters
| Savings Bank. 81 100. nincty-elSht Shares
| Georgia Pacific Railroad company S'oV'
| t,vontv-tyyo shares West-End Company
| $50 less note due Merchants ana rant
| ers Bank, for which the above were gwen
| as collateral. &,52J, balance, estiiateu
| ,-aluo Il 2l5. one share Masonic Temple
! old stock. Sl0) FIVE shares Rcnmohd
! Elevator Company. $3.50. ten shares South
| crn and Atlantic Telegraph STOCK, N@V'
! five shares Carter Machine Company
| SjOl. interest I'm Taylor tract Of land, Man
! chester. 81 20. interest in certain lots OF
| land in Bristol. Tenn, $40, certain lots
IN Lisburn. near the city, S,2OJ; hVe
shares Richmond and Manchester Lana
| Company. $500; Richmond and DanVille
! railroad extension stock. $500; sulphur
| Mines Company Of Virginia, twenty-five
shares. $3.50; hfty shares Newport News
| Land and Improvement Company, So'VlO,
| one hundred shares Missouri, Kansas and
| Texas Railroad Company, less StZL26 due
thereon S7722i: fifty shares Smith-Couft-
nev Company. less 8100. $780, one share
| Iarsln Manufacturing Company, 500; in
terest i'm Denton farm less sum unpaid
| thereon $500: ninety-four shares Virginia
Paper Company, value not given one
| fortieth interest in Buffalo Forge tract Of
| land. near Glasgow, Va. $1,000; fifty
| shares South Salem Land Company, $3.50;
one hundred shares Rivermont Company,
81 600. fifty shares Shelton Land Company,
| SisO. two shares Lisburn Land Company.
| s9DO. si65 of Chesapeake and Ohio and
| Canal Companys coupons value not
given. two shares Virginia Steamship
| Comnanv value unknown; ninety shares
Mason park Land Company. $500; resi-
dence corner Franklin and Second streets,
| 80 COO. ten shares Richmond Leather Man
! ufacturing Company. not paid for TWEEN
tv-dve shares Union Bank stock. $3.50;
and any other property or estate or John
II. Montague which may nave been
omitted.
MIR. Montague Resigns.
The failure OF Mr.. Montague viii affect
| the Merchants and Planters Savings Bank
only TO the extent Of &,525, for which
amount the bank holds collateral. Mr..
Montague presented his resignation as
| president of the bank, and the board met
| last evening. and after accepting the
resignation. elected Mr. Z. II. Mayo presi-
/ dent pro tenn. 1t is understood that Mr..
| Mayo will serve in this capacity until the
board chooses Mr. Moniague's successor
The Social Swim.
Miss Marie Wainwright and her splendid
I Tod ny