The sun. [volume] (New York [N.Y.]) 1833-1916, 1894-02-09
Cooley COMPANY ASSIGNS.
THE VIEW MANAGER WANTS TO Kyov
WHERE M Is m

n - Proposes 60 Resrrarizs Tnd.r -.
Yort Laws So that Creditor. Can ~.
Attachments st wni-D~st. $50 90
The Cooley Publishing Company Of u ~.
row and 10 and l. Nanderater street m,d..s
assignment yesterday to BENJAMIN = lia-,,ns
LAWYER Of 45 William IT .eet the deaI 49,,
signed by Henry J DAWSON. Jr a. Ircsii..s.
and Henry Wakefield Bats, az secfctsr, r,.
company published Gooet's and also y,,i,r.
books. 1t Is n New Jersey corp, raiiur. w1,b
capital stock OF 500. 90. Heury J. Ha,iso, =.
was the principal stockholdcr. n. top,n,
Godevs hagoipein May. Is ~ Ithad boon M
lished for iitT years in Phi Adelrh.a aid. r,,.
lished II here for about six months a'.arib.
purchase under the style o. the Code. I.utI,,h'
ing Company. he / eng the ole rroirietar. u,,u
il was incorporated. The usarazlru has sf,..'
tised extensively since the .ucurp0ratt.p s,I
the expenses were large. laul VI. iIcba,d.
the late Vice. Pres,d lent. also acted us M hl 49,,
up to Dec. 10 last. since With time lie has M,
been connected with the comiany.
II. ". Bates took charge ga -cr H. a,d J..
says he found matters in u vetv un sati..ss,c,,
state. lie said yesterday that hc owl,i, ~.
stock OF the Cooley Publishing ,omtaay snI
that when he took possession tho iNars IN.
was to be delivered to him fiec and lea, :,
debt. This was not done. lie found tina, ~.
former manager had made many rpHttaris
which were not Mt al adNaL ia EeuG- ~ N.
ish' ones These contracts were for ro,o ,gV..
sions on advertislng. Tor supplies. and i5r
various things These contracts are i'l-n',r
OF them on the books Mr. Bates sad he rag aq.
not tell where he stood. and a. he hal to ia
out he took the method Of having tho rom
pany make an assignment to earn the ga,
condition OF affairs. MI. Babes saii he N.
mAndsd that the CON pany make an asslSS,
ment as It was foreign corpuEa,ion and !i"S,
to be attached at any moment by the ho!Ie,
OF these contracts
The company" he said. will 10 at one.
that the business will be continued. ~ Law
son will be President. tie is a very rIch man
aud has spent over $500. 0UO on the ulaea7ins
In fact the assignment was made 'or he saE.
OF recognizing the company. The Legitimate
debts are about $40 900. OF which II - is on
on the contracts as far as EnoWn as .a ts:
$50 800. which would make the total nominal
liabilities $4,000; The assets are great
.ss ,eSH M Bates i abS h9E9aP s a.
real debts OF the company wou.f ha paidis
full Asked il Mr.. Richards had power to make
the contracts complained Of he replied that az
an offlcer OF the company he had such power.
Henry L Dawson. Jr. who invested great
profession. Inherited q fortune. It is said, from
his fathers estate about three years ago and
a year ago married a grapddsughtsr d the
erty at Millbrook. where he built tho Hal.
4 McDoueail. machinists and dealers in ess
yesterday to Oswald J. Waite.
for G.erse fafrinstOS. stoce and real G es,s
broker. OF 50 Broadway, at the Instance Of
Henry A. Hubbard and the saokett ( Fisf.
owns is 1856 acres OF timber land in Wiimurs
townships H e N county: which he took for
Whitehall, and was known as q promoter q
various companies.