New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-06-02
A NEV OSBORN FIRM FORMED.
LATEST ASPECTS or TIE FAILURE OF JOHN oS
DoRN. son CO.-OTrER BUSINESS
COMPLICATIONS.

LATEST ASPECTS or TIE FAILURE OF JOHN oS-
BORN. son d Co.-oTnER BUSINESS
coMpIcATioNS
There was an armlst.cc yesterday between tho
conflicting interests IN connection WIKI the affairs 81
John Osborn. son q CO.. wine merchants. ~ 80. -
Beayer-st and It was said that no agreement hai
get been reached Colonel Francis !. Crlly. inc
manager of the business. ~ trustee Tor the estate
o, the late Francis Pares Osborn. sent a notice 10
sheriff Hansen Yesterday which read as follows;
Please take notice that am IN possession o. the
assets OF tho firm Of john osborn. son Co, as
trustee ,or the estate % Francis farcs Osborn am
tina, william AMI Rohcr, \ Osborn hay" NJ ini''-
..i therein For any Interference with ~" Hii
propcrty / shall hold You personally responsible
Dcpuiy-sherin Iipsky sail tho notice would not
prevent the sale OF the interest OF william ana Rod
cr; Osborn THURSDAY next
samuel q. Adams. attorney FOR Colonel 'r.y.
SAID that The money due the estate ~ francis Pares
Osborn Was not WIKI ~. firm ~ the risk OF busl-
ness but simply as q loan. and the estate would
no. have let (, remain unless Colonel Criily hai
tho management oi 90" business Mr. Osborn lrit
about yrocpD OF which there IL no" remaining about
5000 Concerning the assets ot the nfm Colonel
criliy SAID he could give no figures At present
They have abou, twenty thousand cases or
champagne. many outstanding accounts ana the
building 30 {, Bcaycr-st. l. has been the general
impression IN the trade that the estate %; Francis
T. Osborn was AT the risk Of business and "a" cF'li
OF the firm IL ir said. VAS due largely 20 N'S III
teres; being at the risk Of the business. i, Is now
asserted however. that Il has been a trust ,uni
,iucn Las, July. when Colonel City went IN ~ Is
stated that IN. firm owes Colonel trilt nilN.dialy
S7O.o for money loaned The liabilities oi the h.hi
f. Is said Will amount 10 nearly N!'"un
including the amount due tho cs'tt" Or Francis
parcs Osborn. and the nominal assets VII b" ABOUT
me same II Was announced yesterday that "A new
firm had been formed by John Osborn grandson oi
the la.e John Osborn the founder ot the house. ahl
nephew Of the late Fran.Is Par"s OsboiN ani
Francis NJ Mcdonald. Who had been cashier ana
confidential clerk for the last ten years nicr me
styic 81 John osborn, son Il Co. who Would seek
dlr,rcr,c I'm The til- Of the and old firm would
be- an - after Osborn. John Osborn said ycsier-
day that they are not successors to the Oh hrni,
but an entirely new concern Win ample capital
and would probably get some OF the agencies OF the
Old firm. -. 49,,
Joseph Lesser cigar manufacturer AT 80 iS
Fast \lnoty -nrs;-st made assignment NrStri ldF
I, Leopold tlman. giving preference" 10 sara Los
ser FOR S1a45 Mr.. Lesser has boon IN business
snre ls7s and succeeded Lesser 4 Fox In June, lN}
lie hns made no money for year past Nls" *
Ilch.ensicln, his attorneys. estimate me liabilities
at $500. ,, M .,,-
tnn against Rrouwcr n Mc,iOVn. stockDrok"rs, OF
must FOR balance due note the collateral e.
which were bonds Of the Ne~-lork and Perry Coai
ana Iron COMPANY ,
Deuuty-sherir Dunphy has received three eKecu-
tions ogans: the New orl and Long Island kall-
road Company Of NO A. broadway, IN favor OF IA"
follovlng persons: Charles +. Tretbar. Nry, Her
hcrf steward sl2.J,3. Rufori Franklin. 1851.