Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1895-06-05
Grocery Co.'S Trustees

Staunton Grocery Co.'s Trustees
Staunton Grocery Co S Creditors
All parties interested in the above entitled
cause now pending in Chancery in the Circuit
Court of Augusta county, TAKE NOTICE, that
the undersigned Commissioner, pursuant to
the decree entered in said cause on the oath
day of May, 1885, WILL at his ONCE in the city of
Staunton. Va, on
Saturday, the 9th day of July, 1895,
proceed to ascertain and report:
First.-The true amounl of the debt secured
to p N. Powell in the second class OF the
Staunton Grocery Co.'S deed for S., 2O0OO as
partnership liability of the Staunton Grocery
Co., and the real consideration therefor.
standardization or not the said deed of the
Staunton Grocery Co., under proper con-
structlon thereof, provides for the payment OF
the individual obligation of J. W. Splitter to b.
+. Eakle OF $2,0tO.OO, and of j. fl. Powell to p.
N. Powell for 100000, in preference to and
or whether said individual debts are, under a
proper construction of said deed, to be paid
out of the separate portions of said Splitter and
Powell in the assets of said Grocery Co.. after
the social creditors have been satisfied.
Third.-Whether or not Tin the event the
Commissioner finds that said deed prefers said
individual debts to the social debts of said
partnership, such a preference is legal and
valid as to any of the social creditors of said
for any special reason, it is invalid as to the
Spreckles Sugar Refining Co, and the Franklin
Sugar Refining Co., and Arbuckle Bros, or
either or any of said last named three credi-
tors.
Fourth.-The Commissioner will require u
+. Eakle ST., and p, N. Powell to establish by
legal and sufficient evidence adduced before
him the exact amount of their respective debts
against the said j. w. Splitter and j. III Powell.
mentioned and secured in said tt nSt deed; and
report the same to the court.
Fifth The nature and legal effect of the COR
tract between Arbuckle Bros. and the Staup-
ton Grocery Co.. under which said Grocery CO.
got possession of the coffee charged for ia the
claim of said Arbuckle Bros.
SiXth.-What part of said coffee vets on hand
II aud xyit inln
part OF it had been sold by the said Grocery
Co.. but not collected for at that time, the IN
collected accounts for which came TO the
hands of said trustees.
Sew enth.-Whether all or any Darr of the said
claim of Arbuckle bros, (and il only a part
thereof what part constitutes only general
debt of said StauntOn Grocery Co; and il the
Commissioner should find that all or any part
from the general debts of said Grocery Co.
then he Will find further what relation it, or
that paro Vi IL not included in the general
debts bears to the other claims asserted in this
cause, and what are the rights of said Ar
buckle Bros, in respect thereto.
Eighth.--The Commissioner will settle the
accounts OF Patrick Gordon, Trustees, with
the trust fund in this cause, showing their re-
ceipts and disbursements
Ninth.-He will state what disposition should,
be made of the balance of said fund now in
the hands of said trustees and how the same
should he distributed, and the order of prior
lty or any liens binding same or debts entitled
to be paid thereOut.
Tenth.-He will then state any other matters
deemed pertinent by himself or which may be
specially required to be stated by any of the
parties in interest.
J. M.QUARLES,
gusta Co.
june bits