Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-12-19
E. CHRISTIAN FAILS
This Mell-K " BUSINESSMAN Made
an Assignment Last Evening.
HIS LIABILITIES ARE *iee,ooo.
Thought to he AmpIe-The
Richmond Paper Company Not Az
fectcd-Judge William j. Leake,
Trustec-TEe Creditors.

and one of the best-known businessmen
of assignment to Judge William J. Leake.
trustee in the office Of the Clerk of the
Chancery Court yesterday afternoon
about $50 o'clock. Mr.. Christians La
bilties are $4,000. and while his assets
are enumerated in the deed. no valuation
is placed upon them. A close friend of
Mr.. Christians, and one of the creditors,
however, said last night that that gen.
tleman's property would more than pay
every dollar that he owed.
The Richmond Paper Company is in
no way affected by Mr.. Christians as
signment. The failure is purely per-
sonal one, believed to have been largely
made necessary by the transactions be-
tween Mr.. Christian and Mr.. J. b. Pace.
BY reading the deed of assignment of Mr..
Pace. filed on Saturday last, and that of
Mr. Christian, which was entered of re-
cord yesterday, ii will be observed that
several notes aggregating $4,000, bearing
the names OF both Messrs. Pace and
Christian. are mentioned in both deeds.
LIST OF THE ASSETS.
Judge Leake himself took the Christian
deed TO the office of Clerk Goddin, of the
Chancery Court, and had 1t recorded.
Mrs. Christian joined her husband I'm the
conveyance.
The deed conveys all the real estate.
personal property, bonds. stocks, and
chooses in action OF Mr.. and Mrs. Chris
tian, as follows
First parcel of land. with improve
ments thereon, on the south side Of
nd or eide af Iaprx-
A parcel OF land. with Improvements
thereon. on the east side OF Henry be-
tween Main and Franklin streets
parcel OF land of 90 feet front on the
south side OF Franklin street, east Of the
lot owned by Richmond College; an undi-
vided half interest in tract Of land
in Henrico county, on the east line or
Hampton street, corner Of Amelia street.
being lots Nos. |, 2, 3, 1, ;. s, I. 5, and
? Of what is known as the estate of
John Il. Harvey and also lots Nos. IL to
25 of the same estate. Also. an undivided
fifth part or interest in the tract of land
in Henrico county, conveyed by George
J. Rogers. trustee. TO f. r. Scott, j. i.
Branch. J. II. Dooley. Joseph Bryan and
+. ID. Christian, known as Westwood,
and embracing about 4i2 acres Also
certain parcel of land. with improvements
thereon, in Danville, on Craghead street.
STOCKS AND BONDS.
Second Three hundred and seventy-five
shares OF the capital stock of the Rich
mond Paper Manufacturing Company.
corporation, with its principal office in
this city, 200 shares of which are pledged
To secure a debt to William GrayS
executors, and lO3 shares of which are
pledged TO secure a debt, TO the City
Bank of Richmond: Sii shares of the
capital stock of the Sloss Iron and Steel
COMPANY of Alabama, 100 of which shares
are pledged to secure debt 10 Mrs. II.
Y. Younger; all the right, title, and in
terest in and to the shares tor INTEREST,"
in the Richmond and st. Paul Land Inn
provement Association, of which Messrs.
James H. Dooley, Joseph Bryan, and Il.
H. Mayo are trustees: 10 shares of the
capital stock of the Virginia Trust Com
pany; all of r. -. Christians right, title,
and interest in the Old Dominion Mining
Company; 80 shares of the capital stock
of the Gray Electric Company 100 shares
of the capital stock of the Gray National
Telautograph Company; all interest OF Il.
d. Christian I'm the Richmond Telauto-
graph Exchange; shares Of the capital
stock of the Comas Machine Company; 40
shares OF the CASTOR Mineral Company.
or any interest in said company; 329
pany. or any interest therein; subscription
certificates of the Richmond and West
Point Land, Navigation, and Improve
ment Company for $4,000 subscribed
thereto: ; shares OF the Virginia and
North Carolina Wheel Company's stock;
all interest i'm any shares OF the Ameri-
can Pig-Iron Storage Warrant Company's
stock, or in any subscription for the
same; 80 shares of the Sully Car-Seat and
Lock Company's stock; IA shares OF the
Clifton Forge WaterWorks Company's
stock; 30 shares OF the Nicaragua Canal
Construction Companys stock. in the
hands of &. w. Branch & Co.; 1,02j shares
OF stock of the American Fibre Company;
81. 800 of the first mortgage per cent.
bonds of the Commonwealth Club, of
Richmond, interest paid to December l,
1895: 81. go of face value of the second
mortgage Of the Tennessee Midland Rail-
way Company, or trust certificates there
for; y first mortgage bonds of the Seattle.
Lake Shore and Eastern Railway Com
pany. or trust certificates therefor, which
are pledged as collateral for the en-
dorsement Of J. W. Johnston. discounted
and held by the City Bank OF Richmond.
and which notes are also secured by
30 shares Of Sloss stock, belonging TO
and pledged by said Johnston TO secure
said notes: 81 900 of the first mortgage
coupon bonds OF the North Birmingham
Street Railway Company. and the benefit
of any guarantee Of said bonds, and 1870
shares of the stock OF said company:
notes Of the North Birmingham Land
COMPANY. each dated March II, 1891, and
payable one year after date-one for
ss522l. payable to r. ID. Christian. and
one for s5s473, payable to c. W. Branch
K Co.. and endorsed by them, without
recourse: all the interest of T.. ID. Chris
tian in the joint account between him
and j. B. Pace and all interest OF MI.
Christian in the property owned by this
ioint account; any balances that may be
due TO Il. ID. Christian by either OF the
following parties or firms upon the settle
ment of the accounts between them: c.
w. Branch e. Co. Thomas Branch x
Co Scott & Stringfellow; a balance OF
ss So. 20 to the credit of f. d. Christian in
the City Bank Of Richmond.
THE CREDITORS SECURED.
The deed Is made to secure the debts
of Mr.. Christian, the usual legal ex-
penses incurred by the drawing and exc
cution of the deed. including proper COM
pensation 20 the trustee, etc. After
This the creditors are enumerated in four
classes:
First Class-AIrs. F. v. Younger. $2.2OO
amount on note of r. ID. Christian. TO
the holder or holders thereof, the pay
ment of SO much OF two notes as shall
remain unpaid after there shall have been
maid thereon such dividend or payment
as they may be entitled to out of the
trust property and fund assigned to
George l.. Christian and J. j. Mon
tague by James b. Pace and wife, by
their deed OF December 1ith-to wit: One
note dated August o. 1893. made TO f. NJ
flowers and payable 10 the order OF F.
II. Christian and j. B. Pace. payable
ON demand for $4,000; another note.
dated October 7. 1893, payable at four
months, made By F. M. Bowers. and
navable to order OF f. ID. Christian. and
endorsed by him. for the sum of $4,000
Roth notes were made by Bowers for the
ioInt accommodation OF f. ID. Christian
and J. Il. Pace.