The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-02

real plaintiff is the carpet-importing firm
of d. n. & E. Walter & Co. of 531 Market
street, whose claim amounts to $6O01.
Last Friday meeting of the creditors
of James Duffy e. Co. was held. at which
John P. Jourden, the active partner of the
concern, stated that his liabilities amounted
to S27 600, but that there were assets OF
about the same amount. Those who at
tended the meeting are very reticent about
the matter, inc luding Mr.. Jourden him.
self, but it is known that the latter offered
to settle with his ere ditors On basis OF IS
cents in secure notes.
This offer was rejected, Mr.. Walter
threatening an attachment. Yesterday
afternoon this attachment was filed It
| covers the stock and fixtures of the store
in the Flood building on Market street and
several pieces of real estate in this City.
| All OF the real estate, however, had been
decided to other persons or homesteaded
| before the attachments were filed. Yes
| terday at II O'Clock John r. Jourden filed
| second homestead claim upon his resi-
dence at Twenty-second and Howard
| streets, previous homestead having been
filed on the same property about week
ago by his wife, Lucy II. Jourden.
| The Walter attachment also covers real
estate at California and Octavia streets
and Valencia and Seventeenth streets, re
! corded in the name of Annie M. Duffy" :;
also Annie M. Duffy's interest in three
blocks of the Flint Tract Homestead Asso-
citation, recorded in the name of Eliza
| beth NJ. Wilson," also real estate at Bry-
ant and Clinton streets and at Clementina
and Second streets, recorded in the name
of Elizabeth M. Wilson and Lucy n.
JOurden." This attachment was not filed
| in the Recorders office until after II
O'Clock Yesterday afternoon.
Meantime, on May %, Annie M. Duffy
had decided the California and Octavia
Duffy, and the Clementna and Second
streets property to Elizabeth M Wilson;
while John P. Jourden had, on the same
date, decided the Bryant and Clinton
streets property to Lucy II. Jourden.
And SO it appears that the creditors of
James Duffy & Co. will be compelled to
rely upon the assets of the firm for their
money, unless they can see way of hav-
ing some of these deeds set aside. Mr..
| Walter thinks he can see such q way and
| means to press the matter to the last. Be-
ing member of the Board of Trade, Mr..
| Walter has placed the matter in the hands
OF that association s attorney, Joseph Kirk.
But there are heavier creditors than the
Walter Company. One of these is the
National Wall Paper Association, better
known as the wallpaper trust, whose claim
amounts to $4,000. The Tallant Banking
Company and w. and j. Sloane 81 Co. are
also creditors, but not for large amounts,
it is said. The debt to the wallpaper trust
is for stock consumed within the last two
years. Mr.. Stack, who represents the trust
on the coast, is in the East at present, and
what the action of the trust will be can
hardly be known before he returns.
Seven years ago James Duffy, the founder
| of the troubled firm, died, and his place
was taken by Mr.. Jourden, a brother of
the widow. The members of the firm
since then have been John P. Jourden and
the widow, Annie M. Duffy. Mr.. Jour
| Vinegar Works. Mr.. Jourden said yester-
day that he expected to pull through the
present difficulty. 1t was caused by a
| number of bad bills, he said, and by a fall
ing off in business. He said many of his
| creditors had expressed their sympathy
and promised to accept his terms.