The times. [volume] (Richmond, Va.) 1890-1903, 1895-12-15

.lt. aud which has forced him TO make
-u afslsumDaf. The general decd OF
a.sianmDnt was filed IN the clerks Office
oi the Chanccy Court yesterday after
noon ai $500 o'clock. and shortly after
wards uie s1d news spread ike wild
aro throughout the city Expressions
OF sympathy were frequently heard, and
many question were asked as 20 the nat
ufal consequences OF this big failure.
The Planters National Bank Of which
tir Pace has been the president IS
mot an.cfe3 hy the failure air. Pace
was indebted TO that institution TO the
extent of ,4l3.f05.l3. but that amount is
luily sccurcd by a special deed Of sale
hy air. and Mrs. Pace. wherein they
convey tO the bank twenty-five pieces
of their most valuable real estate in this
city. including the Pace block. at Eighth
and Main streets and the building occu-
pied hy A. saks g. Co. corner Eleventh
and Main streets. The Indebtedness 10
the bank being disposed of by special
transfer, DO is not mentioned in the gem
eral decd of assignment
The total liabilities of Dir. Pace amount
90 between 100000 and SioO.0o0 but IL
was Impossible yesterday 20 ascertain the
exact amount OF the indebtedness. The
amount of the assets is not given.
This is the largest assignment that has
ever been recorded in the Chanccry Court
of the city of Richmond
The creditors are divided into FIVE class
es. OF which the first class embraces the
sum of >2-26.50. due TO Mrs. J.. X. Webb.
of Washington, and am moneys due TO
servants and employees of Mr.. Pace az his
residence and ON his farm
The claims of the second-class creditors
amount TO- S16i.000. those of the third class
TO EiN2l4. The fourth class Of claims
comprises certain notes made or endorsed
hy mfr. Pace and held 10y the Union Bank
and First National Bank, of this city.
The creditors of the fifth class arc not
enumerated, but they are chiefly northern
firms ANA banks. and their claims aggrc-
gate about 100000
The transfer 90 Mcssrs j. J. Montague
and George l.. Christian comprises all
remaining property of Mr.. and Mrs Pace
except their household effects. The deeds
have been carefully prepared by Mr..
frank W. Christian. 10 was the general
belief yesterday Afternoon among those
who claim TO Doe familiar with the money
affairs in this city, that the general
shrinkaee of values curing the past weeks
and months were TO very large extent
The cause of Mr. PAGES misfortune.
Ittl PROPERTY 1ON - Ell.
The general deed Of assignment made
iy Mr. James b. Pace and his wife,
Mrs patue w. Pace. to Messrs. j. j.
Montague and Gcoree l.. Christian
which was filed, as stated above, yes
irrlay afternoon at $3.50 O'Clock. i'm the
rlerks Office OF the Chancory Court
contains the following transfers of real
aud personal property TO the trustees
First Three lots in Danvlie' with
tobacco factories erected on them,
known as the Spring or Mark-street fac
tory. the high-strect factory, and the
Iohan factory, on Patton street. These
thfco pieces of property are subject TO
ilr ll.n of two deeds of trust for the
benefit oi james n. Gresham, as eXecu-
TOR of c. BE-. Whiuock, deceased under
which deeds there is due the aggregate
SUM of $4,000.
Second The house and lot in the
ciy of Richmond. occupied by Mr.. and
Alrs Pace as residence. northW est corner
franklin and Adams streets.
Ihfi. an the right tile, and inter
one undivided half i'm the fol-
lowing lots of land in Henrico county.
conveyed to Mossrs. Games B. Pace and
jaime. IT, DOolcy. A lot of land with im-
rr0Nemeuis ON the southwest corner Of
Main and Meadow streets, another lot in
ihIs same square. lot of land on the
streets. "a lot of land ON the southeast
corner of Main and Meadow streets lot |
ON tine southeast corner of powhatan and !
Meadow streets. "a lot ON the north side !
of Dance west OF Carter street lot on |
tho south side of Dance east of Meadow |
street. Tot on the south side of Dance |
east of Meadow street. Tot on the north /
side of Williams east OF Meadow street. !
a Ioi ON ihc west line of Wallace east OF |
Meadow street, a lot on the north line of /
Wallace street 800 the same block.
Fourth The following lots or parcels Of /
land. a Dot ON the east line OF Reservoir I
street. cast of Wallace street, LOT on /
the west lnc of Reservoir street. north |
oi Beverly street. a lot on the south line
1f Ashland street. east OF Randolph
street. "a Dot ou the west line OF Ran
folrh south OF Claiborne street. lot on
The north Nne of Claiborne street. west OF
the Old Reservoir, lot on the south SIDE
,f Wlnder east OF Washington street,
and another lot in the same block TWO
more lots 100 the same block. "a lot on the
north line of Wlnder. west Of Washing
Ion street. three lots on Che north line OF
,Nfnder west of Carter street. four lots
ln the south line of Blair. west OF Wash
naton street. q lot on the north line OF
Blair. east OF Washington street. four
ofs On the north line of Blair, west OF
Washington street. TWO lots on the sOuth
irt of claiborne. west OF Randolph street,
,no lot on the north line OF Claiborne,
vest of Randolph street street; one lot
,n fhe north line OF claiborne. east of
.arfcr street. one lot on the north line
.f Claiborne. west OF Carter street one
of ON the south line of Ashland, west OF
street, one lot on the south
inc OF Ashland. east of Carter street;
me lot on the south line of Ashland. east
n Carter street. one lot on the north line
Il Ashland west OF Randolph street, one
,f ON the north line of Ashland street
asst of Washington street one lot on the
onfh line OF Kemper street east OF
street. one lot on the north
,e of Kempcr street. east OF Washing
on street. one lot on the south line OF
acoueiine. cast OF Washington street;
go lots ON the north line OF JacQGeline.
ast of Washington street two lots on
,e north line of Jacquellne, east OF car
~ efreet. one lot Of land on the north
ne of Beverly west OF Randolph street
psrt Of these lots are located In Hen
co county. but the majority Of them are
tuatcd within the city limits
OTHER REAL ESTATE
~,,,h Onc-half interest Ia the follow
Il, ,oal estate. which stands in the name
+ "a J. West~ood. -Four lots on Mar
hall between Twenty-iirst and twenty
econd streets; three new brick houses
nd lots. corner Marshall and Twenty
inth streets: one lot on Marshall and :
'hl,ty-afst street. one lot on Twenty ,
lnth, between Clay and Leigh streets; | {