Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-02-05
FAILURE OF GR0CERS.
MEssRs. WRIT Il. TAYLOR a co.
MAKE AN ASSIGNMENT.
Tho Liabilities About $4,000 aud
Assets Not Given-List of the
Creditors-Mr. Taylor Also Files
Personal Deed.

The long established wholesale grocery
house Of Writ r. Taylor q Co., located at
the northeast corner Of Eleventh and Cary
streets. failed yesterday afternoon. It's
liabilities are about $4,000 10 $4,000. but
II rs difficult to place an estimated val1a-
ton upon the assets.
The deed of assignment was fled In
the Office Of the Clerk OF the Chancery
Court about Sis O'Clock last evening. 1t
was from Writ l.. Taylor. Oliver A. Haw-
kins, and George c. Bidgood. who consi-
tute the firm, and 1t named Mr.. Phil. b.
SHIELD as trustee Accompanying the deed
were two personal deeds from Mr.. Taylor,
which were given 10 secure obligations
amounting to probably 900 or more. in
GLIDING those Of II. NJ. Shield as agent
for WHIT IL. Taylor In the drug business at
the northeast corner Of Fifth and Marshall
streets.
The first deed conveys all the stock
OF staple and fancy groceries in Writ
l.. Taylor q Co.'S storehouses, Nos. 100
and 1l02 east Cary street. the machinery
and fixtures therein. and all fireworks Of
the hrm at No. iOi5 east Cary street,
one lot of tobacco Ia J. i. Hickok d CO.'S
factory. amounting to mo pounds, seve-
ral teams and sets OF harness, aud oil
notes. due bills, bonds, open accounts,
books. ana chooses IN action Of the firm,
also, twenty shares OF pad-up STOCK 10
the Colgin Cigarette Machine Company,
and three shares of stock IN the Chamber
or Commerce building.
The trustee is given the usual powers
to take charge Of the assets OF the frm,
and dispose Of them by public or private
sale, or otherwise dispose Of them for
the benefit OF the creditors.
THE CREDITORS.
After the trustee and attorneys fees
are provided for as creditors OF the FIRST
class. the following are named:
Second Class--All salaries and wages
due employees Of the firm, and all ex-
penses incurred by employees, for WHICH
said firm Is responsible, and the following
notes held by the State Bank OF Virginia;
Note for $3.50. dated December &, 1888,
at sixty days; note for $500 payable Feb
ruary Z, 1896: and all notes discounted by
the firm at that bank which are not
paid by the makers or endorsers, who are
bound prior to said firm, when due: Sc
curity Bank OF Richmond. note for $3.50;
Hill Brothers Company, note for $3.50.
rhjrd Class--Two notes 10 Willoughby
Newton, trustee and endorsed by David
Edwards for S5ii44 and s5l6.52, and open
account due said Newton, trustee, OF SlVo.
State Bank OF Virginia, note drawn by
David Edwards for 500: Kate {. IaylOf,
note held by State Bank of Virginia as
collateral security for money due by the
firm and by Writ +. Taylor individually
5000: George X. Taylor $2Oil0
Fourth Glass;. j. Hickok q Co, seven
notes, s2i9l6 500. $3.50, S2i24S. SoliSo SSzl VI,
and s402 IS; d. s. Harwood, note Tor S-''.loi
fhe same. $3.50; George l.. Haynes, co.
Williamson Talley. three notes. sz9O.5''
s222 so. and S222. 49, all three notes beihs
signed by debtors of said firm VINO are
expected to pay the same. Ihe notes are
secured, however, TO prevent Ioss ~ ~,
Tauey. Old Dominion Building ana Loan
Association. 81 $40 and interest theieoh'
Robert ~ Smith & Co. $3.50
After payment OF the claims halneu
whatever remains IS 10 be paid out ia
tably 10 all creditors of the firm.
TWO PERSONAL DEEDS.
A personal deed was also filed by Mr..
Tavlor. transferring TO Phihp Is
Saeld. trustee. the stock OF drugs meli-
cines. etc. In the drugstore at the norm
east corner of Fifth and Marshall streets
which business has been carried on un ,,
the style of IL. Nj. SHIELD. agent for writ
T. TAYLOR This deed was given TO Sc
cure the following creditors;
Ftrst-Ieake & Carter. fees for drawing
and recording the trust commissioners
of trustee: II. w. Powell, salary, w
Second-Purcell, Ladd Co. SS5S;
Powers-Taylor Drug Company, So66.l'.
Third-All debts due by Writ Il. Taylor
arising from his ownership OF the drug /
business.
Fourth-AIl other debts due by Writ |
T.. Taylor individually, excluding such !
debts as he may owe as one of the firm
OF Writ e. Taylor & Co.
Fifth--Such OF the debts of the firm OF |
Writ f. Taylor. as he may owe after all |
the partnership property Of the firm has
been applied towards their payment |
under the two deeds which are referred |
10 elsewhere.
Another personal deed. given by Mr.. |
Taylor 10 Mr.. SHIELD as trustee, conveys |
the residence OF Mr. Taylor, No. 925 west |
Grace street. and the interest of Mr. |
TAYLOR in q tract of land on Grove road 1
in Henrlco county. on which part If the |
purchase money is still due. This instru- |
ment is intended TO secure the following |
debts:
First.-Leake & Carter for recording /
deed costs of recording the same, etc.
Second-Fye notes held by w. A. Bry- |
son. drawn by George c. Bdgood, and /
endorsed by George l.. and Sallie {. Bid |
good and Writ t. and Kate c. Taylor |
two for 81 900 each and three for 1880 /
each, making an aggregate of $500; two l
notes held by state Bank Of Virginia, |
drawn by Kate c. Taylor and endorsed |
by Writ T. Taylor. one for 5000 and one
for 800: note held by W. 5. Bowers for |
about 1920 or $500 drawn by Kate c. |
Taylor and endorsed by Writ T. Taylor
Third-Subordnate TO the payment CT |
the notes mentioned the properly con-
veyed Is to secure all individual debts
OF Mr.. Taylor, to the exclusion OF the
debts due by him as a member of the
firm OF Wiri Il. Taylor & Co.
Any unsettled claims OF the firm are
covered in the fourth class in this deed.
should the assets prove sufficient