New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-05-06
4 RIG EXPORT HOUSE INSOLVENT.

THE AMERICAN TRADING SOCIETY IN THE HANDS
OF RECEIVER.
,-n .uercar Trading Society Limited, OF No.
q % "a W,lliam-st with a branch In New-Orleans.
has gone into the hands OF a receiver on proceed
inys brought by ]. Woolscy Shepard on behaif OF
the directors Simon Fatman. Louis Ranger ana
Julian Ranger for the voluntary dissolution ot the
company on the ground that IT Is insoivent. JUS
t,ce PRYOR OF the Supreme Court appointed Charles
e Leeds receiver with bond OF $l"V" Ihe
company did a general export and commission
hus,ness in cotton produce merchandise and ma
chinery all over the world but the principal part OF
the business exporting cotton 10 Europe ch'e"y
IN British spinners. II was said that the business
had become Improbable. owing TO the great rsks
N he taken losses sustained. and heavy expenses
necessary TO be incurred The liabilities amount to
s2ssO7 The nominal assets are s7Ol.sb, and the
actual assets s2i2.329 OF the assets, there are ac
counts due s25s233 OF which one-half are col!ec-
tiblc .
Among the creditors some OF whom are fully
secured are j. & W. Seligman & Co.. sOSs2l; Ma
tona Bank OF North America, $4,000; Louis
Ranger ss+5T4: Hallgarten & CO., NS'15i; Heidei-
bach, Ickelheimer & CO.. sh.sl3; Tudor Iron Works,
Ct. Louis s2oOoi; Louisiana National Bank OF New
Orleans y7Coo and Ladenburg. Thamann Co.
Si3,6A
"Rradstreet's' reports state that the company was
,ncorporated In September. 1885, with capital
stock OF 100000. and acquired the business OF Louis
Ranger & Co., Of New Orleans. and Simon Fatman,
OF Savannah The officers were Charles G. Cox:
president; Simon Fatman, Vice-presideht' ana
Julian Ranger, treasurer. The principal stock
holders are Louis. Julian and Rachel Ranger;
Simon Fatman and A. ]. r. Landauer, OF Liver
pool The order to show cause why the corpora
tion should not be Dissolved was set down Tor
August before Hugh r. Garden. referee.
EMBARRASSMENTS OF BUSINESS MEN.
bridgeport. Conn, May 5-Judge Hall. in the
Superior Court yesterday afternoon, appointed Noah
Rogers, jr. receiver for the wholesale grocery
house OF Rogers & Morford. OF this city. The part
ners Noah Rogers and George Morford represent
that the firm Is solvent and that the receivership
Is asked for In order to make a reorganization OF
the concern easier They say the liabilities are
s25 900 and the assets 100000 The receiver qualified
In SIS 900 bonds. The firm has been doing business
for about twelve years.
Columbus, Ohio. May 5.-The Columbus Packing
Company, dressed meat concern. made an assign
ment to-day to NJ. ]. ONeill No statement Is
made OF assets and liabilities, but the assets are
said 10 be In the neighborhood OF 100000
Louisville, KY, May 5.-The German-American
Title Company made an assignment this morning
COO, with assets Of $4,000. The capital stock was
900. but II was not all paid up. The failure was
caused by injudicious investments In real estate.
Plymouth, Mass, May Sin the Insolvency Court
Of the company. and Francis B. Austin OF Boston
were appointed assgnees of the Plymouth Foundry
. Company. Claims to the amount OF 10000 were
proved The liabilities are expected to amount "a
second meeting Of creditors viii be held June IN
Brocktons