The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-23
JAMES 7. GRAY ASSIGNS.
The Kell-BnOWu Citizen Fails With
Liabilities Placed al 500, 900.
A LIST OF THE PROPERTY CONVEYED. L..
A Great Deal of Valuable Real Estate and
Numerous Stocks and Bonds Among the
Assets, Which VIII, It Is Believed,
Cover the Liabilitle..


as a conservative and prosperous Dusi-
ness man, vice-president of the National
Bank OF Virginia, one OF the directors
OF the City Bank OF Richmond. and a
prominent member I'm numerous other in
sftuuons, yesterday filed deed OF as
signment IN the clerks office OF the
Chancery Court, naming Messrs. Gran
vile G. Valentine, Frederick > Valentine.
and James Caskie as trustees Mr.. Grays
wife. Mrs. Elizabeth L. Cray, joins in the
deco or assignment. A deed OF bargain
! ana sale from MIR. Gray to his wife was
also filed yesterday, setting forth mat
inasmuch as the latter had united with
her husband I'm the deed OF assignment,
transferring FOR the benefit OF the cfedf-
tors large amount OF property, In some
OF winch she was entitled TO a contingent
rlght or dover, ana thar Inasmuch as
Mr Gray was indebted TO Mrs. Gray TO
the amount or $5J,OOo, all the household
effects OF Mr.. Gray at No. south Firth
street, one horse AMI phaeton and car
rage. or traps, and an the share of Mr.
Gray IN the entire income hereafter
/ accruing from the estate OF his father
William Gray, deceased, except the sum
for life. 10y
The liabilities Of Mr.. Gray are estimated
/ ar SlD,uUO. ana rs expected bv rbose
familiar with Mr.. Grays affairs that the
assets Will more tnan cover his entire
inueDteuness The property conveyed
ny MI cray consists I'm the main of eight
/ valuable pieces of property. win irnnrn,-e-
/ menus, ana "a large amount of stncks
ana ana bonds. The failure Of Mr. cray
l deeply regretted by Mr.. Grav's frisr,is 'N
~, IHE PROPERTY CONVEY 80
is ae III estate conveyed by the deed
House and lot, No. south Fifth street
I IioutlhB htty feet on the west side OF
/ tlith street, between Main ana cary
streets' the present residence OF MIR.
-, A lot with Improvements thereon on
tne north side of Broad street. between
monroe and Henry streets fronting thir-
ty feet on Broad street.
] A tract of land, with improvements
/ thereon, on the south side OF CARY street
! between Thirteenth and Virginia streets.
! fronting ~ IL feet on Cary street and
/ running back gs feet to am allev.
/ A lot of land, with imDrovemcnfs there
! on, on the west side OF Pine street. be-
/ tween Beverly and Albemarle streets.
Iionuns 40 ieet on Pine street. and run
/ hlng back lt5 feet 20 am alley.
The lot Of land I'm the city. with i'm
| rrOvements thereon, In plan of Belvldere
known and numbered as Nos. as and A in
! said plan on the east side of Pine street
between China and Holly streets.
Ihe lot on land IN the city known as
sydney with the improvements there
on, fronting SD feet on Laurel street
A lot of land. with the improvements
thereon. on the east side of Laurel street.
fronting 80 feet and extending back 1f5
feet 20 am alley being the southern half
OF lot No. In square No 5. i'm Haryie's
plan.
The lot Of land in MANCHESTER owned
by James n. Gray under df..' lf ,-1Ftla-.
Der lf. 1885, from Frank ID. Iiill and John
II. Guy trustees for Hezekah G.
Archer.
Note Of the Tible and Trust Company,
OF the city OF Richmond, payable IN two
years from August H. 1891. for N4sO:
note Of same drawn August ~, 1894. pay
able three years from date H.t2Q.
Two bonds OF the Commonwealth Club
Bond of William r. Palmer for $500,
for debt OF r. g. Leigh Jr.
-Four hundred and twenty-one shares
Of the capital stock of the Sloss Iron
and steel Company.
a pald-up endowment policy Of the
Mutual Life Insurance Company. or New
York for 5000, on the life of James r.
GRAY
(Tho above securities are now pledged
as collateral for n debt Of 81. .f73f1 due
bv Mr. Grav TO Mr. William IT. Palmer
ara James r. Gray, executors Of William
Gray, deceased)
MANY SHARES or STOCK.
Fifteen shares Of the capital stock of
the National Bank of Virginia. which
stock is pledged as security for debt of
Sl.JO due by Mr. Gray 10 William II. [
Palmer and James II. Gray as executors !
OF William Gray deceased.
Twelve thousand dollars face value OF /
the second mortgage bonds of the Sloss |
Iron and Steel Company.
-Four hundred shares Of the capital |
stock of the soss Iron and Steel Com |
pany.
are pledged as collateral for a debt of |
$4,000 due by Mr. Gray 10 o.. G.. Nalen- /
tine. trustee for NJ. l.. Valentine, Jr., G.. /
q. Valentine b. y. Valentine, y. r. /
tine and j. M Nalcntine.J
Five thousand dollars face value Of /
Tennessee Midland Railway Company /
first mortg gage bonds or, trust certificates
CThe last two securities mentioned are
pledged as collateral for debt of S.,
1888 due by Mr.. Gray to the city Bank
Fiftecn thousand dollars second mort
gage bonds OF the Tennessee Midland
twenty shares Of the capital stock of
the virginia Trust Company. which is
pledged Tor a debt OF 5000 due by Mr.
Gray 10 the executors OF Mann >. Nalen-
Thirty shares of the capital stock of
the Virginia Home Insurance Company
Thirtv-three shares of the capital stock
OF the Union Land Company, of ST.
twenty shares of the capital stock Of
the Coffee Stemming Machine COMPANY
Fifty shares Of the capital stock OF tine
Great Nicaragua Canal Company.
twenty shares Of the capital stock of
the clifton Forge Mining and Develop
mcnt Company.
rive shares OF the capital stock Of the
Clifton Forge Water Company
Two shares OF the capital stock or the
United Banking and Building Company
of Richmond. , ,.
the Seattle. Lake Shore and Eastern
Railway Company. , -
Two hundred and siXty-five shares OF
the capital stock Of the southern Fer
tilizer Company.
FIFTY shares OF the capital stock OF the
Roanoke Real Estate syndicate.
Ten shares OF the capital stock or the
Abingdon development Company.
An the right title and interest OF Mr..
and Mrs Gray. or either OF them, IN
the Richmond and ST Paul Land and
Improvement Association, OF which
Nessrs. James III. DOOley, Joseph Bryan,
and = H. Mayo are trustees.
All the right and title and interest OF I
Mr.. and Mrs. Gray IN the North Birming-
ham Land Company.
An the right and title and interest OF
Mr.. and Mrs. Gray in the old Dominion
and the Duluth Land and Improvement
Association, OF which Mr.. VI. Gillian ami
others are trustees.
,Twenty-nve shares OF the capital stock
NJ the Southern Manufacturing Com
many OF Richmond, Va. One-half OF
which has been sold by James T. Gray
10 T. G.. Leigh, Jr., AT the price OF 81 80.
To be delivered to him when he shall have
paid for the same.
Ten shares Of the capital stock OF the
Va. Woolen Mills.
All the right, title, and interest Of Mr.
and Mrs Gray In the declaration OF trust
for s. OU0 in Glen Allen Park. near Wash