New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-09
LOCAL BUSINESS COMPLICATIONS.

MEMBERS or A PRODUCE FIRM ABANDON THEIR
STORE AND CREDITORS
Denu,v Sheriff Mulvaney yesterday took posses
sion OF the store Of +. !. Sage * Son. produce COM
mission merchants. at No ls3 Reade-st, on two at
tachments one for $3.50 in Of 3D. Franklin Hart
and the other for ;56l in favor OF Lucca Co They
were obtained on the allegation that the members OF
the firm had left the State with intent TO derraud
their creditors The partners are Franklin l. and
Charles f Sage They were very accommodating
before they went away. as they left the safe door
open and the key OF the inside safe door. so that
the Sheriff could get in easily but nothing was
found in the safe. Only little stock was left In tho
store The members Of the firm were seen for the
last time al the store when they closed up on
Wednesday at p m. Ii is believed that they have
gone to Connecticut. II is said that on Wednesday
one OF their clerks got three checks cashed for the
firm, and handed the proceeds 10 +. |. Sage. and
that a Warren-st merchant has a check of the
firm for $500 which was returned mo good" on
Thursday In affidavit on behalf OF one Of tho
attaching creditors It is averred that the firm 10
heavily indebted 10 various persons for goods re-
ceved consignment, and also for merchandise
purchased on credit. which have been disposed Of.
The firm. II is alleged had accounts in number Of
banks, some in other cities. where they bought
produce and fruits. A number of mutilated check
books It is said have been found in the store but
appeared all the deposits had been checked out
but some OF the creditors would be surprised X
the liabilities reach $4,000 10 $4,000 when all the
country districts heard from.
Charles T.. Cheney and Augustus T. Preyer COM
posing the firm Of Cheney n Preyer constructors Of
structural ironwork. with an office at No 81
Fourth-ave.. made an assignment YESTERDAY 10 El-
lott Smith giving preference 10 Cathar!ne Preyer
for $500 80 ...,.o, -,
execution for S2.9i2 against Mary burgess. wife Ok
Nel burgess. the actor. in favor OF Louis Cohen q
I{rot hers she having guaranteed the interest on
mortgage OF $4,000. made by MIR Burgess when he
rnnrcbased the Fourth Presbyterian Church prop
ertv. No ll6 to l2o West Thrty-fourth-st. IN No
ya,nher 1894 The purchase price. IL was said at
me time. was $4,000. subject to three MORTGAGES
~ s9So 900 one Of the mortgages, FOR $4,000. was
sarscIosed and the property was sold at auction on
October last for sa,So
49, schedules of Charles Kruse. dealer In sewing
inhines at No ia East Fourteenth-st and No.
a n co nd St show Liabilities &l222 nominal
80 ss5 O72 actual assets. tlt65 o. the nominal
sa, s.5 100 is stock In the kruse & Murphy Manu-
Saac,rTinc Company which is pledged for loans.
Ia ne schedules Of Morris Enrich. manufacturer Of
ardv nj No IA Ludlowst.. show: Liabilities.
s,o Ss9. nominal assets $685.: actual assets, 1851
Tihe Sheriff yesterday received execution for
,,o o13 against William Campbell K Co. manufactu-
rsrs Of cotton goods at No. 50 Whte-st.. who failed
Two months ago. in favor of the Central National
rank which discounted a note Of the firm. judg-
n,ent was also entered against the firm for DAB In
favor Of H. C. Bennett & Co on note