The times. [volume] (Richmond, Va.) 1890-1903, 1896-02-20
Mr., JAMES H. BARTON FAILS.
He Files a Deed Of Assignment viii LA
bLiiGS Placed at Sl75,O00
PROPERTY CONVEYED And CREDITORS,
The Citizens of Barton Heights Met and
Adopted Resolutions of Kegrct-Mr.
CatIin, One of the Trustees, Greatly
Surprised 1T News Of the Failure.


4 deed OF assignment was filed yester-
J day afternoon in the clerks office Of the
Henrico County Court by james II. Bar
ton and his wife, Elizabeth G. Barton.
naming William II. Miller and T.. \.
Catlin as trustees. The liabilities arc
placed az Sl75,Ooo.
The deed conveyed to the trustees about
seventy-hve lots on Barton Heights, many
OF which are improved, and considerable
other property elsewhere I'm the county
and in Brookland Park and Parton ~
Tourqureau's North avenue subdivision,
some OF which Is subject 10 prior fens'
5JO shares shares of the capital stock
Of the Brooklyn Railway and Improve
ment Company; book accounts bills,
notes due. etc, the majority OF which
/ are pledged as collateral for debts oi
the assignor, amounting in the aggregate
TO $4,000
The trustees arc to take charge Of the
property conveyed ana proceed, by safe.
! collection, or such other means, 10 realize
the same in money with such speed as
/ may be practicable and may De trNah-
/ tageous 10 the creditors. They shall nave
! power 10 sell the property, as a Wholc OF
| IN part. at tlllfl puNflt yl ilAAfttt nsli.
The creditors in each c ass shah ne
I paid i'm fui before paying anything 10
| creditors in any subsequent class, ana
81 the funds in any one class are hol
! sufficient 10 pay the debts of that class,
the creditors in that class shal DC H"iu
pro rata.
THE CREDITORS.
The nrst-ciass creditor is Mrs. Eliza
| beth o. barton, 10 whom is secured lle
Tic se.onl-class are Mrs. Julia \.
| Schultze. Sl.gyu; Mrs. Henrietta ). ochie-
! frcr 500. u. \. Lamb, Sl.DNi JOhn J..
| Rose. 5000; Miss Anie Water, 2zyvi W.
j. Todd, 500. Carneal & Davis. >ivs.i9'
| Temple. PembertCn, COrdes < Co, Slapi
FouTqurean-Price Co, S4, ;. +. ad-
| dill. $500. W. ". Wheeler SO stokes
& Dunn, S23, Gay ana Lorraine company
| $l0S; Haas * Co, S-0; JULIUS Stlass
| quand, 5000; and Pleasants x Crensha"'
Third class-R. =. Felthaus, s23l9es2;
! Joseph Heppert. 81. .7sS -; Fritz Sitterding,
| as. N =. Andrews * Co. Sl.OiO5S.
Forrest d. smith, Si.5o0; a. X. schlenter
| x CO., Sl.fS3.eS; Smith-COurtney Company
$sl.62; Semms Bradley, Slilo- D.. Ia r.:
| Rose d Co. S,iS5.Oi +. Rolen, NS3.4';
! n. A. Lamb, 81 600, II. j. Starke, N,NO,
! Richmond Perpetual Building. Loan ana
| Trust Company, s.. 200, Warner Moore a.
| Co. Ssl25O. Carneal x Davis. Na9.i0.
All other creditors are made iourth
MIR. Barton was one Of Virginia's most
| public-sprited citizens, and his failure
! viii be widely regretted IL was Do9u-
| lar belief that Mr.. Barton was one OF
! the safest investors I'm Richmond, and the
news OF his failure Will be big surprise
TO the public.
MR.. CATLIN SURPRISED.
| 1t was nearly midnight last night be-
! fore the news OF Mr.. Bar tons failure
4 leaked out. and considerable difficulty was
| experienced In confirming the report Mr.
/ j.. \. Catlin, one oi the trustees, was
| called upon by a Times reporter az MS
/ home about II o'clock, and IN reply 20
/ a question as 10 whether he cOuid give
/ any information concerning Mr Barton
/ reported failure, said that ne knew n0tn-
ing IN the world about II, ana II ne Was
/ one Of the trustees he had been made 50
I without his knowledge.
| he further said that he had not seen
! Mr.. Barton for long time pIior 70 Iuess
/ uay and that when he called ar ms OF
| nee on that day he SAID nothing ABOUT
| beng IN financial straits. ,.,- 49,
ar. Catln not ncing IN a position 10
get any information, Mr.. Waddil' c.efk
! of the County Court, was visited az ms
/ horne. and the desired Information Sc
/ cured.
Regrets of His Neighbors.
The news Of Alr. Barton's assignment
! aid moi reach Barton heights uhul laal
! e,eninp IL WAS OF course. great ana
/ nainfuI surprise for Mr. Barton holds "a
/ high place in The esteem anu coiii"e''
/ of The community which he ioundeo'
Al y o'clock, al the residence OF MI.
/ w X. Miller, some eii ''',.''5 va '.'S
/ male citizens gathered. They discussed
/ the situation very fully. Ihe sentiment OF
| those present was one Of sympathy Tor
! the entorprsing and publlc-spIlted cl'l-
/ zen whose name the town bears.
/ There was no division OF OPINION con-
/ corning the future prosperity or the peal-
/ tiful suburb The meeting was Presll a
/ over by Dir. n. II. Pitt ana i. Il. oAlus
d s.4a 4
! were made. and the following resolutions.
! offered by a committee consisting OF capt.
! O'Rannon. George a. Minor. " r. Jones,
! ana f.. n. Smith, were unanimously
adopted:
THE RESOLUTIONS.
! pcsolved ]. That We have heard with
/ nrofOund regret OF the financial misior-
| fune which mas ONertaken our friend anu
! naighbor. Mr.. James II. Barton, the
| founder of our beautiful town.
! y. We affirm our mistaken confidence 100
! t6e future prosperity OF Barton Heights.
| ". have adopted 10 ns our place OF per-
/ manout abode. we are pleased with lf,
/ and We expect 10 see IL grow stta'tis aii
/ surely. IL is now a fully organized town,
/ with churches and stores. an. street raj '-
! way. ana beautiful homes. Ne pledhe ID
! those intrusted with the interests here
| tofore in the hands or Nj. Barton olT
| hcarty cooperation I'm working ont the
! very best results.
/ present: , Al.
! n. Hoopes. W. K. Jones. c. Goodloe, J..
| j. Duggan. X. J.. Lorraine. j. D.. 81. san
! non, j. II. Harvey, y. q. keqd a.. X.
! Toml.nson. John l.. Rose. G.. u. W aS %.
L. G.. Irvine ". l.. Rasiano' r.. IL.
! Smith. a. W. Martensteen. ". ". Luck.
| r. H. Pitt, j. W. Starrett, g. \. Minor
| +. q. Robinson T.. Il. Goodwin. }. 4.
Lee. Josiah Ryland, Jr.' ana 4. IA san's'
| --a-----