Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-02-28
AFFAIRS IN A TANGLE
MT. BartOn'S Business Matters Found 10
Be Very Much InYOlYpd.
RECEIPTS GIVEN FOR NOTES PAID.
An Inquiry Indicating Tint Certain
publications. May Have To He met
=. scco,J Timc-Nr. Barton on 81
visit North.
visit North

! liessrs. j.. 4. Catlin and W. Il. Mill
lar. trustees and receivers for MT. james
IL Barton, the founder OF barton
Heights who recently failed for a very
larne sum. nave not been able as yet
70 complete the inventory OF the as
sfruor's assets. nor 10 ascertain 'he iu'i
exteot of mis- liabilities; but their ihVes-
iration has shown that Mr.. Barton
affairs are greatly involved ana con'pH-
Gated
Tbis Is due. i'm "A measure, at least 70
,,. great number and variety of trans
ac,ious had between MIR. Barton anu
those vii, had acquired homes CT pun
chased lots on the Heights. MOST oi
these purchases were made upon an III
staIment plan. somewhat ike that u
tho buidiug-fund associations and' therc-
fore comparatiyely few houses ana Io'S
have been entirely paid ior. The nuI-
tpl'ty Of small notes given 10y 'hos'
who have bought. and the correspohu-
ing amount OF paper given py M ""i ..
Ion AS security for loans negotiated nS
him. help to make the state o. d'''''9
more complex.
INQUIRY As TO NOTES.
Tho tangled condition of affairs has
,,iven rise 10 a good deal of excite
,oent on the part oi those owning pro
rerty at Barton Heights which u not
tpi.y paid for. and for which clear detds
nave not yet been received. In the
uutlic meeting Of citizens held there last
SATURDAY night AN inquiry Wda Hi't'
which has occasioned considerable com
ment since. one of the proper ty-"o''-
ers. on this occasion. asked the trustees
if persons who had purchased properly
and iu paying matured notes haI P"'n
the money To Mr Barton, ana tdh. %
his receipt. but hal not gotten the
notes would now have 10 pay these
again The reply was that such Would
le the case IL IS this complication
that has given a number Of residents OF
the H.iclts concern. How many such
cases there are is not known.
Mr. Barton left early Tuesday morn
ing on the north-bound train, ana
could not bee ascertained yesterday
vher. be now IS or when he is expected
IN return. Those connected with the
rr,uaerfu,nt of his affairs were as ret-
cont ON this point as on others touching
matters in their hands. Mr.. Barton re-
turned 10 the city Sunday evening from a
brief triu. and on Monday had long
c9ufei.r with his counsel IL mas beeh
suggested by some Of those associated
with him that he went 10 New Jersey.
where he is said To- have Influential
family connections. or 10 New York
with view 90 raising money to help
s:raiehten ont his matters here
FINANCIAL FRIENDS.
Mr. ~. 4. Lamb. who was formerly Mr..
E,rtou's partner TN his Henrico land
transactions. and MI Henry Wood, OF
Philadelphia. who has had large busi-
ness dealings with him. We're at Barton
Heights yesterday. but left for New
York on the afternoon train. and IL may
be- that they viii meet him there and
lend him their aid in making financial
ARRANGEMENTS. II viii be remembered
that Mr.. Barton in his assignment con
yeye1 valuable Long Island property 10
help secure his creii ris here. after pay
ing the unpaid balance of the purchase
money.
The actuaI liabilities given in Mr.. Bar
toms deed were $1,000. and in addition
TO these il was asserted that he mad out
notes to the amount of $1,000. which.
however. were secured 10y other collateral.
u is now believed that the indebtedness
will foot up much more than was at first
supposed. II is said that some OF those
who were preferred hold. other claims.
for the payment OF which no provision
was made i'm the deed.
ALL ARE VERY RETGCENT.
INT. as stated above. the inventory has
not been completed. and those who are
IN a position 20 know anything are very
rrticent MessrS. Cdbell and Miller said
last night that ID were not In q posi-
ZION TO make any statement as yet. and
their counsel also declined 10 discuss me
subject Mr.. Miller was shown a pub
I.hed statement. which. referring 20 him,
said: He admitted. however,, that many
of the residents at Barton Heights who
were buying their houses on the install
mcnt plan. had produced receipts for notes
which had not been turned over 90 them.
and that the affairs were much mixed al
present" The trustee politely refused Co
De drawn out at all.
Many Of the Barton Heights people have
visited the county courthouse In the last
fsw days 10 look into the records 10 see
how their property stands, and some of
them have manifested anxiety Some
sixty or more of the deeds % houses and
,ot4 were fled the same day that the as
signmcnt was made, but all OF them a
" hours before that paper was recorded.
There have been only "a few transfers
since.
The people feel sanguine as to the fu-
ure Of the Heights. and concern mani
f.sted IS as to probable personal losses.