The times. [volume] (Richmond, Va.) 1890-1903, 1897-05-05
THOMAS NEAL JR., ASSIGNS
His Liabilities Given in as Amounting
to SiSS,OOO.
GLL REAL AND PERSONAL PROPERTY
Conveyed to Col. 10 Lane Stern as Trustee
Creditors Divided Into -Four Glasses.
CcneiaI Depression the Cause
of the Failure.


ID. Ncal. Jr., and his wife. conveying
of his real and personal property. 10
BE- used for the payment OF debts due
by him. The liabilities are Slss.00o.
The cause eiVen Tor the assignment Is
shc lous-continucd business DEPRESSION
and the consequent inability 10 realize
on assets promptly.
REAL PROPERTY.
The real property conveyed was do
follows.
L. a lot. with an the improvements
situated thereon. situated in the cily Oh
Eicnmond. on the north side Of Nam
street. between Fourth and tiith streets
and an ALLEY" iu the rear. rms Us SUD-
iect 40 tho lien of deed of trust from
Afr Neal and wiia TO +. ID. Hill, trustee
made June l6. 1888. TO secure So,NV'
part of which has been paid.
A lot in Richmond on the south
SIDE of Main street. between fouShec
and Adams streets, with the I'M
movements thereon. This IS supJec' 10
the liens of two deeds of trust. one Gov
erinr a part of the property. mace june
"a 1850. 10 Bowc q Crensna"' trustees,
to secure payment Of Sli5i, "a part OF
which has been paid. and another deed
covering the whole Of the property, ma"e
10 S. 4. Woisigcr, June q, 1885, to secure
a lot. with all the improvements
,on.iqtinc partly of three brick tenemenis
houses. in the city of Richmond. ING
houses are numbered so2 mi. and ~o
1Iovd avenue. This conveyance IS made
snhi.ct to the liens of three deeds oil
frust. made TO n. W. Bowc trustee an
dafcd July 20. lsg2. 20 secure the payment
an S. eiO each. part Of which has been
paid. ~.
ginia street near cary. IHlS 'u.I',
ance is subject 10 the lien OF am annuity
~ reni charge OF N.loo per annum
,harrcd uuon tho property under an
..,r.o.nenf made August ]. 1882 with Mary
Thomas Williams.
.r,. fruste, is instructed 20 set apart
au goods low in the warcnou'e whlcn
had been received on consignment anu
hold n subject 10 the orders oil TIE le-
fpective owners. ...,.
PERSONAL PROPERTY.
The decd sets forth that Ihomas -
Seal. Jr.. had in the course or ms puSl-
ness purchased various lots and parcels
of tobacco which he las stored In ms
own and other warehouses On TINS ne
b.. issued warehouse receipts which he
1.. av,ofhc,atod with various perst rs
AVID ,orporations. His interest m saia
fohr..o srd receipts is conveyed 10 the
trustee subicct however, TO the rights OF
fte holders thereon.
other personal property conveyed is as
follows:
,u hie warehouse and office fixtures and
furniture. an bonds bills. notes. stocks
hook accounts ard other chooses In action
and debts of every character and any ana
nu personal md real property OF What-
over nature and NhcresOcVer situated eN-
cent hi- household and kitchen furniture
most n not am of which ls ln ms resi-
don,e 90 $50. lN east Main street
1nr conveyance If personal property IS
mado subject Z, prior lion 10 secure
fho NireirN Trust Companv the sum OF
$4,000 and the National Bank OF Nir-
aina. $3.50. oh all tne interests OF MI
Neal n ,clf tobacco bon Wilson. y. G.. The
conveyance is further subject 10 any
and aU valid liens thereon. the deed eX-
rressine an that are know D.
pEEFERRED CREDITORS
After providing for AN the expenses
Of settling up the property The debts are
named Boo their order O. priority which
follows.
out of the net proceeds OF an Of tho
real property ON Main street ana Floyd
avenue aud me rlsh. title and interest
of SIR Neal in the tobacco and tobacco
warehouse receipts and after the payment
of all prior liens thereon. the trustee Is
directed 10 pay pro rata the following
debts
no the holder Of the obligations just
herein below mentioned the payment of
the sum OF ,5 0oU evidenced by q certain
written OBLIGATION signed and scaled hy
the said Thomas j.. Neal Jr., dated
March g. 1897. payable on Oomond without
interest 40 the said James \. Bovd or or
der at the Planters National Bank of
Richmond Va. being for money loaned.
o. TO thc holder of the obligation just
herein below mentioned the payment of
th. SUM OF $500 evidenced by q certain
writers oblllation signcd and sealed
by ths said Thomas u. Neal, Jr., for the
account dated March g. 1886, and payable
or demand without interest TO- w. g..
Ncaie or or. .r at the said bank being
likewise i0r money loaned.
ont of the proceeds of the sale ot
Meals ehouer after iuc payment of
AN prior N.rs thc trustee is instructed
10 pay prow'1 the folio wing two debts:
Two notes both dated December 10,
f>t made hv rh1mls D. Neal Jr en-.
dofsa1 hr and payable 10 the order Of
j. a. N..l ono for 5000 and the other
lor $4,000. nd also any renewals thereof
rhc remaining debts are classified as
follows.
FIRST CLASS
First ciaes-Au debts OF Thomas ID
Nefl. Jr. i'r which Va. G. Ntal has in
ang nWnnr become Cnligltcd whether
as Huai4ufor surety or maker OF which
Tho following aro believed To ho the only
debts contracted in th' namc of ". g.
Nenl the lolecis of which arc however.
believed f0 le nily protected by c0uator-
~ security belonging 20 Thomas u. Neal
Jr, viz.
Demand note made by w. c. Neal for
f1D't aafel april is. l,s0. subject to
credit OF .ietO
A note mae hy ". G. Neal January IT,
1s9. Tor $1,000. subject 90 credit Tor
&3.2i. note hy ". O.. Neal. made
April J. 1851 for s.Io subject 10 "a creait
90 so, demand note made hv w. e..
Neal Ap1l g. i47 Tor 2.1o1: an over
drafs anl due-bl!s due lv tho said
Thomas -. Neal. Ir.. 20 the Planters
National Bank and The Virginia Trus,
Company
AN outcecs dre or 70 become due by
Thomas D. NeaL Jr., on tobacco sold
TO be cohvered free.
A dral drawn by Dance. Williams
& CO. on and accepted by Thomas a.
Neal Jr. dated March t. lk97 al sixty
days Tor sii5.N.
ANY balance due +. s. Carlton by
Thomns q. Neal Jr., on settlement OF