The times. [volume] (Richmond, Va.) 1890-1903, 1897-02-27
Mr.. CHARLES L. TODD FAILS
With Liabilities Estimated al One Hun
dred and Thirty Thousand Dollars.
HIS ASSETS AT PRESENT UNKNOWs.
The Financial Troubles of the 6aliego
Mills and the Failure of Mr. Cyrus
Bossieux Cause His Assigns
ment-List of Creditors.

y
known grain and iced merchants iu inc
city. ana president of the GauesQ Mills
Company. late last nlghl hled Il ueeu VI
nsslgumout IN the Clerk ONCE OF the
ed at about $4,000. a ieW minutes prior
TO the filing OF this deed Mr.. Todd put
on record d paper conveying 10 his VIE,
Mrs. Mary y. Todd, property valued ~
$500 in consideration or her joining nun
in the nr5t mentioned deed.
Two other papers were also put on rec
ord by Mr.. Todd. one conveying 70 sutton
q Co certain rents IN payment OF drafts
aggregaUug $1,000. and the other turning
over TO Mr. Richard l.. Chenery lot OF
land with improvements, In settlement
IL is understood, Of salary due.
Tie failure of Mr.. Todd, while some
what IN the nature of a surprise, WAS yet
not wholly unexpected. IL was duc 10 thc
financial troubles of the GdllegO NILS
and the recent failure OF Mr.. cyrus BOs-
sioux While Mr. TOdd's deed OF assign
ment was an individual one yet the Cat
lego Mills plays an important part n II,
ms affairs being ineNtrlcdbly mixed WITH
those of the mills.
Whether Mr. Todd IS assets viii be suih-
cient TO cover his liabilities depends en-
tirely upon the price brought by the mill
property. Mr.. Todd being an endOfser on
the bonds OF the mill. Ills friends are
hopeful that he will pull through ms
QlMcultics, with good margin.
Captain Samuel keeester Is named as
trustee i'm the deed. and will at once pro-
ceed to wind up Mr. Todd's affairs.
PROPERTY CONVEYED.
Tho deed conveys the following real
estate:
Three lots on the south side Of Frank
lin street between Belvldcre and Henry,
with three-story brick dwelling upon each.
one lot at the corner OF Franklin and
Monroe street. upon which stand hFe
three-story brick tenement houses.
one lot At the corner Of Sixth and Clay
streets, upon which stand Two three-sl0ly
brick tenement buildings.
ono lot on Second street between clay
and Leigh, with twO-story brick house.
ono lot on Sixth street between clay
and Leigh, with wooden dwelling lnetcoh.
one lot on Marshall street between Mad
ison and Monroe. with two-story DricK
dwelling.
ono lot on the northern line of Marshall
street, with two-stOry brick dwelling u-
west Marshall street
one lot al the corner of Marshall ana
Monroe streets with brick house thereon.
one lot on Main street near Lomuaful.
SIX lots Of land having an aggregate
frontage of 2Zi feet on The southern ilNa
of Franklin street between Harrison
street and Richmond College property.
Four-ufths interest in the Basin spring
lot. corner Eleventh and Canal streets.
FOur-nfths interest in lot OF land on
Twelfth street between Canal ana h4ii,
the GallcsO Mills Company as IL cooper
Four-dfths interest in lot ON Eleventh
street between Canal and Byrd.
The following real estate in tile county
Of HcnrcO.
one acre and d quarter, known As the
Rutherford Mills lo. lne4uuliip "4. "p-
purtenanccs, especially ala water r5nl7.
The following real estate in the county
Of HanOyer
one hundred and twenty acres, known
as the Oak Lawn farm, with improve
ments thereon.
A tract of land situated in Liberty coun-
ty, Tex, containing ll0O acres
All stock of groceries, liquors. i't"'
ana other merchandise contained ln tne
sfores Nos. 49S and 43- north Sixth street
together with AN office and store INiui' =
therein. wagons and teams auie"'u
Ali the grain. hay. feed. and other
merchandise bon the ware mousse Oh ,r.l..aliit',.'
j. Todd. corner Cary ana lMel.l"
streets. with all office and store iNlNi-
uro and fixtures. All judgments, credits,
book accounts notes, bonds, ana olH,l
evidences of Indebtedness belonging 10
said Charles =. Todd. including coupon
ffpds OF the Commonwealth Clun or
Richmond. of the face value OF etu,..
which are pledged as collateral secullt9
for debt due the Union Iank OF k,c"-
n-rnd. also coupon bonds of tn8 'hl'f"
Mills C0muanv Of the face Filuc OF
sio6 cc0 which have been pledged by Mr.
Todd with the following banks ana utH.,
who now hold them First National hank
OF Richmond $50 'lu' Union ht,,N. r'''
ms Rank of Richmond 5000, Holt *
Coz Of New York. $1,000
THE CREDITORS
The creditors are divided into siN class
First Class-V. McKnnen. 500. Mrs.
L v Fellows SD, 1lis. ID. J. " elsisei
200. Mrs Mary y. Todd, eJJJol. notes
mon which 4. H. Elicit Is endorser held
bv the several banks OF the city, a6sie-
gating So 300, note drawn ny H@t.vPo
Mills Company. endorsed by cyrus Ioa- o.
.ilux. 4. l.. Todd, and Il. IA. Elicit, uHd
mon which Todd and BossicuX promised
10 hold Elicit harmless assie5dtihh
Sii 300. note for $1,000. endorsed uy Ali
:. T. Pitcher. also any bills receiNab'',
endorsed by g.. l.. Todd and udnsiefre"
10 Il. d. Elicit. for which Todd may ne
liable by reason of the nou-paymenl %.
the u4rtfcs primarily bound. ana any
other liability or indebtedness OF 4. L.
Todd 10 u. H. Elicit. however the same
may arise and be evidenced also aly
salaries or wages due the clerks or eiN-
ployos OF G. J. Todd 20 the date of she
second class-The following cl-day
notes drawn by Charles j.. layior ~
ca for the accommodation or Charlcs
TODD and bv him discounted ar sew
lr,1 ~ Tho CITY banks. For S+S %; Slif ~,
s27f a. sef2 73 SG02.3l. S3iGli, Safi IT, Si'b.li,
sg-- n slej.7s Sl2303 s2o2 aS Sl6333 So %.
notes for $3.50 and slil o. drawn Dy
Todd. payable 10 the order ot Cnarles II.
Tavlor a Co.: note for N,Sl0 drawn uy
Todd 20 the order Of the Gallego MAis
90. borrowed money due Charles 4.
Tavlor c, Co.. s20i3Z; also the IolloWlN5
drafts. drawn by Charles i. Iaylor
&. Co. TO the order OF r. H. smith ana
Casbed bv Todd. at tho Planters National
Bank shall be returned. unpaid, dfalt
on l.. Amman. WadesbOro, y. c., Sll.bJ'
an 4. Comer0n a. Co.. DuIh'' TO- -. l.'
Y3O: FLOYD Bros, salisbury. 60
Sgj.6l: same so; any other lndeoteuiis-7 ,,s
OF Todd TO Charles +. Taylor * Cor
whether included in the above or not.
THE following G)-day notes, drawn by
Todd A Jusds for the accommodation ot
charles L. Todd and discounted ~ me
various Richmond banks; n tes Tor s93A i.
$50 rs Si25.I2 s2jS.-s, S3l0.aI SIS ~,
eco 2s S3S5 o. s3-l "a. and all other la
bilities OF Charles J.. Todd TO Todd *
Tmstfs. note due Caleb Jacob for 500;
note due w. d. Ellis for 5000; ncte due
l.. b. Ellis for $40; note que II. II.
rilis 500. The AIlihiser Manufactur-
10 romnauv. note drawn by the Gailego
Misunderstanding Company. endorsed by &.
I Todd and Cyrus BOssieuX, for SJty;
Jchu Il. Powers Si5AtJ, note OF c. l..
Todd; note drawn by X. n. WAS ana
aWg0TgsQ lX 1NAllEo L. AeN-f 80 f-s5s-i
drSff drawn by Charles l.. TODD 70 j.
" Todd Tor $780, note drawn By Gallego
Ni,us Company endorsed by Todd ana
Bossieux. for s575. 80: note drawn by x.
H. wills, endorsed by Tcdd; tor SVi ~;
three tO-day notes Of {. l.. Iodd 10
George T. King for Is, S2l5.5O. ana
S5SS 5l respectively; note 10 ". j. Todd
90 500. a.. and amount due him on open
account. Nli.43; \. +. Weinberger. OF
chicago. SCS.7: Citizens Bank OF klch-
u. la fI
S326.77. ,o,,o,,... ~. %