New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-08-04
LOCAL BUSINESS COMPLICATIONS.

The II. s. Strauss Company. manufacturers Of
corsets. whose Office is at No. ass Broadway this
city. and factory at Newark. y. j.. Is IN financial
difficulties and Judge Kirkpatrick OF the Federal
Court for the Third Circuit OF New-Jersey. has
appointed owen F. Conlon. Of Newark. receiver Of
the company. the application OF Colt & Howell
Platzek. Stroock & Herzog OF this city. attorneys
for the company. said that the actual assets
fully equal TO the liabilities. which are about $1,000
The assets consist of large stock OF manufactured
corsets. goods In process OF manufacture. raw ma
terials. outstanding accounts and valuable ma
chinery and fixtures. All the assets OF the com
pany are In Newark. and are now In possession OF
the receiver. The order appointing the receiver
the company. Mr. Platzek stated that he had no
doubt that the creditors OF the company Will re-
corporation. no preferences or priority have been
or can be made enectualiy and The proceeds OF the
plant must be distributed equally under the law.
The OF the trouble is due 10 inability to have
mauring paper d e" coe 20 sceon;s
promptly The corporation. IT Is SAID intenas 20
tended to wind up and liqudate the affairs OF the
company. The president Of the company Is Henry
both OF whom formerly composed the ffrm Of n. &
s strauss which was in business in this city for
Stwenty yedes ne laws on March p 1895 with
capital stock of 10000. and succeeded to the ousi-
walter r. Simpson. doing business as Stevens.
Simpson & Co.. fruit commission merchant. at No.
%, WESTINGHOUSE made an assignment yesterday
TO John c. I-asee OF Clifton Park Saratoga County.
giving preferences Henrietta Simpson. 1913. and
Anne Rnyborn 500 The business was started on
Nav l. 1892 by Stevens, Simpson Co. VINO DIS
solved on May !, 1915. the Messrs. stevens retring
from the firm. Since then It mas been carried on
x sEhe 0s claimed ' cspi,a1 OF 5000 Mr. SIMPSON
sides in Newark For some time past business mas
been reported dull and payments SLOW
An order was nled here yesterday, made by Judge
Chester OF Rensselaer, County y. y, appointing
Iohn F. Manson receiver in supplementary pro-
cocdlngs for George II. Tilden, the application
NJ Rarent w Striker, OF Castleton- e-ifuhso'
Il was stated In the order that Mr.. Illden cannot
with reasonable diligence be touno "i'nin INC "'"'e
Denu.v- Sheriff Radley has seized the canal boat
Ontario. at Broad-st. and the East River on an
execution from Kings County for 2N against Mary
shannon in favor Of Hugh J. Iioehn. The Snerli
fnInd a lot OF tramps board OF the ooat anu
put a keeper In charge or H.
DencIencv Judgment for 1884 WIS docketed yes
,ersav against Harris Fordinsky. in favor OF Will
tam Herr growing out Of the foreclosure sale OF
Nos IS and 20 East One-hundred-
which proner,y was sold on Tuesday at auction ior
90 nver mortgages of $4,000. The buildings IN
course OF erection on the property colspseor on
Nav "a last and several lives were lost. MI fo'-
dirsky WAS the owner or Inc property
Don,tv.sber,r Strauss received an attachment
o,,araav AGAINST Edward l.. Finch. exporter and
oo,,,,,ss,oc merchant in the Produce Exchange
Ruudinr. for ss.455 In favor OF John j IowhSehu
and Clarence A. Cook receivers OF ne Pa,Ipo s
Worufacturing Company. OF Nc"-Bedforn; aiu h'
FOR balance due for plated ware 500 IN
~ ground that he resides at Plainhed, n J. ne
was formerly OF l.. K Finchs Sons