New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-07-30
A. SURPRISE TO THE TRADE.
RECEIVER APPOINTED FOR r. J. DEAN
a co

p,oS.,sv.r Of the Supreme Court ycster-
ssv appointed Eugene W, Guindon receiver io' wo
Am AZ r. J. Dean Co.. storage ware"ouse 80
"a bankers whose principal once - ~ .>o. o
crcenwich-st., In a suit brought by AVN .. III
.uv and Edward ". Dean. two OF the p"'.'e' o
.ra,nst Robert J. Dean. the senior Tar.ne' III
s,..o,ut,on OF the partnership. The bond was nHeo
ct $4,000 A.. ...,..rovn
.~.ho,.emen in the city. and were lessecs Oh
about eighty buildings in various parts OF Tue cry
FOR storage purposes. principally III Oieen
wash,neton Chambers. Reade. Duane jay. peao"
North Moore and Carkson SITS Kooer. D. Dea
s,ar,ed in this line Of business IN 1879 WIN 'ne mn
80 soover e. Dean They dissolved In 1882 ana were
,.s.d bv r J. Dear & Co. The present hrm
,as formed on March ]. 1879 The articles Oh CO.
partnership provided for the appointment Oh Nooe'
7 Dean as receiver In the event OF the hrih oe'''s
A,ssoIved through the court. but IL was s.a'eu
,erday that Mr. Dean refused 10 act ana ahot"e'
receiver wa. named. II desired that receive!
be appointed Mt once. so as 10 De ao'e " a'' ~
take possession before August ].
7, was stated to the Court that the paintiHs "e'e
DESTROYS OF terminating the partnership ana nav
r,ven due notice to Mr.. Dean. They are IL %
ALLEGED the owners OF many valuable contracts 'o'
storage Of merchandise. there are large amo""'s
due the firm or about TO become due 70 mem anu
there are other assets OF which no eouitaoie az
xs,on can be made without great loss TO all parties
exccnt nv a sale or other reduction TO cash beiorc
the receiver was appointed n Judgment was en'e'eu
against the firm for sls2l7 In favor OF Amana ~.
Donally Execution issued TO Depuy-oheii"
Radlcy and he made levy at No. Sz Ireeh"c"-
st Mrs Donally, in her complaint. said 'ha' y"
Tune she had n deposit OF 1880 with the hrn' io'
which she drew a check or draft. when was Pie
..n,sd for naymcnt on the same day and was o's-
honored payment being refused. 1t was said' pc
cause ,here were not sufficient funds to pay IT, NO
part had since been paid to her The summons was
Served on the three partners on June l. ana JUG
ment was taken by default yesterday. A.. .o,,,a IN
Al the Office Of the arm no inioi ina,ioh
obtained Mr. Donally positively decnned 10 sns
ANYTHING about the natter Delos McI uruy, N.Y.. t
new for the plaintiffs declined to give any par gu
lars. He said that 1t was OF ia;u ns exnressed
in the trade when the news OF the recelVetshLP u
came known. The firm did an extensive pusine go
which generally supposed 10 De prCn,nou o INC
advances on goods stored but In order 10 90 Inls
II is said that the firm had to borrow iargeE ~
some time past II is said that the hrms paper nus
not found a ready sale and some Danks Wiz, ,as
have been low for the last few years. anc compe"-
Among the buildings leased by the firm Is the ola
Erie building in the block bounded by WeM Mosm a
fsm the city and subet TO produce dealers pr IL
lilly Robert J. Dean. the senior par We
president Of the Donally Manufacturing Sompans.;
manufacturers Of bottling machinery wnich me nr
into the hands OF a receiver. Andrew Mckinney! OF
June last and II said that the compan! W. A.
him $50 900 Two years ago Mr.: Dean IL is saio' uo
clared he was worth over s5OO0N , ~.
Mr.. Guindon. the receiver is me pf~e Ia a. was
said he had gone out of town until MONDAY W i''
summer home near Long Branch.