The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-09-13
is ADJUDGED A BANKRUPT.
II. w. HAMMOND OF JosSELYN THE
FIRST IN THIS DISTRICT.

The Bankrupfs Petition voluntary.
owes Many People and savannah
inns Are Among the Number-As-
sets Are Far Exceeded by the Liza
biIities-Referee MacDOneH Knows
of Others who VIII PetitiOn-They
Are Awaiting the supreme Courts
Action on the Rules and Forms.
r. W. Hammond of Josselyn, Liberty
county, was adjudged a bankrupt yester-
day by Judge A. II. MacDoneIl, referee
in bankruptcy. This is the first adjudica-
ton that has been given by Judge Mac
DoneE The petition Of Mr. Hammond was,
in fact, the only one that has been lodged
within the jurisdiction Of Referee Mac
DoneH. This was filed Sept. Z.
A number Of Savannah people are caught
by the first Bankruptcy that has been de-
clared by the court The liabilities shown
by the papers in the case are rather heavy
while the assets are correspondingly light
The petitioner, Mr.. Hammond, keeps a
general store at Josselyn, and is also ma
val stores operator. The finding of the
court was as follows:
l. AIlt duutTSigHeus u referee III Ddnk-
ruptcy, upon good proof before me taken,
do find that the said r. w. Hammond has
become a bankrupt within the true intent
and meaning of the act of Congress- enti-
tied ian act to establish a uniform sys-
TEN of bankruptcy throughout the United
States" approved july I, 1898, and 1 do
hereby declare and adjudge him a bank
I
in bankruptcy"
A meeting of all the creditors of the
bankrupt will be held at Judge MacDon
els office on oct. u, when, according to
the act establishing the uniform bank
ruptcy law, they will elect a trustee to
whom all the assets Of Mr.. Hammond will
be transferred, thereafter TO be divided
among the creditors.
The creditors named in Hammond's
petition, recently filed in the United States
Court, are A. Sonnenberg & Co., 1925 Is;
J. ID. Weed e. Co. $312.94 James S. Silva,
$52.S5; John H. Fox, 1920; Falk Clothing
Company, $780, Solomons & Co.. $1460;
Ljppman Bros, $101.26; A. B. Girardeau,
$l093; The Speciality Company, $34 50; Fret
well & Nichols, $21 20; Standard Oil Com
pany, $3.50; Edward Lovells Sons, 1894 O5;
Lloyd Adams, $685. Dryfus & Rich.
S74SO; Lowell & baltimore, $7595; w. B.
Nell & Co, Sl6.45; 1. Epstein & Bro, 81
HOS; Joseph Rosenheim & Co. 81 ,03245;
Dale, Dixon & Co, $171; Lindsay &
Morgan, $90.55; ]. T. Shup-
trine. $3.50; Savannah Grocery
Company, $3,O23.27; J. r. Einsten,
$SS3.47; NJ. Fersts Sons & Co, $685.. p: DR.,
: G. Parsons, $251; Guckenheimer & Son,
$lS9.0l; Conner, Hull & Co. $24567; Savan-
nah Steam Bakery Company. s19575; An
drew Hanley, S11Z65; Solomon SheftaIl.
1882; Appel & schaul $1S44: Meinhard
Bros. & Co, $2,95S,O5 Haynes & Elton.
$61911
The assets of Mr.. Hammond consist of
notes, according to his affidavit aggregat-
ing $500
Those who contemplate taking advant-
age of the new bankruptcy law will have
until after Nov. l to do so solely by their
own free will After that date they NAV
not necessarily enter into the thing volun-
tariIy, for their creditors can then force
them into it. provision of the act rem
ders bankruptcy voluntary alone up to the
time named. Judge MacDonell saws he
KNOWS of cases in which prospective Pc
tttoners for adjudication of baDkruntcy
are only awaiting the action of the Su-
preme Court in naming forms and rules
10 be Observed This, he says is not es-
sential, as the initiatory proceedings are
not the most important. Judge Speer has
allowed the forms and rules of the dis
trict court to be employed so far as prac-
ucable, pending the action of the Supreme
Court which has not been in session since
the passage of the act