The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1899-01-13
Business 7nulls Results From
IIlsluys Trade.
mAklnc IaeustRs At Loss
Measiros a Decker Creditors ana
Observation-Disclosures OF FIRST
New York Tho Blow.
Cfrom Wednesday, Daily

The first Honolulu business failure OF
the year went on record yesterday
strangely enough Il was due directly
to causes that have been Of great and
pronounced benefit 10 many tradesmen
OF the city-the visit OF the First New
York Regiment, L. S. ", which was
stationed here several months. The
boys have trousers In their possession
and failed 90 pay the Island tailor bill
for the same. The trousers are Of
white duck and cannot be worn Till the
middle OF next summer.
LYMAN Bros, the Queen street
wholesalers and rice factors. have pc
titionad to have the tailoring and fur
nishing goods firm OF Medeiros 4
Decker, Lincoln Block. King street.
thrown into involuntary bankruptcy.
Judge Stanley signed AN order yester-
day and there will be a hearing In ten
days OF so. The business is the prop
erty OF Mr.. Decker, he having pur-
chased the Mederios interest in Noyem-
Der last.
On Monday Of this week Mr.. Decker,
feeling that he was In deep water in
business way, called meeting OF his
creditors. The session was held at the
law offices OF Humphreys a. Gear. a
full statement was made and there was
an examination OF accounts. On con
sultation of the creditors committee
consisting of Messrs. Schmidt
Schweitzer and COIN was appointed To
look over the store and to investigate
the book assets. Adjournment was
then taken to yesterday morning, with,
IL Is said, the general feeling that Mr..
Decker would be able to go ahead re-
gardless OF nice white trousers for New
Workers II he was given some leeway.
At the second convention Of the cred
itors IL was reported that the liabili-
ties were 90 800 and the assets 5000.
Some OF the merchants were inclined
to favor the plea of Mr.. Decker that
| he he given time and he allowed 20
secure better business location and
try and work his way out. He says his
present place is very much out Of the
way since the soldiers departed. How
ever the suit was instituted for $3.50,
the balance due Lyman Bros, and the
matter acted upon at once Soon there
was a policeman in charge and the
place will be in the custody Of Marshal
Brown till a settlement is effected to
the satisfaction OF all claimants so far
as the assets are capable OF giving sat
isfaction. Mr.. Decker says that at
Least three of his creditors were willing
1 hi trty o ha.h aSlig
ruptcy.
Mr.. Decker, in an interview yester-
day, told an interesting story of his
undoing by the gallant First from the
Empire State. He made for the COM
mand altogether 1000 pairs Of trousers,
using for the purpose 5000 yards OF
ducking and the necessary buckles,
muslin and buttons. The price was 81
pair. Pay was received for ZOO pairs
OF the requisites II had a guarantee"
says Mr.. Decker, that was good
enough for the average business man.
The men individually owe me nothing
My claims all run to the commanding
officers OF the companies. Each captain,
or where there was no captain In
charge. first or second lieutenant, en-
gagged to see that ! was paid in full.
Captains Sague OF X and Pickett of 4,
were able to get my money for me.
None OF the Others did what they said
they would, though ] have nothing to
say against their honesty or intent.
The men incurred many debts about
town and by the time my turn came
their pay was all gone In a good many
cases. Then 1t was a matter OF till
next pay day Well, five OF the COM
panies went away without having any
next pay day They left on the 10th
, OF the month and pay day was week
or so of. ! am firmly OF the belief that
| will get all OF this money, or rather
that my creditors will get 1t, for the
very last thing each commanding Off
Ger OF a company said to me was that
he would make the collections as he
, had promised and that the money
would be forwarded by New York
draft. / shall expect the drafts soon
after the regiment Is mustered out.
, was fooled in one thing. had 1t on
the authority OF the Colonel himself
that the Regiment would be here till
May next. That would have been a
great thing for me. | was in line for
making money out of the command
, Col. Barber spoke with sympathy for
me when he was leaving and said he
had really expected to be here till
spring, explaining that 1t had been
, thought 1t would be dangerous to take
the men from this warm climate to the
winter weather OF New York. But he
and the rest of them wanted to get
!, away and that's none OF my business.
I'm sorry this thing has happened, but
| will Ia tn1
more soldiers come along will be on
hand to make clothes for them. The
trousers made for the New York boys
Will be worn there this coming summer
and will set the style. That's what
they told me-"
i Mr.. Decker Is very well known in