The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-04-08
RECEIVER FOR BIG CONCERN.
ATLANTA COMPANY IN HANDS OF
UNITED STATES COURT.

o. a. smith * Co. Had Been Doing
Business There for Twenty Years
Their Liabilities said 10 BE $500
OOO-FuItOn Club Entertained Ba-
con and CIny-OnIy one Regimen
to Go TO AtInnta-MayO and COun-
ell of 81. MnrY's.
Atlanta. April The firm of O. A. Smith
& Co. fertilizer material manufacturer
and gravel roof makers, was to-day placed
In the hands of T. D. Meador, as receiV-
er. by order Of Judge W. T. Newman, pre-
siding in the United States Court.
Bankruptcy proceedings were begun
against the company yesterday. II is al
legged that the liabilities of the company
will amount to $4,000, the claims upon
which the proceedings Were instituted
amounting TO approximately 5000
1t is understood that the firm lost heavi-
ly year ago in the Moody Brewster
failure, that concern being in debt TO
Smith & Co. at the time of its collapse
to the amount of so, 00O No inventory of
the assets has yet been made but it is con
coded that there viii be a very consider
able discrepancy between the assets ana
the liabilities.
The Lowry Banking Company, The At
lanta National Bank. and the Atlanta
Guano Company, are the plaintiffs in the
action. They are practically unsecured.
1t is claimed that the Smith company
has committed several acts of bankrupt
cy. among them the delivery of certain
goods TO the Florida Engineering Com
pany. while in an insolvent condition.
O. A Smith & Co have been doing bus
mess in this city for twenty years. Four
years ago a new plant was erected on
the Western and Atlantic road outside the
,ity and $4,000 in bonds issued 10 develop
The business.
Bacon and Clay Entertained.
United States Senatorh A o. Bacon and
A. S. Clay with Congressman Lon Living
ston were the guests of honor at an in
formal banquet given by the Fulton Club
tonight.
In additionp to the members of the club,
which carries on its rolls a large list of
politicians and public men resident in vari-
Gus parts of the state, there were present
many well known people. Both Senator
Bacon and Congressman Livingston made
talks. Senator Bacon speaking on the sub
ject of the Philippines
The occasion was strictly informal how
ever, and the speeches were in keeping
with the occasion.
To Get Only One Regiment.
One lonesome regiment, the Third En-
gineers. is at last to be ordered to Allan
ia, after all the wire pulling and pilgrim
ages that have been INDUCED ia by the
city fathers and "Bigwigs" generally.
Before Secretary Alger left Savannah
for the shores of Cuba, two weeks ago,
taking along Col w. A. Hemphll, the
leader of the committee appointed to get
Atlanta in line for troops, il was announc-
ed that a brigade would be moving this
way in less than no time But the fates
seem 10 be against Atlanta this time, and
now instead of the pretended brigade or
division the town must be satisfied with
regiment stationed at Fort Mcpherson
Gen. Carpenter, who Is 10 be in com
mand during the stay of the Third En-
glneers at the post. arrived last night and
Went out to see his new station to-day.
Some Improvements viii have to be made
at the post before the regiment comes,
and Il is not known exactly when the NOV
ing orders will be given. 1t may be that
even this lone regiment may be lost in the
shuttle
Officers of st. Mary's.
Gov. Gambler to-day, under the act in
cooperating the town of ST. Marys. APP
pointed John Richardson Mayor. and d.
J. Long, l. NJ. Nocelle, H. L. Long j. r.
Bachlott and d. c. Laterling, aldermen of
St. Marys, They will hold these Offices
one year from the second Monday in April,
1899.