The evening times., 1900-03-22
D. APPLETON & co. FAIL.
The PubIiShinE House in the Hands
of Receiver.

NEW YORK March 22.-Justice Bisch-
off. Of the Supreme Court, today appointed
J. Hampden Dougherty, receiver for D
Appleton & Co.. publishers, on the appli-
cation Of Daniel Pritchard, a stakeholder
who holds 100 shares Of stock of the cor
poration, for outstanding accounts and
money in bank. Tho bond Of the receiver
was fixed at $l5o. 600. The company was
incorporated in 1897 with capital stock
OF 81. 600 600. Charles f. Lydecker. Of 12O
Broadway, is the attorney for the peti-
TONER
The eosapany has issued the following
statements
New York. March p 1900.
To the creditors Of ID. Appleton & Co.:
Gentlemen: For thfee-fourths Of a cen
tury the house Of Appleton & Co. has con-
tinued without interruption or default
With growing reputation. morited. We
trust the house legitimately has extended
It's interests until its position in the pub
fishing world is hrmly established. and
also is. We are cmbodened to believe.
highly esteemed.
These statements measure the pain
with which we announce TO you the sus-
pension Of our personal operation Of the
business which three generations OF our
family have uninterruptedly and success
fully pursued
AT the request Of creditors represent
ing a large amount Of Indebtedness OF ID.
Appleton 4 Co, the undersigned have con-
sented TO act as a reorganization COM
mittce 10 prepare and submit 10 the cred
itor- plan Of reorganization.
The committee has rapidly made an ex-
animation Of the affairs of the company
and is fully impressed with the substantial
-f ne Of I.
committee by the corporation aud Of the
rectitute Of its business methods. The
courts have appointed Mr.. j. Hampden
DOugherty as receiver OF the corporation
with power to continue the business until
the further order Of court.
Above all personal considerations is our
anxiety TO discharge our Indebtedness. To
this duty we shall devote ourselves unre-
mittingly and We feel confident that with
your encouragement we shall be able 10
fulfill not only our duty 10 you but our
ambition as well
"Bespeaking your consideration and
helpful cooperation in the readjustment
and permanent re-establishment Of the
business. We are. yours. respectfully.
ID. APPLETON 4 CO"
The publishing house OF ID. Appleton &
Co. is one of the oldest and mcsl prumi-
nent IN this country The founder OF the
concern was Daniel Appleton. who came TO
New York from Hsverhill, Mass. In 1875
and engaged in the dry goods business He
began importing books with dry goods his
book trade grew and eventually was placed
IN charge cf his son William n. Apple ton
William II. Appleton was for many years
the head OF the house. He did not retire
from active participation in its affairs un-
til about 1889. lie became a member OF
the hrm in lS3S. Ten years later his
father retired. His three brothers. Daniel
s, George s. and samuel Francis Apple
ton, joIncG him IA the firm. Daniel :.
and Georse :. Appleton died in 1878 Sam
uel Appleton died in 1883 and William II.
Appleton died last fan ~ an advanced sge.
He had retired from active business about
nye years sgo.
The liabilities are said TO be sl100 900;
assets not given.