The sun., 1900-11-14
W. L. STRONG & CO. DISSOLVE
RECEIVER APPOINTED TO CONTINUE
OR WIND CP BUSINESS.
Complications Have Been Caused by the Al
most Simuitineoas Deaths of tho ci-mayor
aud .. e.. Stott. Both Indors,rs o. faper
Now slaturing--t Friendly Receivershtp.

Now Slaturlrg-t frlendIy h''eiNeTs"'p'
Tho r,lson for the immediate probate of the
will OF the late william l.. Strong. when II was
filed on Monday. was apparent Yesterday wien
the executors obtained an order from Justice
Andrews OF the supreme Court appointing I'd
ward 4 Treat receiver Of the business OF W. l..
Strong A Co. the firm being dissolved on the
death of Mr. strong There were no articlcs
Of copartnershlp which provided for the con-
,inuance of the business, and by operation OF
law it was dissolved The bond of s25o.oOo
required from the executor was Immediately
given. and the receiver took charge OF the
firms affairs
The order was mnde in an action brought by
Albert r. Shattuck end Putnam Bradles strong.
executors The defendants are tho surviving
, partners OF the firm. their names being: Frank
l. Stntt, Francis IL Cabot Charles Is. lardley.
charles " Jones. Frank Nj. Kelly and John W.
Dol,on An AFFIDAVIT made by Executor Shnt-
tuck states that the firm has many thousands
Of dollars OF assets and has some deOts. the
| greater part OF which are NOT now due lhe
| firm did a dry goods and commission business
| The partuersAip existed on an oral agreement
The affidavit states that while the surviving
| meubsrs of the nrm have the right TO admins
| ter it, affairs In its dissolution they have de-
! c.inod to do 40. and "a receiver Is necessary 10
| protect its assets The interest Of the deceased
| mariner. the amount OF which Is not stated
ths a.Ldavit proceeds TO say IL now vested IN
trust in his executors BY the will all the prop
! p.rty Of th, testdtor was left To his widow Tor
| lirc with remainder over TO their children, Put
| nam Bradleo stronl; and Mrs Mary strong
| Shattuck In the action an accounting OF the
! interest Of Mr. strong Ia asked for Ihe re-
! Ceiycr is empowered to conduct the business
II II IL ioUui 10 the Interests OF thc hflh' uhu
1t, aiinirs can o. w2una Ny me r.te'Nn, r Kns
! Strong Receiver Treat sdld yesterday al'er-
he death Of ". Il. strong and the death Of
! T. L. S'otJ vno was the senior partner II the
Stott NOolsu Mills at etottville. Y, III which
tue firm OF v; T.. strons Go: wa- lar.el IN, N.
notes that were matAring, u. both, concerns
were on the paper. Therefore. for the protec-
.n @, al ts g I,sdbbe tbe y slrSnI s
| together viii the executors Of Ccl. Strony's
estate all decided that receiver ought TO We
meut OF the firms affairs, Mr.. f. q, stot
| died the day before Col. strong was buried
Ills death naturally COM ics,ed {he ',,ay..m,
| the two could be wordei ont more speedily
and better by the process of IeceiyeIshll'
! Putnam Bradlee strong isnot q member oi The
! firm, aud therefore there l. no direct family
htsse'' EoT ad.'y Ge o 10 smoy mem
that every cGort BE- bent toSari 81 eedy settle
! n,eut The receiver Will take hold Of ths
! piatter Tor the sake Of Mr.. srons and those
/ he left behind him, No man in the dry goods
( business stood higher than he did In the esti-
nation OF a large number Of re9l le In all walls
| nf life Nothing WAS too much for HIN 70 Do
| 10 help his lriends Now that he is dead. az
that his friends can do in return " 70 settle
! up his affairs In the -reedest way possible
Mr. Treat was asked the. amount OF the Ia
| l!bities and assets. out said he coul not give
az estimate until the books had been exsH;;
| incd. Asked II the firm was solvent ha said
| he could not answer that question, ms So many
Complll ations had arisen from tho death of
| Col Strong and Mr.. StOtt, both being ndorsers
on paper coming due. Of which $4,000 worth
| natures tomorrow,
In july !a7t Mr.. strong reported to Rod
streets that the firm WAS worth over sl.ooo ogO.
/ inclui,ns his personal means outside OF the
! blsiNess AID thai the business cleared about
! s.olNpl yei-. The bushes, OF the tlrIn was
! largely uigiarautced In the past two ,o-
three wears they have taken o. some new woollen
accounts whose sales they cashed at the end or
| last month This took a good deal Of money
| as they have TO sell the goods at about six
| mo, this credit They Issued some single name
Iapor. seldom having out more than ESQ 900
| wear, and their paper found ready marlst
a. low rates.