Akron daily Democrat. [volume] (Akron, Ohio) 1892-1902, 1900-03-05
SEIBERLING
Offers a Settlement.
Will Pay Creditors Two
Per Cent on Claims.
Debts Aggregate a Million
Dollars.
CARRIER Case Will be Called
Again April 3.
Many Default Judgments Taken
Court House News.

NUuTt 1UuSC VcWS'
A settlement of the Seiberling It'll
| cation, is In sight. II negotiations,
which are now in progress, are success
ful, all of the cases against john +.
Scibcrling will be dropped.
Judge n. ID Tlbbnls, representing Mr..
Sciberling's interests, has written to
the many creditors offering to compro-
mise the claims they hold against his
client
Thc terms proposed are said TO be the
best that the creditors can expect. IL
Is clnlmed that they will gain nothing
by carrying on the litigation which
has been In progress for so long
The outstanding Indebtedness of Mr.
Seibcrling, including all the paper he is
liable OH. aggregates almost n million
dollars. He now proposes to settle on
a two per cent. basis. If the creditors
are willing the claims Will all be wiped
out at this ratio.
The report that the Scibrrlng cases
are to he settled is verified 10y an entry
made this morning in the ease of Ira
NJ. Miller VS.. r.. a. seiberling. 1t was
J an agreed entry The case against
, Il. A. Sciberling was dismissed, n
Judgment for $2T,4Sl being entered
against John r. Selberling.
DEFAULT JUDGMENTS.
The following default judgments
were entered Monday morning: Her
rick < Sons VS. G. j. Whitncr, S325S5;
Ii. c. Griffin VS.. Leonard Robson,
500; Samuel Goldbcrger VS., III. Green
bnum, SO, 100; Tillie Greepbaum vs., ".
Grecnbaum, $1,000; Max Ernst VS.. II.
Gracnbaum, T,3l1,65; Cady, lvison
; Shoe company vs.. ii. Grccnbaum,
S5I2o2.
INSURANCE CLAIM SE1TLED.
The widow of the late Edward Wles,
has settled II claim against the North
western Assurance Company. He'
husband held policy in the company
for $4,000. After his death the com
pany refused to pny the Insurance.
claiming that certain conditions OF
the policy had hccn violated. The
heirs threatened to sue. Saturday 4
! conference was held and the matter
= was nmcably adjusted. The heirs nc
ceptcd $l,35o in full payment of the
policy
As forecastcd in Saturdays Demo
crat, the trial of the CARRIER case wa,
I again postponed Monday, The attor
ncys for CARRIER iilcd an affidavit, sign
:. ed by II physician Of indianapolis stat
/, lng that CARRIER was In II hospital IL
that city and that his health was sucl
that he could not attend the trial
: FOR CONTEMpT.
An order has been issued "a the Shcr
n to bring Julius Smith into Court
!. His divorced wife has filed nn affidavit
}, stating that her husband has not phi,
:. her the alimony given her by the court
lie must show cause for no, doing thi
or he will bc fined for contempt.
CALENDAR ENTRIES.
The Jury in the ease OF Robert L
Means VS.. Robert II, duncan hrough
in n verdict for the plaintiff. Th
amount found due WAS S2S0.a6. III
trial OF the case Of Belle Lelbold V,
Akron X Cuyahogn Falls Rapid Trans
!. Company has been continued until tn
next term Of Court. The defendant ii
ed an aftidavit saying that Dr. J.
Boyd, an important witness, was |
Europe. lie Is expected to testify tina
the injuries of the plaintiff were II
fling.
NEW PLEADINGS.
\. 4. Nccs has filed petition askin
for the foreclosure OF n mostgagc o
tho property Of Louis Lacon, III
amount of the Indebtedness Is $6i3 4
Tho niortgaged property was given
"a Lacons wife as allmopy She Is mao
a party 10 the action.
James Il, kaldenbaugh has sued Il
Valley Rubber Company for S1465.6
alleged TO be due on a note
p