New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-25
SCHEDULES OF SULLY & CO
THE LIABILITIES, s., 568 ,936.
ASSETS Placed at S4,119,627-Trans-
fer of Corn Erchange account.

Schedules were filed by Daniel J. sully & Co in
the United States District Court yesterday
ing firm liabilities of s3.5sS 936 and assets o.
StlI9627 OF the Indebtedness the sum OF 1852 i62
Is secured and 2.1FS69 is unsecured The sched-
uIes mention 200 of Indebtedness which should
be paid by other persons. The same $4,000 IS
mentioned In the assets bills aud notes held by
the firm Among the assets items Of Office
furniture Of the New-York office. $ai.757. and the
New-Orleans office. s677- There is due SuIIy & Co
in open account SOS s3i The firm has the schedules
state stocks and bonds margined 20 the amount OF
$2g1C0 and unliquidated claims 70 the amount OF
81 2sS go and s2lS7 $50 The firm has deposited in
bank st45 sis and three memberships in the New
York Cotton Exchange. valued at S35.175.
Daniel ]. Sully personally has an indebtedness OF
s344 039. and assets of $20J+ ie9- or the liabilities
the sum OF S256.732 is unsecured The individual
consist OF real estate. $266.o01; cash. S.5Si
notes. 5000; due account. S1f75.S20; bonds and
stocks S3ll925 property in reversion, SNOo1. and
5000 which Mr.. Sully asserts is exempted. The
ST. 475 $40 due account is made up as follows;
Due 10 M Suy individually. from the firm Of
II. ]. SuIIy & Co. credit balances in his name OF
SlOe4955; in the name of Mrs Suy. s2SS.2l from
account No s." 1895. and due from the firm OF
+. Zerega & Co.. Liverpool. $4,000
Edwin HadlCy. IT.. another member OF the firm
had individual liabilities Of $500, and nominal as
of Sl5 $40. of which 5000 is In bonds and stocks
and s., COO I'm real estate.
William r. Pagan. also partner In Daniel j.
SulIy co. schedules individual liabilities Of so
and of 5000 Of real estate, which he alleges
is exempted.
Samuel F. Il Morse. the fourth and last member
Of the frm says he has individual liabilities. and
that his assets are S4O52 OF which $500: is in real
estate and SlO50o personal property. He eXempts
5000.
The firm OF Daniel J. Sully & Co. owes 70 clerks
and Others in wages which have priority over other
claims under the Bankruptcy law, SSH. The Sc
cured creditors are the Guaranty Trust Company,
which holds the firms notes for $l,0OOVN secured
the Corn Exchange Bank TO which concern Sully
& Co owe $3.50 Oo0 secured by sXtyI9ur COTTON con-
o1 OF Of &c S 5 secnred by So shares of American
Locomotive preferred stock, estimated at S246Oo
The firm has ndoTsed $VoSo 3t notes ht ne 10y Jne
National Bank Of North America and the Brown
OF those owing the bankrupt Arm the number is
small the total amounting TO oniy $SS.SS G, Inc
largest debtor is r. l. Wi1GheI, NewI IIl,'
Tex SAIL and C. ". AuIt New-Orleans. $l.7OO
The Schedules show that Mr.. Suly carried large
Mrs. santry. the latter account owing l4o22o and
also accounts No l. No = etc ,,,.. .,.u, ,,,,7
deposit t'' With h the Corn Exchange Bank which
the making and delivery OF a general assignment
the earnest solicitation OF r. T. McDougall. presi-
dent Of the New-Y9rk lotion ET SS ana VIZ Nh
ton Exchange. and without advice or knowledge OF
law on ouT part The no principal amoGn so paid
were: To c. d Freeman * Co, S4O0; Fernie. VIII
Hents & Co 5000: John f Black. $20OOG J. S
Bache & Co. $4,000 Baily & Montgomery $1,000;
Mcintyre & Marshall, S56.OJ0; Shearson Hammtu &
Co. GOO; S. NJ Weed 81 Co.. Sl6j.O0O. and Atwood
are mentioned the amounts being unknown.
Mr.. Sullys only secured creditor individually IS
John Mcdonald. Of this city. who holds a mortgage
of SS2 500 on the Sully house the equity of which
Mr. Sully estimates at $60e00 He also is the
owner OF a house and lot in GreenpOint worth
5000 The individual schedules OF Mr.. Suily say
that he gave the town house TO Mrs Suly as
present and that IL has been decorated and i'm
proved to great extent with her individual and
personal money. Mr. Suly's principal creditors are
Daniel NJ. Thompson. Providence, $4,000; F. w
Reynolds. Providence SiS+S. and Tiffany a. Co..
New York City. Sl09 Cos.
Among Mr.. Suy's assets are 2.10 shares OF
United States Steel common stock, scheduled at
$50 700; 100 shares of Merchants Trust Company
stock ST. OO 10000 shares OF Colorado and Southern
Railway stock. 100000 and seat In the New-York
Stock Exchange. $4,000. The exempted property
claimed by Mr.. Sully is pew in ST. Bartholomew's
Church, representing an expenditure of 5000. This
under the law. is exempt from creditors
The schedules were filed BE the firm OF Dos
Passos Brothers. representing Daniel j. Sully &
Co, and the individual members of the firm