The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1909-05-16
Involuntary
BANKRUPTCY
PETITION FILED LAST NIGHT AND
A. n. HEYWARD, JR., OF
MACON, SECElVER.

the sUit-ReceiVer to rake Charge
OF Assets at Once.
Involuntary bankruptcy proceedings
were last night hled in the United
States court at Savannah against NJ.
A. Baker & Company, NJ A. Baker and
A. Il Baker. The proceedings we're
aled By the u Z Hungerford Brass
& Copper company. through their
attorney, Judge .. w Krauss, who
left the city late yesterday afternoon
Tor Savannah with the papers,
As soon as the necessary papers
We're filed with the clerk OF the United
States court in Savannah, Referee
Max Isaac was notified and he at
once appointed A. II. Hayward, Jr, OF
Macon, as receiver.
NJ a. Baker & Co, composed Of
NJ A. Baker, of this city, and A d..
Baker, Of Pensacola, are among the
largest manufacturers of turpentine
stills, etc, in the south They oper-
ate two plants. one in Brunswick and
another at Pensacola.
It appears that on April 26 the
firm, while insolvent, made a general
assignment for the benefit OF their
creditors, transferring all of their
property to the National Bank Of
Pensacola, the Peoples Bank OF Pen
sacola, and the Pensacola State Bank.
The property was to have been sold
on Monday, but tie g. f. Hungerford
Brass 4 Copper company came in
with their petition, asking that the
firm be placed in bankruptcy. 1t is
alleged that the irm is indebted to
the petitioners in the sum of
s4.995.35.
Receiver Hayward viii at once as
sumo charse of ali Of the property OF
the firm, both in this city and IN
Pensacola. He VIII arrive in the Floi
ida city armed with his appointment
In time to prevent the sale Of Lh9
property tomorrow and he will thcn
come to Brunswick and make demand
for the local property. The property
involved is estimated to be worth
between s25,000 and 100000
The order appointing the receiver,
etc. issued by. Referee last night, IS
as follows:
Whereas the petition for adjudiea-
tiou of bankruptcy was on the 10th
day Of May. 1909, flied against NJ A..
Baker & Company and N. A. Baker
and a. H. Baker Of Brunswick, in
said district. and said petition is still
pending. and whereas it satisfactorily
appears that it is absolutely neces-
sarv for the preservation Of the es-
tate Of said bankrupts that receiver
be appointed TO take charge of and
hold said estate and the case being
Of jmperious necessity, and bond
having been filed by the petitioner in
said bankruptcy proceedings as pro-
vided in section of the bankruptcy
act Of 1898 and it appearing that the
case is an urgent Cne and that notice
cannot be given to parties at interest
now after due hearing, no adverse in
terest being represented thereat, and
on motion of D. " Krauss, Esq, at
torney for the petitioner, it is ordered
that said bond be and the same is
hereby approved.
1t is further ordered adjudged and
decreed that A. Fl. Hayward, Jr., ESD
Of Macon, Georgia, be and he is hereby
appointed as receiver Of all OF the
assets, property and effects. books,
accounts. chooses in action and evi-
dences Of debt Of every character and
description belonging to the said NJ.
A. Baker & Company and NJ. A. Baker
and A. H. Baker individually with
power and authority to take immedi-
ate possession thereof wherever the
same may or can be found and hold
and preserve the same until the fur
ther orders of the court.
1t is further ordered that any and
all persons having in their possession
or under their control any property or
assets belonging TO said estate are
herbv orderd to deliver the same TO
said receiver.
It is further ordered that said re-
ceiver proceed at once to cover all
of the property of said estate against
loss BY fire by insuring the same in
some good and solvent fire insurance
company for such sum as he may
deem sufficient to fully protect the
interest of all concerned.
said receiver Is ordered to give
bond in the sun Of aye thousand