Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-09-25

Solomon s. Maybaum, ana knose 70
Bilder & Bidder as counsel for Mr.. os-
borne, were "exorbitant and exees-
sive," Michael l. Tansey. OF this city,
today filed petitions for two clients 10
review Referee Adams's action. with
Judge Rellstab, of the United StaAes
District Court, in Trenton.
These allowances we're made upcn
recommendation of Referee Adams. ac-
cording to these reports, and aggre-
gated $3,S78S3, according to the petit
TONERS, and we're made without not1co
to creditors. The report declares that
the petitioners did not know such aA-
lowances had been made uuff1 AuEstHt
7. They ask that the masterfs report
Referee Adams sat aB spectaf muster
be set aside waidron M. Ward repre-
senting another creditor, Joined Mr.
Tansey in his application.
Bilder & Bilder later counaei, 4pw ~
referee and trustee, Seuator oabu1HzE,
are said to have prepared the cla1rnB
of three relatives of Solomon Ma&baszn
| 81 Co., and on the strength of them
filed the petition In bankrRptqy .ft 10
said s4lamon Maybaum couid net 40
count for 900 In cash ne had drawn
from two of the companies IN which he
was interested two months pr4er to tahe
fling of the petition In bankruptcy.
AIlege Further IrreGularftfes.
| There were further Irregularities. ao-
cording to the petition, and when on
| January IS of the present year appli-
cation was made for the discharge of
the bankrupt. Mr.. Tansey fled obpec-
i tions. A hearing was set for some
! In Ia hut M
1 was only when John w. Cowan, an
accountant. now looking for the elusive
$4,000 in the Vacuum Cleaner case.
| had filed his report after being en-
ployed by Referee Adams to make an
! audit, that Mr.. Tansey learned of the
! preliminary fees which had been paid
/ to Senator Osborne and Bilder & Biider.
Nathan Bilder was appointed trus-
! tee in the New Jersey Horn and Sheet
Metal Company bankruptcy matter by
Referee Edwin G. Adams and accord
| ing to the creditors who did not re-
ceive one cent of their claims, they did
not ''walve their right to elect a trus-
tee" as the bankruptcy court records
show but were notified of the first
meeting of creditors at which the trus-
! tee was appointed.
The trustee selected as his attorney,
Senator Harry V. Osborne.
The final report of Nathan Bilder.
the trustee, showed that he received
$220.25 from the receiver, w. G. Roszel.
| OF this sum Jones & Gleeson, attor-
neys for the petitioning creditors and
receiver, were allowed $120.42 and Mr.
| Roszel. the receiver, $50, by the Judge
in the District Court at Trenton.
| The referees allowance was $10.50,
leaving the trustee a balance Of S39.4S
for distribution at the final meeting of
creditors. The creditors also declare
they did not receive notice OF this
meeting either.
Nothing Left for Creditors.
Trustee Nathan Bilder received 1892
as his commission, while Osborne, his
attorney, asked for an allowance of
$26.26 all that remained of the assets,
His petition was granted and there was
nothing left for the creditors whose
claims aggregated $646
| Charles Jones, of the law firm OF
Jones & Gleason who represented IS
per cent of the creditors, was asked
| If he had received any notice of the
first and final meetings. He declined
to answer, saying that for professional
reasons he would prefer not to.
! Mr., Jones would not deny, however,
that he had not received the notices
Referee Edwin G. Adams, Of the
| Bankruptcy Court, when asked If the
creditors had been notified pointed to
the proof of mailing these notices which
were on record at the court. An affi-
davit by Louis Adams, then clerk of
the court, to the effect that copies of
the advertised meeting of creditors had
/ been mailed to them, is on record.
! Immediate action toward the correc-
ton of alleged bankruptcy abuses In
this district is to be the sequel of the
! STARS tabulated proof of the exist
ence in Newark of a bankruptcy SYM
dicate," of which outside attorneys and
creditors of bankrupts have complained
bitterly and frequently.
AS the result of the STARS presen-
tation of evidence of the apparent ex-
istence of a community of interests"
among certain attorneys SO far as
bankruptcy cases are concerned.
Charles Freeman Johnson, secretary
of the Peoples National Legal Ethics
Society, of New York city, is to invoke
the aid of President Taft and Attor-
ney- General Wickersham toward a re-
<~,..a-az -, nawa q rnluu,w ~