Newark evening star and Newark advertiser., 1912-12-12
PIANO COMPANY'S
debts S292,747.57
Total Assets Listed by Edi-
sonia Concern Amount
to $3s6,625.

The liabilities of the Edisonia Com
according to the schedule filed in the
according to the SCHEDULE filed in the
local bankruptcy court, amount to
s292. .74757.
OF this sum, s222, ,0ss.47 is claimed
to be notes and bills which ought to
be paid by other parties" and is said
to represent outstanding leases on
goods sold by the company.
Unsecured claims are listed amount
ing to s24, 4,461S7, held against the COM
pany by 113 business firms, the ma
iority of which are Newark concerns.
The Gotham clearinghouse. of New
York. fled secured claims for $685.
29273 and the Jesse French & Son
Piano Company, of Chicago. filed Sc
cured claims for $7,699.2o. Taxes due
were scheduled at $1s5.SO.
The assets recorded under schedule
B show an aggregate of $3S6,625,
which includes $2S0,000 listed as
debts due on open accounts" The
other accounts are bills and secur-
ities $4,000 (approximate); stock in
trade, $4,000 (approximate); carriage,
SIPS; fixtures. machinery. etc, $4,000
(approximate); negotiable stock,
81 900; bank deposits, $1,000.
The claims of the creditors range
all the way from seventy-five cents
to S3S, ,292.79. The total aggregate of
claims, including the outstanding
notes or leases, is $40, ,453.S0.
Among the notes payable and the
outstanding leases are those held by
the following:
National Nassau Bank, of New
York city, $4,000; due October 30, 1912;
81, 900, due November z. 1912.
Globe Construction Company, 800
Broad street, Newark, $500, due No
vember l, 1912.
Broad and Market National Bank,
$50, due November 4, 1912; $125, due
November A. 1912; SITS, due Decem
Der 9, 1912; 1925, due December 23,
1912; 5000, due December 80, 1912, and
81, 200, due January %, 1913.
H. P. Nelson, $40 notes running
over a period of two years and ag-
gregating about 100000; Perth Am
boy Garage, five notes aggregating
s1,075; Hamilton Trust Company, 152
Washington street, Paterson, one
note for $4,000; Cote Piano Company,
Fall River, Mass, eight notes ap-
proximating $1,400; Dearborn Ma
tional Bank, two notes for $1,000 each
and one for $3,11975; j. C. Coleman,
two notes, $3,54294 and $2,36196; A. o.
Petit, 700 Essex building, Newark, six
notes aggregating $3,022.
Job De Camp, 81 William street,
Newark, six notes, amounting to $3.50;
Newton Trust Company, 500; New
ark Star, $3.50 and $37S.7O; H. ]. Han
noch. 9OS Essex building, $136; Doug
las Phonograph Company, $500; Union
National Bank, 1850 and $s,460;
Sunset Sign Company, SO Lafayette
street, Newark, $120;. New Jersey Sign
Company, 448 Mulberry
street, SO; C. w. Morrow. SIPS; Ell
mira Arms Company, Elmira, N. Y,
s35976; Lyon & Healey, Chicago,
$76696 and s767.sS; Lyric Bell Piano
Company. S2,S59.75; East Newark
Bank, 5000: Lindeman & Co., S6S3.13;
King Piano Company, 1886 South Wa
bash avenue. Chicago. $516 and
s556.80; Joseph Zellman, 349 Lenox
avenue, New York, s3,25O; Ricca &
Son. s145; J. H. Strong, s1,9S025; |
Bachmann Emmerich, $4,S11.5O
In addition to these notes there are |
,ver 700 others held by the following |
concerns:
Krell-French Piano Company. of |
Ind; Columbia Phono-
graph Company; Stultz Brothers, 1863
Rider avenue, New York; George P. |
Bent Company, Chicago; Concord
Piano Company, 213 Wabash avenue,
Chicago; New York Talking Machine |
Company, 81 Chambers street, New |
York; A. NJ. Moses, 303 Fifth avenue,
New York; H. P. Nelson Company,
I16 North Kedzie avenue, Chicago; |
Jesse French & Sons, Newcastle, Ind. |
The total appraisement of the stock |
Is filed by the experts recently was |
IL ,802.65. This figure includes all |
stock and fixtures and other belong
ngs found at the store on Central |
avenue and Broad street and at the
Paterson store. The appraisement in |
dudes seventy tons Of COAL valued at
AIS a ton.