New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-08
BUSINESS REVERSES.

THE J. l. KESNER COMPANY
Petition fled against the }. l.. Kesner
COMPANY. drygoods department store.
formerly at 22d street and sixth avenue,
by Percy s. Dudley. attorney for these
creditors. Hanover National Bank. s23i.-
sol: Chemical National Bank. $S',9j5,
and Chatham and Phoenix National
Bank. t44.I63. The Hanover National
Bank discounted ten notes OF the COM
pany. which aggregated $4,000. and on
April :. when the company went into
the hands of receivers i'm an equity pro-
cecding. the bank applied the cash bal
auce of S15.i9S as Set-on on the notes.
The Chemical National Bank discounted
two notes for 100000. and applied a
I balance Of sll.736 as set-off. The
Chatham and Phoenix National Bank
discounted note for $50 600 and ap-
piled a balance OF s5.s31 as a set-on.
II was alleged in petition that on Au-
gust : the company admitted m writing
ina bility To pay its debts. and another
act of bankruptcy was the appointment
Of receivers on April last These re-
CeiyerS were Abram :. Gilbert and Leo
Price. The stock and fixtures of the
store were sold by the receivers a rev
months ago at auction FOR about Slt1.-
000. In April last a settlement was
proposed. whereby the property of The
company was TO be sold to the I'D
Street stores Company for enough 20
/ pay creditors 80 cents on the dollar Out
a few creditors opposed the plan. ana
J Judge Mayer refused 10 confirm II. Inc
assets We're shortly afterward SOLO az
auction hX the receivers. The total
/ claims against the company were 81
3S7.5S7 on April g. The corporation was
incOrpOra i'm May. 1911 with capltal
stock s75O.O00. Jacob l.. kesner. presi-
| dent
THE MARKHER COMPANY. INC
/ Petition filed against the Markhelui
/ COMPANY Inc. importers Of laces ana
/ embroideries. AZ Nos. J. and il West
| 2lst street. by Rosenberg < Lewis, At
/ tOrneys for these creditors. +. Victor
! a Achelis $4,000. &. s. Auffmordt n
| 20. 81 900 and Largman. Oppenheim
! & Co PHILADELPHIA. 500. II was alleged
/ the company was insOlvent. made PREF
crcntial payments and on April y MADE
an asst gnment 10 Emil stern ~ was
! said that the liabilities were Slf5.oVv
and nominal assets Sl5S.000
CLARENCE y. SIRE.-Clarence D
| Sire. broker. Of No. 100 West 18th street
| fled petition with Liabilities of ST. 40 and
ances I'M the Metropolis Bank and the
I Federal Trust Company OF Newark. y. j..
/ but the amounts are unknown. Ihere are
| ~ enty-two creditors. among whom az
| Hugh Gordon Miller, 500; George 81, ~
Furman. Newark. g. $50. Alphonse FOX
/ Newark. 300. and Stephen 9. Baldwin
| BROOKLYN. $3.50. A.,
! MORRIS KOSSOY.-A petition was MEG
I against Morris Kossoy shirt manutact-
urer. OF No Sc White street by Harry Il
/ UerzoE FOR these creditors. Llbcrman
BROTHERS 1855. and Lewis Frank a sons
/ Sl77 II was alleged he was insolVeIi
made preferential payments OF go" ahc
transferred merchandise and accounts oi
/ $500 Liabilities are $1,000 and asset s
| s2Oro He began business an OCTOBER l'iI
/ and iu September. 1912 opened iactoIy
Al Concord Staten Island. Judge MAYER
appointed Asa kellogg receiver. Dohd
/ 81 son
l. 4 ~ LEVY. INC.-Judse May r ha'
/ confirmed "A composition of +. q II. Levy
T Inc. importers of bristleS and humai
/ haIr at 80 lql Water street. with crta
+ itors AZ = cents ON the dollar payapl' 80
cents cash. cents note on NoIempsi
. 1918. 3 cents note F'cbduary ]. 1919. ana o. .
/ cents note MAY g. l9ii. The schedules
/ showed liabilities NJ $50 i9i and nominal
/ assets Of Sls9 $40 Claims 90 the amount 'i
/ siiel33 were proved and allowed 10y th'
/ referee
AMOUNTS UNDER $1,000.
/ UNITED SHADE AND AWNING COM
/ pANY Schedules Of the United Shaae
/ and Awning Company Of No. 90 Wen,
, ster avenue. show liabilities OF tooA ahu
/ assets of is.1l6 iu accounts .-,..t-.