New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-07-01
BUSINESS REVERSES.

PETERBOROUGH REALTY COMfAN ~
The Interborough Realty Company. OF 10 ,ho
Wall street which has operated mainly ~ VIC
30 Ward OF Queens Borough, nled peu,,lo.l'
Judge Holt appointed William X Nllic 90
former Public Service commissioner, as =,
cciyer Liabilities are S1sI 900: nofnlnal ASSET
are 81 I56 200 The assets consist OF real es
tate 81 1879 1916. mortgaged for $lSo:ooo' Casi'
on hand. $50 cash in banks. Sl.9I'' s nV osG.
81 S44: office furniture and records So,'oo'
copyrights and trademarks sido. inc tT eaI
tate comprises % acres known as the hd nn
tract value SOS 900 mOrtgascd for So'VoV, 30
acres known as the Bown eo pr nIpout acres,
known as the Carrahor tract. value fol'9Vo,,
mort gagged for So. 600. all IN the 80 MaII t,,
queens. 100 lots in AcquackanoSa , to"nS,,,p'
Passaic County. y. J., value Sl",o-o' Hlolt
Gagged for 81 600 ~ lots at the same pdCc'
value sii.57O and 10 lots In German arm At
syracuse 81 SEQ OF the liabilities VS. W. ar
secured $3.50 1853 unsecured. $500 realtN ldN''
and 81 40 taxes on income due United states
government. liz the application Tor a receive
il was stated the assets arc largely III rear a.
tate in the ID Ward Of queens. on Whlcn III
tarost &c nast due or shortly To become due.
while the debts are mainly IN the iorIh %
bonds and contracts for bonds. held by nuI,,e,
Gus persons scattered throughout the c".u, ~;
on which interest payments OF between $500
and 900 are due on July ! ana "hlcn dIs
held by two thousand persons anu upVh So
contracts instruments on account OF the ~
chase price. amounting 10 from SouVV 10 81 :
900. are being from day 10 day conecleu s Ilia
paid over to the company by us agents. Ino
nature Of the contracts and the amounts dIe
the creditors are: Convertible pront sharihs
contracts Sit.54J: guaranteed proht shatlhB
contracts SIS. SJG; guaranteed front gold ooilIs'
ST: profit sharing dcbenture gold pohus;
sJ0S 900: profit sharing debenture gold ooili
contracts S2a3527. and non-pront sharing DC
henturc gold bonds. Si5.j52. The principal Sc
cured creditors on mortgages are the MutusI
Life Insurance Company. S92 700: the Iluse
Guarantee and Trust Company, SoJ,pp' anu
Ralph Green. trustee. So. 600. Among the Y
secured creditors are the marlborough 'oN
PAW $685. for commissions. ana Afthur
Wolfe 81; 800 Judge Holt fixed the bona OF
Mr. Wilcox the receiver. at SloWO anu
authorized him to continue business until tur-
Their order OF court but IS not permitted 70
accent PAYMENT Of money instruments on con
tracts Tor bonds OF the company, except as
such moneys have been received or collected
r., the compauy's collectors or agents. judge
Holt also signed an order for the adjudication
OF the company a. a bankrupt The company
Was lncort GRATED under New York laws IN
June 1902 with capital stock slVOD' ana
Henry w Allen is president. -
CENTURY GAS AND ELECTRIC FIN Jhr.
.cOMpANY-S Schedules OF the century Gas ana
Electric Fixture Company. OF No. IL crosby
street shoU liabilities Of 81. 800: assets. S24
3aG Consisting % htock. $1,000. MACHINERY. ~.
300. accounts Si3. 900. claim In litigation. sSoo'
and cash IT, hank. $50. Among the creditors are
tho American Brass and Copper Company. VI
SO. Standard and Metal spinning company.
si3So. and samuel IIcCht estate. 5000