New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-07-09
BUSINESS REVERSES

c. A. STAFFORD g. co. Zinc. )-Creditors
Of q. \. Stafford * Co, Inc. cotton goods
street, me. yesterday TO hear the report OF
George Waicoit and James @. Graham. the
receivers, and consi1er questions OF litigation.
The receivers report shows liabilities on
March Is Of 81, 90. 139. Of which s3s3Oi6 are
secured In full or in part and S63J.II3 are
unsecured. Actual assets, s5o3 426, In addi-
ton to which there were nominal assets Of
Sis0Bi3 out OF both kinds OF assets there
has been collected $l23,7JI, and there is es-
timated collectible s4i205 more. and the
total realizabe assets are placed at SlIO,JSO.
Upon inal liquidation of the estate the re-
ccivers estimate there VIII be on hand for
distribution about $4,000 20 meet unsecured
debts of $3.50. T73. But the $4,000 may yet
be greatly reduced, II not nearly all wiped
out by priorIty claims. OF which S72205
have been put In and mill claims for $4,000
more may come ia Counsel for the receiy,
apply to the federal court to-day to appoint
a special master 70 pass upon the priority
claims. He said that the liquidation of the
corporations affairs was practically COM
pleted The receivers have collected Sl50OO0
on general account and $4,000 on special ac-
count and the disbursements have been s3l.-
900 A committee composed OF Charles
Blandy 4. A. Cook and \. G. Rounds was
appointed u confer with the receivers as TO
the transactions between q. A. STAFFORD a
Co. the United States Finishing COMPANY
and the Converting Company. and TO de-
termine II any suits shold be Instituted. g.
A. Stafford & Co have a large interest IN
ing Company, and there was a long discus
sion rs TO how IL protect this interest as q
foreclosure IS pending on the kosciusko prop
erty.
II. +. BROWN s. co. c).-H. +. Brown
& CO.. Inc general printers and publishers.
at No. 1909 Broadway. made an assignment
to jacob j. AleXander The business wa" ,iS
on November 10. 1912, with capital STOCK
of $4,000 Harold r. Brown Is president
and Fannie L. Brown secretary.
~ a.Hlu. Wd *
shoe manufactures. OF Nyack, ". Y, hleu
schedules before adjudication In order 70 pug
through a composition They snow ilaDlllues -
OF $50. 3O3, assets of s24,30G consisting OF
FIRE Insurance adjusted at $4,000 accounts,
81 400. factory site. $500: stock, damaged ~
ire. $3.50. machinery, damaged by hre' siJV,
and shares 81 stock. $1,000. as follows: 10
shares RocslInd County Trust COMPANY,
81 $50 pledged: / share Rockland COUNT
Safc Deposit COMPANY and share First Ma
tionaI Bank u Nyack. Among the creditors
arc the Hockand County Trust Company
$4,000 past secured: Nyack Building ana
LOAN Association. 81 600. secured. J. NJ. De
c 1I New York. s5,7CO
GIBSON KCGLER- CRANBERRY JEwELRY
COMPANY.-Vice-Ch Chancellor stevens IN
Newark Yesterday appointed v Aha,eG
berry Jewoiry COMPANY OF No 5l6 MaIh.'
street. Newark. recently adjudged insolvent'
Liabilities. $4,000, and assets sSO'oVo'
AMOUNTS UNDER $4,000.
T. u. GHEEN co. zinc. ).-JuuBe liduu
appointed Guernsey Price receiver for +. u.
Gheen a Co, Inc.. builders. OF No. ll23
broadway. bond IF $500. on application OF
William Z. C1rrell at the request OF most
Of the creditors. and on consent OF the
ARR KHAN NEUTRALITY-SUSPICIOUS. OF
Abraham SHERMAN. dealer IN TIuks s aial
sritcs.ss. az No ~ sixth avenue, shows IA
biltics OF So ~. assets OF Sl2.u. Consisting
Of stock, 81 GaJ. ana fixtures. $40
ISAAC LDSTO%E. Schedules OF isaac
Cold stoue halter. at No. 2014 Third aveuu. o
show liabilities % $2.i5I, assets OF ~ Sol
consisting OF stock. 500. fixtures N1pO'
claim for damages by water leehast' Si"''
and cash N bank, SIS. ...,,,..,. GOA,
BOWMAN BUTLER PUBLISHING 1OM =
PANY.--scheduies Of the Bowman Du nr,,.
Publishing Company, OF 10. 10 LiotrI,
erect. sbow liabilities ~ $3.50 assets OF
q or consisting ~ cash. 50. oNice fural-
,urc. 500 and accounts. SCOT. .
SIMMONS & ROSE Gucb Petition hleI
rrainst simmons < Rose. Inc. manufacturers
~ fas-ofnruteris r,rcI;ics al No. 50 Broad
v,nv Creditors. Tobias Gordon. SO. Jacob
l. lew S4l5. and Abraham Harrison. Slo,.
Tho corporation was incorporated or JaHuaI!
10 1918 with a gpltal stock of S5u"o. , ,
Jr'TII'S ISAKSON & CO.-Petluon nl"I
rsalust Julius Isakson and Mar hgn"s
cross who r1rupos,d the Arm ot JULIUS lsah .
son < co butcher az No. a. Henry sucr,.
hy Harry Gross. creditor Tor foo' ih''''
loaned on April 3 -, .,,-,,-,,.t
SARAH RAFSkY.-J udge hand sppSSt .-,, -
,'isx Rrrtha RsmbauEh receiver TOT Sara
Tssfstv ruilIiner. % No. East HON stree
IN bond u $3.50. Assets are said 10 NC