New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-07-03
BUSINESS REVERSES

EXCHANGE CLOTHING COMPANY.
Petition filed against the Exchange
Park Place. Creditors-Samuel Ginsberg,
El2; Hyman Rednek, 500, and Sulin
Kornberg, 1905. The business was started
I'm 1880 as the Exchange Watch Com
pany and the Exchange Clothing Com
pany succeeded 1t on December q, 1903,
with capital stock OF $4,000 and Martin
Frobisher, president anu treasurer The
company occupied the fifth and sixth
floors at No. 10 Park Place, and did bust
ness on a weekly credit plan. The in
ventory OF January showed liabilities,
Sl6.Ss6; assets $l06,729, of which $lOl, $40 are
outstanding accounts of customers, good
bad and indifferent. Judge Hand appointed
Jacob j. Lazaroe receiver IL is SAID tnat
there is disseusion among the officers. LA
bilities are from $4,000 10 $4,000 as there
are accounts on the books enough TO
pay the creditors in full II they could
be collected, but il is uncertain how
much can be collected. There Is about
5000 in stock and materials on hand.
Martin Frobisher is a grandson of the
explorer OF that name
HARRY JACOBSON-Judge Hand ap-
pointed Peter b. Olney, Jr., receiver for
Harry Jacobson, diamond dealer, OF No
81 Nassau street; bond, $3.50. Liabilities
are $1,000; assets probably 5000. II was
said that he had disposed of the safe
and office fixtures, had closed up the
place and had absented himself for the
had bought goods at random in the last
few weeks and Immediately pawned them
and disposed of as many tickets as he
could. and had also given considerable
goods. to two friends to dispose OF them
MEYERS, CROWN & WALLACE
Schedules Of Meyers, Crown * Wallach,
clothing manufacturers, at No. % WASH
ington Place, show liabilities Of $A.933;
assets $0,790, consisting of stock, $685.
Ri ETss HyfurQa KIM an
on hand. 1896, and cash In bank, $3.50
Among the creditors are the Chemical
National Bank, $4,000, less S2,922 deposit
as offset. Peoples Bank, 5000. less sos
pany. S,l74; II. A. Cesar Il Co.. $500;
Joseph Benn q Sons, sSlI3. and w.
Whitman & Co, S2,S3S.
FISHAfAN LEATHER GOODS COM
PANY-Schedules OF the Fishman Leather
Goods Company of No. % Fifth avenue,
show liabilities of Sl7,252 and assets of
Sls.ll2. consisting of stock, Sl2,349; ma
chlnery. N,01S: accounts. s3.402; cash in
bank. 81. 234, and cash on hand. $40. Among
the creditors are the Union Exchange
National Bank, 5000; Jacob w. Rig
lander. $3.50. and Louis De Jonge & Co.,
t2275.
A. MUSICA & SON-Creditors Of A.
Musica q Son, importers of human hair
goods al No. 81 Front street, elected Ezra
y. Prentice. the receiver trustee, and
a
filed. among them being the Anglo-South
American Bank, sl35,2i6: Bank OF Mont
real 1914, J. q w. Selgman q Co. $751;
40. and Brown Bros. & CO., Sl09j6. There
are seventy-eight creditors. No sched-
ules were filed. II was said that the la
bilitles are about $4,000 and assets prob
ably 10000. There was some discussion
as 10 whether the trustee should pay a
years premium on life insurance of one
OF the partners amounting to 10000 and
the creditors left the matter to the dis
cret!on OF the trustee. There was also
some discussion as TO the sale of some
real estate in Brooklyn belonging 10 the
firm I'm which there is considerable
equity and which may come TO a fore
closure Of n mortgage OF $4,000. This
was also left 10 the Judgment OF the
trustee.
AMOUNTS UNDER $4,000.
JACOB HEITLER-Judge Hand ap-
pointed Miss Bertha Rembaugh receiver
for Jacob Hetlcr, dealer I'm hardware and
hOusefurnishing goods at No. 1865 West
chester avenue Bond, s., 800 Liabilities,
5000: assets. $500
MILTON r. COHEN-Schedules OF Mil
ton X. Cohen, meat market at No: ~
Columbus avenue, show Liabilities OF $2,953
and assets Sl.0l3, consisting OF fixtures.
500 subject To a chattel mortgage; ac-
counts9 $06: cash. s.. horse and wagon,
subject 10 a chattel mortgage, and pos
sible interest under the will Of his father.
George u. Cohen.
PHYLLIS HAZELTINE-Sched OF
Phyllis Hazeltine. OF No. 800 West list
street show liabilities of S,873 and assets
OF $50. consisting OF cash. SiS. household
furniture, 500: books. SIS. and fire insur-
ance rebate, ST. Among the creditors are
Miss Nettie Gerdes. $1,000 loan: Simpson
Crawford Company, $3.50; Gimbel Broth
ers, $i7: John Wanamaker Sll3; Arnold
Constable 4 Co, 81. all for drygoods,
etc; Nine Goldie, IS. lingerie: Wachter's
Standard Market. n96. meat and game;
s. & d. Lunnise, SIS. provisions: Park &
Tilford. SEQ. groceries; George w Welsh
e. Sons, $50. jewelry; Ajax Trunk and
Sample Case Company 81; New York
Taxicab and Auto Company, $50; River
side Taxicab Service Company. AS; Err
nest i, Harris, Far Rockaway, $50 taxi
cab hire: Miss A. Lilliquest, si7. massage:
J.. Oriegley. s.. massage; DR.. Clayton p.
Bennett, Si25; Herman & Moore. $3.50. legal
services: Harold p. Denniston. S25, per-
sonal service: Johs NJ. Boleter, $50 per-
sonal service, and Charles Norton, news
dealer, Sl4.
JUDGMENTS RECORDED.
The following judgments for amounts