The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-01-06
THREE BANKRUPT;
ONE OWES s158,6O0
THE RECORD COMPANY. DOING;
BUSINESS AT NORFOLK,
PETITIONER.
$4,000 OWING THEM
SEVERAL SUITS IN COURTS IN
voLvED IN BIG BANKRUPTCY
CASE - TWO OTHERS
BANKRUPT.
$4,000 OWING THEM

Three petitions in voluntary bank
raptcy, In one of which liabilities are
In excess of a hundred and fifty thou
SAND dollars. and assets above seventy
Thousand dollars, were filed in the
Federal District court Yesterday.
ihe Dig case comes into the court
on petition of the board of directors
OF the record company, a mercantile
corporation, incorporated. under the
laws OF Virginia. and having It's prin-
ceipai office In Norfolk. The petition
Is signed by the president of the COM
pany. James j. Martin is obedience
to the resolutions adopted by the d.
rectors at meeting held in phla-
delphia. December 19. 1913. Affidavit
of the secretary, John p. Herr. ac-
companies the petition, attesting the
correctness Of the directors resolu-
tons.
Several Legal Actions.
The total liabilities OF the company
are s15S,935.44, and the assets, $70,-
044. OF which are chooses in action.
amounts due by others to the com
pany, total $70,1S633
Among the creditors OF the Record
company. Incorporated, and the
amounts OF the several accounts are /:
City OF Richmond taxes. $1,176; J.
M. Graham, salary, $500: United
States Fertilizer company. Baltimore.
open account, claim disputed and
suit pending In City Circuit court OF
Richmond, $4,000; II. T. Shannon
house. Hartford, N. c., open account,
clai mdisputed and suit pending in
Superior court OF Perquimans county,
N. c., $2,670; Myrtle l. Wells. trading
as J. Lindsay Wells Commission COM
pany, Memphis, Tenn. open account,
claim disputed and suit pending in
Law and Chancery court of Norfolk.
$4,000; General Manufacturing COM
pany, Philadelphia. s9.264.11:- III.
Lammertz. salary as vice. president,
oneyear past due. and owing before
the company changed its name to the
Record con ny, Incorporated,
$3.50. and II. Lammertz Philadel-
phla, on bills payable $500.
Assets, Accounts Due.
The company in its petition sets
forth that 1t owns no real estate. and
that It's assets consist of a note of 0.
W. Jeffreys. brakes Branch. Va, for
s141.50, on which suit is pending In
the Charlotte County Circuit court,
and the following chooses in action.
w. s. Rhodes, Richmond money ad-
vanced $1,706.48, and $4,000 on un-
paid stock subscription: Martin &
White, Inc, Of Baltimore. Maryland.
s1s.652,5o: Martin 4 White. Inc, of
Virginia, Richmond. s43,3s2.5s.
All the books and papers of the
company have been placed In the
Office of Robert H. Talley. attorney,
In the Mutual building. to be held by
him until a trustee is appointed and
qualities.
Other Petitions.
Petitions In voluntary bankruptcy
was filed by Benjamin Jacobs, a To-
cal merchant. who places his iiabili-
ties at $3.538.50. of which s2.2270
are of unsecured claims. and hts as
sets at s1,905. He claims as exempt.
household goods. working tools and
wearing apparel to the value of $3.50.
Melvin Flegenheimer was named re-
ceiver
Charles NJ. Nicholas. farmer of
Hopeful. Louisa county filed petition
stating his liabilities at s503.42. and
assets at $40. exclusive OF an exemp-
ton claims OF Sis.