New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-08
BUSINESS REVERSES

J. CLARENCE DAVIES. Judge Mayer, O..
the Federal Court. extended the reeeiversnlp
OF J. Clarence Davies, OF the west b,sn.s
second street Realty company 20 lnCt bn was
president OF the company. Inc aHalts Oh D 1h
were operated as one system. OWING 70 Laon
Of funds, Mr.. schin Is at present "i unse
cured liabilities are $4,000: assets S l3u,Uo'
He has "a claim against the company Tor sloo,
0o0 and he owns No 500 West Ena 400
West 18th street value sl2ooo mortgage o.
600 ~.
appointed Henry w Moore. William e. WOO
and Rhine Russell Freed anclllary receivers
FOR property In this city OF the l'reaK%ater
Company. OF Philadelphia bond SWV i"ey
were appointed receivers In Philadelphia on
December % In bankruptcy proceedings me
company had branch offices in this city
Cleveland, in California and In Honolulu. me
total assets are said to be 81 900. COO, consist
ing OF quarries in Maine, Massachusetts,, Con-
necticut Pennsylvania. Delaware, Ohio and
Ontario Canada. and tug boats and dredses:
The assets in this city consist OF leasehold
rights in vessels amount not given. Inc
company is an Ohio corporation.
JOSEPH MEDAL.-chedules OF joseph
Medal dealer In mems furnishing goods ana
drygoods at No $50 Second avenue, and No.
1893 Grand street. Brooklyn, show Liabilities
OF SIS OBS: assets SIS 300 consisting OF stock.
SIS 600 ana fixtures. $500.
LOUIS MARTIN. Inc.-About a hundred
creditors OF Louis Martin. Inc, restaurant AT
Broadway. near 60th street met yesterday and
selected a committee which is 10 determine
what is TO be done with the business. The
attorney for the receiver read a statement OF
the condition OF the corporation on January 2
the day the receiver took possession. Liabili-
ties are $50 4O4 and nominal assets $1,000.
Among the assets are furniture and fixtures.
$40 972, book value; supplies. sll ,2o3; linen.
china and silverware, 81, 5o3. book value.
actual value problematical, as they are stamped
with the name OF the restaurant; lease. SIS. =
ssh book value. cash sl9S The question OF
continuing the business caused long discus
sion. The receipts now are about $500 a day
and expenses about the same. and the ex-
penses are likely TO increase when new supplies
have to be bought The wages are Si92 a day.
AMOUNTS UNDER $4,000.
SHEPPARD KNAPP & Co.-Judse Holt
signed an order authorizing the receivers OF
sheppard KNAPP Il CO.. carpet dealers. OF No
ham a Straus, Of Brooklyn, TO purchase the
entire stock OF merchandise at ~ cents on the
bids had been opened. but before the order
was signed. another department store said II
willing TO bid - cents on the dollar.
KAHN BROTHERS-Sche OF Kahn
Brothers. dealers in drygoods at No. $50 Eas,
Houston street snow liabilities OF 81 l22; as
sets. 1896. consisting OF stock 81 900; fixtures.
$500. accounts, So. and cash In bank. so
EMPIRE STATE WOOD WORKING COM
PANY-Judge Mayer appointed Frederick w.
STEELE receiver for the Empire State Wood
Working Company OF Startling avenue and
Sand street The Bronx: bond 81 500
MORRIS h. MINER-Judge Mayer appont ed
Jules Hart receiver for Morris h. Miner. dry
goods dealer. at No. lis Rvington street, with
authority TO carry on business ten days.
DAVID LEvIN-Davld Levin. dealer IN
woodenware and hardware at No. 80 Forsyth
street. filed petition. with liabilities OF s., 1870:
counts. S322 and cash In bank. So. He began
business In August. 1909. Judge Mayer ap-
pointed Barrett Il. Wellington receiver bond.
IGNATZ GREENE ERoLR-Ignatr Greenbsr-