Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-09-17
STATE TREASURER FILES
PETITION IN BANKRUPTCY
Asher w. Harman, Jr., Lists Liabili
ties of S54 ,GSO.95 and Assets
Of S17,187.5O.
MANY BANKS LOSE HEAVILY
Secured and Unsecured Claims in All
Sections Of Statc-Insurance Poll
cies Valued at $4,000 Are Chief
Assets-Issues No Statement.

State Treasurer Asher W. Harman,
tary bankruptcy in the United States
District Court. listing his liabilities at
S54,GS0a5 and his assets at slT.167.5O
Mr. IIarman declined to make any
the matter, saying that he had nothing
| to say.
OF the total amount OF Mr.. Harman's
indebtedness. AS listed in the petition.
his creditors hold securities for the
payment OF sll.Sos.34. and $4,000 Of the
amount is vouched for on accommodate
| tion paper, his brother. former State
Senator A. c. Harman, standing Sc
curity for the greater part of the
| amount. The balance OF the claims,
aggregating s34,722.61, are unsecured.
ASSETS INCLUDE TWO
LIFE INSURANCE POLICIES
or the s17.l6T.50 listed by the petit
| tioner as his assets. two life insurance
policies. one for $4,000 in the North
western Mutual and the other for s10.-
600 in the Fidelity Mutual Life Insur-
ancc Company OF Philadelphia. both of
which are held as collateral by the
Planters National Bank, make up the
greater part. The balance of the as
sets except s425, is represented by
real estate, consisting of n lot on Chat
I'm Street. held as collateral by the
Bank OF Commerce and Trusts: a tract
of land in Rockbridge County. contain
ing twelve and half acres: four lots
in Suffolk County. y. Y. and two in
Oyster Bay. y. Y.
BY far the greater part of Mr.. Har-
mans Indebtedness is TO the banks OF
| the city and State. These institutions
hold unsecured claims against him
amounting to s33.53O. Eight of these
banks are located in Richmond, others
are scattered over various sections of
the State
LIST OF SECURED AND
UNSECURED CREDITORS
Creditors whose claims against Mr..
Hartman are secured are as follows:
Planters National Bank. OF Richmond,
holding notes against him asSrcSating
s1l.19S.34, secured by two life insur-
| ancc policies agGregating sl5,O00 and
the Bank OF Commerce and Trusts,
whose claim of 500 Is secured by a
deed OF trust on lot on Chaftin Street
Unsecured claims against the petit
toner are as follows: Bank OF Com
merce and Trusts. Richmond. $3.50;
American National Bank, Richn ond.
$1,000: Merchants National Bank, Rich
mond, $7I5: National State and City
Bank. Richmond. S2.675; Central Ma
tional Bank. Richmond $l,75O Bank OF
WRvcrly. Waverly. $1,725; Alexandria
National Bank Alexandria. $l0,S35; the
Bank OF Hampton. Hampton. S3.650; the
Greenesville Bank. Emporia. $3.50: JEFF
ferson National Bank, Charlottesville.
$500; CovinEton National Bank, Gov
ington $500; Church Hill Bank, Rich
mond. $500: Broad Street Bank, Rich
mond. s325: Senboard National Bank
Norfolk. $500: First National Bank.
Richmond, S775; First National Bank,
Portsmouth. $1,000: Robinson Supply
Company, Lexington. Sl63.l7: James e
Heck. Lexington. S1i7.90 Davenport &
Co. Richmond. $50: Robinson Supply
Company. open account, SlOl.54. and D.
c. Zollik offer S640.
ACCOMMODATION PAPER
INDORSED by HIS BROTHER
The accommodation paper listed is
as follows Alexandria National Bank
Alexandria. ~. G. Hiarman. $4,000;
Greenesville Bank. Emporia. A. c. Har-
| man. $3.50; First National Bank. Rich
nond, y. G. IIarman. sass: National
State and CITY Bank. Richmond \. c.
fiarman. $685.: American National
Bank. Richmond. a. c. Harman. 500:
Bank OF Hampton. Hampton. \. c. Har-
man. $3.50; Bank Of Hampton. Hamp-
ton, III. Stewart Jones. $500: Citizens
National Bank. Norfolk. a G. Harman.
$3.50: Jefferson National Bank, Char
lottesville. y. c. Harman, $500: Ma
tional Valley Bank. stanton 4. c.
lfarmnn. $40: Covington Savings Bank
Coving ton. y. &. Harman. $3.50: Bank
Of Waverly, Waverly, a. c. Harman
$500. Planters National Bank, Rich
mond. y. c. Harman, s335; Church H.ll
Bank. Richmond. y. &. Harman S445:
Merchants National Bank. Richmond,
y. c. Harman. S415: Bank OF Commerce
and Trusts. Richmond. 4. c. Harman.
1885; West End Bank. Inc. Richmond,
A. c. Harman. 1920.