The evening world., 1915-02-12
SEIZURE Of PLANTS
|NEUROPE CAUSES
RECE|vERSH|P HERE
Bawo & Dotter, Canadian
Finn, Hit by Kaiser's Order
Not to Deal With Foe.

OF q proclamation issued by the Kali
ser In relation to trade, sounded In
this city to-day In the appointment Of
receivers for the china and glassware
house OF BAwo & Dottsr. Limited. Of
Nos. 2o-cS West Twenty third Street.
The firm II Canadian corporation
with iasys and valuable plants in
Germany and Austria. which have
been closed on account Of the war.
Anounosmsnt OF the failure came
to-day In . creditors suit brought IN
the United States District Court and
the appoiutmsnt by Judge Julius n.
Mayer Of Bronson winthrop and WILL
lam Muivaney % receivers. under
bond Of 10000.
Tho suit was brought by tho Fism-
ington Cut 0lass Comapny. which has
q claim for Sl.21Sss: the Crystal Cut
Glass Company, with . claim Of a..
4ss.s7. and Joseph Friedman. whose
claim 10 Sts2.45.
The liabilities OF the company are
stated to be es2o.607.64. and the as
setA es47.toe.l3. The frm 10 capital
lied at Si.ooo.ooo and was established
in 1854.
William Prentice. President Of the
concern. consented to the creditors'
suit. Joining In the application for the
receivership and suggesting the sp-
pointmsut Of Mr.. Mulvaney. who. a.
managing director. has had entire
charge Of the corporations business.
Tho suit was brought to forestall
action by the creditors OF the concern
In Austria and Hungary. whose rep
rssentatives are supposed to b on
their way to this country.
Furthermore, the German and Aus
tria-Hungarian plants OF the corpora
tion have been seized by German
creditors.
Tho order Of Judge Mayer to con-
tinue the business authorizes the re-
ceivers to borrow not more than
$4,000 for current needs. labor. ma
terials and supplies. The ofaesrs
agents and other employees Of the
company were directed to turn over
III assets and enjoined from inter.
fsring with the receivers.
= The PROCLAMATION OF the Kaiser
which directly anectsd the arm wa
Issued In council ON Sept. 10 and ~
lated . trading with the enemy. II
prohibited all persons resident OF
carrying on business In the British
Empire from paying out any sums Of
money to or for the bsnsfit Of an %.
envy" A. the Bawo q Dottsr cor
poratlon In Canadian, this proclama-
ton was direct In Its effect upon II.
The following statement was 10.
sued this afternoon by Mr.. Aulvsnsy:
1T has bssn common knowledge
among the trade that the war In Eu-
rope has caused serious complication
for Bawo 4 Dottsr, Limited, owing to
the nrm being . Canadian corpora
ton.
made by the directors to adjust mat.
tsrs, but the action Of the German
and Austrian creditors In seixing the
properties OF Bawo q D0tter. stu
ated In Germany and Austria has
forced matters. and for the protsc-
tion Of all concerned q recetver has
beSn appointed to handle the busi-
ness until such time as matters can
be definitely adjusted. The business
viii bs carried on by the rsceiveeu."
Tho creditors Of the company stated
that a. the largest part OF the COR
porationss stock Is manufactured In
ana purchased from residents of Aus
tria. Hungary and Germany and many
Of It's creditors are enemies Of the
German Empire. the ofncers and
agents of the corporation are pro-
hibited from purchasing materials
and supplies essential to the maints-
nance OF the plants in Europe. Busi-
ness was thus 90 cut on that II was
impossible to continue Il probably.