The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1919-09-19

construction and maintenance of de-
tached, grouped and apartment houses,
which shall beson file for inspection OF
/ prospective purchasers.
"(g) The type of building authorized
by the association shall be of such
character and design, including mate
| rial and construction, as to warrant its
amortization on Il basis of not less than
80 years. The percentage of detached,
grouped and apartment houses erected
shall be determined by a balanced re-
lation between the cost of land by the
raw acre and the financial returns es-
| timated on 60 per cent of the develop
mentS.'
"All the building and loan assocla.
tons will be made acquainted with the
PLAN" said Mr. Heydon, land it is our
belief that, if adopted, it will prove
successful"
Bankruptcy Cases Increased.
More bankruptcy cases have been
closed by the referees during the last
eral years past no less than 3SS having
received the last rites" OF these 2S0
were voluntary. or cases where the
debtor willingly petitioned the bank
ruptcy court to relieve him of his debts,
and los involuntary, or cases in which
the creditors felt they could no longer
trust the men who We're in their debt
to pay their bills and therefore filed
petitions against them.
OF this number six were farmers
all voluntary, as they must necessarily
be, because an involuntary petition
may not be filed against farmer.
Three were wage earners, the provi-
sions of the bankruptcy law as to
whom are precisely similar to those
pertaining to the former. Therefore
these three were all voluntary There
We're 145 merchants, 90 of whom were
voluntary and % involuntary; % man
ufacturers, 20 involuntary and only 8
voluntary; professional men, all vol
untary, and 100 of all other classes ELI
gagged in miscellaneous pursuits, 16l
voluntary and 80 involuntary.
The closed cases this fiscal year, ag-
gregating, as they do, 3SS cases, runs
ahead of all years since 1913, except
two. The figures are: 1913, 2SS: 1914,
266 1915, 344; 1916, 55S 1917, 625, and
1918, 302. The years 1916 and 1917
were not normal years, because in
those two periods one of the referees
| who had resigned and neglected the
work of filing in his closed cases had to
send in all that he could possibly finish,
referring the others to other referees.
These 1888 bankrupts owed their
creditors the stupendous amount of al
most S12,000,000, and they furnished
only million and a quarter with
which to square the account. In other
words, the creditors averaged only
about one-eleventh of what was COM
ing to them.
This total indebtedness of nearly
$12000.000, or. to be exact, S11.905.-
1898, is made up thus: 81, All ,235,55
represented by priority, secured and
lien claims, S757 ,SS2.7S Of which is vol
untary and S659,352 n involuntary.
Of the $7S5, 1866 assets obtained
from voluntary cases 256,574S1 were
disbursed in conducting the businesses,
leaving a net of S52S,990.S4. OF the
81 ,O5S, !1106 assets received from in
voluntary cases $309,910.1S went for
running the businesses, leaving $T4S,-
200.SS for creditors.
Abolish Dry Measures.
The New Jersey Association of SUI
perintendents Of Weights and Meas
ures, which held its annual convention
at Atlantic City, will seek the enact
ment of a law to abolish the use of
the dry measure in the state as me-
dunn of sale at the coming session of
legislature in Trenton.
New Jersey two years ago passed a
bill which made mandatory d certain
specified weight when commodities
were sold by dry measure. This first
step to the end of securing a bill to al
together eliminate measures eliminated
wholesale frauds, it was reported. A
few vigorous prosecutions were all that
was needed for its enforcement. 1t
was not thought advisable to have the
sweeping legislation introduced last
winter, as a process of education was
being effected.
Any small opposition which may be
developed will be overwhelmed by the
consumers, it was stated at the con-
ventiOn. Dealing by weight only is
practiced by economy stores, it is point
ed out, and in every way is more desir-
able. There will be no attempt to go
into the liquid proposition. California,
Oregon and Chicago now have such
laws in operation.
A national sale by weight law" will
be urged upon the Bureau of Standards
at Washington. The convention passed
another resolution recommending that
the Bureau of Standard take up the
matter of standard sizes of containers,
such as cans, bottles, cartons, etc, as
"a desirable step in advancing the
cause of fair dealing" Delegates
pointed out cases of gross deception
practiced upon the purchasing public
and forwarded a long petition to Wash
ington on the subject.
Unlicensed Bouts.
Complaints having been frequently
made that the state boxing law is be-
ing violated at various functions, in
that boxing exhibitions are being
staged without a state license, Prose-