Document 1qmd6wZq1BVwxGa100knyGzq
tfOWTHLT TarPT^TEES - SkTAVTr aOLL AS 07 AUGUST 31ST- 1933: (Coat'd)
Karamc flgPAgnfmn? - operating: (contM)
Name
Position
Sals Baae
r
y salary
Rate
Adjustment
G. A. Luatoan
Chemist
Robert J. Brewster
Chemist
Entered service on full time effective Auguat lat,
1933. Carried on Daily Roll for a few months on
part time worlc.
' $300.00 140.00
174*
L. R. Meara Beryl Shields
Welfareman Seoretary to Ur. G. B. Johnson
200.00 125.00
l'S* 1? a*
Month Adjusted Salary $165.00 115.50
165.00 103.12
ANACONDA LEAD PRODUCTS COMPANY - OPERATING:
W. J. Knot
Plant Superintendent
3. A. Kayhew
Foreman
Virgil Van Tilburg
Foreman
Stanley Sudefc
Foreman
350.00 305.00 805.00 805.00
178* 173* 173* 17 4*
288.75 169.18 169.12 169.12
anaconda ante oxide department - sales oracs:
7. 0. Caae
Manager (Paid by N.Y.Office)
F. H. Hurleas
Salesman
George Anderaon
Sale asan
F. L. Brown
Salesman .
L. C. Street
S&leain
Transferred from Testing Department effective
August 1st, 1933.
E. F. Ballway
Sale wean
Transferred from Plant Cleric August lat, 1933.
Resigned on August 31st, 1933
Adella J. Dinger
Seoretary to Mr. F. 0. Case
H. H. Hlnde
Sales Cleric
Virginia L. Caldwell
Stenographer
Edna Mae Rice
Order Cleric
Evelyn Drum
File Cleric
Salary Increased from $80.00 per month, effective
March 1st, 1933. Authorized by Ur. F. 0. Case.
Helen Ohr
Typist
Transferred from Refining Department effective
April 1st, 1933
Tloasie Gondon
Stenographer
Satered aervioe July lat, 1933. Temporary employee.
1,000.00 400.00 300.00 210.00 160.00
155.00
160.00 155.00 100.00
85.00 85.00
60.00
85* 174* 17 8* 178* 178*
178*
174* 17 8* 178* 17 3* 178*
178*
750.00 330.00 247.50 173.25 148.50
127.63
132.00 127.88
32.50 70.12 70.12
66.00
Hate per day 3.00
O o o o u >
zo
ffBBTfimtM T.mGXR TXIAX HA1ABCX - AOTUST 113T. 1933 i
Um Xanufaeturlng Company Advance Paint Company Ault ant Wlborg loom Ralinlng C ompany Anaeenda Wire and Cabla Company Anarloan Terra Catta Conpany Aaarloaa Anola Conpany, Ins. Anarloan Shaat and Tin Plata Company Aaarloaa Paint and Supply Conpany Anarloan ballator Conpany L. H. Butohar and Conpany Boyar Cheniool Conpany Boatoa loran Hot a and Rubber Conpany Boasllla Iabor&torieo Bnllook Welker Xanufaotnring Company Bronn Paint Conpany Sell Caiman and Conpany Coek Paint and Ternlah Conpany Continental Prodnota Conpany Chleego Titrau Bnanol Prodnota Conpany Chanlaal Salaa Corporation Craaoont Cental Supply Conpany T. J. Ceeledge and Sons Cambridge Glaae Conpany Cartalntaed Prodnota Conpany Continental Paianoa and tile Conpany C. F. Cola Canton Glass Conpany A, Dalggar and Conpany I. I. dn Pont do lomonra and Conpany Berea and Roynalda Conpany - Chioaga HaToa and Raynolda Canpany - Brooklyn Barid X. Bonne Company Balaa Paint and Tarsiah Conpany Denman Tiro and Rubber Company Brio Railroad Conpany Rabeaaott laboratories Zlkhart Rubber Works Bagla Pltohar Bead Conpany Flreatona Tire and Rubber Conpany Faultless Rubber Conpany Ford Paint and Tarnish Conpany Federal lieatria Conpany Perbert Seharndorfer Conpany General Paint and Varnish Conpany Gllddon Conpany B. F. Goodrich Robber Company General deatrlo Conpany - Sohaneetady, X. T. General klestrlo Conpany - Bridgeport Garland Conpany Gilman Paint and Tarnish Company Garloek Paoklng Conpany General Porcelain Reamel Conpany Gates Robber Company Gatke Corporation Goheon Company Grand ledge Paint Conpany Hilton Batis Company 1. I. Harris Company A. B. Hull Pottery company Hainan Soap Conpany Inland Whits lend Company India Tire and Robber Company International laboratories Illinois csntrnl Systsm International Printing Ink Company International Printing Ink Compos? - A.X.Golden, Trustee Imperial Glasa Corporation Jasestowm Paint and Tarnish Company
Carried Forward
BEL
960.00 112.78
98.76 875.00 575.00 266.96
36.00 500.00 1.900.00 120.00
66.50 425.00 2.873.00
25.50 33.38 16.32
.266.64
3,467.62 230.00
1 100.00 933.60 39.30
1.078.00 63.25
1.840.00 36.00 6.00 60.00
3.434.64 575.00 623.75
6.900.00 43.78
1,333.54 920.00 7.00 12.75 345.00 13.69
97,566.13 460.00 230.00 25.00 230.00 91.13 ' 27.48
127,369.53 287.50
2.300.00 98.75
274.31 4.600.00
45.00 2.300.00
120.00 2,405.83
30.00 220.00
8.28 1,282.26
37.30 194.70 460.00 100.00
1.25 135.00
30.00 463.75
48.88
$273,386.96
PUYC00001316
coigns --Tir.tR TBIAX iiUKI - iUOUST 3131. 1W; (Centin*#*)
Brought Forward
Belly-Spring!leld Tire Company Kehen HeLester Company mutter Faasen Company Biefer Stewart Drug Company Eelhe Paint Company Blinker Hanufaoturlng Company Chaa. B, Long, Jr. Company LouliTllle Faint lUnufaoturlng Company Lehigh Talley Ballroal Company I. W. Logan Glass and Paint Company Hound City Paint ana Color Company Hlnneaota Kinlng and Hanufaoturlng Company Harletta Paint and Color Company Matthewa Paint Company Kollne Paint and Hanoiaeturlng Company Ht. Clemana Pottery Company Hagnolla Petroleum Company Hid Statea Hubter Company nailer Tarnish Works HsBesson Hall Tan Corder Company HsKsssen Puller Korrlaon Company HeXsason Ohurehill Drug Company HsBesson Berry lartln Company KeClan ^htmleal Company Bow York Belting and Packing Company national Fireproofing Company Watlonal Paint and Vamlah Company O'Brien Tarnish Company O'Well Duro Company Pittsburg Plata Glass Company - Hilwaukee Pittsburg Plate Glaas Company Hewark Paelllo Hatoh Company Peaalee Goulbert Paint and Tarnish Company Pope Gosser China Company Paelfle Goodrloh Bobber Company Phillip Brothers Paasona Huteheon Company Paden City Glass Company Paden City Pottery Company PennsylTanla Bailroad Company Poroelain Product a Company Qulok Serrloe Express Heading Company Blshman Chemioal Company Sherwln Williams Company Saroy Drug and Chemioal Company Seldlltz Paint and Tarnish Company Sohell Hanufaeturlng Company Standard Sanitary Kanufaeturlng Company Samuel Stamp and Enameling Cempany Sterling Tamlah Compeny Shenange Pottery Company Stark Brisk Company Sohmeltzer Paint Kasnfaeturlng Company soott Kotor Serrloe Taylor Smith and Taylor C. C. Thompson Pottery Company Uniform Chemioal Company Uniform Printing Ink Company United States Quarry Tile Company Uaon Rubber and Kamfaeturlmg Company U. S. Tire and Bobber Company - Detroit tJ. S. Tiro and Bobber Company - Indianapolis Tan Sehaak Bros. Chemioal Company Tolretlna Company Tlsooalty oil Compeny Vanoo Paint and Tarnish Cempany
Carried Forward
SB.
273,386.96
2.300.00 IB. 04
345.00 12.75 36.00 63.75
319.78 31.63 2.52 73.23
150.75 920.00 264.30 582.68
55.00 690.69 117.00
90.00 44.38 12.75 12.75 12.75 18.00 27.38 5.750.00 300.00 230.00 388.00 450.00 4.600.00 2.300.00 13.75 2,386.63
. 18.75
6,635.50 2 200.00 1.550.00
57.50 144.00 2,039.38
18.75 .50
20.13 6.00
1.035.00 33.36
773.45 255.50 434.44 1,205.30 961.44
75.00 120.00 110.81
9.00
.230.00
212.00 2 200.00
60.75 1,330.17
36.00 17,250.00
6,900.00 266.25 16.69 75.00 55.00
f 342,335.13
PNYC00001317
CPSTCBBtS T.TOCWR TBDLL BlT.iaCB - A0STJ3T 313t. 1933: (Continne4)
Brought forward
Wadsworth Howland Company Warren Company Western Faint and Tarnish Coapanj John H. Vltta and Sons Whits Cress laboratories S. o. Wageman Paint Storas Waggoner Paint Coapanj Wllsan Patterson and Gifford, United Wheeling Tile Company WeIff Company Wllllaas Bewnan Company West Tlrglnla Batoh Company WolTorlne Plnlahed Material Company Uneolleotlble leoonnts
SB
$*42,335.1*
5,3CT.SO 2.75
230.00 16.49
230.00 202.23 3,575.46 180.00 1,260.00 230.00 1,233.18 230.00 9,133.51
$364,266.47
CB. $
100.00 t-
$ 100.00
1CC0U1TS B2CBITABL1: ottsfoams T.icnr.m Past due aeesnna at August 31at, 1933, whleh wars whelly ar partly mnpald at October 31st, 1933:
lame and Remarks
Jjeerieaa Paint and Snpply Cempasy
Pallas, fexas. 7/ 173* - Inyoloe 1427
2 1,900.00
Haws a high eredlt rating, taking extended time for some unknown reaaem. Oar salesman, Kr. Brawn, will oall on them seem amt will try and make oolleetlen if the aeeeamt is net paid before his Tlsit. Considered a geed aeeeant.
Brawn Paint Company Haastom, fexas. . 10/11/32 - InTaloe 2270 (Balance) *
16.32
Hare been making eeeaalenal payments ea their eld
aeeeant and baying new material ea a C.O.S. baala. lade a payment ef $10.00 en Oetobar 3rd, 1933. Bxpeet payment ef the balance seem.
Last Faymmrt Amount
s; * -
1/11/33
129.12
Balance 8/31/38 $ 1,900.00
16.32
Cask Paint and Tarnish Cempany Kansas City, Be. 7/15/33 - Inrslse 123* (Balanos)
8/ 3/33 - Inxeiss 1230
$ 1,367.02 2,100r00
8/29/33
Paid $2,942.42 in September sad Oetobar 1933. Tatars dating terms granted. Goad aeoount.
Ball Celmam and Cempany Lang Island City, I. 7.
12/ 8/8* - InTaloe 2*2* 2/27/83 - law aims 412
$ 29.4* 148.1*
7/27/33
3/27/3* - 1stalms 82*
88.88
this has bean a high grads sensern, bat daring
the last year haws bean In flnaaelal dlfflealties.
Ill ersdlters hare agreed te glee them extended
terms ta April 1st, 1934, in aider te help than
work their way oat.
Heoent reports lndloats that soma progress has been
nude and a payment is expeeted within a fsw months.
Payment in fall is rather doabtfol.
525.00 88.8*
'
3,467.62 266.64
PNYC00001318
1C conns RK 2I7ABL2 : (Continued)
OJSIOICgES LHSB: (Continued)
Bans and Remarks
last Payit
Dat7
iaoirnt
Chemloal Saiga Corporation Buffalo, B. T. 6/ 1/33 - InTOloa 1046 6/13/33 - InTOloa 1320
7/ 1/33 - InTOloa 1327 8/ 1/33 - InTOloa 1824 8/17/33 - InTOloa 2130
# 188.00 186.40 186.40 186.40 186.40
8/ 9/33 188.00
This oanpany la our agent In Buffalo. 90 lay tarma granted. Meet thalr payments promptly aa par
tana. Good aeaount.
Balano# 8/31/33
933.60
F. J. Cooledgo and Sona Atlanta, Ga.
6/30/33 - InTOloa 1738 8/14/33 - InTOloa 2002
8/ 7/33
# 436.10 641,90
Paid #436.10 on Ootobar 16th, 1933. Uhronie ale* customer; Occasionally pay up In full. Conaldarad a eafa aaoount.
735.00
1,078.00
Continental Faienod and Tile Company So. Xlluaukee, Via.
3/23/33 - InTOloa 683 7/17/33 - InTOloa 1813
18.00 18.00
Aoocunt la In the handa of Melnhart and Villiama,
Collaatlon Agonay - Chioage, Illlnela. A payant of #4.17 waa raoalTgd In Ootobar and additional payments are axpaotad aooa. Can
al dar ad oollaotlbla.
3/23/33
63.00
36.00
C. F. Cola Staada, Via. 3/10/33 - InTOloa 537
# 6.00
Sale ude on baala of referenoea glTen but oradlt a tending not lnresti^te* before ahlpaant waa made. Unable ta Bake eolleotlea.
Bad.
-
-
6.00
Cahaaa Corporation
lewark. I. J. 5/22/33 - InTOloa 1243 (Balanoe) 7/ 8/33 - Inroloa 1663
# 1,107.33 1.301.50
Split dating tana granted; one-third In sixty daya and t*o-thiids In ninety daya. Shlpaenta nada in aarlaad lota. Heat thalr payaanta aa
par tarsa granted. Good.
8/14/33
1,958.24
2,406.83
Grand Lodge Paint Company Grand Lodge, Xlah. 6/29/33 - InTOloa 1682
# 30.00
A new aoeount. Hato a good oradlt rating and thalr reeoid for payment la good. Conaldered
oollaotlbla.
-
-
30.00 .
J. 2. Harrla Company
Vooatar, Ohio
12/29/32 - InTOloa 2770 (Balanoe) #
8.28
Soma oontroTeray pertaining ta freight ohargea
on the laat ahlpaant. Vlll be lnTeetl^ted and
neoesBary adjustment made In order to olaan up the aooonnt.
4/27/33
239.22 '.
8.28
P**C0000 1319
sCCOCBTS RBCBITUU: (Continued) r.rreanimus T.Tcnr.ttBi (Continued)
Bane and Remarks
Loot Payment
Dote1
mount
Iaperrloua Paint Work* (A.M.Gelden, Trustee)
Chloage, Illinois.
5/ 5/33 - Involoe 949
$ 30.00
4/15/33
This aooount was guaranteed personally by the Trustee, who is reliable, but, aa yet, he has not Bade paynent. The aooount Is oolieotlble and the Trustee 1b being orosded for settlement.
Imperial Glass Corporation
Bellalre, Ohio. 4/ 7/33 - InTOloe 1346 6/16/33 - Inuoloe 1472 7/28/33 - InTeloe 1986
8/ 7/33 InTOiee 2177 8/25/33 - Invo100 2328 8/27/33 - InTOloe 2366
% 63.25 230.00 57.50 57.50
40.25 17.25
usually froa thirty to sixty days 8 low. A steady oustoaer. Considered go
7/31/33
f 15.00 172.50
Moline Paint Manufaoturing Company
Moline, Illinois.
6/28/33 - InTOloe 1666
f 55.00
A new ooaaern. Mr. norton. Proprietor, was formerly in an exeeutiTO eapaolty with Montgomery, Ward and Company. A good norel risk. The business laeks working eapltal. considered oolieotlble, but
Tory a lew.
12/23/32
55.00
Seldllts Paint aid Tarnish Company Kansas City, Me. 6/30/33 - InTOiee 1732 7/26/33 - InTOiee 1991 7/31/33 - InTOloe 2179 8/15/33 - InTOiee 2146 8/31/33 - InTOloe 2446
| 210.94 140.63 257.81 117.19
46.88
8/25/33
Made a payment of $210.94 in September, but hare made purchases te offset this amount in September and Ootober. Their record for payment has bean Tory good, but hart bean slew this year due to funds being tied up in a bank failure. Considered
good.
Samuel Stamp and Buaellng Company
8/16/33
Chattanooga, Tama. 5/19/33 - InTOiee 1383 (Balance)
$
3.30
6/ 2/33 - InTOiee 1196
120.00
6/13/33 - Inrolee 1414
60.00
6/26/33 - InTOiee 1688
60.00
7/14/33 - Inrolee 1881
120.00
7/18/33 - Insoles 1985
120.00
7/25/33 - Inrolee 2109
60.00
7/31/33 Inroloe 2233
120.00
8/16/33 - Inroloe 2192
120.00
8/ 2/33 - Inroloe 1882
120.00
8/23/33 - Inroloe 2326
120.00
8/30/33 - Inroloe 2416
60.00
8/31/33 - Inroloe 2456
120.00
A large 0 on earn with a very good oredlt rating and
financial statement. Slew at present due te bank
ing difficulties. A good oustoaer and considered
thoroughly reliable. Made payments In September
and Ootober suffloient te oover ourrent purohases.
328.13 450.00
1 Balanee 8/31/33 $ 30.00
465.75
55.00
773.45
1,203.30
PNVC00001320
1CC0U1T3 RBSZIT1BLB: (Continued) CU3T0HBBS HOOKS: (Continued)
Im ami Remarks
Last tornt
Pat#
jjtBTI TTt
Balsas* 8/31/S3
Smeitser Paint Manufacturing Company
- <-
Portland, Oregon.
3/10/33 - Invoioo 609 3/10/33 - Invoioo 611
* 31.25 62.50
3/21/33 - Invoioo 735
17.06
Ih*lr financial statement indloatea that tha
business la operated on Insufficient eapltal. Our Agents, 1. 3. Butoher and Company San Frsnolsoo, California, art assisting la the oolleotlon of this aooount. 1 payment
of <30.00 was reoelTed la September and at that time they promised an early renlttane* on the balance. Considered collectible.
f 110.B1
Wilson, Patterson and Gifford, Limited
Montreal, Canada. 12/31/31 Involoa 3030 (Balanoe) 1/16/32 Invoice 175 2/ 9/32 Involo* 82
2/ 9/32 Invoice 86 2/29/38 Invoice 630 6/ 1/32 Involoo 516 6/30/32 Invoice 976
5/31/3* Invoice 1569 7/11/32 Invoioo 659
10/11/38 Invoice 2138 6/10/33 Invoioo 526 6/16/33 Invoice 1282 7/31/33 Invoioo 2227
626.01 61.50
298.31 392.18
829.50 181.53
5.05 767.67
30.32
15.16 202.13 606.25
3.05
This Company has been operating under the euperTlsloa of a Creditors Committee sine* lovtmker 28th, 1931. Srtenalon agreements have keen
granted to oontlnue tha buslasss under this plan. The last meeting *f tha Creditors
Committee was held Ootoker 13th, 1933, at which time a 10> dluldond was declared, and payment of <366.85 was reoelTed October 25th, 1933. The committee reports business Improvement and
continued progress, and state that prospects are favorable for future dividends. Current purohases have been paid promptly. The eld balanoe will be transferred t* 'Uncollectible Accounts' as soon as the status of the aooount has keen established. Xrpeot to eventually oelleet a great part. If not all, of this aooount.
Wolff Compaq
Uhloage, Illinois 7/ 5/33 - Invoioo 1563 7/17/38 - Invoice 1797 7/31/33 - Invoice 2151 8/16/33 - Invoice 2036
< 315.00 315.00 315.00 315.00
Limited orodlt granted. Make payments on old aeoonnt as now material la delivered. The
aboTo lnroleos ware paid In September and Ootober and new lnvoloes amounting to <1672.63 make up the Ootober 31mt, 1933, balanoe. This Is sn old oonoers with s good orodlt rating. Usually about sixty daya slew. Considered a oafs aooount.
7/ 8/33 8/15/33
396.58
3,575.66
. .
315.00
1,260.00
PNYC00001321
aCCOUITS BKCKITABU: (Continued) CUSTnrssa T.morB: (Continued)
UBCOmCTIBEE ACCOUWTS :
The following alow and doubtful aooounts In the Custom ora Ledger ere oerrled under an
eooount - "Uhoolleotlble Aooounts*, the statue of which has been established. Ihe Companies hare gone Into bankruptoy, reoelvershlp, or ere operating under Creditors Agreements, end oooeelonel dividend payments ere reoelved.
- lame and Restarts
Last Payment
Date
Amount
Balanoe 8/31/33
Amerloan uhlnaware Company Setorlog, Ohio 8/26/31 - Involoo 2142 (Balanoo) 9/28/3I - Involoe 2671
8 141.49 144.38
8/ 4/32
8
2.89
8 285.87
This Company went into bankruptay on Ootober 5th, 1931. Hugh Welle, appointed Trustee. Our claim
was filed on Ootober 27th, 1931. A 1/C dividend waa paid In August 1932. A tax olala Is still pending and there Is some possibility of another dividend, though likely to be very small. Host
of this eooount will be unoolleotlble.
Delaware floor Produota Company
Wilmington, Delaware. 7/25/30 - Involoe 1845 (Balanoe) 9/15/30 - Involoe 2235 (Balanoe)
$ 1,300.00 1.300.00
-
On Hovember 10th, 1930, John 7. Potter, President
of the Company, was appointed Eeeelver te work
out a plan for reorganisation. The Company was
reorganised and the plan approved by the or41 tors,
and our approval was duly executed by the off leers
of the Company, as per Hr. James Dloksoa's lstter
of August 18th, 1931, te Mr. F. S. Stelte. Under
the plan of reorganisation the general creditors
reoelve 8300.00 seoond mortgage bonds sod five
.
shares of ooomon stoek for eaeh |1,000.00 olala.
The following securities, te cover our olala, have
been reoelved, and mailed te the lew Tork Offloe:
Seoond Kortgago Seoond Kortgago Seoond Kortgago Seoond Kortgago
Bondle. A57* f 1,000.00
BondWe. 1579
BondIo. A971
500.00
Bond Io. A11T1
100.00
Common Stoek Certlfleate le. 308 for 2d Shares.
In aocordanoe with Instructions received from the lew Tork uffloe, ono-half of the asoeunt of 85,200.00 was oharged to "Beserve f<r Bad Debts* in 1931.
Walter J. Binder, President of the Comp any, in his
letter of February 2nd, 1933, to stockholders, states that business has been dulto satisfactory under present conditions and that a small profit was made In 1932. He Is very optimistic as te company's future and with continued progress may eventually be able to make sub stantial payments te Its creditors.
R. F. Johnson Paint Company Clnoinnatl, Ohio. 7/11/30 - Involoe 1752 (Balanoe)
8 182.90
4/ 5/33
This company went into the hands of a Boo elver and our claim was filed with William A. Call, Beeelver, on December 22nd, 1930. All assets of the Company were cold at Public Auction on Deoember 14th, 1931. A 5* dividend was reoelved Kay 25th, 1932, and the above payment of 812.33 represents a 6jk dividend. An In fringement suit is still pending In oourt and final dividend oannot be declared until this suit has been
settled. Another small dividend may be expeoted.
- 2,600.00
1,000.00-
12.33
182.90
PNYC00001322
Accormrs RMCBITABLB: (Continued)
CU8T01BB3 LEDGER: (Continued) CgCOLLECTIBLE ACCOUBTS: (Continued)
Hams end Remarks
Lent Payment
PatT
jjeount
'northwestern Terru Cotta Company Chloago, Illlnola. 5/ 9/31 - Invoice 1163
$ 375.00
1/27/31
On June 4th, 1931, the Court appointed ae oo-Reoelver, H. J. Lueaa, and the Chloago Title and Trust Company, and the business Is being oontlnued on a curtailed basis under the reoelvership. A reorganization plan has been proposed. X general oredltors sooting Is to be
hold on Hovenber 29th, 1933, to revile this plan. Under the reorganization the oredltors are to
reeelve one share of oonaon stook for eaoh $20.00 of their elals. Authorised Capital to be 250,000 shares at $1.00 par vans. The recovery on this
aoeount sill likely be very small.
$ 626.13
Ohio Tarnish Company Cleveland, Ohio. 5/29/31 - Invoice 1641 (Balanoe)
6/22/31 - Invoioe 1560
7/21/31 - Invoioe 2091 8/31/31 - Invoioe 2136 9/ 1/31 - Invoioe 2349 9/28/31 - Invoioe 2637 10/29/31 - Invoioe 2576 11/ 9/31 - Invoioe 2865
$ 1,139.47
1,545.31 364.08 485.44 41.50 19.50 341.88
93.50
5/11/33
Vent Into reoelvership on lovember 5th, 1931.
Wllllaa L. Day being appelated Bsseivsr. Our proof of olala sas filed on January 29th, 1932. Sals of the Company's assets sas approved by the U. S. Olstriot Court of Cleveland on January 15th,
1932, te a Syndloate headed by Oee. V. Yaa Caap, J. X. Bateman, Leon A. Bobbins and T. M. Clapp, for a consideration of $130,000.00; payments te be
made as follows:
IT ,000.00 upes confirmation of sale, and start ing with Hay 1st, 1932, the balance Is payable in quarterly Installments ef $8,000.00 with
Interest at 6%, and to be paid In full an or before lovember 1st, 1934. The sale does net lnolude loocunts Receivable, whloh have beam assigned to Its depository. A mew Corporation
has been organised under the nans of Chl-Iaael Company. A 2)6 dividend of $84.61 was resolved Ootober 9th, 1933, and the above payment represents a 3> dividend. A further distribution la sshedulad
for June 10th, 1934. The total recovery will be exceedingly small.
126.91
Wheatley Rubber Company
Ton du las, Wisconsin 11/ 1/29 - Invoioe 14689 (Balanoo) $
563.34
1/17/30
563.33
This business has been handled by a Creditors' Committee slnoe Way 1930. In a letter of September 14th, 1932, from Mr. A. S. Peulloher, Chairman Creditors Committee, he states that he Is afraid that the creditors have lost any opportunity of resolving dividends on their elalms. Considered
bad.
p^COOOOl*^
Balance 8/31/33 $ 375.00
4,030.60
563.34
ICCOOdTS RECEIVABLE: (Continued) CUSTOMERS T.moER: (Continued) UICOLLECTIBLE ACCOUNTS: IContinned)
Hame and Remarks
Last Payment
Pat?
Amount
Fidelity Slmendorf Varnish Company Chioago, Illlnola 9/13/32 - inTOioe 2125
$ 18.00
Continuing business under a Creditors' Agreement. Andres K. Lindas, Trustee. Trustee's letter of May 17th, 1933, states that present ourrent
expenses only have been earned and nothing for
distribution to old creditors. Prospeots are not favorable, but sith oontinued operations may eventually reoeive part of the aooount.
Very doubtful.
-
f
P. A. Sblnger Sanitary Company Columbus, Ohio
11/ 3/32 - Involoe 2563
$ 57.50
Operating under a reoelvershlp. Co-Reoelvers, Prod J. Hear and W. H. Bodurtha. Their letter of July 25th, 1933, states that some profit was made in the six months ending June 30th, 1933, and if permitted to oontinue in business have fair prospeots of working out,
but if forced into liquidation very little oould be saved for the oredltors. It now seems possible that liquidation will tale plaoe as three of the larger oredltors have filed a petition for Involuntary bankruptcy. Consider this aooount very doubtful.
R. T. Pender Company
Dew Orleans, La. 5/16/32 - Involoe 12*1 (Balance)
$
11/25/32 8.40
Material sold for sample purposes and oredlt not investigated. Corporation is being dissolved. The above payment represents a 30)1 dividend. Further dividends are very unlikely. Bad.
3.60
David d. Fedor Corporation Chisago, 111. 11/14/31 - involoe2935 (Balanoe) 12/ 2/31 - Involoe2702 12/22/31 - Involoe2944 1/27/32 - Involoe 345 2/11/32 - Involoe 144 3/ 4/32 - Involoe 489
$
24.00 33.75 33.75 32.50 32.50 28.75
The business is in the hands of a Creditors' Committee; H. W. Cline, Trustee. The above payment represents a 5> dividend. Mr. Cline's latter of August 21st, 1933, states
that Insufficient funds have aeorued from the oolleotlon of Aooounts Resolvable to even pay a dividend. A small dividend may eventually be expeeted as a final settlement. A bad aooount.
9/30/32
9.75
Balanoe 8/31/33 | IB.00
57.50
8.40 185.25
PNYC0000132*
ACCOUHTS RECEIVABLE: (Continued) CUSTOMERS LEDGER: (Continue!) UNCOLLECTIBLE ACCOURTS : (Continued)
Hame and Remarks
Last Paymmot
Pete
mount
WllliamB Hayward Company
10/24/32
Chloago, ILL.
4/28/32 - Involoe 890 (Balanee) $ 46.88
5/14/32 - InToloe 1191
48.13
6/28/32 - Invoice 1496
48.13
9/ 1/32 - InToloe 2089
29.63
10/11/32 - Involoe 2174
49.38
Involuntary petition in Bankruptcy filed february 16th, 1933. Chester A. Willoughby was appoint ed Reeelver by the Court. Our olalm was filed
April 29th, 1933, far $222.15. A 20* dividend paynent of $44.63 was received on September 6th, 1933. Some additional dividends are expeoted, but most of the aooount will be a less.
# 49.38
Impervious Paint Worts
Chloago, ILL. 6/29/33 - Invoice 1508
$ 120.00
Operating under a Creditors' Agreement. Trustee appointed by Chloago Association of Credit Has, Adjustment Bureau. W. E. Kerr - Director Business Servlos, was appointed Trustee. A 7* dividend of $8.40 was reoelved Eovember 7th, 1933. further dividends will be paid but the total recovery will be small.
6/28/32
125.00
India Tire and Rubber Company
Ahren, Ohio. 1/17/33 - Involoe 235 2/10/33 - Involoe 154
$ 115.00 113.00
2/21/33
Went Into Receivership Mareh 22nd, 1933. Paul Welot was appointed Reeelver. W. 0. Klaus, Manager, resigned and was later appelated Agent for Hie Reeelver and the business oontlnued under his management. Our elalm was filed April 10th, 1933.
An attempt has been made to foroe the oampany Into involuntary bankruptcy, and there has been oanalderable conflict between two factions who are striving for eontrol of the business through pur-
ohase. Aoeeptanee of purohase offers and liquidation await deolslon of the oourts. Appointment of a federal Reoelver and Aoeeptanee of Creditors' Committee bid of $600,000.00 for the assets of tbs company were dsmled by federal Judge Paul Jones on September 13th, 1933. On Ootober 23rd, 1933, J. X. Bowlley was appointed Co-Reoelver In Common Pleas Court. He represents ereditoxm with olalms of $650,000.00, and Is given equal rights with Paul Welek, who was appointed In Marsh, 1933. lew Proof of Claim and Poser of Attorney was filed
July 17th, 1933, with Hugh Wells - Cleveland Assoelatlon of Credit Ken, who will handle our olalm. A substantial dividend should be reoelved on this aooount.
287.50
PN7C00001325
Balanoe 8/31/33 $ 222.15
120.00
230.00