Clipped from US, Maryland, Baltimore, Baltimore Sun , September 2, 1906
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is Just Closed Wanted I-airy Tales and Animal t• *yrsn»thbyenherhehele-nertrenoeyerir-rkegcbesrntineas►e-restwttoridirk•«Uit trleIdaen-t.:eiOg.i*a-?r»disitifroe.1-RECEIVERS FOR PACKERSThree Harford Countians NamedIn Bankruptcy Proceedings.MORE TO COME. IT IS SAIDFailures Said To Be The ftenult Of Effort To Corner The TomatoMarket.Paper* were given out In the clerk's office of the United Slates District Court yesterday In bankruptcy proceeding against two of the tomato growers nnd packers of Harford county, said to have be come financially Involved because of the failure to ‘•corner” the tomato pack Inst year. It Is said that 40 or more bankruptcy proceedings were contemplated, but the court officials said only the two cases made public are on the dockets. The pr ceedings were instituted a week or more ago, but Information ooncerntng them was not given out in the court until yesterday. !ecause the summonses had not been returrred Messrs. John Finney Wells and Ernest W. Bonnett, trading ns Wells Ronnett,and Edward A. Dietrich are those against whom the petitions were filed. In each case receivers were appolni?d for the asset* of the alleged bankrupts. In each case, also, the claims of the petltlontng creditors are on overdue and unpaid promissory notes. Both petitions were filed by F.lmer J. Cook, attorney. !The petitioning creditors against Wells A Bonnett. and the Amounts of tbelr claims are as follows: Maryland National Bank of Baltimore, $2,000; First National Bank of Baltimore, $000, and Merchants' National Bank of Baltimore, *1,300.fhritertovrn Bank Enjoined.Wells Sc Bonnett, the petition states, own canning houses at Woodside. Del., and Felton, Del. While the firm was insolvent, it is alleged, they committed an act ofbankruptcy August 0 by permitting the Second National Bank of Chestertown, Md., to obtain a preference over other creditors by confessing Judgment In the bank's favor. It is alleged that the firm committed an act of bankruptcy by making a deed of trust for the benefit of creditors August $ to James Archer and Edwin H. Webster, of Harford county. Injunctions were Is-sued against the Chestertown Bank and the trustees testraining them from further acting In the matters referred to In the petition, 1This petition was filed August 24. On the same day, upon the application of the petitioning bgpks, Mr. William II. Harlan, president of the National Bank of Belalr. was appointed receiver for the assets of Weils Bonnett, pending a meeting of the firm's creditors and the appointment of a trustee in bankruptcy. The petition for the appointment of a recetver stated that a large portion of the assets of the firm consists of personal property snd canning supplies located In the canning houses at Woodside and Felton, which are Ual;l» to be wasted. The receiver londed for $3.OCX).(In I ms A ico In at Mr. Dietrich.The petitioning creditors against Mr. Dietrich and the amount of their claims are as follows: First National Bank of ir Baltimore. $2,lt;*00; Merchants* Nationalv Bank of Baltimore. *1.50©. and the Citl-n sen's National Bank of Havre de Grace, *800.The petition states that Mr. Dietrich lives In Harford county, and has a cannery at Mlllikin, Prince Georges county. JId. s | August 28 was the day on which the petl-tlon was filed. A few days before that time,the petition aJleges, Mr. Dietrich commit-,ed on act of bankruptcy by secreting about 15,000 cases of canned lt;orn, which he had in his factory at MtlHkln. for the purpose of hindering, delaying ana aeirauumg u | his creditors.Upon the petition of the same creditors. Mr. Edward H. Thomson, president of the Maryland National Bank, and Mr. Harlan were appointed receivers for the assets of Mr. Dietrich pending the appointment of a trustee. The receivers bonded for *13,-000. Wi ISfel ! ^*. As has been told In Thf. Srx, tnav park era and others gave their promissory notes * in connection, it is alleged, with the attempted “corner.’* These notes have found their w’RV into the banks of this city and State. To look after the Interests of the note-mekers, a packers' credit committee was formed, of which Me. J. D. Ferguson, .president of the First National Bank, is K1 chairman, and Mr. E. H. Thomson president of the Maryland National Bank, secretary. The purpose of the committee is to see that all the creditors of the note-makers axe treated alike In the final settlement.
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