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Evening Journal
Wilmington, New Castle County, Delaware
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Bankruptcy referee confirms sale of most assets from defunct brokerage H. L. Evans & Co., except real estate and copper stock due to price objection; quirky delay on match safe delivery; bank stock transferred.
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Herbert L. Rice, attorney, has not yet obtained possession of the one time Evan's match safe, although he bought it in on a bid of $2.50 at the sale of the assets of the defunct brokerage firm of H. L. Evans & Company, on Tuesday. When he will get the article, which by the way is gold, instead of silver, is problematical.
Arthur W. Spruance, referee in bankruptcy, this morning confirmed the sale of all the assets of the defunct brokerage firm except two of the tracts of real estate and 5000 shares of Colonial Copper stock which went to James Q. Bonner on a bid of $16. David J. Reinhardt, of counsel for Mr. Bayard, trustee in bankruptcy, objected to the confirmation of the sale of the stock on the ground that the price was inadequate. Mr. Spruance will hear testimony in the matter on next Friday. Confirmation of all the property sales will be made by Mr. Spruance in a few days.
The most valuable asset of the estate, ten shares of stock of the National Bank of Delaware, was turned over to Thomas T. Weldin this afternoon upon payment of $2,221.
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Delaware
Event Date
Tuesday And Following Days
Story Details
Attorney Herbert L. Rice bid $2.50 on a gold match safe from the sale of defunct brokerage H. L. Evans & Company's assets but has not received it. Referee Arthur W. Spruance confirmed most sales except two real estate tracts and 5000 shares of Colonial Copper stock sold to James Q. Bonner for $16, over objection by David J. Reinhardt for trustee Mr. Bayard on inadequate price; hearing set for next Friday. Ten shares of National Bank of Delaware stock sold to Thomas T. Weldin for $2,221.