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V O L . x x x v i i i . No. 2 5 . Pntltehefl ETBTT Sat, ty Eflwarfl Lyra Bill at 1 Madison Are, Hew Tort, June 18,1904.
TERRE HAUTE COMPANY ASSIGNS.
CREDIT MEN'S CONVENTION.
CHANGE OF MEETING PLACE.
Many Important Papers Read—The Debate on
Credit Co-operation Interesting.
The annual convention of the National Credit
Men opened at the Hotel Savoy, New York, on
Wednesday. The address of welcome on behalf
oi New York City, was made by Oscar S. Straus,
President of the New York Board of Trade and
Transportation, and a happy response on behalf
of the association was made by O. G. Pessenden,
of Hayden, Wheeler & Co., New York. An ad-
dress was also made by Stephen M. Griswold,
President of the Union Bank, of Brooklyn. On
Thursday ex-Judge Julius Mayer delivered an
address, and yesterday Edward D. Page spoke.
The debate on the credit co-operation plan,
which is expected to be the feature of the con-
vention, was set for yesterday. The friends of
'^the old-style commerqjal agencies have been
marshaling their forces against the plan, and a
bitter fight is expected. The advocates of the
plan claim a majority of the delegates.
BELL PIANO CO. REORGANIZED.
New Officers
Elected—The
Developed.
Business
To Be
The Bell Piano Co. have just been reorganized
and the officers elected at the last meeting are
as follows: Antonio Nigri, president; Angello
Mannello, treasurer, and Frank V. Romagiia,
vice-president and secretary. It is proposed to
conduct the business on more modern lines, so
as to make the Bell pianos more widely known,
and their merits better appreciated. The new
men interested in the company have wide ex-
perience in the musical field, and a new era may
now be said to have opened for this institution.
MEN WANTED MORE SUMMER HOLIDAYS.
(Special to The Review.)
Ann Arbor, Mich., June 13, 1904.
Before J. C. Henderson, manager of the Ann
Arbor Organ Co., left town last week he an-
nounced that owing to the business demands
the employes would be given only one Saturday
afternoon off during the summer months, instead
of every Saturday afternoon, as was the custom
a year ago. For this reason twenty-five of the
employes went on "strike." On the return of
Mr. Henderson from his business trip he had a
conference with the men and he announced that
the company will grant the Saturday afternoons
throughout the summer. Of course this misun-
derstanding would not have occurred were Mr.
Henderson in town. The facts are that the Ann
Arbor Organ Co. are very busy and are de-
eirous of securing all available hours of labor.
INCORPORATED IN CHICAGO.
The Reiter-Howard Reed Pipe Organ Co.. of
Chicago, 111., was incorporated this week with
the Secretary of the State of Illinois, with a
capital stock of $10,000, for the purpose of manu-
facturing and dealing in musical instruments.
The incorpora+ors are: Frank Reiter, Wm. H.
Howard and John P. Lundell.
Members of the National Association of Piano
Dealers of America Requested to Express
Their Preferences.
At the last annual meeting of the National
Association of Piano Dealers it was voted to hold
the next meeting at Saratoga. Since then it
has developed that the hotels of Saratoga do not
open for the season until late in June; this has
given rise to some discussion as to the advis-
ability of making a change.
With reference to changing the place of meet-
ing for the next year, the members are respect-
fully asked to note Article VI., Section 1, of the
By-Laws, referring to this matter, which ex-
pressly provides a method for making a change,
if so desired.
The president and members of the executive
beard will be pleased to hear from the different
members as to their desire of making a change
from Saratoga, and, if there is sufficient inter-
est, the matter will be taken up by the executive
committee and a vote by mail will be called from
the members, according to the By-Laws.
All communications should be sent to the sec-
retary, George B. Bradnack, Middletown, N. Y.
INTERESTING INSTALMENT CASE.
According to the Decision of Judge Bunn It
Must Be Proved That Burned Goods Were
Exempt, Otherwise Claim Must Be Paid.
(Special to The Review.)
St. Paul, Minn., June 13, 1904.
Judge Bunn has just handed down a provis-
ional judgment in favor of the Duluth Music
Company for $222.30 against Andrew D. Ander-
son and the Capital Fire Insurance Company, the
latter as garnishee, holding that it is necessary
to show that goods destroyed by fire were exempt
from execution before the money collected from
the insurance, companies can be held to be like-
wise exempt.
The residence of Anderson was damaged by
fire and included among the damaged or ruined
articles was a piano on which the music com-
pany had a claim to the amount mentioned. An-
derson settled his claim with the insurance com-
pany for $400, and made the defense in court
that his loss of exempt goods to this amount
was an offset to any possible claim of the music
company. Judge Bunn holds that Anderson must
prove his assertion and that if he cannot the
amount received from the insurance company is
subject to execution.
HANDLE CHASEHACKLEY LINE.
Indebtedness is Estimated at About $7,OOP—
The Business Turned Over to the Smith &
Nixon Co., Who Will Manage It in Future.
(Special to The Review.)
Terre Haute, Ind., June 14, 1904.
The Smith & Nixon Piano Co. are now in con-
trol of the business of the Terra Haute Music
Co., 7th and High streets, this city. The latter
concern made an assignment on Wednesday.
The action was taken because of the failure of
the company to meet debts, the creditors number-
ing about twenty, most of them being music deal-
ers.
The Terre Haute Music Co. was established
here some months ago, J. F. Dennis, of Muncie,
being at the head of it. Mr. Dennis formerly
owned a music company in Muncie, which failed.
In April he sold the Terre Haute Music Co. to
H. B. Gay. The business was involved at that
time but Mr. Dennis agreed to make good the in-
debtedness. Time passed, however, and the bills
remained unpaid. The credit of the company be-
came bad, and the creditors were pushing Mr.
Gay for their money, the total indebtedness being
about $7,000. In order to escape becoming more
deeply involved, he asked that the Smith & Nixon
Co., of Cincinnati, take over the business, and
the matter was arranged by Attorney Homer Tay-
lor.
H. C. Kibbey, representing the Smith & Nixon
Co. and the other creditors, took over the busi-
ness a few days ago. Meantime Mr. Dennis, who
is now conducting the Wabash Music Co., on
Wabash avenue, between 8th and 9th streets,
satisfactorily arranged with Mr. Gay for the
settlement of the debts which accumulated prior
to the sale of the business. The Smith & Nixon
Co. will sell the stock of goods, and will reopen
the store for this purpose.
ESTEY COMPANY LOAN PIPE ORGAN.
[Special to The ltevlew.]
Northfield, Mass., June 13, 1904.
Through the courtesy of the Estey Organ Com-
pany, of Brattleboro, V t , a fine pipe organ is
being set up in the auditorium for use in the
summer conferences. It is one of their finest
instruments, and when completed will be 18 feet
high, 15 feet wide and 11 feet deep. This will
add greatly to the attractiveness of the musical
program, as the acoustic properties of the audi-
torium are nearly perfect.
DUTY ON PIANO PLAYERS.
The F. W. Ehart Music Co. of Coffeyville. Kan.,
are building up a splendid piano trade in the oil
district. They are handling the Chase-Hackley
line, and are destined to develop into n very
prosperous institution.
The customs authorities of Hamburg, Ger-
many, have juet handed down a ruling that
pianolas or i;iano players imported into the Ger-
man Customs Union are to be dutiable at the
rate of 15s. per cwt., under No. 15a (1) of the
German tariff. Manufacturers of piano players
will doubtless be interested in this decision.
C. E. Byrne, the prominent piano manufac-
turer of New York, will reside during the suni-
nifi 1 months at his country home. Ozone Heights,
L. I. He will come in to business every day.
Wm. E. Wheelock. of the Weber Piano Co.,
will occupy his summer home this week near
Willimantic, Conn,