Music Trade Review
Issue: 1897 Vol. 24 N. 25 - Page 7
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE NEW YORK
PUBLIC LIBRARY
j
ASTOR, LENOX AND
<_ TILDEN FOUNDATIONS.
VOL XXIV.
N o . 25.
Published Every Saturday, at 3 Bast Fourteenth Street. New York, June 19,1897.
fvoo PER YEAK
SIN OLE COPIES, 10 CENTS
Can Pay 30 Per Cent.
George Dearborn's Will.
The ^Eolian Quarterly.
ASSIGNEE OF THE CENTURY PIANO COMPANY
MAKES A REPORT—FUTURE PROSPECTS
GOOD.
[Special to The Review.]
Philadelphia, Pa., June 17, 1897.
The will of the late George E. Dearborn,
piano dealer, was admitted to probate this
morning. Mr. Dearborn was at one time
wealthy, but was forced to make an assign-
ment to George R. Fleming in April last
for the benefit of his creditors. It is not
known how much can be saved from the
wreck of his fortune.
"It is my desire," says the testator,"and
I do hereby order and direct that my body
be cremated in any crematory in Philadel-
phia." He bequeaths $50,000 to his wife
Abbie; $15,000 to his grandchildren, Ar-
thur, George and Reyborn Smith, and
$5,000 to his daughter, Marion G. Gorham.
The residuary legatees are Abbie H. Dear-
born, Ella Frances Smith and Marion
Gorham.
AN UNIQUE CONTRIBUTION TO MAGAZINE LIT-
ERATURE— INTERESTING ALIKE TO THE
STUDENT AND /KOLIAN INTERPRETER.
[Special to The Review.]
Minneapolis, Minn., June 15, 1897.
H. O. Peterson, assignee of the Century
Piano Co., has made and filed his partial
report in the trust, and has asked the court
that he be allowed to declare a partial
dividend of 30 per cent. He makes no
specific demand for his fees, but leaves
them to the discretion of the court. The
fees of his attorneys are $2,500.
The report shows that there has been a
vast amount of work accomplished. The
company assigned June 20, and already the
bulk of the work has been done. In the
first place, the court ordered a bulk sale
of the stock, and $8,000 was all that was
offered. The assignee asked to sell in
single pieces, and the result was that by
his personal efforts, three times as much
was secured, and there are still 40 pianos
to be sold.
One important matter is in the disallow-
ance of claims. The assignee disallowed
$17,000 of claims,and of this amount $5,000
have failed to appeal within the time al-
lowed, and of the balance, not over $1,500
can secure payment on appeal. The ex-
pense in operating the factory was $4,147.-
21, which will result in an immense profit,
because the raw material was made up,
which will clear considerable, all the 40
pianos now on hand and some sold being
from that factory. April 27 the last piano
was finished and the factory was closed.
Up to June 9, the assignee collected $37,-
616.58 in cash, besides compromisingmany
matters which brought in actual assets to
the trust.
One of the most important pieces of
work was in connection with the collaterals
put out by the companies for loans. The
company had $12,000 of equity in these,
and in order to get the money the assignee
arranged with the holders that he might
collect them. He reports that he has col-
lected $12,178.72, and the holders have
agreed to allow the assignee to continue to
collect, with the result that not only will
the credits be lessened but an advance over
the $12,000 secured to the creditors remain-
ing. The matter will be heard at special
term.
Mason & Hamlin at Chautauqua.
An interesting item of news this week
is the shipment to Chautauqua of many
Mason & Hamlin pianos and organs, the
whole numbering more than a score of
instruments. The membership of this
popular institution is well into the hundreds
of thousands and during the summer sea-
son of each year myriads of people find
their way to the Chautauquan's Mecca,
where pure air, pure teaching and pure
influences, lay and clerical, can be absorbed
in quantities to suit all tastes and tem-
pers. In the midst of this exhilarating
atmosphere Mason & Hamlin have built a
number of small houses called "Practice
Cottages." In these structures pianos and
organs are placed, and members of the
Association so inclined can play secular
and sacred music to their hearts' content
"from early morn to dewy eve."
Young men and maidens in quest of
a musical education wend their way each
summer to these cottages from every point
of the compass, not infrequently traveling
thousands of miles to embrace the oppor-
tunity. Prof. W. H. Sherwood and his
assistants take these harmonic pilgrims
in charge and it is said that his success has
been such that musical discord at Chau-
tauqua is practically unknown.
Healthy, well-judged enterprise on the
part of the ^Eolian Co. has brought about
the first issue of a new periodical entitled
The /Eolian Quarterly, a magazine de-
voted to analyses and descriptions of the
operatic and classical music published for
the ^Eolian. No. 1 contains a number of
interesting articles by Henry T. Finck
and others, including a history of "Lohen-
grin," also the story, and musical selections
as prepared for the .*Kolian, the whole
described by Mr. Finck. Literary descrip-
tions are given of Saint Sacns' "Danse
Macabre" or "Dance of Death; " Rossini's
"Overture to William Tell;" Beethoven's
"Moonlight Sonata; " Gounod's "Faust,"
embracing the history, story, and musical
selections; Schubert's "Erl-King; " Greig's
"Peer Gynt; " Felix Mendelssohn-Barthol-
dy's "Consolation and the Poet's Harp"
—one of the most beautiful, as well as
familiar, of the forty-eight "Songs With-
out Words," and Raff's "Leonore Sym-
phony."
The idea of telling the story, in a bright,
breezy way, on which each of these famous
compositions is based, and then explaining
the yEolian's unique method of exact inter-
pretation, is clever and sure to be appreci-
ated. As a legitimate and useful plan for
bringing the possibilities of the yEolian
prominently to notice it must prove to be the
very best. It is announced that special feat-
ures are to be added to the next quarterly
issue.
Piano Factory in Glenbrook.
[Special to The Review]
Glenbrook, Conn., June 15, 1897.
The erection of a factory has just been
commenced in this town by John A.
Holmes for Mr. Lange, who will engage in
the manufacture of pianos. Mr. Lange is a
graduate of the Steinway and Weber
factories and is a thorough workman who
should succeed in turning out first rate
instruments. The people of this town
expect to see the Glenbrook piano factory
and the Lange piano rise rapidly to great
Richard M. Walters, the popular piano fame among musical people. The citizens,
man, will leave town to-day for an extended it is expected, will support the new enter-
prise very liberally.
sojourn at Richfield Springs.
THE NEW YORK
PUBLIC LIBRARY
j
ASTOR, LENOX AND
<_ TILDEN FOUNDATIONS.
VOL XXIV.
N o . 25.
Published Every Saturday, at 3 Bast Fourteenth Street. New York, June 19,1897.
fvoo PER YEAK
SIN OLE COPIES, 10 CENTS
Can Pay 30 Per Cent.
George Dearborn's Will.
The ^Eolian Quarterly.
ASSIGNEE OF THE CENTURY PIANO COMPANY
MAKES A REPORT—FUTURE PROSPECTS
GOOD.
[Special to The Review.]
Philadelphia, Pa., June 17, 1897.
The will of the late George E. Dearborn,
piano dealer, was admitted to probate this
morning. Mr. Dearborn was at one time
wealthy, but was forced to make an assign-
ment to George R. Fleming in April last
for the benefit of his creditors. It is not
known how much can be saved from the
wreck of his fortune.
"It is my desire," says the testator,"and
I do hereby order and direct that my body
be cremated in any crematory in Philadel-
phia." He bequeaths $50,000 to his wife
Abbie; $15,000 to his grandchildren, Ar-
thur, George and Reyborn Smith, and
$5,000 to his daughter, Marion G. Gorham.
The residuary legatees are Abbie H. Dear-
born, Ella Frances Smith and Marion
Gorham.
AN UNIQUE CONTRIBUTION TO MAGAZINE LIT-
ERATURE— INTERESTING ALIKE TO THE
STUDENT AND /KOLIAN INTERPRETER.
[Special to The Review.]
Minneapolis, Minn., June 15, 1897.
H. O. Peterson, assignee of the Century
Piano Co., has made and filed his partial
report in the trust, and has asked the court
that he be allowed to declare a partial
dividend of 30 per cent. He makes no
specific demand for his fees, but leaves
them to the discretion of the court. The
fees of his attorneys are $2,500.
The report shows that there has been a
vast amount of work accomplished. The
company assigned June 20, and already the
bulk of the work has been done. In the
first place, the court ordered a bulk sale
of the stock, and $8,000 was all that was
offered. The assignee asked to sell in
single pieces, and the result was that by
his personal efforts, three times as much
was secured, and there are still 40 pianos
to be sold.
One important matter is in the disallow-
ance of claims. The assignee disallowed
$17,000 of claims,and of this amount $5,000
have failed to appeal within the time al-
lowed, and of the balance, not over $1,500
can secure payment on appeal. The ex-
pense in operating the factory was $4,147.-
21, which will result in an immense profit,
because the raw material was made up,
which will clear considerable, all the 40
pianos now on hand and some sold being
from that factory. April 27 the last piano
was finished and the factory was closed.
Up to June 9, the assignee collected $37,-
616.58 in cash, besides compromisingmany
matters which brought in actual assets to
the trust.
One of the most important pieces of
work was in connection with the collaterals
put out by the companies for loans. The
company had $12,000 of equity in these,
and in order to get the money the assignee
arranged with the holders that he might
collect them. He reports that he has col-
lected $12,178.72, and the holders have
agreed to allow the assignee to continue to
collect, with the result that not only will
the credits be lessened but an advance over
the $12,000 secured to the creditors remain-
ing. The matter will be heard at special
term.
Mason & Hamlin at Chautauqua.
An interesting item of news this week
is the shipment to Chautauqua of many
Mason & Hamlin pianos and organs, the
whole numbering more than a score of
instruments. The membership of this
popular institution is well into the hundreds
of thousands and during the summer sea-
son of each year myriads of people find
their way to the Chautauquan's Mecca,
where pure air, pure teaching and pure
influences, lay and clerical, can be absorbed
in quantities to suit all tastes and tem-
pers. In the midst of this exhilarating
atmosphere Mason & Hamlin have built a
number of small houses called "Practice
Cottages." In these structures pianos and
organs are placed, and members of the
Association so inclined can play secular
and sacred music to their hearts' content
"from early morn to dewy eve."
Young men and maidens in quest of
a musical education wend their way each
summer to these cottages from every point
of the compass, not infrequently traveling
thousands of miles to embrace the oppor-
tunity. Prof. W. H. Sherwood and his
assistants take these harmonic pilgrims
in charge and it is said that his success has
been such that musical discord at Chau-
tauqua is practically unknown.
Healthy, well-judged enterprise on the
part of the ^Eolian Co. has brought about
the first issue of a new periodical entitled
The /Eolian Quarterly, a magazine de-
voted to analyses and descriptions of the
operatic and classical music published for
the ^Eolian. No. 1 contains a number of
interesting articles by Henry T. Finck
and others, including a history of "Lohen-
grin," also the story, and musical selections
as prepared for the .*Kolian, the whole
described by Mr. Finck. Literary descrip-
tions are given of Saint Sacns' "Danse
Macabre" or "Dance of Death; " Rossini's
"Overture to William Tell;" Beethoven's
"Moonlight Sonata; " Gounod's "Faust,"
embracing the history, story, and musical
selections; Schubert's "Erl-King; " Greig's
"Peer Gynt; " Felix Mendelssohn-Barthol-
dy's "Consolation and the Poet's Harp"
—one of the most beautiful, as well as
familiar, of the forty-eight "Songs With-
out Words," and Raff's "Leonore Sym-
phony."
The idea of telling the story, in a bright,
breezy way, on which each of these famous
compositions is based, and then explaining
the yEolian's unique method of exact inter-
pretation, is clever and sure to be appreci-
ated. As a legitimate and useful plan for
bringing the possibilities of the yEolian
prominently to notice it must prove to be the
very best. It is announced that special feat-
ures are to be added to the next quarterly
issue.
Piano Factory in Glenbrook.
[Special to The Review]
Glenbrook, Conn., June 15, 1897.
The erection of a factory has just been
commenced in this town by John A.
Holmes for Mr. Lange, who will engage in
the manufacture of pianos. Mr. Lange is a
graduate of the Steinway and Weber
factories and is a thorough workman who
should succeed in turning out first rate
instruments. The people of this town
expect to see the Glenbrook piano factory
and the Lange piano rise rapidly to great
Richard M. Walters, the popular piano fame among musical people. The citizens,
man, will leave town to-day for an extended it is expected, will support the new enter-
prise very liberally.
sojourn at Richfield Springs.
Future scanning projects are planned by the International Arcade Museum Library (IAML).