Music Trade Review
Issue: 1900 Vol. 30 N. 7 - Page 7
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THE NEW YORK
PUBLIC LIBRARY
LENOX AND
FOUNJ ATIONS.
V O L . XXX. N o . 7 .
Pnblished Every Saturday by Edward Lyman Bill at 3 East Fourteenth Street. New York, Feb. 17,1900.
Paillard Assignment.
Gustav Otto, doing" business as M. J.
Paillard & Co., dealers in music boxes at
No. 68o Broadway, made an assignment
Tuesday without preference to John E.
Brodsky, lawyer, of No. 49 Chambers street.
John E. Brodsky, the assignee, said yester-
day that the liabilities were from $80,000
to $90,000 and the assets from $50,000 to
$60,000, and added that if certain matters
turned out all right he expected the credi-
tors would be paid in full.
Mr. Otto has carried on the business
since April last. It was established in
1850 by M. J. Paillard; in 1879 Alfred E.
Paillard became sole owner, and continued
alone until 1884, when he admitted his
brother, George A., as a partner. The
latter died in 1890, and Alfred E. again
became sole owner. He sold out to Mr.
Otto in April, 1899. The concern had had
no capital rating at " Bradstreet's" for five
years previously. When Mr. Otto became
proprietor of the business it was under-
stood in the trade that he assumed all
the liabilities of the old concern, and it
was currently reported that Mr. Pail-
lard was indebted to Mr. Otto or his
company to a large amount, and that Mr.
Otto took the business for the debt. Mr.
Otto has been for a number of years presi-
dent of F. G. Otto & Sons' Corporation,
manufacturers of music boxes and surgical
instruments in Jersey City, where Mr.
Otto lives. This business is also an old
one, having been established in 1852. The
principal cause of Mr. Otto's assignment is
said to be the assuming of the indebtedness
of M. J. Paillard & Co.
Mr. Brodsky confirmed the trade reports
that Mr. Otto took the Paillard business
for debt, and that he assumed the liabili-
ties. "Assuming those debts is what hurt
him," said Mr. Brodsky. When asked how
much those debts were Mr. Brodsky said
that they were as much as the present
liabilities, $80,000 to $90,000. When asked
what effect Mr. Otto's assignment would
have on F. G. Otto & Sons, of Jersey City,
Mr. Brodsky said he could not say at pres-
ent, but he did not think the corporation
would make an assignment. He expected
they would come out all right.
The Barckhoff Organ Co. of Latrobe,
Pa., has just installed a magnificent organ
valued at $2,125 in the Church of the Visi-
tation, Des Moines, la. It is highly
spoken of.
Anti=Department Store Law.
$2.00 PER YEAR.
SINGLE COPIES 10 CENTS
Pianophone fleeting.
At the annual meeting of the stockhold-
ers and directors of the Pianophone Co.,
held at its factory, 46-48 East Houston
A startling development has occurred in street, on Wednesday last, Mr. Schuyler
connection with the appeal on the part of Duryee, for seven years Chief Clerk of the
the department stores of Kansas City, Mo., United States Patent Office, was elected
from the action of the license commis- president of the company.
sioner, who, under the new "anti-depart-
At the meeting of the new Board of Direc-
ment store" law, recently prosecuted their
tors which immediately followed the annu-
proprietors. The Supreme Court has dis-
al meeting of stockholders, a dividend of
missed the appeal on the ground that when
six per cent, was declared on all preferred
the prosecution begins with an informa-
stock issued, the company's financial state-
tion filed by the prosecutor the trial court
ment having shown a material gain.
is the court of last resort and its judgment
Mr. G. Howlett Davis was re-elected as
final.
treasurer and general manager of the com-
This decision, which was concurred in pany.
by all the judges of the Supreme Court,
The business of the company has been
has greatly surprised the lawyers, who are
built up entirely of the inventions of Mr.
at a loss what action to take, the point
Davis, which inventions comprise the pi-
raised by the decision being entirely new.
anophone, the electric perforating machine
It will be remembered that, as stated in for manufacturing music rolls, the banjo-
The Review at the time, the proprietors of phone, the electric pipe organ, which latter
several department stores were arrested was recently displayed in a prominent
under information filed with the prosecutor salesroom on Broadway.
by the license commissioner and were fined
in a criminal court, upon which they took Organ Agent Commits Suicide.
an appeal to the Supreme Court, on the
(Special to The Review.l
ground that the law was unconstitutional.
Sedalia, Mo., Feb. 10, 1900.
The appeal acted as a stay of execution,
Hiram C. Nelson, forty-four years old,
and the license commissioner agreed not to until recently agent for the Farrand &
prosecute any of the other department Votey Organ Co., Detroit, committed sui-
store-keepers until the Supreme Court had cide this afternoon by shooting himself in
decided on the law. Just what will be the right temple. He leaves a widow and
done under the present extraordinary cir- one son. Nelson was short in his accounts
cumstances is as yet undecided.
with the Detroit company and J. A. Leon-
The anti-department store law of Mis- ard has been here a week endeavoring to
souri imposes a license fee of from $300 to collect the sum due. At a conference this
$500 a year on all classes of goods desig- morning Nelson said to Leonard that he
nated by it and sold in any store giving had arranged to borrow the money, and he
employment to fifteen or more persons. and his wife would meet Mr. Leonard at
The license commissioner, each city having 2 o'clock this afternoon and settle. The
one, decides whether the fee shall be mini- supposition is that he failed to negotiate
mum, maximum qr intermediate. There the loan and fear of prosecution caused
are department stores in Missouri that deal him to commit suicide.
in ninety or more different classes of goods.
Fire in Brooklyn.
At a minimum rate such stores would be
compelled to pay from $27,000 a year up-
An explosion, followed by a fire, wrecked
ward in taxes. The small dealers and the music store of John Schelinsky at 142
merchants in single lines of goods are Grand street, Brooklyn Borough, Tuesday
fighting for the enforcement of the law by morning. Incidentally, Mrs. Annie Pas-
employing all legal help possible.
sig, who was engaged in cleaning 1 for
Schelinsky, was severely burned. The
The Piano Going.
fire was caused by Mrs. Passig's attempt
"I never thought the time would ever to hasten work in lighting a fire. In this
come when I should be delighted to hear connection she used kerosene and some
that piano going," remarked Fogg, as the other liquid which resulted in an explosion
"instrument" in the next house was being that blew the show windows into the street,
carried down, the stairs to the furniture followed by a fire. The damage is esti-
mated at $1,000.
wagon.
DENIAL OF
APPEAL
FROM
DECISION
MISSOURI'S NEW LICENSING
UNDER
LAW.
THE NEW YORK
PUBLIC LIBRARY
LENOX AND
FOUNJ ATIONS.
V O L . XXX. N o . 7 .
Pnblished Every Saturday by Edward Lyman Bill at 3 East Fourteenth Street. New York, Feb. 17,1900.
Paillard Assignment.
Gustav Otto, doing" business as M. J.
Paillard & Co., dealers in music boxes at
No. 68o Broadway, made an assignment
Tuesday without preference to John E.
Brodsky, lawyer, of No. 49 Chambers street.
John E. Brodsky, the assignee, said yester-
day that the liabilities were from $80,000
to $90,000 and the assets from $50,000 to
$60,000, and added that if certain matters
turned out all right he expected the credi-
tors would be paid in full.
Mr. Otto has carried on the business
since April last. It was established in
1850 by M. J. Paillard; in 1879 Alfred E.
Paillard became sole owner, and continued
alone until 1884, when he admitted his
brother, George A., as a partner. The
latter died in 1890, and Alfred E. again
became sole owner. He sold out to Mr.
Otto in April, 1899. The concern had had
no capital rating at " Bradstreet's" for five
years previously. When Mr. Otto became
proprietor of the business it was under-
stood in the trade that he assumed all
the liabilities of the old concern, and it
was currently reported that Mr. Pail-
lard was indebted to Mr. Otto or his
company to a large amount, and that Mr.
Otto took the business for the debt. Mr.
Otto has been for a number of years presi-
dent of F. G. Otto & Sons' Corporation,
manufacturers of music boxes and surgical
instruments in Jersey City, where Mr.
Otto lives. This business is also an old
one, having been established in 1852. The
principal cause of Mr. Otto's assignment is
said to be the assuming of the indebtedness
of M. J. Paillard & Co.
Mr. Brodsky confirmed the trade reports
that Mr. Otto took the Paillard business
for debt, and that he assumed the liabili-
ties. "Assuming those debts is what hurt
him," said Mr. Brodsky. When asked how
much those debts were Mr. Brodsky said
that they were as much as the present
liabilities, $80,000 to $90,000. When asked
what effect Mr. Otto's assignment would
have on F. G. Otto & Sons, of Jersey City,
Mr. Brodsky said he could not say at pres-
ent, but he did not think the corporation
would make an assignment. He expected
they would come out all right.
The Barckhoff Organ Co. of Latrobe,
Pa., has just installed a magnificent organ
valued at $2,125 in the Church of the Visi-
tation, Des Moines, la. It is highly
spoken of.
Anti=Department Store Law.
$2.00 PER YEAR.
SINGLE COPIES 10 CENTS
Pianophone fleeting.
At the annual meeting of the stockhold-
ers and directors of the Pianophone Co.,
held at its factory, 46-48 East Houston
A startling development has occurred in street, on Wednesday last, Mr. Schuyler
connection with the appeal on the part of Duryee, for seven years Chief Clerk of the
the department stores of Kansas City, Mo., United States Patent Office, was elected
from the action of the license commis- president of the company.
sioner, who, under the new "anti-depart-
At the meeting of the new Board of Direc-
ment store" law, recently prosecuted their
tors which immediately followed the annu-
proprietors. The Supreme Court has dis-
al meeting of stockholders, a dividend of
missed the appeal on the ground that when
six per cent, was declared on all preferred
the prosecution begins with an informa-
stock issued, the company's financial state-
tion filed by the prosecutor the trial court
ment having shown a material gain.
is the court of last resort and its judgment
Mr. G. Howlett Davis was re-elected as
final.
treasurer and general manager of the com-
This decision, which was concurred in pany.
by all the judges of the Supreme Court,
The business of the company has been
has greatly surprised the lawyers, who are
built up entirely of the inventions of Mr.
at a loss what action to take, the point
Davis, which inventions comprise the pi-
raised by the decision being entirely new.
anophone, the electric perforating machine
It will be remembered that, as stated in for manufacturing music rolls, the banjo-
The Review at the time, the proprietors of phone, the electric pipe organ, which latter
several department stores were arrested was recently displayed in a prominent
under information filed with the prosecutor salesroom on Broadway.
by the license commissioner and were fined
in a criminal court, upon which they took Organ Agent Commits Suicide.
an appeal to the Supreme Court, on the
(Special to The Review.l
ground that the law was unconstitutional.
Sedalia, Mo., Feb. 10, 1900.
The appeal acted as a stay of execution,
Hiram C. Nelson, forty-four years old,
and the license commissioner agreed not to until recently agent for the Farrand &
prosecute any of the other department Votey Organ Co., Detroit, committed sui-
store-keepers until the Supreme Court had cide this afternoon by shooting himself in
decided on the law. Just what will be the right temple. He leaves a widow and
done under the present extraordinary cir- one son. Nelson was short in his accounts
cumstances is as yet undecided.
with the Detroit company and J. A. Leon-
The anti-department store law of Mis- ard has been here a week endeavoring to
souri imposes a license fee of from $300 to collect the sum due. At a conference this
$500 a year on all classes of goods desig- morning Nelson said to Leonard that he
nated by it and sold in any store giving had arranged to borrow the money, and he
employment to fifteen or more persons. and his wife would meet Mr. Leonard at
The license commissioner, each city having 2 o'clock this afternoon and settle. The
one, decides whether the fee shall be mini- supposition is that he failed to negotiate
mum, maximum qr intermediate. There the loan and fear of prosecution caused
are department stores in Missouri that deal him to commit suicide.
in ninety or more different classes of goods.
Fire in Brooklyn.
At a minimum rate such stores would be
compelled to pay from $27,000 a year up-
An explosion, followed by a fire, wrecked
ward in taxes. The small dealers and the music store of John Schelinsky at 142
merchants in single lines of goods are Grand street, Brooklyn Borough, Tuesday
fighting for the enforcement of the law by morning. Incidentally, Mrs. Annie Pas-
employing all legal help possible.
sig, who was engaged in cleaning 1 for
Schelinsky, was severely burned. The
The Piano Going.
fire was caused by Mrs. Passig's attempt
"I never thought the time would ever to hasten work in lighting a fire. In this
come when I should be delighted to hear connection she used kerosene and some
that piano going," remarked Fogg, as the other liquid which resulted in an explosion
"instrument" in the next house was being that blew the show windows into the street,
carried down, the stairs to the furniture followed by a fire. The damage is esti-
mated at $1,000.
wagon.
DENIAL OF
APPEAL
FROM
DECISION
MISSOURI'S NEW LICENSING
UNDER
LAW.
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