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Music Trade Review

Issue: 1903 Vol. 36 N. 12 - Page 9

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Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE 7VSUSIC TRKDE
REVIEW
the Bindbuetel stock, and Fitzsimons found
PIANO FACTORY FOR WICHITA.
four pianos, two organs and one piano player
[Special to The Review.]
in the store at 307 East Twelfth street. At A Proposition Placed Before the Chamber of Com*
Kansas City, Mo., March 17, 1903.
merce on Behalf of Geo. H. Arthur of Terre
Since my letter advising you of the attach- several other places instruments were found
Haute Who Will Manufacture There if Wichi-
tans Buy Some Stock.
ment levied by the Brockport Piano Mfg. and attached.
The case promises to develop a pretty fight
Co. on the stock of George Bindbuetel, piano
[Special to The Review.]
in
the courts. The attorneys who handled
dealer of this city, a number of things have
Wichita,
Kans., March 18, 1903.
developed which place the affair in a much Bindbuetel's notes claim they were acting for
The
Chamber
of
Commerce is working on
more serious light. An examination of the clients and have the notes and mortgages a proposition to secure a piano factory for
books show a chaotic condition of Bindbue- made by the dealer with which to protect this city. Mr. Koehler, a real estate man,
tel's business, and the total losses may run themselves.
laid the proposition before the organization
close to the ten thousand dollar mark. More-
HIGH PRAISE FOR THE WEBER.
and it has been taken up and considerable
over, Bindbuetel's whereabouts are unknown
corresponding is being done at present look-
Mme. Reuss-Belce, the Wagnerian soprano
except to the members of his family.
ing toward a definite announcement from the
Bindbuetel for several years has handled, of the Maurice Grau Opera Company, writes company, what they need and what is asked
among others, the products of the Brock- as follows to the Weber Piano Co. under for.
port Piano Mfg. Co., and was considered a date of March 17. This added to the many
The firm is the Geo. H. Arthur Piano
reliable and trustworthy representative. compliments received from her sister artists Mfg. Co., of Terre Haute, Ind. The com-
When one of his notes to the company went of the Metropolitan Company, speaks vol- pany is not a large one but their goods are
to protest recently, an investigation was in- umes for the high musical standing of the good and the product has quite a reputation
stituted and W. A. Fitzsimons was sent here piano:
throughout the country. The company have
to discover the real cause of dereliction, Weber Piano Co.,
found conditions not what they desire to in-
Fifth Avenue and Sixteenth Street,
When he arrived Bindbuetel was gone. As
crease their business in Indiana, and want to
New York City.
to the reason for the latter step there is a
Gentlemen:—I know of no piano that is get into some Western city with good rail-
wide variance of opinion.
possessed of a purer or richer tone than the road facilities, and have given Wichita the
Yours truly,
Chatting about the condition of things Mr. Weber.
first chance to secure them.
(Signed)
Luise Reuss-Belce.
Fitzsimons said: "When I looked into Bind-
The company do not ask for a bonus more
buetel's affairs I found he had hypothecated PARKER GETS VERDICT FOR $1,12750. than a suitable site, and this they will pay
his notes received on the sale of pianos and
a reasonable price to own, but they will not
[Special to The Review.]
thus kept his capital and profits continually
come here unless some of the citizens sub-
Burlington, Vt, March 16, 1903.
tied up. He placed his securities with sev-
A suit of general interest to the trade was scribe to their capital stock. The company
eral parties, who were always insisting on heard at the March term of Chittenden Coun- guarantee that the investment will pay ten
more security, and finally he had nothing left ty Court held here this week. It was the per cent. They say they have done so for
upon which to realize to protect himself. case of J. H. Parker vs. McKannon Bros.
years and are increasing all of the time. If
We do not believe that George Bindbuetel is
Mr. Parker is a musician and the manufac- they move here it will make a big increase
dishonest, but that he showed a lack of busi- turer of a musical instrument called the ban- in their capital stock and work on a larger
ness judgment. We were always ready to dola. In 1899 he made a contract with Mc- scale than formerly. The company have been
have come to his assistance had he let us Kannon Bros., who were to take not over established a number of years and are given
know of his trouble."
three instruments per week, were to market good ratings in business circles.
Bindbuetel's methods of doing business them and were to pay Mr. Parker a certain
Mr. Arthur also has an interest in the Pope
were unique, at least. He would sell a piano per cent, of the profit. This they did, the School of Piano Tuning at Valparaiso, Ind.,
or other instrument, and receive part in cash, plaintiff claims, for several months and then the only school of its kind in the country, and
the balance in notes, secured by a mortgage. refused to receive more instruments.
it is possible that this school may be moved
These notes he would discount in part, in-
to
Wichita also if the piano factory is se-
The defendants claim that the contract was
dorsing the remaining ones as security for secured fraudulently, that the plaintiff aban- cured.
the ones upon which he realized. Several doned the contract, that he had an in-
NEW HOUSE IN DETROIT.
firms in the city handled his paper. As a valid patent, and that his patent was an in-
rule, a certain part of pianos sold-return to fringement on another patent. The jury re-
Two of Detroit's younger but aggressive
the agent; with Bindbuetel this did not oc- turned a sealed verdict awarding damages at business men, Arnold Robinson and Charles
cur, and it was this feature that first attracted $1,127.50.
Coombs, are the founders of the Arcade Mu-
attention to his methods. When a patron
sic House, the new up-to-date music store,
stopped payment on the notes, Bindbuetel DECLARE DIVIDEND OF 3 PER CENT. which has just been thrown open to the pub-
would sometimes take the piano into his pos-
The Edna Piano & Organ Co., Monroe- lic in the Washington Arcade Building.
session and again sell it, securing notes upon ville, O., paid the first semi-annual dividend
The new firm will be known as Arnold
which he realized cash by discounting them. of three per cent, on preferred stock last Robinson & Co., and as both young men have
In order to cover up the second mortgage week. The company have enjoyed a very a wide acquaintance in the business world,
he would continue the payments on the first fine business since its organization, and the Mr. Robinson musically, and Mr. Coombs in
series of notes, without any income. Some-
prospects for the future are very encourag- other dealings, there seems no doubt that
times he could not secure the instrument,
they will succeed in their new undertaking.
ing-
having no mortgage to return, and he would
Mr. Robinson for the last seven years has
MEETING A. C. CHENEY CO.
utilize his credit with the companies he rep-
been in the music business, the greater part
resented to secure fresh stock."
The annual meeting of the stockholders of of the time being connected with Grinnell
So far as can be learned Bindbuetel pur- the A. C. Cheney piano action factory at Bros., as manager of their small instrument
chased from the Brockport people on open Castleton, N. Y., was held at the company's department, previously holding that position
account. When Mr. Fitzsimons learned of office Friday afternoon. The following board with J. Henry Ling. He is thoroughly fa-
miliar with every branch of the music trade,
these circumstances he sought to cover the of directors was re-elected: H. H. Ingalls, and has made a host of friends by his cour-
amount due his company, $5,500, by placing W. N. S. Saunders, S. Wheeler, A. C. Che- teous treatment of all. Mr. Robinson will
attachments against such of the property as ney, George Schlemmer.
have the active management of the new
he could locate. Last Friday one of the
store,
and will personally receive all who call.
John J. Wamelink, of Cleveland, O., re-
noteholders took into his possession two pia-
Mr. Coombs is the senior member of the
nos four organs and five piano players and ports a valuable violin having been stolen firm of Coombs & Daniels, 205 Woodward
from his residence at 573 Woodland Hills
removed them to a warehouse. It is claimed avenue last week while his house was tem- avenue, tobacco dealers, and he too has made
Mr. Fitzsimons was aware this was to be porarily unoccupied. The instrument is val- many friends during his ten years' business
connection in Detroit. He will have charge
done. The property moved was about half ued at about $500.
of the financial end of the new concern.
[DEALER'S AFFAIRS IN BAD SHAPE.

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