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Music Trade Review

Issue: 1904 Vol. 39 N. 23 - Page 47

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Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE
REVIEW
railroad traffic, though we will do our part in
getting the goods en route."
Buegeleisen & Jacobson have mailed the fol-
lowing formal announcement to the trade: "We
beg to announce to our friends that the death of
David Jacobson will have no effect on the policy
of our business, and that we will conduct our
affairs along the same lines as in the past, al-
ways endeavoring to give satisfaction. Thank-
ing you in advance for a continuance of past
favors, and assuring you that our constant ef-
forts will always be to serve our patrons to their
complete satisfaction, we remain," etc.
representing Schuster, the only petitioning cred-
itor. We filed an answer to the complaint deny-
ing everything, affirming Pollmann's solvency
and demanding a trial by jury. We maintained
that the complaint was founded entirely on
allegations and that no act of insolvency had or
could be established. As a matter of fact, we
have gone more closely into the business and
are satisfied Mr. Polimann's assets figure up a
surplus of $25,000 to $30,000 over all his liabil-
ities. The other side contended that there were
but fourteen or fifteen creditors, when, as a mat-
ter of fact, there are fifty or sixty, a full and
complete list, with the entire indebtedness taken
from the books, has been filed with the court.
AUGUST POLLMANN AFFAIRS.
The trouble is, Mr. Pollmann has been carrying
Order for a Receiver Against Pollmann Was too heavy a stock, and you would be surprised
Vacated Monday—Case Sent to Jury to As- at the great quantity of goods in warehouse, alto-
certain Facts—What Mr. Pollmann's Lawyer gether beyond the requirements of the business.
Says—Ample Assets to Meet Liabilities— We are absolutely sure of winning our case, and
then the concern will be reorganized on an up-
Pollmann's Circular to the Trade.
to-date basis, the stock adjusted, and some new
Saturday last Paul C. Schnitzler, attorney for blood infused. The concern has not been man-
William Schuster, trading as G. & A. Klemm, aged as it should, although there is not one
Markneukirchen, Germany, obtained an order re- culpable act in evidence.
turnable Monday, from Judge Holt, United States
"The restraining order was set aside Monday.
District Court, to show cause why August Poll- It was purely a per forma proceeding to which
mann and the August Pollmann Co. should everyone is entitled under the circumstances—
not be restrained from carrying on busi- simply a show cause motion. The court also
ness pending the judicial settlement of the stated that Mr. Pollmann could continue his
involuntary bankruptcy proceedings in which business as before, without let or hindrance, but
his clients figured as the petitioning cred- restrained the corporation from selling the goods
itor. The appointment of a receiver was also or stock in bulk, which is usual and customary.
suggested. A formidable array of counsel ap- We gave notice of trial to the complainants the
peared for both Mr. Pollmann personally and same day, Judge Holt specifically advising a
this corporation at the hearing Monday, when speedy joining of issues in justice to the inter-
the order was vacated and Schnitzler informed ests involved, though ordinarily it might be post-
that a motion for a receiver would not be enter- poned for a month or two."
tained as the court had informed him on his
Monday the following circular-letter was sent
previous appearance. The case was then sent to the trade:
a jury to ascertain the facts in the matter, and
New York, November 28, 1904.
False and alarming reports have been circulated re-
the trial set down for Wednesday next.
garding my solvency by malicious and reckless enemies,
motives of jealousy and revenge, and I have also
Subsequently Wilber W. Chambers, of counsel from
been subjected to an unjust attack, seeking to ruin me
for Mr. Pollmann, said to The Review: "Monday in business. I wish at once to assure all my creditors
and friends that this infamous effort will be fought to
the case came up for a hearing before Judge Holt the end. and those who are acting to my injury will be
held
legally accountable for the full measure of damages
in the United States District Court, Schnitzler
sustained by me. as well as all who aid and join them.
I am and always have been perfectly solvent, and
every one of my creditors will be paid in full, one hun-
dred cents on every dollar. For nearly thirty-five years
1 have maintained an honorable business record, have
always paid all my debts, have never failed, have never
bad a. fire and have never even had a single judgment
entered against me, nor is there any judgment now
against me. All those who know the truth, and even
my competitors in business, have honorably agreed to
support me, and have refused to join in any attempt to
injure my business standing. I ask for your continued
confidence and assure you that there is no occasion for
any alarm. Should your co-operation against me be
sought, I shall appreciate your communicating with me
at once.
Yours very truly,
AUGUST POLLMANN.
Tuesday, at the meeting of the Musical Mer-
chandise Board of Trade, composed of the leading
wholesale and importing houses in the country,
a resolution endorsing Mr. Pollmann's solvency
and unquestioned financial liability was approved
informally.
E. A. HAWTHORNE BOUND WEST.
Monday E. A. Hawthorne, of the American
Record Co., 241-243 West 23d street, New York,
started on a two weeks' trip west. He will call
upon the trade in Chicago, Milwaukee, St. Louis,
Kansas City and Cincinnati. This week a fresh
batch of foreign records, number 331 selections,
came in by the steamship Baltic, and the work
of completing this catalogue—a tremendous task
—is being pushed with energy. The factory is
working a night shift to keep up with the or-
ders, and from now until after the holidays the
company is practically sold up. Their Decem-
ber bulletin, out last week, reflects credit on the
judgment of J. O. Prescott, the manager, whose
indefatigable industry has done so much to bring
his concern's goods to the front.
Joseph Morris, of Joseph Morris (Inc.), the
Philadelphia jobbers, was in New York, Tuesday.
He was a visitor at several leading small goods
houses, leaving some good orders for his holiday
trade, which he anticipated would be unprece-
dentedly heavy.
The Pommer-Davis Piano Co., of San Jose, Cal,
are now representing the Krell-French line of
pianos.
•TY
IMIMI
Double Spring Motor.
21 inch B. 6 G. Horn, 14 inch Bell.
Cabinet, 11 x 11 x 6.
All Latest Improvements
Get our dis*
counts. Some'
thing surpris'
ing :: :: ::
Quality and
price should
induce you ::
Write to'day
Look up the
other makes of
$25.00 ma>
chines, com.'
pare a little
and see the
difference ::
MAIN OFFICES AND FACTORY:
BRANCH
OFFICES:
THE TALK-O-PHONE
N E W YORK,
CHICAGO,
SAN
CO., TOLEDO,
FRANCISCO
OHIO

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