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Show A BIG CLOTHING FAILURE. Th Firm' Ltab lltie Will R-ach Vorf NVai- a Mill on, If N.it More. New Yokk, May 13. Levy Bros. & Co., wholesale clothing manufacturers, were closed tip by the sheriff yesterday under eight wr'.ts of attachment, aggregating aggre-gating $150,000. Augustus H. Levy, one of the partners in the linn, is pronounced pro-nounced hopelessly insane as a result. A total of five additional judgments, aggregating $30,0' 0, were filed against the linn today. Affidavits upja which the writs of attuchiiient were granted declared the firm h is within two years past made unlawful unlaw-ful conversion of its tuuds to thu amount cf over $100,000, and that such payments pay-ments were made with the intent to defraud de-fraud creditors. The affidavits a'so set forth that an investigation of the condition con-dition of the firm made within the last three days showed an apparent deficit within the last six months of over $050,000. It is estimated that the liabilities lia-bilities will be at least $750,000 aud may be a mi);ion or more. It is said tha assets as-sets will realize half a million. |