The Times-Picayune (New Orleans) Jan. 24, 1896
William Coster, Jus Assigns. " r - -i - (By Associated Press.) ' New York, J an, 23. William Foster, Jr., engaged In the business of mining and manufacture, made an assignment to-day for the benefit of creditors to Pell William Foster, x The liabilities are expected to be about S400.O0O and the assets are largely In excess of that amount. - Mr. Foster is a member of the Retsof Mining Company, and was its first president of the Metropolitan Elevated Iiull-road. He has been for many years engaged In large and varied enterprises, some of which have Involved Mm in heavy and expensive litigations for several years, the strain culminating a few days ago In an attack of vertigo. The assignment is made to one of Mr. Foster's sons, who will henceforth carry the burden hitherto borne by his father. There is considerable indebtedness, but it is believed the assets win exceed the liabilities, most of which are' secured -by collaterals. -. The failure Involves about $500,000...,-.