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A.G. PLANT, BROKER, ADJUDGEDBANKRUPT Action Is Taken by Court on the Petition of Three Creditors. Arthur G. Plant, trading as A. G. : Plant & Co., banker and broker, at 1415 G street northwest, was adjudged bankrupt today on a petition of three creditors whose claims aggregate about $10,000. Justice McCoy appointed Frederick A. Fenning as receiver and fixed his bond at $900. Mr. Plant, in a letter addressed to one of his creditors yesterday, consented to be declared bankrupt. He wrote: "I regret very much to say to you as one of my creditors that I am unable to pay the debt due by me at this time, and hereby signify to you my willingness to be adjudged a bankrupt." Petition by Creditors. The proceedings to have Mr. Plant adjudged bankrupt were taken by James H. Dungan, Charles A. Pfender and John E. Cunningham. They tell the court that Mr. Plant owes them in excess of the securities held by them, about $10,000. They declare the broker is insolvent, and point to his letter of yesterday as proof of the fact, and as entitling them to have him adjudged bankrupt. As the proceedings are involuntary there is no schedule of assets and liabilities presented to the court. Attorneys Fenning & Gordon and D. W. Baker represent the creditors. The receiver filed his bond and will take charge of the place at once. A Native of Washington. Arthur G. Plant has been a member of the Washington Stock Exchange for a number of years. He also has been doing a New York stock exchange business, having connections by wire with one of the well known brokerage houses in that city. Mr. Plant is a Washingtonian by birth, and entered on his banking career as a clerk in the office of the National Savings and Trust Company, going from there to the Traders' National Bank as an active vice president. From there he embarked in business on his own account. It is generally understood that Mr. Plant had no partners, though family connections may have been interested with him in his business venture. Sued on Two Notes. Two suits at law were filed recently against Mr. Plant by James F. Tiffany to recover on two notes aggregating nearly $20,000. Both notes sued on were made by Mr. Plant August 17 last, One for $4,277.60 was made payable in four days. The second note was for $15,000, and drawn at thirty days. Suit was entered for the smaller note September 1, and on the large note September 18. Mr. Tiffany declared in his affidavit, attached to the suit, that the notes were not paid when presented and were allowed to go to protest. The offices of the firm of A. G. Plant & Co., 1415 G street northwest, were found to be closed early this afternoon, several hours before the usual time. No one connected with the firm was in evidence around the premises and information from nearby sources disclosed the fact that the office had been open yesterday and that a number of inquiries had been made as to why the premises were not open for business as usual."
