, 1873-07-27
THE FAILURE OF H. |. KIN1BALL.
4 I.fmt OF tho dsrcnt GcorHin Spectiln.
t0rsn CrcfltOra.-x1ta Ihist0ry--99ON
ElG UNRf1D 10 E'ntls

4 I.fnt OF tho Grcnt GcorHin spectiln-
t0r'a Crc1ltora--x1ta Ihistory--1Hoyv
Elp Unnso 10 Emil.
Beston tJaly II, Special nsrateh ID Tho Heso Fork
Times.
The failure Of II. 1. Kimbal1, Of Atlanta, Ga,
the grcet hotel and railrond sreculator in tho
South, the owncr Of tho 1angnificent new H. I.
Kimball House, Of Atlanta, and other hotel
property, creates mulch remark In thia section,
ho being an Eastorn nun and former operator
horo. Ills lfabilitioH aro enid to roach tho
enormous sum Of a5,000,00o and the list
Of croditors include Morton, D1Ba i Co.,
Now York, about s170,O00; Fulton National
Bank, Brooklyn, about $4,000; ]. Boormnn
Johnston Il Co., New York, about csc, 900 Rus-
soil Sage, New York, about $50, 600; Union Trust
Company, New York, about $4,000; Richard
Irving h Co., New York, about 100000; Broad-
way Bank, Now York, about s133, 900 Motropol-
itan Savings Bank, Now York, about S76.000;
Brooklyn Savings Bank, Brooklyn about $780,.
eo9; Adama Exp5ops comPsny' Nov York. about about
s275, Durham l. Co., Now York, about
$4,000 Henry Clowa 4 Co., Now York, about
$1,000. boo; ailead 4. Smith & Co., New York,
about s2oo. .9o9; o. rrodogar 1ron-Morks, Now York,
York, about so5, GOO; Pittsburgh Locomotive
Works. Pittsburg, ponn., 100000 /; Horny s.
Wells, Now York, about s25,u00; Il. X. Thur
Dor & Co., Now York, about 10000; A. ].
Wheaten, Nav York, about s1o, oog; George
New York, $4,000; Patch & d., Nov York.
$1,000; r. Konting, Now York, 522, 900; Nicol Il
Davidson, Now York, $12,ooo; Hurd 4 Co.. New
sls, ,dioo ": il, Jenhins, Now York, $1,000 !; .: D.
shoninger, New Haven, Conn, e., 900; I. Can
Boston, g. Elliott elliott Nak!onal DanE, Boston,
sl,207 Griffith l. Thomas. Now York, $500.
Tho Elliott National Bank Of this city holds his
papor as collateral signed by tho other gontlo-
mon, other Of whom arc perfectly responsible.
Nearly al Of his papor is secured by tho sigma
tures Of solvent men, and representing to tho
dun OF something OF which perfect account ia
kept. Tho Daily Aduerttser learns that Mr..
Ktmoal was born ut Ha1nlin Grant, in A1aine, q
ehort distance from Bethel, In 1854. His buai-
aumod tho direction Of O. T. kimbails carriage
factory, having formerly acquired knowledge of
tho businoss by npprenticeship in bis native
town. From thero ho went to Now Haven, whero
ho occupied similar position in the factory Of
q. D. Cook b Co., in which business ho after
ward acquired an interest. uero ho remained
until war broke out. Tho war greatly impaired
tho businoHa Of tho firm, it's market being con-
hnad mostly 10 the Southern States, Ths mis-
fortune finally resulted IN tho fixture Of the firm,
Colorado, whore he embarked in tho mining busi-
ness, interesting himself with tho Bartola Com
pany. He Hpont but about yoar In this busi-
moss, md report says he made some money dur
ing that ti1oe. Before tho oloso Of tho war he
came East as far aa Chicago, whore ho opened
q brokers' oflco, doing some business and max
ing good many friends. Hcre ho Was eorely
annoyed by creditors looking after the Now
Haven wreck Ha became very intimate With
h1r. Pullman, tho famous chr manufacturer, and
it is presumed that 1t was greatly owing to this
gont1oman's advico and influence tlat Mr.. Kim.
ball located in Georgiaand prospered 30 rapidly.
In . remarkably brief space Of tima he got con:
troll Of the principal railway lines in tina,
State, and gained d great influence through.
out TINT part Of tho country. Hit
natural ambition, encouraged BY tho strong de-
sires Of his friends, prompted him to engage in {
disastrous hotel speoulation-the building of tht
great H. /. Kimball Houso-which proved tot
much for his financial RESOURCES. His failure
two years ago, is Baid to bo the result Of the fail
ure Of Henry Olews l. Co. to keep an agree
ment, by which certain largo amount of none,
was to be transferred to tho use Of Mr. Kiinball
| To this misfortune his business yielded, Iii
property wentunler tho auction hammer, and b
disappeared. Ho ia said to be IN 6witzerlan,
| now.
Mosars. Kimbau Brothers, carriago manufac
turers, No. liz Sudbury atroet, Boston, repre-
Rcnting 900 in tho llHt OF creditors, are broth
| arn Of tla debtor.