, 1874-08-16
THE ATLANTIC q PACIFIC.

! L representative Of the State Auditor vas In
the city Friday. to look further into the Affairs OF
| tile Atlantic l. Pacific Insurance. Company uis
special mission was to e1amspe certain securities
the Company represented IS being in its pos
session, upon which the Court, few days ago,
granted continuance OF the motion to appoint
! Receiver until the 21st inst. Examination OF
the securities disclosed their entire worthless
ness, for the reason that they wore unavailable,
being pledged Tor money the Company Is now
using.
It is claimed by those who have watched tho
Company closely that the extension or continu-
ance gotten from the court was secured by the
Company not with tho idea Of strengthening up
affairs in the meantime, but for the purpose OF
covering up rs much Of lis history and dealings
as posslble.
ATR1nuSE reporter in conversation with rev
eral leading citizens yesterday elected from them
the opinion that from the inception Of the Coto-
pany the mosr singularly irregular policy had
been the rule. Tbs f1st President of the Com
pany was appointed outaide Of the stockholders,
and without his knowledge at the time. He had
been approached upon the subject, but
most emphaticallv declined the honor In-
mediately afterward the gentleman LETT the city
Tor short stay. when be Was appointed without
bis knowledge. As soon as he learned the fact,
lie told the Company that he would not serve
under my circumstances, and gAye his REASONS
therefor, which we're By no means dattering to
the Company or its management. His name
WAS subsequently dropped but not before he
threatened to prosecute and expose the Com
pany.
Another little transaction Was elected: In
consideration Of mortgage being given on
certain almost worthless lot in Evanston. At
lantic Pacific stock to the amount OF $4,000
was Issued to the owner, who vas promised that
the mortgage would Ee surrendered on certain
conditions. Tho mortgage was secured
to to swell 1.-The the assets .s OF the Company.
OF the Company's Affairs will disclose
the above fact and more t1an that, show that
this same lot, which ia now reported to be worth
S40o, represents e. GOO in the assets OF the Com
pany. How many similar transactions the CON-
pany has been guilty Of no one knows.
CRIMINAL.
TIE POLICE COURTS.
Joseph Bradley, who was arrested several days
ago by Officer Chaplin at Geneva Lake, charged
with receiving stolen goods, vas yesterday morn~
ing held under $400 bail till tomorrow by JUS
tice Bcully.
Annie Hinemann Was arrested Friday night, |
charged with stealing SIG from Cells Talcost. Of
No. 1874 State street. On being brought before |
Justice Doyden yesterday she pleaded guilty. and |
was held over to the Criminal Court in bonds Of |
5000. In default, abs WAS committed to the |
County Jail. |
Fred Reager attempted to rob Jerry Howard,
on Friday night, at tho corner Of Clark and Van |
Buren Streets Ohicer McHugh arrested the |
fellow aud furnished him with quarters in the |
Harrison Street Station over night. Yesterday, |
Justics Doyden taxed him $40 for his bad be- !
havior. |
The case OF Charles q. Thompson, who Was
arrested on the 8th lust. on complaint OF Wood
bury IL. Taylor, Of the Post and Mail, charging
him @ith the embezzlement OF 81. 400, and which !
was continued by Justice Boyden till yesterday, |
Was again called and : further continuance |
granted till the 26th, under $1,000 bail, which
was Furnished BY Mr. F. B. Shanghai becoming
his surety.
The following individuals violated tho fire.
ordinance and we're to be tried yesterday morn
ing, but the City Attorney did not have time to
try them, and postponed their cases till Wedncs-
day next, at o'clock: Stephen Palmer, Alex
ander Shields. Henry Goddard, Theobald and
Charles Duggan, William Cooper, and ". P.
Standard.
Last Thursday mornings paper mentioned
cutting scEape which happened the night before
ut dlsreputable house on Pacific avenue, in
which negro woman, named Lizzie Myers, cut
md seriously injured woman named Alice !
Felton. nyecs Was arrested and committed |
Eithout bau till tho 22d inst, to await the re-
suit OF her victims injuries. Yesterday
, colored youth, named James Rruner
ETas brought before Justice Boyden on com
olains OF 4. Reid, charged with disorderiv con-
lnct, and no one appearing against him, ho vas
but, nafa1tunately for 0fnner, II