The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-07-22

u,
aud. returning Immediately entered his fathers
store. He continued as an assistant, learning
the business until his fathers death on the 18th
OF October, 1887. He then became the managing
partner, and continued as such until hts death.
HIS father left Ave children and fortune es.
tim ted at twelve millions OF dollars. 10 eacn
child except william and another he gave
sl,WO,OcO and to him all his immense business
interests. Under williams management the
business steadily increased. until now the house
Of Garner & Co, is the largest OF its Kind IN this
country. MIR. William r. uarner Inherited his
fathers taste for trade. He was keen man
aeer regularly at his store every uay; ana ia, Ia,
one OF The most genial Of men. lie had always
| kind word for every one, he paid liberal sala-
ries, proper vac tions were given to all, from
sick bis check was sent TO him regularly every
Yesterday the great warehouse, fronting two
| hundred feet In Worth street, and ninety In
| Hudson, iron front, and seven stories high,
shutters were down, only one door was open,
aud at 1t were stationed two clerks who informed
and none but imperative business was to lie
| transacted. The cashier was In the ohice to pay
deserted In addition to the business in Worth
street, Mr.. Garner was Interested IN the Har-
mony NILS Cohoes, one Of which, mob Is Id to
be the largest of Kind in this country, the New
buTeh steam Mills, the Franklin Dale COMPANY
! Mills, the Reading Cotton. Mills, the Rochester
| Cotton Nills, the Little Falls Cotton Mills. the
| aia the CAm5ridre w6fks, pnd lbe Hoeklapd
Print Works La iS'J the house estaCnsheu tho
| ntnics could not anectit Its business extends
| Throughout the United states and the Can.das.
Ihs death OF Mr.. Garner Will N Ike no d Inference
| I'm rs workings, provisions against such cOh-
| tineenNv having been made several years ago.
MILLIONS IN HIS SAFE.
In no dcarl or was every circumstance OF the
| disaster ms re thoroughly canvassed than III
Wall street ye simes. Vas mercnniile. Invest
ed largely in difc mt nrst,ciass securities, and
when bis safe was 'v.'co ontrpts i If s'ld sui A.
| once In Wall street won, nave realized az least
tlOOV,0OO In cash. His mos, 'ne'v III, 1 ~ u W "
sucn mn itn'nsnSe nnaonn, ~ vailable material,
| 1t being generally believed that "H's "s.n -
chiefly represented by mills, stoei yer. q 'ief
and mercantile paper lie had, how. ,,,,tniit v
| ly accumulated this readily neeouaoie so :,
| Of stocks and bonds that could te o, ~
either himself or his heirs In case OF EMERGE =
In the panic Of 1857 the elder Garner was force>
TO make az assignment Of bis property TO uro-
tect himself from the processes Of bis creditors
| who were very clamorous. In this strait he
made the assignments TO his DIM rent children
| and TO the husband OF one OF nis daughters.
| After be had effected "A compromise ana was
ready TO resLme business, he y course, called
| return tho property. All responded except the
| son in-law, Mr. j. LOriimer Graham. lie cluug
To the money In his possession, aud the elder
| Garner was very Indignant Al his death ne Jeff
| all his children except Mrs Graham and VIM.
IsSt enls si'si'.o "'isVe M nrs, IT, UrSnam ne
ceased, he lett thc great bulk OF hs money aud
| property, amounting to nearly S2O,V1,OcJ. Some
| Immense fortune he settled t2U,O,0 year upon
| his sister, Mrs. Graham, to make up for what
| father. Mr.. j. Lorrimer Graham Is well known
US having been recently United states Consul a
In the panic OF 1873 Mr. william Garner was
seriously embarrassed for ready money ac-
count of the aid tnat he mad extended to II. B.
| Cistn Co. and other wealthy houses. 1t was
almost impossible To Obtain greenbaoks for i'm
easa oe Sse ANY Prize n ns s emesssseg ne
Mr.. Belmont, Of course. asked for statement
Of bis nnancial condition. Il was promptly
furnished, and the exniDit showed tlq0O0,Oy0 Of
assets, and less than million Of liabilities.
At that time, also, proscenium box in the
| t2O0U0 10 cash. Mr.. Garner being In an once in
| " all street, mentioned tue fact, and said my
wife wants that box, and says she must have II.
| Ii seems ike awful waste to buy that box
aud lay out so 900 In greenbacks when they are
| worth two or tnree per cent. day down here,
and have TO borrow so much lie bought tue
box at the stated price however.
Mrs. Gamer always bad foreboding that
some great calamity would result from her hus-
bands liking for Yachting. When no nrst be-
came yachtman she pleaded with him to give
up his notions Of ouying yacht. Her entreAties
prev lied for time indeed i was not until
| two years after he joined the New York Yacht
| Grub tnat he decided TO buy "a yacht HIS wife
| could not quiet her anxieIy In spite OF his nu-
| merous returns from successful tripe. When he
| WAS about to buy the Magic she again besought
| him to reconsider his Intentions and try some
| otner form Of diversion. He kept on In spite Of
| usual earnestness when the Mohawk was
aoout to be launched Mrs. Garner was selected to
4
| said as she went through the ceremony, II
christen thee Mohawk" and then turning to
"wel, l understand that this vessel is liable TO
capsze. believe that IL Is, and that In some
way II will bring death into tue family. wsn
that you had never had anything at all TO do
with IT,"
Miss Adele Hunter wa. q sister OF John Hun.
In stocks, and connected with Mr.. William K.
Travers in Wall street enterprises, as well US In
patronage Of the turf.
THE DIVERS DAYS WORK
OF Mr. and Mrs. Garner, Miss Hunter. ana the
cabin boy. Was found by reporter OF THR Sun
a; bis Tesidsn,ce prstt, ittis cottage half a
Ing. lie was resting after the faugues Of the
morning, aud violent must the exertions have
herculean frame as bis. He Is over six feet Ia
heigut, with the build Of an athlete, only thlrty-
two years OF age; has nne, intel GENT and
rather handsome couutenunce, md Is an Amerl-
can; Recpunting his days work, he sud:
1--WE anchored our small boat directly over the
sunken yacht about O'Clock THIS morning.
There were SIX OF us-fhil Carnes, VINO w.s the
tehier 81 thS hle Nne ana hose Tour men TO
worN the air pump, handle the boat, and haul
up when necessary, ana hnally myself, diver, all
In the employ Of tue Coast wrecklne Company.
IL was about half past nve when got NY amor
on aud went down. The first thing did . 10
take II the cabin skyiight, 70 DO which simply
had 10 unoutton ~ and turn bacA the catches
Bat II was very hard TO work on the yacht as
sue then lay, careened over on her port sde. |
had to make myself fast with line and IL was
IKE working against the side Of wall. When
the skyght was removed I entered tho cabin,
and soon came IN contact with the body OF Mrs
Garner. | knew where TO ind her, because, rs
YOU know, had, when was down toe night be-
fore, found her, aud az could not then remove
her, had made n lins fast 10 her arm. She was
IN a sitting posture on sofa. on the port side,
held fast by huge pile Of lead ballast that tum-
hled through the bursted lOOr when the yacht
keeled over. The moor was all heaved up by II,
and III the cabin furniture aud carpet we've
thrown into suo1 confusion and piled up so tnat
II win the greatest difficulty / could nnd |
space enough between that chaotic mass ana |
the cabin roof TO work. Besides. all was dark.
Although the yacht was In only about eigh cen |
feet Of ater, could see nothing. But l felt
around, starting from the cold deaf hand l |
had just touched, until | had ascerta aimed |
exactly her position The lead ballast covered |
her lower limbs and heaped over her knees. |
IL was hard JOB TO get IL away. especially |
under such dis advantages as | wOTking |
against s.uch Of II could not pile up. so that |
IL would not slip back on me so had TO carry |
1t clear out Of the cabin. also had to cut away |
with my sheath knife portions Of HTs. Garnors |
could not free II. Al lergth she was clear. Ihen |
BODY, TIA theS above might prepare to receive |
on the life line, after which rested until three
to come up. lueu took her dead body under |
NV left arm, and was hauled up win IL q the |
surface, where tney took II from mo into the |
boat.