The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-03-20
ORVIL AGAIN IN TROUBLE.
THE PRrSIDENT'S UNHAPPY BRO
N THIRtS TKIBULITIONS.


,ApTupaid note. with His Name on the Back,
nakesn Deal Of Bother-A share of the
Bristol Franklinitc Co.'S stock. and some
, Tsiimatcs OF What II l. Actually Worth.
nom ne Cncnn1u Commercial
In the summer OF 1872, about the first
week In August. MIR. Oryil l.. Grant, brother Of
the President. arrived in this city, and after
LOOKING over lis cash account, he found himself
In a financially distressed condition. Meeting
Dir. T.. d. Lodwick an old friend whom he bad
known for many years, he stated his trouble
and asked Mr.. Lodwick " he would Identity
him at some bank, so that he Grant could get
> note discounted. Mr. Lodwick, without a
moments hesitation, escorted Mr.. Grant to the
banking house of Messrs. f. Kinney Goa on
Third street. where he presented for discount
In the usual way note Of which the following
bacopy ,..., D, ,.,, ,, ,s-,
Ninety di,s after dat PROMISE 10 rayo. l.. Gram
seven hun''' anu unity e'R'' "H' i''i0s nrtI
The note was endorsed on the back 80. L.
Grant" but in order to make 1t "a little more
binding" Mr.. Lodwick also placed his name on
the note as an endor'cr. aud Mr. Grant got the
face OF the note. less tho discount.
So far IL was a regular business-lke transac-
lion, but, as will be seen by what follows Mr.
Grant acted in n very unbusiness-ikc manner.
coming with the "shckei-," and as W. Hull "
was nowhere to be found, and, 80 far as we
know. has not been heard from since conse-
uucntly Mr. Lodwick was compelled to make
lhe note good IN bank. aud has been paving in
tercst on IL ever since 10 fact. MIR. Lpdwick
had such confidence TN the Presidents brother
and thought, no doubt, he was SO much involved
In stupcndous business enterprises. aud In as
pistnc Ulysses In the cares " the nation. that
this little matter hai entirely escaped MS meme
ory. Ii was under this state of Affairs that. over
. year later. Mr. Lo1wick sent Orvl little note
reminding him o. the matter, aud In return re-
peived the following:
ST. LOUIS NO, June 25 1873.
NV nP,R siR' That maturcd note worries me bevond
expression. thayc DELAYED writing you hoping that uy
some means could rent n least part Of II. OF ser
don. wifi DC home saurfay morning, aud see u It IL
possible to get any money from bin Il not wiz re-
self TO take care OF u thea Will try 10 forget have
stock OF nrick ON hand. when declined from tie 10
$3.50 Jcr Lon, and inflicted very heavy blow and Ice
With good prospect u long wei paid but 4 VII r.
nrst proceeds viii remit Uu Wll never lot air.cud
lose 6 ns to 90 ms favor as YOU a wv snd
Another reminder on the same subject
brought out the following answer;
PHiLADEIPHiA. July 90. 1873
bEAR Sin: nave DELAYED writing YOU for two rca.
sons-nr-t that might get some money cut OF Hun TO
turn by which would nave funds, ana In both
have been disappointed.
make some money though n an uphill business With
out capita. bu am putting M energy enough g. make
thingsgo. vii try anu pay all OF THIS note when due
sacrifice s and III never 10 another mans .ecgrly
again. when person once commences to lose, ~
T%ili make mcm6fsnium Of The chei5'el note and
bsve money IN your hands by the time u natures 80
You need have anxiety about IT, enclose tnty
dollar III to pay interest. Respectfully Soqqr'n
II will be seen by the foregoing that Owl
finally came to the conclusion that "S.W. HUH
was a had lot. the reader. however, will dis
cover NJ once how anxious Orvil was about the
note hy reading the following.
OWL L. GRANT, Prcst. EDWIN Wilson, see
j. H. CAssELBFEEY, 1rea'
OFFICE OF BHlsroL FKANKlINL rE CONAN, ago l.
BRAEY SrHEFr. PnitAprtrniNi D. 10. 1873. ". p
answer 80, Uut hoped something would turn ~ which
] could get some money. During the panic | could
be closed For mouths had saa.icl position, rom
which hoped To pay you at least part q the uo' but
could not collect on that am nov IN a MN ~ com
pany here. which - cong well. and Will cert amy pay
han some dividends the stock. I YESTERDAY sold
over 10000 o. the companys stock at par hay also
traded some Of my stock at bar Tor dwell hs house
and do hope on 10 b. IL comfortable pOsu III u
close you $500 VI the stock which yOu eau have 10.
the note. orr d It as collateral tn can pay i The
get security dc- II the waY and have them o ot
my mnu Please let ne hear from you ari drcct oui
letter to tins office. hespectg D. yours
This NAV be regarded az clear case OF 90 SAG 81
zee " In order To meet an honest utiii alton
Just think ~ "A President Of The " liisul Fruk
Unite Company giving "a $lWO certificate oil
stock (of which he had just sold S;Do0 81 var
In payment Of a note Of oulv Si55. HoIes
copy Of the stock certificate;
riot Assemble