, 1881-02-11
A CELEBRATED CASE.
A Suit for Damages Brought by Leading
Bus ness Men of Portland
Against ono of the Wealthy Houses of
San Francisco.
A Gross IrjuStice Perpetratei Damsg.
ing Portland Firms s8Is, ,IO4 AZ.
AeYi and isam White and Max Gold
smith W.. sachs L. Heller.

A suit for damages in the amount OF
S6lS, lO2 AZ recently brought against
Messrs. Sachs & Heller, in the L. S.
District Court, of San Francisco by Levi
and Isam White and Max Goldsmith Of
this city is attracting the attention of the
leading business men and establishments
OF this coast and has created no little eX-
citement in business circles. In order to
show the gross injustice perpetrated
we will give the following detail of facts
as they really occurred and existed In
November last the business men of this
city mentioned above than whom by the
way
NONE MORE HONORABLE
Or respected can be found on the Pacific
Coast entered into partnership with
Messrs. Sachs 4 Heller of San Francisco
for the purpose OF carrying on merchan-
dising on mammoth scale in the avenue
OF wholesale drygoods. The business,
according to contract was to be carried
on in Portland, San Francisco and New
York, the copartnership commencing
with the first day Of the present year.
The New York house was to be called
Heller, Sachs K Co; San Francisco,
Sachs, White, Heller & Co., and in Port
land, Goldsmith, White, Sachs Il Co.
According to the terms OF the contract,
each member of the firm was to pay into
the partnership fund the sum of $50, 900
before the 3D. day of January, 1881,
Further assessments were to be levied
when majority OF the partners agreed
upon it,
FHE CONTRACT
Also stated the time and place OF paying
such assessments, also who were to con-
stitute the resident members, the terms
Of purchase OF merchandise from l.. Il NJ.
Sachs & Co. and l.. Goldsmith & Co.,
also detailing the conduct of the busi-
ness minutely, fixing its date of limita-
ton at January /, 1886. Two of the
members alone in this city called in
the sum of S125,000, which was excel
lently and safely invested bringing salts
factory returns, for the purpose of max
ing the first deposit. For some reason
best known to themselves the San Fran.
cisco firm who made the proposition ar
ranged and signed the contract
REFUSED EMPKAuCALLY
To appraise the merchandise in their
establishment, or fulfil the contract Of
their own seeking and making, claim
ing that one of their junior members
having made promise OF change of resi-
dence. for reasons which will appear at
the trial, different from what the co.
partnership agreement provided. The
Messrs. White and Goldsmith were
anxious to complete the arrangements as
they had sacrificed much in calling in
their money, which was we'll invested,
vet the San Francisco firm met them
with unqualified refusals to all PROPOSE.
tions to complete the contract as made
by them and signed in good faith The
Portland firm, finding all appeal to the
honor OF Messrs. Sachs Il Heller of no
avail, determined to call upon the law
and compel them to an indemnity
for losses, damages, etc, which
amounts in the aggregate to the amount
above stated. They
CALLED IN THEIR MONEY,
Which was we'll invested, and it will be
an utter impossibility for them to loan 1t
again at such advantageous rates, and so
safely secured. 1t is strange that firm
occupying the position OF Sachs II Heller
of San Francisco, should thus ignore
their agreements after the ntracting
parties had gone to such trouble and
loss to meet their portion of the agree
ment, and if there is any justice or equi-
ty in law the Messrs. White and Gold
smith OF this city will get judgment in
full for the amount demanded. Such an
action from business firm demands en-
phatic rebuke, and the victimized parties
will undoubtedly receive the amount
asked for to make them whole in the
OUTRAGEOUS TRANSACTION.
We have shown the action of Messrs.
Sachs & Heller, of Sap. Francisco, and
we will contrast the standing Of the Port
land firm, For many years the Messrs.
White and Max Goldsmith have Occu.
pied leading positions as merchants on
the North Pacific Coast, and have made
sales and conducted a business wherein
millions of dollars have been involved
and we venture to say not merchant can
be found who will come forward and
say they ever dealt with himin any
manner but straightforward and TO
the letter; men whose wCrd was as
good as a bond, and when their word was
given the dealer was satisfied to the re.
suit. The merchants OF this city and of
the whole interior are indignant at the
treatment they have received, and hope
the law will be dealt honestly and TIE
firm be given a judgment for the dam.
ages they Justly claim.