Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1881-08-11
AN ARuoHAur's MISFORTUNE.
a Pioneer who was Too Aocsmods.
ting 60 HIS Friends.
S. p. Daily Report. August o.

S. p. Daily Report, Asgust Q.
+. Aaron D. Trsadway, or "Uncls
Tread.," or Farmer Treadwsy." ~ he
Is Familiarity called. iss Californian and
Nevada pioneer. and is fully up to the
ideal OF . pioneer. he 10 now about sew
enty years OF sge. and 10 running over
with wise and witty sayings, many Of
which have become household words
in Nevada. Uncle Tread settled in
Carson In the earliest OF early days,
locating on q tract Of land now known
% Treadway's Park. This be beautiied
and improved by planting trees. plants
and sbrubbsrry till II became the most
beautiful spot In the S~sgsbrush State.
H. F. Rice was . trusted agent OF
Wells. Fargo x Co. at Carson. He wss
q strict business man OF strong integrity.
His word was al good AZ his bond
throughout Nevada, and he was looked
upon a. the very sxsmpliacstion Of Q
square and honest man. When Wells
Fargo 4 Co. dropped ths stock broker
age business In Carson. Mr.. Rice formed
. partnership with Il. R. Peters In the
brokerage business. Everybody In Car
son trusted implicitly In the arm and 1t
carried ON . large business. for those
we're the lush days OF mining spsculs.
ton In Nevada. Money came aud went
20 easily that, In an evil hour. Mr. Rice
forgot his conversation and carried GUS
TONERS on light margins, a. q matter Of
friendly accommodation. and the arm
plunged into the vortex OF stock spscu-
latiop.
One day there came Q behvy deprss.
sion in stock values. Everybody thought
Il would DO only temporary and that an
other boom would soon snsus. To hide
over what be considered temporary en-.
bsrsssmsnt Mr.. Rice resorted to borrow
ing money. he borrowed $40. 900 from
the Nevada Bank. and "Unols Tread"
endorsed the note. The loan was bat
for ninety days. but before the expira-
lion OF that time there came Q crash In
mining stocks and the firm Of Bloc &
Peters was ruined, it, failure bringing
poverty and d~sstitu,ion on . large num-
Der OF people. Mr.. Bloc. broken down
BY his terrible misfortune. became In.
sans and shortly after died. Peters.
who was County Treasurer resigned and
removed to Omaha. where he died In .
short time aiterward.
Last Friday Uncle Trssd's homo was
sold by The Sheriff to sstisfy . judgment
In favor Of the Nevada Bank for $40. $50.
being the amount Of tbs face OF the note
With costs and interest, the property BE-
ing bid in by the Nevada Bank.
Mr.. Treadwsy played . somewhat
sharp trick to retain possession OF the
place. but whether 1t will prove success.
iul remains to be seen. When the suit
on the note wal pressed. he married the
widow Of bis decreased brother and hlsd
. homestead declaration on tbs property.
The homestead exemption In Nevada 10
$4,000. and the place would not bring
that amount. Il was bid In by the Ne
vads Bank for $4500.
Uncle Trsad's homo 10 ill he has got
In the world. Hs has had many ups
aud downs, and 1t seems hard that hs
should BE- turned out In his old age from
the plses he has made 90 beautiful. and
that. too. through no fault OF specula-
ton OF his own, but merely because he |
helped Q friend. Business 10 business,
however. and the Nevada Bank cannot
be blamed for exscting its just dues,
but all who have ever known genial. |
kind hearted old Uncle Tread will DO
sorry to learn that hs has been bersft OF
his cherishsd home. The case will be
on the homestead proposition.
but II does not look a II there was much
..nutrimsnt" In II for the old Farmer"