The Republican journal. [volume] (Belfast, Me.) 1829-current, 1883-08-02
Maine Matters.


Ii
TIE FIRM, S3,500,000; ASSETS, S5,000,000.
The Boston journal says: F. Shaw & Bros.
the largest tanners in the world made an as
ignment to-day (July 30th) to +. A. Wyman.
The liabilities are S3500000: nominal assets,
So.0OO,0O0. The assets consist of tannerieS in
Northern Maine, New York. New Brunswick
and Quebec. The company owns one and a
half million acres of land in Maine. The imme-
dlfte cause of the suspension was the failure of
Copeland * Co., who owe them S400, 900. A
remote cause of the failure was the suspension
of the Pacific Bank year ago. Shaw Brothers,
at the time the bank collapsed, held number
of boot and shoe firms above water who lost in
failure of the bank These firms they have
been carrying ever since and perhaps they will
be heard from IN day or two. The creditors
are chiefly Maine. Boston and New York banks
and some of the largest hide and leather houses
in Boston. The tanneries controlled by the
concern will be run to work up the stock on
hand and will probably continue for six months.
The Bangor Wing and Courier of Tuesday
SAYS:
The announcement on the street last evening
of the suspension of f. Shaw 4 Bros. the eX-
tenSlNc tanners. was a severe shock to the bust
ness community and expressions of deep regret
at the financial embarrassment of this widely
known firm were general
The headquarters of the firm is at Boston
and all their paper was promptly met up to two
o'clock Yesterday afternoon when an assign
MINT w as ilIdttt pN iucln 10 MI. fertlllailu "A.
Iman, of Hyde Park, Mass the same being
recorded during the afternoon in the several
counties IN the States and Provinces wherever
their property was situated.
Mr.. WYman passed through this city last
evening on his way to Boston from Napceboro
Provision is made in the assignment for aSsoci-
ate assignee or asSignees according to the vote
or desire OF creditors. 1t is understood that
the suspension has been brought about princi-
lally by recent heavy failures i'll Boston, and
81,
Saturday last of Copeland & Co. 1t is not at
present known what is the amount of the in
debtrdness of +. Shaw X Bros, but it is thought
10 hr Very much less than the supposed value
IT their property which has been roughly es-
timated at Sj.O00.000.
The firm of +. Shaw d Bros. has long enjoy
ed the reputation of doing the largest tanning
3nd leather business of any concern i'll the
world Their possessions comprise over TWEEN
~ tanncrie> in Maine. New Brunswick Cam
ada New York and Massachusetts. and also
numerous extract works in the States and Pro-
NiNcc>. Operations have been carried on by
them on very large magnitude and the amount
IF business conducted by this one firm reaches
a~toul>hin@ly large proportions In and about
their extensive establishments large crews have
been employed, and when is added to this the
force engaged in gathering hemlock bark in the
forests, the number in their employ attains the
dimensions of a large army.
IN Maine they have seven tanneres. namely
at Lincoln. kngman Forest City. Jackson
Brook. \anceboro. Grand Lake Stream and
Princeton. The tanneries at Lincoln and
l'rll reton We're purchased about Il year since
by +. Shaw X Bros. from the creditors of Wm
Stream +, RECOGNIZED AZ The LARGEST one in the
world They also have srr4ferod throurh
eastern and northern Maine several cvtrart
works.
Thu. firm of f. shaw 4 Rros i. ono of lono
Standing and Ina, hrrn onpamed in hi. IIsina.7
for an extended series Of Years Tbn finn COM
pri>rd Fayette Shaw. Of Boston. RrarLIny
Shaw, of Montreal. and Nm, : shaw VIA
died in Boston in September last. These three
owned all of the ttnnrrv nronartv doscrihaJ
above cyccptinr thp observation-disclosures at Tanro-
horo and Forest CITY. which they owned in
common with their y6nn@r.t hrnthnr rhaytrr
Shaw, of Bangor.
The su.nrnsinn can lint b,,, =. ,lissyfr.,,,.
effect throughout this section. Directly or
Indirectly it, influence will be frIr Inv many
throughout Penob>cot. Washington ami Aroos-
took counties. Until additional nartirul,rs Ire
i>certained concerning the liabiIitirs Of the
firm little can be forctold regarding the future.
\ meeting of the creditors Viii be very shortly
held in Boston.
lilE TEMPERANCE CAMPAIGNING.
The third annual tcmDcrancc camr-meetinr
openet[at AXE Maranocool Saturday .JuIy 9Sth
with unfayorablc weather. but a GOOD attend
ancc Childrcn'S Dav exercises began al II \.
A.. with music by Chandeliers Rand and con-
sisted Of determinations. recitations and singing.
Mrs. II. Barstow. State Superintendent. prcsid-
mg The afternoon meeting opencd nj two
o'clock Coy. Robe entered the stand during
anu tIlliS,lch ItteP1Ioll: Iol. T..
iiIi o,.uIeI ny ~ y -hullsoh
1liG 'il|till,a "oHi lobe made lhe opening
ur,hii,;t,on 9n,r,.a.',,im7 'lo, anu
!l,l,.s,,, 49, ~ i,!t1.:s I"tc an
,nent foiIo, ~. D. Iiliell-
O>@oni rn.'lins, i NJ ~, ~ Nv = ~
GUIDED the meeting. after which the Iou.,yrs
,,.,,. n>biIitil,, ,iiii ""i'" 'i' >o''''es
StnT, tira'' tio W. ~ ,,, .,1, A.,
,,.,tin,r i,,I,,I;n " ] ~ ',t, ~ 'ti'
Iro,ninnnt ,ori.nT. H. H. f.( iu,i ~ -, 81
iner f, ,,foI IA 'liI ~ @ a iileTt-
NJ Ii n9 ~ ~ TlOhVu d. Uhe onLoch'
l.,,'' , ,l VI i's,oili Pie>tlS Ilere
~,Iof Th.a nf r,lo inI 'iiiUi'7 I- til,iii
hu,., ~ pntI,,l - "'l't 49, l.. hlnSs
LaI,:n ~ n,,o o.aia'il NJ wv i!lcetlh9
l,r5.iIlnt If I'm, ~ - n = f y Hii, ~
i1% Wr. NV II,;nt f p D. % Htllig, piesi 9
dress At oi tIa n1oSimit' rii'uf t.i a,,-
,annj ,,,lo ~ iiio l4> ~ Inet.iHI con
If t:I ,r,,, - " 'ii' !, " any ~ i-ou5e
Gr.1J W.th ,'hi r"I D. ~, y i1l ses
,h. Nm. ,rItidcJ iLi l'l ~ 'e III ii 11l III
an tfn t;t,,ti,I 80 j." w 1'.li ~, ~"
I;h II nI "iiiIINiiirilt ny non
pnrtGinI :'' ~ I'm, ~" ] LOW VI
l.,iI nyS>iott - ine NfaIu ootlhcll OF
r, II %i,' - Ii W d. =: lorseN'
Bracket and NJ j. Dow was held and nlans Of
iululr Wofk discussed. The meetings were
participated IN by representatives Of all creedS
ana parties ana We're very cessful.
VETERAN REUNION.
Tho Xoto,..,, ,.,.;..+i,,, .,-e.,o,
N,im, E,i, ,,I ,I ~ vi the so "a
.,i,T m 5,ti, H. ',,t li1 I'll -lsi: u 72u'
,,i ,,,ii lt.SLIleh's VII hoid us
IL 1.S2 a : al -iuSust If ana
li, r,,a. ,,,oi,,, III eoslo. Vi c;tlilp
'I business meeting ana pa
- IN ~ f sr's - ~, p"nquet' aduresses'
Inn il; i iiTliletIG coilc .
iii<,l mi H. nv spltaitl Oh the
,t - ~ ~, ~ iliG ihehlperH' ana
-. ~ W. ~ ii>iieu lIee 70 an VINO
,.il,a.I f ili' ~ Ia Ugh litut WIN
i,l f1n, ioi tnI iouin mp ltiil
ti.tit ~ ',i t,iG n]'ne ettral
.iIroaJ NJ ~ Tma,lf Al 80 ~ Eastern
,,i,,.ioI Nv n 'i "1e1'1 ~, -AuS1sI l4th' ac
.,,J St4r ~ nf+ D t, NC NoN tlnoI
u ,I St ! ~ tiiiIne ooillllahuer Oh ihe
,.ti,,1.hd ,,,at ~ I'ie, "no many olneT
fnvif.,7inn Nv" Ion,, " ~. pr PlgNchi. a cofua
+ ~ rAteHcu 10 lne veterans
,,,i1, NJ N e., Iol 10 ht''Ilu 'ile " a. H.
ii III N - 0oooh III tne nun; ana Il spe-
Nhot at ~. ~ r~, i'go 10 ,ihe i TO lle lke
il odl ~ NoiilLuts VINO nave not
questcd to correspond with Hon J. O. Smith
at Aususta 1or any information required. In