The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1885-07-22
TOO MUCH .sDOLPHIN." ;"
The Baildcr Of the Cruiser goes by the
Board.

New YoRK, July 18.-John Roach, the
famous ship builder, made an assignment
to-day to George W. Quintard and George
E. Weed, with preferences OF about $122,-
900.
The assignor first directs that the wages
and salary of all employees be paid, and
then he prefers William Rowland, of New
Brunswick, N. j., for money loaned, work
and labor done and material furnished,
$62, PIT, for a part of which he holds four
promissory notes made by Mr.. Roach; a
promissory note made by assignor bearing
date of June 10th, 1885, and payable in
three months for $50, 900, which was dis
connted by the Mechanics and Traders
Bank OF Brooklyn is also preferred; P. W.
Gallandet & Co., for money loaned and adj
vanced, are also preferred to the extent OF
$4,000, which was loaned about June
9th last, $4,000 July I'd, and $4,000
on the 11th inst. The assignment then
directs the payment OF all other
debts and liabilities due or to become
due, together with all interest money due,
including all lawful claims against Roach
by W. R. Petry, Thomas F. Rowland,
James E. Ward, George w. Quentard and
William Rowland for indemnity against e.s
penses and liability incurred by them by
reason of their having become sureties, and
having executed bonds at the instance Of
the assigns and for his benefit upon certain
contracts entered into by assignor on Or
about the month OF July, 1888, with the
United States represented by the Secretary
OF the Navy, for the construction OF three
steel cruisers, known respectively as the
Boston," Atlantic" and Chicago" and
the dispatch boat Dolphin, and the law
full claims OF the estate OF Levi Kerr against
the assignOr by Kerr, now deceased on GER
tain OF the bonds and contracts.
AT THE YARDS.
CHESTER, Pa, July 1S.-Little, if any
thing. can be learned in this city concern
ing the assignment Of Roach. His son,
John, Secretary of the Delaware Iron,
Ship Building and Engine Works, started
for New York early I'm the afternoon, and
the treasurer of the company had no in
formation concerning the matter, and even
doubted the truth of the report. The 500
men employed in the yard received their
weeks wages as usual and expect to go to
in the force, which has been going on for
weeks, has decreased. just one-half less
men were laid of tonight than for a long
time. The only unusual thing that took
place at the yards to-day was the loading
of the ship, built for the Mallory Line, with
all her anchors. chains, ETC., and towing her
to Jersey Channel after 5 o'clock.
It is rumored that the United
States Marshal either took possession or
will do so at an early day, but this is not
verified. There are persons in a position
to know who say that Roachs credit was
just as good to-day as at any time previ-
Gus; thas he is not financially embarrassed,
but is abundantly able to meet all obliga-
tions. The cause Of the towing OF the
ship out into the stream is also said
to arise from some trouble between the
company and the wrecking company which
siezed the "Gaudalupe." Most of the ma
chinery from the ''Gaudalupe" has been
put in the ship and the wreckers are fol
lowing it up. Hence the rumor in reference
to the United States Marshal. The trouble
it is said will be cleared up in few days,
and all go on as usual at the yards.