New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-03-02
interfere with the company's es-

s,cd The fire will not interfere with the companys ee
tabs!ahmcnt Ffh.ave
HOW A Rig CIGARMAKING FIRM SUFFERED
Another firm that sustained damages war fowe',
Wengmsnn & Smith. the cearmakers VINO o'..'. w
ths greater part OF tho big building In Forty seco"a
Joining p-at Of Potter & Stymus from wmcn. :" az
n vas on,v scparated by a fire Their entire STOCK
ana plant were destroyed MI Wen'gmahn "oes -,
loss ould range from 100000 to sl2Sooo counting ~
stock hand loss through untitled oraers e'0 Ia M
usually carry about $4,000 worth OF INSURANCE ~,' WI
wonrmaun thought that Of these policies had been
sliowei 10 lapse ,
The other suh-lesses OF the building were Thesis
rrur stone cutters who occupied the basement 10 rory
Their IL thought VIII cxceea sSoooo ana
Is only partially covered by Insurance.
wu,,.n, n Fate was among the most fortunate OF the
ouaiue's occupants He had just moved nearly all ms
.,oct 70 new warehouses. thus escaping with COM
,,r,,ivex light loss from $4,000 to $4,000 George
Reioae cabinet-makcr on the fist floor OF the Forty
arst. side everything lie Is probably ont ABOUT
s,oooo Another lessee Peter Loughin, furniture
maker will lose much but he Is Insured 10 some
extent The Pneumatic Tool Companys shop was In the
basement the Forty seeondst side. It's loss is
10000. covered by Insurance. Mr., armstrong
carpenter builder. the third story
estimated hi. damages at s2a,O0O which
there Is some Insurance The Sargent Manu-
featuring Company makers Of folding chairs, had its
plant worth $4,000, ali destroyed 1t was
insured.
These composed all the companies occupying space in
the building. but all the victims OF the FIRE by any
means All the houses across the way In fortyhr>t
st. we're drenched but in no case except possibly
the southeast corner of Lexington
ave-, will damage be more than nominal None VI
the houses facing Third ave- were seriously DAMAGED
brick row in Fory-secondsL eNtehohg
from Powell wen gnann Smiths 10 NO 100 VIII proo-
ably have 70 be rebuilt They are all old structures
and those nearest tho fire. that Is, from NO.
1zs to I54, arc completely wrecked These De-
long TO J. ID. Renwck, OF brooklyn. his loss
Ia put at s16 and is insured The remaining houses
In the row belong the Laimbeer estate. which Will
probably than the tenants some OF whom suffer
severely according TO their own accounts Thomas T.
Fagen I5S said Tint a2S COO would not reimburse
him for the damage TO hi, place by hrc and water HIS
Insurance only sIs.00o. His next door neiehbor. j.
ID O'DonnclI iQ,or dealer. more fortunate. His
loss was only about $500. Schwartz brothers. wine
merchants No. 14s. also escaped w''h Slight loss
- oOo against which they have an insurance OF $4,000
Alexander Sherman another liquor man. places his loss at
10000.
Cooper Hewitt 4 Co. own the portion OF the block OF
browns,one fats the north side OF Fotj -secondsI
which was damaged The buildings can probably be re-
paired fo ST. 900 $1,000 but the losses OF the Inmates
are serious This Is especially true In regard to the
Vanderbilt Hotel Matthew Clune. the Proprietor. do
clscd 900 would not aver the dam &c Ion" 10
him The entire FortysecOnd ST. wing Is soaked
lie succeeded however saving all the baggage OF his
guests His insurance Is $4,000 Several small stores
side Of Forty secondst were injured by water but
q 600 will cover damage done to any one OF them
They all well insured In this respect they are more
fortunate than many OF the tenants who live in the fats
None able TO their furniture and IN con-
sequ ence In instances almost destroyed win
Vatr.
that the Manbat'an Storage warehouse for'
and IsxDgtonsve light ross tho way from mo
butnei factory brought acrowd OF people TO the
.cene n, have .one of the OF goods stored
there The OF course without the least founda
tics The lily damage done tho mammoth structure was
The window by the intense heat ana
tbs burning the flagstaff on top OF the building.
A sKEICH OF POTTER e. srrMUs.
Potter & stymus Manufacturing Company exciu-
sively occupied the building al LfIiDgoDave, Forty fret
and until 1884. when they opened ther
new Fthave. and Fsrtv -seeond-st. ter
company subet the greater psrt Of the Lexington
factory contracted out portion of Their work TO the
workman In that building This firm OF Potter q BY mus
formed ia 1885,, succeeding H. r.. Rochrpot VINO had
established the busness The firm catered for
wealthy class OF patronage and obained hrsc ass repu
1869 thev nco porsted the business ibio stock
company led The Potter Stvmus Manufacturing Com
pany which has continued ever since under 'hatsye Tho
company formerly did large business anu held
the loading post In tho trade and
their name had worl l.wide reputation
The concern close corporation. tho capital ueiag
Ss0UOOO In lsSS Angus, Potter the president bought
Rutgers College property Fnhave. near Fory.sec.
osds which the company put up large uiidini val
s400OO0. About two years ago MT Potter who had
been many president was succeeded BY August
Pott put nephew Adrien Potter IN pesdsat
In POTTER again became president.
A. Nj. p
for resigned then aud was sue
ceeisd by Frank r. Pentz.
lev months the POTTER & srymus Manufacturing
curta their business and short time
need thai the would INTO quidati"n
ssd succeeded by tho Potter stymus Company
The batter operative association composed OF the prn
oipa OF departments OF the old Adrisn A.
Potter Is president william s,ymu. vcepresdent and
The capital place. al 100000
that they purchased the stock plant
model. ETC. Old the factory in lexington
AVE. and take possession and begin business On
March
THE GOFLFT BROTHERS PROPERTY.
At the Office Robert and Ogden Goeet No West Seven
TRIBUNE reporter Was told that the property aud
buildings In Lexngtonavc be ween Fory'hrst and Forty
s~ornd and the bok 10Th streets
about l75 feet. were owned by them. IT Is no part
0ooe, estate but has been bought mp ov the
brothers small parcels from time TO time Efforts 10 pur
chase the pro trty right ihrurh 1htave have ~ far
futile owing TO the feDg Inter ests Oh Tie nuntr
ops hrifs the Lsmbeer estate
About 30 D. M Og GOeet himself came into the ONCE
l.okLg possible la Iepy toa Question
hs SAN;
los we own the properly they tell 1t is being
duel hes as Ispiuy possible don't care 10 SO
any hug tie LOSS Time enough Tor that wien
have up look the tonorow quarter oil
miiUn you say WELL perharssc. perhaps not The heiS
stul burang believe As TO The nsuisnco eahho'sA
to-day you make guess that The loss pretty
fully coveiod wI.l moi contradict you
estate The wn0e 10 valued at ABOUT twenty
I'VE miilvu COLLARS hOUtrt anu ok"eh "oe'o~ ""V ~'e
lenaers IN society nno houses Oh fitaVo
are sous Robot GOset who died sons time ago. s-V
ins xroat estate aud nephe"sot Peer
ov.st no died leaving even property The same
Kind Peer Stands Al the nOrsas1 corner oil
uetesLta,.st. and BROADWAY and Is occupied ny Mrs
hannah Gerry. who 10 daughter OF one oil Peter ooest.
sisters aud line EDrge T. Gerry Commodore OF
the n y York Yacht Club.
WORKING ON THE UNION SQUARE LOSSES.
No exact estimate of the losses to the Courtlapdt
Palmer estate, Though the recent fire al tho Union