St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-09-15
SATURDAY AT SALTWATER
Attorney Searles Talks Of the Suit
Against Sabin.
WHAT 1T WAS ALL ABOUT.
The Ex-Senator's Side OF the Case
Fully Explained-Social Still
water.

water.
Ex-senator d. M. Sabin returned to
Chicago from New Albany, Ind. yester-
day, and is expected home to-day from
his protracted absence East. In regard
to circumstances preceding and lead
ing up to the suit instituted against
Mr.. Sabin by MISSIONER, }. N. Searles,
of this city, says that year ago last
spring the affairs of the Dakota Insur-
ance company became in, such bad
condition that the then president,
WestOver, interested certain per-
sons, among them member
of the late Minnesota legislature,
in securing assistance, and that the lat
ter gentleman in turn interested SEN
atOr Sabin. 1t was represented to the
latter that if he would advance $4,000.
a sum alleged to be enough to tide the
company over the existing trouble, he
would be secured and the company
be placed upon safe footing. Senator
Sabin was earnestly appealed to, and
he consented to assist if he be allowed
to reorganiZe the company, whose af-
fairs had been brought by incapable or
dishonest management to such a
state. Mr.. Searles thereupon, in
July. 1883. visited Sioux Falls, the
headquarters of the company to investi-
gate. 1t was required that the old Off
Gals surrend er their stock preliminary
to reorgani cation, and with Mr.. West
over, it was agreed that as the cOndi-
tons of affairs was found such as to
warrant the Ompany in going ahead in
business, stock of the reOrganiZed con-
Germ should be transferred to him in
place of that surrendered. On the other
hand, if the condition of affairs was
found such as to warrant it, the COM
pany should 90 into liquidation and al
low creditors to have what chance there
was. Upon reorganization 1t was found
by thorough examination of the books
that incompetent or dishonest manage
ment at some period of the cOmpany's
history had already practically wrecked
it. 1t had been eStopped by two states
from doing business within their Dor
ders, and Commissioner Shandrew, OF
Minnesota, had called halt on the
company. preceding possible excommu-
nication ON the part of this state. The
company had, except its building, no
assets except paper past due and con-
tested, and the entire assets would not
realize at forced sale more than 10 per
cent of the Indebtedness. 1t was there
fore Immediately decided to put the
concern into liquidation, as previously
expressly stipulated with Westover,
and receiver was accordingly ap-
pointed.
Burglars effected an entrance In Peter
Stenlund's saloon at South Saltwater
before daylight yesterday morning and
took $3.50 and a watch worth $40 from
the safe. The safe was cracked by
drilling hole half an inch from the
combination and through this aperture
inserting some instrument and break
ing the lock. The visitors left broken
drill on the safe and had strengthened
themselves by drinking a bottle of
whisky. In the same neighborhood
Fred GramenZ's saloon was also broken
into and the till robbed Of S. or Sc.
Probably the same thieves attempted to
enter the residence of Joseph Dahm in
the city at o'clock in the morning.
They bad broken off the lock of an
outer door and were frightened away.
John S. Vandiver, editor of the Still
water Democrat, and Miss Bessie Mont
gomery, of High Forest, MIMI, were
married at o'clock last evening, at the
residence of John P. Walsh, 1914 South
First street, Rev. w. 81. Albright, of
the First Presbyterian church, perform
ing the ceremony.
Quong Wing, an ornament to celes-
tial society of Saltwater during a resi-
dence of about eight years, left last
evening for Canton, China, where he
will return here with a bride. He
wanted to be married as an American
citizen, but Judge McCleur was obliged
to refuse him.
The case of Henry Burlee, charged
cent assault, was yesterday continued
until the first week in October.
SOCIAL SALTWATER.
The dinner and supper which was to
have been given last week for the bene-
fit of the Methodist Episcopal church
will be given next Thursday, Sept. 10,
at the Jassoy block. Dinner, 80 cents;
supper, 25 cents.
R. w. Nisbet goes East Monday under
arrangement with Manager DAILY, of
whose New York company he will be-
come member.
Harry G. Clark and sister, of Detroit,
Mich, were guests at the residence of
their brother, DR.. T. G.. Clark, early in
the week.
Mrs. A. J. Orff and children returned
home yesterday from summers resi-
dence at her husbands farm in Dakota.
Misses Riki and Minnie Ziegler, Chi
cago, are visiting their brother, Officer
Fred Ziegler, of the police force.
Mrs. E. j. Treat is now in Minneapo-
lis, and will resume her Saltwater resi-
dence in few days.
Gilbert Strickland, private secretary
to Cashier f. NJ. Prince, is visiting at
Washburn.
Mrs. W. II. Mills, of Minneapolis. was
the guest during the week of Fred
Scott.
Mrs. e. f. Murdoch, of Minneapolis,
is visiting her son, Judge II. R. Muir
dock.
Miss Gibbs, of New Bedford, Mass,
is the guest of Mrs. 7. G. Clark.
Miss Fanny Jordan, Chicago, is the
guest of Miss Tillie Paulson.
Frank Woolley is spending his leave
of absence at Grand Forks.
]. G. O'Gorman returned Saturday
from trip abroad.
Senator Sabin is expected home from