The morning call., 1893-12-22
THE END AT HAND
Whittier, Fuller s. Co.
Dissolve December 81.
The Old Firm Will Be Incorporated
With Mr.. Whittier at the Head.
Fulier'S Future.

The announcement has now been officially
made that with the closing OF the present year
the partnership which for over a quarter OF a
century has existed between the members OF
the great paint ana oil house of Whittier. Full
ler & Co. Will expire by limitation. Yet not
withstanding that there are less than ten days
for ii 10 live the members OF the firm profess
total ignorance as to how its affairs are 10 be
wound up. That they are TO terminate on the
last day of the present month is vOuched for III
the following circular which has just been sent
out from the Oakland branch house:
SPECIAL NOTICE.
OAKLAND. December 10. 1898.
Dear Sir: AS the firm OF Whittier, Fuller ~ Co
WIZ expire by Limitation on the 3lst day OF De.
cember, 1898. and will be dissolved from and
after that date, we would request you TO remit
your account IN full. II convenient, on or before
that time in order that the outstanding accounts
oil the firm may be closed with the least possible
delay. Your attention TO this will greatly oblige
Yours truly. WHITTIER, FULLER ~ Co,
Oakland.
William T. Fuller Jr. when asked about The
Circular. said he knew nothing whatever about
II. 81 did not send il out. Mr. Whittier did lt
on his own account, and that is why know
nothing OF II. believe IL has been sent from
our Oakland house TO all our customers. There
Is not a WORD that can give you concerning
final settlement, There has been nothing new
for the last two weeks. When anything does
turn uD VIII let YOU know"
During the entire afternoon Mr.. Whittier was
.clOseted in his office with several gentlemen.
lie had given instructions on retiring that lie
was not 10 be Interrupted, and on emerging 10
go home said lie had nothing new 10 say. ii
was learned however, that Mr. WhttieTs Wis
liorS were engaged In going over the affairs Of
the hIm. with 4 view OF a formation of a new
partnership as soon IS the old one was dis
solved.
AS the time OF dissolution draws nearer the
delerm nation of the partners that neither will
sell out 10 the Oiher grows stronger instead of
weaker WIFE a continuance OF this deter
mlnaliOn 10 the end the accepted theory is that
the stock of the firm Will be divided pro rata.
according 10 the amount OF stock held by each
OF the dividing members The firm has branch
stores in Oakland. Sacramento, Los Angeles,
Portland and Seattle, ard the same divisional
condition OF a fairs Will undoubtedly exist in
pose that Messrs. Whittier and Fuller have
equal interests IN the finn. with Mr.. Woods
holding tile balance of over. Mr. Whittier
owns 90 per cent OF the stock OF The firm, Mr..
Fuller 81 II per cent and Mr.. Woods 1212 per
cent. In giving the division of stock, MIR.
Woods SAID: understand me well when say
that this holding OF STOCK means that Mr. Whit
tier has 62I2 per cent OF tile good viii of the
firm. have none"
From this statement OF facts ii Ia conceded
that the old business of the firm will be con-
Quoted by Mr. Whittier and that Mr.. Fuller
VIII be The retiring member. AS 10 what his
but from one close within II is confidence 1t was
learned that he has fully determined to open
another store In san Fra nciscO with branches
at different points Ihr OughOuJ The Slate and
Northwest. Should The old firm be reorgan-
lZed, as yesterdays proceedings would lead 10
believe, 1t VIII be with Mr.. Whittier at the
head and as an incorporation.