The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-06-30
WILD RUMOR.
c. S. Wieland Reported
to Be Bankrupt.
HE PROVES HIS SOLVENCY
AS Indorser of a Note for Friend
He Gets Into a Lot of
Trouble.

A WlfQ rutnOr tDdL CndrieS .. Wleidn0,
one of the Weland brothers, and a son of
the late millionaire, John Wieland. was a
bankrupt, gained circulation yesterday
through the medium of men interested in
suits against the Wieland Bros.
1t was reported that Charles s. Wieland
was insOlvent. and that he had transferred
all of his property, real and personal. to
his brothers, in order to escape the action
of suit in court brought to recover money
due by him. Investigation proves that
the rumor was not only incorrect, but that
it has done a great wrong to Charles S.
Wieland.
The story of the cause of the rumors is
as follows: On April 5. 1893. Charles S.
Nleland Endorsed a note for u. Gutman
Tor $1,000 as an accommodation. Wieland,
Gutman and others were Interested in
the Clinton Consolidated mine in FL Do
RADIO County. and were developing the
property with view OF selling it in for
eign markets in case it proved anything
less than ''big bonanza" An agent was
sent to England TO dispose of the mine,
which was paying about So 3712 ton at
the time, but The investors were doubtful
about the ledge holding out. and concluded
10 let some one alse take the chances if
purchaser could be found. Only six miles
away from the Clinton mine was another
gold mine that was and is paying an aver
age of $4,000 dividends on the stock half
yearly.
AS it is understood Gutman lost faith
in the mine and was helped out by Charles
Wieland when he wanted to retire. The
note was made for Gutman and he got the
ready money. BY and by the note came
due and Gutman was unable to pay ii.
Then his indorser, Charles Wielaud, was
called upon to pay the note. S. NJ. Short
rid ha 20 he into .,
viSed Charles Wieland to resist payment
until it was proven beyond doubt that the
maker of the note, Gutman, was unable to
pay. The suit against Charles Wieland
was brought by James Hilton through his
attorney, Gavin McNab, Hilton represent
ing the bank that had cashed the note for
Gutman when 1t was made. The day the
suit was brought, last Friday, there APP
peared in the real estate transfers, as pub
liShed from the records at the new City
Hall a number OF transfers from Charles
Wieland to Robert Wieland Of one-ffth
interests in certain properties situated In
different portions of the city and county
of San Francisco.
This publication led the attorneys for
the bank that James Hilton represents in
the suit TO recover the money paid on the
Gutman note to commence proceedings in
attachment of all the personal property
owned by Charles S. Wieland in order to
brought was based. Charles S. Wieland is
one of the heaviest stockholders in a soap
company, and the company had numerous
horses and wagons CHARTERED at the Ne
vada stables. In con sequ nee an attach
ment was levied upon the horses and
wagons at the Nevada stables by the at.
torney for Hilton, but when the deputy
sheriff went to serve the attachment on
the rigs" he found that Albert and not
Charles 5. Wieand had owned them since
last August. Then an attachment was made
out against the yacht Aggie, which Charles
5; and Robert Wieland own, and keeper
placed on board the craft as she rode at
anchor in the bay. Charles S. Wieland
had invited small party of San Francis
cans to go on the yacht to Santa Cruz
tomorrow, and the prospects of having
the Agge commanded by deputy sheriff
during that trip was not pleasant, so for
the first time since the suit was brought
Charles Wieland bestirred himself.
He went to Sam Shortridge, The attorney
for the Wleland estate, and explained mat
ters. After Shortridge had expressed him
self as to his opinion of men who did not
tell their lawyers and their doctors the
truth. he proceeded to get out bonds which
look into the case.
Now this Is the whole business"
said Mr.. Shortridge last evening. "All
talk about Charles Wleand being insol-
vent, bankrupt or anything of the kind is
pure rot and bosh. | don't often allow
mean what l say. Charles Wieland in
dorsed Gutman's note, and if Gutman
don't pay it he will be compelled to do So,
but believing that GutmaD can pay it, or
can be made to pay it, Charles Wieland
doesn't propose to be bulldozed into pay
ing another mans debts. The transfer of
the property on Tuesday last Is simply a
coincidence. The estate of John Wieland
was divided into five parts and conse-
quently each heir owned one-tifth of each
piece OF real estate.
Nov. in order to get the estate in shape
so that each heir should own individually
certain property, one brother or sister has
been deciding their one-fifth interest to an
other brother or sister and in return the
brother or sister to whom the one-fifth in
terest was decided turned around and
decided his one-ifth interest in another
piece OF property to the brother or sister
who had decided their interests to him.
And so 1t has been going on and will go on
for year to come. OF course, one piece
Of property is worth more than another
piece OF property, according to the lOca-
ton OF the same, and the values have to be
eyened up.
81 can tell yOu this. If / desired, |
could this minute" said Mr. Shortridge,
go and pay that note out of the funds of
Charles Wieland that have on hand, but
we want the man who owes the money to
pay it. 1t would have been joke on
Charlie" continued Mr.. Shortridge laugh
ingly, 'f he had been compelled to talks
an unlimited guest down to Santa Cruz.
A case of 401, Ell? But he wasn't COM
PEELED to do anything of the kind. Gut
man will pay that note, and il he doesn't
Charlie Weland will not be forced to sell
any of his effects to do it.'
At the Nevada stables it was learned
that the last sale of horses, harness, etc,
by Charles S. Wieland to Albert Wieland
was made month ago, the first sale being
made in August last. Wieand's friends
laugh at the idea Of his being bankrupt
and say that he has simply refused to be
played for a sucker
LEAGUE OE PROGRESS