New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-05-23
ovNfE, OF ROY NLIIE> RETIRE FROM TIiE' CON
Germ

Abont eight year. ago the Mack brother drew ont
, ,,. r.st.rn company and # understood took
,l, them valuable royalties on III" high ar'n the
.lfthrrldng shuttle. the loose pulley bobbn wihdrr
and tlic adjustable, bearings This took c"nSd'rab"
strength from the company. ohc "l tn- "rN' N'"'"''' =
II fla, company to build The large buhdlhg ~
rr,,ivav and Fonrte,nthst.. rs main Office build
,r I, VI. ON leased ground. and by the terms oi
u,. l,4,., the building to revert To th" land
gunner ., IA. expiration Of the lease. II /, under
,o,d thnt th, lease expired within III" last wear
Il. COMPANY hal been getting BIZ reniN from the
building.
Three. years ago confidential clerk named West
over In the Woodworking Department. was accused
II mi-approprating large sums OF money belonging 10
the company. II was alleged that 'ohSpr"" 'N
l.t.d TO plunicr the conpiny. WrSiovcr disappeared
bat returned som" time alirr""r' an" '"' ''
did not pru,ccut' him. ,
About (. year ago there was 4 REORGANIZATION "
the company. when John ID. HARRISON P"''
leather manufacturer, who recently iail'h. WIS f"
tic president although he never took an ncuNc P"'
In the management. John Dane. IT. who lives III
West Orange. y. j. Is counsel ipr p'u 'H' r~'''V''
and Western companies.
THE COMPANY DECLINES TO ENTER THE TRUST
Recently negotiations were opened with the Do
nestle Company to enter Il sewing machine u"S''
Two weeks ago II was rumored that III" COMPANY
had refused To INTO II, ana liNt lh<' " ""' '''
I'm Newark tha, the trust people were pressing the
company I'm consequence Of It's refusal. Iresd'h
Harrison was seen At his home III Highest, ias'
evening by Tribune correspondent lie said that ne
was only ncmInay the president as the comP'hN
was run by David and George Blake lie M" no. III
tended NOR, than one meeting "i 'hc co"P'hN III
vc,r ard knew little about the company's affairs
He had heard TINT the ccmiany's discounts hAd D''h
cut Off at the bank. and that the company was con
-.I li.s
which he would not repeat, as tho stories hnd not
come TO him directly. lie knew nothing personally
about the protested paper
A real estate man informed the correspondent tha'
the real estate property of the company WIS IN
,rcmcly valuable bu hc did not know how mnci "
was morigagcd for. The plant III The wv" i'''o''
buildings is valued at large sr'n
ArALK WITH TIE vIcE-pIEsIpENT'
David blake vice president Of the Domestic Sew
ing Machine Company. was seen nt II ~ D ''o'h n'S
night u, his hcme No. 800 Vernon-avc.. on Forest
mn Woodside at the extreme northwest 'ehc oi
Newark lie hac retired. but he arose, dressed. ana
said he WAS glad OF the opportunity 'i giving u"
The Tribune the facts IN the case.
,uer handing hours last saturday, Mr.. Blake
said Sc tile sheriff and the lawyer ior 'he AS'or
lace Bank called Office, ut Broad"ay hhu four
e,pth.-t Ncw.York, and the lawyer saiu that notes
~, Itn,rv rnstow n brooklyn sewing-machlne dealer,
for n. 300 indorscd by our company had gone 10
rio''. ,r forricn company. being organized under
~, W." Jaws T., VI co.rced and the sheriff at-
tnchcd the place made an appointment
% n,,e, ,h LAWYER at the Astor Place Bank ut o. Jo
o'c,neS ,his m"ruinr was at the bank On time,
Int had '. 70 w"it long time there Finally ! saw
the lawyer with our treasurer ana the lawyer ashcu
~ w. rsn,d nav several notes that VIII not mature
until June and W. said M we nnsu. wp"d mesa s ,ne %
n" lid No, sav whether he would raise the attach
mcnt not II we paid inc 1-'''o'
IN THE POWER or THE CREDITOR
"He demanded security for the notes coming due
In June and July amounting in oil to between $4,000