The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-07-27
BLUFFING JOOsT.
An Attempt to Get Him to
Pay Up.
THE SHERIFF ON HIS ROAD.
Every One Agrees That the Property
Is Good-Questions as to the
Management.

President Behrend Joost is having more
trouble with the San francisco ana Dan
Msteo Electric Railroad. The cars are
running, but the Sheriff has nominal
charge of some of the plant at the instance
of the Thomson Houston Electric Com
pany.
The latter company sold the road at its
institution a number of dynamos. motors
and tracks at cost of $15S.o0O. of which
$4,000 has been paid, leaving balance
Of $4,000. no part of which has been paid
since June OF last year. The terms of the
sale gave,the electric company the right to
withdraw the machinery at any time thai
the road defaulted in payments ire
spective of the rights Of creditors or pre-.
iudice to the value Of the stock.
This the company took preliminary steps
toward by putting in the Sheriff on Tues
day night.
Thomas Addison, general manager OF
the Thomson Houston Company. said yes
terday that his company had failed to H.
duce Mr.. Joost to pay the money due, and
he thought 1t h ad been very lenient in not
proceeding before. Overtures had al
ready been made but no settlement had
been reached.
A. G. Eels. attorney for the company.
said 5000 had been due two years and
his people refused to wait any longer.
The road. he said, was good property and
had friends who ought to come up with the
necessary money. Jcost had not paid his
oil or coal bills, although it is understood
there was credit balance OF $4,000 a
month from the proceeds of the road. His
40 boA ina tod a ia
off fifteen cars out of the thirty used on
the road. leaving enough to hold the fran
chise, and if some settlement were n OF
reached in the five days allowed by law
the plant owned by the ThomsOn-Houston
Company would be taken out, shipped
East to the company's works, tinkered up
and sold to some one who would pay Tor
it. His priDciI ais did not come in as
creditors; this was u proceeding in re-
plevin on goods owned by the Thomson
Houston Company.
C. c. Butler, who has had difficulties
with Joost, was said to have some inter-
est in the present proceedings. This he
denied yesterday. He said he was too old
to wish to get control of the road. which
gality of the step If it interfered with pub
lie travel and prejudiced the value of the
stock Far from having favored the pro-
ceedng, he had got the ThumsOn- Houston
people to postpone it for twenty-four
hours.
He thought the man agement of the road
was bad. Still Joost had majority of
shares and could run the road as he
chose. Joost owed him 100000 and had
not paid any interest since July. The in
tereSts were conflicting. but the road was
an excellent property.
Pres dent Behrend Joost was worried.
but said the road would run as usual for
the accommodation of the public. Papers
were being prepared to stop proceedings
and friends were interested. He had not
been able 10 see Mr.. Spreckels that day,
but hoped to do SO soon.
II pressure were applied c. C. Butler
would lose the 100000 due him and would
be liable to be sued by creditors to the ex-
tent of his stockholders liability. On the
other hand, il let alone. every obligation
would be met. The Baden branch would
be completed in four weeks and the park
branch along Eighteenth street would
soon be under way. The Midwinter Fair
travel would be big item in the pro-
ceeds of that branch. All he asked was
consideration.