The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-12-11

of the road. Garthwaite had told him Bishop
that he was SUPERINTENDENT, and proposed to be
continued as such.
MIR, Garhwaile was put on the stand and
questioned as 10 the part he had taken in the
running OF the road after he had been dis
charged be also stated that he had paid out
money for the road, bnt all mat be had done he
had done for the best interests OF the concern
and not to handicap il in any way.
When asked by his attorney, Mr.. Fitzgerald,
If he had UNDERSIGNED the notice be posted he
said he had not
The taree Judges now put their heads to-
getber and concud that except FOR the notice
Mr.. Gartnwaile had shown no contempt for the
court. out In that he was clearly In contempt
Even In that, they said, he would b excused IL
he would but apologize. Mr.. Garthwate arose
glad to get off so easily. and said he would
concerned"
But" SAID Judge Greene, "Mr Bishop is an
officer OF the court, being receiver. and you
must apologize to him."
Air. Car paused moment and then
said: II apologize 10 the court and to MIR.
Bishop as court officer, but NOT to Ira Bishop,
Mr.. Bishop scowled at Mr.. Garthwaite and
Mr.. Garthwaite scowed at Mr. Bishop, and the
matter was ended.
An Ex- Banker Fails.
r. p. Thomas, agent for the Standard Soap
Company and founder OF the defunct California
National Bank, has failed for SI49. 139 so.
HIS assets. according TO the petition In in
solyeney which he filed yesterday afternoon,
are absolutely nothing
The brief details of the rise and fall OF Mr.
Thomas make very interesting little story.
HIS connection with the Standard SoaD Com
pany dates back over long span of years. AS
the Pacific Coast manager for the concern lie
was most successful and built up magnificent
business. The years flew on until Mr.. Thomas
found himself IN possession of large fortune.
b. then began 10 yearn for higher and more
substantial fields in which 10 eXpend his com.
mercial energies He looked for other worlds
TO conquer, and in an evil moment he con-
ceIVed The idea which expanded into the Cali.
tornia National Bank.
For a time the new Institution thriyed and
Banker Thomas had no cause TO regret his de-
serllOn of the soap business, Then with a
audiences like tile uuheraIded breaking OF a
squall In the tropics the bank failed for a very
large amount When the Commissioners eX-
1 amined in o tile affairs OF the defunct concern
II was discovered that the business had been
conducted without system and with consider
able negligence. A large portion OF the funds
had been sunk by Colonel }. II Woodward in
the construction of the Laundry Farm Railroad.
an experiment TO which Mr.. Thomas had fool
| ishiy loaned himself and his fortune.
After the crash MIR. Thomas resumed his old
posi- ion as agent for the STANDARD Soap Com
pany. Many suits were brought against him
10y parties who had done business with his
bank, aud recently John Che wood Jr. secured
huge judgment against him for claims aggre-
eating S139,73S 10. This was the last straw.
ana Mr.. Thomas was compelled TO seek rellet
10 the courts. Hence his application TO be de-
clared an tns0lveDt debtor.
Among the other claims is one held by ). p.
Young. VINO is receiver for the defunct bank.
for 81 1850. borrowed from the bans and secured
by the joint note of r. FL. Houghton. Isaac
Irumbo and II. z. Thomas. Isaac Trumbo
also has claim against Thomas for S7516.
All OF his ass-ts are exempt from aXatiOD.
Ihey comprise live shares ID the Standard Soap
| ComDany, 5000 worth Of personal prop rty and
home stead Ia Berkeley, valued at $4,000.
Even this. however, is eneumbered by mort
gage for S7516 80.
| Such was the disastrous experience of Rich
ard L. Thomas as a banker.
webster VIII Not Agree.
Captain John Hackett. commander of the
dredger which has been doing such good work
10 filling the nosome West Oakland marsh with
sand dredged from the bay, complains that the
Hon. J. V. Webster. late Populist Candidate
for Governor, stands in the way of entirely
plotting The disease-creating marsh from the
map of otherwise beautiful Oakland
The work OF filling tile marsh was begun bv
the city, but hr contract applied only to GER
lain area. When that much of The WORK was
almost completed Captain Hackrtt proposed TO
the various propeTiy-Owuers that he would I'LL
Tn remaining pari for 15 cents per cnblc foot.
All th property. owners, with the exception oil
J. V. Webster and a local bank. readily ac-
cepted Hackett's proposition. Finally the local
bans also fell into line. but Mr.. Webster re-
NAMED obdurdte.
CaDtaiu Hackett says that the gentle
man said be would agree to contract ror
me work ii he was given TIM to pay Tor
the filing. IL ckett said he would give
him three years-the first two without in-
terest and the third year interest at per
cent. Then Mr.. Webster objected to the
price asked by Hackett. He said he would