davidaulloa/AmericanStories huggingface dataset:
The San Francisco call., 1895-08-02
with s1. .ooo. .ooo Capital stock.

corporated yesterday with 81 100000 capital
stock actually subscribed The shareholders
are: A. Meyer 100000, J. NJ. Nougues Jr.
$499, $50, Joseph NJ. Nougues, E. Louis Lowe
and Baldwin Vale $50 each.
The San Francisco call., 1895-08-02

LIABILITIES.
Losses in process of adjustment or in
suspense ........-.......-.--.
Gross premiums on fire risks running
one year or less, reinsurance so per
CtHG.
Gross premiums on fire risks running
more than one year, reinsurance
pro rata. ..........-....,......
Cash dividends remaining unpaid -.
All other demands against the COM
pany ...... ......-...--.....-...-
The San Francisco call., 1895-08-02
NEW TO-DAY.
STATEMENT
- OF THE -
CONDITION AND AFFAIRS
MAGDEBURG FIRE
INSURANCE COMPANY

OF MAGDEBURG, GERMANY. ON THE 31ST
" day of December, A. D. 1894, and for the year
ending on that day. as made TO the INSURANCE COM
missioner of the State of California, pursuant TO
the provisions of sections 610 and GIL OF the Po-
liticat Code, condensed as per blank furnished by
the Commissioner:
CAPITAL.
Amount of Capital Stock paid up in
caSh
The San Francisco call., 1895-08-02

Total Liabilities. s.............'
INCOME.
Net Cash actually received for Fire
premiums. ....................
Received for interest and dividends
on Bonds, Stocks, Loans, and from
all other sources.
Tot al InnOfnna
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
THE FAILURE OF A TRUST
Funds Sufficient to Carry on
the Business Were Lack
ing.
The Scheme Embraces the Issuance
Of New Mortgage Bonds as
Working Capital.

BOSTON, MASS, June 3.-In the United
States Circuit Court to-day Judge Colt ap-
pointed John I. Waterbury of Morristown,
n. j., and William E. Strong of Strong &
Cadwalder receivers of the United States
Cordage Company on petition of E. Rollins
Morse of this city as the representative of
the creditors. 1t has been known for some
time that the company was in financial
difficulties. No statement of the condition
Of the company is obtainable.
The application for the appointment OF
receivers was due to the fact that the
company has not sufficient funds to carry
on the business and was unable to ar
range for sufficient time to meet the re-
quirements of the occasion. A receiver
ship became necessary.
Messrs. Frank Sturgis, William Barbour
and John l. Waterbury, who have agreed
to act as protective committee under the
reorganization of the company, have is
sued circular, in which they say that the
conditions require an immediate introduce
ton of new capital, to be represented by
new frst-mortgage bonds, which shall be
applied to take up underlying loans and
as an increased working capital. They
submit plan for reorganization as follows
The issue of So, 100000 frst-mortgage, six
percent, fifty-year gold bonds.
The issue of ST. 500, 900 of consolidated mort
gage bonds, 5-per-cent, ffty-year gold bonds,
with voting power. These bonds are to be non
cumulative, but to receive per cent inter-
est payable from profits in any year prior to
any dividends on the stock of the company. In
any year in which dividend of per cent is
paid on the stock of the company there shall
be paid from profits on such consolidated
bonds an amount not to exceed 30 per cent,
provided the unpaid interest in arrears on such
bonds shall equal such amount, and if not,
then to the amount of such bonds that may be
so in arrears.
The issue of common stock to the amount of
$12, 600 900, holders of the present So, 800 900
bonds to receive par in new consolidated bonds.
Holders, on presenting the stock, shall sub
scribe at par for new irst-mortgage bonds to
the amount of $50 per share, and shall receive
80 per cent in the common stock of the COM
pany.
Present preferred stockholders shall sub
scribe at par for the new first-mortgage bonds
to the amount of $40 per share and receive 40
per cent OF the new company's stock. Present
common stockholders shall subscribe at par
for the new frst-mortgage bonds to the amount
of So per share and shall receive 25 per cent OF
the common stock of the new company. De,
posts of present securities must be made with
the Manhattan Trust Company by June 20.
The subscription to the present new
issue of $3,000,000 of first-mortgage bonds
has been undertaken by the syndicate.
The orders of appointment of receivers
provide for continuance by the receivers
of the business of the corporation. The
same receivers were named by United
States Judges in Trenton, N. Y, and New
York.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04

falling spars was incorrect, as the Colima
has nothing but the derrick booms used
for loading and unloading the cargo. 1
think you will see the truth of my criti-
cism when l explain further. When the
company did its own loading it stands to
reason that those high in authority took
good care to see that the work was properly
done. Though I had it in charge, those
above me were on hand to see that every
thing was as it should be. Now it is differ
ent. They may not deem it necessary to
keep such close supervision since the thing
is done by contract.
at may be, also, that the company will
seek to dodge the responsibility by the
plea that the loading was out of its hands.
But look at it how You will, there is some
thing rotten somewhere"
An effort was made to get some of the
employees of Bingham & Co., who loaded
the Colima, to talk, but to no purpose.
They had been taught their lesson
thoroughly.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
STANTON ABBOTT BESTED,
The English Boy Loses His
Fight With PearCe of
Philadelphia.
A Rattling Mill, In Which No Time
Is Lost by Either Par
ticipant.

BOSTON, MASS, June "a thousand
persons saw two excellent boxing contests
at the Suffolk Athletic Club tonight. in
which Leslie Pearce of Philadelphia
was given a decision over Stanton
Abbott of England at the end of
a twentyround contest, and Patsy Fenton
of Boston was declared the superior of
Jimmy Powers of South Boston, in a ten
round go. Both contests were clean and
scientific, and Referee DAILY decided them
upon strictly scientific points.
The Pearce-Abbott contest was hard
Dug bit throughout. Both men were in ex-
cellent condition at 125 pounds For the
first five rounds Abbott did the best work
and showed his cleverness in jabbine
Pearce apparently at will. From
that until the seventeenth round Pearce
was the aggressor, and fought like a
tiger; but the English lad was too clever
to take all the punishment, and this alone
saved him from receiving the final touch
several times. Abbott was as cool as an
iceberg, and fought as if the contest
was not limited by rounds, and from the
seventeenth to the close of the twentieth
round he showed his ability by almost
smothering Pearce with shower of blows
from right and left. Abbott rallied too late.
however, to recover lost ground, and the
decision was regarded as a fair one in
every sense.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
M4RTI LIVES.
General Gomez Notifies Cubans In Ne,
York of His Safety.

General Gomez Notifies Cubans In Netu
York. of His Safety.
NEW YORK, N. Y, June 3.--The Her
ala says:
According to report received in New
York, Joseph Marti, the civil leader of the
uprising, is not dead. Benjamin J.
Guerra of this city, treasurer of
the Cuban revolutionary party in
the United States, has received a message
from General Gomez, commander-in-chief
of the insurgent forces, saying that Marti
still lives and was not even wounded. The
message came through the generals son,
who is in Monte Christi, San Domingo. 1t
reads, simply:
Maestro lives"
Maestro (the MASTERY is the name by
which Cubans know Marti. This is the
first news which the Cubans here have
had of their leader beyond that sent
out by the Spanish authorities. This
comes from Cuban source, and is natur-
ally regarded by Cubans as reliable.
Mr.. Guerra also received letter from
Santiago de Cuba, saying that General
Campos had admitted to him that he had
no proof of Marti's death. The watch sup
posed to identity Marti's body bears the
initials ~. E. NJ" and Marti has no
middle name. His mother discredited the
report of her sons death from the first.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
TRAIN ROBBERS TRAPPED,
One Of a Gang of Indiana Ban
dts Proves to Be a
Detective.
He Follows Them to Their Rendez-
VouS and Single-Handed Takes
Them Captive.

SOUTH BEND, IND, June 3-Freight-
train Il, on the Lake Shore, was held up
last night between here and Mishawaka
The train was a through merchandise
train. When about half way be-
tween here and the the suburb engineer
was compelled at the point of revolver to
stop. Two persons watched him and the
fireman until the rest of the gang ran
through the valuable merchandise cars.
Several cars were broken into and the
stolen goods loaded into wagons.
In the meantime the trainmen in the
caboose started to ascertain the cause of
delay, but did not get far before they were
ordered to surrender. The gang succeeded
in removing several hundred dollars
worth of goods, and the train was then
allowed to depart.
AT an early hour this morning Detective
Frank Brobst brought five local characters
to the city securely handcuffed together.
Brobst says he was in boxcar with some
tramps, he being in the guise of tramp,
when the train was held up. He was an
eyewitness to nearly all of the proceed
ings. He followed the wagons for about
six miles, when they finally drove into a
dense swamp. He followed them and in a
short time the party arrived at their rem
devious. He captured them without any
trouble, and using one of their teams
brought them to town.
Brobst says he thinks there are about
twenty in the gang, and that they are all
local people. The goods were brought in
to-day. Some new captures are expected
tonight.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
DEFICIT OF THE TREASURY.
1t Wiu amount to About S44 200, 900 TO,
the Fiscal Yenr


WASHINGTON, d. c., June 3.-Treas-
ury officials are now confident that the fiscal
year, one month hence, will show deficit
of not more than $4,000 900, and possibly
not more than $43, 000,0 600, which is at least
100000 less than was expected only a.
few weeks ago, and 900 or $4,000, 900
less than the present figures.
1t is shown that the pension payments
during June will be at least $25, 900, 600 less
than for May, and that the payments on
account of interest will also be reduced
81, 800 900, with an increase of the internal
revenue of So, 100000, on account of special
liquor, tobacco and oleomargarine licenses,
which must be paid before July 1, and with
very material reductions in pension and
interest payments, it is confidently ex-
pected that next month will show a small
surplus, with the deficit further reduced to
at least $44,000000. The month of July,
however, is likely to see the deficit in
creased by at least $4,000, 900, as that
months interest payments will aggregate
about 81, O00,OU0
Disbursements in every branch of the
Government are usually much heavier in
July than in any other month, so that,
unless the receipts are greatly increased,
the deficit on August next will not likely
fall much short of $55,000,O0O for the thir-
teen months.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
JAMES b. CHASE d. co.
They Put In the Ballast, but Can't Speak
of the Cargo.

Atcy Nt VIC tue buHuSts OUT can't Speuh
of the Cargo.
eve put in the Colima's ballast" said
Mr.. Chase, ''but as to the general charac-
ter of the cargo 1 cannot speak. 1t would
be unfair for me to criticize when do not
have anything on which to rest my iudg-
ment."
''What do you think of the company's
policy of carrying lumber on the upper
decks?" was asked.
"Well many of the passenger steamers
do the same thing, and do not think the
10000 feet of lumber the Colima carried
had much to do with the disaster. She
may have shifted her cargo, but in rough
weather the most securely fastened cargo
is liable to shift. Braces might give way
or something else occur to render it IN
safe in time of heavy seas or a severe blow.
Until we know more l do not feel like
expressing more definite opinion. If l
had loaded the ship 1 would know some
thing more about it,
"But what do you think operated chiefly
in bringing about the wreck, judging from
the way the ship acted in the supreme
moment"
That's hard thing to say. There may
have been many causes. Think it prob
able the weather was very heavy
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
GRESHAM EULOGIzED.
The Brosiltam Minister'S Tribute to tn
Late Secretary's Character.

The BrasiIiam Minister'S Tribute to the
Late Secretary's Character.
WASHINGTON, D. c., June 3.-Expres-
sions of regret at the death of the late
Secretary Gresham continue to be received
at the State Department.
The Brazilian Government, through
Senior Mendoza, its Minister here, has
cabled an expression of it's sincere SYM
pathy, and in transmitting it the Minister,
who was one of the two diplomats who
went to Chicago with the body, takes oc-
casion to add personal tribute to the
character of the man with whom he came
in close contact during the troublesome
days of the Brazilian rebellion. Senior
Mendoza speaks of the love of justice, the
democracy and honesty of purpose of the
late Secretary, backed by strong courage
and intellect, which has earned for him
the respect and admiration of all the Latin
American nations,
The Buffalo Merchants Exchange has
transmitted set of resolutions adopted
May 81.
CHICAGO, ILL, June 3.-For three years
Secretary Gresham had not drawn his $50
month pension from the Chicago Pension
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
A FAMILY OF MAN|ACS,
A Cleveland Couple and Their
Five Children Taken Into
Custody.
Officers Arrive Just as One Of the
Number Was About to Be
Sacrificed.

CLEVELAND, ONO, June 3.-An entire
family of seven were taken into custody
to-day, charged with insanity. The family
consists of Henry Buchwold, the father;
Charlotte Buchwold, his wife; two grown
daughters, Eva and Emma; and three
small children.
All of the family were strong be.
levers in the spiritualistic faith,
and have been locked in their
home at Beaver street for over a
week, holding wildly insane spiritualistic
seances. One of the daughters is laboring
under the hallucination that she is spirit
and another member of the family that the
spirit must die. The spirit was perfectly
willing to be sacrificed, but the arrival OF
the officers prevented them from carrying
out their insane idea.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
SENNETT, MILLER & co.
The Company Loads Its Ships Without
Thought of Bad Heather.

The Company Loads Its Ships Without
Thought of Bad Heather.
'The company seems to take it for
granted" spoke the senior member of the
firm, "that the weather and providence
will always be with their vessels, regard
less of the experiences of other ships in
the same waters. One would think the
company believed the elements regulate
themselves in accordance with the size
and character OF the cargo with which
they load their ships. 1t is as plain as the
open page of volume to me that the
Colima was top-heavy. She must have
been badly loaded or the accident could
not have happened just as it did. To be sure,
the breaking of machinery could cause a
serious disaster, but that was not the cause
in. this case, though it may have been an
incident.
at was very apparent the captain knew
the danger of continuing his trip with his
ship so top heavy, and instead of keeping
her head TO the wind and throwing off his
deckload as quickly as possible, he sought
TO save his company loss by putting back
to the port he had just left. There, in my
opinion, is where the fatal blunder oc-
Cured. / was a sailor and master of a
vessel for many years, and l can recall
many instances in my career where have
put back to port and insisted on having
my owners unship portions of the cargo.
A captain should never take chances, and
particularly on a passenger ship.
but the fault lies with the company,
that allows its vessels to go to sea in an
unsafe condition. In England terrible
affair like this would be sifted to the
bottom, but, I suppose, here it will be
dropped gently and finally hushed up for
the sake of the company.
at is said the company intrusted its
loading to stevedores, and never thought
it necessary to have its own officers give
the work their personal supervision. That
may all be true, though it does not alter
the fact that the company and the COM
pany's officers knew how their cargo was
loaded. Many vessels leave port with such
badly slowed cargoes that their captains
refuse to get into deep water until the
ships cargo has been overhauled The
Colima should nave been one of those
eaSesn
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
MONEY SAVED AND LOST.
That Is the Hay George Riley Richmont
Puts 1t.

George Riley Richmond went into the
service of the Pacific Mail Steamship
Company when he was quite a young
man, and for several years he superin-
tended the loading of the companys ships.
About three years ago when the company
thought to save money by letting out the
loading by contract Mr.. Riley left the en-
ploy of the company.
my opinion is not very difficult to ex-
press" said he. AZ can give it to you in a
very few words.
81 think the company, to begin with,
will learn that it has only saved money to
lose it again in the loss of their cargoes and
ships. 1t looks to me like an open and
shut proposition. They do away with the
loading of the ships by their own men. sac
riticing thoroughness and care in order to
cut off few dollars expense per ship by
having it done by contract. What the re-
suit is and is likely to be we have all seen.
"Then, again, do not think, and never
did think, from the time he entered the
service of the company, that Captain Tay-
lor was competent man. do not know
that others share my opinion, neither do I
know that he was cheap man, but l do
know he was not an Al seaman"
''Do you think, Mr.. Richmond, the CO.
lima was Improperly loaded and that the
wreck was due to her being topheavy?"
81 did not say so yet, but that is what I
think, just the same. What other infer
ence is there to be drawn from what have
been saying about the change they made
in the system of loading their ships
What is the cost of ship like the Colima
and her cargo in comparison with the
paltry sum the company saves annually
by having the loading done by contract !?
1t is penny-w ise-and- pound-foolish idea,
and, like all such ideas, entails loss and
disaster on those who submit it to practice.
"The loading of the Colima may not
have been worse than many other vessels,
but in this instance the ship was un-
doubtedly topheavy and her cargo was
loose. Apart from the shifting of her deck
load her stiffening was in all probability
shaken and weakened at the first port she
entered. Then when she struck the heavy
swells the captain saw he was in danger,
and showed very poor judgment by trying
to wear ship and return to port. Of course
he got in the trough of the seas and the
ship listed. What could then be done :?
The cargo was going from side to side like
dice in a box, and it was all too late to
think of doing anything with the deck
load.
1.-The reports about death being caused by
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
PROTESTS OF NO AVAIL,
Told by His Superior to Take
Out the Vessel or An
other Would.
CENSURED BY THE sEAMEN
Verdict Along the Water Front Holds
the Company Responsible for
the Disaster.

SAN DIEGO, CAL, June ga state
ment made to-day by the commander of a
ship now in port here has caused consider
able comment. He said he had been in
formed by an official of the Pacific Mail
dock that Captain Taylor protested vigor-
ously against the overlooking of the
Colima.
There were ten feet of lumber on the
hurricane-deck, and Taylor said that as
the coal was consumed and the hold
cargo discharged the ship would be top
heavy. Finally Schwerin told Taylor that
if he would not take the ship another man
would
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
NO DANGER OF VAR.
Colombia Viii Take Pacific Means to
Gain Mosquito Territory.

WASHINGTON, D. c., June 9.-Gen-
eral Rengifo, Charge d'Affaires of the
Colomb ian Republic, said to-day that he
had concluded not to present to the State
Department the claims of Colombia to the
Mosquito Territory, long held by Nicara-
qua. He found on examining the instruc-
tons from his Government that it left him
free to use his own judgment as to urging
the case at Washington. He was satisfied
the question should be left for negotiation
between Colombia and Nicaragua, and
that the present status did not call for any
representations to the United States, and
he has advised his Government accord
ingly.
General Rengito says Colombia will take
pacific means to urge her claims, and there
is no reason to expect recourse to arms.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
THURSrON,s RECALL.
The Ha,raiia,a authorities Held Blame
less for the Delay.

The Ha,Uafian authorities Held Blame
less for the Delay.
WASHINGTON, D. c., June Sat the
request OF United States Minister Willis,
the Hawaiian Government has been in
vestigating the cause of the delay in the
letter asking for the recall of Minister
Thurston. Reports made to Minister
Damon show the errors by which the let
tiers went to Japan occurred before it
passed into the hands of the Hawaiian pos
tai authorities, SO they are not chargeable
with the delay.
Reports from Hawaii received here show
much activity in preparing for an expected
filibustering expedition. The Government
has sent out the revenue cutter Lehue with
a Krupp gun aboard to look after filibus-
teTers.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
CAPTAIN METCALF SPEAKS.
His Opinion as to the Tesseps Load ant
the Weather.,

His Opinion as to the Tesseps Load and
the Weather.
81 do not think there has been any I'M
usual weather." said Captain Metcalf,
Though we cannot be certain. AS to the
cargo, all l know is what have read in
the papers. l have heard it said the
Colima was overloaded and topheavy
but how are we to know until the survivors
get back? The company does not say so,
and, in fact, we would not expect them to
make any such admission. l may have
my own opinions as to the causes which
lead directly to the wreck, but I do not
consider it fair to give expression to them
until we learn something more of the par
ticulars Immediately surrounding the dis
aster"
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
SHOT BY An OUTLAW.

An Indian Territory Sheriff Killed
While Trying to Make a Capture.
CLAREMORE, IND. T.. June 3.-Early
this morning before the opening of court
Sheriff Musgrave of Coowesoowedee Dis
trict, Cherokee Nation, was mortally shot
by Outlaw Fred M. Davis
Musgrave went to the Davis cabin to
cause his arrest. AS he approached Davis
sprang behind a log stable, shot between
the logs, saw the Sheriff fall, and fed to
the woods. A posse of United States Mar
shals and Indian police are in pursuit
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
TO INSPECT THIS COAST.

admiral Walker and Chief Clerk johnson
Depart From Washington.
WASHINGTON, D. G., June 3.-Ad-
miral Walker, president of the Lighthouse
Board, and Mr.. Johnson, chief clerk of the
board, left Washington to-day on tour of
inspection of the Alaskan and Pacific
Coast service. They expect to return to
Washington about August1.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-04
CAPTAIN HUNTS OPINION.

He attributes the Disaster to the Conn
pany's Ardrictousness.
"There is too much righteousness about
the conduct OF the company's affairs"
said Captain Hunt. "The company appa-
rently has no regard for the comfort of it's
passengers, and too much censure cannot
be INDUCED in to suit me. OF course the
Colima was top-heavy. Who can question