The San Francisco call., 1895-12-28
CREAMER|E IN TROUBLE,
Creditors Are Asking a Settle.
ment of Their Various
Claims.
The Debts Amount to $4,000 and a
Settlement at One.Fifth That
Sum Is Offered.

The Original Creamerie, the yellow
fronted Market-street restaurant, on which
so much was spent in fittings and decora-
tions, is in straits and creditors are clam
oring for some settlement of $32, 900 in
debts which the proprietors have managed
to accumulate in the past two years.
Within the past few days J. J. Rauer
has placed several attachments on the
place, and now several attorneys and the
owners are wrestling with the problem of
how the produce-dealers, poultrymen and
coffee merchants can be satisfied and the
establishment still keep its doors open.
1t was mainly through trying to raise
their own produce, poultry, meat and
milk that Young & Weisman became in
volved in pecunary entanglements. They
conceived the idea that by starting a ranch
on large scale they could supply all their
own needs without having recourse to the
commission m erchants, and also increase
the profits of the restaurant.
So large ranch near Petaluma was
leased for term of years and expensive
i'm provements introduced They rather
expected that the place would be drain
on their re sources at first but when the
time came that the ranch should have
begun to pay they were amazed that the
outgo continued greater than the income.
Chickens that could be purchased in the
market for so cents figured 621a cents IN
their books, and vegetables, milk and
other commodities came at correspond
ingly high figures.
Then the California violet craze struck
the town and the firm went into the rails
ing OF the modest flowers on a splendid
scale. This venture also proved unprofit-
oh loci Of f,,pA dc
them in the face.
Then money-bOrrOwlng was reSorted to
and number of friends and relatives soon
held the firms paper representing consid-
erable sums
HFinally some of the larger creditors be-
gan to scent danger and had the attach
ments placed on the place to save them
selves. WeIsman's mother is SAID to be
possessed of large means, and she came
to her sons rescue with funds sufficient to
relieve the pressure until the creditors
could have a chance to think the matter
over and decide how the affairs of the
firm could best be settled.
Several meetings were held and a COM
mite, of which n. Whitney and E. B.
Pond were members, was appointed.
Several conferences were had with
Young and Weisman, and the result was
an offer of compromise. The firm was
willing to settle for 20 cents on the dollar,
10 per cent in cash and 10 per cent in six
months, the latter payment to be secured
by notes signed by Mrs. Weisman.
The committee held a meeting yester-
day and decided to recommend the accept
ance of this offer. The matter was to have
been settled last night, but hitch oc-
CURED, and the meeting was adjourned
until 10 o'clock this morning, when an
other effort will be made to agree on a
settlement.
Attorney E. J. Humphrey represents the
creditors in the case.
GAS matter of fact" he said yesterday,
"the Creamerie has always been paying
concern, and Young and Weisman lost
their money in outside ventures. A ranch
on which they expected to raise nearly
everything used in the place was started
near Petaluma.
"Everything was on a grand scale
which took money. They built forty
chicken-houses at about $50 each. and went
into other things on a corresponding scale.
Before long they were in $12, 600 or $14, 900,
and the ranch was still going behind at
the rate of $500 to $500 per month. They
tried to get the owner of the place to take
back his property, but he saw that he had
good thing and pushed it along. AS
matter of fact their produce, eggs and other
things cost them more than they would
have had to pay had they bought them in
the open market.
''Then they dropped $4,000 trying to raise
California violets which soon became
drug on the market and could not be made
to pay. If settlement can be reached so
that the Creamerie can be kept open they
will be all right after while"
1t looks now as though the 20 cents on
the dollar will be accepted. The principal
creditors of the concern are Whitney &
Co., $4,000; Harry Corbett, $4,000; H. Solo
man. $1,000; c. ]. List, $1,000; T. D. Burn,
$1,000; Nathan & Dohrman, $3.50; E. Cult
tard. $780, G. Fedora. $3.50; employees
$1,000. In addition to these there are butch
ers and bakers whose claims make up the
grand total Of $32, 900.
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