The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-08-03
MACGOWAN MIDDLE
Receivers to Be Appointed
for the Companies the
Trenton Magnate
Managed.
NO NEWS OF HIS WHEREABOUTS
Statement of Liabilities and Assets
Of the Firms-Legal Embar-
easements Overwhelmed Him.
NO NEWS OF HIS WHEREABOUTS
Special the Jerstu citu Nsirs.

Specidt I > the JerstD CitD Esrs.
TRENTON, Aug. 8, lSs5.4The disap-
pearance of ex-Mayor Frank A. Mago-
wan, commonly known in commercial
circles here as 1.-THE hustler" has re-
suited in the stockholders Of two of the
rubber concerns he managed asking for
receivers. This means the financial en-
barrassment of Frank A. Mcgowan; who
has had a remarkable career in this city
and State.
Two years ago he was considered to
be worth upward of $1,000, 900, but he sud-
denly began to neglect business and he
became involved in certain transactions
that led to certain police court suits.
and ultimately to his financial break up.
No one can say whether he has left che
town for good or whether he is waiting
until his confused business affairs have
settled themselves in court. 1t has been
known that Mcgowan was in a bad way
financially for the past six months, but
the fact that he had established more
industries in Trenton than any other
one man. and had lone more during his
two terms as Mayor to give Trenton the
appearance Of a city, led everybody to
be disposed to help him rather than to
circulate anything that might be deroga-
Soiy " LIS CuculI.
RECEIVERS APPLIED FOR.
A few months ago he was obliged to
relinQuish the $780, 600 Worth of stock that
he held in the Trenton Brewing Com
pany to satisfy the demands of one
bank. He was the promoter Of the New
York and New Jersey Company, which
was to connect New York and Philadel-
phia by trolley. He was president of the
New Jersey Central Traction Company.
The former company recently went into
the hands of a receiver because it failed
to carry out its contract with Ex-Sena-
tor Lemuel G. Miller. Of Cape May.
The application for a receiver for the
Great Eastern Company was made yes
terday by EX5Judge Lanniffg,. REPRESENT
and Orlando M. Harper, Of New York.
The application. sets out that a note to
M Mas ailomed fo 70 s so e. e. d for money nS t loag asfs,
ult. and that the company IS Indebted
to Hafper in the sum OF s7s.d5. The ap-
aggregatng over $4,000 have been pro-
tested within the past few days and that
in all to Sis, 1880, Which, With SO, $50. IS
# s2o2 GOO make the liabilities s1s1. 1,ss.
eludig1g sos. $685. Of accounts p1 fs'1 reeeiSab II.
which 6vpR 7g51 ReaSW1sider sd,d gopd;
In the Eastern Rubber as well as in
the Trenton Rubber. Mcgowan, it is Said,
has has largely overdraWn his accounts.
not definitely Known, but it is thought it
may go as high as s2oe, 900 altogether
Both these mills have shut down until
Trenton Watch Company is not affected.
as ne is no longer in control of the COM
pa "a Syio ~ wntid a few months ago he receiy-
tendent of the Trenton Pottery Com
pany,, which was the syndicate, eontroll-
large pottery f. this Syndicate, and it IS IS
estimated that he received several hun
drgd thousand dollars for his plant.
amounting to $4,000. one was for a
butcher bill. which had been partly paid
by cheek that had been returned be
Bros, Of New York, decorators, and
Charles Kaefer sued for money due on
the he. $50. geS palatial gesidenes that he mad
He then figured in the police courts,
eharging I A Barnes a young man ne
age, OF WIZ a item fea w sSooti thges xk ssaiFs
Barnes charged Mcgowan with having
broken Up bis family" because Of his
had already estranged him from his
wife, who, some months ago, practically
brought a suit for separation, but after
Ex4Manager Barnes occupied Magow-
ms former house next to the new pal
zee. and a. MagoWan was frequently a Wis,
ago, when there were constant HOSTILE
lies, which finally ended in eqan s !.
MAGoWANsss MyWBMENTs.
MlagoW,aaf4 and Mrs Barnes ana her
as as S Pb%ilaae1ph ia an y .M SHas eary to os c aar
eaeS: Athletes ada { T 'f lis presence ni f. tsgt p aasm
and MIR. BARNES stated today that his
wife was there. Magowan's failure to
paper. caused a meeting yesterday Of
those concerned in his largest Industries,
and /. their l3sd dc aee & ss2 to- to m @lss e m9ys to
Mills. applications for receivers have
been made;
r Tas a~pR aaib5sr fsT %ssssivs Was for made sas
by James Buchanan, representing Jacob
HHarnstine e. & Se1 De vopH and and S 9ffl Ss s.as n.
which we're allowed to gs to protest.
1898. and that by Harper for 81, AS. The
application also sets forth that three
e eana u notes eSot for smaller ana Fbs AMOUNTS Gun y o} hEaye
aggregating 100000 are outstanding, and
that the company Is unable to meet them
charges that the company has liabilities
at 0y yf5eS ESQ., e ;aos 1908 20 81 H. outside and that Sf its St canp ss
therefore !insolvent.
Sc ssna 'Htedn y y +; 5 s ( dr gsho was ,eonsid-
\ L tdlih -NidSoW oil > ludHc1dl packer
states That he is fully protected. Allan
sane, and sent q deceptive to And him.
TIL trouble between j.. A. Barnes and
IF these young people. Mrs. Barnes was
pearance. On the evening Of July a
Mcgowan came out Of the Barnes house
and was driven to the clinton street
adekphia. That night he spent in the
whether relevant or not, Mrs. Barnes,
with her mother and her Brother, spent
the same night at the Stratford Hotel,
Philadelphia. The next heard from Ma
gowaa was 9 telegram from Chicago
tary of the. Eastern Rubber Company
on Monday last. On the same day Sem
| ator ,Skfrm received a telegram similarly
| dated. The contents of these kilograms
1 were instructions with reference to Ger
tain business matters which required i'm
| mediate attention.
TRENTON'S. DERT TO HIM.
| Mcgowan was elected Mayo of Tren-
ton In 1888. He successfully effected the
Introduction of sewerage. paved streets
and the beautiful Cadwallader Park, and
secured the consolidation of Trenton with
the boroughs OF Chanibersburg and M.a]
| hahn. Three years ago he was a promf-
nent. candidate for Governor In the Re
publican State convention, and received
one hundred ard forty votes. 1t is es-
timated that his newly erected colonial
M, ane5oh and grounds, with the furni-