New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-08-04
MAGOWAN HEARD FROM.
HE PROMISES TO RETURN TO TRENTON
AT ONCE.
HIS MESSAGES HOWEVER. RECEIVED WITH DIS
TRUsT-RECEIvERs FOR THE TWO BIG RUB
BER COMPANIES APPOINTED - NEW

|
BER COMPANIES APPOINTED - NEW
LOCKS on THE BARNES HOUSE.
tBY TELEGRAPH THE TRIBuNE.l
Trenton \. j., Aug. 3.-ExMayor Frank A. Ma
gowan, whose affairs in bad shape and who
1 had not been heard from for several days. tele
graphed to his counsel G. d. w Vroom. tonight
from Chicago that he would leave that city for
home either late tonight or early tomorrow
afternoon. arriving here twenty-fou hours later
Mr.. Mcgowan declared in long message that he
had been TO Denver and Marion, Kan where he
has branch agencies of several Of his manufacture
ing enterprises and that while In Denver he had
first learned OF the serious condition of his busi-
ness here. Senator Sklrm. his financial and per-
sonal friend. also received a communication from
the ex-Mayor to the same effect In the early
part OF the week Mr.. Mcgowan telegraphed to
William NJ Lewis. the secretary OF the Eastern
Rubber Company. that he would be home on
Tuesday. and TO others that he would be home on
Wednesday. \ strange feature Of the messages
received was the fact that the first wa dated
Chicago and ar hour So later another es.age
was received dated Marion. Kan. and III an
other 81. louls. For these lit faith
is being placed in Mr.. Magowan's promise to r.
turn Tomorrow
Nice-Chancellor Bird to-day appointed County
Treasurer Samuel Walker receiver for the Trer-
ton Rubber Company. and ex-senator John y.
Rue receiver for the Eastern Rubber Company.
The receivers bonds were fixed al $75 900 each
They Will al once make an inventory OF the stock
OF the two big concerns and under the order OF
the court. will continue them In operation until
the raw material on hand shall have been
worked up When this is done will depend
largely on the action of the creditors whether
the companies are continued in operation
To be closed out. The creditors tonight are
favorable t. continuing the running Of the
works as they are satisfied from an investiga-
tion made to-day that both will pay large divi-
dends.
LOCKSMITH CALLED IN.
There was "A sensational scene At the Mcgowan
house about o'clock this evening a Barnes.
the former manager u the Eastern Rubber Com
pany. who is under bonds t. appear before the
Grand Jury on charge ~ attempting to kill
ex-Mayo- Mcgowan. ard the husband Of the
handsome and fascinating Mrs Barnes who. ne
says. "is visiting in Chicago" this afternoon
visited Mrs Mcgowan AZ the Crton-age ge. nan-
sion and surrendered the keys of the house al
joining. which the Harnesses have occupied the
last year. The property belongs - Mrs. Mago-
wan in her own name. as does also the fun-
ture. Immediately receiving the keys irs.
Mcgowan sent for f-r legal adviser and after
consultation a locksmith appeared with n KIT
OF tools. and accompanied hy Mrs Mcgowan
and her counsel ne entered the house laUls
occupied by Mrs Barnes anl her husband snd
removed the locks from the doors The lo'>-
smith then disappeared for short time bit
soon reappearcd with an assistant. Both car
rled parcels which provae to be heavy brsss
gh,rs sIr,. ha fr4fl iertr .eF O.
moved and heavier ones. requiring a new set of
KEYS. were placed on all the doors shoLld Mrs.
Barnes also conclude t. return from he "fisjt
10 friends N Chicago" she Will. Mrs Magownns
counsel says. necessarily have & seek other
quarters. Trc appearance ~ the locksmith al
work on the Ra.ncs house created sensation
In the Fashionable ncighborhDod. and Mrs. Ma
eowan Wa highly commended i1r her action.
MR. BARNES REMAINS ~ TOWN
Mr. Barnes is staying at one Of the local
hotels and 81 IL said intends 10 remain In The
city until the charges against him are disposed
of. in order to prevent his bondsmen from loss.
Mr. Barnes refused TO explain why h. returned
the keys Of the house To Mrs Mcgowan. and
also declined 10 state whether or not he had
provided "A home for Mrs. Barnes Oh her .e-
turn from her visit to Chicago friends"
The Mechanics National Bank. whore .ir.
Mcgowan has done such a heavy note busine 90.
and which, II was thought. would be seriou y
hurt by the difficulties into which the ex Ma. n
has plunged himself will not lose cent he
directors say tonight. About six months 90
the bank Insisted upon Mr.. Magowan's cutt ns
down his line OF notes. and. IL is said. he re-
duced 1t from $4,000 To $4,000 He also Sc
cured the bank by giving a S5o.00o mortgage on
the plant OF the Eastern Rubber COMPANY
which is inventored at si500Oo
There were no funds at the command OF the
Eastern Rubber Company yesterday. the tme
fixed for the payment Of the wages Of the en-
ployes and Senator Skirm. out OF friendship for
the ex-Mayor paid all the men out Of his own
pocket. The employees nf tho Trenton Rubber
Company did not receive their wages to-day
and they will perhaps have to walt until the re-
ceiver secures the necessary funds.
MIR. MAGowAN's WEALTH
On January Is, 1885, the local representative OF
the Bradstreet Financial Agency insisted upon
Frank a. Mcgowan making "A statement of his
affairs under oath. The cx Mayor estimated his
personal wealth. free and clear of all indebted
ness at 81 1871 700. Besides this ne estimated his
interests in the New-York and Philadelphia Trac-
ton Company. which intended crossing the state
with an electric trolley road at $l.Oo0OOo The
ex-Mayor declared to Bradstreets representa-
tive under oath that he had expended $4,000 on
the trolley scheme in the last year. and that the
company had franchises for over forty miles OF
road. There Is an ordinance pending in the
Trenton Common Council granting 10 Ma
gowan's traction company the right To lay tracks
in certain Of the streets OF Trenton. Mr.. Ma
gowan's wealth. as shown by ms statement 10
Bradstreet consisted principally Of Industrial
securities which ne valued at 900 and de-
clared to be paying 10 per cent Interest.
HIS MANY ENTERPRISES.
Among the securities were large blocks Of stock
in the Trenton Brewing Company, Trenton Rub
Der. Trenton Ocloth. Trenton Potteries Syndi-
cate Tifin (Oho Pottery Empire and Eastern
Rubber companies. Trenton Light and Power
Company, Taylor Opera House Interstate Steam
boat Company. Western Union Beef Company In
terstate Fair Association. and several smaller
concerns. Excepting the Opera House Associa-
tion and the light company Mr. Mcgowan was
either the actual organizer or the leading spirit In
their organization and all are to-day highly sue
cessful. =,
Mr. Mago vans personal financial anairs are IN
fairIr GOOD ahnnn the court records snOWlnH