The herald., 1896-07-02
SAN BBRNARDlNO
The Chino Ranch In Receivers hsnds-New
Notes

Notes
SAN BERNARDINO, July 1.-The
Chino ranch Is in the hands Of a receiv-
er. The $4,000 acres Of land, the Chino
valley railroad, the crops and the reve-
nues from the same and all Of the per-
sonal property which were to have been
sold by Richard Grid to G. H. Phillips
are now in the keeping Of s. F. Zombro
Of this city, who was today appointed
receiver by Judge Campbell.
This Is the result Of the default made
by the Chino Ranch company in its pay
ments to Richard Bird, the account Of
which was published in The Herald
early in January. On September 20.
1884, Richard Grid contracted with c.
H. Phillips of San Luis Obispo. and by
the terms of that agreement the latter
was to become the owner of the Chino
ranch, agreeing to pay for that property
the sum of $1,600,000. At the time this
agreement was executed the San Fran
cisco Savings Union held mortgage
on the Chino ranch for half million
dollars, leaving Grid 100000 net.
Phillips formed the Chino Ranch com.
stockholder. and the first payment was
met according to the terms Of the agree
ment. But on January Of the present
year the second installment fell due and
the company defaultsd in payment.
Grid then gave them an extension Of
ment up to March 10. The company was
still unable to meet the payment, and
the second extension OF ninety days
was given, this limit expiring June Is.
On the following day Gird wrote to
the Chino Ranch company declaring
all contracts forfeited and demanding
from them the custody Of the property
and the return Of all papers which had
been passed. together with the return
of such documents as had been depos-
tied in escrow with the San Francisco
Savings Union. These demands have
not been complied with, and yesterday
Grid filed complaint against the Chino
Ranch company, asking the court to
issue an injunction restraining the
company from all control of the prop
erty In question and for the appoint
ment of receiver. In the complaint
pany Is about to sell the crop of hay and
other produce Of the vast estate that
1t is collecting the water rents from
consumers on the ranch, rents from
tenants, that 1t continues to operate
the Chino valley railroad. and that it
still claims the rightto make contracts
TOR the sale of land. The plaintiff asks
that the company be restrained from
doing all these things and that a tenn
porary injunction be issued at once
and the receiver appointed.
8. F. Zombro Is cashier Of the Farm
ers' Exchange bank of this city, and
his bond is fixed at $12, 900, the sureties
qualifying in double that amount. A.
G. Kendall, A. M. Ham, H. c. Steele,
H. l.. Drew, James Fleming and j. 8.
Purdy are his bondsmen. The receiver
ship is the most important ever created
In this county.
THEY STOLE WOOD.
Three Mexican residents of this city
were arrested about midnight last night
for stealing wood from Hesperia. About
$50 cords of wood, the property Of the
Diamond coal company of Los Angeles,
has been in litigation at Hesperia and
was advertised for sale yesterday. 1t
was owing to this fact that the wood
was missed.
Constable o. M Potts was notified.
and the result Of his Investigations was
to find that two loads of wood had been
brought to this city, starting from Hes
peria Monday night. Potts took up the
trail, and by the time he had reached
Cajon had sufficient evidence to warrant
him in telegraphing to officers in this
city. who started to meet him. But the
wood men were already in this city
and the officers found nothing on the
road. Returning to this city. they sue
ceeded in locating the wood haulers and
arrested three Mexican named Belardi
Albanes and Becamentes. The three
men were taken to Hesperia today for
examination.
NOTES OF THE DAY.
A fire alarm was turned in at 1:10
o'vlock last night and called the de-
partment to Dicksons planning mill,
where an incipient blaze threatened
the property. The fire started in pile
of cordwood near the mill and was soon
under control
Judge and Mrs John r. Knox have
gone to Redondo for the summer.
Deputy United States Marshal Pou-
rade returned from Los Angeles this
morning, having in charge Elmer Mead,
better known as the Christ Kid" who
gave the Los Angeles officers such a
lively chase yesterday.