The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1896-07-15
The Assets Greatly 0verbalance
What Is Due the Other
Creditors.
LIST OF THE LIABILITIES
Dull Times and Labor Agitation Said
to Have Destroyed Big
Business.

Harbor Commissioner Z. b. Chadb0urne
yesterday flied his petition in insolvency.
It is q peculiar document. On the face of
it il would Sc EN- that the gentleman had
failed for over 100000 but when it is
taken into consideration that over $1l0 692
of his total liabilities, which amount to
Sl19,5 63 80. is due his wife, the failure,
from the standpoint of the business world,
is not so very serious after all.
Chadbourne's assets, which include real
estate, promissory notes, a half interest in
the Chadbourne Furniture Company,
shares of stock in different corporations
and 81 so in money. amount 10 about ST.,
600. Outside of what is due Mrs. Chad
bourne the Harbor Commissioner owes
$6,771 80. The promissory notes, how
ever, are of probiematic value. Nomi-
nally they re present sc. 525 81 and interest
for various periods, at percentages rang
ing from per cent per year to per cent
per month.
1t is explained that the money due Mrs.
Chad bourne is on promissory notes rawn
in favor of OTIS w. Merriam, her father.
From 1876 to 1880 different sums were ad-
vanced by Mr.. Merriam TO his son-in-law,
for which the latter made these notes.
The money was used in establishing the
business of the Chad bourne Furniture
Company and in furnishing and conduct
ing the home on Bush street. When the
estate of Mr.. Merriam was distributed the
notes were given to Mrs. Chad bourne as
her share. It is said that the money OBJ
tanned on the notes was lost by reason of
8 shrinkage in values and in the conduct
ing of the furniture business in Portland,
Seattle, Los Angeles and San Diego. The
strikes OF 1892 are blamed for the ruina-
ton IF the business, which was established
in 1876.
Following is complete list of the liza
bilities:
Due J. T. Bonesten. 111S Bush street, 1925
on promlssory note.
Commercial Travellers Association $3.50,
Delta Vineyard Company $500. stockhold-
ers' liability on merchandise furnished.
Acme Filter Company 500, stockholders
liability on merchandise furnished.
T.V. o'Brien, 402 Montgomery street. $3.50,
promissory note.
John h CurIey $50, goods delivered.
United Carriage Company $3.50, services rem
dered.
Hub clothing-store $50 so. goods delivered.
Dr.. G. 81. Palmer 500. services rendered.
Dr.. J. D. Whitney S65 services rendered
Nolan Brothers Si31 40, goods delivered.
Caroline NJ Chadbourne $40, 692 and in
terest on promissory note.
The money due the Commercial Travel
ers' Association is a liability on a joint
promissory note signed by Chadbourne,
ID. I. Cole, John Mallon and a gentleman
named Wheeler, which was executed in
satisfaction of liability on the bond of r.
D. Laidlaw, an officer of that association.
The note is secured by a mortgage on
mining property in Mono County, owned
by Mr.. Wheeler.
The assets are as follows:
Ten acres Of land near Fullerton, Orange
County, $4,000.
Two lots in Los Angeles, $500.
Real estate in San Diego, $500.
Promissory notes in the following names
amounts and dates:
W. B. Farwell, $40, October "a, 1887; F. W.
Bert $50 October II. 1884; F. N. Cough,
S30S 80. January l. 1884; D. H. Harkins SSI,
June 1, 1885; J: E: Murphy, $95. August 81,
1889; James Martin, $50, January l, 1887;
J. G. Scobey, 1886 40, June %, 1886: John
Irounson, $50 SO, August 81, 1891; W. T.
s95, July %, 1878; J. B. Hart, $3.50, NoTem,
Der II. 1873; George W. Fogg, $12O, October
den, 500, February II, 1889; Isidore Blum.
$40, Decem Der %, 1882; F. W. stechian, S75,
June 26, 1885; Charles Z. McGreer S69 SEN
TENDER %, 1886; A. J. Bailey, SSH 25, Au-
gust 8, 1888; d. H Allen. $3.50 IS, March s,
1891; Ella K Laird, 1875 so. March 27, 1890;
Alfred Singer. $9l 90, March IA, 1889; Lyman
l. Mowry. 1868 40, June IS. 1896; p J. Hem
nelly. $426 50, March "a. 1896; A Z. Open
Randolph, $112 Is, November 1, 1892; Grant
l. Taggart, 1856 50, November 16, 1892; Will
liam E. Nelson, $97 so. November l, 1892; H.
= burke 3l1O on, august 20 1881, and w l.
Ashe, S67 o., January IL, 1892. Total
S652S 81.
Half interest in Chadbourne Furniture Com
pany, $461S Sc.
20 shares Hotel Rafael stock, no value
100 shares Electric Street and Station Indi-
Gator Company, no value.
30 shares Hotel Vendome stock, $3.50
300 shares Mount Hamilton Stage Com
pany stock, no value.
zoos shares Pacific Underground Electric
Railway Company, no value.
749 shares San Francisco Autographs Regis
ter Company, $500.
value
Cash on hand, 81 So
Clothing exempt from execution, 500.
Petitioner owns no homestead.
The ID. /. Cole named as jointly liable
on the note in favor of the Commercial
Travellers Association is Harbor Commits
sioner Cole. Laidlaw is the official of tha