The Providence news. (Providence [R.I.]) 1891-1906, 1897-04-26
About the Condition Of
His Corporations.
LaterFacts Likely to Be More
Encouraging.
Missing Treasurer Rowland Said to
Have Been Here.
Was Seen Near Brother-in-L Laws Resi-.
dence on Saturday Evening.

New Bedford, Mass, April 26.-Morgan
Rotch, president of the Rowland, Rotch
and New Bedford manufacturing corpora
tions, said this morning that he is fully
satisfied from what he has been able to
learn up to this time, that the condi-
tion of the properties has been told in
the blackest way and that later develop
ments will be encouraging rather than
otherwise. %he expert who is goine
through the stock on hand, Edward Kill
burn has before him a great task. Just
the exact condition of things cannot be
known until it Is finished, but everything
in Mr.. Rotch's idea, indicates that when
all the figures can be spread out, matters
will Le found In much better shape than
was at first anticipated.
Nothing like such "A condition as that
III the case of the Columbia and Bennett
corporations Is possible" said Mr.. Rotcb
land l am confident that the very worpt,
was giyen to the public at the 'staf& y!
me to think otherwise md Vnc'WlsUouonu0nSn|
ment will show that my conclusions arc
correct. i do not mean to say that tho
stockholders Of the three corporations
have not lost anthing but tbs loss they
will have to meet will be small -
Rowland Was in This City.
William ID. Rowland, the missing New
Bedford mills treasurer was in this city
Saturday night. This statement is made
very positively by a servant employed in
the family OF his brothcr-in-law, Mr.
Edward Childs, who resides on Angel
street.
The servant saw him pass on the oppo-
site side of the street. He gazed at the
house of his brother n-law for moment,
and then walked away. The girl knew
him well by sight. and has no doubt OF the
ngf W. Mr xxb hn
saw.
Mr. Rowland Is considerable of a pedes-
trian end fond OF outdoor exercise. 1t Is
believed by his friends that he walked
from New Bedford To Providence. This
supposition is supported by the statement
of tcamster who met a man on the road
between New Bedford and Fall Biver an
swering in every respect to the description
of MIR. Rowland. The man said he was
very much fatigucd, and asked TO be per-
mitted to ride with the tcamster. HIS
appearance Indicated that he had been
walking a considerable distance.
The privilege of riding was granted,
aud tho man remained on the team until
IL had reached Smiths mill, or the road
10 Fall River and Providence.
There is no evidence that MIR. Rowland
remained in Providence over night 1t Is
believed hc walked on in the direction of
Boston. Ho has friends In Milton. and
the hope is entertained that he will pro-
cocd to that town and relieve the anxiety
of his relatives by making his safety
known.
a Remarkable State of Affairs
A remarkable state of affairs prevails
in the mills Of the three Rowland corpo-
rations. The mills are running as though
nothing had happened, and as far as ap-
pears, will continue To run till greater
necessity than now prevails for stopping
tncm develops But the feeling among
the help is the remarkable thing about
the situation They are depressed moro
over tho disappearance of Mr.. Rowland
than they are over any probability OF the
ihills being involved, and the real sorrow
ieli throughout the corporations is some
thing unprecedented Ia modern mill and
labor cirolos In all the mills the help
express willingness 60 mako any reason
able concession If they could rVllcye the
situation. Eoinc Of thcm have talked OF
Offering tn work at a reduction ca help
the management over The difficulty. or
90 work a while and let the manng nent
withhold tho pay till some moro pro-
pitious time. 1t shows the cordaiity Of
the feeling between corporation and help,
bat is not generally thought To bc Iracti-
col or possible OF accomplishments
At tho corporation offices things aro
running along as well ns they can. Presi-
dent Rotch is acting "a the head Of the
concern and Mr.. Card Is accepting new
orders and attending To the regular trend
of business, us usual.
Attachments have been filed against tho
Rowland corporations by Herman Capele
~ Comnany and Augusta A.nskiD a.
Co. cotton dealers. Each concern has
two attachments. one in an action OF con
tract and the other an action OF tort. Ia
cach attachment the amount was named
at $50 COO The writs were from the offices
Of Morse and Lane ot Boston. Deputy
Sheriff Nickcrson filed today two nttacli-
ments isscd from tic Offices Of A. ".
Algcr ana r. n. Millikcn, one OF SiO 0oD
I'm tho iutcrcsts Of Peter IA. Corr of Iann-
tot and the other for 5000 I'm the interests
of the Taunton Dyo Works and Blcachcry
Company. Both were actions Of eontracts
Asked for Receivers.
Fall River, Mass, April GO Elliott ID.
Stctson. Esq. Of New Bedford appeared
before Judge Maynard In the superior
Court today anti asked leave 10 present
petition for the appointment Of rcccivcr
for tho Rowland, Rotch and New bcdforo
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