The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-11-04
A Gigantic Crime Revealed in the
Secret Records Of the
Pacific Bank.
BENT BENEATH The CRUSHING BURDEN OF SHERMAN
The Consprators Watched Every Movement OF the Bank
Commissioners With Dread-A Plot to
Ruin Captain jim"

The organization Of a gigantic Nc
Donald Company was urged, Frank de
Iiberately expressing the hope that tn
brothers would succeed in robbing tn
bank and save their own private for
tunes. Excerpts from the letter are a
follows:
NEW YORK, Sept II. 1892
My Dear Brother: 1 fully appreci-
ate the enormous strain under which
you have long been laboring,. and IL
drives me nearly wild to think l can
bring you no moneyed relief. 1t does
seem as If everything was at SKIES
and Sevens. In regard to Dyer L nave
nothing further to advise, as | wrote
you before Get all the security you
can consistently with your plan and
then do as you think wisest.
Now in regard TO what you have to
pay. You must not think of trying TO
pay Captain until you can afford 1t
even if years hence Place on him the
responsibility of disaster in demand
ing it. Nay, more than this. II worst
comes and you need more money and
can get it nowhere. else, make him
take his county bonds and borrow from
the savings bank for you. Ii he
wishes US to close, let him force It,
He must know we are safe enough,
only our money is tied up, and II he IS
public blame him for It,.
/ have been down to Norfolk and l
tell you while things there in real es-
tate are suffering from a reaction
ing and is going to be a big city, ana
fathers property is getting valuable
rapidly. and If we have nothing left US
but this property and can hold II
few years we shall have all we need.
/ went to Norfolk at fathers re-
quest to get deeds to his Norfoik
property made out for his three chil-
dren for Acknowledgements by him now
and to be placed on record at his
death unless otherwise disposed by
him previously. / found the laws. of
respect, and had to return, to consult
father for further instruction. Now
he will make a codicil to his will pro-
viding especially for his Virginia prop
ecutors without bonds with power to
sell for all three of his children
equally. / have been urging him to
do better than that, viz: To form now
called the r. II. Mcdonald Company.
Let ii be stocked for 81, 600 900 and let
the company issue to him all the stock
in exchange for his property, which
he will deed and sell to the company.
Then you see his estate Will all be
kept together, each of US will receive
so much stock and whatever bequests
he makes will be carried out by, the
character this would impart TO every
thing In the event of his death 1t
would be a shame to see his property
slaughtered by some heir wishing
division at once, whether the time was
ripe or not for such, and then you
know that Matte is not over happily
married, and If real estate came to
her there might be endless complica-
tions, while with nothing but stock for
her share her position would be prac-
tically independent. The company
would be a close corporation consist
ing of pa, you, myself, Matte and
no others. The more / think of this,
the more it seems to me to be the
thing
If we wait until his death to form
such an association some heir may
not be willing or other difficulties may
arise, and SO far as l can see no ad-
vantage is gained and heavy probate