The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-11-17

Donald and was ready to perform al
most any service that the dishonest OLD
financier requested
When the banks were on the verge OF
destruction Frank Mcdonald trans
ferred a piece of very valuable local
real estate belonging to his father to
a bogus corporation organized by the
Mcdonald family to cheat their credl-
tors. This corporation in turn trans
ferred back to Dr. Mcdonald the prop
erty in question. The old banker again
transferred the land to Horace w. Car
pentier, in whose name the property
is now recorded. All of these transfers
were absolutely Illegal and The Call
presents this morning the full and COM
plete evidence of this fact.
The full description of the property
which is still owned by DR.. r. H Nc
Donald, although it stands in the name
of Horace w. Carpenter will be of in
valuable assistance to the depositors,
in their efforts to recover what right
fully belongs to them. This property
was purchased by DR.. Mcdonald many
years ago. and the old man realized in
the later days of San Francisco it would
be of tremendous value. This land
above all others he wished to keep to
himself, and he was more than particu
lar in transferring 1t through bogus
transactions so that his name would
not appear as owner. The property in
it's full description is as follows:
Beginning at a point on Market
street, on the southeast side, one hun
dred and eleven DID feet and three CD
inches from the corner of Sanchez
street, and extending southwesterly
along Market street for one hundred
and fifty $50 feet; thence at right
angles to Market street southwesterly
one hundred and ten (110) feet; thence
northeasterly and parallel to Market
street one hundred and fifty Q50> feet;
thence at right angles and northwest
erly one hundred and ten Q10 feet to
the point of beginning.
Also beginning at a point on the
southeasterly side of Market street and
northeast of previous piece, distant
eighty-three (S3) feet and four (D
inches southwesterly from the south
westerly corner of said Market street
and Sanchez street; thence southwest
erly along said line of Market street
twenty-five (25) feet and eight (8)
inches: thence southeasterly and at
dred and ten Q10) feet; thence north
easterly and parallel with said Market
street fourteen 1D feet and eleven and
one half Q11a) inches to the westerly
side of Sanchez street; thence north
erly along said Sanchez street sixteen
16) feet and five and one half (51s)
Inches; thence northwesterly and at
right angles to Market street ninety
e,;xr fVao1 IN 1o
point of beginning.
The exposure undertaken by The
Call placed the creditors Of the two
wrecked institutions on their guard
The thousands of men and women who
lost their money through the dishonesty
of the McDonaIds understood that the
exposure was not made Tor any purpose
of sensationalism. They were assured
that something of material advantage
TO them would result from the revela-
ton The Call has made, and yesterday
afternoon the first attachment upon the
property of DIR. r. H. Mcdonald in
this city was made. This attachment
was issued in the suit of S. G.. Murphy
against r. H. Mcdonald The prop
erty on Market street has been attach
ed by the legal representative of Mr..
| Murphy, who will now proceed to get
service on the defendant by publication
and have the property sold under Judg-
ment to satisfy one of the debts that
DR.. Mcdonald owes to the robbed
creditors Of his banks.
In January of this year s. G. Murphy,
who at one time was cashier of the
Pacific Bank, and is now president Of
the First National Bank, was made the
assignee of many of the depositors and
creditors OF the Pacific Bank. Acting
in the capacity of assignee Mr.. Murphy
filed suit against r. II. Mcdonald to
recover $34, ,S42 SO, the amount of. several
claims assigned to him. DR.. Mcdonald
was sued personally on his liability as
a stockholder of the wrecked bank. The
old man being the principal stock
holder, legal action was first directed
against him. Murphy was unable to
serve a summons on DR.. Mcdonald and
the suit dragged along up to the time
of the death of Daniel Titus, who was
Murphys attorney. When The Call
began it's startling expose of the men
and measures that accomplished the
ruin of the Pacific Bank. Murphy,
among thousands of others, was on the