The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-11-20

In fulflIment of it's promise The
Call presents this morning the evi-
dence that is necessary and sufficient
for the robbed deDositors of the Peo-
pies Home Savings Bank and the de-
luded creditors of the Pacific Bank TO
recover at least $500, 900 that rightfully
belongs to them.
This enormous sum of money is rep
resented in land at Norfolk, Va, and.
although il is recorded in the names
of certain companies, it is really the
property of r. H. Mcdonald and sub
ject to confscation under the rules of
civil procedure.
This property belongs to DR.. McDon-
aid and was so conditioned that the de-
positors and creditors Of the Mcdonald
banks could not levy upon it. Lawyers
and creditors have striven in vain for
nearly six years to prove the fact of
the old mans deliberate dishonesty.
The Call is in a position this morning
to present these facts, and nothing is
left except the necessary legal proceed
ings that will recover the property to
the depOsitors. This property, which,
as already indicated is of immense
value, is situated in Norfolk, Va 1t is
now recorded in the names Of the cor
poratiOns known as the Norfolk Com
pany and the Park Place Company,
two concerns organized by DR.. Nc
Donald to defraud his creditors and to
insure to him the possession of prop
erty that does not belong to him right
fully.
In what follows The Call will show
how DR.. McDonald's valuable interests
were transferred dishonesty to these
corporations. Every step in the legal
jugglery that was necessary to protect
the old financier from his creditors will
be traced in detail, and the depositors
may then take the course that is neces-
sary to recover the property. Some
time ago action was instituted to re-
cover some of this property, and
through the neglect or the incapacity
Of the attorneys employed by the de-
positors Of the Peoples Home Savings
Bank only $4,000 was forced from DR..
Mcdonald. Instead of that insignificant
sum over half a million dollars should
have been regained. The Call will
show this morning how the money may
still be recovered through proper legal
action.
While the property at Norfolk be-
longs to DR.. Mcdonald, and he now en-
joys the revenue acquired from it, the
land is rightfully the property of the
depositors and creditors of the Pacific
Bank and the Peoples Home Savings
Bank.
The facts that prove this are of gen
eral public Importance. The history
that is necessary to demonstrate DR..
McDonaId's possession and ownership
of this property is of exceptional inter
est. The names Of men prominent in
this community and others are neces-
sarily involved in the recital. DR.. Nc
Donald was powerful in this city and #
was his privilege to use prominent men
in his scheme to rob his creditors. In
his gigantic plot to protect himself from
the legitimate consequences of his
wretched fnanciering he was able TO
use the names of such men as ]. B.
Haggin and Horace w. Carpenter. IT
win be remembered that CARPENTER
was the man who loaned his name and
his influence to DR.. Mcdonald to cheat
the creditors of the Pacific Bank out
of the Market-street property.
Carpenter in conjunction with Hag-
gin went further than that and helped
to defraud the creditors Of the banking
institution out OF the tremendously
valuable property which is located at