The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1898-11-26
FURRY IN THE
CATTLE TRADE
Failure Of Grant C. GiIlett Causes Sen
satiOn in Kansas.
LIABILITIES ARE 100000
Suit Of Attachment Filed and Creditors
Arrived in DFOEeS.
HIS CAREER OF SKYROCKET ORDER
His Operations Startled the Stock Men
of the West by His Novel and OAR
ing Methods Travelled in
Regal Splendor.
LIABILITIES ARE 100000
HIS CAREER OLA sKYR0cKET ORDER

Abilene, Kas., November ga failure in-
yolving cattle interests throughout the
southwest was precipitated here today
when an attachment suit for $4,000 was
filed against Grant C. Gillett, of Woodbine,
by the Gillespie Commission company, of
Kansas City.
Gillett controls thousands of cattle on the
southwestern ranges and his liabilities are
believed to be over a million dollars. 1t is
now known that on Monday Gillett made
an assignment and deed of trust of all his
holdings to D. W. Naille. Gillett at once
departed for Texas. Mr.. Naille, however,
refused to accept the trusteeship, and the
papers were not filed.
This condition of affairs becoming noised
about, Giletts creditors came down upon
him in droyes Representatives of the
twenty-five. commission. firms at Kansas
City arrived at Woodbine today on a
special train and began searching for Gill
tlett's cattle, which are ranging in sections
of Kansas, Oklahoma, Indian Territory and
Texas.
Some idea of the extent of Gilletts ma
bilities was gained at the county register
office here, where fully 81 100000 of his paper
is recorded. About one-third OF 1t Is plah-
ket and unreleased mortgages, WINE the
remainder covers cattle now being ted.
Most of Gillett's paper is thought to nave
been held by Kansas City banks and COM
mission firms, but the firms who are repre-
scented here on the ground claim to be am
ply protected.
OF Skyrocket Order
The career of Grant c. Gillett mas peen oi
| the skyrocket order. He is about 81 years
! of age. ana his operations have startled the
| more conservative stock men, -Four years
| ago he lived on a mortgaged quarter seo-
| ton of land near Woodbine, where ne pesah
| his cattle trade by feeding steers for others.
| In this he was successful, and on the h.'ie
ranch he laid the ground work OF business
| which has enabled him to handle over zVo'-
| 900 cattle within the last three years HIS
methods were as novel as they were daring.
| He bought great droVes of cattle in IeAas
/ = GOOD
/ ing Soon he organized his celebrated
| "cowboy' band, composed of plainsmen IN
| his employ, and when he rode about the
country in his special car he took his band
of musicians with him. He even took them
into eastern cities, where they attracted
much attention.
Mr. Gillett is said to have recently taken
accident insurance. ~
FURRY in Financial Circles
Kansas City, Mo-, November 25.-The fall
ure of Grant c. Gillett, the cattleman, OF
Woodbine, Kans, was not generally known
here at the close of business hours, though
it was already known and had created
slight furry in financial circles centering at
the stock yards. 1t is stated that over
900 of Gillett's paper is held in Kansas
City, distributed among score or more of
commission firms. Through these firms
some OF his paper has reached the local
banks, but as to the amounts of the hold
ings of any of the firms and banks no
definite information can be obtained
Didn't Go to Texas
Kansas City, November 25.-Gillett did
| not go from Abilene to Texas supposed
| in Abilene. He was in Kansas City yes
| terday and met creditors at a hotel. 1t is
said to be the desire of the men who hold
Gilett's paper to combine their interests
and carry the cattle until they are in a
arketable condition. About 10000 head of
Cjiett's cattle are said to be in the feed
lots on his two ranches in Kansas and in
the hands of various feeders in Kansas,
Oklahoma, Indian Territory and Texas. 1t
is not known where Gillett went when he
left Kansas City.