The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1900-11-03

MILK PRODUCERS ASSOCldClOQ.-A meeting
of the officers and others interested in the af-
fairs of the United Milk Producers Associa-
ton was held on Wednesday afternoon, when
a plan was presented and accepted for the re-
organization of the association on basis that
appears to protect the interests of all parties
concerned and promises, if finally passed upon
by the courts to preserve the valuable bust
ness property and guarantee the full payment
of all claims against the concern. The plan
was submitted by Attorney Edward S. Hines,
representing the stockholders committee.
Mr.. Francis T. Homer presided. Mr.. Theo-
dore f. Wilcox and several other representa-
tives of the banks interested were present.
Mr.. Edward N. Rich and Mr.. John S. Ensor
attorneys for other interested parties, were also
present, as well as a large number of milk
shippers from the counties.
At the termination of the proceedings the
following outline of the basis of the settle
ment was given out:
The banks interested agreed to accept $143,-
600 in bonds as collateral security for the
amounts due, and they furthermore agreed to
collect the farmerss' notes at 5 per cent. a
month from payments of milk shipments
Fifty thousand dollars worth of bonds were
subscribed for by the st ockholders. These
bonds are first mortgage per cent. bonds
Seven thousand dollars in bonds will be held
in the treasury. About $4,000 will be raised
from outstanding bills due the association.
This will give the association about S85, 900 in
the treasury, which will be applied as follows:
$40, 500 to pay off the liens on the plant, $780,
600 reserved for capital, and the balance APP
piled to the liquidation of the claims of the
unsecured creditors and the defraying of the
expenses of reorganization.
It is said that the plan also arranged for the
payment of so cents on the dollar to the I'M
secured creditors, and the liquidation of the
balance of that portion of the Indebtedness
within a comparatively short period. The
only possible drawback to the success of the
reorganization plan is that the unsecured
creditors may not give their consent. 1t was
gathered at the meeting that there is no reason
to believe the unsecured creditors will stand
in the way of the plan for reorganization.
There seemed to be general satisfaction with
the plan among milk shippers and others who
were present. Under the terms of the agree
ment the banks will release the following
guarantors: James B. Councilman, w. b.
Crowther, j. Lawrence Mccormick, Joseph S.
Freeiand, F. w. Loeber A. L. Newcomer, r.
H. Merrick, Charles Wilson, Charles M
Sheeler, Evan Haines, ]. B. Clarke. ]. c.
Hunter. John p. Molesworth Thomas ].
Miller and r. Hillen Jenkins
Expensive to Disfigure Trees-Jurors
as Witnesses.-On Thursday last Judge
Burke and jury were engaged in the trial of
the four-thousand-dolla damage case of John
E. Bowersox, who lives on the Reisterstown
pike, near Pikesville, against the United Rail-
ways and Electric Company, for having de-
faced or injured four trees in front of his prem
ses in order to string wires. Col. ID. g. Nc
Intosh and Messrs. Redmond G. Stewart and
Randolph Barton. Jr., represented the plain
tiff and Col. NJ. w. Offutt appeared for the
company. The jury rendered verdict in
favor of Mr.. Bowersox for $500.
On Wednesday Col. Offutt took four men of
the regular list of jurors to the place of Mr..
Bowersox to see what damage had been done,
with view of making them witnesses. They
testified for the defense. Col. Mcintosh, when
he learned that this action had been taken by
Col. Offutt was very indignant and said that
such a mode of procedure was unparalleled in
his experience as member OF the bar
Continues to Build Fast Warships. The
Belair Times of last week said READERS of
the Times probably remember that the presi-
dent of the Union Iron Works of San Fran
cisco is Mr.. Irving NJ. Scott, formerly OF Balti-
more county, and brother of the late George
L. Scott, of Darlington, this county. The gal
liant Oregon was built at Mr.. SCOTS works,
and now comes the Wisconsin, one of the new
battleships, which on her trial trip has sur
passed the record of her sister ship just built
on the Atlantic coast. When the battleship
Wisconsin had finished her trial trips, Irving
M. Scott, her builder, telegraphed to large
firm in New York: The queen of the sea was
crowned when the Wisconsin made her record
today. The West challenges the East to try
again.
Swallowed Laudanum. = Mrs. Emma
Stephenson, wife of Charles Stephenson,
motorman on the Towson and Catonsville
division of the United Railways and Electric
Company, swallowed laudanum at her home,
134I York road, last evening" about O'Clock
She was taken to the Maryland General Hos
pital, and will be able to leave today.--Anaeri-
can of Wednesday.
This couple were married in March last and
it is said the husband is 40 years of age and
the wife 16. Domestic difficulties is supposed
20 have haon tha causa of the rash act