The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-01-07
SCHETTLER is
OFFERED $4,000
Can Sell Local Property to
= Creditors.
DAVID HIRsCHI MAKES BID
BANKER REFUSES TO LIVE IN
HUMBLE HOME.

AT private conference held by APP
pointment at 1850 O'Clock yesterday
morning between B. H. Schettler and
David Hirschi of Rockville Washing
ton county. at the formers residence,
Brigham and c streets. Mr.. Hirsch,
representing fifty creditors of the de-
funct bank. including his widowed
mother. made the banker a proposition
TO relinquish $4,000 worth OF claims
providing that. Schettler would turn
over the Brigham street and bench
IlOpertieS-
The interview, 1t is said, was stormy
and was productive OF no immediate
results. Schettler reserving his decision
in the matter until this evening
Mr.. Hirschrs offer of $4,000 for the
property followed MIR. Schettlerzs as
sertion:
IF could only get my price. would
sell and settle up with my credi-
tors"
Declines to Entertain Offer.
At yesterdays session Sehettler alb
sOIutely refused to entertain the prOpo-
siuion Mr. Hirschi win remain in Salt
Lake until the former banker makes
up his mind
The creditors represented by Mr..
Hirschi all reside in Dixie" These
depositors, in the main, are hard
working SWISS ana GeITndilSs WnOSr
Sa wings have been made by years of
patient toll. Mr.. Hirschi's father, Got
| tlieb Hirschi, who recently passtd
away. was of this type. BY thirty years
| of hard work he had accumulated 3d.
| 100 Mrs. Hirschi is the Administrative
| of the estate and she is represented
! by the son.
| 1t is i'm the interest of these cred-
| tors. who represent about % per cent
of the whole body of depOsitors. that
1 ,7-s-- -, ~
/ the realty transfer Hirschi. senior,
| had known Schettler since the early
6Cs and had reposed all his faith and
| the welfare of his family in him. David
| Hirschi has just returned from two
years mission
| Two weeks ago Schettler said:
They Cthe creditors) will never get
one square inch of my land"
| The remark was made with great
| vehemence and was addressed 10 one
| of those whose earnings Schettler had
I taken care Of
Creditors Would Provide Home.
| Schettler has frequently made the
| statement that he was unwilling 10
/ give up all of his property because he
didn't like the idea of being turned
! out in the cold"
| Mr. Hirschi. however, assured him
yesterday morning that he would not
! be turned out into the cold,'' for he
| not only OneTtu MIN @SVtuVUf NIllNlf II
| is said. is more than Schettler could
| possibly obtain for the property IN
| the cash market, but he also assured
| SchettIer that he's would guarantee him
a comfortable home
! IF you are in earnest about desiring
| 10 pay your creditors in full Mr.
] Hirschi said. you will accept this of
| fer of $50, 900. More than this, we will
buy you a comfortable home in south
| ern Utah: a home as good as the one
4 Nn~aN
a farm. a vineyard and half interest
! in all farm equipment.
The value of the property and equip
ment mentioned is about $500. Schet-
tier was not moved to accept by this
! offer and so HirSchi proposed that the
| creditors would purchase Schettler a
/ 2OO0 place in the same district in
| southern Utah.
] Schettler, however, baked at the
| idea of going into a home worth only
| this sum He did not propose to spend
| the remainder of his life amid such
/ humble circumstances
Creditors $4,000 '"Too Small"
| Mr. Hirschi endeavored to get from
/ Schettler his reason for refusing an
| offer from the creditors while express
| ing a willingness to accept a like sum
] from some private individual. thus
making it appear that the creditors
| $50, 900 looked much smaller than that
| Of sonGa capitalist
! At the conclusion of the conference,
| which lasted until about l p. m, Schet-
| tier told Mr.. Hirschi that he would
! take the matter under Amusement un-
| til Saturday"
Mr. Hirschi was present at Thurs
! day nights meeting of creditors at the
| Schettler home, attending merely as a
| spectator. On this occasion Mr.. Schet-
tier greeted him warmly. patting him
J on the back and assuring him that he
was glad to see him. The private ses-
sion was arranged at that time.
| Among the pathetic cases which
| have come to light recently is that of
a woman. a resident of the eastern
I part of the city. who for the past ten
years has supported her blind hus-
| band This woman had $500 in the
| Schettler bank, and she wept as she
! said in the presence of a Herald re-
| porter:
And TO think. IN this are 1000 hard,
hard washdays at sl.00 a day"
Another woman. an aged Scandi-
| navian widow. withdrew. at Schettler :
1 personal solicitation. $1,000 from Zion s
| Savings bank in June. 1904. and depos-
tied it in the private institution.
To File Amended Complaint
Several of the Salt Lake creditors
| stated yesterday that Receiver r. r
Anderson would be prepared to file his
| amended complaint to the suits inSti-
! tuted against B. H. Schettler and his
| three wives this afternoon in the dis
I trict court.
will be held Tuesday evening in Room
%, Hooper q Eldredge block.
STREET CAR MEN ELECT.