Los Angeles herald., 1906-09-08
BARBOUR
QUIETLY
RETURNS
Speculator Is Now at
His Home in
Long Beach
Says Big Claims are Paid
and Balance Will
Be Adjusted
Natural Increase In Value Of Realty
Holdings Enables Promoter to
Straiehten Up His Affairs
and Start Anew

After an absence Of seven months,
during which time various newspaper
stories have been printed concerning his
disappearance and the cause thereof,
Henry p Barbour quietly returned to
his home at Long Beach from Ense
NADIA last night, and now declares that
he is ready to face his accusers and
eventually, will be able to meet his
obligations in full.
The story is familiar to Herald read
ers.
Barbour was an extensive real estate
dealer and enjoyed the confidence of
numerous wealthy residents of Los An
geles and the surrounding cities.
Specuations which for the time be-
ing tied up all of his available cash,
and left him without sufficient funds to
meet his obligations brought numerous
creditors with demands for Immediate
settlements.
For time Mr. Barbour attempted
to raise enough money to satisfy them,
but failing, he quietly left the city and
went to EnSenada.
There according to Mr.. Barbour's
statements last night, he has been l'V-
ing quietly, awaiting the time when he
| might return to Long Beach and satisfy
| his creditors.
Comes to Pay Up
When seen last night by a Herald
| reporter at his home on Lime street,
| Long Beach, Mr. Barbour said:
Il have returned for one reason, and
for one reason only, namely, that 1
might make an effort to settle In full
with my friends who placed confidence
in me and to whom am indebted
"All of the larger claims have been
| adjusted, but those who have small
claims are entitled to a square deal,
and I am going to see that they get it.
For this purpose a meeting will be
called within few days. and those
who have claims against me will be
| given an opportunity of talking the
| affair over.
when 1 left Long Beach there were
assets in the shape of Stocks options
and equities in general in Long Beach,
| San Pedro and Los Angeles sufficient to
pay all of my debts in full, provided
the property was handled properly.
I'm the first place, the amount of my
| Indebtedness was greatly exaggerated.
1T never amounted to more than one
tenth of the sum given to the public
by some of the newspapers
| Big claims A0JuSteo
1.-THE larger amounts have already
been settled, and the smaller sums will
be attended to just as soon as possible.
II will see my counsel Immediately,
and after we have had an opportunity
of looking over the books, we will call
meeting and try to arrange some basis
of adjustment.
II want to say right here that those
to whom / am indebted have been very
H., H..
papers as rule. especially The Herald,
have treated me fairly.
"rhe whole story in a nutshell is that
l had too many obliga tions.
"Of course, my assets were sufficient
to meet them all, provided I had time
to realize on valuble properties, but
when a sudden call for settlements
came I could not realize enough to
meet them.
Properties Increase
However. one of the remarkable
things about the whole deal, and one
of the things which makes 1t possible
for me to look forward to settling UP
my accounts in full, is the fact that
while 1 have been away nearly every
piece of property in which / was in
terested had increased in value all the
way from 25 to so per cent. This will
greatly assist me in raising funds with
| WHlCH " pay Oll my CIeullOTS.
$4,000 Unpaid
When asked to state how much the
remaining Indebtedness would amount
to Mr.. Barbour replied that 1t would
not exceed $4,000 and intimated that
1t would be consldera bly, less than this
figure
"since leaving Long Beach," said Mr.
Barbour, II have been living rugged
outdoor life.
"As consequence 1 am feeling good,
and now that there is a chance to
settle my obligations 1 can assure you
that my future looks several hundred
per cent brighter than 1t did few
months ago.
you probably heard stories about
million dollar hotel deals In Mexico. In
which was supposed to be the prime
mover. but there was nothing to them.
Il did look around considerable. and
my business qualifications naturally
/