Amador ledger. (Jackson, Amador County, Calif.) 1875-19??, 1908-05-29
A SEVERE FINANCIAL CRASH.
Chris Kojovlch, Boardlnphouse
Keeper and Butcher Slips Out,
Leaving Numerous Creditors.

hiOund mere TOT years, came u
crisis last Wednesday, when an
attachment was placed on the board
ing house and butcher business of
Chris Kojovich, doing business at
what has been commonly called the
Austrian camp, midway between
Jackson and the Gate. The attaching
creditor is George Bakovich of Suffer
Creek, and the amount of his claim
Is given as 1865, borrowed money.
This action has brought to the sur
face tale of financial loss by too
contding creditors that has had no
parallel, at least among the Austrian
residents here.
! kojovioh is a native of Austria.
He came to this country seven years
ago last March. He was then about
70 years of age. Paul Kojovich, his
uncle, had been keeping the boarding
house for many years, and upon his
death he succeeded to the property
and the business. The place is fine
ly located for boarders, being within
short distance OF the Kennedy and
Argonaut mines. 1t was a favorite
stopping place with the Austrians,
the boarders numbering all the way
from 20 to ~ and over. He did a
good business. With careful manage
ment it could scarcely have been
other than paying business. AS is
usual with this class, the boarders
we're in the habit Of leaving their sur
plus money in the hands of the pro-
prietor. Kojovich in this way be-
came the custodian of considerable
money. He was banker for many of
his patrons. Hence. he always ap-
peared to be we'll supplied with cash.
Moreover, he was lavish spender,
dealing out coin without stint when
ever away from home. This awaken
ed no distrust among his friends, as
the profits of the boarding house were
regarded as considerable. His credit
was good, and he made use of it to
borrow whenever he could.
HOW The CRASH CAME.
His relatives-Gousins, of which
there are thirteen or more in this
, state-are among his principal credit
ors. Two of these-Steve and John
Kojovieh, have been lately working
as miners in Mariposa county The
former had loaned Chris $2l60 and
the latter $500. They both quit theil
employment in Mariposa early this
N onth, and returned to this county.
John had conceived the notion of re-
turning to Austria, and both called
upon Chris to pay the amount coming
to them. He was unable to do so.
He left home on Sunday, May II,
ostensibly for the purpose of getting
the money. 1t is known that he
visited San Francisco, Stockton and
Sacramento. he returned home last
Sunday, without the necessary coin
to square accounts with the two
clamoring creditors. Geo. Bakovlch
of Suffer Greek, by this time became
anxious about his claim of $3.50, and
met him Sunday on his return. He
; explained that he had valuables,
jewelry, etc., which he could not get,
but was going away again the follow
p ing morning, and would then get
them and raise the money. Bakovich
announced that he would go with
him, and they set out Monday morn.
ing on this mission. BakovIch re.
turned Tuesday evening alone, and
reported that Chris had given hin
the go-by, and left for parts IN
known. 1t is reported that he pur
chased ticket in Sacramento, paying
over 500 for the same, but the
destination could not be ascertained,
OF if known, it has not been made
public.
In this apsect OF affairs there was a
commotion among the creitors right
: away. Three attachment suits were
started namely:
S. Kojovich for himself and
assigned claims $2S35. 0C
Geo. Bakovioh, for cattle
sold, and cash advanced 565. OF
Chicizola Estate Co., mer-
chandise 1881. AZ
----
Total attachment claims S47Sl. 4C
A cousin, Tripo koioviUh, to whom
the absconding debtor owed Sl700,
says that in settlement of his claim
he bought half interest on the first
of the month. He was left in charge
of the place when Girls left. running
both boarding hnnaa and hntoharinp