The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-01-12
REMOVE MILLIONS
FROM FIRE RUINS
CASH AND SECURITIES IN HUGE
VAULTS OF EQUITABLE Es-
CAPE INJURY.
rrasA. ssssi i
HYDE SAFE MISSING
WONDERFUL DEPOSITORY. INLAID
WITH MOTHER OF PEARL, CON-
TAISs LIST OF BONDS HELD
BY COMPANY.

NEW YORK, Jan. 1I.-Neariy
3400. 100000 In cash and securities
was removed from the vaults OF the
destroyed Equitable Life building to-
day and 100000 600 more In the
vaults Of August Belmont comoanv
was ascsftained to Be safe. With ad-
ditional assursnce that TIN contents of
the other huge vaults q tAs Buuitabis,
~ HarrinsAn iinea and the lGercentil@
sAfe DEPOSIT ccnbs~y had escspsd
serious INJURY, Il Appeared evident
that the threatened ioss Of more than
= billion dollars would probably
dwindle tothe actual destruction OF
the magnificent building and the
furnishings and records Of It's l26
tenants.
The tangible values reckoned In
this loss may be covered by insurance.
but other irreparable losses are those
sustained by great corporations and
lawyers through tho destruction Of
the bond registers. stock transfer
lists. libraries Of corporations infor-
nation and original naners upon
established or defended.
In addition to the 100000. 900 re-
moved from vaults the ruined
block. more than s45. 600. 900 includ-
ing 100000 in cash. was transfer
red from the vaults Of the American
Exchange Bank at f2s Broadway to
the temporary offices and vaults In
the Knickerbocker Trust Company.
But permission has been given this
bank to re-occupv It's home buildir~
after noon tomorrow, an the walls Of
tho Equitable building, which had
threatened to fall. have been braced
so that there IL no longer any danger
OF collapse.
Can Pc Replaced.
A member of the Gould family ex-
planned that tho estate securities were
believed to be secure inthe submerged
vaults. But. this man said. even II
destroyed. they could all be replaced.
He pointed out that similar destruc-
tons have taken place in tn burinir~
OF mail cars IN which such securities
were being transferred. Bonds were
deposited ito insure AGAINST future
claims and new issues were made.
The International News Service also
learned tonight that the safe, which
contained the complete lists OF all
the bonds held by the Equitable Lite
and which was built to the design
and order Of the late Henry Hyde
and said to be thu most expensive
private safe ever constructed, wa
missing. 1t has disappeared from it,
position on the third floor. Whether
the intense heat destroyed this vault
or whether 1t lies buried In the debris
Is q question. 1t was a wonderful
ornnmented safe, tnfztti With mother
1l~ xlS<s.e
been found to be untouched by the
ffre.
The possibility of an entire new
stock issue by the Hartman lines
was discussed to-day Mt directors
meeting. Definite action will be de-
layed until II 10 positively established
whether the stock transfer hooks Of
the Union and Southern Pacific lines
have been destroyed. Duplicate list.
of the stockholders can be procured
from the trustees of each line. but
mot the addresses
No Securities Destroyed.
Judge Robert s. Lovett. chairman
sof,g,sthe Harrttnan. eItsasvs : ID g -aas
that the records Of the companies can
| be made up from the books OF the
| constituent corporations. that nc
securities were destroyed by the fire
and that he hoped to recover the list
Of stockholders.
| After conference Of the execu-
tive committee OF the Equitable Life
| Assurance Society with its leading
| officers, President Day authorized Q
denial Of the published reports tina,
| Madison Square Garden would bt
made headquarters for the perma men,
| home Of the society and declared
that no NEGOTIATIONS for any prop
erty for any purpose have been un.
derfaken.
| The stock exchange to-day granted
| further suspension for deliveries ol
1 securities until Monday next.
| At Albany = bill was drafted pro-
vfding . law s1ai1st locking watch
men IN vaults without providing then
with emergency ken
No bodies have bean recovered
from tho ruina. although three hun.
drsd men WORKED hard III day -
: A0NrdN0 A0X1lN~