davidaulloa/AmericanStories huggingface dataset:
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16
Bench Warr,nt. Issued.

Bridgeport. Conr. April 15.-Bench
len and Vice-President Il. n McHenry.
OF tho Now Haven Railroad, were
two officials with gross negligence and
manslaughter in connection with the
Westport wreck last October.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16
CHARGES NOT SUSTAINED

New York State Senate Finds in Fnvor
of SfiilweiI.
Albany, n. Y. April 15.-The Senate,
to,night decided that the charges of
Senator Stillweil by George III. Ken
dali, president of the New FORK Bank
Note Company, have not been sus-
tanned.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16

serve political ends. The appointments
thus far by President Wilson. it is
understood, do not fall within the class
that might meet opposition from Re-
publican sources
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16
District No. 4---Automobile Contest.

DISTRICT No. compriscs all Henrtco and
Chesterfield Countes. not Included In Districts 1,
md ,, aud iouisu. Orange, Cupcper, FIuvanna, Al
bemarIc Nelson and Augusta Counties.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16

DISTRICT No. comprises all OF virginia not
included In Districts q. and the State of North
Carolina. =
S Mss 1da Berry Crgiersyille. 1856
DIU"I, CrltZ Depot. Va. 5.40D
~ -, Io!u, w ~ Fenton n c.. .......... 2G40O
Inh,S ','oleit Mlddietown, Va
=: - NSnP0rt LANCASTER. Na.......... $3.50
- urus, isIe OF wight G. H.. Na.... $500
40; i.stSs, etcher va. 21,o5S
Sisn W. my IrnIuon va
r.tSa - itchEtt Cape Charles, va. 29,o1S
II 7; tiarn,, No, ION orge .17is00
'iIIi zap, va 2,400
Ms ~, lines n enoerson, N. Co.. $4,000
NJ r. "" Jeiii itlngs, Ioano Va. 1850
Ns. a M o an nneid Va r. +. D.. 5315S
Misc OIooIi i-is h,Loot $500
Jy,,,a5 X r. D. No 2.;;. :......:...... 1872
wiki. .1DsCH' AihissFllie. va. $500
Irnrres e. i,i,u rroanna va 256,27?
I1r y ,,rn, w IrInii;iinisours va 1000
Mrs 1! tiE2ai4m Ea;,; :........ 22oos7
Mrs mn. -MHchlpongo Na....... 1000
", .oeioon r. o.. Na...... SIPS
~ haywood,
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16

III
Edward Counties.
]. A. Addeman. Farmvle, Va r. F. d 1 6 son
Miss Jennie Warren Bergman Surry, Va 40 662
Miss Myrtle Bradshaw. Rice. Va........ . 800
Dr. w $ Briggs Dinwiddie. Va. ........... 81 800
~; u. oIighlWei tiiicNstonc' Na........ 5000
MISS E,inlit iurt0i Ainnion 10, 900
l. u. CIeIentS, Wakeneiu, va: ............. 200
Geo y. Crolle. Crewe Va. r. L. d. 3. Box as. o60O
Robert J. Ducsbury. Church Road. Va. 80. 92SS5
W. FL. ore GI,r Vor, va 22s.73S
Miss Sara w. Estes. Burkevile. Va, r. f. D.
r 30; z. 3;:............... 7,711
n -. Iia, 1So 3, va $4,000
MSS @ ie,; 80. w eIce'iie, Va... 1880
3tCsePI Gu~t IL VA, ~, h0119
Miss Matte Hannah exinstnn' va''.'.... - 426
HInr % ~ 1on 1925
n ~ - W. e. - ~ &, ale, Fa.. 1850
Miss Gladys James Crewe, Va. .......... 10 7?S
w LILY; o tiS Va. $3.50
n, w ,i ,029
Srs III MitcbnI Diiiw"n "a; '''....'.... $500
~ Ar; H. III 6S.277
:, LA I,o va $500
J. NJ. Owney. r. f. D. No. g. Wakefield, Va 3'S00
Sira ,1in ~ raiat a. 44493
Nrs sidney, Va, 27,631
M IT'S o. a. 1862
n ,, 62.074
=. ~ t1oNe iiit, va. 1900
Mrs b. w. Sebre Sebrell. Va........... 81 9TG
J; Creath shelburne. Green Bay. Va. 800
ME-. a. Sin :. 1000
I,, SoWTs'
Miss rIvyian Snsau uo1. va. 2,4OO
Mrs. Carrie F. Wells, R. F. d. g. Box 40 S''iei
=. Blackstone, Va. ................ 81 no
Miss Helen Williamson, Petersburg. Va. 500
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16

p L. Anderson, $500 z. Broad St........... 49,
y. Is bowman, Va. Line Tariff Bureau. $500
Jack BRYANT, 26O2 r. Broad st 10000
Oliver b. Cross. j. a. Connolly & Co.. 5000
q T. Dowdy, GOT state st. Fulton 10000
w ~ ttaiie 2i03 T. Grace st. .............. 1876
W j. ierndon. 40 n. 25th St............. &c. 90S
T. H. lunt 3Gul H. Broad st .............. 3lI,414
MISS Elleh Holman 407H N 2Ith ST.. 5G,5S7
i,opert u ffughes care w: s. Mccoy. 35,4S4
MISS NJ A Jailnke. Virginia Building. 1000
John kuster 10 s. 14th St................. 2I.5G0
Siiss Louie Lloyd 5l9 n 18th St 1882
Mss Dorotn? Mason SlS ~ 18th St..-...... 4.Gl7
;M'ss RANGES Poweil bl4 33d st. ......... 1929
S Sahs ~. Schaaf Larus Bros Co. 27,5o2
Co.: .;........ ........ 1000
- -. NADER l.2o =. Washington ST.. $500
- -. w 2inD soo n 2Ist St .......... $500
-Ntthur IL wright, 1913 Third Ave. 2e,553
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16
District No. 2---Automobile Contest.

DISTRICT No. 2 comprises oil territory in Rich
mond north of the James River and enst of Second
Street unciudinE Second street,, MISC including
Highland Park and Chestnut Hill.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16

WINNERS Of The Times Dispatch Tours will dowell to
ASK Mr. Bowman, Manager Foreign and Travel Depart
ment Richmond Trust and Savings Co., 100 E. Main St.
regarding ALL trips. -
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16
District No. 1---Pony Contest.

DISTRICT 80 compri"cs NIL territory in Rich
mona north OF the James River west of Second
s S,rect 'not including Second street, Barton
Heights and Gintcr Park.
i,i as Armstrong IT. $40 Barton Avenue 142os
IJerter, 80 3I 10 Hanover Ave. 3,12S
- - hanover ANe...... 66.606
~ itoblnson St..... 290.943
Mics ~, w race St 31,4l4
1919. ve ~ Clay ST 1000
tennet, stauaI. ave 20.540
Miss ~ ,,1 pV' f'eVerly ST.. 1000
Sin. ~ Scidan 10 r. Grace St.. 27.400
'-N'"Si'' 49, Stuart ave. S6,SlS
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16
District No. 6---Automobile Contest

DISTRICT No. comprises Surry su.re, son.h
ampton Dinwidde. Brunswick, Nottouay Buck
ingham, Amherst. Rockbridge, Amelia and Prince
Edward Counties.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16
District No. 3---AutomobiIe Contest,

DISTRICT No. comprises nil territory known as
HiII.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16
District No. 2---Pony Contest.
District No. 3---Pony Contest.

DisTRdCT No. comprses all territory known
Hill. N1N Or
Master Alvin Avis 80 ciopton ST. swansboro ssoo
Mss Mar! AleySe Godsey, 1875 18th ST -. ! az 099
Mss Margaret Knight. iiol Decatur st - 81 SSo
MISS Marie "A Scott, 80 w. 10th ST. Wood
Harper shelton peasants. Forest Hill a. 81
Robert Warren Harrison. 251o HarCroye Ave 1o'oz1.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16
Final Vote Of Contest
District No. 7---AutomobiIe Contest.

DAeahlCT No. comprises Appomattox, Camp
Ssn bedford. Botetourt, GreenesviIIe, LuncnburE.
necRienburg, Charlotte, Halifax. PlttsyIvnnia.
Henry and Franklin Counties.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16
District No. 7---Pony Contest.
District No. 8---Pony Contest.

DISTRICT No. comprises NIL Virginia not
included In Districts to z. and the State
Carolina.
Miss Kathleen Anderton. Hayes Store. Va. 1900
Master Leon Meadows, shenandoah Va. 1886
Miss Mary Ochiltree, fIastYile, Va......... $500
o. L. Rocks. Townsend, va. 31,110
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16
District No. 8---AutomobiIe Contest

DISTRICT No. comprIses nII OF VirrInrn moi
included In Districts to a. nj the State of North
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-16
District No. 4---Pony Contest.
District No. 5---Pony Contest.

DISTRICT No. comprises Hanover Go,cb,ana
Spotsyivnnia. Essex, Stafford, Caroline King Wi
liam. King and Queen. New Kent Charles CT
Prince George. Powhatan and Cumberland Comet.
Miss Tycii,e ~ ~ oa II. DDuSputanta Va 25.S3S
s.ra, u ao No 2so5
Sfss
T1a,,;d E;aI5 w. tihI;oNen, va 1858
Me- NJ ~, - o,ISu,a o'i SoS * 3.219
Miss Ida ! =. II ,tnh;ns, uItivliie va $500
Mice Nh, y, No. L. ............ I2sos
Htiss Hanse = va S,l0U
Inh,, Iso,,ne tIiSn.a EFT Va.... $500
ransona iii It ~ shs.iu va 30,926
ri rrS,,Io. g.. ~ a. 400
NIi.s Hyio. $500
MISS -Ni'a VI. NHeeiilouSe, petersburg, Va.
The day book. [volume] (Chicago, Ill.) 1911-1917, 1913-09-26

seven times this year. Ihree tunes
they beat me and three times l won
from them. Once l faced them after |
we had practically lost the game. My |
experience has been that, unless l Am
right in every sense~of the word and |
able to pitch shut-out ball, they have |
beaten me.
have often been asked if the Ath- |
letics have batting weakness? If |
they have l never found it. Mack |
hasn't a weak batter on his team |
Even his pitchers are dangerous in a |
pinch. l know this from experience.
Baker and McInniss are the most |
dangerous batsmen on the team. If |
either has failing don't know what
it is. Both will go after bad balls
and make base hits when a pitcher
least expects it. Usually, too, they do
this when hit means run.
Collins in another sterling bats
man. A man has to pitch to him all
the time. He seldom goes after one
inside or outside, and when he gets
the pitcher in hole he will hit safely
three times out of four.
EuulO MURPHY, OluIlHS anu OIfunh
are up there crowding the plate all
the time. They are hard men to pitch
to for many reasons. They may be
fooled on a curve three times run
ming, and the fourth time, when a
run is needed, they will whale hook
for extra bases.
Schang and Lapp, the catchers,
are good hitters, and Dannie Murphy,
the pinch hitter, is slugger always
feared.
If Brown, Shawkey, Houck or Bush
start in a worlds series game and
can hold the Giants to three runs, the
Athletics will win every time. I look,
though, for Bender and Plank to win
the championship for the team.
Mathewson and Marquard will not
fool the Athletics. Tesreau may do
The day book. [volume] (Chicago, Ill.) 1911-1917, 1913-09-26

BOY OF SEVEN is A VETERAN
OF TWENTY BATTLES
New York, Sept. 26.-Boris Dini-
trimozith, born in Boston of Bulgar-
ian parents, though only years old,
is veteran of twenty battles of the
Balkan war. He was wounded on the
field, was rescued by the Crown
Prince Of Bulgaria and was decorated
for bravery by Car Ferdinand.
When the war broke out, Dimitri-
mouth, living in Boston, went back
to the fatherland to fight. Boris
mother is dead and so his father had
to take him to the, war. They made
him drummer boy and he was shot
in the breast at Kirk Kilisseh.
Boris arrived on board the Oceana,
wearing a soldiers uniform, even to
a short sword, and on his breast was
the star of the Order of st. Elizabeth.
The day book. [volume] (Chicago, Ill.) 1911-1917, 1913-09-26
ANOTHER BODY MYSTERY
Central City, COL, Sept. 26.-Wh

Joseph Waiter, miner, was en-
gagged in repairing the roof of a
house he rented last April he STUN
bled over bundle of bedding, which
on being unrolled brought to view the
mummified body of an apparently
newborn infant. Two other bundles
contained the dried-up bodies of two
more newly-born babes. About the
necks of two of the bodies were
strands of cloth apparently use to
strange them. A family which rent
ed the house for II years vacated
two years ago.
The day book. [volume] (Chicago, Ill.) 1911-1917, 1913-09-26
WEAVERS' STRIKE THREATENED
lAInhnHnr Mac Cart A

WEAVERS 5 RIKE I THREATENED
Webster, Mass, Sept. ga gen.
eral strike of 1000 weavers now
working night and day on govern
ment contracts at the mills of S.
Slater & Sons is threatened follow
ing the walk-out yesterday of 500.
weavers from the south village mill.
Strikers now receiving 81 week will
demand the one-loom schedule,
which would double their pay. They
will attempt to make a personal ap-
peal to Mabel Hunt Slater, whose late
husband owned the mills,
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-15
ROAD WILL
JOIN MURPHY
AND ATLANT
Movement to Finish Remaining
60 Miles Will Be Started at
EIIijay July 4.

Public spirited citizens Of three of
Georgia's richest counties-Gilmer,
Pickens and Fannin-are becoming
good roads enthusiasts. barbecue
will be held at EIlijay, Gilmer Coun-
ty, July 4. when a movement will be
launched to complete the Atlanta
Murphy, N c., highway, which now
extends from Atlanta TO Nelson, just
over the line in Pickens County, a
distance of about so miles.
There yet remain about 60 miles not
completed in Gilmer, Pickens and
Tanning counties 1t is expected that
at least 5000 citizens of the three
counties will attend the barbecue.
Among the speakers will be State
Senator A. H. Burtz, who represents
the counties IN the State Senate; Rep
resentative w. B. James, of Gilmer
County; Colonel Carter Tace, United
States District Attorney; w. H. Ship
per, of the Shipper Bros. Lumber
Company, and Hon. Sam Tate, of the
Georgia Marble Company.
The road will connect with the Gov
ernment's Southern Appalachian
White Mountain forest reserve, a tract
of 81 600 acres
State Senator Burtz and Represen-
tative James will endeavor to obtain
an appropriation for the highway. W.
Fl. Shipper. of Ellijay who visited At
lanta Saturday, said
THE counties through which we
seek to build the highway are the
most fertile and finest in all Georgia
The Appalachian forest reserve is a
wonderful and sublime spot. I put
it ahead of Yellowstone Park in a
great many respects
state Game Warden Mercer has
received word that a large herd of elk
will be shipped from the Yellowstone
National Park to be turned in the
Appalachian reserve. This playground
will become a popular place, l feel
sure
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-15

genuine adverse condition. Yet
they ask us why it Is that, some
how. some people seem TO feel
fidRety and apprehcnsive.
For the life Of me, with mag
nilcent crops In prospect with
real estate values firm, with mer-
chants selling goods 10 beat the
band. with everybody making
better wages than he ever before
made-Tm hanged If ] know why
anybody should be scared.
You recall how, q few years
back. when the automobile bust
ness began 10 assume gigantic
proportions, a great wall went up
here and there that the automo-
bile craze might ruin the country
il we didn't watch out
1T was said that people were
mortgaging their homes by the
wholesale throughout the nation
to buy automobiles that wouldn't
last long, anyway.
We'll. / got nervous about that
thing myself. / thought II was
pretty bad, If people were mort
gaglng their homes all over the
country 10 buy automobiles
Few Mortsaged Homes.
That 'goberlin' didn't get us,
however for calm, deliberate in
vestigation disclosed the inter
esting fact that the charge wasn't
true-not even fractiOnally true.
Less than / per cent Of. the auto
mobile owners mortEaged their
homes 10 buy machines yet the
story had grown as Il went, Ike
"a SNOWFALL rolling downhil, until
the alarmists had practically
everybody mortgaging his home
to get a machine.
How silly that all looks now.
And vet people. somehow, did get
automobiles - and presumably
most Of them have been paid for
for surely to- day the automobile
business Is one Of the greatest
businesses In the world.
Il mention this matter 10 show
how sometimes the most absurd
things tend TO upset the conf
dence. People should remember
that money Is prov rbially tim.d
and while / DO not feel that
always Is as timid as IL gets credit
for being. I do believe that pcssi
mistic talk may bring about pes
simlstiC conditions.
Now I am starting for pleas
ure trip 10 Europe. ! have never
been across the waters, and it has
been many a day since | went
away from my business for three
or four months. ! have varied
interests. in all sections OF the
country, and am associated
heavily, In one way and another,
with many people. Does il stand
10 reason that I would make this
European journey now II |, at
least. were not perfectly salts
fed that things are in fine shape,
and will be in as fine ~ a)t better
shape when ] get baCkr
so far as ! am able to judge,
there Is no reason for apprehen-
siou-on the contrary there Is
every reason TO look forward con-
fidently 10 additional prosperity"
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-15
REFORM COURTS
ANBPRISONS, IS
PLEA Of DORSEY
Solicitor Favors Legislative In
vestigation to Make Both
Systems More Efficient,

Solicitor General Hugh Dorsey, of
the Fulton County Superior Court,
has given out an interview strongly
indorsing the proposal to appoint a
legislative committee to make thor
ough investigation of the penal sys-
tenn and criminal court procedure in
Georgia, with a view to improving
both, increasing their efficiency and
bringing them thoroughly up to date.
AS Solicitor General, Mr. Dorsey is
constantly brought in contact with
many difficulties under the Georgia
law of convicting a man before a
jury, even when his guilt is certain.
Il think one of the difficulties
says Mr.. Dorsey Ties in the fact
that the members Of the average jury
know that the conditions which sur
round a convict in Georgia tend to
make a man worse and not better,
and that juries are consequently re-
luctant to deliver even a guilty man
into the hands of justice that will
merely infiiCt punishment on him
without much likelihood of doing him
any good.
IF the penal system were revived
along practical and thoroughly con-
servative lines, yet in such a way
that it would make for the moral and
physical betterment of convicts, I
believe our juries would not only be
more willing to convict in proper
cases, but would also be willing to
give the criminal courts wider author
ity, which they stand in such great
need Of"
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-15
Two Years Ago an Atlanta Con-
vict on Brink of Grave, Now
FinanCier Controls Millions.

A marvellous story which Queen
Scheherezade might well have relat-
ed as the one thousand and second Of
her Arabian Nights Tales is that Of
the rise and fall and rise again Of
Charles w. Morse, New York banker.
and genius Of high finance.
Two years spent in the Atlanta
Federal-prison seem not to have de-
stroyed the resiIiency or power Of
Charles w. Morse as a financial
wizard Indications to-day point to
the probability that he will re-mount
the ehights Of big business from
which he fell in 1910. when the great
crash in his fortunes came, and when
he, apparently dying, was sent TO
prison.
Morse was then an elderly man.
With a prison term Of fifteen years
before him, the world considered the
career Of this meteoric captain Of
industry ended. He was in debt
S7000000. he had lost control Of
$500. 900 Of various resources; ne
was a convict
More than that, physicians gave
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-15
GREAT PACKERS ESCAPE
ASSESSORS PENALIZlNG

CHICAGO. June l4.-Appraisals of
the stock yard packing plants by the
board of assessors show that none
Of them was ptuslizei and that SWif,
a Co has returned the largest fuI
valuation The valuations as made
hy the various companies are. Swift
4 60 S8I50.HUU. Armour * Co So
$4,000. Norris ~ Co. $4,000. SUI
berger & sons Company. S5-5.010.
Lfbhay NcNeIr & Lihbey SAGE GOO.
Arglu-AmsrlCau Provision Company
S4r0o0a. and North American Pro
vision Company. &10H7So.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-15
Yale Seniors Will
Graduate This Week
President Arthur T. Hadley viii De-
liver 5acealaureate Address To-day.
To Dedicate Memorial Gateways.

NEW HAVEN. June 1.-THE activi-
ties Of commencement week at Yale
were usherod in tonight with the pre-
sentation Of Farquhars inlay, The Re
Cruiting Officer" 10y vne Yale Dramatic
Association
President Arthur T. Tiadley viii de
liver the baCCalaureate address at Wool
sew Hall tomorrow morning. Then viii
follow the dedication Of the gateway
IN memory Of President Noah Porter
AT 8 %. M. the dedication OF the gate
way IN memory OF Forrest Leonard Dan
iels 1907. erected by his classmates,
will DE held
The exercises OF -aIe College with
the class history, Grafton ami poem, viii
take place iu the afternoon, followed by
the planting uf the class ivy.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-15

ion. But when competitors got their
ice to New YORK, they found that
Morse had closed every dock to them.
American Ice went up to go. and
the company prospered exceedingly.
Then the stock began to drop. Morse
got out as active manager. and re-
mained quiet until the public indig-
nation over the price Of ice cooled
Then he organized the Ice Securities
Company, taking in American Ice and
others, paying Z per cent on pre-
ferred, and sending the price of stick
from "a to 90 in less than a year.
In 1907 the cOmpany's stock
dropped from 80 to S1A. Morse had
sold out just before the crash came.
Begins Picking Up Banks.
He began picking up banks. until he
had a string. After the panic of
1907 he got them by the simple ex-
pedient Of pledging the stock of one
bank as collateral for his purchase
Of another. He bought the PEOPLES
line of steamboats, from New York
to Albany, and later all the lines
from Boston 20 points northWard.
Next he bought the Metropolitan
Line. and ordered the Yale and Har-
ward built at a cost Of 81, 600, 600 each.
Before long he had other steamers
on the Hudson. Then he bought the
Clyde and Mallory lines. All the
time the banks he controlled were
lending huge sums on the securities
he was buying.
Morse and the Heinzes and the
Thomases entered the United Copper
pool, and sent the stock up 90 points.
This pool was fatal to the Morse
fortunes. Somebody entered the mar
ket with a lot Of stock to sell Just
when the pool seemed a success. The
Heinzes say II was Morse who, al
though bound by an agreement not
to sell, began to feed the market If
II was Morse, he waited too long to
unload. The pool collapsed with
surprising rapidity. and the bank OF
North America, which had loaned
Morse millions on notes made by
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-15

powers Of the man is exhibited in the
fact that although his personal
debts when he first was arrested
were $1,000, 900, he reduced this by
S5,000.000 while he lay in the Tombs,
and by the other 100000 soon after
he came to Atlanta, a prisoner. Now
he is free from debt
Here is told briefly the story of
his financial recuperation:
Morse has numbers Of friends IN
Bath. Me, a city for which he has
done much. and where his name is
not to be mentioned in connection
with illegallty. There they consider
that his troubles all came through
technical violations OF the law. Any
how, the banks and trust companies
Of Bath are ready TO back Morse.
They probably did help him TO get on
his feet. Then. certain members Of
his family have money and they lent
him $1,000 shares Of stock in the
Hudson Navigation Company, when
he pledged in the acquisition Of the
controlling interest In the company.
He did not have to put a cent Of his
own money itno the venture to get
control.
Gets Shares From Kindred.
He had $4,000 shares from his rela-
tives. A syndicate composed Of John
W. McKinnon. who had been presi-
dent since Morse was ieposed in
1910, G. E. Shaw, his partner, La
denburg. Thalmann and Company;
George R Sheldon, and others had
10000 shares.
There are 10000 shares Of stock
outstanding The market price was
SIS a share. Morse bid S25 for il,
and got It. In the same brisk man
ner Of his early days he closed the
deal. put up the $4,000 shares Of his
family for security for the purchase
of the syndiCate's 10000 shares. He
thus controlled $4,000 shares. and IL
most all the other stock is in the
hands % persons friendly TO him.
The stock has paid no dividend
since 1907. but now that Morse is in
charge. no one fears. He will make
IL do anything. his friends and ad-
made the American Ice Company be-
have in 1907
That was a great achievement, as
modern business methods GO He
made the American Ice Company pay
huge dividends until he let Il go,
when the stock fell from nearly par
20 less than 10.
Corners the Ice Supply.
To first become a power in the ice
business. he went 90 Maine and cor
nered the supply Of ice there. Ice
companies had To buy their ice from
him at his price Some Of them did
but couldn't pay for il. and Morse
took stock in payment That gave
him control Of the companies When
ne formed the American Ice Company
with a capital ~ $50 600. he sent
the price of ice ur tu f# cents q hun
.dred a, the piers. inviting compsti-