Evening Republican, Volume 19, Number 302, Rensselaer, Jasper County, 22 December 1915 — Titanic Claims To Be Paid By Steamship Owners. [ARTICLE]

Titanic Claims To Be Paid By Steamship Owners.

The White Star line, owners of the Titanic, have agreed to pay >664,000 if this sum will satisfy all claimants for damages in the great ship disaster. Of this sum practically >500,000 would be distributed among American claimants, >50,000 to British claimants, and the remaining >114,000 for interest and expenses in connection with the numerous suite. The total claims amounted to 2,500,000, but 44 of the 60 attorneys representing claims, have signified their intention of accepting the proffer of the company. This would give each claimant about 20 per cent of the amount they had begun suit for.