Indianapolis Journal, Indianapolis, Marion County, 31 July 1884 — Page 8
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SALE INFANTS’ Lace Caps TO-DAY. *®“SEE PRICES. L S. AYRES 4 CO. N. B.—Grand Clearing Sale all oyer the house. BROWNINGS SLOAN DEALERS IN Chamois Skins, Sponges, Feather Dusters, Furniture Polish, Insect Powder and Guns, Moth Paper, etc., etc. APOTHECARIES’ HALL, Nos. 7 and 9 E. Washington street.
SPECIAL INDUCEMENTS FOR FAMILIES WANTING PIANOS AND ORGANS Parties at a distance desiring bargains should not fail to write for fuller descriptions. TUNING and REPAIRING a SPECIALTY, larders for moving given prompt attention. D. H. BALDWIN! C(J. Wholesale and Retail Dealers in Steinway & Sons, Decker Bros.. Haines Bros., J &C. Fischer and other Pianos. ESTEY Organs. If ORGANS tom lIS Upwards. OS, 97 and 99 North Penn. St. WE OFFER OUR STOCK OF FINE JERSEIS ALSO FINE PARASOLS, GREAT WUCTIONI WILLIAM HiERLE, No. 4 W. Washington St. THENEWYORKSTORE (ESTABLISHED 1853.) SHOE DEPARTMENT. Ladies will be interested in our Elegant Line of Slippers and Lowcut Shoes, of which we are showing all the newest styles. Our two and three-strap Slippers for Ladies and Misses are very popular. BROKEN LOTS. We have about 250 pairs Slippers, Ties and Low-cut Shoes that we have placed on one of our tables and marked them very cheap, to close. Sizes for Ladies, Misses and Children. EPPRICES ALWAYS IN PLAIN FIGURES.-AFI PETTIS, BASSET & CO. The Cracker Company’s Affairs. Prank W. Hamilton, receiver of the Indianapolis Cracker Company, was authorized by Jndge Taylor, yesterday, to sell the property of the company at private sale. The liabilities of the company, ns shown by the schedule filed, are 8 ,424.43. The largest creditor is the Indiana National Bank, in the amount of (13,800. The bills resolvable amount to $149.80, the good outstanding accounts are given at $1,777.47; accounts not collectable, $1,61434. The stock, machinery, fixtures, etc., have not been appraised. A Man with Glanders. Dr. J. T. Leach, of New Brunswick, Boone •onnty, reports to Dr. E. 8. Elder, secretary of the State Board of Health, that he has a patient under his care suffering from the glanders, which disease be undoubted contracted from a horse. Dr. Elder will visit the case, which is a eery remarkable and unusual one. New Parlor Goods at King A Elder’s.
MLHAEEISOFS ACCOUNTING His Report Shows that He Has Lost All hut SG,OOO of the Fund. Unsuccessful Efforts of His Attorneys to Have His Bond Reduced—Alfred Harrison i f Re-Mortgages His Property.
There was another large attendance at Judge Taylor’s court yesterday morning, brought there in expectation of some action in the matter of the receivership of John C. S. Harrison and the Indiana Banking Company. The report of the receiver was again bofore the court and, the seal of secrecy being removed, the reporters were allowed to read and reproduce in print the remarkable document, which is as follows: [ln vacation: Superior Court.] Mary Morrison et ah vs. William Needham et. aL No. 31227. To the Hon. N. B. Taylor, Judge: In compliance with the order made by your Honor in the above entitled cause in vacation, sitting in chambers, under date of July 24, 1884, and served upon me on said day, I herewith make the following report: _ In obedience to that part of the said order that directs me to forthwith make and file with the clerk of the court a full and detailed report of my actions and doings, receipts and disbursements in said trust I herewith file my itemized statement in detail, showing the receipts and disbursements, and also recapitulations thereof, which are each and all herewith made parts of this report-, marked for identification as statements Nos. 1, 2,3, 4,5, etc. In explanation of No. 4 I would state that John L. Kotcham, Esq., was one of the partners in the firm of the Indiana Banking Company. When that bank failed_he was largely indebted to it on account of notes and overdrafts, and held 399 shares of the capital stock, of the par value of SSO each, in the Haugh, Ketch&m & Cos. Iron Works corporation, which came to me in the manner in said statement set forth. When said stock was sold by mo on the 4th day of February, 1884, under the order of this court, the principal and interest of said indebtedness standing against John L. Ketcham, Esq., was $21,107.80. It was claimed on behalf of said Ketcham that he was entitled t-o have a credit allowed nnto him, and applied on the said sum due and owing by him to the said Indiana Banking Company for services rendered said last mentioned bank before its failure, that matter being unadjusted when said stock was sold by me February 4, 1884, to Silas M. Shepard, trustee, for , $20,000 cash, and the stock having been transferred by me, under the order of this court, as receiver and trustee. In order that this fund might be kept as it then stood, I deposited it in Harrison's bank and took a certificate of deposit, No. 26,812, of the date of February 5, 1884, for $20,000, payable to the order of John C. S. Harrison, receiver and trustee. I am informed there is a controversy over said fnnds as to whether said John L. Ketcham, Esq., shall have an allowance for his alleged services, and as to the direction and ultimate disposition of said money; and further, also, as to whether all or any portion thereof is so chargeable against me as to be covered by my bond given upon my appointment as receiver. Under the circumstances, lam advised by my counsel that I should report the facts, as 1 have now done, and leave these questions for further settlement. I, therefore, report that at the date of said order, to- wit, July 24, 1884, I stood chargeable as receiver with a balance of $81,817.84, and with the further sum of $20,000, the proceeds arising from the sale of 399 shares of stock of Haugh. Ketcham A Cos. lam further directed by your Honor, in and by said order so made, “forthwith to pay over to the clerk of this court all moneys with which I am chargeable in the premises, and file an inventory of all the remaining assets of said trusts.” In compliance with so much of said order as requires me to file an inventory of the assets, I herewith file an itemziod inventory of all the remaining assets of said trust, and make the same a part of this report. I regret that I am compelled to report that I am unable to—except as to the sum of $6,206.79 —comply with the remaining portion of said order. When moneys belonging to said trust came to my hands from time to time, os set forth in said statements, they were deposited in Harrison’s bank, of which banking house I was a member, and received by it in due course of business as other deposits were taken from day to day, and treated and used by it as other general deposits in the regular course of business of said bank, and checked upon by me as such receiver in disbursing said funds under the orders of the court, as is usual in the course of business. After my appointment I was engaged assiduously from day to day, up to the 16th of July, in reducing the assets to money, protecting the trust, and disbursing the fnnds. And believing that I was fairly entitled to some remuneratton for these services, I did, on May 16, 1884, draw a check for the sum of $3,000 to' my own order against said deposit in said bank, which was paid to me, not then anticipating the financial troubles that have sicce arisen, and intending when, thereafter, I might make an application for an allowance, to apply the same thereon. A sudden panic precipitated such demands upon the said bank, on the 16th and 17th of this month, that Robert N. Lamb was appointed receiver thereof on the morning of the 18th of July, 1884. On the 17th of July, 1884, for the purpose of securing said funds, and to protect my bondsmen from ultimate loss, I prepared and executed a mortgage on my residence, which was wholly free from incumbrance, in which my wife joined, nnto them, viz.: Charles Mayer, William E. Haueisen, William Hmrle, George W. Stont, George W. Mannfeld and Alfred Harrison, which was placed on record on the 19th inst. This property is fairly worth $45,000. On the same day, in furtherance of said purpose, Alfred Harrison and myself, comprising said banking firm, with whom a large portion of said funds had been deposited, and which demand they could not meet and discharge, executed another mortgage, in- which our wives joined, to the said bondsmen and sureties on what is commonly known as the Parker Block, which was filed for record on the 19th inst. This property is fairly worth $45,000, and is practically unincumbered; that is to say: On the 15th of August, 1882, the United States Encaustio Tile Works Company executed a mortgage on its corporate property and four other certain parcels of real estate in this city and county, one of which is this block, to the Portsmouth Savings Bank, to secure ten bonds issued by it for SB,OOO each, bearing 6 per cent., one bond falling due annually, on which debt $72,000 is now outstanding. The tile-works are of the value of $200,000, and the three other parcels are of the aggregate value of $30,000. Afterward, said Parker Block, with said other parcels, was conveyed to said A. & J. C. 8. Harrison; and inasmuch as said property and plant of the tile works and said other four parcels are first chargeable with said mortgage debt, and are of the aggregate value of at least $230,000, this block was in equity unincumbered at the time the said mortgage was made to said bondsmen. After the failure of the bank, Alfred Harrison, being a member of the banking-house aforesaid, and being a surety with said other persons on my bond as receiver, and the said banking firm being unable to repay the moneys of said trust so deposited with said firm as aforesaid, and Alfred Harrison being unable to contribute his proportion of said funds to his cosureties, executed and delivered to his co-snreties a mortgage on his residence property in Indianapolis. The realty, so mortgaged to secure said fund, is fairly worth in the aggregate the sum of $112,000. In the mortgage executed on the Parker Block there is a provision to the following effect: To secure the mortgages against any indebtedness of said Alfred and John 0. S. Harrison. Should it be determined that this clause in said mortgage is operative it will reduce the amount of the security on the Parker Block. But unless it should be so reduced the value of the three parcels mortgaged as aforesaid will provide ample security for the balance due of said trust fund. And these are all the means of any and every kind which I am able to provide for the security and payment of said fund. It is now physically impossible for me to pay said sums into court as required, or any part thereof. lam left without any money or property of my own whatever. Respectfully submitted, J. 0. S. Haeeison, Receiver, W. H. H. Miller, who appeared as one of the attorneys for the creditors of the Indiana Banking Company, commenting on the report, said that it showed he could not produce $96,000 of the amount with which he is. eh a ratable and his excuse is insufficient Hecfcpositcd the money in his own bank, but did not show that the hank was solvent, and that he showed simply that he had converted the money to his own use and had not checked it out during his receivership. The Court also thought Mr. Harrison’s excuse insufficient, and said the inventory should be closely examined before the report could be passed upon. Mr. Miilei said the law was clear; that if Mr. Harrison had embezzled the funds he could be punished for his crime in another oourt, and said that he should ask the court to direct the receiver to draw his checks immediately upon the First National Bank, of this city, and the First National Bank, of Sholbyville, for the $6,000 which he says is on deposit in those banks. Further consideration of the matter was then postponed until 2 o’clock this afternoon. In the meantime the detailed statement will be gone over by George C. Duy, who was Mr. Harrison’s assistant in his office as receiver. Mr. A. C. Harris and Mr. J. E. McDonald called on the mayor yesterday, and made a vigorous protest against the $60,000 bail bond required for Mr. Harrison, saying that it was excessive. The mayor, however, thought not, and
THE INDIANAPOLIS JOURNAL, THURSDAY, JULY 31, ISB4.
stood firm, refusing to abate the amount. They also visited the station-house and had a conference with Superintendent Lange, the arrest haying been made in his absence. They explained to the superintendent that the presence of the police officers within the residence of Mr. Harrison, who is in bed, under charge of a physician, was an irksome and unnecessary surveillance under the circumstances. The superintendent refused the request, being unable to see bow it could be granted consistent with duty. It is understood that Mr. Harrison’s attorneys will institute habeas corpus proceedings, for the purpose of bringing about a reduction of the bond. In an interview with a News reporter, yesterday, Mr. Harrison said that he deposited the funds that came into his hands as receiver of the Indiana Banking Company in Harrison's Bank, as any other depositor; that at first he divided the deposits, placing a part with the Fletchers, and afterward paid a dividend of $70,000. He did not think the Harrison Bank could go down: it had run so long he thought it would pull through, and sujji it would have pulled through had it not been for the run precipitated by the Fletcher & Sharpe failure. “I never dreamed.” said he, “of bad faith, or wrongful use of the funds, toward anybody; and there would have been no trouble or loss, but for the panic. I have more than secured my bondsmen now, according to Assessor Hadley's estimate of the value of my property turned over.” ALFRED HARRISON’S PROPERTY RE-MORTGAOED. Yesterday afternoon Alfred Harrison, the senior member of the late banking firm of A. & J. C. S. Harrison, made and filed with the county recorder the follow ing mortgage, which, it will be seen, repudiates a mortgage executed by him to Charles Mayer and others, July 18, 1884. The instrument reads as follows; This indenture witnesseth that I, Alfred Harrison, of Indianapolis, Indiana, mortgage and warrant to Adeline F. Hannaman, Desdemona Howland and Lydia B. Harrison, severally, as their interests may appear hereinafter, all of Indianapolis, Indiana, the following real estate in the city of Indianapolis, county of Marion, and State of Indiana, to-wit: All of lot number eight, and nine feet off of the south side of lot number seven, in square number six of Isaac Coe’s subdivision in said city? and otherwise known as the present residence of the mortgageor, on north Meridian street in said city, to secure the following described notes and a draft, the said notes all being executed by the United States Encaustic Tile Company, and the" draft drawn upon and accepted by said company, and all indorsed by the mortgageor herein, and all of said notes and draft are bearing interest at the rate of 7 per cent, per annum from date. One of said notes ts dated September 4, 1880, due in twelve months, amount $2,172, payable to the mortgageor and others; another dated April 14, 1880, amount SBOO, duo in one year from date, payable to the mortgageor; another note dated February 2, 1883, due six months after date, amount $2,450; another of date February 2, 1883, due in one year, amount SI,OO0 —the last two payable to the mortgageor and others; also,another of date March 31, 1884, amount $290.83, due in one year, and payable to mortgageor and others; also,a draft of Lyon on said tile company, and accepted bv said company, payable to mortgageor and J. 0. 8. Harrison, of date April 27, 1883—amount $742. All of the above described notes are indorsed by the payees thereof; also, the said draft indorsed by payees to Baid Adaline F. Hannamau, and are her sole property; also, the following described two notes, which are the property of said Desdemona Howland, to-wit: one dated July 6, 1880. due in one year, amount $2,000, payable to said Desdemona Howland and indorsed by mortgageor and others; also, one dated March 15, 1881, due in one year, amount $2,000, payable to the mortgageor and others and indorsed by payees to said Desdemona, who now owns the same in her own right. Also, the following notes held and owned in her own right by said Lydia B. Harrison to-wit: one dated May 18, 1880, due in twelvemonths, amount $5,000, payable to the mortgageor and others and indorsed by payees to said Lydia B. Harrison; also, one dated October 31, 1883, due in one year thereafter, amount $2,261, payable to the order of said Lydia B. Howland; also, one dated December 14,' 1883, due on demand, amount S4OO, payable to the order of mortgageor and J. C. S. Harrison and indorsed by payees to stud Lydia B. Harrison; each and all the above-described notes signed by the United States Encaustic Tile Company, and the said draft drawn upon said tile company and accepted by it, and all pf said obligations bearing interest at the rate of 7 per cent, per annum. The said mortgagees, each and all, by the acceptances of these said mortgages agree to, and they are hereby expressly authorized to contest the validity of a certain mortgage executed by myself to Charles Mayer and others, of date July 18, 1884, upon said premises, which said mortgage to said Mayer and others was and is without consideration to me, and which I now repudiate- And the said mor tgageor expressly agrees to pay the sums of money - above described, and each of them without relief* from valuation or appraisement laws of the State of Indiana. Witness my hand and seal, this 30th dayofJulv, 1884. Alfred Harrison." The witnesses to the above instrument are Janies G. Douglass and Ellen Douglass; the notary public Charles K. Wasson.
The Commissioners Consulting. The school commissioners met last night for the purpose of holding an informal caucus on the subject of the selection of a successor to Professor TarhelL There was a very full attendance and a free expression of preference. Anew phase was put on the question by the appearance, supplied with excellent recommendations, of Professor Hiram L. Peet, of Dubuque, lowa, who appeared upon invitation. On Tuesday Comissioners Carey and Prenzel went to Dayton to inquire more particularly into the character and qualifications of Professor Hancock. The latter returned yesterday and was present last night, but as Dr. Carey was still in Dayton no report was made. Professor Peet made a very excellent impression, and has one or two very warm friends in the board. New Prohibition Paper. The first number of anew paper will be issued in a short time, and all persons who want sample copies will send their names and names of other temperance people to the chairman of the committee, Dr. J. A. Houser, Indianapolis. Announcement is made that “this paper will be run solely in the interest of prohibition, and oppose the Democratic-annex Prohibition ticket Friends of prohibition from all parts of the State are asking for the paper; also subscribing for fifty and one hundred copies.” The City’s Expenditures. The city clerk makes an exhibit of the orders drawn on the city treasurer for the month of July, the total amount being $37,744.56. The chief items in the exhibit are on account of bridges, $1,551.61; City Hospital and branch, $1,019.05; City Hospital addition, $3,578.50; fire department, $5,419.63; gas, $5,447.50; police, $4,751.02; salaries, $5,561.25; street improvement, new, $2,709.27; street repairs, $4,130.97. Have your shirts made at Parker’s. Wanted. TRAVELING SALESMAN FOR WHITE LEAD. A good salesman, traveling in some other line in Indiana, to sell on percentage. Address, giving full name, with references, length of experience, age, etc., P. O. box 128, Pittsburg, Pa. Lundborg’s Perfume, Edenia. Lundborg’s Perfume, Marechal Niel Bose. Lundborg’s Perfume, Alpine Violet. Lundborg’s Perfume, Lily of the Valley. Lawn Mowers and loe dream Freezers, A few lawn movers left yet at reduced prices. Call and supply yourself with a rapid ice cream freezer, screen doors, and window screens, monitor iron-clad lamp stove, tin water sets, water coolers, ice crushers, Hardware, cutlery, Howe Beales, roller skates from 75c to $7. Hildebrand & Fugate. 35 South Meridian street DIED. _____ DeMOSS—July 29, at 5 o’clock p. m., at 361 West Vermont street, Leander DeMoss, aged fiftyfour years, seven months and seven days. Funeral will take place this (Thursday) afternoon at 2 o’clock. G E. KREGELO & WHITSETT, FUNERAL DIRECTORS AND EMBALMERS, No. 77 North Delaware Street Telephone connection at office and residence. Carriages for weddings and parties.
Cheap Sale OP DRY GOODS. W. 0r Cheap Sale Will Cooliaue Throagh This Week THIS WEEK, LINEN LAWNS VERY LOW PRICES! ffff-A better opportunity to buy DRY GOODS CHEAP has never been offered. A DICKSON 4 CO, TRADE PALACE.
WEDDING PRESENTS. ARTISTIC SILVER, In FANCY PIECES, and SPOONS, FORKS, POLISHED BRASS AND BRONZES. NEW AND DESIRABLE GOODS. AT BINGHAM & WALK’S, No. 12 East Washington Street. A LIMITED EXCURSION TO THE WONDER LAND of the WORLD, Leaving Indianapolis, August 12, Stopping one day each at St. Paul, Bismarck and “The Baa Lands,” will reach the Park on the 18th, affording an opportunity for the Grandest Sight-seeing, Hunting and Fishing m America. Stop-over Tickets, good to return until Oct. 1. Fare LESS than ONE-HALF the usual rates. Address E. S. ELDER, M. D. t Indianapolis. LUMBER. I H. ELDRIDGE & CO. Alabama Street, cor. Maryland. Mrs. Sherwood’s NEW BOOK, “Manners and Social Usages,” Price SI.OO BOWEN, STEWART & CO., No. 18 W. Washington St RIGGS HOUSE, WASHINGTON, D. C., Fifteenth and G Streets. First class and complete in all its appointment*; ts situated opposite the United States Treasury Buildings, and in the immediate neighborhood of the President’s Mansion, the State, War and Navy Departments. Street Cars to and from Depots. Capitol, and all Departments, pass the house every three minutes during the day. The honor of your patronage earnestly solicited. C. W. SPOFFORD, Proprietor. SLATE AND IRON MANTELS, FURNACES and STOVES. Adams A Westlake Oil and Gasoline Stoves, Refrigerators, Water Coolers, eto. McOUAT & WALKER. Nos. 61 and 63 W. Washington Street ANCHOR LINE. U. S. Mail Steamships Sail from New York every Saturday for Glasgow via Londonderry. Cabin passage, S6O to SBO. Second Class, $35. Steerage passage (to or from), sls. LIVERPOOL AND QUEENSTOWN SERVICE. From Pier No. 41 N. R., New York, CITY OF ROMS sails Aug. 9, Sept 6, Oct 4. AUSTRAL sails Aug. 23, Sept. 20. Superb accommodations for ail classes of passengers. Cabin passage S6O to SIOO, according to accommodations. Second Class. S4O; Steerage as above. For passage. Cabin Plans, Book of Rates, etc., apply to HENDERSON BROTHERS, New York, or FRENZEL BROTHERS, Meridian and Washington streets, Indi&uapolis*
ST. JOHN’S ACADEMY, Conducted by the Sisters of INDIANAPOLIS, IND. This new and elegant building is fitted up with all the modern improvements. It is spacious and complete in all its parts, affording ample accommodations for boarders and day scholars. The apartments devoted respectively to Music, Drawing and Painting are constructed with special regard to the end for which they are destined. Every attention is given to secure the advancement of the pupils in the various branches, and to train their hearts to the love of virtue. For further particulars, address SISTER SUPERIOR, St. John’s Academy, Indianapolis, Ind. JAMES KEILLER & SONS’ Dundee Preserves, Jams, Jellies and Orange Marmalade. Just the goods for plain, cool Breakfast and Tea, at the Stores of TT TT T TT 1 TT JrjL. JljL. Jj rj JL. CAMPAIGN BADGES!! CLEVELAND, HENDRICKS. BLAINE, LOGAN. isroTxoisr department. BYRAM, CORNELIUS & CO., Nos. 101, 103, 105 South Meridian Street. C. C. FOSTER LUMBER COMPANY. LUMBER, LATH AND SHINGLES. Large stock of all kinds of Lumber, Fence Posts, Pickets, etc. Our Planing Mill is enlarged, and we are prepared to do all kinds of Planing-mill work. Estimates furnished on application. C. C. FOSTER LUMBER CO., 181 W. First St. ENGINES 1 BOILERS. BIG BARGAINS TO REDUCE STOCK. We are giving SPECIAL PRICES on New or Secondhand Engines. Tile-mill and Saw-mill Engines a specialty. We carry New Tubular Boilers in stock tor immediate delivery. Call and see the best Traction Engines made. Heading Machinery. HADLEY, WRIGHT & CO., 113 to 125 South Tennessee Street, Indianapolis, Ind. Strictly Pure White Lead, 6 Cents per Pound, Jeffers’ Cash Paint Store, NO. 36 SOUTH PENNSYLVANIA STREET. JAMES 18. ROSS & CO., Wholesale Whisky Merchants, No. 184 S. Meridian Street, Indianapolis. n 1 nnn Indiana paper comfy, /\ K H K MANUFACTURERS. JL JLjL JL UA. Vi WM. o. DeVAY, President, No. 23 E. Maryland: Street EWThe paper upon which the JOURNAL Is printed is furnished by this company. CARPETS, STRAW MATTINGS, WALL PAPER, > Lace Curtains, Eto. A. L WRIGHT & CO., 47 and 49 South Meridian St.
HAZELTON AND GABLER PIANOS. New England, Packard Orchestral, Sterling ORGANS Wholesale and Retail. PEARSON'S^MUSIC HOUSE, 19 North Pennsylvania St. HOTELS AND SUMMER RESORTS. MAMMOTH CAVE, KY. America’s Greatest Natural Wonder. Temperature 56 degrees at the entrance. The coolest summer resort known. For cheap rates at hotel, address W. 0. COMSTOCK, liessee, Cave City, Ky. 11 SARATOGA OF HE WEST! Grand. Haven, Mich. One of the pleasantest Summer Resorts in the West; deliciously cool; fine boating and fishing; the only surf bathing in the West; beautiful drives; and the CUTLER HOUSE, than which there is no better Hotel in the State; first-class in every respect; rates recently reduced to suit the times. Adjoining the hotel are the celebrated Grand Haven Mineral Springs and Baths. For rates or other information, address H. T. BENNETT, H. D. IRISH, Indianapolis, Ind. Grand Haven, Mich. J. A. HOUSER, 1. D., The Doctor. Consultation rooms in Sentinel Building, corner of Circle and Meridian streets. Nice book on lung diseases sent free on application.
