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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Apr 11, 1901
Page
8
TEE ASSOCIATED MERCHANTS COMPANY a corporation under Connecticut law with a special charter. It has authorized capital of 20 million dollars, including 10 million First Preferred Cumulative 5 percent stock convertible into second preferred or common, 5 million Second Preferred Cumulative 6 percent stock, and 5 million in common stock.
Dividends payable quarterly at 5 percent interest on early payments. Subscriptions open to April 15 1901 with 35 percent due on acceptance and allotment and 65 percent due July 15 1901. Transfer receipts issued with final payment. Reference to Mr. John Claflin and J P Morgan & Co for details.
John Claflin outlines a plan through The Associated Merchants Company to raise 5 million dollars of First Preferred Cumulative stock at 5 percent for cash, convertable at holder option into Second Preferred or Common stock. He details transfers of Claflin holdings and Adams Dry Goods in New York, with subsidiary assets and stock issued accordingly. Public offering terms require 35 percent on acceptance and 65 percent by July 15 1901, with accrued interest credited.
Mollie McCallum, a dancer at the Nickelodeon on Hanover street, claimed Herbert G. Stone stole their engagement ring after a garnet fell out during repair. Stone, accused after appealing from the lower court, was acquitted by a jury.
Copper market buzzing over Standard Oil ties and a looming big copper consolidation. Amalgamated, Centennial-Eureka, United States Mining, and Utah Consolidated advance while New York and Boston firms push prices high. Planters Compress balance sheet shows assets near ten million, trustees discuss redemption and potential stock issuance.
Wichita Kansas notice offers stock sales and securities in a compact advertisement by G H Homer promoting purchases of moles and related investments in Kansas stock.
The Albracca Oil Company has acquired twenty acres in Kern River District near the Southern Pacific R R and has an option on 590 additional acres in Sunset district. Founder L H Bartlett joins as director. stock previously valued at 15c now 1.50. Company capitalizes at 3.9 million dollars and promises solid oil yields with no failures on Kern properties. Investors urged to contact for treasury shares at the initial price.
Promises 15 cents per share non assessable stock with no individual liability. Urges investigation for shrewd investors. Subscriptions received for not less than 100 shares. Checks and drafts payable to the order of the issuer.
Halifax reports the sealing steamer Hope of Newfoundland wrecked on Brion Rock in the Gulf of St Lawrence. One crew of five were marooned for five days with scant food, after ice floes drove the vessel onto the rock on March 31. Panther sighted the wreck and Captain Bartlett was rescued to Grosse Ile, then Greenland sailed from St John to rescue the crew.
The article notes plans to build two very large steamers at New London for the Great Northern Steamship Company to ply Seattle to the Orient, adding to the nation’s claim of owning the largest vessels. It also mentions other fleet movements, dockyard repairs, and vessels like the five and six masted schooners in service, with various ships entering or leaving port and crews reporting gales and damage.
Multiple 1898 to 1899 civil actions in Suffolk Superior Court include wrongful death suits for four fatalities on Whitfield Street Boston with $600 verdicts, personal injury damages for a bicycle incident, contract actions for goods and wages, and a merchandise sale suit. Attorneys listed per case.
The Trade Club held its annual meeting at 11 Bedford Street where officers were nominated. President is William L. Terhune and secretary treasurer is KE Db. Directors include William F. Brownell, W F Kimball, A C Tassel, Ephraim Stearns and M de Club. The club formed about fifteen years ago and now has 25 members.
The fourth annual Jackson Club ball in Ward 17 Roxbury drew over 700 Democrats to Orienta Hall. President Timothy E. McCarthy led floor activities with Representative John J Mansfield and ex Representative George H Norton assisting. Councilman J M Curley and Miss Gertrude L led the grand match.
Crowley leads a crowd including John E Cronin and Miss Mary Cronin with about forty couples. Notables present include EF Naphen Joseph A Conry J H Doyle J A Sullivan J E Mahoney John F Dever J Kelcher James Donovan J H Queeney P H Bradley H S Fitzgerald Brennan Norton Murphy and many others from politics and society.
Three hundred guests attended a Highland Commandery Easter party at Lincoln Hall hosted by United Order Golden Cross. A prize cake walk featured six couples with Ana Chadwick and Phil Cowan winning over Catherine Hardy and James Boyle. the Ingalls children performed and J B Jenkins sang. Grand march led by William E. Prescott and Mrs Jennette H. Seargent.
The Jamaica Plain Council Knights of Columbus held its sixth annual dinner at the Copley Square Hotel with 125 members. Grand Knight Walter A. White spoke, followed by Supreme Knight Edward L. Hearn and Father Supple. Other events included dinners and meetings of the New England Hardware Dealers Association, New England Foundrymen’s Association, and the Massachusetts Street Railway Club with various speakers and attendees.
Gray, a popular South Boston merchant, was surprised by about 100 friends led by Charles Leary in Gould's Hall. An oak hall clock was presented in a speech marking Gray's business anniversary, with attendees including Dr. William J. Gallivan and many others.
Hartford April 10 Mrs Helen Po Hall of New York filed suit for a share of George F Gilman estate alleging she is his adopted daughter and seeks injunction against Bridgeport Trust Co as administrator and against George W Smith as receiver The complaint estimates the estate at over 1 5 million and cites a tea business partnership with George H Hartford claiming she fulfilled an agreement to receive full property upon Gilman s death and naming 17 counts seeking assets and control of Great America Tea Co.
Tom Couhig of Dunkirk defeated Eddie Connolly of New Brunswick in the eleventh round before the Monaro Athletic Club. Connolly, a three to one favorite, was knocked down and stopped after a late barrage. Weighing 138 pounds, both fighters weighed in at that limit.
The London Club of Ancient and Honorable Artillery Company members and guests held its annual lad night at the Lenox Hotel. Seventy five dined as Dr. Upham opened postprandial remarks. Toasts honored The President and The Ladies, with praise for women and Anglo-Saxon unity. Colonel Bradley showed an American flag and Captain Folsom spoke for the A H A Company of London. Reverend Roblin paid tribute to Queen Victoria and urged caution about imperial expansion.
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