Turbulent East Indian firm fails amid widespread distress
A major East Indian mercantile firm led by J. W. Rankin in London collapses for 300000 dollars. The failure signals likely ripple effects in Asiatic trade as war disruptions cripple ocean freights. In New York, chatter swirls about Metropolitan Bank’s possible liquidation, while creditors of various manufacturers from Rochester to Boston report asset and liability totals amid insolvencies and court actions.
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Collision suit over schooner Pardee near Cape Cod
Washington E. Robbins sues the schooner Pardee for 5000 dollars alleging fault in a collision at Peaked Hill bars Cape Cod on October 8 1854. Pardee owners file a cross libel claiming Wellington was in fault. hearing unfinished. John C. Dodge & Son and John Lathrop represent the parties.
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Washington E. Robbins
Annie J. Pardee
Mary B. Wellington
New York
Peaked Hill Bars
Cape Cod
Pardee
Wellington
John C. Dodge & Son
The
John Lathrop
Malden and Cambridge residents found guilty in varied offenses
Michael Fisher and Morgant Norton of Malden guilty of adultery with Fisher jailed 14 months, Norton sentence delayed. Michael P. Foley of Cambridge convicted of assault with an axe on his wife and sentenced to three years. Charles L. Adams of Cambridge pled guilty to breaking and entering a Harvard student’s room and sent to state prison for three years. Edward Shedd of Charlestown guilty of attempted break and enter, not sentenced. James Buckly of Somerville convicted of larceny, not sentenced, transported to New York after selling a team. Winfields Bumpus of Malden pleaded guilty to larceny from his father, not sentenced.
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Michael Fisher
Morgant Norton
Malden
Fisher
House of Correction
Norton
Michael P. Foley
Cambridge
Charles L. Adams
Harvard
State
Concord
Edward Shedd
Edward MccSweeny
Charlestown
Sylvester K. Abbott
James Buckly
Somerville
Bueckly
Carter
Maguire
New York
Winfields Bumpus
Drunkenness and Break-Ins Highlight City Court Session
Judge Parmenter disposed of 32 simple drunks. Annie Lynch received six months on the island for a third drunkenness conviction and two more months for shop glass breaking. Bernard Masterson faces superior court on breaking and entering. bond set under $100. Walsh and Stack held at $1000 each for alleged theft from Robert McGowan. John Reardon’s breaking and entering case sent to the superior court with $600 hold.
MENTIONED IN THIS ARTICLE
Parmenter
Annie Lynch
John H. Johnson
Bernard Masterson
William H. Richardson
Michael J. Walsh
Joseph Stack
Howard
Division 3
Robert McGowan
Charlestown
John Reardon
Superiorecourt
Railroad Earnings and Local Line Reports
The annual accounts show surplus earnings for various lines, including a 4 percent dividend on $92,619,750 and a November balance of 2.98 percent on $4,472,145. Worcester and Shrewsbury Railroad reports total assets of $64,881.87 with net income of $530.35 and a surplus of $2,254.35 for the year. Chicago and Alton earnings are listed among railroad reports.
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