Provident Sale Fight Hinges On Inter Southern Bid
Provdent policyholders across the United States and Canada oppose a Louisville driven effort to buy the controlling stock of Provident Savings Life Assurance Society. Inter Southern Life Insurance promoters reportedly posted collateral to seal the deal after an option expired, while Provident directors postponed officer elections awaiting final developments. Policyholders vow to act to protect contracts and prevent asset looting, with Denver leaders and national figures joining the resistance as examinations and legal moves unfold.
MENTIONED IN THIS ARTICLE
Provident Savings Life Assurance Society
Inter-Southern Life Insurance Company
Provident
United States
Canada
Provident Istock
Louisville
Inter-Southern
Fourth National Bank
the Provident
Philadelphia
Royal Victor
Sullivan & Cromwell
Timothy L. Woodruff
Adirondack
Woodruff
Herbert Wolfe
Colorado
New York
Provident Savings
Denver
State of
Rittenhouse
Wroto
Kelsey
Kentucky
Inter-Southern Life
Floyd Day
The
N. B. Hadley
New York Insurance Department
Linking Manhattan and Long Island Bridge Begins Work
The Glyndon Construction Company started tying the Manhattan Bridge wires with four small steel threads across from Manhattan to Brooklyn. Engineer David E. Baxter leads the effort, as guide and trolley wires are set, to complete four cables in about six months barring weather delays.
MENTIONED IN THIS ARTICLE
Manhattan
Long Island
Manhattan Bridge
Glyndon Construction Company
David E. Baxter
Brooklyn
Williamsburg
Brooklyn Bridge
Baxter
Colored candy kills Brooklyn child after prize package
Six year old Boyle of 634 Franklin venue Brooklyn ate colored candy on Saturday and died Sunday afternoon from no poisoning. Coroner Brewer and health authorities will conduct a thorough inquiry into the incident as town officials review the prize package.
MENTIONED IN THIS ARTICLE
Boyle
Franklin Venue
Brooklyn
Transfer Case Today on Joint Belt Line Metro Transfer
The Public Service Commission plans a hearing today on a proposed joint rate and transfer agreement between the Belt Line and Metropolitan system. Receivers Joline and Robinson may be absent. if Belt Line representatives do not oppose a transfer order, the commission could order a joint rate and have the companies draft schedules.
MENTIONED IN THIS ARTICLE
Public Service Commission
Eustis
Belt Line
Metropolitan
Messrs. Joline
Robinson
Lkely
Commission
Maltbie
Willcox
McCarroll
Harlem River
The
Battery
116Th Street
34Th Street
59Th Street
34Th
116Th Streets
Reducing Car Noises From Whitridge Report On City Lines
Frederick W. Whitridge, receiver of the Third Avenue Railroad, forwards an engineer’s report detailing extensive repairs and renewals aimed at cutting streetcar noise. Upgrades include the lower Third Avenue line from 107th to Fort George, Amsterdam Avenue segments, crossovers, new Y tracks, and Broadway line rail work, with material ordered and crews already at work. Brooklyn Rapid Transit’s J. F. Calderwood commits to staff guidance, inspections, and operating changes to minimize noise, including rail renewal around Fulton and Monmon streets and the subway’s impact, with three weeks projected for full layout renewal and further rail replacements on elevated and surface lines.
MENTIONED IN THIS ARTICLE
Frederick W. Whitridge
Third Avenue Railroad Company
Willcox
Public Service Commission
137Th Street
Fort George
Third Avenue
42D Street
125Th Street
Second Avenue
Th Street
Lexington and
Lenox Avenues
Eighth Avenue
Seventh Avenue
Park Row
Pearl Street
34Th Street
65Th Street
Broadway
Manhattan Street
Amsterdam Avenue
129Th Street
107Th Street
Calderwood
Fulton and
Joralemon Streets
Receivers take charge of Pillsbury-Washburn Mills properties
Minneapolis August 10 receivers appointed last Saturday by the federal court assumed control today under a 500000 bond. Pillsbury A mill shut down last week and will resume grinding tomorrow evening. Henry C Little resigns as manager. board of Minneapolis managers named. Ancillary receivers named in Milwaukee Chicago Cincinnati Philadelphia and New York. London meeting with British directors discussed the mills’ finances.
MENTIONED IN THIS ARTICLE
Minneapolis
Pillsbury-Washburn Flour Mills Company, Limited
Pillsbury
Henry C. Little
Henry Little
C. F. Amsden
W. D. Washburn
William de la Barre
A. F. Pillsbury
Pillsbury-Washburn Flour Mills Company
New Jersey Corporation
Minneapolis Mill Company
St. Anthony Falls Company
Milwaukee
Chicago
Cincinnati
Philadelphia
New York
Pillsbury-Washburn
Ward
United States Circuit Court
Albert C. Loring
Charles 3. Pillsbury
Albert C. Cobb
Henry A. Robinson
Messrs. Loring
Pillsbury and
Texas rate complaint targets 67 railroads over alleged price conspiracy
The Texas Railroad Commission filed a formal complaint with the Interstate Commerce Commission alleging a conspiracy via the Southwestern Traffic Association to suppress competition and raise freight rates on Texas routes. Eight schedules are cited as the basis, with potential $2.653 million Texas impact. Senator Culberson assisted in framing.
MENTIONED IN THIS ARTICLE
Washington
Railroad Commission of Texas
Interstate Commerce Commission
Southwestern Traffic Association
Texas
Allison Mayfield
Texas Railroad Commission
R. V. Davidson
Claude Pollard
Culberson
Texas State Railroad Commissioners
Mayfield
Pollard
Hall Divorce Suit Opens as Hall Faces Extradition
Mrs. Florence Teal Hall sues Mandeville de Marigny Hall for divorce and will seek publication service in Supreme Court. If he evades London arrest, extradition to Paris for bad checks and unpaid bills is planned. Miss Vida Whitmore’s lawyers plan bigamy and grand larceny charges, both extraditable.
MENTIONED IN THIS ARTICLE
Florence Teal Hall
Mandeville de Marigny Hall
London
Alfred J. Talley
Broadstreet
Hall
Supreme Court
Paris
Vida Whitmore
Jersey City
No Conference Sways Freight Rate Talks Says Brown
Chicago dispatch reports W C Brown senior vice president at New York Central says railroads have not considered any general or horizontal freight rate increase. He notes a possible selective rise may be needed but stresses no conference with the Illinois Manufacturers' Association is required at present.
MENTIONED IN THIS ARTICLE
Chicago
Frederick W. Upham
Ilinois Manufacturers’ Association
W. C. Brown
New York Central Lines
Brown
Mr. Brown
Illinois Manufacturers’ Association
Claims Sought From McIntyre Co Creditors Meeting
Creditors of the defunct T. A. McIntyre & Co. met at Peter B. Olney’s office to authorize sending an attorney to pursue claims totaling 52 000 and 76 000 against responsible parties. Ella B. Steers, of Chicago, alleged losses from Rock Island stock placed with the firm. A seat in the New York Cotton Exchange was released to R. B. Flynn for 5 81266 to cover debt to the firm. Indictments against the late Thomas A. McIntyre for grand larceny remain on file after his Baltimore death. a request to dismiss was made by J. H. McCrahon.
MENTIONED IN THIS ARTICLE
T. A. McIntyre & Co
Peter B. Olney
Cobb
Olney
Ella B. Steers
Chicago
McIntyre
R. B. Flynn
Flynn
Abercrombie & Bros
J. H. McCrahon
Thomas A. McIntyre
Crain
Court of General
Replacing Brooklyn Tracks at Borough Hall
The Brooklyn Rapid Transit Company completed a major track replacement in front of Borough Hall Brooklyn. The project involved the most complex surface car switches and curves, handling about 450 cars per hour during rush. A 250‑man crew started at 7 PM Friday and, after three nights of work, handed the job to the operating department at 6 AM yesterday. Rails are manganese steel set in solid concrete and expected to last five years.
MENTIONED IN THIS ARTICLE
Brooklyn Rapid Transit Company
Borough Hall
Brooklyn
Corpse Debt Trick Foiled In Bedclothes Ruse
Acting Captain McCormack and Detective Conlin entered a furnished room at 314 Pear Street to investigate a reported death. They found no body, only a clever display of pillows and clothing staged as a corpse, revealing the lodger had left without paying for a week. The landlady, Mrs. Mary Logan, recalled the unpaid rent.
MENTIONED IN THIS ARTICLE
McCormack
Walter Conlin
Adams Street
Brooklyn
Pear Street
Mary A. Logan
Canadian Pacific declares extra common dividend and annual results
Directors declare a 3 percent dividend on common stock and 2 percent on preferred for the half year ending June 30. An additional 0.5 percent on common stock will be paid from land sale proceeds. Fiscal year gross earnings reach 71.38 million with net income of 24.45 million and a year-end surplus of 5.58 million carried forward.
MENTIONED IN THIS ARTICLE
Montreal
Canadian Pacific Railway Company
Pension Fund
Sharkey Says How Easy He Is In Lending Swindle
Thomas J. Sharkey testified in the Tombs court against Joseph Casey charged with swindling him of 70 dollars in February. Sharkey described a man who feigned work with the Thaw case and asked for a loan, then vanished after promising a check. The cashier James Walsh identified Casey as the man who received 20 dollars. Magistrate Kernochan considered it a loan, but Police official Hanan urged proof of larceny, with the court adjourning to today.
MENTIONED IN THIS ARTICLE
Thomas J. Sharkey
Joseph Casey
Kernochan
Tombs
Sharkey
Casey
Gilchrist
James Walsh
Hanan
Headquarters
Legal T Bureau
Morgan Offer for Erie Bonds
J P Morgan and Co announced readiness to buy at par in cash all coupons due September 1 for multiple Erie Railway securities through August 31. The move follows a June plan to fund coupons to free current earnings for improvements. Morgan has already purchased July and August coupons on certain Erie bonds and will extend similar purchases as bonds mature.
MENTIONED IN THIS ARTICLE
J. P. Morgan & Co
Erie Railway Company
New York & Erie Railroad Company
New York, Lake Erie & Western
New York, Pennsylvania & Ohio Railroad
Erie Railroad Company
Erie
Erie Railroad- Pennsylvania
The
Dr Bensel Threatened Amid Dog Crusade Letters
Sanitary chief Dr Walter Bensel continues his crusade against dogs off leash or muzzled. He has received a threatening letter signed Millionaire and read Western Woman warning of buckshot. Other messages are supportive. the campaign proceeds undisturbed.
MENTIONED IN THIS ARTICLE
Walter Bensel
Bensel
Dr. Bensel
Health Department reports weekly death rate and reductions
The Health Department notes a week ending Saturday death rate of 16.74 versus 22.22 last year, with total deaths at 1,419 compared with 1.85 last year. Contagious disease deaths fell, diarrhoeal deaths in children under five dropped from 486 to 228, and tenement house deaths declined from 953 to 663.
MENTIONED IN THIS ARTICLE
Health Department
Logan Construction Company Files Bankruptcy Petition
Thirlicothe Aug 10 Logan Construction Company manufacturers of automobiles filed a bankruptcy petition here today. Assets 69000 Unliabilities 120000.
MENTIONED IN THIS ARTICLE
Thirlicothe
Chico
Logan Construction Company
Refrigerated Rooms Aboard Cartago Offer Ice Calm Passengers
The United Fruit steamship Cartago with cold air radiators for 91 passengers lets travelers set temperatures from 65 down to 32 degrees. The ship, part of 6000-ton vessels Cartago Parismina and Heredia, sails Colon from New Orleans to preserve fruit quality and provide chilled cabins.
MENTIONED IN THIS ARTICLE
New York
Tropics
Cartago
United Fruit Company
Colon
New Orleans
Paristmina
Heredia
Caribbean
New Indiana Lighting Co". Articles filed in Indianapolis
Articles of association of the Indiana Lighting Company were filed today with a capital stock of 4500000 dollars. Directors listed include Franklin IL Babcock Anthony N Brady Charles F Dietrich Frank S Hastings James P Lee Samuel T Murdock Henry C Paul Albert Tay and James N Wallace. The firm is authorized to supply light heat and power to numerous Indiana towns and to several Ohio towns including Lima Wapakoneta Celina St Marys Greenville Fort Recovery North Mercer and Coldwater, with further villages and towns nearby.
MENTIONED IN THIS ARTICLE
Indianapolis
Indiana Lighting Company
Franklin IL. Babcock
Anthony N. Brady
Charles F. Dietrich
Frank S. Hastings
James P. Lee
Samuel T. Murdock
Henry C. Paul
Albert Tay
James N. Wallace
Fort Wayne
Bluffton
Montpelier
Anderson
Lafayette
West Lafayette
Logansport
Peru
Morphine Death of Doctor in Tarrytown
Dr John Harvey Robinson a physician of Tarrytown died at his home early yesterday from convulsions caused by an overdose of morphine and strychnine. Coroner A Squire investigated after returning from a Sunday night call and noted the morphine had been taken to induce sleep.
MENTIONED IN THIS ARTICLE
John Harvey Robinson
Tarrytown
Borden
A. ©. Squire
Copper Suit Dropped in New Jersey Chancery
Chancellor Pitney dismisses Albert S. Bigelow's suit against Old Dominion Copper Mining and Smelting Company. The decision dissolves the injunction and cites Massachusetts courts as proper forum for prior actions and Bigelow's laches and waiver.
MENTIONED IN THIS ARTICLE
Trenton
N. J
Aus
Chancellor Pitney
Court of Chancery
Alberts. Bigelow
Boston
Old Dominion Copper Mining and Smelting Company
Bigelow
New Jersey
Massachusetts
Laches
Morse Still Pressing Plan To Liquidate North America Assets
Charles W Morse remains determined after the Controller of the Currency vetoed the Assets Realization Company plan to pay depositors and take over the National Bank of North America assets. Morse plans to adjust the offer to fit federal law, while the Assets Realization Company, having bought $1,012,550 in receiver's certificates, stands to recover full investment plus 6 percent interest, yielding a potential 12 percent profit if the bank is wound up within six months. Charles A Hanna, the federal receiver, expects funds to cover deposits with interest. he gave no comment on Morse's remarks.
MENTIONED IN THIS ARTICLE
Charles W. Morse
Assets Realization Company
National Bank of North America
Morse
Charles A. Hanna
Hanna
National Bank
Mexican Central notes seek extension as merger looms
Bankers in a syndicate that underwrote 3 000 000 of 5 percent refunding notes and about six million in bonds of the Mexican Central Railway seek an extension to year end. The plan would keep the syndicate intact while releasing unsold notes pro rata on September 1. Extension relates to 6 000 000 of 4 percent bonds, with about half sold. Notes mature in 1910 to cover 29 000 000 in bonds and notes due 197 and 19%. The Mexican Central Railway has merged with National Railroad of Mexico into National Railways of Mexico.
MENTIONED IN THIS ARTICLE
Mexican Central Railway Company
National Railroad of Mexico
National Railways of Mexico
Bank cashiers alleged embezzlement triggers sale of securities
Robert Lyons, receiver of Allegheny National Bank, seeks authority to sell collateral stocks after alleging $567,421 of loans were issued on fictitious applications directed by cashier William Montgomery. The petition accuses Montgomery of misappropriating funds to buy securities placed in the bank, with the court already authorizing sale of over $600,000 in Western mining stocks.
MENTIONED IN THIS ARTICLE
Pittsburg
Robert Lyons
Allegheny National Bank
Common Pleas Court
William Montgomery
Montgomery
New Orleans Cotton Mill Strike Paralyzes Lane Muggins Mills
In New Orleans on August 10 a large group of Lane Muggins Cotton Mills operatives walked out, leaving only a small force. The mill had recently announced either layoffs or wage cuts effective today, and it is understood most workers accepted the reduction.
MENTIONED IN THIS ARTICLE
New Orleans
Lane-Muggins
Also Mentioned on This Page
Promoter
Albert Fraser
R. P.taylor
General Construction Company
William S. Opdyke
J. Romaine Brown
KR. H. Adams
American Lincee Oil Company
Douglas Mackintosh
Mr. Wolfe
W. W. Booth
Colorado Policyholders’ Committee
Wolfe
Guggenheim
Brooks
W. F. R. Mills
Denver Chamber of Commerce
John F. Vivien
Republican State Committee
California
New Manhattan Bridge
P. S.C
F. W. Whitridge
W. R. Willcox
J. F. Calderwood
Pillsbury-Washburn Flour Mills
Bethea
Frank H. Jones
Millers’ Products Company
Commerce Commission
New York Central
Shippers’ Association
Mintyre
Brooklyn Rapid Transit
C. P
Morgan
BIG Electric CO
Pitney
A. S. Bigelow
North America Bank
New-York
Tribune
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