Provident Sale Battle Drives Policyholder Protest
The Inter Southern Life Insurance Company eyes control of Provident Savings Life Assurance Society as policyholders across the country organize against the potential sale. Directors delay officers and await developments while Louisville promoters and banks handle a $253,775 collateral bid. Policyholders from Colorado to Canada pledge legal action to block looting of funds and demand representation on the Provident board.
MENTIONED IN THIS ARTICLE
Provident Savings Life Assurance Society
Inter-Southern Life Insurance Company
Provident
United States
Canada
Louisville
Inter-Southern
Fourth National Bank
the Provident
Philadelphia
Timothy L. Woodruff
Adirondack
Woodruff
S. Herbert Wolfe
Colorado
New York
Provident Savings
Afteen
Denver
State of
Rittenhouse
Kelsey
Kentucky Department
Inter-Southern Life
Work Begins Linking Manhattan and Long Island via Manhattan Bridge
The Glyndon Construction Company started tethering the first trolley wires for the massive Manhattan Bridge project. Engineers led by David E. Baxter prepared guide and permanent wires, estimating four to six months to complete cable deployment before removing the temporary wooden passageway.
MENTIONED IN THIS ARTICLE
Manhattan
Long Island
Manhattan Bridge
Glyndon Construction Company
David E. Baxter
Brooklyn
Man
Williamsburg
Brooklyn Bridge
Baxter
Colored Candy Kills Brooklyn Child at Home
A six year old boy Boyle of 634 Franklin avenue Brooklyn died yesterday afternoon after eating colored candy prize package. He became ill soon after the consumption and the coroner Brewer and health authorities will conduct a thorough inquiry into the case.
MENTIONED IN THIS ARTICLE
Boyle
Franklinvenue
Brooklyn
Transfer Case Before Public Service Commission Hearing
The Public Service Commission holds today a hearing on a joint rate and transfer agreement between Belt Line and the Metropolitan system for transfers at 59th Street. Receivers Joline and Robinson may not attend, with Maltbie unavailable, but a quorum exists. The case hinges on how the 5 cent fare is divided between the two systems and whether the commission will issue a transfer order or require agreed joint rates.
MENTIONED IN THIS ARTICLE
Public Service Commission
Eustis
Belt Line
Metropolitan
Messrs. Joline
Robinson
Commission
Maltbie
Willcox
McCarroll
Harlem River
Battery
116Th Street
34Th Street
59Th Street
155Th Street
34Th and
116Th Streets
Reducing car noises in New York street railways
Frederick W. Whitridge reports progress by the Third Avenue Railroad in cutting street car noise. Repairs and rebuilds along the Third Avenue line, Amsterdam Avenue, and Broadway are underway or planned, including new crossovers and two new Y tracks. J F Calderwood pledges cooperation with the Public Service Commission and outlines inspections and operator training to minimize noise, with surface and elevated line work to replace rails and improve curves.
MENTIONED IN THIS ARTICLE
Frederick W. Whitridge
Third Avenue Railroad Company
Willcox
Public Service Commission
Whitridge
Third Avenue
Postoffice Loop
Grand Street
Amsterdam Avenue
13Th Street
Fort George
42D Street
125Th Street
Second Avenue
12Th Street
Lexington and
Lenox Avenues
Eighth Avenue
Seventh Avenue
Park Row
Pearl Street
Atth
10Th Street
Broadway
Pillsbury-Washburn Flour Mills in Receivership Expanded
Receivers appointed by the federal court take charge of Pillsbury-Washburn Flour Mills properties with a $500000 bond. Pillsbury A mill resumes grinding tomorrow evening as management reshapes assets and liabilities while ancillary receivers are named in Milwaukee Chicago Cincinnati Philadelphia and New York.
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
Bethea
Frank H. Jones
Millers’ Products Company
Pillsbury-Washburn
Ward
United States Circuit Court
Albert C. Loring
Charles 3. Pillsbury
Albert C. Cobb
Henry A. Robinson
Messrs. Loring
Pillsbury and
Texas railroads face I C C complaint over rate rise
Washington reports the Texas Railroad Commission filed a formal complaint with the Interstate Commerce Commission against sixty seven railroads and other carriers alleging a conspiracy through the Southwestern Traffic Association to suppress competition and justify freight rate increases in Texas. The action seeks to compare costs and indebtedness with the raised rates, cites eight schedules as basis, and warns of impact on shippers and consumers with Texas alone facing a $2 653 000 burden. Senator Culberson aided in framing the filing.
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
Commission
Culberson
Texas State Railroad Commissioners
Mayfield
Pollard
Hall Divorce Suit Targets Mandeville Hall in London
Mrs Florence Teal Hall files divorce suit against Mandeville de Marigny Hall. Alfred J Talley seeks publication service in Supreme Court. If Hall remains in London he may be extradited to Paris over bad checks and unpaid bills. Prosecutions for bigamy and grand larceny may follow, 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 needed on freight rates says Brown
Chicago reports Frederick W. Upham of the Illinois Manufacturers will publish a letter from W. C. Brown of the New York Central stating there is no present need for a conference between railroads and manufacturers on freight rates. Brown says no general increase has been decided and the question of a reasonable, selective rise remains unsettled.
MENTIONED IN THIS ARTICLE
Chicago
Frederick W. Upham
Illinois Manufacturers’ Association
W. C. Brown
New York Central Lines
Mr. Brown
Brown
Claims Sought in McIntyre Bankruptcy Probe
Creditors of the bankrupt brokerage T A McIntyre and Co met at Peter B Olney’s office to authorize sending a South attorney to pursue claims totaling 2000 and 76000 against responsible parties. Ella B Steers of Chicago seeks relief after investing sixty Rock Island shares she never received proceeds for. An assignment of a seat in the New York Cotton Exchange to R B Flynn was released for 581.266 to cover debts to the McIntyre trustees. Indictments against the late T A McIntyre for grand larceny were to be dismissed, per Judge Crain, 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 Sessions
Baltimore
Foster
Replacing Tracks At Borough Hall In Brooklyn
The Brooklyn Rapid Transit Company completed a major track replacement in front of Borough Hall. The project involved the most complex surface car switches and curves, handling about four hundred fifty cars per hour during rush periods. A crew of two hundred fifty workers operated from Friday night into Sunday morning, using manganese steel rails set in concrete, with expected five year longevity.
MENTIONED IN THIS ARTICLE
Brooklyn Rapid Transit Company
Borough Hall
Brooklyn
Ironic Hoax Crowds Brooklyn Lodger Death Claim
Acting Captain McCormack and Detective Conlon arrived at 314 Pearl Street in Brooklyn after Mrs. Logan reported a death. The room held no body, only pillows and clothes arranged to mimic a corpse. The landlady recalled the lodger owed $6 and could not provide his current address.
MENTIONED IN THIS ARTICLE
McCormack
Walter Conlon
Adams Street
Brooklyn
Pearl Street
Mary A. Logan
Sharkey Recalls Easy Money Swindle Case
Thomas J. Sharkey testified at the Tombs before Magistrate Kernochan about a February swindle by Joseph Casey who posed as a loyal aide to under sheriff Gilchrist. Sharkey advanced $70 after a staged scene and cash was later unaccounted. Police later indicated larceny, prompting a temporary hold on Casey’s discharge.
MENTIONED IN THIS ARTICLE
Thomas J. Sharkey
Joseph Casey
Kernochan
Tombs
Sharkey
Casey
Foley
Gilchrist
James Walsh
Hanan
Legallrureau
Canadian Pacific declares mixed dividends on preferred and common stock
Directors announce a 2 percent dividend on preferred shares and 3 percent on common shares for the half year ended June 30, plus an extra 0.5 percent on common stock from land sale proceeds. For the year ended June 30, gross earnings reach 71,384,173 with net income 24,446,999 and a year-end surplus of 5,579,715 carried forward.
MENTIONED IN THIS ARTICLE
Montreal
Canadian Pacific Railway Company
Pension Fund
Morgan Offers to Buy Erie Bond Coupons at Par
J P Morgan and Company stated it can purchase at par in cash all coupons due September 1 for Erie Railway Company bonds and subsidiaries up to August 21. The move follows Erie’s June funding plan to fund coupons for several years to free current earnings for improvements.
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
The
Erie
Threatening letter to leash crusade superintendent
Dr. Walter Bensel, sanitary superintendent, continues his campaign against dogs on leashes or muzzles despite receiving letters. One recent threat signed Millionaire in his coat pocket warns of a violent death, while other letters praise his crusade. The latest threat has not unsettled him and the campaign proceeds.
MENTIONED IN THIS ARTICLE
Walter Bensel
Health Department Reports Weekly Death Rates and Shifts
The Health Department notes the week ended Saturday saw a death rate of 16.74 compared to 22.22 a year earlier with 1,419 total deaths versus 1,825 last year. Diarrhoeal disease deaths in children under five fell from 486 to 328, while tenement house deaths rose from 93 to 603.
MENTIONED IN THIS ARTICLE
Health Department
Logan Construction Co declares bankruptcy in Chillicothe
The Logan Construction Company of Chillicothe Ohio filed for bankruptcy today with assets listed at 63 000 and liabilities at 120 000.
MENTIONED IN THIS ARTICLE
Chillicothe
Ohio
Logan Construction Company
Refrigerated Passengers On Cartago Ship With Cold Rooms
The United Fruit Company’s Cartago steamship, en route from New Orleans to Colon, features refrigerating plants and cold air radiators in staterooms for 91 passengers. Dial controls allow 6 to 50 degrees and below freezing, with rooms sold for passenger use only. hot drinks may chill into a refreshing highball, a novelty in Caribbean travel.
MENTIONED IN THIS ARTICLE
New York
Tropics
Cartago
United Fruit Company
Colon
New Orleans
Parisitmina
Heredia
Caribbean
Indiana Lighting Company Forms Big Electric Trust
Articles of association filed in Indianapolis show Indiana Lighting Company with capital stock of 4.5 million dollars. Directors include Franklin L. Babcock Anthony N. Brady Charles F. Dietrica Frank S. Hastings James F.P. Lee Samuel T. Murdock Henry C. Paul Albert Tay and James N. Wallace. The firm will supply light heat and power to numerous Indiana and Ohio cities and nearby towns.
MENTIONED IN THIS ARTICLE
Indianapolis
Indiana Lighting Company
Franklin L. Babcock
Anthony N. Brady
Charles F. Dietrica
Frank S. Hastings
James FP. Lee
Samuel T. Murdock
Henry C. Paul
Albert Tay
James N. Wallace
Fort Wayne
Bluffton
Montpelier
Anderson
Lafayette
West Lafayette
Logan
Morphine Overdose Kills Doctor in Tarrytown
Dr John Harvey Robinson of Tarrytown died at his home from convulsions after an overdose of morphine and strychnine. Coroner A C Squire investigated after Dr Borden's illness and after his return from a late call Sunday night.
MENTIONED IN THIS ARTICLE
John Harvey Robinson
Tarrytown
Borden
A. C. Squire
Copper Suit Dropped By New Jersey Chancery
Chancellor Pitney dismissed Albert Bigelow's suit against Old Dominion Copper Mining and Smelting Co from Boston. The case sought to block Massachusetts proceedings and enforce prior judgments. The opinion cites proper jurisdiction in Massachusetts and laches and waiver by the complainant.
MENTIONED IN THIS ARTICLE
Trenton
N. J
Aus
Chancellor Pitney
Court of Chancery
Albert 5. Bigelow
Boston
Old Dominion Copper Mining and Smelting Company
Bigelow
New Jersey
Massachusetts
Laches
Morse Still Presses Plan to Take Over Bank Assets
Charles W Morse remains bent on acquiring the assets of the suspended National Bank of North America through the Assets Realization Company. He contemplates tailoring a plan to fit federal banking law while the Controller of the Currency weighs the revised proposal. The firm holds receiver certificates totaling about 1.01 million dollars, paid roughly 500,000 dollars, and aims to repay depositors with 6 percent interest from closure date.
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 amid bond sales
The syndicate that underwrote 3 million in 5 percent refunding notes and about 6.1 million in 4 percent bonds of the Mexican Central Railway seeks an extension to year end. The plan would keep the syndicate intact while releasing unsold notes on September 1 and distributing them pro rata. The extension relates to 6 million in bonds, about half sold, with dissolution delayed to support bond sales as the Mexican Central merges into the National Railways of Mexico.
MENTIONED IN THIS ARTICLE
Mexican Central Railway Company
National Railroad of Mexico
National Railways of Mexico
Montgomery's securities sale sought in bank embezzlement case
Pittsburg August 10 Robert Lyons receiver of the Allegheny National Bank asks the Common Pleas Court for authority to sell stocks held as loan collateral. He alleges loans of 567 421 33 were made on fictitious applications directed by cashier William Montgomery now indicted. Embezzlement and misappropriation are alleged with securities placed in bank by Montgomery using embezzled funds, chiefly Western mining stocks, with prior court authorization for sales exceeding 600 000.
MENTIONED IN THIS ARTICLE
Pittsburg
Robert Lyons
Allegheny National Bank
Common Pleas Court
William Montgomery
Montgomery
Cas
New Orleans Cotton Mill Strike Expands After Wage Cut
New Orleans August 10. Several aggrieved operatives at Lane Muggins Cotton Mills walked out today leaving a small staff. The mill owners had announced either shutting down or cutting wages starting today and it was understood the majority accepted the wage reduction.
MENTIONED IN THIS ARTICLE
New Orleans
Lane-Muggins
Also Mentioned on This Page
Royal Victor
Sullivan & Cromwell
Promoter
Albert Fraser
N R P. Taylor
General Construction Company
William S. Opdyke
J. Romaine Brown
R. H. Adams
American Lineeed 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. Vivian
Republican State Committee
California
Floyd Day
N. B. Hadley
New York Insurance Department
New Manhattan Bridge
F.W. Whitridge
W. R. Willcox
J. F. Calderwood
Calderwood
Fulton and
Joralemon Streets
Pillsbury-Washburn Flour Mills
Commerce Commission
New York Central
Shippers’ Association
Mintyre
Brooklyn Rapid Transit
C. P
Morgan
DR. Bensel
Automobile Builders Bankrupt
BIG Electric CO
Pitney
A. S. Bigelow
North America Bank
New-York
Tribune
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