Boxboard firm fails to pay debts. receivers appointed
United Boxboard and Paper Company, formed in New Jersey in 1912 from the American Strawboard Company and 24 others, faces $962,000 current liabilities against $825,000 current assets. Vice-Chancellor Howell names Thomas L. Re and Sidney Mitchell as reporters in Newark, with Judge Hough later naming H. A. Robinson and a circuit court to act as receiver. Directors warn stockholders of restructuring to salvage the firm, including closer consolidation, floating debt payment, and reduced capital stock. The company has a long, troubled history of debt, prior reorganizations, and multiple failed bond issues. It operates fifteen mills across the Northeast and Midwest, with offices in New York and Chicago.
MENTIONED IN THIS ARTICLE
United Boxboard
Boxboard Company
Howell
Thomas L. Re
Newark
N. J
Sidnn Mitchell
Hough
United States
H. A. Robinson
Circuit Court
Eillery Board of Directors
Bern
Wey
United Boxboard and Paper Company
New Jersey
American Strawboard Company
J. H
W. H. O. C Barber
Diamond Batch Company
Barber
The
Moores
Oswego Falls
Sidney Mitchell
Mitchell
Eade Protective Committee
Bim
Mr. Mitchell
Lare & B. Fieming
Herman Grossman
Hyatt Cox
New York
Broad@way
Chicago
Meine
New Hampshire
Connecticut
Ohio
Indiane
Expect Business Revival in Fall Says Sloss-Sheffield Leader
J C Modern, president of Sloss Sheffield Steel and Iron Co, just back from Europe, says foreign opinion foresees a strong U S business revival this fall. He notes European capital now optimistic toward America and expects tariff revisions if Taft wins. He urges tariff reform as sensible, arguing the tariff was meant for revenue, not protection.
MENTIONED IN THIS ARTICLE
J.C. Modern
Sloss-Sheffield Steel and Iron Company
Europe
United States
America
Jong Ace
Italy
France
Bryan
Taft
Demand for 125000 rep utation against rail lines filed
Henry E. Meeker surviving partner of Meeker and Co. files with the Interstate Commerce Commission a complaint seeking 125000 dollars plus interest as the largest reputational restitution ever sought. The case names Erie Susquehanna and Western and Berie and Wastern Railrose as defendants and asks the commission to fix a reasonable jointly borne rate for coal transport from Pennsylvania coal region to Etgewster and Weehawken New Jersey.
MENTIONED IN THIS ARTICLE
Washington
Interstate Commerce Commission
Henry E. Meeker
Meeker & Co
Pennsylvania
New York
Erie, Susquehanna & Western
Berie & Wastern Railrose
Pennsyl Mla
Etgewster
Weehawken
N. J
Dull Stock Exchange Celebrated With Fireworks On July Fourth
The stock market paused for a Fourth of July celebration as few brokers attended and trading slowed to a near standstill. A torpedo and firecrackers sparked chaos on the floor, with Charles Knoblauch fined for the explosion before a remission was granted.
MENTIONED IN THIS ARTICLE
Stock Exchange
Talbert
Charles Knoblauch
Roosevelt
Consolidated Stock Exchange
New Haven Road Loses in Dividend Guarantee Decree
Superior Court orders New York New Haven Hartford Railroad to indorse guarantee of 4 percent annual dividends on New England Investment and Security Company preferred shares. Court rejects NH& HC deferral, directs payment of accrued dividends and $19 1/2 per share upon redemption, trustees to deliver endorsed certificate.
MENTIONED IN THIS ARTICLE
New Haven
New York, New Haven & Hartford Railroad Company
New England Investment and Security Company
Massachusetts
New Haven Company
Supreme Court of Errors
Plan to Enforce Bovine Tuberculosis Act in Albany
Albany July 8 Plans for enforcing the act to aid the State Department of Agriculture in fighting bovine tuberculosis were discussed at a conference with Commissioner Pearson First Assistant Commissioner Flanders Dr W A Moore and seventeen veterinarians. The meeting noted record prospects for control due to higher indemnity for condemned animals and a requirement that sellers inform buyers in writing if an animal is diseased. Reports praised tuberculin testing alongside physical examinations and post mortem proofs. Pearson said the department will assist cattle owners with physical tests when tuberculin testing is not wanted though it provides quicker results and is generally preferred by dairymen.
MENTIONED IN THIS ARTICLE
Albany
State Department of Agriculture
Pearson
Flanders
W. A. Moore
State Veterinary College
Cornell University
Commissioner of Agriculture
Standard Oil gives massive public bonfire aid in Boston
Standard Oil Company acts as a public spirited firm by donating 136 barrels of oil about seven thousand gallons for Boston East Boston bonfire. The display lit at 11 o clock tonight and could be seen forty miles away in a historic city event. Canal Labor Board seeks facts on housing for canal laborers as commissioners visit Brewerton and Fulton for possible improvements on the isthmus.
MENTIONED IN THIS ARTICLE
Boston
Standard Oil Company
Canal Labor Board
Syracuse
J. B. Reynolds
S. B. Donnelly
Henry B. Needham
Panama Canal Labor Commissioners
Brewerton and
Fulton
Spinners Consider Further Cotton Production Curtailment
Manchester July 3 A committee of the Federated Master Cotton Spinners recommended a further curtailment of production among American cotton users. This marks the second step in the initiative begun earlier. On May 15 spinners decided to run on short time due to slackened trade.
MENTIONED IN THIS ARTICLE
Manchester
Federated Master Cotton Spinners
Belt Line Championship Hints at Public Service Commission Action
At a hearing before Chairman Willcox and Commissioner Eustis the Public Service Commission weighed the Belt Line issue amid a pending federal court order. The Metropolitan Street Railway’s receivers seek to cancel the lease of Central Park, North and East River, but regulators question if service will continue and how operations will be maintained during a final settlement.
MENTIONED IN THIS ARTICLE
Public Service Commission
Central Park, North & East River Railroad Company
Willcox
Eustis
Lacombe
Metropolitan Street Railway Company
Central Park Company
Henry Thompson
Oren Root
The
Metropolitan
Ines
59Th Street
Oliver C. Semple
Commission
Root
Belt Line
69Th Street
29Th Street
Thompson
Broadway
H. H. Vreeland
Daniel B. Hasbrouck
Charles E. Warren
Edward Sayre
Bell Line
No Piles Under Penn Tubes Decide Tunnels Safe
After tests the Pennsylvania Railroad ends plans for piling under its North River tunnels built on soft ground. The tubes joined in 1906 could receive piles if needed, but Vice-President Rea stated no piles will be installed now. Tunnels will receive a two foot concrete lining to boost stability and resist pressure.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad
North River
Hudson Company
Rea
Street Railway Strike Looms in Rhode Island
Providence reports show 1,227 of 1,400 Rhode Island Company street railway workers favor current relations and joining the United Traction Mutual Benefit Association, while union officials say many prefer striking if demands not met, with a strike likely within 48 hours.
MENTIONED IN THIS ARTICLE
Providence
Rhode Island Company
United Traction Mutual Benefit Association
Amalgamated Association of Street Railway
Indictment Against Fertilizer Firms Quashed in Tennessee
Nashville July 8 Federal Judge John E McCall quashed the indictment against Virginia Carolina Chemical Co and about fifty other corporations and individuals charged with forming a fertilizer trust in violation of the Sherman law The court largely favored the government on the main points but sustained the defense that special counsel appointed by the Attorney General had no legal right to participate in grand jury proceedings despite no shown improper conduct.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
United States
Virginia-Carolina Chemical Company
John E. McCall
McCall
Bonaparte
Plan to boom New England governors meet in November
A conference at the State House led Governor Guild to propose a permanent New England Governors organization. States would convene in November in this city to discuss advancing regional business conditions. Delegates included Chamberlain of the State Board of Trade, Dey of the Springfield Board of Trade, Richardson of the State Grange, Mills of Massachusetts Agricultural College, and Myrick of Springfield.
MENTIONED IN THIS ARTICLE
Ofton
State House
Governor Guild
New England
Chamberlain
State Board of Trade
Frederick T. Dey
Springfield Board of Trade
W. L. Richardson
Massachusetts State Grange
Professor Mills
Massachusetts Agricultural College
Herbert Myrick
Springfield
Bankers Convene in Denver for 34th Annual Meeting
The American Bankers Association holds its 34th annual convention in Denver starting September 28. Savings bank sessions are set for Monday September 28 while trust company and clearing house meetings run Tuesday September 29. Speakers include Woodrow Wilson B FE Walker and James B Forgan. A Moffat Road excursion is planned and Brown Palace Hotel serves as headquarters.
MENTIONED IN THIS ARTICLE
American Bankers’ Association
Denver
Trust Company
Savings Bank Section
Clearing House
Woodrow Wilson
Princeton University
B. FE. Walker
Canadian Bank of Commerce
Toronto
James B. Forgan
First National Bank of Chicago
Moffat Road
Brown Palace
Apartment Row Sold Houses in Upper 7th Ave
Large property deals reported with H M Fischer selling three five story apartment houses on a 100 by 99.9 foot plot at 118th street and Seventh Avenue to Silverstein and London. Buyers paid with six lots in Minford Place as part payment.
MENTIONED IN THIS ARTICLE
H. M. Fischer
Grossman Brothers & Rosenbaum
118Th St
7Th Ave
Silverstein & London
Minford Place
1724 St
Bronx
Fischer
7Th.ave
M. L. Company
John N. Golding
Lawrence Estate
131St St
12Th Ave
George F. Hinrichs & Co
Slawson & Hobbs
James J. Martin
Audubon Ave
18Th St
David Spler
Moritz Rauner
101St.st
West 26Th St
B. C. & T. Hinkle
Union Methodist Episcopal Congregation
West 8Th St
J. C. Fernandus
Charles Gans, Jr
Broadway and
Cortlandt St
James E. Cooley
L. E. Waterman
Waterman
Woodruff Leeming
Cedar St
Charles Wolff
Monaton Realty Buys Four Story Brooklyn Apartment House
The Monaton Realty Investing Corporation led by Edward J. McCormack bought the four story and basement double apartment house at 11 McDonough Street Brooklyn. The property features a white stone front broad entrance stone railings and tiled hallways. The firm has acquired several income paying Brooklyn properties in the past year.
MENTIONED IN THIS ARTICLE
Monaton Realty Investing Corporation
Edward J. McCormack
McCormack Real Estate Company
McDonough St
Brooklyn
Monaton Company
New Home for Phi Gamma Delta Club
The Bar Association leases two adjoining houses at 32 and 34 West 4th Street to the Phi Gamma Delta Club for ten years at a total rent of 75000 dollars. The club will merge the houses into a single clubhouse for its occupancy, currently occupying 44 West 44th Street. S Osgood Pell & Co. negotiated the lease.
MENTIONED IN THIS ARTICLE
The
Bar Association
Phi Gamma Delta Club
West 4Th St
West 44Th St
S. Osgood Pell & Co
Equitable Life Plans 62 Story Building Drawings
G H Burnham has filed thirteen more drawings with Buildings Superintendent Murphy for the Equitable Life 62 story building to be erected on the old site. The plans detail plumbing and drainage with 1967 lavatories and 169 drinking fountains for tenants from floor one to fifty seven, plus a lower basement shower bath for engineers. Seventy drawings in total are now submitted for consideration.
MENTIONED IN THIS ARTICLE
G. H. Burnham
Equitable Life Assurance Society
Murphy
Society
Equitable
Brokerage Market Buys Echo City Real Estate Activity
In the brokerage market several sales are reported. M J Foss sells a three story dwelling at 164 Lexington Ave on a 16.8 by 75 foot lot. Henry A Goldman handles a sale at 16 Bowery to James J McGovern of old buildings on a 25 by 100 foot lot between Pell and Dover. Bretislav sells two four story double flats at 1182 and 1134 Washington Ave on a 50 by 128.6 foot plot to H Hornickel. Fitzgerald & Broderick close on 2498 Arthur Ave a two story dwelling on 25 by 79 feet for Vincenzo Chanese. Lauter & Blackner sell lots on Jefferson Ave near Hill and near Murdock Ave Edenwald to two buyers. Berkowitz & Landsman sell a six story tenement at Cherry St and Catherine St for Virginia Bianchi and Charles Bacigalupo. buyers trade two six story tenements Nos. 318 and 320 East 112th St on a 50 by 10 foot plot.
MENTIONED IN THIS ARTICLE
H. Hornickel
Fitzgerald & Broderick
Arthur Ave
Vincenzo Chanese
Lauter & Blackner
David Robinson
Jefferson Ave
Hill Ave
Murdock Ave
Edenwald
Berkowitz & Landsman
Virginia Bianchi
Charles Bacigalupo
Cherry St
Catherine Sl
112Th St
Densmore Compton Lands Park Avenue Strip in Manhattan
The Densmore Compton Company acquired title yesterday to a five inch frontage strip on the easterly side of Park avenue, just south of 58th street, from James A. Farley. The Roman Catholic Church of All Saints received title to 52 East 130th street, a 25 by 99.11 foot parcel. The Commercial Twine Company conveyed title to multiple parcels on the south side of 62nd street east of 11th avenue to Travers Securities Company.
MENTIONED IN THIS ARTICLE
Densmore Compton Company
Park Ave
58Th St
James A. Farley
Church of All Saints
130Th St
Commercial Twine Company
62D St
1Lth Ave
Travers Securities Company
Brady Realty Sells 100x1 Pilot Plot on Grymes Hill
The Brady Realty Company announced the sale of a 100 by 1 foot pilot plot at Fair Acres, Grymes Hill, Staten Island to Thomas Stone for 3000 dollars in cash. Stone plans to construct concrete houses on the site.
MENTIONED IN THIS ARTICLE
The
Brady Realty Company
Fair Acres
Grymes Hill
Staten Island
Thomas Stone
Mr. Stone
Leases and Sales Prolific in New York Real Estate
Maguire and Co. leased the Browning Building store at 21 Broadway to the Report Company with basement. Elmer Stolpp bought 61 West 82d Street via J. B. Ketcham and Folsom Brothers. S. Osgood Pell & Co. leased 466 Park Ave to Henry B. Anderson for a private hospital and sanatorium. Burnett and Chapman to operate the house. They also leased 8 East 24th Street to Miss Elizabeth Moseley.
MENTIONED IN THIS ARTICLE
Burnett & Chapman
East 24 St
Elizabeth Moseley
Bronx Building Plan at Reservoir Place
John Polden owner James E Ford architect total cost eight thousand dollars for 20 by 88.8 foot frame structure at Reservoir Oval Secor Reservoir Place in New York.
MENTIONED IN THIS ARTICLE
Bronx
Reservoir Place
Secor Reservoir Oval
John Polden
James E Ford
Property descriptions and loan transfers in a dated city grid
Document fragments list parcels with locations such as 285th st es 230 ft W of White Plains ave and 119th s 50 ft of Amsterdam ave. It also notes loans including Eliza Livingston to Emil Leslie for 4000 and city mortgage loans to James Realty and Construction Co and Economy Plumbing Co with various block and lot references.
MENTIONED IN THIS ARTICLE
White Plains
Eliza Livingston
Emil Leslie
Amsterdam Ave
City Mortgage Co
James Realty and Construction Co
Sik Aase Om
Somodg
8Th Ave
Charles Newmark
Harris
Economy Plumbing Co
Bankers Arrested in Clintonville and Emlenton
John McKee president and Harry S McKee cashier of First National Bank of Clintonville along with William C McKee cashier of Farmers National Bank of Emlenton were arrested by U S Deputy Marshal Owens on charges tied to the banks’ failure months ago They were later released on bail The McKee family is prominent in Venango County Pennsylvania.
MENTIONED IN THIS ARTICLE
Pennsylvania
Pittsburg
John McKee
Harrys. McKee
First National Bank of
Clintonville
Penn
William C. McKee
Farmers’ National Bank of
Emlenton
United States
Owens
McKee
Venango County
Bond Issue by Hetty Green Road
The Texas Midland Railroad Company applied to the State Railroad Commission for authority to issue 2,000,000 in bonds on 110 miles of track. The road is owned by Mrs. Hetty Green. It was built several years ago but never bonded.
MENTIONED IN THIS ARTICLE
Tribune
Austin
Tex
Texas Midland Railroad Company
State Railroad Commission
Hetty Green
Imports of Dry Goods Marketings This Week
Imports and marketings of drygoods this week, with comparisons, were as follows: Liner seeders tod458 A809, 087.
Also Mentioned on This Page
Faboard CO
Onrt
Foreign Commerce
Ren Mat
Macy
New Haven Road
Losis
Standard Oil Company Patriotic
Clinton Gilbert
Wall Street
Liberty
Am Exchange
Lincoln
Ima National
Manhattan Co
Bronx Borough
Market & Ful
Butch & Drew
Politan
Ims Coal
Ance
Consolidated
Merchants
Mount Morris
Mutual
Chatham
Nassauseseesee
City
Chelse
New Netherland
Night & x
Gorn Exchange
Nai East River
Pacific
Fidelity
Fifth Avenue
Fourteenth St
Sherman
Garfield Wortee
Union
Greenwich
West Side
Tring
Yorkville
Jettersom
BELT
P. S
Road
Federal Court
Apartment Row
PHI Gamma Delta
More Equitable Life Plans
West 81St Street
Manhattan Square
Central Park
A. P. Coburn
Lawyers Title Insurance and Trust Company
Liberty Street
Manhattan
Montague Street
Marlboro
Wood, Harmon & Company
Broadway, New York
Cortlandt
Ruland & Whiting CO. Real Estate
Beekman ST
American Architectural Association
River View Manor
Tribune Building
Nassau St
Long Island Real Estate
City. Realty Trust
Liberty St
Goo Brey
Reade ST
WM. C. Walker'’S Sons
George M. Ehrgott
Chicago Grain and Provisions
Liverpool
St Louis
Bradstreet’s
Minneapolis
Duluth
East River Savings Bank
Dick S. Ramsay
Chas. A. Whitney
6Th Avenue
Greeley Square
Charles
Sprague
Francis M. Leake
William G. Ross
North River Savings Bank
Franklin Savings Bank
8Th Avenue
42D Street
Wm. G. Conklin
J. Halicek Waring
Greenwich Savings Bank
E. Cor. 6Th Ave
James Quinlan
Genose
M. Dutcher
Treas
J. Hampd
Francis M. Bacon, Jr
NEW York Savings Bank
N. W. Cor
William Fellinger
James L. Wandling
Archibald M. Pentz
Alfred N. Fuller
East 80Th Street
Southampton
Long Island
Berlitz School OF Languagea
Madison
Lenox Ave
Court St
Asbury P. Zx
Maplewood
East Greenwich Academy
BR. I
Colle
Charles Alford Stenhouse
M. A. Frimaipai
Lakeville
Taconic School For Girls
Beatiful Lake
Berkshire Hill
Lilian Dixon
A. B.wellesley
Bryn Mawr
Bertha Bailey
Wallesley
RYE Seminary
Mra & J
the Misses Stowe
Rya Sentore Acs
Epreuna Pienti
Ee Oc
Bethlehem
J. Max Harr
D. D
Prin
Frances Gilman
Lake St
White Paina
American and Foreign Teachers Agency
Sea Professors
Teachera
Tutors Governessen
Om Sup i SerBoligeen Pohort
E Cioe Sauare
Joseph P. Day
Little Fannie Mining Company
Mineral Creek Milling
Creek Mining Company
Silver Creek Mining Company
Mogollon Mountains Investment Company
Roy M. Robinson
Grattan Colvin
Base Borough of
Ty, N
C. Powell & Co
St. Louis
Pinkerton’s
National Detective Agency
ST Broadway