The San Francisco Call. Newspaper, October 24, 1903, Page 7

THE €AN FRANCISCO CALL, SATURDAY, OCTOBER 24, 1903, CONVENTION OF FINANCIERS TERMINATES WORK AND ELECTS ITS OFFICERS WITH F. G. BIGELOW OF MILWAUKEE AS PRESIDENT Silver Punch Bowl|| Presented to C. Hardy. es K. Wilson of This City lIs I | | [ Honored. , e convention of kers' Associa- erday by the TO FILL VACANCIES. e association i EXECUTIVE COUN — Delegates Visit the CIiff House and Beach. Crowds Witness Big Athletic Events. HE visiting bankers enjoyed a fne athletic entertainment at Sutro Baths yesterd: afternoon, tendered to them by the bankers of San Francisco. It was snccess In every particular act was loudly applauded immense audience of more than 3 ple. Willilam Greer Harrison had charge of the different events. The programme was varied a gr and highly interesting and instructive char- | acter. For the first time In the annals of athletics the fair sex witnessed boxi bouts that were in earnest. The men fought before the assembled bankers a the falr sex battlgd for trophies and t | | ladies enjoyed the heav going. Gore was spilled and hard punches were ex changed. It was a novel sight for the ladies to see the men come into the ring and be attended by thelr seconds: t listen to the gong sound and to watch the referce scparate the men clinches. The climax was reac Joe Collins; the clever Olympic C1 weight, dropr “Ni Otts | count on two occasions. Otts was k out and the ladies hissed Collins for what they thought was brutality. John J. Gleason brought on the tlers first a the exc wres ng matches were | highly appreciated. Willlam Larkin secured two straight falls from G. W. Freeman. A. A. Pock | witz defeated C. D. Pent! | of the coast, in quick fashion. | showing created a s | Techumi proved too stror | for G. H. Williams, two straight falls hard time pinning F. Vecki's | | to the pad, but he did so after work. All the wrestlers were ng, wrestling | George S. Miehli f 0 ’, | | of the Olympie Club. H reteree. s g"’({:‘ i | Dewitt Van Court a 4\\\» y | | Gleason in_ bringing ¢ gl | arena in pe Graney was William Cartwright C M were er. monkey of*J nd bout and ve Collins knocked Fred Butz was timekeep a mad r fo Lew Powell | Hughes in th earned the decision. out “Nobby” Otts in Joa Kane secured a and e second Joe Carroll, t CIL OF AMERICAN BANKERS’ ASSOCIATION THAT WAS ELECTED TO OFFICE YESTERDA was their battle, winning easily of the coast, h | “The aquatie part of the enter also came in for a great - | Sundborg won t 100-yard JTIVE COUNCIL MEMBERS. = L. = VICE PRESIDENTS. w. H Alabama, x rman- Americ , B, ¥ Vick QOT R T Stout, president | | New York City; North | president Comm N\ North Dakota, | cashier Capital J. Frank onal Bank, k. presi- BANKERS WILL ‘ ENJOY TRIPS INTO COUNTRY OUNTEOTUS entertainment will be provided to-day | for the visiting bankers who have attended the annual | convention of the Bankers’ Association. The local entertainment com- mittee, representing every bank in the State of California, will be the hosts of the visitors and their friends. The financiers have had the choice of taking one of four trips. A special train will leave this morning at 8:45 from the South- ern Pacific depot at Third and Townsend streets, bound for Del Monte. The guests of the committee will be given a drive around Monterey to-day and will be quartered at the Del Monte Hotel until to-morrow morning, when the special train will return to San Francisco. | The New York bankers will leave for Del Monte and Los An- geles on their famous “train de luxe,” which was sent to Cali- fornia by the New York Central Railroad in charge of M. C. Roach, the general Eastern pas- senger agent of the Vanderbilt lines. The famous train of the New York Central will stop at Del Monte, Santa Barbara, Los An- geles and then proceed East, via Arizona. A special train will leave this morning at 10 o’clock via the | California Northwestern road en route to the Asti Colony vine- yards. The bankers and their friends will be taken through the wineries and will be enter- tained at luncheon. The re- turn to San Frantisco will be in the evening. Another special train will leave at 10 o’clock this morn- ing, conveying guests bound for Mount Tamalpais, where the visitors will be given a boun- teous luncheon. This party will also return to San Francisco this evening. Another delegation will be taken to Stanford University | and San Jose, leaving the depot } | American at Third and Townsend streets at 9 o’clock this morning. The party will be escorted through Il the university and then proceed | | | to San Jpse, where it will be en- tertained and return to this city in the evening. i South Caro- | Charleston; | , | cashier Beres- | % L3 | National Bank, Charleston; Wisconsin, J. M. x j in Chamber- | Holley, cashier State Bank of La Crosse, La ~ fonal Bank, San | Crosee; Wyoming, August Kendall, president Farasworth, cashier | pyrst onal Bank, Rock Springs; Hawall, ,‘"'"';‘”n';l.BlA;l | H. E. Waity of Bishop & Co., Honolulu. B. Fishburne, vice The convention was then declared ad- Wachingt “cranse Bank. Roanoke; | journed and the memorable gathering cashier Fxchange National Bank Spokane: Weer e | came to an end. ginia, J. D. Baines, vice president Kanawha After the adjournment the executive PLUCKY WOMA JAES ENGINEER Throws Open Switch for Him to Escaps Run- ‘ away Cars. ‘ — | EUREKA, Oct. 23.—Mrs. E. D. Porter, | wife of the manager of the lumber yard | at Newburg, and daughter of E. J, Dodge of Alameda, president of the company, is herolne in the lumber settlement in | about Fortuna. By her remarkable P a colll esence of mind and bravery she averted ion between three runaway lumber avily loaded, and an engine. loaded lumber cars standing in Three the yards at Newburg suddenly siarted to roll down the grade leafling to the point | of conjunction with the San Francisco | and Northwestern tracks. Their velocity | after traveling some distance became ter- rific. A short distance mhead of the cars | and in the pathway of the runaways stood the engine. Yard Boss Nelson, taking in the perilous situation, signaled to the en- gineer, who Instantly opened wide the throttle and the engine started down the | track pursued by the three rapidly mov- ing cars. The lumber yard at the op- | posite end of the track was notified by telephone. Mrs. Porter was in the office, owing to the absence of her lLusband, | and received the message. She rushed to the switch just in time to throw it open/ | and give the engine an outlet to the Valley Railroad. As the engine thundered past her the switch was again closed and an instant later the three cars rushed past her and plunged into the ditch at the side of the road” All three cars were completely wrecked. If the engine had not been able to securs the outlet to the Valley Railroad it would have suf- fered the fate of the runaway cars and been demolished, with certain luss of life. ———————— Car Attains Remarkable Speed. BERLIN, Oct. 23.—An electric car to- day, in the high speed experiments on the Mariennelde-Zossen ~line, attained the speed of 130 2-5 miles per hour. @ iiviirieieimiir el @ council met at the Palace Hotel for the purpose of electing a secretary and an as- sistant secretary. With unanimous vote the council decided to renew the. terms of office of Secretary James R. Branch and Assistant Secretary William G. Fitawil- son, who have so ably discharged their duties during the last few years. | The executive council will meet next April in New York City to decide where the convention for 1904 shall be held. Two pressing invitations were presented yes- terday, one by Atlantic City, N. J., and the otHer by New York City. It is under- | stood that Atlantic City is favored by a majority of the bankers. SAN JOSE IS READY. | An Elaborate Entertainment Awaits Bankers Who Visit Garden City. SAN JOSE, Oct. 23.—Everything is ready for the reception local bankers are to ive the Eastern financiers to-morrow, The party will arrive here shortly after 12 | o’clock. They will be met at the depot by a committee of the bankers and the Chamber of Commerce. Carriages will be provided and the party taken for a drive | about the city and valley and to the So- rosis fruit farm near Saratoga. After go- | ing through the Sorosis packing-house an elaborate lunch will be served. The lunch will consist solely of Santa Clara County products and will be prepared under the direction of E. E. Goodrich of El Quito olive farm. Arrangements are being made to entertain 500, FLUME COMPANY FIGHTS FOR LIFE Secures Order of Court Restraining Sale of Property. o FRESNO, Oct 23.—Trouble continues to pile up for the Fresno Flume and Irriga- | tion Company. Besides the case of Miller & Lux, who seek to enjoin the use of water from the tributaries of the Ban Joaquin River, it is fighting for life with the California Safe Deposit and Trust Company of San Francisco, which has ad- vertised the property of the flume com- pany for sale under a deed of trust. Upon the application of L. L. Cory and W. 8. Goodfellow, the attorneys for the flume company, Judge Austin this morn- ing issued an order restraining the sale or advertising for sale of the compan property, which was to have taken place in 8an Francisco on October 20. The ad- vertisement, a copy of which is filed with the papers, is being published in a San Francisco paper. The action of the trust company Is based on a deed which was executed by the flume company in 1882 to secure a bond issue of $300,000, with the proceeds of which the company planned to com- plete work that was then under way. It is clalmed that default has been made in the interest on five bonds owned by Charles Osgood Hooker, and that the six months' time allowed after such default has expired. In accordance with a clause in the deed of trust, which provided that the bondholders in case of default might declare the whole debt due and advertise | the property for sale, or bring foreclosure proceedings, or apply to take over the control and operation of the property on their own account, the bondholders elect- ed to advertise the property for sale. Formal demand for the payment of the principal, $300,000, and interest to the amount of $2509 45 was made on August 5, and, as no Ieced was paid, the adver- tisement of saic was proceeded with. On the other hand, the flume company denies that it owes the bondholders or has made any default, elther of taxes or interest. It is stated that there are sixty- eight bonds outstanding. Three others were issued, but have since been pald. 1t is pointed out that if the advertise- ment of sale. continues it will tend to cast a cloud on the title of the property, subject the company to annoying litiga- tion and damage it beyond any adequate remedy. For these reasons the injunc- tion was asked, and upon this showing it was Issued. i The bond of the applicants for the in- junction, C. B. Shaver and C. A. Musick, was filed for $1000. The attorney for the trust company is J. Dalzell Brown of San Francisco, who is also its vice president and agent. In the suit of Miller & Lux against the company & continuance was granted by Judge Austin until November 11. Both sides had exhausted their lists of wit- nesses on the flow of Stephenson Creek, and it was agreed that before taking up other phases of the case the attorneys could save time by using evidence that was given in the trial of the Miller & Lux case against the Enterprise Canal and Irrigation Company. The evidence in each instance ‘covers the same ground. ————— Strange Phenomenon at Sea. ASTORIA, Or., Oct. 23.—Captain Rich- ardson ‘of the lighthouse tender Colum- bine, which returned to-ay from Puget Sound, reports a strange phenomenon while off Cape Flattery last night. The heavens suddenly took on a peculiar hue and at the same time the barometer fell rapidly. After a few moments the atmos- phere resumed its normal condition. CATTLE RAIGERS FORM A COMBINE Rich Grazing Land in Mexico. Special Dispatch to The Call. SANTA BARBARA, Oct. 23.—A num- ber of Santa Barbara capitalists have per- fected a cattle combine which will do business under the laws of the State of Arizona. The capital stock s $100,000. The company has incorporated under the name of the Santa Barbara Cattle Com- pany, with the following officers: Presi- dent, A. H. McKay of Santa Barbara; directors—L. F. Swift of Chicago, R. Cameron Rogers, A. H. McKay, C. W. Baland Barbara. The corporation Is limited, the directors holdirg the entire capital stock. The compa ing land in Mexico, near Douglas, Ariz., and as fast as_possible is stocking the tract. Three hundred thousand head. of cattle have been turned out there. Ealand and Fernald will have the management of the company, the former being super- intendent of the ranch and the latter at- tending to the outside business. Presi- dent McKay returned to Santa Barbara yesterday morning from a business trip East and spoke freely of the plans of the company. “The final arrangements were com- pleted while I was away,” said McKay. “My interview with Mr. Swift in Chi- cago a_day or so ago clinched the mat- ter. We expect to raise cattle on a large scale and as soon as possible will have the ranch thoroughly stocked. The con- ditions are excellent where we are located and with the large acreage, on which we have a ten-year lease, I think the com- pany should be able to supply a large demand.” It is largely through the efforts of Fer- nald and Ealand that the organization of the new company has been completed. They have been in partnership in the cat- tle business for the past year, having leased a ranch of about 150,000 acres in Mexico, and out of this venture the new combination has grown. —_—————— Visiting Bankers. You have mot seen the most attractive por- tion of California unléss you take a trip via Sausalito ferry (North Shore R, R.) to Mift Valley, Ross Valley or San Rafael. Views of harbor, Alcatraz, Golden Gate and beautiful suburban homes. Ferry (connecting with trains) departs foot of Market street at 7:00, £:00, 9:00, 10:00, 11:00 a. m., 12:20, 1:45, 3:15. 115, 5.15, 6:15, 7:00, 8:45] 10:20 and 11:45 p. m. Return on any of sixteen trains dur- ing the day. B50c round trip. Tours to Rus- slan River redwoods. Full information at ticket office, 626 Market street. . ———————— Run Down by a Freight Train. LOS ANGELES, Oct. 23.—Joseph F. Sody, formerly an engine wiper in the employ of the Southern Pacific Company Packing Company, died this morning from injuries received by being run over by a freight train late last night. Sody was walking on the track and apparently did not hear the approaching train. ——————— Must Undergo an Examination SACRAMENTO, Oct. 23.—The State Board of Medical Examiners recently called the attention of Dr. F. W. Hatch, Superintendent of State Hospitals, to the fact that Dr. J. J. Crowley, one -of the phbysiclans at the State Hospital for the Insane at Ukiah, Mendocino County, was practicing medicine without a license. The board threatened to prosecute Dr. Crowley, but he has assured Dr. Hatch that he is willing to-take an examination Lease a Large Tract of| v has leased 350,nv acges of graz- | and recently employed by the Cudahy | and Charles Fernald of Santa | swimming test fo ‘Alex Pape carried off the honors same trial for the Olympie Cl the Lurline Club, ar for t Prof before the State Board of Medical Ex- | aminers at its December session in San Francisco. Dr. Crowley is a graduate of the College of Physiclans and Surgeons of San Francisco. lub Continued on Pa; ge 11, Column 4. ADVERTISEMENTS. INTERNATIONAL BANKING CORPORATIO NO. Capital, $3,947,200. WILLIAM L. MOYER JOH WALL ST. NEW YORK Surplus and Undivided Profits, $4,044,973 >resident HUBBARD H. ROGERS...... D. PALMER WIGHTMAN AND THE PHILIP- FISCAL AGENTS FOR THE UNITED STAT THE GOVEKN- IN CHINA DESIGNATED DEPOSITORY FOR 3 HE FUNDS ( Manager YOKOH ager . _AC ., CALCUTTA, MADRAS, PENANG, ANTON, HANKOW, TIENTSIN. TANSUL ANPI KOBE. BANGKOK, BATAVIA CORRESPONDENTS IN ALL PAR’ DIRECTORS, THOMAS H. HUBBARD, Chairman of the Board Now TR President, Equitable Life Assurance JULES §. BACHE CLARENCE CARY ........ Ot Cary & W AN Py T ol s Ul ST e JUAXN M. CEB ot 3. M. Ceballos & Co.. Commission Mercha: itridge, Lawyers .-New s AGIN.. e 2 - EDWARD F. CR. 160 Broadway. ; Sy - w5 55 5ae Dattor FEMUBRAT, OO0 Fo overnor of Massachusetts ¥4 GEORGE CROCKER. . 11 o oot aii et seset st eaiie et e et s aianeaanee San Francisco BUGEIE DEDANO. ..« vcssssrssireassasssnscsssiessne siosiarasssstssesasanssacas New York of ARTLEY DODGE.... esen cescn serssssssveccs.New York MARCELLUS H. Dirsctor, Equitable Life Assurance Society = v 2! . DUNHAM. . .o sesmien ssstecscsesscsnsee Hartford SYLVESTER C. D ent., Traveiers’ Insurance Comvany of Hariford ~ HALEY FISKE New York 1 . cevesbroscessss cssssssessnenen N EDWIN' GaunD Preaident, St. Louts Southwestern R. R. P s JGGENHEIM. ... g e e s York IBAAC SO rer, American Smel Ining Compa: o EDWARD H. HARRIMAN.. 5 et il . HEGEMAX.... York JOHN R. i WILLIAM G. HENSHAW . Oaktana FRSKINE HEWITT New York JOHN HUBBARD New York INTINGTON. .. coiosoeazeenziessesens R AR R R S . EENRY, B HT President, Pacific Electric Railway Company % JAMES H. HYDE <.ieseaeseeese.New York KSON = k5 .. Pitesn, JoMHN B JACKSO President, Fidelity Tifle & Trust Co. = INTZE. coveennes New Y LUTHER KOU 6t Kountse Brothers, . O s Sasnsapica o o New ¥ JOEN 3. McCO Of ‘Alexander & Green, La - INTOSH. ...0soonene a HENRY P. Ml Prestaent, evelana . MeIN’ X New York WILLIAM H. MCINTYRE. . - PIERRE MALI....... New York HENRT 8. MANNING. New York WILLIAM L. MOYER. New York ALLAN W. PAIGB. . Briageport CLAY PIERCE........ +eee.8t. Louts Y, Chatrman, Mexican Central Railway WILLIAM A. READ -.New York 8. RODGERS... Cinctanatt HOWRED. Vics President, Merchants' National Bank ....... werreerecess Datrolt ® H. RUSSEL. . % s President, State Savings Bank LIAM SALOMON.....ccou vumerrenss iy 6t William ' Salomon RT A. C. SMITH RO President, LFRED G. VANDERBILT. & WHITTIER. ARLES A. 3 e Treasurer, American-China San Francisco Branch: A General Banking Business Transacted. Accounts ot Corporations, Firms and Individuals Solicited. 1 ed Securities. Foreign and Domestic Exchange Bought and Sold. and Commercial Letters of Credit Granted available in any Part of the World Interest-Bearing Certificates of Deposit Issued for Fixed Periods. Interest Allowed to Ranks on Current Daily Balances. Special Rates given to Banks Kee) Accounts with us and Drawing Direct om our Branches and ts Throughout the World. CORRESPONDENCE INVITED. American Mail ‘Travelers’ CE ED. Please note that the INTERNATIONAL BANKING CORPORATION is in no way connected ‘with the INTERNATIONAL BANK & TRUST COMPANY OF AMERICA.