The San Francisco Call. Newspaper, June 30, 1906, Page 2

Connecticut Stockholders In- THE SAN FRANCISCO CALL, SATURDAY, JUNE 3 TRANS-ATLANTIC POLICY HOLDERS | RELIEF FUND FINANCIERING. FORM A PROTECTIVE olla Will Act InEpendent of Merchants’ Greater Organization. “Dollar-for-Dollar” Companies | Have Good Moral Effect | on “Six-Bitters.” 5 Latter Sees Ruin of Business Through Their Pursuit of - |Lively Discussion Pre- Shaving Policy. cedes Decision for Separate Body. Committee Will Inves- e tigate Condition of . German Company. Condition of the Tranmsatlantic Fire Insurance Company: | | | crease Corporation’s As- sets $1,000,000.- Capital paid up......... ... $300,000 as Capital subseribed amd sub- Jeet to call.. aesn . 1,200,000 s Surplus S My 5 464,326 s Total assets . . .§1,964,326 San Franclsco losses—Ilowest the r urance Company g Germany, a compa not vet paid one cent of its met yesterday ge Kerrigan's court- »d themselves into an for the protection of their s the ent of 1 some eq s by ts browbeating )RDERS SQUARE DEALING. ¢ insurance corporation. To- il ¢ these policy-holders represent- ' t $1,000,000 in insured losses. r th to investigate the af- b s c and to act 3 sociation formed busines: men of this city last was This decision, how- s d only after a lengthy . the fioor , himselt heavily insured atlantie, vigorously op- wization of the policy- rela g 1 ociation He was p X 3 v others in the room. . 3 the futility of such an or- in the ight of the promises Policy-holders’ Protective sald separate organiza- injure the parent associa- could best aid the policy- curing their money. TO INVESTIGATE. He ould g tion, which “DOLLAR-FOR-DOLLAR™ COMMIYTT! = s epiin lter H. Linforth,” Wil- Tk rey, L. B. Hall and = i that separate organiza- object could work bet- % zation which had to B re rights of the assured ) compan This view pre- the p holders unani- for er H » separate organi- Linforth was made n the temporary organiza- 24820 47 J. J. O'Toole -seeretary. It sense of the meeting that olicy-he send his insurance appoint a tigate the and to re- r should de the in at Coast Agent at the Trans- > capital of ribed capital of $1,- of $164,326. Thi the Trans- npany also the payment of the reinsurance doubtful. The lantic In San $4,000,000. is a safe as- is protected, vy of the stock- Insurance Com- see that this capital is to the policy-holders of settlement comes. id that-in his opinion if he company were placed man Government the would.- probably make e losses e of this city were heavy n the Transatlantic. L. represented $350,000 isurance at the meeting lders p B. Hall of ( Chinese tigating few days. Linforth will committee within the next oP S PERMANENT OFFICES. The Traders’ Policy-Holders' Company Ready to Ferce Settlement. Policy-holders’ Com- incorporated policy-holders efunct Traders' Insurance Com- Chicago, The pany, t of ders iquarters at 27 Gay and ansfer. adopted a It is the plan y-holders turn over to the corporation for he forms adopted by the resterday will be sent to all *y-holders who belong to the corporation. ‘We are Determined The eiver of the Traders' has not f/.‘a[. made further move toward settling the ]I/u]-lds(r()m ffairs of the defunct company. The Hats shall be inseparably linked with e nameof Greater San Francisco 25 always be worthy of the Golden Gate city a3 they have been in the past. Lupd- s 7om Hats_ represent the besi quality that produced for the money From factory Price $2.50 2nd $3.50 5. the latest styles, shapes and col 1477”&‘E 4 530 Hoight S, Kear Fllmors; An¢ King Solomor's k. Flmore, ir. Suttr Hiat Department * The Hub." afternoon k pointment as well as the ring the Traders' an insol- nt’ company. They claim that this action in the lilineis courts was merely an attempt on the part of the stock- holders and directors of the insurance company to avold responsibility for the losses incurred by the San Francisco fire. TO ADD TO CAPITAL. . Action Taken by the Hauover Fire In- surance Company. NEW YORK, June 29.—At a special meeting of the Hanover Fire Insurance Company today, it was voted to in- crease the capital stock of the company from $500,000 to $1,000,000. This action was taken as the result of the losses sustained by the company In the San Francisco fire. The new stock will be jesued at $150 a share, thus adding {$750,000 to thescompany’'s resources, | FOREST FIRES ARE RAGING q | NEAR RANCHES IN DRY VALLBY ‘(' iderable Timber Is Destroyed ane the Flumes Are Threatening | . Much Valuable Property. EL PASO, Texas, June 29.—Tele- grams from Nuevo Casas Grandes, Chi- | huahua, around.which are located the | Mormon colohy,” state that destructive | forest fires are raging there and that | the timber~had been damaged consid- | erably. % 5 0Q gm o | A télegrim was redelved uay from | Lord Beresford, brother “of ~ Admiral | Lord Beresford of England, calling for | assistance to his Objitos ranch. INDIGESTION | = rFire 1s also reported to be ysiolon, = 'pear the ranches in Dry Valley. CELESTINS oo 13 Ask your s appoint the | has opened perma- | 3 Eddy street. | irectors of the new company met | policy-holders have determined to at-| ASSOCIATION German of Peoria Offers Fifty Per Cent Settlement to Policy Holders. | AgentDeclares Insurance Com- ' pany s in State of Insolvency. | Liabilities of arporation Are Three Times Its Avail- able Assets. OAKLAND, June 29.—Fifty cents on the dollar is what the German Fire In- | surance Company of Peoria, I7l, is now | offering 1ts San Francisco policy-hold- | ers who sustained fire losses. D. Dun- |can of Duncan & Rehfisch, agents for | the corporation, is advistng all claim- | ants who wait upon him to accept the half-dollar settlement. He says that in his opinion the company is not now and probably mever will be in a posi- | tion to pay a larger percentage. Fur- thermore, Duncan says the time peome when the German of Peoria will 'mot be able to pay even 50 cents on its d that the comp;uy is even now threatened with | being thrown into imsolvemcy. Secretary Charles Cremer of the Ger- man of Peoria, who left here some days ago after withdrawing the company's adjusters from the San Francisco field, {has intructed Duncan & Rehfisch to inform all policy-holders whose losses were total that if they are satisfled to accept 50 cents on the dollar their claims will be sent on to the home office and payment made by draft. Dun- can stated today that policy-hold- ers whose claims aggregate nearly $50,000 had agreed to settle with the company on the 50 per cent basis. The liabilities of the German of Peoria in San Francisco, according to Duncan, can be scaled down to $1,000,000. surplus and capital stock of the in- | surance corporation are given at $360,- 000, and this amount the directors and stockholders intend to increase to $500,000 by subscribing $140,000 from their private funds. SORRY FOR SHOWING. R In speaking of the affairs and finan- cial status of the <German Peoria Duncan said: “Yes, I am a general agent for the German Peorla and sorry for it. How- ever, I am trying to make the best of a bad financial failure and assist those who have suffered a double loss be- cause they were policy-hoiders in the German Peoria. 1 mean to sever my connection with the company just as quickly as possible, and 1 mean to ex- ert myself to have every San Francisco claimant of the company get as much as he can under the clrcumstances. “The San Francisco disaster has sim- ply put the German Peoria iImto the state of Insolvency, amd I do mot see how the company can continue in busi- mess, althongh some of the officers of the corporation affect to believe that they can compromise their Sanm Fran- cinco losses, weather the storm and re- sume busimess elsewhere. How any conecern can pay a million-dollar debt with half a million dollars and continue in the field of business homor is a situation that passes my compre- hension. “Because of my Xnowledge of the financial condition of the German of Peoria I have advised claimants to ac- cept the 50 cent offer. I honestly think that this offer is the best the company will be abie to do. I have in all of my dealings with the policy-holders of the German of Peoria during the last two months explained to them the exact status of the company as I knew it and advised them in a way that I believed was to their best interests. This pas- time of being a buffer between a suf- fering arm of honest policy-holders and a sinking insurance comapny is not one that 1 would select as a recre- ation, but through it all I have acted honorably.” STATEMENT OF COMPANY. Duncan & Rehfisch became the gen- eral agents of the German of Peoria one year ago. Prior to that time the | agents of the corporation were Gutte & Frank. Bernard Cremer of Peoria ie president of the company and his brother Charles is secretary. . The Cre- | mers are also engaged in the newspa- per business in Peoria. H. E. Sieberns is vice president of the German of Pe- oria and Michael Pfeifer is treasurer. According to the thirtieth annual state- ment issued by the company the assets and liabilities of the company on Janu- {ary 1 of this year were as follows: ASSETS, Mortgage and collateral loans.$274,025.60 Real estate 66,000.00 Bonds and stocks. 288,388.00 Accrued Interest 11,663.09 Cash in banks,.. . 164,961.77 In course of collection, ne 102,992.91 Total ......... PRI RR 908,031.37 LIABILITIES. Capital stock . . $200,000.00 Re-insurance re 506,671.63 Unpaid losses 40,760.75 Net surplus 160,598.99 Total s $908,031.37 e To the East in a Tourist Sleeper. The comfortable accomodations offered’by the latest style tourist sleepers. which are carried on the Santa Fe Overland Express, are very at- tractive. There is & considerable saving in money, and they are cool, clean and comfortable. If you are going Fast on one of the back East excursion tickets, or going one way only, write or call upon the Santa Fe agent, Ferry Building, | San Francisco, for full information relative to | these cars. . —.— RELATIONS WITH GERMANY CAUSE OF UNEASINESS | Kaiser's Government Urged to Come to | Definite Understanding With | United States. | COLOGNE, June 29.—The Gazette in |an Inspired article affirms the correct- |mness of the statement that the present state of the German-American question is causing Emperor Willlam embar- |rassment and that in order to master |the difficulties it is absolutely neces- sary to respect obligations undertaken. | Germany, the article says, confldently hopes that the United States is not thinking of withdrawing from its obli- gations, but that it will fully carry out its concessions. It is the business of the Government, the Gazette asserts, | to come to an understanding with re- gard to internal legislation, as Ger- many can only hold the United States |to concessions given in authoritative form. e O A Guaranteed Cure for Piles. ing Piles. Your dru st mgney it MEN":"" ST P. fails to cure you in 6 to 14 days. §0c. 3 —_— Allowed Meat on Friday. ST. LOUIS, June 29.—Catholics in St.. Louis and throughout the United States ate meat today without violating their religious obligations, a special dispen- sation having been granted by the Pope in order to observe the feast of St. Peter and Bt. Paul. This 18 the third time during the reign of Pope Pius X that this has granted to Catholics in the United . ¥ —_———— To Cure a Cold in One Day D;lu '-“"'"'g' lgrc:n ‘qm::' .‘ ’l'tbht:.h i refu ond fails tur:: .l‘.g.anvo'- slg. n; each box. 25¢ will | The | Itching, Blind, Bleeding or Protrud-| Continued from Page 1, Columns 6 and 7. pointment of this committee with a Yours very truly, Finance Body Holds an Open Session: The members of the finance committee sprang a surprise upon the representatives of the newspapers yesterday afternoon. into the usual secret session behind locked doors the business of the day was carried on in the open for the first time in-the history of the At the gathering Tuesday a motion was made t6 allow the committee. public to remain throughout the sess F. W. Dohrmann was elected to ing the California branch of the Re claim of $2700 for canvas confiscated to provide shelters for the homeless. The sum of $3880 was voted to defr: supply at Port Costa. sold. The balance, $100,000, is to be dollars was granted to pay -for automobiles used in relief work during the first weeks following the d.saster. In connection with the flour sale, Dr. Devine submitted statistics which he considered of interest to the committee, although Chairman Phelan expostulated, “The flour is sold. closed.” “We find that the entire consignment of flour from the Minnesota millers is 51,800 bags, or approxim said Dr. Devine. “We have consumed and on band flour amounting to more than this, and we have still to receive a portion of the Minnesota consign- ment. I have accordingly sent a tele- gram to the Eastern millers stating that protests against the selling of their flour below cost is without ground, as the flour is still retained in the warehouses of the relief commit- tee.” HEALTH BOARD'S BUDGET. President James W. Ward of the Board of Health estimates that it will require an expenditure of $33,756°a month for the board to look after the sanitation of ‘the varfous camps that are located in this city for-the refu- gees. With the aid of Dr. Ragan, Health Officer, and Dr. W. C. Hassler, Chief Sanitary Inspector, a budget was prepared yesterday afternoon, which will be submitted to the commlt}ee, showing where the money will be spent. In addition to the $15,000 a month that the Board of Health now receives at the hands of the relief committee, it is es- timated that $18,000 more, in round numbers, will do the work. Dr. ‘Ward states that it is the intention of the board to reappoint as many of the men who are now employed in the sanita- tion work as possible, and to branch out later if that is found necessary. The estimate is as follows: HELP REQUIRED FOR PERMANENT CAMPS. 16 surgeons, at $100 a month, $1600; 12 ph”“fadstuis?)t $90 annt\honth. 6(}980‘; 16 rses, & & month, i watchman, &t $100°a month, $100; 111 ers, at $75'a month, $8325; 12 sin- lnlgm;enms, :.t §5a- day, $1800; total 13,865, In addition to these sums an appro- priation of approximately $15,000 is re- quired monthly to maintain the work of gathering garbage, incinerating same, distribution of disinfectants, buflding of latrines and other emer- gency work by a labor: crew of six men, maintaining drug storehouse, six district sanitary inspectors and trans- portation. spectors and transportation. : RECAPITULATION. Sanitation of unrecognized camps, 20: help for permanent camps, $13,- 365 Board of Health appropriation, $16,000 total, $33,785. This does not inciude the establish- ing of the Reed troughs, thirty-eight in- number, nor does it includé the full estimate of Major Gaston's first re- quirement for help of permanent eamps! | TO CONTROL SANITATION. Relief Committee Gives WII“ Over to Health Board. The Relief Commission decided at its meeting yesterday morning to allow the Board of Health to have full con- trol of .the sanitation of the camps and the Hospitals. It will also carry on the scavenger worlk. This step was taken upon the recommendation of Commis- siomer Morsan, who had been in confer- ence with Dr. Ward of ‘the Health Board. Major Gaston approved of the plan, the understanding being that the camp commanders were (o have full power of ~appointing the scavengers and laborers, as he would hold them responsible for the state of their camps. This arrangement places the ap- pointment of all surgeons, nurses and other hospital-and sanitary inspection emploves with the Board of Health. The expenses of the department, which will run in excess of what the munici- pal governmert has provided, will be submitted in a budsget to the finance committee for payment. Major Gaston, after eliminating all expenses involved in sanitation and hospital work, submitted his budget. This provides for all salaries of camp employes and includes proposed con- struction work. About $9691 will be needed for July salaries. For con- struction work, including an emergency fund of $6000 for work in new camps, $26,896 will be required. BUDGET CALLS FOR $69,525. The commission adopted the follow- ing budget to be submitted to the finance committee. The grand total of $69,625 is exclusive of provisions and clothing which are expected to be do- nated from interior towns: Executive office Relief stations. Management of b Construction, transport. in camps .... Clothing warehonse. Provisions warehouse Transportation of supp; Private hospitals........ Total . Vidpesusinoyss SUMURY Major Gaston is besieged by appli- cants for jobs. “I have had five hun- dred men hanging upon my coat tails trying to secure positions In the vari- ous camps,” he sald to Colonel Pippy. “I have referred all applicants to the civilian chairmen of the camps. They will have full power of appointment. These appointments must be in by Monfiay morning, when the new sys- tem goes into effect.” Commissioner Moran, in recom- mending that the Health Board take -$ 5,000 charge of the sanitary work, based his. decision on three facts. “First,” he sald, “they are better acquainted with the work on hand and are empowered by the municipal government to at- tend to such matters. By allowing them to assume the responsibility of the situation it will assist the depart- ment and bring things into the normal channel more speedily; second, officers of the department are in office and un- derstand the 'scope of work by depart- ments; third, charter make them responsible for the condition of hospitals and the re- striction of infectious diseases.”” Mo- ran sald he had not investigated the expense, of the project, but believed it would be less than the present outlay. NO CONFLICT OF POWERS. Dr. Devine asked to what extent the camp commanders and the Board of Health will be apt to.conflict. Moran answered: “The Board of Health will only ‘make appointments after con- sultation with the division chiefs,” This power was afterward restricted, ving the camp commanders authori o to appoint scavengers and laborers. ernmer ese employes will be under the pay the m Two hundred dnd fifteen thousand dollars was re- ported turned into the coffers of the committee in part payment for flour their duties. under the] view of achieving the object desired. E. E. SCHMITZ, Mayor.” Instead of going ion, but it was decisively voted down. a seat in the committee as represent- d Cross. F. Thoms was granted his ay the expenses of handling the flour paid upon delivery. Sixteen hundred Gentleman, the incident is ately a li.ttle over 2,000,000 pounds,” of the hedlth officials, but will take their orders from the heads of the| camps. Dr. Ward of the Health Board stated | that the Health Department would be| increased to accommodate itself to the new conditions. Dr. Devine stated that Colonel Torney favored such a plan. - A report was received from Dr. J. R. Devereaux, which recommended the| abolishment of the Deer Park Hospital | and the removal of the patients to the | city hospitals and the St. Luke's Hos-| pital ‘at the Ingleside racetrack. He | recommended that the convalescent and | chronic invalids be sent to. the hospital | at the ‘racetrack and the more severe cases to the city institutions. BRITISH HAVE KIND WORD5 FOR DAUGHTER OF THE PRESIDENT Luncheon in Honor of - Longworths. LONDON, June 29.—The Socfety of! American Women gave a luncheon to| | Embassador Reid and Mrs. Reid and | | Mr. and Mrs. Longworth at the Hotel | iCecll today. The guests included be- | | sides the Reids and Longworths Lord | Roberts, the: Duke and Duchess of | Marlborough and Lord Curzon, former | | Viceroy of India. Mrs. Webster Glyne, | | who presided, in proposing the heaith | | of Mr. and Mrs. Reld, sald the welcome | was arranged last year, but unfortu- | | nately was deferred on account of the | |death of Secretary Hay. Mr. Reld | | thanked the ladies an | for not making a speech. The Duke of Marlborongh, in pro- posing the health.of Mr. and. Mrs, Longworth, spoke. of the interest Eng- lishmen took /in the political utter- ances of President Roosevelt and In his: great .pojitieal career, saying that the. President's high aims, courage and manliness commanded, the admiration, | good will and enthusiasm of ‘the Brit- | ish. Recognizing the President’s great qualities, the British had gladly wel- comed his daughter, and. now they had met her they regretted her early | departure and hoped she would retain | for England the kindly feeling and in- | ;‘eres! which England would retain for | er. | Mr. Longworth replied, thanking the | |‘American ladies for their courtesy and | | expressing the pleasure experienced by | | himself and his wife at the kindnesses | | they had met with on every hand. | Lord Curzon, speaking for the guests, | said it had been a great pleasure for them to meet the daughter of the| greatest statesman of the day, not only | because she was the daughter of the | | President, but because " of herself. | President. Roosevelt, he added, was| making an-enduring mark on the. his- | tory of his times, but, above all, the| British had to thank him for cement- ing the good relations existing between | the two peoples. | Mrs. Reid and Mrs. Longworth after- | ward attended a reception of the Ly- ceum Ladies' Club. “COLEY” CARNEGIE WILL BECOME L_A!RI] OF SKIBO Reforms and Will Be Made the Heir of His Uncle, the Steel King. SPECIAL DISPATCH TG THE CALL. NEW YORK, June 29.—“Coley” Car- negie, youngest son of the late Thomas Carnegie and nephew of Andrew Car- negle, has gone into heavy training for the lairdship of Skibo. “Coley” climbed | aboard the water wagon six months | ago, and, although.the sirens of the Holland House whisper ill-health as the cause, the wise young members ot the “Pittsburg crowd,” always to be found at the brass rail of the bar, de- clare that ‘“Coley’s” reformation is a cure for gold rather than a gold cure. Uncle Andrew wants a male heir to take up the line and head of the house of Carnegie on the other side of the big pond. Coleman Carnegie has four brothers—George L., who married a sister of Harry K. Thaw; Frank T, Motris and Willlam—the latter the eldest and smallest of the steel king's nephews. These boys, and boys they will al- ways be, are in the center of the stage on the white light district, through their intimacy with the Thaws—that other Pittsburg family now heading the public attention on account of the ‘White-Thaw tragedy. The ' present laird of Skibo said some years ago after the chronicle of the escapade of one of his kin: '_“There i{s not a male of the name of Carnegle fit for fish bait.” Two' years ago Uncle Andrew de- cided, however, that there was good timber in his nephew Coleman. “If ‘Coley will straighten up,” An- drew Carnegie’announced, “I will take him to Scotland and make a real laird of the boy. £ o —_— Italy to Lower Interest. 9.—The Government to- Parliament a bill pro- Also Laud MTRoosevelt at a| d excused himself | NEW DAVIS THEATER WILL Show House on McAllister Street Will The new Davis Theater opens tonight on McAllister street, near Fillmore. A musical comedy, | kler,” will be the opening production. “Going like hotcakes.”” Lotsin Burlingame Last Sunday 15 lots were sold by us in Burlingame—100 have been sold since the fire. Burlingame is the best place to live. Un- surpassed as to climate—healthful, beautiful, and only 28 minutes from the city, on the nght side of the bay, with fine water and sewer systems. All of our lots are near Burlingame Station proper. Prices $450 Upward $50 Cash. $10 Monthly 3050 or Larger Can you equal these prices or terms? -Come down today or Sunday on the Mission- stréet electric cars and see for yourself why lots are going so fast. The bay shore “cutoff” will be finished by the first of the year, reducing time and doubling T IYNG HOAG Burlingame, or 1923 Fillmore Street and a the at- Excellent music, fine dancing corps of pretty girls will be tractions. The management has made arrange- ments through a New York agency to secure some of the most up-to-date musical comedies for future produ tion at the new theater. Gertrude Eula- e, 2 New York favorite, will star in the play tonight. GIVE FIRST PLAY TONIGHT Produce “The Sparkier,” a Musical Comedy. entitled “The Spar- stoek of $1,000,000 divided into 10,000 thereto a met surplus of 81 $500,000 ench. Nearly §400,000 ing guarterly payments fall due September March S0, c‘“’l"‘l"nl.l.Al"“n-“ Commission FRANCISCO, AND IS NOT AFFECT] i ymen boiders of the new corporatiom, brings It: icies, contracts or guarantees. of the ol the mm.olle" will present their policies to the agents of the old Fire- m: WILLIAMS HARDWARE & STOVE CO. STATEMENT OF THE FIREMEN’S FUND ...INSURANCE. CORPORATION Oakland, Jume 28, 1906. May 16, 1906, with a ecapital addttion payable in has already been paid in in cash. 20 and December 20, 1906, and an insurance business by the ay 19, 1906. DESTROYED DISTRICT OF SAN BY THAT CALAMITY. ew corporation, even at this time, is financially stronger than rance companies operating on the Pacific Coast. assumed the outstanding, unburned lHability of the old Fire- Fund Insurance Company, for which service it has received adequate This compensation, together with the cash pald In by ¢ stoek- resent cash asse mearly eeting its llabilit pol- The arantee of the new corporation will be endorsed om all policies Fireman's Fund Insurance Company net involved im any loss, If This new corporation was organized 20, 1 The corporation was licensed er S NO LIABILITIES IN T all of which is available fo: W. J. DUTTON, President. HAVE YOU SEEN THIS? Bridge Beach & Co.’s latest production. Built to do better- work with much less coal than the next best. Notice the Drop Oven Door, the High Closet. Come and see the Du- plex Grate, the Small ‘Firebox. We have them from $25 set up. Other styles from $7.50 up. We Are City Retail Agents. ! - = Free Delivery Across the Bay. SOUTH SIDE MARKET ST., OPPOSITE VAN NESS AVE. viding tion of the interest on Ttall s from 4 per cent to 3.75 pe ginning July 1, 1906, a_from 50 per cent begin- This would rep- t 34,0 In We Are Pleased To announce to:the hundreds of our friends who have been waiting so patiently for the Domestic Sewing Machines Ordered during the it few weeks that we are So1d by the Southern Bacific C 2 carloads of DOMESTICS, which has been delayed weeks, will arrive ‘“within two When (his car” i recoived we ‘shall rices. from $13.50 up. ur new store. ~ H several ree days.” have machines at all Come to see us at 'DOMESTIC SEWING MACHINE CO. S ‘K,J.‘w,:vmm 3