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Mancho. 4,000 F. Sabichi to the arrangementmettee Mr. Hazard again as made, appointed objected and would did by not be a want a that there coma committee slate fixed for up. to fear He nominate wanted names this and for be mittee simply committee, made the voted permanent upon by the meeting. accordingly, He which an amendment of a second. failed for want D. Gould wanted the care meet- to Mr. Will keep cool and did on not the committee. havean Ing to attorney His remarks serve elicited some Mr. on applause. Turnbull the representing commitof Mr. after advisory following the D. Rivara, ing tee $8,000 The in place Robert wasappointed.org committee for retir- a C. Wiley. permanent nominated committee: and H. considE. Long, stated that he Mr. himself in every way ered G. Freeman personal a creditor member foot & of this a meeting-as representative of Temple is on and Workman. A estate movement into bankruptcy commisthrow controlled by the and sioner to have the it Francisco in a property. interin preferred San liens in the should of that bankruptcy creditors, and that the action Workman in believed ests Temple he this He be believed avoided thought meeting & by He to all sanction it of was the in the that the appointing purpose estate the of of assignees. the assignees and leave hands of dollar for dollar & Workwould large pay surplus for disposed Temple of by San reman, whereas parties, if it would not Francisco on the dollar. sense alizeten cents of gaining the of the advisory committee to as week. of Mr. for was taken one that On For the motion the meeting, purpose Mr. the Barrows Freeman opinion report a moved vote an or in Through vote against awkward misunderstanding . bankruptcy. the affirmative, the they and seeing to do it over. was largely that they in had blundered folwent back Eastman then offered the that is hereby of lowing: It Mr. creditors resolved Temple the ex- is & against Workman's pression throwing of the Bank the here estate assembled into bankruptey. this motion was under arose con- and sideration While Judge Thompson a full discussion that stated that he wanted He believed assignof the proposition. be impossible for the to discharge all of the if this cut ees now it would encumber nearly the property mortgages could prop- that up be erty, whereas incumbrance and realize relieved of its parcels it would into small creditors than more for of disposal. authority other way the on reliable He had payment by been that any informed Baldwin refused unless to accept interest were item his mortgages making an to fees and about $430,000. estate would be for of paid of up maturity, the The the bank- hands costs no closing bankruptcy up than in the more in According appointed to by the and he majority midst, whom a man in our He of a be rupt law assignees. of receiver the to creditors, trust. is said: we may can "I all be willing is fraud enough to apparent set it believe there Baldwin mortgage take his and compel creditors. How is it that aside chances in the with the other him Sanchez to he holds ranch (Ap- the plause). transfer in of El the Monte, making 5,000 acres worth this holds and and absolute altogether besides property estates?' mortgages that $110,000, espe- the on all Mr. the Freeman other explained the Judge transactions referred were actual from Mr. Thompson, cially Judge Temple. little which improvement resuming: purchases "That many in makes a there are appearances, but to be explained. hands things remaining in the of There Baldwin are mortgages to the or amount three of hundred three in hundred and thousand forty dollars-$ more $310,000 in anand fifty item and $30,000 or only received other. one For this Temple was to bear in$250,000. The rate money of 2 per cent. draw per month, terest at but the they did not and like so to they at this rate interest and the paper one-half of the and the notes then stood computed added at one it per to cent. the principal, a month. The matter $250 000 60 900 Cash Interest advanced... included $310 000 and ruinous Mortgage This arrangement exacted was a sort of double The oppressive interest it upon interest. of bankcompound speaker thought set that aside a Court all could preferred not ruptcy could the assignees of havclaims do. He which was decidedly put into in bankruptcy. favor to ing the estate spoke in response with the Mr. Eastman disagreeing Tudge these remarks, in every point except in calling
