EN18
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2 revisions | Jannyp at May 01, 2021 05:15 PM | |
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18RENO'S LAST FIRE. Individual Losses of Reduction Works Shareholders. The Reno Journal places the loss at $50,000 incurred through the recent destruction by fire of the reduction works in that town. The fire originated from sparks from roasted ore that was being hoisted through an elevator. The insurance amounts to $10,000, and will cover the company's overdraft at the First National Bank, leaving nothing for the stockholders. An extra $10,000 insurance was placed about two months ago, but Mr. Farrington thought it too expensive and the policies were cancelled. Archie Farrington is the principal stockholder. D. A. Bender, C. T. Bender, R. L. Fulton, A. H. Manning and H. H. Beck are stockholders and losers from $500 to $3,000. | 18RENO'S LAST FIRE. Individual Losses of Reduction Works Shareholders. The Reno Journal places the loss at $50,000 incurred through the recent destruction by fire of the reduction works in that town. The fire originated from sparks from roasted ore that was being hoisted through an elevator. The insurance amounts to $10,000, and will cover the company's overdraft at the First National Bank, leaving nothing for the stockholders. An extra $10,000 insurance was placed about two months ago, but Mr. Farrington thought it too expensive and the policies were cancelled. Archie Farrington is the principal stockholder. D. A. Bender, C. T. Bender, R. L. Fulton, A. H. Manning and H. H. Beck are stockholders and losers from $500 to $3,000. |
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