Schooner Royal Albert Sunk. - The schooner Royal Albert, Capt. Conley, left this port about 9 o'clock last evening, bound for Toledo with railroad iron. When about 10 miles off Little Sodus she filled with water and went down, the crew barely having time to escape in the boats. They succeeded in getting ashore and arrived here this morning.
The Royal Albert was owned by Mr. H.C. Bolland, of this city, and had recently been fitted up for the fall trade. She was a good vessel, considered perfectly safe and staunch, and there is no explanation of the strange affair, unless the iron may have been so loaded as to spread and burst the seams.
The vessel cost Mr. Bolland $10,000, and was insured for $7,000, and, of course, will prove a total loss. Mr. B. has always been one of our most faithful, diligent and prudent men in business, and we sincerely sympathize with him in the pecuniary loss, which, to him, is a severe one. he has been in the employ of Messrs. Smith & Post for some ten years, during which time he has enjoyed the full confidence of his employers.
While he was afflicted with a disease of the eyes which rendered him almost wholly unable to be of any use to them, they still retained him in their employ, a mark of kindness which is fully appreciated on his part. We also understand that he is under pecuniary obligations to the firm for aid in purchasing and fitting out the vessel. Mr. Bolland is a worthy and respected citizen and we hope to see him go on and prosper in business, notwithstanding his present discouragements.