THE ARGYLE'S FATE
Well Known Lake Boat Must Be Sold.
Justice Teetzel, on Thursday, made a final winding up order in the case of the Lake Ontario Navigation company that will be followed by the sale of the well known steamer Argyle, formerly the Empress of India, lying at Portsmouth. The company has a capital of $22,000 and debts of $11,000, and it is hoped that enough will be secured from the sale of the vessel to meet liabilities. There has been a bitter struggle within the company as to the sale of the vessel. President Hutchinson, Jude Morson (who was treasurer), and William Douglas have taken the ground that the sale was the only means of discharging the liabilities, including the mortgage to the Imperial Trust company. A majority of the stockholders, consisting of Capt. John Hazlett, (who holds $8,000 of stock), and Messrs. T. Long and Watson, of Port Hope, and Carrick and Arnold of this city, have been trying to keep the vessel on the lake. They appeared some time ago before the court and tendered a marked check to cover the company's entire indebtedness to the loan company, outside of which at that time the company's liabilities were trivial. This payment the loan company refused to accept, nor did the court enforce the acceptance. The majority of the stockholders say that twelve months' attempts to effect a settlement have utterly failed owing to the unreasonableness of the minority. The majority offered to buy out the minority at seventy-five cents on the dollar, or to sell out their stock to the minority at sixty-five cents. The boat has greatly depreciated in value under interim liquidation operation. Lloyd's insurance was formerly procurable at three and one-half per cent against all risks; in 1907 it cost five and one-half per cent, and seven per cent, while this year it is declined by reputable underwriters. It is doubtful now whether the boat will sell for enough to meet liabilities, all of which is directly due to the liquidation proceedings.
p.3 The tug Emerson, on her way to Kingston, ran aground on Friday night at the head of the Morrisburg canal. It is expected that she will be taken off this afternoon.
There were no arrivals or departures reported at the M.T. Co. today.
The steambarge McDonald cleared from the cotton mill for Oswego.
Swift's: steamer Aletha from bay ports; steamer Rideau King from Ottawa tonight.
Richardsons': steamer Simla cleared for Fort William; schooner Ford River will clear for Charlotte with feldspar at midnight; sloop Maggie L. cleared for bay ports with grain.
Owing to the heavy wind storm last night the steamer Alexandria was unable to stop at Gananoque on her up trip. The gale was a severe one and small boats caught in the storm had a lively experience.
Personal Mention - Capt. Charles Martin, of Kingston, met with an accident on the tug Emerson, aground at the Morrisburg canal. While working on the wheel his collar bone was broken.
BELLE OF THE LAKES.
The old schooner Erie Belle, which has lain in the harbor at Chippewa for the past dozen years, is now being dismantled. Her works over the waterline will be destroyed and the portion of the hull that lies below the water will be fixed up and used as a tool scow.
The Erie Belle was at one time the belle of the lakes. She was a three master with double topsail and topgallant sail. She was the only schooner on the lake with five jibs. On her masts there were three bells in token of her name. She was built by Youell, of Port Burwell, in 1873, and was sailed by her owner, Capt. John MacDermott, a Highland Scotchman. She was next under the command of Capt. Duncan Macleod, and during his time she once met with a serious mishap on Lake Erie. In a heavy storm she was dismasted. The tug Mary took her to Port Huron for repairs. Her last owner and master was Capt. Duncan Munson, who now lives retired in Brantford. She had taken a load of pulp to La Salle, and while unloading the crew went on strike for unpaid wages. The story runs that the captain, seizing a favorable opportunity, single-handed, ran her out into the Niagara river and getting the help of a friendly tug slipped down to Chippewa and tied her up. Here she was seized by a Port Hope bank that held a mortgage on her and it was destined that she should never sail again.
She was a trim schooner on the day she reached Chippewa, and as the weeks and months went by she rotted to pieces. Today you could crush through her timbers with your foot. Were you to jump on the deck you would be in danger of going through.
The Erie Belle has been sketched and photographed a thousand times. One artist came all the way from California for the purpose. An authoress from the sunny south wove her into a story in a narrative for boys.
p.12 Wolfe Island Council, June 3rd - Accounts paid: James Crawford, one month captain, $50; R. Mullin, two month's engineer, $133.32; James Davis, 31 days mate, $41.35; E. Walker, 31 days fireman, $36.16; R. Keil, 31 days deckhand, $20.66; John Crawford, 31 days deckhand, $20.66; G. Keegan, 31 days purser, $31; Mr. Hagarty, 31 days cook, $20.66; Mrs. Rawley, washing, $1.90; E. Briceland, manager, 1907-8, $60; G. Keegan, 745 meals, $89.40; G. Keegan, amount of account, May, $3.73; Lemmon & Son, amount of account, April, $3.70; Jackson Press, $13.50; Mahood Bros., $4.50; McKelvey & Birch, $21.60; Calvin company, 1907, $52.40; Calvin company, 1908, $241.22; Robert Bustard, 2 days work, $2.50; James Swift & Co., coal, May, $187.16.