OCR Interpretation

The day book. (Chicago, Ill.) 1911-1917, December 27, 1915, LAST EDITION, Image 4

Image and text provided by University of Illinois at Urbana-Champaign Library, Urbana, IL

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83045487/1915-12-27/ed-1/seq-4/

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Kavanagh he said he didn't under
stand it and he did not believe the
judge who wrote it understood it
The injunction was not dissolved.
Abel Davis then threw open the
doors to the Abstract Construction
Co. transcribers with instructions
they could copy only current records,
daily work. While this compromise
was on a new battle was started by
Chicago Title & Trust Co. One of
its employes, A. R. Marriott, started
suit against Jerome Danforth, head
of the Abstract Construction Co.
Wilson, Moore & McHvaine went be
for Judge Windes and asked an in
junction to stop the new title com
pany from copying records, It was
argued Marriott was a taxpayer and
a new title company would take
away business from the county re
corder's office, reduce county reve
nue and affect taxpayer's interests.
Tudge Windes denied injunction. It
went to appellate court and Judge
Edward C. Brown. He affirmed lower
er court's decision. Supreme court,
in ah opinion by Judge Vickers, Oct
26, 1908, upheld lower courts.
So for three years, while Abel Da
vis was county recorder, a new title
company organized to compete with
the county and with the Chicago
Title & Trust Co. was blocked from
copying records.
When the long battle was over and
the Abstract Construction Co. estab
lished its right to copy records, what
Abel Davis took a hand in it. He
brought in capital to it from the
Greenebaum Bros., bankers, and Ju
lius Rosenwald, capitalist. He so
licited a fund of $250,000 so the con
cern could have a regular trust com
pany department. It was reorganized
into the Real Estate Title & Trust
Co., capitalized at $1,500,000. With
the Greenebaums and Julius Rosen
wald backing it, and with the county
recorder as president of this new
formidable competitor, there w"Ss
nothing for Chicago Title & Trust
Co. to do except to buy out the new
company. It was bought at full cap
italization. A monopoly must either kill or eat
its competitors. In this case the mo
nopoly chose to eat
Judge Marcus Kavanagh was
slated for silent treatment. The
Hamilton club gave a dinner to Re
publican candidates for circuit judge
ships. All were invited except Kav
anagh. The chairman of the political
action committee of the Hamilton
club arranging the dinner was Frank
B. Gardner, an employe of the Chi
cago Title & Trust Co. The move
failed to stop Kavanagh's re-election.
That he should be the only one of
many candidates left out at a dinner
managed by a Chicago Title & Trust
Co. employe was the subject . of
o o
Rome, Dec. 27. At least 150,000
Albanians have starved to death in
last year and same fate awaits an
equal number during coming year,
according to W. W. Howard, owner of
the American Relief schooner Al
bania. Howard has just reached
Rome after distributing two hundred
tons of flour to starving Albanians.
"The crops have been a failure for
the past two years," said Howard.
"To the normal population of 1,000,
000 have been added 200,000 Serbian
refugees, who arrived without food
and possessing onlly worthless Ser
bian money. And they brought with
them 20,000 Austrian prisoners who
must be fed.
"Two years ago the Greeks de
stroyed 225 villages in the Berah dis
tricts and the Serbs more than 100
villages in the Sanjac region. It has
left a joint population of over 200,
000, which is today homeless and
without food. These people are dying
by the thousands."
o o
Monmouth, III. Fire of unknown
origin destroyed 6 business houses at
Little York. Estimated-loss flOOiOOO,

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