The Navigation Companies from Inlet to Raquette Lake
Imagine the reaction of Charles Moshier when he received a message in December 1897 from Fred Kirch informing him that three steamers, three scows, a tally-ho coach, buckboards and other property were sold for $5000 cash to brother-in-law Frank Tiffany, especially when a recent inventory by Kirch tallied in excess of $5100.
Frank Tiffany’s plans will remain unknown and if they involved Kirch.
Pages are missing from the diary he kept for this period.
When no proceeds from Kirch’s sale were forthcoming for prorated distribution among the stockholders, Moshier had Kirch arrested in March 1898 and charged with grand larceny.
April 1898 would be newsworthy in more ways than one.
E. H. Myers and Charles O’Hara posted bail for Kirch.
In April, court testimony revealed that Kirch claimed the defect in corporation papers and that he was majority stockholder in what was really a partnership.
As general manager, he had authority to sell the property. Continue reading