Stephen walker liquidating


10-Mar-2017 14:27

The Smith sons took an active role in RRLC affairs, in addition to carrying on the business of Smith & Sons Investment Company. Holman left the active ministry in 1894 because of failing health, and he and Harriet, who evidently was also in poor health, spent the next several years travelling in the Southwest in a horse-drawn wagon and camping out in a tent in an effort to alleviate their suffering. He became treasurer of the RRLC in 1898, and its vice president and treasurer circa 1930. Company (Minneapolis), the Northern California Railroad Company, and the Piute Railroad; the Sugar Pine Sales Company; and the Westwood National Bank. By this time Clinton had also rejoined the RRLC as a vice president ("2nd vice president" until 1933, "vice president" afterwards), which post he evidently held until his death in 1944. This was probably done at the insistence of the family's Minneapolis bankers. Instead, the Walkers managed to get Archie installed as its president, replacing Willis, whose ouster was apparently demanded by the Minneapolis banker/creditors. The records suggest that these lands were later quit-claimed by Gilbert, Willis, Archie, and possibly Fletcher to the RRLC, which eventually quit-claimed them to Barlow. In August 1887, Walker and Akeley entered into a new contract under which Akeley bought a half interest in a long list of Walker and Red River Lumber Company (RRLC) lands. Walker managed and administered partnership affairs out of the RRLC office at Minneapolis, apparently with the complete confidence of Akeley, who meanwhile occupied himself with his H. Akeley eventually retired from active business and moved to California. The file includes a Baldwin University course catalog (1862-1863) and typewritten copies of T. Correspondents include Smith and Baldwin-Wallace presidents Arthur Louis Breslich and Albert B. Biographical information includes numerous short biographical sketches, primarily in pamphlet form, some autobiographical materials, and portions of Smith's working papers and biography manuscript. Dean, president of the congregation's board of trustees (1907), and with James Wyman, chairman of the building committee (circa 1907). A file on the Citizens Alliance of Minneapolis includes copies of its Citizens Alliance Bulletin and Special Weekly Bulletin. Briggs, Alliance president, on its editorial policy and T. ), a compilation of essays by staff members relating their experiences at work on a supposedly typical day. Also included are files reflecting her early interest in women's suffrage and documenting her later rejection of that movement, including tracts (1894-1914) circulated by the Minneapolis Association Opposed to the Further Extension of Suffrage to Women. The subject files include information about the Bethany Home (see Harriet G. The family moved from Minneapolis to Pasadena, California around 1926. She married Frederick ("Fred") Opal Holman (1857-1897), pastor of the Hennepin Avenue Methodist Episcopal Church (Minneapolis), in 1893. Louis Park), and the Thompson Wagon Company; the Minneapolis Land and Investment Company; the Hennepin Paper Company; the Lassen Electric Company (Susanville, California); the Minneapolis Central City Market Company; the Northeastern Ry. By 1930, Clinton and his son Brooks were working together as "Automotive and Aviation Development Engineers," with laboratories and an office at Clinton's home at Piedmont (near Oakland), California. Barlow Realty Company was organized in December 1932, for the purpose of acquiring and managing all of the real estate owned by the RRLC in the city of Minneapolis. At one time some of the lands in Minnesota actually belonging to the Red River Lumber Company were kept in the names of some of the Walkers as individuals. Family members later made attempts to redeem some of those lands. In March 1887, the men contracted to buy timber lands in northern Minnesota on joint account, Akeley furnishing the capital and Walker paying 5% interest on the money advanced in his behalf. Clara Nelson states that Walker & Akeley partnership lands evidently averaged about 200,000 acres; in time T. came to own a 45/64 interest in these lands, Akeley a 19/64 interest. Smith of Minneapolis, a Methodist minister and publicist hired around 1926-1927 to prepare an authorized biography. There is also some discussion about fire protection. Graves, Gifford Pinchot, and other officials of the American Forestry Association and the U. Forest Service; the National Conservation Congress; the California Forest Protective Association; the Minnesota State Forestry Association; the California White and Sugar Pine Manufacturers Association; and the U. Paul), the Minnesota Labor Press Bureau (Minneapolis), the Labor Digest and its editor E. Stevens, and the Northwestern Appeal (Minneapolis). The files also include a copy of a form letter signed by the Republican governor of Minnesota, J. There is some correspondence, as well as mimeographed reports on radical activities in Minnesota, from the Northern Information Bureau. B.) entitled "The Minneapolis Public Library/The Minneapolis Central City Market"; a narrative by T. entitled "The Library as a Public Institution" (circa 1911); and "The Day's Work in the Library" (circa 1910? There is also some information about organizations devoted to the treatment of chemical dependency, including the Hughes' Club and the Keeley Institute.His mother married Xenia widower Oliver Barnes (circa 1800-1868) in 1854. Shasta Forests Company (SHAFCO), a Walker family cooperative corporation, was created to manage the lands on behalf of the stockholders, and to carry out any liquidation of the stockholders' or their agents' assets, particularly timber cutting. The company consisted of four divisions: accounting, land, forestry, and surveys, under the direction of a general manager, who in turn reported to the company's officers. Andrus (1841-1934) was a wealthy New York investor who subscribed to several hundred shares of the Waland Lumber Company. and Harriet Walker and the RRLC deeded lands in Shasta, Siskiyou, Modoc, Lassen, and Plumas counties to the Waland in exchange for stock. The new market building, which accommodated 300 gardeners and included several wholesale stores and retail booths, was opened in 1892; Gale retained an interest in the business and remained as manager. Camp died shortly thereafter, and the Walker interests built a new market building in the spring of 1895. Barlow Realty Company was dissolved effective August 31, 1988. Samuels; a few days later the incorporators sold their interest in Pacific to T. Penwalk was absorbed by the Barlow Realty Company, effective July 31, 1972. Its primary purpose apparently was to produce and sell steam heat from a power plant in the State Theatre Building[? In the 1960s and early 1970s Walker-Pence and the Minnesota Amusement Company (known as ABC North Central Theatres, Inc.) each owned half-interest in the company. The Red River Lumber Company was incorporated in 1884 and was liquidated during the 1940s and 1950s. In TBW Personal Business Correspondence; copy in T. Walker Papers accession file.) Nelson was still writing (and in possession of the papers) in 1955; in fact, she was still writing in 1974 at the time of her death. Gilbert generally joined his father in counseling caution in regard to business and plant expansion, criticizing Willis and Fletcher for their "optimism" and what he and the elder Walker apprently considered excessive risk-taking. Walkers final illness and death in 1917, and letters concerning the Westwood bank (1921), the family's involvement in which both Gilbert and T. Other correspondents include Archie, Brooks, and Theodore Walker; Jesse W. Correspondents include Ernest F., Dana, Hulet, and Walker Smith; T. There is also correspondence with Julia and with Walker Smith.The household included four other children: Oliver W. [See SHAFCO Records, for more information on the stockholder agencies.] SHAFCO did not manufacture lumber. Besides the mills at Crookston, Grand Forks, Akeley, and Westwood, the RRLC operated several smaller mills in northern Minnesota and in northeastern California. The Walkers, through SHAFCO and its successor, Red River Forests, continued for many years to manage much of their California timber land as a perpetual forest investment, practicing selective cutting, tree farming, and other conservation measures. This company, a Minnesota corporation, was originally organized (circa 1905) to construct a mill (never built) in a tract of timber in Shasta County, California. It was largely a timberland holding company until 1926, when it began large-scale timber sales. Originally intended as a retail farmers' market, the operation rapidly evolved instead into a wholesale market, grocers being the vendors' principal customers. Dight Papers, also at MHS, for additional information.) The Minneapolis Central City Market Company was dissolved as of October 30, 1937; its employees were absorbed into the Barlow Realty Company. It was succeeded on September 1, 1988, by an entity known as Barlow Associates. B., Willis, Gilbert, and Archie Walker and Julia Walker Smith. The Mary Place Realty Company, a real estate holding company subsidiary of the Pacific, was incorporated in March 1916 by George K. The Industrial Investment Company was incorporated in February 1917 by Jayne, Chalgren, and Samuels. B., Gilbert, Willis, and Archie Walker were elected directors of the company, whereupon Jayne, Chalgren, and Samuels resigned as officers and directors. In 1971 it was resolved to liquidate the company's assets; its affairs were declared completely dissolved on February 17, 1972. Over the course of its corporate existence it operated lumber mills at Crookston, Minnesota; at Grand Forks, Dakota Territory; at Akeley, Minnesota; and at Westwood, California. Miss Kane persisted in her efforts, and in 1965 the Society received the first increment of papers from Archie D. Accessions continued over the next two decades, and more were yet anticipated in the fall of 1988. B., Harriet G., Leon, Harriet H., Fletcher, and Archie Walker; and Julia's uncle (Harriet G. Dana worked during 19 as an "attorney clerk" in the RRLC office at Minneapolis, where he apparently dealt with miscellaneous legal, real estate, contract, and accounting matters (see Smith Letterpress Book, RRLC Records, Box 19); in 1931 he was an attorney in the company's legal department.Not awful numbers by any means, but does he really merit an All-Star?It’s likely the case that Jordan is not saying: “Kemba is a superstar”, it’s more like “We need a superstar.” In what is easily the lesser Conference in the NBA, Charlotte finds itself wedged between a liquidating Sears (Chicago Bulls) and a relatively thriving single woman who just got out of a tough breakup (New York Knicks).Includes records of the Red River Lumber Company, a family-owned corporation that operated in both Minnesota and California. The family moved to Berea, Ohio (thirteen miles west of Cleveland) in 1855, where T. and his sister Helen attended Baldwin University, a Methodist-affiliated institution. When this survey was completed, Wright conducted a survey for the St. Employment with Wright was a fortunate move for Walker, as his work acquainted him with the locations of choice pine tracts in northern Minnesota--tracts which he later purchased as the basis for his fortune in the lumber business. The Walker owned company town known as Westwood, California, was constructed in 1912-1913. He was a member of the executive committee of the See America League, a president of Walker Galleries, Inc., president of the library board of the City of Minneapolis from 1885 to 1928, a president and a trustee of the Minneapolis Society of Fine Arts, president of the Minnesota Academy of Natural Sciences and its successor, the Minnesota Academy of Science, and a trustee of the Young Men's Christian Association (YMCA) of the City of Minneapolis. She was the daughter of Fletcher Hulet (1803-1882). Hulet Wheeler, Gilbert Hulet (circa 1836-1854), Margaret Hulet, Marshal F. She was associated with the Bethany Home Association, a Minneapolis home for unwed mothers and their childer, from 1874 until her death; for several years she was its president. He served as vice president of the Red River Lumber Company (RRLC) from around 1887 until his death in 1928, making his home in Minneapolis. Perhaps in part because of these occurrences, the decision was taken to liquidate the RRLC. Beginning in 1941 the RRLC and the Waland Lumber Company from time to time distributed timber lands to their stockholders (mainly family members). Barlow Realty Company was organized in December 1932, for the stated purpose of acquiring and administering all of the real estate owned by the Red River Lumber Company (RRLC) in the city of Minneapolis, probably at the insistence of the Walkers' Minneapolis bankers. The Red River Lumber Company was also the "home" of the legendary Paul Bunyan. B.'s father-in-law, Fletcher Hulet (1877); and letters from sons Fletcher and Willis as young children. There is also information about a California hydroelectric plant in which the Walkers were financially interested; and Gilbert's opposition to the implementation of daylight savings time at Westwood. As well as Gilbert's letters as vice president of the RRLC, the volumes contain Walker-Pence Company, Walker Art Gallery, Walker Brothers, Minneapolis Central City Market Company, State Theatre Heating Company, Penwalk Investment Company, Pacific Investment Company, and Superior Land Company business letters. This correspondence relates largely to routine RRLC business and financial matters. Fiels concerning the First National Bank of Minneapolis (1949-1952) provide information about several speical agencies and trusts which Susan established naming Martha Rogers Shuman, Jesse W. There is also some information relating to the Hennepin Lumber Comany, to Smith & Son Company (Minneapolis), and to Smith & Sons Investment Company (San Marino, California) and its predecessor organizations.There are records of a variety of Walker's companies, business partnerships, and his art collection and gallery, as well as papers and business records of his children and grandchildren. The RRLC cut its first tree in California on September 10, 1912; its first California lumber was milled on October 1 of that same year. The Bethany Home was succeeded by the Walker Methodist [nursing] Home, circa 1945. Walker's other involvements included the Women's Council of the City of Minneapolis, the Hennepin Avenue Methodist Episcopal Church (Minneapolis), the Nonpartisan National Women's Christian Temprence Union, and the Minneapolis Association Opposed to the Further Extension of Suffrage to Women. Information in the papers suggests that Gilbert suffered a nervous breakdown in 1899, and that he was subsequently relatively uninvolved in Red River affairs until 1914 or later. Westwood was sold to the Fruit Growers Supply Company, a subsidiary of the California Fruit Growers Exchange of Los Angeles, in a deal consummated in December 1944. Each stockholder then held an undivided interest in these properties and, in order to liquidate his or her interest, disposed of them either independently or through an agent. Barlow eventually came to assume many of the functions of a holding company, overseeing most of the family's surviving Minneapolis-based corporations and partnerships, particularly after the liquidation of the RRLC in the late 1940s. This company was dissolved in 1938; at the time of dissolution Pacific was its only shareholder. Stories of the mythical lumber jack were adapted and expanded from local loggers' tales by Red River's publicist William B. Other correspondents include brother-in-law Marshal F. There are letters relating to the real estate transactions; to the bank at Westwood; to RRLC and Walker family members' finances; to Walker-Pence Company property matters; and to T. There are also letters relating to the estates of Harriet G. The bulk of the material dates from 1920 to 1928, although there is a concentration of circa 1900 correspondence. Shuman, John Rogers Shuman, and Mary Shuman Okie as beneficiaries. Walker, and the Northwestern National Bank of Minneapolis served as co-executors. Chickering , Jr., of Chickering & Gregory San Francisco attorneys. The bulk of the information in these papers is of a personal nature; there appears to be little related to the Red River Lumber Company or to other Walker business interests. ft.) of Julia Walker Smith Papers is anticipated at some future date, including personal correspondence of Julia, Ernest, and their children; photocopies of photographs of the Smiths (original photographs to be retained by the donor), and assorted miscellaneous photographs, books, academic materials, and other items. Smith's papers consist of personal correspondence and miscellany, relating primarily to family activities.

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Harriet died in New York in 1917, while accompanying her husband on a business trip. In 1874 he constructed his first mansion, at 803 Hennepin Avenue; the house stood some forty years until it was demolished to make way for the State Theatre/Walker Building complex. Julia became president of the Bethany Home Association (Minneapolis) in 1917 after the death of her mother. 1914) and Caroline ("Carrie") Pieper Smith (1844-1923), natives of Pekin, Illinois; he was also a brother of Arthur Pieper Smith (d. Zimmer in Smith & Zimmer, Minneapolis manufacturers and jobbers of farm implements, buggies, and bicycles, circa 1893-1900. He was the Walker family representative on location in Westwood, which became his home beginning in 1912; he was there when the town was platted, the houses located, the mill constructed, and the first logs cut. ] as "a mechanical inventive genius" (RRLC Subject Files: Winton), Fletcher continually advocated expansion and modernization of the operation, manufacturing and product line diversification, the investment of more money in the plant, and the purchase of additional equipment and machinery-- frequently in the face of objections from the Minneapolis office. Clinton was married (circa 1901) to Della Brooks, a sister of Alma (Mrs. They had three children: son Brooks Walker (1902-1984), and daughters Harriet E. He began his higher education at the University of Minnesota's College of Engineering, but by 1904 had transferred to Cornell University. Its newsletters characterized it as "an industry organization of employes[sic] and employers of the West Coast and Western Pine Divisions of the logging and lumber manufacturing industry promoting common interests." Around 1935, it was succeeded by the Industrial Employees Union, Inc. In 1937, a majority of workers voted to replace the IEU with the CIO-affiliated International Woodworkers of America (IWA), which the RRLC refused to recognize. Walker spent the next three years trying to settle partnership affairs with the daughter, who was also the administratrix of her father's estate. Nearly 6000 pages of typewritten oral evidence were taken and about 1500 exhibits were introduced. Most are written in longhand, and are rather difficult to read. Walker section for the other half of this correspondence. These consist primarily of personal business-related material, including T. B.'s involvement in and financial support of the Methodist Church in Minnesota; the files document Minnesota Methodism's regular requests for financial contributions as well. B.'s financial contributions; church fundraising, including for the Centenary Fund (T. was a member of its Centenary Council); various church building proposals and projects, and the dedication of the building at Groveland and Lyndale Avenues (1916); some congregational publications; and some informtion about the art gallery at the church. The volumes document some other financial transactions as well, including the sale of houses and/or lots in Minneapolis, St. Louis Park, and sales of cutover lands in northern Minnesota. Louis Park, of which Gilbert was president circa 1895. Paul with a load of grindstones to sell, where he made acquaintance with young James J. Later that same year in Minneapolis Walker was able to secure a job as a chainman for surveyor George B. Butler & Walker was established in 1869; was succeeded by L. The Red River Lumber Company (RRLC) was organized in 1883 and incorporated in 1884. developed the town of Akeley, Minnesota, named for his business partner, and built a new mill there. Walker began exploring the California forests in 1889; he began his acquisition of northeastern California timberlands in 1894. In 1926 Walker completed a new gallery building on the site of the present Walker Art Center; this building was opened to the public in 1927. He was a president of the Minneapolis Business Union, and was involved in the Panama-Pacific International Exposition, San Francisco (1915). Harriet attended Baldwin University, a Methodist-affiliated institution located at Berea. Harriet was president of Northwestern Hospital, originally a Minneapolis hospital for women and children, from 1862 until 1917. Rogers, came with her family to Minnesota, and attended Hamline University until her marriage to Gilbert. Finally, in May 1941, Local 2836 was certified as legal bargaining agent for Westwood workers in another NLRB-sponsored election. A motion for a new trial was heard November 1, 1924; the court issued an order in December 1924, denying the new trial. Florence Akeley Patterson filed two appeals, one from the order denying a new trial, and one from the judgment; she lost both appeals, which were argued before the Minnesota Supreme Court in December 1925 (see Supreme Court case file 24779, in the State Archives). The Walkers apparently gained control of several of the failed St. The Red River Lumber Company, the Walker interests' flagship business, was one of the largest forest products corporations in the nation, controlling huge acreages in north-central Minnesota and later in northeastern California. The general correspondence includes condolences at the deaths of T. Weyerhaeuser, president of the Chippewa Falls Logging Company (Wisconsin), declining an invitation from T. to make Minneapolis his home (1889); letters exchanged with Charlotte Reeve Conover (Dayton, Ohio), a cousin, in which Walker explains his financial assistance to his relatives, the "Xenia Barlows" (1918); several of T. Hovey (San Francisco) to procure brandy for him (1918). The letterpress book in progress at Gilbert's death was completed with letters written by RRLC purchasing agent Rodney C. Most of the letters were written at the RRLC general office in Minneapolis. Barnes (Berkeley, California); realtors Elmer Madson (Grand Rapids, Minnesota) and Jens J. After Gilbert's death, Archie Walker handled Susan's business affairs, and many of these files, accordingly, emanated from his office. ), which originally was formed to purchase pine lands and sell stumpage, but which also became involved in the manufacture of lumber. (Its site was excavated by MHS archaeologists in 1986.) In 1887 the partnership was amicably dissolved. Akeley informally began their Walker & Akeley partnership in 1887; a formal partnership contract was drawn up in 1892. Three years later a nine-year lawsuit was begun by T. Walker against the Akeley heirs for an accounting and settlement of partnership affairs. By 1915 his gallery reportedly consisted of 14 rooms, and was visited by about 100,000 people annually. C.), the Northern Minnesota Log Driving & Boom Company, the Northwestern Elevator Company (Minneapolis), Pacific Investment Company, and the Waland Lumber Company Walker served as president of the Flour City National Bank (Minneapolis) from 1887 to 1894. Harriet died in New York on January 13, 1917, while accompanying her husband on a business trip there. Jesse W.) Shuman; a nephew, John Rogers Shuman; and a niece, Susan Mary Shuman (Mrs. Julia Anstis Walker Smith (circa 1865-circa 1951) was the second child and the eldest daughter of T. Archie's Minneapolis civic involvements included membership in the Minneapolis Civic and Commerce Association and the Hennepin Avenue Improvement Association; president of the city library board; chairman of the board of trustees of Hennepin Avenue Methodist Episcopal Church (1955-1958); president of the Walker Methodist Home; and trustee and president of the T. Early in 1939, Local 2836 called another strike and the company restored half of the 1938 wage cut. One large claim was allowed against the intervenor in favor of the partnership, but in general the plaintiff and intervenor prevailed in the action. At about the same time, Menage's Northwestern Guaranty Loan Company (Minneapolis) also failed, and Menage fled to South America. The company was dissolved in 1937 and its employees were absorbed into the Barlow Realty Company (See Minneapolis Central City Market Company Records.) The T. Walker and Family Papers document one of the largest lumber operations in the Upper Midwest and its gradual expansion into the Pacific Northwest from Minnesota. Wheeler; cousin Charlotte Johnston; Archie and Gilbert Walker; cousin "Pet" Sabin (Xenia); daughter Julia; daughters-in-law Alma (Mrs. Clinton) Walker; and various nieces, nephews, and grandchildren. Much of Gilbert's papers consist of surviving miscellany; undoubtedly this is but a small part of his original files. Walker relate primarly to routine operational matters at RRLC-Westwood. The Susan Rogers Walker papers inlcude subject files, financial statements and records, some personal correspondence, and some papers relating to her estate. Louis Park, Minnesota), the Minneapolis Jarless Spring Carriage Company (St. After 1913, Clinton occasionally did work for his father and for the RRLC on a job-by-job basis, although he seems to have devoted most of his time to his inventions. The construction of the Westwood mill was more or less complete by 1918. By the early 1930s the RRLC found itself in dire financial straits; in particular, it was unable to redeem bonds which it had earlier sold and which were then coming due. The above dates were taken primarily from company letterheads, and some are approximations. Title was obtained in various ways, including the use of Chippewa scrip and soldiers scrip; land patents; and applications to enter public lands under the Treaty of February 22, 1855, with the Chippewa of the Mississippi (10 Stat. Walker was represented by Henry Beard, a Washington, D. attorney and land solicitor, as well as by the Washington, D. law firm of Curtis & Burdett, who specialized in land and mining cases. Opsahl, a Bemidji, Minnesota realtor, began selling cutover Minnesota land for the Walkers around 1900, continuing to do so for several decades thereafter. The RRLC had apparently let much of its Minnesota cutover lands go tax delinquent, except those with minerals or lakeshore. Walker and Healy Cady Akeley (1836-1912), a Michigan lawyer and lumberman, first met in 1886 at Minneapolis when T. dissuaded Akeley from building a sawmill on the Mississippi River at St. Instead, they began an informal business partnership to cut and sell logs. Forestry and conservation files include correspondence relating to state (California) and federal legislation affecting the taxation of timberlands, and to Walker's advocacy of changing the tax basis from that of annual taxation on standing timber to that of a stumpage tax on logs cut. There are copies of bills; lengthy letters to various persons, including Gifford Pinchot, in which T. outlines his views on forestry and conservation; articles by others, including two tracts by E. Scammon on forest ownership, taxation, and conservation (1914, 1915); and miscellaneous reports. Andrews, Minnesota forestry commissioner (1903); Henry S. The files relating to labor document Walker's concern about labor organization and trade unionism, and his support of pro-capital causes and organizations. the closed shop, and correspondence with the Minnesota Union Advocate (St. Burnquist, indicating support for labor's right to organize and arbitrate; and a promotional item from the Minneapolis office of the Industrial Workers of the World (IWW). B.'s involvement with the library and with the earlier athenaeum; a 1912 tract (apparently not written by T. The papers document her involvement in such organizations as the Nonpartisan National Women's Christian Temperance Union, the National Council of Women in the United States, and a World's Congress of Representative Women (held in Chicago in May, 1893, under the auspices of the Woman's Branch of the World's Congress Auxiliary of the World's Columbian Exposition).



Stephen L. Sepinuck, J. D. LL. M. Frederick N. & Barbara T. Curley Professor. Professor Sepinuck has an A. B. in history from Brown University, a J. D. cum laude from Boston University, and an LL. M. in Taxation from New York University. In the 1980s, he specialized in creditors' rights and related commercial issues while.… continue reading »


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Jul 9, 2017. Lord Walker considered whether the liquidation of the 'one man company' made any difference, concluding 'It was argued for the appellants that the public policy defence should not bar claims brought by a company in insolvent liquidation, where the creditors were innocent parties who had been.… continue reading »


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