E. B. Howard
|E. B. Howard|
|Employer||E. B. Howard & Company, S. A. Moulton & Company, E. E. Thomas Fruit Company|
|Occupation||dried fruit packer, dried fruit seller|
Edward. B. Howard was a San Jose businessman and dried fruit seller. He was "an extensive buyer of fruit and has been a bull in the market. He has been the best friend the fruit men ever had here... had prices advanced on fruit he would have been a big winner.
In 1897, he set up an agreement with S. A. Moulton where they created two separate companies - S. A. Moulton & Company and E. B. Howard & Company; Moulton later was considered liable for some of Howard's debts.
In 1899, his company was E. B. Howard & Company, which had a warehouse next to the Inderrieden plant. He also played a part in the collapse of E. E. Thomas Fruit Company, with claims that he forced Thomas to borrow money through his bank.
Howard's financial dealings caused the Union Savings Bank to close down
- Howard Will Assign: February 2, 1899 Los Angeles Herald
- 1896 San Jose City Directory.
- Howard's Partner Files a Petition: April 14, 1900 San Francisco Call. "Moulton filed a petition in insolvency yesterday... at the time of the execution of the agreement it was not the intention on the part of the petitioner to enter into a joint copartnership with E. B. Howard or Howard & Company... but the petitioner is informed, and now believes, that the legal effect of his said agreement was to make him the legal copartner."
- San Jose Bank Closes Its Doors: February 1, 1899 San Francisco Call. "The failure was caused by the bank making advances to E. B. Howard, a fruit shipper, amounting to about $100,000, and from the fact that it had been unable to realize upon the securities given.... for over a year rumors have been in circulation that the bank was shaky... lately it became publicly known that the bank was carrying... Howard along..."