Equitable Building Partly Destroyed.
Four persons are known to have lost their lives and three are missing in a fire which destroyed the Equitable Life Assurance Society historic old building at No. 120 Broadway yesterday. It is considered certain that the missing men are dead.
President William Giblin, of the Mercantile Safe Deposit Company, which had offices in the basement of the Broadway and Cedar street corner of the building, was penned behind steel bars when he rushed in to save valuable records Firemen worked for three hours (to save him, and were then driven back by smoke and flames. He was finally rescued, but is severely injured and may die. A watchman who was with Giblin lost his life. Giblin’s wife who has been ill for several days, is dying at her home. Three men, driven to the cupola of the structure by the fire, finally leaped to the street, and all of them lost their lives. The loss resulting from the fire amounts to ten millions of dollars. A fivemillion dollar property loss, and five-million loss for contents of the building.