Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1864-04-16

The company bought in Thorndvke's interest and q
new company, at Smiths suggestion, was organized
two months after Smith entered ON his official
duties. 1t was soon spoken of freely on the Sound
that Smith was lending HIMSELF in his official position,
to have the port Of entry changed from Port Townsend
to Port Angeles He concluded utter some delberaton
that his position Collector might be endangered
and that safer for him to have interest in the
Port Angeles Town Company. He accordingly pre-
poses. He retained with the of the company,
voice in the administration Of its affairs it being un
derstood, that at some future time he could re.pur-
chase interest in the company In his letter the
company, bearing date Oct. 10th, 1861, he says:
"The contribution and devotion Of my interest in
this company, not made with any view Of withdraw
ing from actual participation in its affairs the
tray, myself and wife arc fully impressed with the i'm.
portance Of the enterprise. and pleased with the
liberal basis Of operations yoi have adopted. shall
acquire as much interest in and near Port Angeles as
men or hereafter levied the oneifth interest
hcrcnbeorc contributed your public fund.- above,
in the manner though it were to nurc direct
ly to my sole and personal gain"
In May, 20 Lieut.. White sold his interest to Victor
Smith, for 500 dollars cash, and bond for 81 800,
payable in two years. or on the sale Of town lots BY
departure for Washington, whittier he going, he
sad the interest of NJ Chase and others, for
the removal Of the port Of entry to Port Angeles &c
On the day that he bought Whites interest, he
proposed buying mine and Stanton's, which l. on my
own part, refused. The offer to purchase StantOn's
being made to me in Stanton's absence, could give
him no answer.
Question 9th, Docs Victor Smith still own any in
tercst, share shares in said Cherbourg Port An
gccs Town Site Co..
Answer. considered that the whole speculation Of
the company was n failure, long before Smiths
departure for Washington, in May, 90; and when
Taylor and White sold out, that the company dis
solved, and TINT my interest myths that Smith,
having secured every interest except mine and frazcr
he had the entire control and would exercise it if the
company sought to interfere with the town site. !
knew that Smith was determined on getting possession
Of the claims himself by ignoring Stantons right, and
therefore advised Stanton not to act as partner but
TO keep possession Of the claim purchased as he
the only legitimate settler there. At this stage Of affairs
the company stood thus; Victor Smith, ?. NJ. lirien,
Joe Frazier - Thomas, II. g. Plants, through Smith,
as his agent.
should have mentioned that under power OF attor-
ncy. made to me by NJ II. Frost sold to H. G. Plants,
the private secreray of s. p Chase, Secretary of the
Treasury, at WaShington frosts interest in the town
company. ! gave the deed to Smith, for Plants in
his, Plants. name having received Smith note, pay
able in three months, for said deed. This was in
March, '62.
In Smiths written proposition, for the purchase OF
tis interest, and bearing date Feb. 3d. 1862 which is
in my possession he says che promised H. G. Plants
to secure interest for him in the town site spccula
ton at Chcrbourg" believe that this statement
untrue; that he made Of Mr.. Plants name unwar