The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-09-28
SULLIVAN SQUEALS.
lie Fears the Publication of His Transactions
with the Ritzingers Will Hurt Him.

John E. Sullivan said, yesterday, in an at
tempt to explain away the disass--sseeable and
damaging charges that attend him in his canvass
for the county clerkship, that he did not care
anything about Taylor Coon's confession. THAT
is true enough" he remarked. II admit that.
1t won't hurt me any, but / ought to be set right
on the Ritzinger transaction"
Didn't you order George Marott away from
A. W. Ritzingers housel'
II was walking up Tennessee street the morn
ing fthe assignment, ard heard man talking
loudly in Mr.. Ritzingers house. went in and
told him he ought to respect the feelings of the
family. He asked what had to do with it, and
replied nothing, only to see the family protect
ed. AS Mr.. Ritzinger could not appear. l then
ordered him out of the house, and would have
used force had he not gone. But that is not
what complain OF most The real estate trans
action was legitimate one. l paid Gus Ritz
niger 81 900 in cash. The Journal has it 81 5O0."
ut did not say you paid $4,000. It gave that
sum as the expressed consideration"
"Well, oniy paid $1,000 cash each to Gus
fingers heirs / gave notes secured by mort
entire property"
Eat the same time you had overdrafts In the
bank charged against you of over 81, 600, besides
an equal amount IN notes"
Yes. but have settled all that"
"How?'
by paying part cash and giving my notes for
the balance This is full value, remember. 1t
was not fair to give the appraised value of my in
debtedness to the bank"
1t is worth while to mention that Sullivan
81 AAH- ~
fifty cents or the dollar. Gentlemen in
terested in the trade were not inclined
to accept this proposition without an in
vestigatjon Of MIR. Snllivan's assets. They
went to City Attorney Taylor and learned from
him that Sullivan, as surety on County Treas
urer Miller's bond, had made affidavit that ne
was worth 100000. Accepting this as an I'M
questioned statement as to his resources, they
insisted on his paying, or making arrangements
to pay, the trust in full Notwithstanding his
suretyship on Mr.. Mler's bond, that gentleman
demanded of Mr.. Sullivan mortgage to secure
the payment of So. 500 due for money advanced
to buy the farm in Wayne township. 1t was on
this farm Sullivan had for time the old soldier,
Jones, as a tenant whom he so mercilessy as
saulted some weeks ago. In explaining TO Sulll-
van that he wanted mortgage for his money,
Mr.. Miller said, st don't make any difference
whether you are my surety or not, or whether
you are Democratic candidate or not. this is
business transaction and must be done in bus
iness-like way"
Returning to the Ritzinger real estate trans
action, he gave to Gus Ritzinger, Dec. "a last.
seven notes of $500 each, secured by mortgage
for the balance of the purchase money, So: 500.
The first is due this December, the second in De-
cember following, and the last not until Dec. "a,
1893 The purchase of the property belonging
to John B. Ritzinger's heirs was arranged in the
same way. This was done at a time when his
overdrafts at the bank amounted to 81, 1863. %.
and notes due, 81, 800. None of these notes, Mr..
Sullivan admits had any relation to the real
estate transaction. Directly after the failure
Gus Ritzinger went into the employ of Sullivan
and remained there until recently when he
went to Burlington Ia, to establish similar
business.