The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1889-09-18
STILES STILL LIVES.
Complete Statement OF tho Uudson
a Co. Failure.

TACOMA, Sept. IA dispatch received In
this eity this evening fsoln Tucson. Ars-
zons. states that six Indictments have fsesn
fouut sgasns; 7. l. Stiles ON charges of en-
bSxz.ement as assignee of Hudson 4 Co
bankers, " no failed eve years ago; tha,
stiles specnlatei with funds collected and
considerable wealth, with which he
skipped to Washington.
A fo>T-lSTELLIGESCE reporter cailef
upon Mr.. stiles this evening. In answer
to fnterragssions. Mr. stiles said. .und.
son 4 CO. Was eampcset! o. Cha-ies HuG-
son and James IL Ioole, v he ", ne bankers
~ Tucson, with a branch at Tombstone.
IN May y, lssi, they made q com
mon law assignment 10 me. TIE
nominal assets of the COMPANY. which
were almost entirely ii unSrcarsi opei,
accounts. were x2se,eto. vi h Liabilities Of
~, ,ooi. mostly due 10 ieposIlors When
took charge sasaa Just one ten dollar
gold piece Ia the fne>on baHk ant, about
3i2,cta worth of securities, notes, etc. at
Tombstone. Out OF the assets GOT Ia AM,
paid out 10 the creditors over s.soooo.
Tor which have vouchers ia Isy posses
sion. further reduced the Indebtedness
70 about severity thousand doilsrs When
left inere, June -. is,7, the matter was
practically esossd up, | had been out
here 10 the Sound country aud had made
up my mind 10 locate I'm fscoins In fac,
Z L
aId IN June moved out here. Septe M eer
ID Of the same year returned TO Tucson
TO attend trial of two cases one an i'm.
portant ease. which was settled, and the
other the samiaeago case. whirhn cOusii-
ertd . fraudulent calm againkt an estate
but the courts decided thar the claim II us,
he a'lowed inasmgch as il had been put in
judgment ia the court record in due form
and the records OF the cogrt could DO, l.r
questioned. Tbs facts were that the claim
was one against The 1efunet corporation in
which Hudson and Tool were both inter
ssted. but which never knew anything
about and default judgment Was taken
dead and while Hudson was in
England. The claim. believe
was fraudulent in the beginning
and SUI believe so, but the court held that
IL could not go back on the Judgment rem
0ered in the defanlt case. | appealed the
case to the supreme court OF the Unite d
States which sustained the opinion of the
court below, consequently stand adjudged
10 pay out of the funds now In NV hands.
belonging 10 Hudson & Co, and from the
proceeds of which l may hereafter realize
from assets in my possession. the amount
of that judgs eat, which Is about &c GOO.
This judgment takes precedence Of the
claims OF the regular creditors OF Hudson
K Co.
remained ss Tucson from sensembef 2,
1897, 10 November. when I returaed 10 Ta-
coma. ] now have il my hands about $50
% 500 and three notes for 81, ,40o, aud pos
sibly may realize something further from
the assets, but II is rather doubtful The
first heard of the eIltezzlemcnt affair WAS
alter ] returned fr. III the cons, rational
convention this fell. Then learned ,ha,
certain parties in town here reported that
i was defaulier In the Hudson 4 Co
matter. To this psid 30 attention what
ever. The next heard was when charges
ctne out III the Seattle Journal There Is
absolutely ro truth nor any basis for these
charges, and the only way can account
for the setlon OF the Arizona officers. is
that in their anxiety 10 help out the d. m
oerais here III Washington, they have gone
into this scheme. Ny looks as assignee
have always been op n 10 the creditor.
who have always been satisfied with my
trE ship, aud have always been fiisndiy
with me. Mr.. l.. W Gleason, now Of Seat
tie. was one Of the heaviest cGcdi'ors. and
Knows how have conducted affairs of the
estate. Mr. u. HenSers0u. of the Anglo
Arnf Eicas back Is also creditor, also W.
T.. Stevens
Ia a conversation with former deputy
sheriff al Tombstone and who had charge
OF the Tombstone baus nj the time of the
failge, he said that stiles Is a man more
sined agailsi than sinuing. iha. his rep
utatioG was always good aud he believed
he would have no trouble IN getting let
ters testifying 10 lis good name. "Pin-
head Hughes, editor of the Arizona S:Gr.
st Tucson, VI lao appears 10 be at the bottom
Of he affair is a disappointed Office seeker
believe the whole thing isa political
hoax, nothing m re-" Mr.. John H. All
mar, who was at enc time the superin-
tsndeut Of stage lines ST Tucson. said the
whole thiIg Is put up jos aud that the c
never vas 4 faaN more respected in or
al.oag 'Fst son ot tombstone nT whose word
wss Has bets T. "l'ia II ad" Hughes. ell
tof ID t-e Arizona ttr~ mus: be in the
scheme ior the sake % what is In IL. stiles
sioSd better than any man In town, not
only before the Hudson failures, but oil
tue time s.Lce.'