St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-08-09
CREDITORS SAY WAIT.
They Want the Public to Hold Its
Judgment.

CREDITORS SAY w All.
They Want the Public to Hold Its
Judgment.
A meeting of a number of the credi-
tors was held last evening at the office
of the w. E. Clark Investment company,
at the conclusion of which one of the
heavy creditors authorized the follow
ing statement. which represents the
feeling of those present:
A prominent business man who holds
some of the Collom-Blaisdell paper thus
outlines the conclusions to which he
and a large number of others similarly
situated have come, and it would seem
that in view of the many sensational re-
ports concerning the matter which are
understood to have emanated largely, II
not wholly from certain law office, the
deniZens of which are understood to be
acting professionally for the protection
of Mr.. BlaiSdeIl from liability upon the
paper, that the public may become ac-
Quainted with the aspect of this affair,
as after most patient and careful in
veStigation it appears to them. Among
other things the public have been
treated to an account of very dramatic
scene said to have been enacted in the
Office upon an occasion when Mir. Col
lom is said to have made confession
to the effect that without exception all
the notes made by him which bear Mr.
BlaiSdellS Endorsement were fOrgerleS
so far as the Endorsement was con-
cerned, perpetrated by him, Mr.. COLON
We have observed that in an interview
said to have been had with Mr.. Wilson,
scene is largely if not entirely a SenSa-
tional fake At this time nothing more
need be said about this. The creditors
claim to be in the possession of evil
dence, which has been gathered and
Sifted with great care. which convinces
them more thoroughly that Mr.. Colon
has never forged Mir. Blaisdell's name
to any paper, and that every
piece which has come to their no
tice which bears Mr.. Blaisdell's
name bears his genuine signature,
signed with his own hand. OF course
it will not be expected that all this evil
dence shall at this time be given in de-
tail. 1t is said to be fact, that when
the subject of Mr.. BIS in
dorsements had resulted in bringing to
light upwards of $4,000, of such paper
all arrangement was negotiated and
virtually agreed upon, by which Mr..
Blaisdell acknowledged and was
to assume that amount; and up to that
time no hint OF forgery was heard. Sub
sequent investigation disclosed about
s227,oOO of such paper. Then the ar
rangement was abandoned, and then
for the first time came the suggestion
aforesaid scene in the office in which
Mr.. Colon is said to have con-
fessed that all of the paper without
exception was forged. 1t may also be
mentioned that upon some of these
notes not held by any bank. upon which
it is alleged Mr.. Blaisdell's Endorsement
was forged, Mr. Blaisdell did at "a recent
date. and only short time before this
senSa ton was sprung, deliberately, in
the presence of witnesses and with the
alleged forged Endorsement before his
eyes, sign waiver of protest and guar
anty of payment. These are but few
of the facts which have been gathered.
Another thing to which attention may
be called is as follows: 1t is already
known that the attorneys of Mr.. Blais-
dell had Mr.. COLON in virtual custody
in charge of detective for several
days. On Wednesday they somewhat
dramatically announced to a committee
of the creditors that they were through
with him, aid that they, the creditors,
COulu ldh0 Hill. MI. COllOHl Has COIl-
tinued since under voluntary surveil-
lance of an officer until yesterday,
when he was arrested upon a
warrant understood to be sworn
out by Anderson, son-in-law
or Blaisdell. 1t was thought
by the creditors, that they understand
this little game, and that it was to get
the creditors to cause Mr.. C's arrest
and thus commit them to the theory OF
forgery. 1t did not work. They did not
believe Mr.. COLON guilty, and do not
now. The arrest yesterday they regard
merely as another move in the game of
bluff. Of course they desire to realize
upon their obligations. They believe Mr..
Blaisdell is legally and morally bound
upon them, and they propose to pursue
an honorable and straightforward
course to inforce that liability. They
think that at least they will have the
satisfaction of knowing that they have
not been disgraced by bending them
selves to an endeavor to col
lect money by the compromis-
ing of an alleged felony. They
believe the charging of Mr.. COLON
with this great crime is most cruel
thing. This young man has heretofore
borne an unimpeachable and SpOtlesS
character. He has a lovely and inter-
eSting family; that good name and the
happiness of that family is worth more
than all of Mr.. BlaisdelFs millions
added. They ask simply on their be-
half in pursuit of what they believe to
be their just rights, and for the sake of
Mr.. COLON. that the public accord
patient waiting.