The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1891-07-21
MIR. LIvsEY JUSTLY INDIGNANT.
Can't Understand How His Name Came
on q Doodle Check-Stub.

PITTsBURG, July 20.-Ex-State Treasurer Lysey
today said he could not understand how his
name came to be on a stub in Bardsley's check
book. He fatty denied any business or other
transaction with Bardsley.
PHILADELPHIA, July 20-The councils COM
mittee which is inquiring into the affairs of ex-
City Treasurer Bardsley and the Keystone bank,
held another meeting this afternoon. The first
witness was Samuel Z. Huey, counsel for the
estate OF John c. Lucas late president of the
Keystone bank. Huey's statement showed that
the indebtedness of Lucas to the bank at the time
of his death in 1889 was 1851 O00 not as
has been printed. This Indebtedness had been,
he said, settled by the widow. Huey produced
letters and memoranda which corroborated
Postmaster General Wanamaker's explanation
OF his connection with the loan of $4,000 OBJ
tanned for Lucas from the Girard Trust Com
pany. The collateral furnished was 1000 shares
OF Keystone bank stock, which the certificate
book showed had been issued in Wanamakers
name, but which that gentlemau denied having
owned. Huey said be had questioned Marsh as
to the manner in which the over issue occurred
and the latter explained.
The certificates were all genuine in that they
had been regularly taken from the certificate
book and signed by the officers of the bank, but
when the stock which had been sold was
brought in for transfer and new certificates is
sued, the old certificates were not always can.
celed, but were sometimes thrown into drawer
and used again, IL occasion required, and this
doubtless is the way in which these certificates
held by Wansmaker had been used. OF course
Wanamaker knew nothing of this, and there
was nothing on the certificates to indicate any
irregularity."
Colonel Mcclure, editor of the Times, who has
been mentioned in Bardsley's statement, posi-
lively denied Bardsley's charges. resolution
was then adopted to hold another meeting on
Friday, and subpoena the presidents of the
banks alleged to hsge paid Bardsley interest,
and also the editors of newspapers said TO have
paid rebates on state advertising
Another story OF queer financiering came to-
day. The National Bank of the Republic, Of
New York, recently entered suit here against
Ephraim Turland, to recover the amount due on
certain promissory notes, of which Turland
was the maker. In the affidavit of defense, filed
today, Turland says he never received
any value of any kind from the note It
having been obtained from him by fraud and
misrepresentation on the part of President Ken
nedy, of the Spring Garden bank, at the time of
the money stringency. He was one of the d.
rectors of the bank, which has since failed. and
Kennedy represented to him that owing
to the stringency of the market the
bank was borrower of cash tempor-
arily from the clearing house until their
assets matured, and in view of this fact, il
would be wise to strengthen the loans by the
deposit of special commercial paper, and
for this purpose Turland made the note
in question and several more on Kennedy's
promise that the paper would be protected at
maturity and returned. Turland goes on to say
he knows that the bank, at the time. was
fraudulently insolvent. that Kennedy and two
other directors had borrowed s6,50o,0oo OF cap
ital stock of the bank, and in conclusion that
the books of the bank were criminally falsifed
TO deceive the bank examiner