Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1893-12-02


any opinion prepared by him was to be
shown to them, or that it WAS 10 be
used for any improper purpose what
ever
COL. CLARk'S ANSWER,
Col Clarence L. Clark denies all the
allegations expressly, except as admit.
ted, and alleges that ali OF them charg
ing "A conspiracy TO dcfraud are utter
ly false ana made mcliciously and
from unworthy motives He admits
the existence and occupation of the
plaintiffs and defendants as set forth
in the complaint, and the organization
of the Times company as stated, but
denies that any of the defendants eN-
Cepting himself and Clancy held any
stock or were financially interested
or incurred obligations, excepting that
Geo. w. Peck on one occasion en-
dorscd one OF its notes as an accom-
mediation cndorScr; that said news
paper was conducted with ability and
mt considerable expense and loss"
Mr.. Clark admits that the Clinton
y q
but that his information in regard
thereto is not personal knowledge but
hereSay He further says that ON June
>, 1892, he needed some money to aid
i'm starting the Madison Times and
without the knowledge OF the other co
defendants, applied to Mr. Woodland,
of the Clinton bank, as Il personal
friend and that Woodard agreed to
ana did loan him the sum of $4,000
upon Clark's personal note, payable
on or before five years from date, with
interest at seven per cent AS Sc
curity he gave Mr. Woodland $1,000 Of
JancSville Recorder stock, and after
wards $1,000 Of Times Printing com
pany stock lie alleges that said loan
was not made upon any agreement
that said Clinton bank should be made
Il state depository, and that it was not
made depository by reason of said
loan, nor did said board of deposits
know that Woodland had or was about
TO loan any money to Clark; nor did
he, or his co-defendants, in any way
profit by the action of said board Of
deposits, or expect TO do so"
Mr. Clarks answer then relates that
Mr. Woodland enquired of Mr. Clark
if the Clinton bank could not be made
"A depository Of state funds the same
as other banks; that Mr. Clark agreed
TO send Mr.. Woodland blank applica-
ton and bond, and did 50 and after
it was signed by Mr. Woodland it was
by Mr. Woodland forwarded by mail
to the state treasurer with request
that he present it to the proper Off
Gals to be acted upon; that upon its
receipt Mr.. Clancy, as assistant at
torney general upon inspection, stated
tbat the bond did not have the requi-
site number Of signers; that Mr.. Clan
cey said lie knew Mr.. Wooddrd to be
a man Of wealth and would obtain
the additional sureties without return
ing the bond to Woodland, and did So
as defendant is infor- red and believes,
Mr.. Clark having nothing TO do with
the matter
The answer further sets forth that
the Times was almost wholly thu
venture Of Mr. Clark, and that neither
the governor, attorney general nor the
Bows had any money invested therein,
on any interest other than friendship
for Mr. Clark. Then Mr. Clark alleges
that Mr. McFail, knowing OF Clark's
desire to sell the Madison Times and
his interest in the Times Printing com
pany, asked Mr. Clark for a definite
proposition, which Mr. Clark says he
gave and claims Mr. McFail accepted
IN the following language IN writing.
Madison, Wis, March -, 1893 Times
Printing Company, Madison. wis.
Gentlemen Yours Of the DIST inst.
per Mr. g. T. Clark, manager, is duly
received, wherein you offer to sell to
me the material. accounts, contracts
and good will Of your company all
free and clear from incumbrance for
the sum Of thirty-eight thousand dol
lars is duly received l take pleasure
in notifying sou that l hereby accept