The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-12-04
HOW TO TAKE STOCK.
Fischer 3 Macdonald Show the
People Of Port Angeles.
coloNYsToRE GOODS sEnrFoR
4 Wenan DurneA - Death - os11sA.
NEE -An Aged Rape Hisna
Commits Duteides

n
night was one of hustling and scrambling
in Port Angeles over the stock Of mer-
chandise in the Colony store" in which
Fischer & Macdonald succeeded IN getting
away with almost the entire stock before
restrained by an Injunction issued by
Judge McClinton. Perhaps there has
never been such . case before on Puget
sound, wherein plans laid before we're %
fully earned out, 30 expeditiousiy exc
cuted, and stock Of merchandise valued
at nearly SO 900 so suddenly removed.
One week ago May L Smith, @. 81. Mas.
tick. Nellie IL. Mastick, William Payne,
e. b. Mastick and +. 8. Lewis brought
suit in the superior court here, asking for
Q receiver because Of the mismanagement
of the Puget Sound Cooperative colony on
the part Of its president. Thomas Maloney.
and majority Of the board Of directors.
In the suit an Injunction was asked
and granted restraining Maloney and the
board of trustees of the ''coiony" from
transferring the unincumbered real estate
to Maloney as trustee" for variocs small
creditors. In the complaint filed by the
plaintiffs in this suit the tact OF the mort
gage OF the Colony store" owned by the
Puget Sound Cooperative Colony, to
Fischer & Macdonald was set out as an evil
dence Of the mismanaSement of Pres
ident Maloney and his board Of trustees.
It was alleged that the colony" did nos
owe Fischer & Macdonald . greater sum
than $i,o26 g, but President Maloney.
Secretary Kreuger and Trustees Shields
and Haines had frauduiently assigned pre-
tended claims Of their own to the said
Fischer d Macdonald, amounting to
s.. 1857, and thereafter gave Fischer
d. Macdonald mortgage in
the sum of $7.o79o6 on the stock
of merchandise to secure them
(Fisher & Macdonald) for their bona fide
claim Of 81 026 g, and the assignment of
the pretended claims of Maloney and the
other trustees of s. 336.27. 1t was further
alleged that under said mortgage Fischer &
Macdonald had taken possession of the
store and were conducting it, with Robert
Shields as their manager. OF course
the suit asked the court for receiver and
that these matters be investigated. The
case was set for hearing on Tuesday, De-
cember s next, the court granting re-
straining order forbidding the transfer of
any property to secure indebtedness Of the
colony, as asked.
Nothing further was done in the matter
until last night, when, upon the arrival Of
the steamer Garland from Seattle an agent
of Fischer & Macdonald reached the city.
The steamship announced that it was
compelled to 20 on to Port Crescent with
a crowd of boomers" who desired to sec
that once candidate for metropolitan
honors. It was said that the
steamer would return here at
o'clock this morning. Nothing particu-
lar was thought of this. but in few mo-
ments the "coiony store" was closed and
signs reading "Closed for stock-taking"
appeared on the door and in the windows,
inside of which screens were placed.
preventing any one from the outside look
ing In. Mastick and Lewis, two of the
trustees of the colony corporation, and
who were plaintiffs In the suit, went to
the business office Of the colony and asked
President Maloney what was meant and
were informed in bland manner that it
was deemed best to take an in
ventory and that Fischer & Mac
donald had sent o man here for
this purpose. It was the regular
meeting night Of tho board Of trustees,
but President MaIoney declared there was
no business OF imp ortance to transact and
therefore there would be no meeting
With this. apparently. all parties started
toward home, excepting those supposed to
be engaged in taking stock" MaIoney
went in the store for the purpose of assist
ing.
1t appears, however. other plans had
been laid. All this time in the closed
store there was force swiftly and quietly
packing goods and getting them ready to
be removed At midnight the steamer
Garland came up to the dock without
blowing a wistle, when q draw wagon and
team of horses were put of. and boxes.
hurlap and the like, which were taken to
the store, only 600 feet away, where the
same was unloaded and other goods al
ready packed were loaded into the dray
and taken on the wharf to the boat. Two
or three trips of this kind were made be-
fore notice was taken. Then Mastick and
Lewis were informed. They rushed for
their attorney, who was in bed, and
at once steps were made TO get an injunc-
ton restraining the parties from removing
the goods. 1t was a matter never con-
tempiated as possibility in the begin
ming of the first suit a week ago. and
a supplementary complaint had to be
drawn. This was quickly done. but as
Il was after midnight the clerk of the
court had TO be gotten from his home, a
mile away, and the judge reused out Of
bed at hislhome, q mile away in another
direction, and the workmen being swift
most of the goods were loaded before the
attorney started to the courthouse for his
writ. The interested parties, seeing him,
believed IL safer to speedily take fight.
They loaded their team and dray aboard
the steamer, cut loose from the dock and
left for Seattle. The steamer had been
chartered for this trip.
The writ was issued. nevertheless, as an
other steamboat was at the wharf. and
the fear was that the remaining goods
would be removed. 1t was prevented,
however, and IL is said that about g.. oo0
worth of goods remain. Trustees Shields,
Ha,nes, Kreuger and others of the official
board worked like beavers TO get tbs
goods away b.fcre restrained. County
Treasurer kiump, seeing what was
going on and remembering that the
colony" owed SIS of delinquent
taxes, made = demand for same or Sc
curisy. He va. given goods TO secure the
cfsiua of the county, Of which be at once
took possession. AZ is evident that the
dissensions Of the members OF the "col-
ouy" will speedily wind up its affairs.
Long ago the smaller stockholders, who
have been crowded out by the present
management, gave up believing their
holdings we're Of any value
The Puget Sound Cooperative Colony
was organized in Seattle some six years
ago. George Senable Smith, Mrs Laura