The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-04-15
The COUNTY THE AccusER.
Waldron Insists That Certificates for
$s0.500 We're Dummies.
Ut. hsdpAsh, Suspected OF the stens.
COON Poisoning. Speaks FRANKLY
Treasurer Boggs, of Tacoma, was

W
com county bank aud the equally sudd en-
closing OF the Bank of Fairhaven, which
ne established, and Of which be was the
sole proprietor. The situation. so far as
known last night. was fully stated in the
fosr-lsrslLieEScEg today except tha,
long after the telegraph offices closed an
attachment for s6S. 900 aga;ns, Waldron
was issued, aud an indemnity bond for
$4,000 filed with sureties as follows: W.
FINLEY Hall, $1,000; Hugh Eldridge,
S0ooo; Edmund Cosgrove. $4,000; f. NJ.
Clothier. &.o0o; Robert Knox, $5.ooo: L.
W. Purity. $4,000; NJ. C. Latta, $1,000;
II. b. Strand. $1,000: DIR. b. r. Gill, $io.-
Ooo; I. G. Nickiin. $1,000: Henry Roe
der, $2r.ooo; Victor Roeder, $io, 900: j. III.
stenger. $4,000. As already stated, Mr..
Waidfon Is the heaviest bondsman OF the
county treasurer. and in consideration OF
this accommodation the treasurer has de-
posted the greater portion OF the county
funds with Waldron. On the treasurer's :
original bond approved by the old board of
commissioners, the surcties are Mrs.
Martha Rogers. the treasurer's wire; W.
Finley Hall, 5000: +. w. Puriy. $i0. 900:
Il. w. Loring. 5000: j. Kiidali, $4,000; =.
kiidall. $1,000; II. &. Bell, $4,000; John
Eiwood. 5000: George c. Deliinger. So
600; Will ID. Jenkins, $1,000; w. J..
Simonds, 1000; c. Semon. 5000: c. NJ,
Atkins. $4,000: {. w. Waldon, $50, ,oo0
On February 10 the county treasurer
furnished an additional bond TO tho
county OF So. 600, with sureties as follows,
1ustifyinR for $tsS. 500: Edward Cosgrove.
$1,000; Hugh Eidridgc. $1,000: Charles
Roney, $4,000; Thomas Clarke. $500: r.
4. Connolly. 5000; I. n. Orchard, S.. 500;
Charles Celene, $1,000; Peter Culkeen,
$1,000: l. Nj. Galbraith and wife. g., 0oo; A.
Mckenzie and wife. $1,000: Simon Nc
Leod, $l,u00 This second bond was given
on account OF the new law which provides
for the payment of city take, to the
county treasurer. The county is further
believed to be secured against possible loss
by reason Of this affair or deficiency re-
sulting from any action of the treasurer,
by deed to all the treasurer's property,
valued at about $50. .0oo. given last fall to
Victor A. Roeder in trust for the county.
This was demanded when il was shown
that the treasurer didn't have the cash on
hand which il appeared from his books
that hs should have. and because the
commissioners regarded his old bond with
great distrust. knowing several of the
sureties for large sums to be practically
insoivent.
1t appears that4u addition to the amount
represented by the disputed certificate OF
deposit for so. 500. referred to in the Posr-
ISrTELLIcEscEK today, the treasurer had
q credit of about s32. 900 in round numbers
in the Whatcom County bank and about
$4,000 in the Bank of Fairhaven. And
rat At r.
81 900 on the Whatcom County bank was
refused yesterday. precipitating the trou-
bile. In reference to the disputed certi-
ticatc OF deposit, Mr.. Waldron
confirms the representation made
by the PosT-ISrELIIagScER today.
He declares that It was simply accom-
mediation paper" given TO ward off an in
vestigation which might have been most
embarrassing for the treasurer and iniuri-
Gus to the county, and that 1, was not to
be held as q bona fide certificate redesma-
BILE at any time at the bank. THE Posr-
IsrELLIoEycER's correspondent asked him
If he regarded il as accommodation pa
per" to the extent that at the time ii was
given he did not ask or receive sufficient
security for III II did, he answered, land
it was so understood by the treasurer and
the commissioners, and the agreement,
which was merely verbal, was made in the
presence Of witnesses. took the treas
urer's note and few papers, but l didn't
consider the security ample or anything
like il, aud they knew didn't "How
about the additional xt5.0oo?" asked thc
reporter Are you ready to account for
it" Yes. sir: am. II that certificate
is relinguished / will return the note and
such security as took for il and pay to
the county IN cash. or it's equivalent. every
dollar of county money that l have really
had"
Asked in reference to his liability on the
treasurer's bond. he said that he would
pay his pro rata portion of tho loss IL the
treasurer Is found TO be short In his ac-
counts and the bondsmen are legally liza
bic. As To this liability, the contention
ma ,be made that the acceptance by the
commissioners last December of the three
bank certificates for an aggregate of about
s., coo. released the bondsmen from liabii-
ity for any actual shortage that there may
have been at that time.
Mr. Waldron says there is no truth in
the report that he has transferred his
property TO his wife or any one else, or
that he had any intention of doing so. He
made money very rapidly in Fairhayen
during the boom. and has long been re-
garded as one Of the wealthiest men in the
county. Opinions vary greatly as to the
actual value OF his property. lie Ii large
holder of Fairhaven real estate. most of
which has cost him but little. and its value
10 very largely dependent upon what
Providence and Jim HUI may have in
ssnya for tas mara He In NOT a man a ha
has many conhdan,s, and it is not likely
that any one except himself knows much
about his affairs. II the amount involved
is lost. or even tied up for aiong time, IL
will seriously affect the couniy's credit
and greatly retard. IL it does not altogether
stop for long time. WORK upon public i'm
proyements which promise to accomplish
much in promoting the settlement, and de-
velopmens of the county
About O'Clock this afternoon Ws.dFsn
WAS arrested In Fsirhavsn on a complaint
sworn 10 by Deputy County Treasurer
Hand.ehy. who has handled all the county
funds sfncs last December, charging him
under the act of March 10. 1873. wish hav-
ing received fos deposit s0,yDo in the
wha.com County bank after he knea said
ban K TO ts in failing circumstances Fair
haven citizens this eveoing furnished
bonds ia the sam of S'S1 Go for his appear
aaee at a preliminary hearing Wednesday
AZ 10 g. ID. In consultation xith attorneys
this afternoon waidron offered 10 furnish