The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-10-20

which should be ample. ] am anxious to
get our Incorporation formed and let TIE
money we borrow be an obligation or the
Incorporation, to cover any kick that
might come up from the other Stockho.1-
ers or directors about our borrowing too
much money My opinion is
that Lee had better not take any active
part here, but give his whole time and
study to selling the product (sningles)
East If Lee is not IN active
business here. we can get Miller 10 pay
one-third of his travelling expenses East
and save that much"
Next comes letter dated February TO
N H. Latimer manager of Dexter Horton
g. Co, wherein it appears that note or
II. W. and E. r. Wheeler for 5000 and a
draft for $3.50 had been inclosed in pay
ment of a note for $500. Under date or
August Il E. r. Wheeler wrote to H. II.
Wheeler that the latters note for sll9 had
been credited with sl3.52. paying nis bin
in full. On August 50 a second letter TO-
l.. II. Wheeler appears, saying:
a Thing Which s.Looks Bad"
'Tn answer to yours of yesterday. Yes.
we got Miller. and l inclose copy OF res
olution offered by me and copy OF notice
of sale. also copy of notice of call for meet
ing OF stockholders of Blaine Natlonal
Bank If you do not deem II advisable 70
continue the notice, write me and we VIII
OF the c. D. / have placed $50 TO your cred
It on general account. and inclose c. d. on
this bank for 1885. II looks bad for me 70
be paving your drafts with nothing 10 your
credit, and I don't believe l would 90 II
again. Write and send ne your bill so |
can make a proper charge. ana that VIII
look much better. am Of the opinion that
this thing IS going 70 wind up IN a big
fight unless we can get funds sufficient 10
pay all OF the depositors off and WIND II
up What luck with the loan? II you
cannot get $500 get $500, and we can SET
along. No, we have had no withdrawa.s
SO far. but cannot tell what may come at
any minute Do not present the c. u.
for $685. without letting me know. as IL
might put me In bad shape without notice.
VIII write you every day. Do your ut
most 10 get the $500 If possible
Anxious to Close Deal.
Under date Of September 5, Z. r. Wheel
eT wrote as follows:
Il note fully yours OF yesterday. and
enclose c. II. for $40 = and draft No. l,oS0
for ss4 e. | wired you Just how 10 close
trade at par without fail. / am afraid, as
] told you, that Goodfel!ow, or any one
else would not buy those warrants, even
at par after they investigated the district
Now. Labe. il is important that YOU act
promptly IN this matter and get the loan
from Goodfell0w If possible, as am afraid
cannot afford TO lose the sale az a little
less than par. On receipt 81 my telegram
I trust YOU have acted promptly and sod
those warrants. Get all you can on the
note from Goodfellow and send the money
70 me by express I want 70 make 70
plain 70 you. that we shall put ourselves
where we would be safe and then proceed
20 fight the thing out and collect our pa
Per. Don't think I am finding fault with
you. but l feel very anxious 10 get that
deal closed"
The above Nas followed the next day by
this letter:
In Rad Need Of Money.
Il am in receipt OF yours OF the 9Th,
snd am terribly disappointed, as ! told
you how anxious I was TO dispose OF them.
and you should have taken Goodtsilow
check when he offered IL 10 you. This
upsets everything. II you can't 90 any
better. let him have the sls county war
rants and bring the money with you, as
We have decided TO have you here Mon
day. so you can come up on sunday, or II
you think better. come up Monday 50 as
% b here Monday evening. nave been
afraid o: this deal not going
through from the STAR, ana an
positive row that you can't do
anything with the warrants y food
fellow has written 10 the county treas
urer as l told you the whole lot we're IN
suit and wished 20 avoid his iuveS az ating
that. No none OF the warrants nave peen
called. but as I told you. the money - IN
the treasurer's hands II pay them. out Is
claimed BY the bond company, ana OK