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

ton that the place be declared vacant
Thereupon, he says, II. w. Wheeler stated
that the motion could not at that time be
acted upon because the bylaws provided
that for such "A purpose a special meeting
would have 10 he called on ten days no.
tice. After adjournment Miller, Barnes
and Kingsley wrote out call for A spe-
cial meeting. but on assembling at the
bank ten days later they found the meet
ing place locked and neither of the Wheel
ers present. The janitor informed them
that shortly before the meeting hour the
Wheelers had demanded of him tho key
and on receiving IL had locked the build
ing. The next regular meeting was to
have taken place September .. but neither
OF the Wheelers appeared and the janitor
again gave an explanation by saying that
they had taken the key from him. IT
guess there must be something up" was
his comment.
Loaned Deposits to Themselves.
Miller explains an obligation whereby he
is said by II. ". Wheeler TO owe the ma
tonal bank large sum OF money. Miller
acknowledges owing the bank $500 on A
debt originally for $500 However. he sp-
pears liable 10 the bank in $500 as in
dorser. but has kept the interest paid on
that amount, and at the time the state
bank went into the hands Of Receiver
David had $40 on deposit for the purpose
OF meeting interest rs Il accrued. On the
other hand. Miller believes that the hooks
Of the national hank VIII show the four
Nheelers 10 owe that bank il excess of
Ss.0o0. no part OF n secured in any wy.
and that they and each OF them are wholly
insolvent. Affiant denies other statements
made by H w Wheeler and declares that
the president and cashier loaned the funds
as fast they were deposited in the bank
for the use and benefit OF themselves and
their brothers.
Miller also denies allegations made in
the affidavit Of T. r. Wheeler. and sub
mits q statement or the assets Of the ma
tional bank. showing the face value OF M
merouS notes 20 be many times in excess
OF their actual value
Feared an Examination.
The letters which passed into the hands
OF Receiver David when he took possess
sion Of the state bank are seven IN num-
Der, and arc attached 70 the af1davits as
exhibits. The first is dated November -
1884. IS directed 20 II. w. Wheeler and is
signed by r. r w In the extracts
given below single quotations represent
understandings IN the originals The letter
reads On part:
~ may so 20 NhatCom today and may
not. The way matters are. / don't like 10
he away until We hear from our.
II should go away 70 Whstcom and there
was any trouble. With Hunter here alone
10 would not know what TO DO. and don't
propose FOR any examiner or any one else
getting possession q any OF tho assets
and You could run M To WhatCom any
night and make a satisfactory arrange
rnent With those men. II you wanted 70.
on the other hand. YOU are anxious TO try
sui get away and leave the whole thing
20 me 10 fight out alone. The change las
damned ues- ruined all the business We
had. our deposits have gone down over
S.iso since We caused the change. and no
prospect for any change for the better.
Try 70 40 UP 10 Whatcom before
YOU leave Seattle. and see If YOU cannot
induce Work and Mcleod 70 come In.
You can wen see why I don't wish 70 be
away until after We get definite answer
from the comptroller. 7 see the CONNER
cial and Seattle National have consolidat-
81. What effect viii that have on The
trlSte stock? I cant see how You viii
avoid any law suit hy going 70 san Fran
cisco They can set service by pubIca-
ton. any way"
">frictly to Ourselves"
The second letter is also TO II ". Wheel
e.. srd - dated January Is 1885. Il says:
I have Just received advice from tie
Chase National that our bonds have hAen
disposed OF and the amount credited This.
OF course. Ne wish 20 keep strictly 10 our
selves, as We shall need the money 10
meet the I>atlraer paper. and I am posi-
tive that he VII extend s7es9 81 il II Ne
paw him Sl-se. ara YOU pay him the mao
You owe him. This viii give Us casn esr,-
ital 81 40 20 start n ca our business,