The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-01-06
DEEEYS GIVE UP.
cosfsss Judgment Cor
Oycr $500, 900.
- INCURRED ON CAR LINES.
- ssss Aeaiass DsnSesy d.
7|:..~a-wssslsks wants Osvssess
m.ki.g serious Charges.

<-~>>~
Z q alignment in the superior court
- xeft. These were three suits
= y Se,sanst them. all on promissory
- sss~er "a connection with the street
- nnes heretofore under their con-
q - ~ AMOUNT On the Judgment tn
~ -. 4 A follows: The 2s:set Sound
sss.i hank W. ID. 7. and John q.
3s.- n7u.A: the Puget Sound Ma
81 3,snk w. d. r.. John b. ana d.
- penny, 81. zs.sz: r. T. Hiunck
- 1ohn 3. and d. Thomas Denny,
Nrsf suit was brought On two
=S rspectiyely for 5000 and $1,000.
~ =. suUersng the Uernys say that
80 z lsac. they borrowed Of the
- ID cash, payable In three
nut the note, not having been
5'5 - taken up June Is and renewed.
E5sI.s aexiu renewed September iG, De-
Ss, & and March Is. 1888. the old
!Is so firae being Cancelled. No pay
sis rses ever made. except interest.
~ - - time OF cancellation. In refer
- he second cause Of action the
20 recites that on September Z.
- hank loaned the Dennys 10000.
-, kefrx given and renewed Decem-
~ Fsbruary 4. ls9s, and Aprii 8. In
I1sl has been paid up to the latter
There / snow due on the two
s,x6.A.
y eecsnd suit was on a number OF
Is Jacob Furth, and one each to
|X| i etexart and L. H. Griffith. and
<,ed 10 the bank. There are nine
s u sction, and the total amount
! 1870 10 be due Is $l25, 1862. The
eances leading up to the present
e Affairs are as follows: On
= isss, Mr. Furth being then the
a twenty-five OF the first mort
honde aaa So, shares OF the capital
n the Seattle Consolidated Street
S11sx cooapany. sold them 10 the
- b consideration Of s21.2ls.75. I'd
III 81 the purchase price they exc
undkr date OF March l. 1893. three
80 respectively for $2lS-7s, $l.OO and
- tutsrest at per cent. payable
1ennualiy. and X not paid to be
1osnded
! - March Il. 1893. Furth also owned
e hsres OF the Front Street Cable
10y company, and 3i2 IL shares Of
xoefh Seattle Cable Railway COM
-. and sold them to the defendants
} msSAn They gave note for that
An exactly similar transaction
~ place IN references to the note given
q erart
~ a the nth cause OF action, tho l..
" oftGsh Realty & Banking company
T. Narch !, 1893, was the owner Of .
IN nDg4gsxe bonds OF the Seattle Con-
115ad Street Railway company and
In Am 70 the Dennys for $4,000. re-
sleg rFumdssory note. and on the
- 1ate made q similar purchase os
81 nj mortgage bonds and 1883 shares
~. The consideration being $i5.06.
~ toss was Immediately pledged by
0fl1a3A 10 the bank. with the consent Of
~ e1epany. for debt amounting to
- and evidenced by a note for that
- payable 10 the order OF the bank.
IN The t3.o00 note $20,0oo was paid April
md new note made by the Grifiith
cany for tli,Ts7s. which Is now due
- interest. and the Denny note for
- b held a. collateral There is now
~ E7.sss.sS
q August a. 1892. che bank loaned the
8aeeidated company $500 In cash upon
: sxty-shy note. December . the COM
pay paid s,aoo. and. taking up the old
~ ave two new ones. respectively for
~ payable in four months. and for
~ pasable in thirty days. The latter
exe ms paid and cancelled January ..
and April % the $1,000 note was re-
efxea By the company and payment
afsnfees by the Dennys.
~ Asfrh 2. 1898. the hank made q
EsaF ban to the company Of $l1.430.
liysnx note Endorsed by the Dennys.
II Awo Smith. c. s. Clark ani A.
UNA there Is now due on this obliga-
~ meas
y essisn by Blunck was brought on
ntss. and In answer to the ailega-
80 Z the complaint the defendants say
- ne obligations. aggregating sisa.-
we're entered into March 1, 1893.
ssser with another note for $s,1s4.7s,
lment of an agreed purchase price
= oonds Of the Seattle Consolidated
sN hallway company, each OF the par
g Vino, all dated April /. 1891. and
payable twenty years after date:
AIS shares OF the capital stock
ue eosapany Of the par value Of 500.
5 ehts and stock were sold TO the
ys ny Bmnck March I. 1898. at an
~ price OF sis7 .se5-shat IS, at the
We Tor each OF the bonds and -
@sase o. stock. The bonds bear In
- = per cent. and are secured by a
esea on the property OF the COM
q go ekscasea I" the Central Trust COM
y " New York. April /. 1891.
paymeats OF principal or interest
- esen made on the ten principal
aud there Is now due. including
kteyx TEAS. sisa ar a.