The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-10-09

- III q Kent VntcD - owned Dg10-
800 q Ssatfis parties. yesterday 49,
/. - . : pressure brought upon it. 70
:,sS11Elnr n a. ENHANCEMENT u IT. business
Sss1S an6 admitted ~ insolvency n The
.s.-e1oer coass before Ju1ge Langley. The
S.se~rfhiztty u rsalistuE on ~ assetS led
- - sAmiaEten. which found sxpreos-
- = - action brought aSaiust the hank
Nv. z Overlook
3 nmy gatae6 some c4rcuh<1on yesser-
- 90 large amount Of county funds
- - lepeu5t. bat knvsUy1OAf1oc resulted
r. snvufnx up me fact THAI there was bur
- e county money IN the bank. and
SGf : Ind furnished By the bank o0Icers
- esedkholders - Individuals - anpIs
ssur1ty fos ne snail aaDeunt
r. - oompinint Mr. OvsrSoek etoteD
- - had deposit Of 90 In The bank,
~ ut ou Octobsr : 10 drew . check
x.s ~ aDouns on ons q the regular
1sl6e q me Institution. which ~ pre-
- - lhs pay1ng teller. This cissck,
~ ceuplAlnant states. was refused. and
1-rr1oek was Informed BY the oficers II
~ knuk that there were not sumcteDs
1-s = shs bank 70 meet de chsck, and
@-rrkeruypre chat they could not Or would
~ nay the check a. any part OF II.
- esk stated. and died IT the same s1ns
- 0mHsvfs 70 the same effect. that he
s-n-yo6 ne hank was indebted - de-
~c11anes n the sum Of G1.gqo and 0fher
~1e1w u.So in bills payahie. Its aaRts
sunssssnted ~ bains $50 II cash. bills
nfvsbis - the value Of S.ese and res1
s1s-Ss1e. an ~ face value. "a. 900. The plain
~ - - did not believe THAT the real
- was worth more than Si0ooe. and.
p - hank cannot realise on it, rea! es-
- ner hins receivable Sufficient 70 meet
- Asmands Of deposstors and creditors.
- oouap.ssnt asks for Judgment for 30.
49, from October ~ per cent until
- ma costs Of action
- answer OF the bank. f1led 81 the
ame time, admitted all q the allegations
"a fhe complaint except that portson In
"a IL assets are Represented - being
- jess than face vaiue- The answer
- signed by Edward r. Tremper. -
~ president
enrt yesterday, and the result Of the
feor1ne vss Judgment against the bank
r aver q Overlook Tor so. intsrest and
eoeea ana the appointment OF . receiver.
N ]. shsnn, whose bond was nxed ct
- With two Durefiea- Mr. ShlQ0 also
GeA n accepsAncs Of the trust
hnsayy Ct the Once Of the county treas
- o6duced the Information that the
~ e both the oflcsrs Of the bank. and
tarmoa,yas and wives ~ Individuals. had
~ naSs out for s7S.oeo TO Treasurer
Napleand that the ONCE considered the Sc
eusify good II was also learned that when
- Hnnk Of Auburn failed. after making
: r. showing In It's report. the county
heaoufer determined TO reduce deposits In
ewtry hanks. and with that end In view
- amount in the Bank Of Kent has with
= ~ nAxf three months been reduced
tfsm N69 10 tho amount named above
nm The exhibit made In the recitation
& - value Of the banks assets and the
omernt of TT liabilities gives . balance
y lasnr of the former Of Gi.2o0 Admit
- that tie real estate hiss deprecated 50
- sent, - stated Ia the complaint (which
- Attendant dsniea). there ID . balance
= ~ right side of the lAcxsr a. N.3o0.
~ oond given the county treasurer by
- haak. - eustodians Of county funds.
- j L Blaine. N secretary. and by Il.
j 0s1orne, Carrie ~. Osborne. r.. l..
Nolne, Julia r. Blaine. Edward p. Trem-
~ ana Hattie A. Tremper.
tf1nk Johst. the Wholesale poultry deal
- ~ commission merchant Of this city.
- check On the bank signed BY Berlin
taoA. u Kent. A day or % before ne had
edlvored An order OF sugar 70 Berlin
m Ard had received the check in pay
eeat He was called up by telephone
~ Kent yesterday morning and asked
= hsd cashed the check ret NO."
eaeeered Jobst. well. you'd batter hurry
vas the reply. 1.-The bank has gone
- he hands Of . receiver" Frank
5s1se waited TO hear no more. bur banging
- NE receiver. he rushed up town and
~ Az money. The rest OF the day he
- oongratu'atiIg himself on his good