The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-05-05
PlCKERY ECHARGED
1m1y 81 Boston National Bank
e Receiver Bryant
- noHTnEan PACIFIC CASE


- Des4en National bank. eno q the
~.11fIerers against the foreclosure peocesd-
~ e the Manhattan Trust Company or
WSw Yerk " the 64attle Coal and Iron
+ 6rnnany. denies many Of the aliegatSons
~11s 81 Receiver John n. Bryant IN his
Il - 10 the petitions. and does not heaa-
~ 10 say thai Bryant rssorted 10 srickery
r he(raud the petitioner and 10 deprive Il
= IL bankesr lien upon the funds Of ths
Uueaay-
~ 6enia, Is In the form n reply 70
nIvnars answer and was 6Ied yesterday m
~ superior court. II denies that the
4 0oefeags referred 10 In thu answsr con-
( Q1vo6 III Of the property Of the Seattle
c1nJ aod Iron Company TO the Manhattan
4kuot Company. - trustee, ana alleges
~ ~ only propsrty conveyed TO the
Nu1eea Vas the real estate owned by the
/ es7srstjon and the personal property. such
= sass, rats. chutss. scales aad other min
- appnrtenances and all the personal
o1npsfy Of whatever description. but the
0o9tngs did not conway. or attempt to
eonvey. the accounts or any other propsgsy
- that described above.
= ~ answer TO the petition Bryant
/ ao&o6 fhsf while he was president Of the
eorpesation he had supervision OF the moro
nnenl business AFFAIRS. but that the De-
!. - and local management u the corpora
- y The state were left IN charge Of tho
- preaidents and other odlcern ana
enunt4 and that he was therefore ignorant
r H. details Of the business efHairs Of tho
sosDoFation and ignorant OF the claim Of
~ petitioner. further than that he may
NJ had . general knowledge Of the fact
~ the corporation was indebted to the
ootil1oasr.
M statement the petitioner dsniss en-
Gn1ieeiIy. and states thaf Bryant at that
- And Always for that matter. had fun
1noWjsdgs and notice Of tho claim. both -
DGo11snt Of the company and In all his
/ 1cDof relations. Tho petitioner also dsnies
III the Seattle Coal and Iron Company
Ut IL the Boston National hank large de-
coatD Of money. ~ alleged by Bryant In
~ answer. but that. ~ . general rule. Il
~ 0ot keep In the hank Z sum Gul3cient
= equal the indebtedness Of the company
= he bank: II denies that the deposits of
~ Coal and Iron Company were In any
oonG1derahie value to the bank or that thsy
~ In any way solicited; II denies that
- hank Was DESTROYS OF the patronage OF
s - company for the advantage accruing
= 4 from its deposits or otherwise. and
1en1as that II was willing. for the purpose
Gpsocuring the deposits. TO advance money
= ~ Seattle Coal and Iron Company. II
I occasion required u. or at all. except upon
~ promises Of security and rspresentae
49, alleged In III petition. II sAys II was
~ hmiliar with the course OF business OF
- Coal and Iron Company. except that q
~ Informed. and misin formed. too. By
~ representations Of tho agents Of the
bondhoIders and receivers.
Ihe petitioner further states that u is
no that II was the custom Of J. II. Bry-
~. y. A. BELL and n. r. Talcott 10 pay the
uogss Of the employees and miners on the
~ u each month. but that II II untrue
~ the laborerB and employees Of tho COM
cony took their employment upon the faith
= any Arrangement 10 this effect, and that
= such an arrangement existed the peti-
uonsr was no party thereto. II denies that
~ funds were collected In the hank for
~ such purpose. and avers that tho
eAecking out Of the sum OF Sl0.sOo immcdi-
etely preceding the receivership. under tho
lrpction Of bryant was . mere trick and
0bterfuge on the part OF Bryant to de-
6and the bank and 10 deprive u OF its
banksrs' lien upon tho funds and 70 satisfy
Ne claims OF the laborcrs. whose debts he
YER knew would be preferred claims by the
erders made In the impending receivcrrhip.
end Il AYERS that the balance OF fhe fund
rsnaining after checking out OF tho 80. 80
was disposed OF by Bryant.