The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-12-02
THE NEWS OF TACOMA
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$1,000 - Ex-Trsasursr DDGws .
Party 10 The OBSERVATION-DISCLOSURES
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DsesaDss Interest PayneaG
Taeoua Bureau % re Pcs<-lntsll3gsacsF.
Ia Paclnc Avenua

rasoua Bureau o. re Poss-lntszsgsncsr.
Ia Paetnc Avenua
Tacoma Dec. 1-6pectsI-Three men
famous in both the written and unwr4tfen
history Of Tacoma are Interested In .
case that vas On trial today before Judge
Prftchard- They are George W. Boggs
for nearly four years treasurer Of the city
OF Tacoma and now under sentence 70
the penitentiary for seven years; Gra1San
r. Wheeler. OF Bank Of Tacoma fame
now a resident OF New York. and Angelo
Vance Fawcetf. whoss short-lived reign
as mayor Of Tacoma il q matter OF re-
cent and notorious record. A merry
comedy was unfolde6 In the testimony
taken today, in which fhs banking meth
ods that ruled In certain financial circles
In the City OF Destiny are shown up and
disclosed In al their naked perfection
Last spring A. r. Titiow. receiver OF
fhs Bank Of Tacoma (successox TO the
Tacoma Trust and Savings bank.
brought suit ssains. A. v. Fawceft and
J. J. Malone. the latter a. principal and
the former az surety. 10 recover on
proulissory note dated In August. 1889. for
si,ooo. Some friends OF Mr.. Fewcett. who
was 1T that time a candidate before the
people for the office Of mayor, we're an
kind enough TO insinuats that Mr. Titiow
brought the suit to embarrass MIR. raw
cets IN his campaign. That was before
there were any silver Republicans, and
Ar. Titlow had always been q staiwart IN
the ranks of the oid-rime Republican
party. Now it's different; II Ar. Fawcett
were again a candidate for mayer. Nr.
Tftlow would be found doing all in his
power to advance the political interests
OF the man VINO has long borne the title
Of Turkey Faweett. Mr.. Tftlow left
the ranks OF the Republican party along
with Squire, Turner and Jones. and. Sc
curing the nomination the fusion
ticket for prosecuting attorney OF Pierce
county was elected at the last election.
But Mr. Titiew. having filed the suit,
was forced, although perhaps against his
Will. seeing as ne and Fawcett are pollt-
ical bedfeliows now. 10 prosecute the suit.
Today the trial was begun before Jury.
Mr. Malone. the erstwhile boss of the
Democracy Of Pierce county, but who has
given way. since the Elisnsourg conven-
ton. to Mr.. Fawcett, was represented by
counsel. as was also the ex-msyor- The
latter fled his answer and will testify
tomorrow. In his answer Nr. Fawceu al
leges that he received no consideration
whatever for the note. and signed IL mere
ly as surety and as an accommodation
lie VIII testify tomorrow that he was In
formed that the note had been paid and
had forgotten all about the transaction.
From Aaione's testimony. which was
taken this afternoon. the original tra.a.-
action. In ell its interesting details, Was
given out IL appears that George w.
Boggs had become indebted to Malone IN
the sum Of Gsuo0. Malone needed the
money in his business, so one day he went
down to the city treasurer's Office aad
found Boggs In. Delicatsly he informed
Boggs OF his temporary financial need In
the hope that the treasurer. who was st
that time very fiush with money and was
engaged In the floating OF several large
= atnrE
member the loan OF Si.ooo and advance
him the money.
'sOh, never mind that" says Boggs. "I'N
fix 81 for YOU" This was a common ex-
preston al that time with Boggs, when
matters or 4 financial nature were talked
OF with his friends. and In pursuance 70
an agreement entered into At the time.
Mr.. Malone called nsxt morning at the
Office OF the Imperial Loan and Trust
Company, al the corner OF Eleventh and
Railroad streets. Here Is where Wheeler,
who vas secretary OF the company, comes
81. Wheeler was Bosgs predecessor in the
Office Of treasurer OF Tacoma, and was
his close friend and associate through
the maze OF his nefArious dealings willis
In Office.
Malone asked Wheeler IL Boggs had AR
ranged tho matter" or. In other words. IL
he had directed him to make q loan 10
him lMalone.) Wheeler replied IN the
negative, and Malone left with the request
that Wheeler telephone him IL Boggs gave
him the word TO make the loan. At noon
Malone received the expected message,
and repaired 70 the office OF the trust
company.
AT this stage Is revealed the winning
arts practiced by Wheeler. The secretary
suggested that Malone make out his note
for 81 600 and ges Fawcett who was a
stakeholder and trustee OF the concern, TO
indorse II. II appears that Fawcett had
taken block OF stock. but had never paid
for H. Malone acguiesced. and stratghtway
secured the required Endorsement. He de-
clares. however. that he was only paid
500 on the note. which he regarded as
merely a formal affair. hoping and expect
ing that Boggs. who was also stockhold-
err in the concern. would see that the note
was never presented.
Tine rolled by. and one day Fawcete
was informed that the note had been paid.
Ills surprise may be eoniectured when one
day Bookkeeper MoIvfg. OF the Tacoma
Trust and Savings bank. brought suit on
the note. in the superior court. In appears
| taat year or SO after the note was made
Wheeler sold his Imperial Loan and
Trust Company 10 the Tacoma Trust and
Savings bank. Of which Bert Allen was
I president. and after turning over the
I notes ard other securities he had became
1 the cashier Of the consolidated hank
Malone and Fawcstt. but X was afterwarsl
I set aside
I One day after this had been done. Ma
I lone went into the Bank Of Tacoma sue
4 cessor TO the Tacoma Savings bank. where
I ne met BeEgs. He asked the latter II no
I Intended 20 take care OF the note and
I BogES. who had great influence with the
I hank. replied that he had. This Is how
F, Fawcett received word that the note had
4 been paid.
| THIS is the story as II - told by the wit
nesses in tire case. Ths funniest part OF
/ the transaction is that Malone was tn
I weighed hy Wheeler into giving his note
/ for s. coo IN order to ges from RoEgs 500
/ tssat the latter owed hlzs
When the e3fy fathers became worried
/ ahoak Treasurer McCauiey's balance OF
( s12s 0oa "a TIE Bank OF Tacoma. The bank
placed slsi.eos q notes IN the treasury as
{ collateral security. President Allen was
allowed Access 70 tae securities. and one
! Gay noSe was taken our % be collected
I and the Malone note substituted for Il IA
re envelope coatainsng lhe securities
Recalver T4tlaw sfterxarst came into pos
session of these and brought suit on the
note against Malone and Eaxcegt.
Taeoua@'s Interest Pawuenf