The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-01-21
SUNG FOR DAMAGES.
maker Wheeler on the Stand
Against c. P. Stone.
. uclpLY CROSS EXAMINED.
~. Eliza NJ. Fraser Receivers Insur-
ace Policy In Fuii-Coroner Ask
ans suit for Fees.

,.,xsr II. ". Wheeler's $4,000 damage
=. .xasnsf c. +. Stone for alleged dam
- "a character in the litigation grow
- AIT OF the appointment OF q receiver
- re Blaine State bank. Is on trial be-
80 Judge Humes in the superser court,
- Yesterday Wheeler himself was on the
-; 90 direct examination his testSno-
= vas in support Of ceoials OF the allega-
...rx of the Gleason affidavit. which was
.~snsunced false in every particular. There
- preliminary skirmish, however. in
.-leh the defense sought to throw the case
- Al court on the ground that the action
81 been brought upon allegations made In
ssssrs filed In court, the conteauan being
80 such statements, no matter what their
rssure were not actionA5le. In presenting
-. phase Of the controversy, the defense
~ that the English common Law was ap-
.leable. but the court stated that the prac-
"a il this country would admit Of the ac-
ras being brought
On cross-examinatiou Wheeler was given
rz.r 70 j. T. Ronald, who sought to bring
al the inner workings Of the Commercial
national bank, the National Investment
Company, the American Investment Com
say, the Sidney Sewer Pipe Company, the
s.rey Hotel Company. the Puget Sound
line Company and other organizations
vith which Wheeler had had intimate re-
h,sons The answers were not at all times
satisfactory TO Mr. Ronald. A portion OF
tns testimony was as follows:
Qasstion--ls ii not a fact that L. Fl.
Wheeler owned every dollar OF the stock
a tie American Investment Company, ex-
cert one share. which w. II. Chalk owned?
Answer-He might have.
Q-Do you mean 10 say that You made
ths loan gS.e45.So) to the American Invest
rsnt Company without investigating its
sanding? Al probably did at the time
Q--Don't you know IL to be a fact that
there were no assets and no property what
ever belonging 10 the American Investment
csmpany except that fl owned the stock of
tie National Investment Company A.
Tat might have been the case. ] don't re-
member now.
Here the witness was shown the note Of
lie company. signed by Chalk as president.
shs next question was:
did not the American Investment Com
pny put up every dollar OF the capital
sock Of the National Investment Company,
With the exception CT two shares. as securf-
q for that noteT' Alt may have done So
How many shares OF the National In
vsstment Company are pledged as collat-
sal for that note7" was then asked.
Altar examining the note. witnesss said
nsrs had been pledged ten shares In the
P4xrt Sound Lime Company, twelve shares
b TIC Sidney Sewer Pipe Company and
Lnsiy-eight shares in the National Invest
nsai Company. Another question brought
~ q statement that there had also been
ri up four notes of 500 each signed by
"a Sidney Hotel Company.
9-Was not l.. II. Wheeler one Of tho
rafipal owners In the Sidney Hotel Com
pay? Al understand he was
e-Didn't he have an interest in the Pu-
81 Sound Lime Company? Ale might
have.
Q.-what interest did Lee Wheeler have
b the Puget Sound Lime Company A.
BE was one OF the principal stockholders.
Q.-When did the American Investment
Company borrow so from the COM
rercial bank? Al don't remember the
Gate now
Didn't l.. II. Wheeler owe the bank
The sum OF money that Is shown upon the
rote OF the American Investment Com
banyf Ale might have.
Upon being asked IL l.. II. Wheeler did
rst owe the bank on September 80, 1853,
tssSS0 for which the bank holds his note.
re witness said. ''IIs might have" Being
frther asked II the hank. through HIM
OF as president. did not on the same date
Errender the note 10 J.. IL. Wheeler. he
rssered. I'VE might have done So Asked
4 the American Investment Company did
%, on the sarna day give its note for the
nme amount 20 the bank. he replied, ''He
nlght have done So" Asked IL tho note OF
re American Investment Company had
ger been paid while Ia was president of
De bank, he said. IL do not think so. 1t
night have BEEN
So the cross-examination proceeded until
tls. when Mr. Ronald announced he had
finished. and the court took a recess until
MS morning, when the case viii be taken
% Arain