The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-01-19
Caused by Bold Disciples of
Gillett.
SOLD MORTGAGED CATTLE
And Defed Creditors = In
wolves Innocent Party.

Deputy United States. Marshal Fred c.
Trigg was at Beaumont, Kan, Monday on
oficia, business in connection with cattle
case the details of which unearth the
brszen deeds of two young jackson coun-
ty farmers. Their names were not ma
terial to the case which Mr.. Trigg attended
to- and could not be learned. However,
these young men are fit disciples OF the
audacious Gillett, but much his superior In
gall and adroitness.
About year ago these two young farm
ers. of near Horton, bought 4O2 head OF j.
year-old steers, and borrowed from the
Central Savings bank of st. Joseph, NO.
SIS. 900 with which to pay for them Soon
afterward, seeing they were getting in
volved seriously, they sought TO sell the
entire bunch. They found a buyer in A.
H. Van Arsdale, owner OF the Oak Grove
cattle ranch at Beaumont. The cattle
were represented to Van Arsdale as be-
ing clear of any judgments or debts. They
were offered to him for 81, 900, $1,000 less
than the mortgage on them. Mr.. Van
Arsdale is a good judge of bargain, and
he took the entire bunch and paid for
them on delivery at his ranch. Then the
Gillette spectators called on their credit
ors, the Central Savings bank. and told
them they had come to take up the mort
gage. but they had only $1,000. The bank
ers demanded $4,000. The debtors, with
an sudacious air, told the bankers that
they would have TO take less thhl 81, 000
for they considered that they ought to
have something out of the deal themselves.
For $3.50 less than the $1,000 they would
Square off" and no other offer would
be considered. Gillett would never have
thought of such audacity. But these
young men were onto their job. The cattle
were sold and out of their possession, and
they were independent and so informed the
officers of the bank. This bank had al
ready been forced into a receivers hands
by Gillett paper, and the receiver, Mr.
Tootle, did not intend to get left on any
more cattle deals. He refused to consider
the young mems offer, and started after
the cattle. Mr.. Tr!gg was sent down to
take charge of tn aherd, replevined by Re
ceiver Toot1e. He held them until Monday
night, when Mr.. Van Arsdale gave a re-
delivery bond in the sum of $4,000 He
has splendid financial credit. as is evil
denced by the fact that John R. Mulvane
the Topeka banker. became surety on the
bond.
The suit brought by the Central Savings
bank is for $4,000, $4,000 representing the
amount OF mortgage and $1,000 damages.
1t will come up in the march term of the
United States court in this city, and will
be a most important and interesting case,
especially for Mr.. Van Arsdale, the de-
PENDANT. 1t is said that if he loses the
case he cannot recover a cent from the
young spectators from whom he bought
the cattle.
The bank officials claim they had the
mortgage legally recorded in Jackson
county. whils Mr.. Van Arsda.e claims the
title to the cattle was clear
1t is understood that the Central Saw
ings bank of st. Joseph has interests in
several other herds OF cattle in southern
Kansas on which similar action to the
above will be taken. The speculative fever
has become so great and money in banks
so plentiful that almost any kind of a
schemer could get unlimited credit on
herds. and the dishonest Spectator is hav-
ing very successful inning