The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-02-05
sTEAMER TOWNSEND AFFAIR.


latlon. The boat WAS in Portland. under
going repairs and alterations, and when II
vas about ready TOR delivery, II is said.
there was a claim for s. 90 fled against il
I by machinists who did part OF the work.
! MIR. SAUNDERS was sent 10 Portland 10
get the vessel cut Of the difficulty. There
| he learned that q cash bond Of s9.o3o was
necessary TO clear the claim, and let the
Townsend proceed. The others OF the Gem
fany at once telegTaphed him 10 use the
money Il = believed from surplus that
was already on hand. The matter WAS
settled and the Townsend arrived around
the Strait and went On her way to the
North.
Two or three months afterward. when the
Commercial bank was just getting our OF
rs trouble and the doors were open only
occasionally, d man is said TO have ap-
peared there with a certified check signed
by Mr.. Saunders, for $500. which he want
ca 70 collect 1t is given out that he claim
&c this was caSheG by him In Portland,
Mr.. Saunders taking the money and pre-
senting the paper as collateral. The man
then wanted MS money. He was told by
some thai the check was not worth SO.
and Immediately vowed that he would have
the cash or land Mr.. Saunders behind the
bars. He found the bank president but
the latter. ii is said. did not pay.
CAPT. TONER'S CASE.
The doors of tha Commercial bank again
were closed, this time permanently. last
fall II was then that the negotiation with
Capt. Tozier came up, which has culn-
mated In the accusations OF forgery. The
story OF this transaction, as it is alleged
10 be. has already been published. Capt.
ToZier held a certificate for 81. 100 on the
Washington National Building. Loan and
Investment Association. Mr.. Saunders
knew OF this. as Tozier had been doing
much OF his banking business with the
Commercial and Is said 70 have asked the
latter to loan him the certificate 10 use 10
swell the APPARENT assets OF the bank,
promising 10 return II IL a few days. The
revenue man al once turned over the doc
ume1t. without thinking what & meant,
and. he says. without indorsing L. Two
Or three days later he spoke TO SAUNDERS
about 1t, and was told 1t would be returned
as soon as he could get IT.
The matter went on IN this way for sew
eri weeks, when Capt. ToZier received a
notification that the certificate was hvpoth-
ecated for $50 with his Endorsement. and
that payment was due. Tie captain was
thunderstruck. and al once sought Saun-
ders. Il IS given out on what Is consider
ei good authority that the banker then
admitted 10 Tozier that he had been guilty
OF transactions that were not altogether
clGh-, but that he insisted the captains
name was not forged IF my signature is
on that certificate. you have forged If"
Capt. 'Fozier Is said 10 have replied ANA
/ want The certificate back At once Then
came more promises. IS the report, tina.
the paper would be returned as soon ~
Saunders could get 70 Seattle to redeem t.
QUESTIONABLE SECURITY.
Finally. f becoming the belief that sauu-
dcrs could not O. would no, return the Ger
udcate ard being pressed for settlement.
he IS said 81 have offered Toz.er as Sc
curitv sseo or ssG0 worth az grade war