The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1904-09-05
he matter with him for awhile.

/ the matter with him for awhile.
| "On March "a, only a few days later
State Treasury Kelly telephoned me to
| come to his Office. Some time in Feb
ruary 1 told Mr.. Kelly that 1 had some
| Comanche county bonds to, sell and ask
ed him if he thought / could sell them,
| telling him the circumstances of the
valuation. He said he didn't know but
he doubted if the commission would buy
the bonds on the valuation fixed by the
state board of equalization.
when 1 went to see him on March
| "a he asked if 1 still had those Conan
che county bonds for sale. 1 told him l
had. He said, I think 1 know of a man
! who can sell them for you I thought
he might mean himself, so I asked,
! Are you the man?' He said no. Then
I asked. Will you tell me who it is?'
and he replied, "A A. Godard!' 1 said,
Tom, do you think he can sell the
bonds? He said, Yes, he says he can.
He is planning to refund them at Az
per cent and get something from the
county for refunding them. HIS wants
me to help him locate the owners of the
bonds
"I was astonished. I was convinced
that GODDARD was not acting in good
faith with me, because he had told me
only a few days before that he could
not sell the bonds. My option expired
on April 49, and I Immediately had it
extended thirty days to May Is. /
thought that would be. long enough for
me to sell the bonds if the school fund
commission would buy them at all.
had arranged that 81 900 of the countyS
Indebtedness would be paid off which
would bring the Indebtedness down so
that it would come under the valuation
fixed by the state board of equalization
a year ago, and 1 need not wait and
depend on the board to make a still
larger raise this year-if they would
buy them on that sort of a basis at all
Il couldn't do anything more about
the matter seemingly, and on May %
wrote to the county clerk of COmanche
county about it,, He replied on May 81,
saying that Mr. GODDARD had been there
the day before and had made PROPOSE
ton to refund the bonds at Az per cent
if the county would pay him a bonus
of $4,000. On May 30 | made the pro-
position to the school fund commission
to sell them the bonds to net the state
per cent straight. Then 1 wrote Mr..
THOMPSON at DeS MoineS. who repre-
scented the owners of the bonds, offering
to raise any other offer made to him
and to divide any profit there might be
in selling the bonds at par. He replied
about June or that my offer had
come just too late as ne had just sold
the bonds.
mo bank will furnish the funds to
carry through deal of this kind unless
it knows that the contract TO sell the
bonds has been made j tried to get
Mr. Mulvane here. and Mr.. Jobes and
w A Rule to take up these bonds and
carry them for me for the interest as
they had frequently done in other in
stances, but none OF lheIl WOulu do II
until had the deal all made Mr.
Thompson certainly would not have
surrendered the old bonds to be refund
ed at a lower rate until he got his
money.
"Whv did Mr.. GODDARD tell Tom Kelly
last March that he could sell the bonds
unless he had an understanding that
he could do so? Why did he nego-
tiate with the commissioners of Co
manche county to refund the bonds at
az per cent unless he had the deal all
made and knew he could make a good
thing by refunding them? No sane
man would do such q thing on an UNI
certainty The bonds probably were
not officially bought until July p, but
1 certainly believe he had assurances
that they would be bought when re-
funded We frequently make bond
deals in that way"
A very malicious editorial. with I'M
fr,1e rfatarnerrfs about this paper and