The Alaska citizen., 1917-09-03
\ Nu, sir . SNIl going. are guu

is1tAr
 e You're not selling any tickets. or have you casheI them away
 X No. that's closed up
 e Have yoa go, that first sub. -crpton Itss yet still working on rhate
 \ ! think well
 Q Who owns that bulding Mr Thompsone
 X. k C. Wood. trustee for don't know how many men, he can tell yoo anyhow. a Iot of them
 Q. k he trustee for the -ubscrib, "r-. or for the Loyal League
 \ For the subscribers
 c. Then the Alaska Loyal League 5~nt the owner2
 A. No, sir, mol the equitabl" own CTS until it is paid for.
 Q Well what
 A Unterruptine) We'll cut out that last mot until paid for" just equit- able owners
 Q. The legal title Is in Wood as trustee. and he holds it in trust for the individuals who subscribed this amount of money
 A. Yes. il is mortaaged
 Q. Who js il mortgaged to-
 X don't know
 Q You don't?
 X. would suppose Mi Gordon.
 c. Well, do you know whether it has been paid for A. know that il hasn't all been paid for know there Is a mort gage on ii; there is also four thou sand dollars insurance on which if it was burned down it would prob ably be divided pro rata among the subscribers.
 Q. But you don't know who holds the mortgage? A. have been assured there is d mortgage on it and it isn't paid by Mr. Wood
 Q. You don't know who it is to or how much for? A. have been told, l think by MT. Wood. it is fifteen hundred dollars and that TWO hundred and fifty dol lars has been paid for it since, out of the last dance.
 Afternoon Session)
 Q. So, as I understand you, MT. Thompson. you had really a little trouble in raising the money, and it wa, handled by the committee or by MT. Wood and you don't know what the situation is?
 X No. l have no personal kno~l- edge Mr Woods is the trustee han dled all the money was solici- ,o~ and after they got within reach vhele they thought the rentals would pay the balance. l was mes scneer boy to collect the money and deliver it to Mr. Wood in some in stances. in other Instances they paid ! NJ. Wood themselves.
 Q. You don't know now, and 1 haven't found out since adjournment, who holds this mortgage?
 A. No, l haven't; l believe MT. 1 Gordon does. I naturally supposed buying of him that they paid him so much money and give a mortgage for the balance that would be nat, uraI He may have transferred it 10 someone else, someone else may hold it, I don't know.
 Q. Now at any of these meetings and l am referring to what you term the meetings of the executive | committee, take it that was the eX- rcutive committee of the Loyal | League?
 1 A. Yes
 Q. That was the only committee | that handled or had anything to do 1 with this transaction, was it?
 A The-they discussed it and they | turned it over to the chairman of the finance committee, MT. Wood, | and gave him authority to appoint two members to assist him. He ap- 1 pointed Mr Coleman and myself.
 O. That was all within the sOcalled | Loyal League?
 A. All within the so-called eXecu- tive of the Loyal League.
 c. Well, do you know how it hap pened that after this telegram came from the governor in which it was found that the government or the territory would rent this building, l that il wasn't kept then as a Loyal League proposition but was turned oyer to these individuals?
 A. Yes. They sent telegram to