The Monte Vista journal., 1920-10-23

I made county. Florida. and related
:, ,,sry from tho time Townley bc-
..s Interested In tho project In
',,s mn 10 tn. time Of his financial
F.,ulty at Valley city. n. Oak.
,.,,e he aud his attorney. and his
-,,loye.s. Box and Hastings. be-
.,s involved in u federal invcstisa-
!, a. the result of = bank promo
!, and the reorganization , Of a
,.,,ouai bank into = state bank to
. oxned aud controlled BY League
4, Hastings aud Box wore being
l,,s,lratcd by tho federal grand
In Towulcy and his attorney.
kuse, we're involved. and the
.,.papcr we're full Of charges and
inter charges. Hastings was about
! leave for Miami. to take personal
hre OF Townley's Florida under
Ming. He was TO assume owner
No Of the project aud Townley was
I deny any connection with Il.
the federal Investigation OF
I,,ins's. activities forced Townlcy
discharge Hastings not only ms
anaser and trustee Of the Florida
nature but as financial secretary OF
n yonpartisan League.
Here Mr.. Waters will continue
h story:
About the middle Of March. 1919.
yas called from my bed At about
Wright. upon the arrival Of the
a.nish, train from Fargo. by A.
rownley. who informed me to
dressed and come over to tho Me-
snsie hotel. Upon my arrival
re found Townley In u very ex-
M state of mind. Mr.. Brinton
also there. We retired to
su. and there Mr.. Townley re-
Nd to me long story Of his Flor
promotion scheme. the difficulty
y he was in. the necessity Of get
= some one to assume ownership
rand the danger of publicity
NJ II would mean to him II It be-
Re publicly known that he was
owner OF 22.40o acres OF land
~ down in Florida. This was
first knowledge Of any interest
Mr.. Townley had outside Of his
NH Dakota promotions-with
ifh l was more or less familiar.
H. Townley related to me the
sioility OF an indictment being
'rned against his financial sec
hry. Mr., Hastings and th1t In such
~ent 1t might involve or bring
light his Florida Investments. II
ms that BrintOn had suggested to
shley my association with the
sct as its owner. Townley re-
n how had been in the real
lie and farm loan business for 20
In North Dakota; how It
''a cause no suspicion II 1t be-
Known that l were the owner
$500 acres Of land In Florida.
aornia or Mexico. And l saw
'aley's point and the mental ex-
'on that would take place In
10 Dakota II 1t developed and
sue known that Townley had
a'ed money in Florida land.
nave always been open for
Shen 1t came to real estate.
generally made my best deal
" The other fellow was the az
,'o'' had dealt in real estate
IVA In Minnesota. Montana
Worth Dakota, but I had never
florida, was reluctant to go
pro1ee' which had never seen.
'owh'ey was impatient. For
sake Jim, take this deal of
AAnas' appealed Mr.. Townley.
'ah 30 to Miami. and take
we with you." explained Mr..
A'ey' and 1t will be a fine trip
w. will pay your expenses
.'er you have seen the prop
.Aa agree to assume ownership
We can come to q more definite
sement' I've got to get Hast
~, WV Oh the deal and get some
use to take charge Of IT,"
.n was Townley's general line
;. l finally agreed to 10 to
-, - and look his proposition ov-
:, agreed to assume proprietor
~ the property II It was a. he
.'nton represented Il to be-