National Republican., 1886-08-10
EDITOR ELDER ENTANGLED.
Miss Rose Cieveland's Employer Con,
fesses Judgment-Levy Upon Litter
ary Life.D

Miss Rose Cieveland's Employer Con-
fesses Judgment-Levy Upon Litter
ary Life"
CHICAGO, Aug. GA. p. Elder, of the
Elder Publishing Company, and proprietor
Of Literary Life, the magazine which Miss
Rose Cleveland, the Presidents sister, has
undertaken to edit, confessed judgment
to-day in favor Of James j. West, Of the
Western Publishing Company, in the sum
of $4,000. On Saturday evening Mr..
Eldergay to Mr.. West Judgment demand
note in the amount named. A Judgment
and execution was issued this morning, and
this afternoon the sheriff levied on the real
estate and personal property OF Mr. Elder.
The real estate consists OF the house where
Mr.. Elder resides. The personal consists
chiefly Of the property known as Literary
Life, on which the levy has been made, and
is now in the hands OF custodian. Mr..
West was seen at his Office. Beyond an
admission that such confession OF judg-
ment had been made to him, and the sub
sequent leyies upon the property of the
Elder Publishing Company, he refused to
say anything regarding the affair. But
from w. Ely, his attorney, 1t was learned
the judgment confessed was to satisfy
loans made during the last three months TO
Mr.. Elder. Mr.. Ely said:
On Mr.. Elders real estate there has been for
some time debt of 5000, secured by trust
deed. This debt was long overdue, but the
bank holding the note had been held off on
one preteXt and another by Mr.. Elder. On the
29th ofJune, however, the bank gave Mr.
Elder notice that ten days more would be al
lowed him In which to adjust the matter, at
the end of which time, If nothing had been
done, 1t would have to foreclose. The ten
days passed by, and no arrangement had been
made,u On July 9 the last of the ten days,
MI EasF Ee III rasTeed Need i to buy the g. COO
note, and had the trust deed transferred
TO him as security: He gave Elder check for
5000, and commissioned him to LIT the note
and have the necessary transfer made. This
Elder agreed to do, but never did the latter
All attempts to have him give the security
promised failed. Other sums had been given
Mr.. Elder at different times by Mr.. West, and
secured by mortgage on property in Ohio aud
elsewhere. This property was guaranteed to
be unencumberedl at.the time the loans were
bered. This Is about all there Is to the matter
II is an ordinary business transaction. We
were Obliged to take possession Of the real es-
tate and personal property Of Mr.. Elder TO Sc
cure ourselves The execution against the
real estate will be held as lien on the prem.
ises until we determine IL there is sufficient of
other property to satisfy our claims.
Mr.. Elder was not in his Office when re-
porter called this afternoon to inquire how
the judgment was likely to affect the Lite
rdry Life and Miss Cleveland's connection
with 1t, but the people in the office said
that they thought the matter would be ar
ranged promptly, and that the publication
Of the magazine would be continued as
heretofore, with the Presidents sister In
editorial charge. Mr.. Elder declared later
In the day that the publication Of the maya.
zine would not be affected In any way.