The Washington times., 1895-04-09
MAHOHE FINANCIAL DROP
SultAgainstthe ex-senator by His
Former Partners Executor.
HIS WASHINGTON REAL ESTATE
All His- Real and Personal Estate Embraced
in tho Assignment-HisW Wife and Daugh-
ter the Chief Preferred Creditors Not
Nearly as Wealthy as People Generally
Supposed-Close of His Political Career.

Notice of Gen. William Mahone's finan-
cial disaster was given in court here yes
terday by suit involving the site for the
new Printing Office. which he made a
| desperate effort to sell to the Government
just at the close ofthe last Cong gress.
The complainant is Richard s. Windsor,
| of Alexandria, Va, executor of the late
| David A. Windsor, who was Gen. Mahone's
| partner in numerous real estate transac-
| political power in Virginia he secured Mr..
windsor's appointment as postmaster at
Alexandria, and when Mt Windsor went
into office they were intimately connected
in business affairs.
The bill states that they were interested
together in square e73, except lots 19
and 49, They put trust upon it TO secure
a debt to Jacob Tome, of Port Deposit, Md,
President of the Citizens National Bank
here The amount is shown by the record
to be $40 ,0c0. Gen. Malone owed Mr..
Windsor $13, 500, and his executor Sc
cured a Judgment for that amount ON No
vember 8, 1893.
MORE MONEY BORROWED.
On December l following Gen. Malone
borrowed $50 goo more on the property,
and it has been said that Senator Cameron
was beneficiary in the trust given to Sc
cure the amount NJ NJ. Parker and Edgar
Allen are the trustees. AS this was subse-
quent TO the executors Judgment he asks
that it be declared OF no effect so far as
the Judgment is concerned, that the judg-
ment be declared lien upon the property
and prior to this second trust, and that the
ground be sold TO satisfy il.
1t is declared that Gen. Malone has no
| other known property here OF elsewhere.
Edmund Burke is the complainant's at
| torney.
Gen. Malone made an assignment on
March %. to Judge Edmund Waddill, jr.,
| of Richmond. This is supposed TO rave
been the result of an adverse decision at
Petersburg, Va, Gen. Mahone's home, upon
a demurrer in a suit by Col. ]. s. Watts,
formerly United States marshal of the West
ern Virginia district.
Col Watts alleges that in the spring or
1880 he and Gen, Mahone entered into a
partnership to buy mineral lands in south
west Virginia. He put in $50. 900 into the
business but the General failed to furnish
his half of the capital.
TERMS OF THE ASSIGNMENT.
The assignment conveys the family resi-
denoe and all personal property to secure
81 900 to Mrs. stith Boiling; $4,000 to
Otelia B. Malone. the grantor's daughter,
and to his wife. see. 900: to the Planters
National Bank OF Richmond, S j 800, andthe
Merchants National, of Richmond, So, 400.
Judge WaddiH the trustee, said he sup
posed Gen. MahoDe's purpose in making the
deed was TO prefer certain debts 10 Others
which he thought he did not owe He did
not think Ii meant a permanent emharrasS-
ment as he owned much property here.
1t is stated by others that Gen. Malone
name.
never was as wealthy as supposed by some
and tn at he had spent much moneyin politics
and has lost heavily in a creosote manu-
featuring venture at Wilmington, N. C., and
other enterprises. His financial trouble,
it is thought, viii hinder him from leading
the Virginia delegation at the next Repnbli-
can National convention.
The books here do not show a large
amount of real estate in Gen Mahone 5