The times. [volume] (Richmond, Va.) 1890-1903, 1895-04-09
MALONE has NOT FAILED.
His Lawyer Claims That the General Will
Pay all Of His Creditors 10 Full.
ASSETS LARGELY EXCEED LIABILITIES
So sAunounced-The Death OF n Peters
burg Lady-Isaish Pelham Sent to
the Penitentisry for 10 Years.


Mr.. George s. Bernard, Of this city, who'
with Judge Edmund Waddill, of Rich
mond. represented General Malone in the
chancery suit Of Watts vs. Malone, ar
su,ed on Saturday afternoon before Judge
I NJ. Mullen, OF The Corporation Court
of Petersburg, by Mr. Richard b. Davis
as counsel for the plaintiff, and these
gentlemen as counsel for the defendant
being asked by your correspondent about
this suit and the deed of assignment
recently made by General Malone, said;
Several years ago there was borrowed
nv Colonel John g. Watts, OF Tazewel
county. Va, from the Princeton Bank,
of Mercer county, w. Va, $1,000 on MS
note endorsed by General William Ma
hone and Henry Bowen. Watts used TINS
money in part and other money Of his
own in purchasing interest in mineral
lands in West Virginia on the joint ac-
count Of General William Malone ana
himself.
"A few months ago Watts, Malone and
Bowen confessed judgment In West VIZ
dnia, in favor OF the bank for the
amount of the note. Recently the bank
brought suit In Tazewell county against
Watts. Malone, and Bowen for the pur-
pose Of getting a new judgment on this
West Virginia judgment and lately watts
Instituted IN the corporation court or
Petersburg a chancery suit against Ma
hone to adjust and settle up their trans
actions growing out OF the joint puI-
cbases OF mineral lands in West virginia
This chancery suit General Malone is
defending.
WHY THE DEED WAS MADE.
"The deed of trust was induced by the
Do
the Watts chancery suit. General Ma
hone as Judge Waddill. the trust &c.
stated TO the reporter Of The Times, ike
many other well-tO-do men, at this time
has not the ready cash TO settle large
judgment, calling for more than twenty
| thousand dollars, but has ample property
| to pay all OF his obligations and leave a
handsome surplus, and not only this debt
! to the Princeton Bank, but all others
| due by him VIII be paid TN fuii.
General Malone being surety Of Watts
| in the bank debt, its payment VIII iully
discharge all that Watts claims. =
1T may be furthermore stated that II
| is believed that there will be an early
! adjustment OF the matters of controversy
| in the Watts suit. and the valuable min
| eraI lands in Mcdowell county, ". Va,
which Malone, Watts and other parties
| Jointly own, win be consolidated as the
property of a joint stock company, ac-
| cording TO the original plan of the several
| parties interested, and being managed as
| corporate property will be disposed or
| at considerable profit 10 the owners.
| "There is no reason to fear that any
sale of General Mahone's property COW
| cred by the trust deed will be necessary"
BURGLARS PRISON TERM.
Isaiah Pelham. negro VINO was recent
| ~ convicted IN the Corporation Court
| Of this city Of burglarizing the residence
| of Rev. \. j. Fristoe. pastor Of the Sec
| ond Baptist church, and his punishment
| fixed at eighteen years I'm the peniten-
| tlary, was taken to that institution to-
| day by Deputy Sheriff John T. Parham.
| to serve out his sentence. Pelham has
| already served a term in State prison.
| having been sent there from Norfolk, and
will. thefore. have five more sears added
| on to his sentence.
| Intelligence was received here to-day,
| through a press telegram. OF the supposed
! drowning Of Miss Ella Louise Still, of this
| city, and Mr.. Earl Manson, near Titus
| vile Fla. yesterday, while cut sailing.
| The father of the young lady, Mr.. G.
| W. SIN, who is q conductor ON the street
car line here. has heard nothing in re-
| gard to the Information contained I'm the
| dispatch. Miss Still, who is about egh-
teen years Of age. left here last Deem
Der for Titusville to visit her sister. Mrs.
| G.. III. F'ulke.
Rev. DR.. Upper. OF Richmond. preach
! ed at the First Baptist church yester-
day morning and night 10 large congre-
| gatiCns. He selected for his morning
text tho words what think We OF
| Christ, whose Son Is He?" Both sermons
were able and eloquent.
MAYOR CAEY DEAD.
Major j. 5 Cary died at his residence
| in this city at an early hour yesterday
| morning. The deceased was for years
| a merchant of this place. His funeral
! took place to-day at Tabb-Street Pres
| byterian church. and was attended by the
| Petersburg Grays. OF which he was al
one time captain, and A. p. Hill Camp
| OF Confederate Veterans, of which he Wa:
| a member.
Mr.. William F. Spotswood, whose III
| ness has been announced, continues tC
| improve
The annual meeting of the congregation
| of Tabb-Street Presbyterian church was
| held yesterday after the morning ser
! vice. II was shown by the report of the
treasurer that the expenses of the church
| would have 10 be reduced, unless the
| members Of the church and congregation
| give more literally.
James Holt, formerly turn key at the
city jail. was before the Mayor this
morning for lunacy. He was discharg
| ed.