The morning times., 1896-10-23

Hngerstown, Nd, Oct. 22.-The
statement that L am advising my
clients to make gold contracts Is aD-
SOlutely false. BLAIR LEE.
Prof. Charles E. Monroe, dean of the C or
coran Scientific ana Graduate Schools Of
this city, las i'll his possession Tiye series
Of notes for $50 each interest on So 900,
the amount to be paid for u home he
purchased on Riggs place.
Each one OF these notes contains the
following clause written i'll ink ON its face:
Payable i'll gold coin OF the United States
OF the present weight and finencss."
On the back of tie note is indorscd:
Pay TO the order OF Anna Clymer Brooke
Lee, without recourse to me, " L. Schncid-
er." Following this indorsement is written:
"A. e. b. Lee"
HISTORY OF THE DEAL.
The history of the transaction is this, as
shown by the records in the City Hall:
deed for the property was made from
William Il. Schneider TO A. S. johnson and
recorded in book 1882, page 232. The
price To be paid was So 900 and five notes
for 81 900 each were given. AT the same
time u series of interest notes We're made
out at the rate of per cent per annun.
a. S. johnson WAS unable TO meet his
notes and made deed Of trust to James
NJ Green and John ID. CougbIan This deed
was recorded in book 1882, page 235.
A memorandum attached to the record of
this deed of trust shows that the notes were
deliveredtO Blair Lee, September | 3, 1893.
Prof. MunrOe, when he purchased The prop
erty. assumed the notes made by Il. s. John
son, and has been pa wing them off mostly
ut the Riggs bank The checks were made
payable to the Riggs Bank. For some time
Mr.. Munroe was unable to find out the
owners of the notes until he received the
following letter. II was written ON tie
office paper Of Blair Lee, Attorney Law.
Washington, ID. C., Fendall building, No. 3i4
ID street northwest 1t was dated Oc-
tober 10, 1898, and was addressed TO
Charles E. Monroe, 1929 Riggs street,
City, and rea d:
Mr.. Lee, who represents the holder Of
certain prOniSory notes. secured by Il deed
of trust on house on Riggs street, and
formerly owned by Mr.. A. S. johnson, Ge-
! sires TO inquire OF YOU whether or not you
are the purchaser of the property, and
whether your address as above is the proper
| place to send your notes from the bank
when the come due''
| The letter is signed IN. Sacks"
| Prof. MuurOe had trouble in finding the
notes again and had TO write to Mr. Blair
| Lee on May Ia. 1894. In answer to his
| writes:
Upon the receipt of yours of May Il
| made inquiry respecting the notes you
| referred to and am informed that they
| are now on deposit for collection with
| Riggs II Co, here, Of course. they can
| no" be paid, If ii is your convenience TO
! do so.
Should you find that there is a mis-
| take about this nd that the notes are not
With Riggs i Co, where my Informant
| is quite sure they are, call me up by tcle-
phone No. IS, Fendall Building, and | " ill
| meet You forthwith ut the Safe Deposit
| Company, Fifteenth and New York avenue.
THE only other place where these notes
can be. / make this final suggestion in
order to avoid any other delay in case Of
the notes not being at Riggs & Co, as
| you may now be pressed for time"
ANOTHER LETTER.
June 20, fthis year, Prof Munroe wrote
| again To Mr.. Lee stating that he had on
| deposit with Riggs X Co, 81 90 to meet
| notes due on his home. Under date OF
| June 81. Mr. Lee again responded over his
signature as follows:
Yours of June 20, was received and
| handed To the owner of the note. who is
informed by Riggs X Co., that the deposit
| 10 which you refer has been applied To the
account.
The delay probably occurred by the
note being still entered in the name of the
original maker. Mr.. johnson. ! presume
you will always find the note in the
possession Of Riggs N Co.. but it may lie
advisable. however, for you to use, when
endeavorins 10 pay the interest, the name
of the maker OF the note, Mr.. johnson -
The notes themselves Were due June >.
and Prof Munroe was ready TO meet tn ern,
but he has not been able to find them He
stands ready to pay them at any time, and
intends,so he states, to go to the trustees and
demand their production. He Hecanpay them
nov in the currency of the country.
If Mr. Bryan is elected Mr.. Munroe prefers
that gold should go to n premium in the
hands of the owner of the notes, whose
agent Mr.. Blair is, tn an in hisown.
PROF. MUNRoE TALKS.
When seen last night at the Corcoran
Scientific and Graduate Schools Prof. Nun.
roe said:
Mr. Lee has never notified me thai
he would knock out the gold coin clause
The notes themselves are due now and
am ready to pay them. II Mr.. Bryan il
elected Will have to pay in gold. / prefel
tn pay now. l do not want to wait unit
the purchasing power of my money il
cheapcned and Mr.. Lee has not Offered
to relieve me in case free silver is sue
ceSsful."
Three years ago the administration wa
getting ready to issue bonds. Times wer,
hard The expenses of the government
were greater than the revenues. Col,
was the one Interchangeable value and tn
purchase of "gold notes. was a goot
investment. The owner could not lose
The investment grew in proportion as tn
silver craze spread and after the nonina
ton of Bryan such security was gil
edged.
Prof Munroe thinks it would be a still
| N. n
and he wants to get from under.
This is the story of Mr.. Elair Lee. tn
silver candidate for Congress in the Sixt1
Maryland district, and the real eStat
t-an>acti"n in w ich he represented Ann
| Clymer Brooke Lee.