The record-union., 1897-01-30
OPPENHBIM BONDS ARE Safe.
Were Shown Yesterday in the Union
Trust COmpany'S Vaults.
Philip Oppenheim Returns From
Canada and Exhibits the
Bonds Intact.

After all the talk, and allegations,
and gossip concerning Phillip Open
helm and the $4,000 in Government
bonds held in trust by him for his
mother, brother, sister and himself
and his probable squandering of that
portion of his fathers estate-it now
turns out that the bonds are all intact
and that Philip Oppenheim has been
TRUE to the trust imposed in him.
Indeed, Philip Oppenheim is now in
San Francisco, where he arrived yes
terday from Canada, and exhibited the
bonds in the vaults of the Union Trust
Company in the presence Of DIR. w. r.
Cluness. c. w. Clarke and representa-
tives of the Record Union and two
San Francisco papers.
In the latter part of last May Philip
Oppenheim disappeared from San Fran
cisco and was heard from in Canada a
few days afJerward, and then there
were all sorts Of speculaitions and sur
mises indulged in by the public and
press. On the Sd Of June, referring to
this incident, the "Record-Union" said:
PHILIPS FLIGHT.
''Plilip Oppenheim did not produce in
San Francisco yesterday the $4,000 in
Government bonds belonging to the es-
tate of his deceased father, Raphael
Oppenheim, as he was recently directed
to do by Judge PreWett of Placer Coun-
ty, who presided at the trial of the case
here in which Oppenheims mother
Sought to have the court revoke the or
der by which the funds Of the estate
were placed i'm his keeping as trustee
for the other members of the family.
Hiram W. johnson was on hand at
the bank to which the bonds were to be
burned over, and Judge Prewett also
took occasion to go to the bay for the
purpose of seeing that his order was
properly and fully complied with.
But the bonds did not put in an ap-
pearance, neither did Philip Open
helm A messenger was sent to his
house, but all that could be learned
There was that Oppenheim was in the
country. 1t was subsequently learned
that he took his departure very soon
after Judge Prewett made his order, a
couple of weeks ago, appointing T. M.
Yates of Santa Rosa receiver of the eS-
tate pending the result of the litigation
5naugurated by Oppenheim's mother to
have the property taken out of his
hands 1t is said that Oppenhei1n is in
Toronto, Canada.
1T has been claimed all along by OPP
penheim that he had the bonds in safe
keeping with the California Safe De
pcsit Company in San Francisco, but
Mr.. Johnson learned yesterday that Op-
penheim has not had any boxes there
at all.
''Oppenheim has been living in San
Franisco since (and prior to) his
fathers death, and has been engaged
in stock broking and other precarious
occupations, and his mothers attorneys
fear that the Government bonds left by
his father have been invested and lost.
A well-known citizen who was
spoken to regarding the flight Of OPP
Denhein, expressed the opinion that the
situation is not as bad as it looks. He
thought it not unlikely that Oppenheim
had merely gotten out of the jurisdic-
1ion of the court in order to prevent the
property being placed in the hands of
a receiver until the Supreme Court had
had an opportunity to pass ON the mer-
1ts of the suit brought to oust him as
trustee of the estate, which case he ap-
parently believed would result in his
favor"
HISTORY OF THE CASE.
In 1880 Raphael Oppenheim. an old
and reputable merchant of Sacramento
died. leaving an estate worth about
900, and a family consisting of his
wife, two sons and a daughter. BY MS
will he devised all his property to his
wife. The wife was made eXecutrix Of
the will, and in August, 1891. the ad-
ministraGon was closed in the Probate
Court by decree distributing all the es-
tate to the surviving wife.
She Immediately thereafter con-
Veyed by deed all the property TO hen
elder son, Philip Oppenheim, who then
and ever since has resided in San Fran
cisco, in trust 10 hold and pay the in
come to her during her natural life
and on her death to divide equally be
tween himself, his brother and sister
All the estate, except the widows res
idence in this city, was at once de
1ivered to Philip as such trustee, and
he continued to hold and manage th'
estate and pay over the income - tbs
widow until March, 1895, when Il san
was brought in the name of the widow
to have the deed OF trust set aside
This suit. it is claimed. was really
brought at the instance of the younger
son, Emanuel, who had continued K
reside here, and most of the time with
his mother, over whom he had grea
influence. Emanuel is a young mar
who is credited with love for fas
sorses and an aversion to hard work
1Ie first borrowed Of the trust estate
and then from time to time he pre-
vailed upon all the parties in interes
10 be allowed to draw. in advance. upol
his interest IN the trust estate anti
n had received the greater portion @
his share In March. 1895. he could Cd
tain no further advance, and thereupo:
the suit was brought. in the name q
his mother, to set aside the deed 0
trust.
Shortly after the suit was broueh
the old lady discovered to what aXten
her name was being used, and tried Z
have it dismissed. But Emanuel pre-
vented her. and then in fear that sh
might succeed IN dlsmissing the sui.
fled cross-coniplalnt in which lie at