Evening journal., 1898-06-10
MR.. KENNEY'S DENIAL.
Says He Had Nothing What
ever to Do With Defalcation.
BE DENIES ANY ORIMINALI1Y
HE WAS COUNSEL FOR BOGGS,
AND AS SUCH LONG AGO AID
VISED HIM TO PAY UP.

said:
Il have hesitated about giving cut
any statement about this affair, but
am now perfectly willing THAT the peo-
pie should know, not only part, but
all Of my connections with William N.
Boggs, as there has never been a trans
action between us which was not le-
gitmate in every sense Of the word.
"since the attempt to ruin me has
been made / shall fight II TO the bitter
end and feel sure THAT shall be able
to vindicate myself in the matter.
81 first knew William N. Boggs about
the time he became an official in the
First National Bank at Dover. My ac-
quaintance with him from that time up
to some time in the year 1891 or 1898
was of the ordinary everyday kind. In
1891 or 1898 he came to me and eme |
ployed me as his counsel. ! told him |
that j would serve him i'm that capa- |
city and did so from that time until
the time he absconded in 1897. The
business which brought him to me was
largely collections and advice.
BOGGs AS "A DEFAULTER
an November, 1898 or 1894 l am
uncertain as to the date. he came to
my house for the first time. II was
night. After we had gone to my pri-
vate study he said that he was in trou-
bic with THE bank and had come to com
suit me about what he should do. I
was horrincd as we'll as surprised at
this statement, because / had held him
I'M the highest esteem. The informa-
ton was a shock, 80 much so that /
never asked him tine extent Of his trou-
bic with the bank, neither did ne tell
4, me. l advised him that he had
enough relatives and friends TO pro-
, tect him, and that he should ali once
make up any deficit before any pub
licity was possible.
From that day until the Saturday
7 before he left Dover, in lS9E, the sub
4 iect was never mentioned either by me
!, OF by him. On my part, for the rea-
son that felt that any suggestion
. from me in regard TO the matter woulS
= necessarily be humiliating to him an'
because l held the opinion that, undei
my advice. his shortage or defalcahoI
had been made good.
During the years 1895, 1896 and lS9'
I transacted various matters for him
On at least two occasions / dis
counted for him in the First Nationa
Bank on my Endorsement, notes which
he told me were the results or profit
Of his gaming. The proceeds OF thos
discounts were paid by me to him.
collected for him several hundred dol
lars during the time and sold mort
J. gage OF $500 that he held. The tota
p amount thus paid to him was nearl,
J. So 600.
SPECULATION IN BAY STArE GAS
r. "In 1896, ! think I'M April, he solicit
ed me to become purchaser on mar
,o gin OF Bay State Gas stock, which
h. refused for some weeks to do, an
a. which did not do until assured b
the cashier of the bank, J. II. Batemar
~ By J.. Frank Alice and by a statemen
! made to Colonel Cooper in my pres
ence in the city Of Philadelphia, in tn
h office of ]. Edward Addlcks, by Nj
Addicks himself
NJ Some time in April, 1896 l was
nj the city of Philadelphia and met ColC
"A mel Cooper who told me that he unde,
h.. stood that big winnings were bein
III made in Bay State Gas stock. II
"a piled that / had been likewise inform
ed. Colonel Cooper and myself wei
,s to Mr.. Addicks' office. Mr. Addict
IL. and MIR. Alice were there To Mr. As
an, dicks Colonel Cooper said that persol
in the two lower counties were bu'
ing Bay state Gas stock with the III
derstanding that large profits would
nd made. Mr. Addicks replied to Colon
nv Cooper by saying that he himself he
in seventy-hve thousand shares. To she
his you my faith in the stock added N
,rk Addicks, L have just now bought sor
for Frank here. referring TO Mr. All'
l am uncertain as to the number
N mentioned.
Colonel Cooper and l, before lea
sht ing Philadelphia, each invested in III
~ ~ shares, through Cuthlbert & c
w brokers. Within the next month
ith myself and ON account of other m
ID .. l bought three hundred and fifty sha'
md Of Bay Stale Gas. During the til
nts which l he'd il, it required margin
about $500. On July 8, 1895 OF the
abouts. my holdings were sod and
A speculation in stocks were ended
Err. good.
WHEN FLIGHT WAS NECESSAR
riN con the Saturday before he left q
yer, he came to my office and told
That he had gotten to a point in