The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-02-06

| nun NothtnS--Lisht on 1, Cradle
Enterprise--Bnnk VIII Soon
Make Up All of Its Losses.
| DEADWOOD, s. D., Feb. 5-Manv
warrants of attachment We're issued
/ against the Francis c. Cradle proper
! ties py the clerks of the courts here
TINS morning and two more were issued
IN fall River county by Deadwood at
| torneys. The amounts range from ors
hundred and fifty to five thousand dol
| lars. ''
The warrants issued were as follows.
! PhoeniX Iron works against the Edo
mont & Union Hill Smelting conna5,.
Tor $426; the Dakota Loan &, Trust
company against Francis c. Cradle for
SooS; James Geddes against the Edge
mont Il Union Hill Smelling companv.
SoZo; the Ayles & Wardman Hardware
company against the Union Hill Smelt-
Ins company for $152; First National
! Pdhk OF Lincoln, Neb.. against Francis
I. Cradle, $500; Charles S. Ford
| against Francis C. Cradle, 5000.
NEW YORK, Feb. 5-George Will
mans, president of the Chemical Ma
tlonal Bank, when asked today wheth-
! er there were any further develon-
Ihehts IN the Quinlan-Silver-G Cradle
| matter, said:
we have been perfectly frank In
taxing the public into our confidence.
and telling them of our losses through
Mr; QuinIan's loans. 1t is no more than
| IlSht then that the public should look
| at the other side of the account which
Is that our profits last year were over
! $l,lOO,GOO and that we can soon make
up these losses and have still a hand
| some investment for the fortunate
stockholders"
Mr.. Williams added that this will be
! 40 llCt Ta..R
press.
Some Of the facts elected by the SIM
| Elementary proceedings against ]. S.
| Silver, president of the New York Car
Don company, were made public today.
Inc proceedings have been taking
place at the request of his counsel, ana
| curing his examination Silver was re-
CURED to make some admissions under
Gath OF his connection with the New
YORK carbon company, and also OF
| present which he made his wife of a.
house on West Ninetieth street.
Ihis was required of him because
when the Third National Bank went
into INTO hquldation Silver owed it $53 900.
| RMS claim was turned over to the
| City National bank which had assum-
ed the task of settling up the defunct
banks business. Through its counsel
1T subsequently obtained judgment
against Silver which has not yet been
satisfied.
In the course of the PROCEEDINGS. Sill
yer stated that he received $1,000 q
year as president of the company. and
admitted that In addition to his salary
| he had received about $4,000 from the.
| company. In further explanation of
ms connection with the Carbon COM
pany, Mr.. Silver said: II am president
or the New York Carbon works, but
| l nave no stock in the company [
have had no stock in 1t during the last
two years, excepting ten shares that I
do not now own.
II do not own any real estate any,
where. | do not own any stocks CT
bonds. 1 have no evidence of debts
due me. l have about 5000 900 in iudg-
ment against me. perhaps more than
that"
Silver States.
Questioned concerning the house in
which he lives. he said: Mrs Silver
owns the house"
There was much interest today also
| in the Interstate Land & Canal COM
pany, in which Francis C. Cradle has
| la1 ge interests. Extensive inquiries are
heing made regarding it. Lawyer Alb
| ner, whose name appears on some of
the literature which the Land e Canal
| company has sent out, as counsel for
| the corporation, said when OuestiOnrd
some time ago by Wade Ch nee, a r. pu-
table young man connected with Mr.
| Cradle in some way, / think his sec
retary. This young man asked me If
/ would aXcept a etainer as counsel for
| the Interstate Land 81 Canal company,
| and l replied that if l found it to be
| reputable and practical, | would have
no objection. This Is as far as I got
in the transaction"
Gen. A. b. Nettleson, who is presi-
| dent of the Interstate Land & Canal
company, had this to say: II accepted
the presidency of the Interstate Land
& Canal company about six months
ago, after having satisfied myself by
the undertaking was one Of merit,
such Investigation as I could make that
which l still believe it to be. l know
| nothing whatever Of Mr. CRADLES re-
lations with the Chemical band"
ST. LOUIS, Feb. 5.-Francis c.
CRADLE the much talked Of inancier,
is still In st. Louis. stopping at the
Planters hotel. His movements are
as mysterious as ever, and his reticence
| in regard to matters relating to the
| Chemical National Bank of New York,
and his own schemes is unchanged. To-
day he moved to a suite Of rooms three
foors higher. He refused to say wheth-
| er he intended to remain in St Louis
| Indefinitely, or go to New York, as he
intimated II his message to w. II.
! Kurtz that he might do.