Freeland tribune. (Freeland, Pa.) 1888-1921, 1899-10-26
THE HAYWOOD LETTER.,
writing That Speaks For Itself, Irre-
spective of Results in the Courts.

spective of Results in the Courts.
The following letter, dated July 81,
1896, addressed to the president of the
Peoples bank, was mailed in an en-
velope to John S. Hopkins, cashier of
the bank:
Dear Sir: On Monday we will mail
you check for one hundred thousand
dollars for the credit of the common
wealth of Pennsylvania, general fund,
which will make a credit to our account
of six hundred thousand dollars. The
understanding is that am not to draw
against any part of this six hundred
thousand dollars deposited until the
Hon. r. r. Quay has paid or arranged
satisfactorily to you the loan of one
hundred thousand dollars, which you
are to make him next week.
Very truly yours,
"B. ]. HAYWOOD,
Estate Treasurer"
A telegram referring to the letter
was dated at Muscoco, Ontario, and
addressed to John s. Hopkins, cashier,
as follows:
81 wrote your president last Friday
night. saying we would not draw any
part of the deposit of 100000 until R.
R. Quay had paid or arranged salts
iiClollly W yOu lHe 5lUU,UUU you were
to loan him this week.
"B. ]. HAYWOOD,
Estate Treasurer"
The loan of 100000 was made at
that time, and carried down to the in
solvency of the bank, but was paid
Immediately afterward.
A letter of Jan. Is. 1897, from NJ S.
Quay, read:
Dear John: Give George Huhn $685.
900 for me. 1t is for a margin in some
stock Send me a note for $25 900 and
l will sign and return"
Following is letter of Sept 4, 1897,
from M. s. Quay:
Dear John: | have yours of the 1st
and enclosures, and return note signed,
as per request; much obliged. 1t will
be queer if the stock does not go down
$40 share. My purchases always do,
though they come out right in the end.
U. G. |. and Sugar are saddening, but
Dolan don't like us we'll enough to let
us in on the first and the second is a
dangerous gamble"
The next letter from Quay, dated
Sept. 81, 1897, reads:
Dear John: | have at Huhn's 900
shares of Met. | wish you to take out
for me. 1t stands $110,S12.50 Aug. 81,
and with your $61 ,625 will make $172,.
437.50 | will owe your bank l have
100000 New Jersey bonds, 1900 shares
of New Jersey stock, which / will
change into Met as soon as the top
notch in Jersey is reached-that is to
say, l will sell the Jersey securities
and pay off the Indebtedness to you.
The Jersey bonds ought to go to par
within go days. When they are par
the stock will be at least fifty. 1t will
pay small dividend next year. Please
write me q receipt of this"
A letter from Quay, dated Dec. 10,
1897, follows:
Dear John: | have 1000 shares
of Sugar that Huhn bought at 142
which | wish you to pay for and take
over to the Peoples. have bought it
for keep, but don't wish the stock to
be placed in my name just yet, as I
will sell If l find | can get it any lower.
Get rid of the Met script and Consoli-
dated Jersey stock as rapidly as you
can at the figures fixed"
A receipt signed by George A. Huhn
& Son. dated Dec. IA, 1897, follows:
Received by the Peoples bank
1926, ,651.65 for 1000 shares of Sugar
Trust Certificate company, to be trans
ferred to the name of John S. Hopkins,
Esq"
Numerous other letters and tele-
grams from Quay were in nature sim
liar to the foregoing. They included
telegram saying to Hopkins: 81
hope you will discount Senator
Browns note for $3,000;" also the fol-
lowing telegram of Feb. II, 1898:
st. Lucie, Fla. John s. Hopkins:
II you buy and carry a thousand Met
for me. will shake the plum tree"