The sun., 1902-11-29
Two DOLLARS FOR So CENTS.
"I'LL TAKE $4,000 FORTH" SAID
MR.. BLOCK or CHICAGO.

And He Got lt-But when He Came to Sell
II Was . different Matter, So He
Had McNutt Observation-Disclosures Tells
the Court He's the Wrong MIR. McNutt.
r. s. Nichols. one OF the lawyers who
10 acting for Willard T. Block of Chicago.
tellA an interesting story TO explain the
arrest In this city on Thursday Of william
H. McNutt, accused Of swindlng Block
out Of $751; 900 on a fake mining scheme.
sOn or about March, g." said Mr.. Nichols
Yesterday, MIR. Block. who Is president
Of the United States Locomotive and Car
Manufacturing Company. and vice-presi-
dent Of the United Telephone and Electric
Company, was called upon at his Office
in Chicago, by a man who gave the name
Of Charles willard Willard said he
knew a man in Chicago named Ludlow
who had 20 600 shares Of Central Idaho
Gold Mining Company stock which he
would dispose OF at 65 cents a share. Will
uerd further said that the same stock could
be sold Immediately to William H. McNutt.
the secretary Of the company, in New York
for e a share.
Block teephoned McNutt in New York
and asked II he would give g. g share for a
block Of the stock Block asked how
much he would sell at sl92. BLOCK sent
to Ludlow and found he could get the
2O,OOO shares for $4,000, or 65 cents each.
He thereupon telegraphed McNutt saying
he would sell 10000 shares at 81 each and
later might part with /. 900 shares Mt s. each.
although Block hadn't told McNutt
how much stock he had a telegram was
received from McNutt saying he would
l. 4
didn't tumble. and he offered TO close the
deal through his New York bankers.
"McNutt insisted on transacting the
business in Chicago, and a meeting was
arranged in that city for March o. Block
was met there by Mr.. Mason represent.
ing McNutt and Willard. The Chicago
police say Mason il James Lonergan and
Willard is known az Edward Shuts.
Mason wanted to see the certificates.
Block and willard went to the Wellington
Hotel, where they met Mr.. Ludlow
whom the Chicago police identify as Daniel
A. NJ ullum. alias Dan Sheffield, alias
Dan Kelly. They say he had previously
been arrested with willard for promoting
overlapping scheme.
Block then handed over $4,000 and
received the 10000 shares. Block returned
10 Mason who had redu, ,ed his bid to Si.75
share. Block agreed TO sell at that figure,
and Mason said he would telegraph McNutt
for advice and funds. He left the room
and that was the last Block ever saw of
him. Block received the following tele-
gram day later.
Through a misunderstanding my repre-
sentative Is on his way to New York The
mines are deep under snow and SO cannot
examine property. Will You take $50
McNurr
sBlock secured the services of lawyers
and came on to New York. He saw McNutt
but got no satisfaction"
The chief evidence against McNutt is a
letter in the possession of the District
Attorney at Chicago. 1t was written to
A. j. Poindexter, one Of McNutt's Chicago
friends, and ia signed -Mc." The letter
tends to show that McNutt got the worst
end of the deal and was himself bilked by
The Chicago crowd. 1t runs
Friend DEx | wish you would go down
Id Shuts or Danny, or Jim Lonersan and
l.onergan have a talk with him ard tell him
] have until next Tuesday. April. l. when
the marx /. 70 return and have a settlement
they should no, have done so / am SUI sur
sastsr S too BY Spr q T. Mf i" ndtan y viii III b.
out there with bells on Tie has got two big
lawyers here and is talking of starting a SUIT
and "a am In ion TO declare the stock
raised from a small block to big one it will
let me out so far AS the company is con-
cerned
They got bunch and let me down with
red apple. Wish YOU would wire me early
Tuesday morning result of this talk with
the BOYS and tell them what | am gong to
do. II will probably give us an airing out
there. but can't stand for throwdown.
Nc
PoindeXer was arrested last spring and
this letter was found on him by the Chicago
police.
The McNutt who was arrested by Cntral
Office detectives in this city on Thursday
morning was arraigned on the Tombs pI-
lice court yesterday and held in $4,000
bail by Magistrate Deuel.. He said tha,
he was not the man wanted by the Chicago
police. He admitted that he was a stock
holder in the Central Idaho Gold Mining
Company.
u wa" not in Chicago at the time the
ind ctment was drawn" he declared, "and
while have met Willard 7. Block in this
city have never had any dealings of that
kind with him."
II is true that my picture is in the rogue's
gallery, but that was piece of spite work.
They tried to shake me down. | will ex-
plain all that later in statement I will
make. ! have never been convicted of
a crime
LAWYER Dan O'Reilly. who appeared
for McNutt, pleaded that there was 9TH
Ing to show that he was the McNutt named
in the ird Ctment. W A. Redding, repre-
senting B ock. was quite sure the prisoner
was the man wanted and Magistrate deuel.