Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-04-07
Ia Ia Have Been Short Some
Two Hundred Thousand
nv THE STORY LEAKEDOUT
.ss Legal Dispute over Two
a, "a Insurance Policies Had Long
contemplated Suicide

1,lo N. Y, April G,--The Com
..,l this afternoon published a
IN which it is alleged that Ar
I, p Pennell, who was killed In an
'.moble accident on March TO- was a
norsr 10 the extent of from 'l5O'OOO
,moN The story, the Commercial
!, TAXED out as the result of legal
IA. over two life insurance poll
and 4 to the effect that Penneli
MA friends In the east who had
,,n his family and the family of his
IA place money in his hands for
,,tneut He acted, in fact, as their
.ssd agent. lie would inform
n some good investment which
sos come across which would pay
.,eeIent rate of interest, ard they
MA send him money. The money
M was sent to him for investment,
/ alleged, he spent, and when in
.,t PAYMENTS fell due he made the
rnents on. OF his own pockets.
IEaace Thayer, who was Pencils
srey and intimate friend, is re-
nd 10 by the paper as saying he had
.,.tted irregularities, but that he
no proof OF any such wrong doing.
rfdsntaly Il has been learned that
ErDsl made provision for the pay
10 Mrs. Edwin L. Burdick Of $685.
all Of his life insurance.
b.nnell carried over 100000 life in
Tsuce, in order the Commercial says,
\, Ms death the eastern estates to
N he Is alleged to have been a de-
ler might be able to recoup the
n which they sustained through
bls will Pennell named as admins
r Of his estate his brother. j.
srick pennell He left TO his adj
dratOr sealed Instructions that
his death he should make good
nm out Of his estate all the losses
sh had been sustained through his
scatOns.
h Commercial adds that "Pennell
contemplated suicide for two
~ and says the fact is known
"Pennell planned two years ago
throw himself in front Of train
Pqkshll and to make II appear
his death was an accident" He
,td on az Peekskill on the way
from New York with the intention
permitting suicide in that way, but
nerve failed him. Recently he told
story Of the Peekskill incident
pi During the Pan-American
sation be sought for days for an
tunl,y 10 commit suicide in a
trpr that would make It appear ac-
1lal He had an idea that he
h run over In some way while
he exposition, but he never could
\. himself IN to the point whore he
throw himself under a train or
under the wheels Of a trolley car.
appears that there were two life
aaCe policies which had not been
h over to the administrator. one
i3r $4,000 and the other for $4,000
y two policies had been assigned
FshHell 10 Atty. Wallace Thayer. In
One was referred to as Wal
lhayer, trustee and in the other
le designated as Wallace Thayer,
rstee' The insurance companies
legal counsel in the matter and
Up payments.
Frederick Pennell the admlnlstra-
! y he estate, was called In, and in
4 on having more information be-
X would consent to the paymtnt
iy Insurance money to Mr.. Thayer
t1'ife It was then that the story
nnel's alleged defalcations and his
70 cMamlt suicide were made
AO90 Insurance money assigned
layI by Pencil In trust Is sup-
u be paid over to Mrs. Burdick.
nd7ncc with the provisions of the
N 5000 which Penneli gave prior
Death Nj Thayer will not talk |
10 In fact he has declined TO |
Ae7 the administrator Of PEN
sate any information concern
administrator went TO Mr. Thayer
~ purpose OF finding out the ma
Hs trust as It was his duty az
asta'or 20 do. Mr. Thayer would |
ak He said Pencil had left |
Instructions advising him as 10
vas 10 dispose Of the $4,000, |
w a. a lawyer, he could not d.
we nature OF that transaction,
,minlfiWlor urged that he was
~ 70 Know the nature Of the trust
m ctu'd consent 10 have the
I laid over Mr. Thayer still ie-
say what the trust was.
'taney attorney for the Pennell
accordingly charged the insur-
.apanles 10 pay over the money
!, MAYER The probability Is that
| wv vii be paid into the courts
.Iey fla,ed this afternoon that
.asi, had swindled any estates in
2" ne vas absolutely ignorant Of
noW stated that interesting de.
g'l'' mag be looked for at the.
mllleS, u Is known that Pen
q statement In defense OF him
IL &c dealt at length with the
y" vase. with Burdick and with
hs YIN Mrs. Burdlck. Pen
Nv N ihis statement that Bur
S Fuled az midnieht: that an
". woman Killed him; he pro-
ss oNn innocence and said he
s,llE 70 do with the crime. lie
~ ~ strained relations with Mr.
n, 0l, insisted that hts relations
~ ha'dlek We're purely pla-
m s,alement was furnished by
a ny wy qly before bis death. After
t,vIs s,l9l'snel he SET to work on
M NV aeath on a separate state.
,g nfsl statement was held
~, e completion Of the second
! osss me last statement has not
! ~ statement Written hv Pen
y t. .yh 10 comes N his own de-
ana 2 70 have been in exist
ii,s,. y believed that unless ex-
gn. "reminiscences prevent. Il
M 70 light Unless there is de-
Of this statement