The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1904-10-30
NO TRUSTEE YET
IN WAGGAMAN CASE
George Truesdell Mention
ed as Available Man.
LAWYERS ARE IN NO HURRY
Creditors Impatient, But the Prelimi-
naries Of Voting Take q Slow
Course.
LAWYERS ARE IN NO HURRY

The meeting or TIE creditors OF
I Thomas j. Wageamau Yesterday re-
suited IN posJponement OF the eIec-
ton Of a trustee for the bankrupt es-
tate, and now the creditors are Won
dering around wondering when the cleo
ton VIII be held. The postponement
was for two weeks. Referee Bradley
announcing at the close Of the meeting
that there would be gathering Of
creditors and their attorneys at 10
O'Clock on Saturday, November - but
/ one woman voiced the sentiments Of
I the majority when she remarked.
1T looks like they never viii get a
trustee / wish the lawyers would stop
arguing and do something.
This was after the adjournment, when
attorneys and clients were gathered
about the grand jury room. where the
meeting was held talking over what
had been done. what had not been done,
and what should be done.
In No Hurry to Elect.
Many OF the attorneys seemed TO be
In no hurry co elect trustee. In fact.
I there was no dissenting voice 10 the
proposal advanced by Attorney F.
Leighton, and seconded by j. j. Darling
I ton and Judge C.. c. Cole. 10 POSTPONE
the election. The main ground upon
which AIr. Leighton based his motion
was that in answer 20 the requests OF
his friends. former District Commits
sioner George TruesdeH had consented
20 act as trustee In the event Of his
election Mr. TruesdeH is now in Paris,
and a cablegram was received from him
yesterday
Mr.. Leighton also wished 10 have the
interest on the claims OF his clients
computed and the amount added 90 the
principal when it came to calculating
the amount his clients would represent
when It comes to voting.
Many Favor TmesdelL
The name Of Truesdeu seemed. how
ever. to be the watehword with 1Ir-
Leighton, as It did with Judge Cole and
Mr.. Darlington. All these gentlemen
laying great stress on The abilities OF the
former COMMISSIONS and lis general
fitness for the place. His knowledge Of
suburban real estate was one of he
chief points urged IN his favor.
To most Of the attorneys the presenta-
ton OF AIr. TrUesdell's name came as a
surprise. They had n0- heard hIru mem
toned before as candidate Tor the
trusteeship. and. in fact, tile E-ai1rity
Of them have held the view that there
sh0uld De three men elected. There has
been much buttou-holing among the at
t0rneys interested in the Waggaman
case during the past week ia the interest
OF this or that candidate, but the Irues-
dell boom came unawares. apparently
10 an but a very Few who were present
al yesterdays meeting.
Question OF Interest.
tion OF adjournment yesterday. stated
plainly that he could not recognize the
appearance OF any candidate in the field
as reason FOR adjournment. but said
the objection on the part Of attorneys
interested in claims on List No. I 70
waive the interest on these claims would
have TO be considered. He said be would
go To work on the computation OF this
interest and would get il up as rapidly
as possible.
ut is upon this blessed List No. 1
that the whole question hinges" said
prominent attorney aproP0s of the cleo
zion Until It is determined what the
securities named iu this list amount 20
we cannot tell who is entitled 10 vote
and who is not. In my opinion and
that opinion is based upon as careful an
examination Of List No. I as the time 1
have had would allow. every creditor on
that list is practically unsecured
Value Of List No T.
1.-THE alleged value of the securities
on this list is 81. go go. but If it cashes
in for more than 500 90 after all the
trusts are paid on, I VIII be surprised
1T is not improbable. however, that
this whole matter viii be Strengthened
out within the next TWO weeks hope
it will for I should like 20 know where
my clients stand They are supposed
10 stand on List No J. bur figure that
they are standing in midair. If that is
all they have 20 stand on
Referees Hands Full
Referee Bradley mas had his hands fun
and was up until 4 o'clock yesterday
morning working over the claims which
have been filed liz was his intention 10
make an announcement at yesterdays
meeting OF these claims which had been
allowed and disaIIOwed and also 10 give
his estimate OF the value OF the List No.
securities, 1t having been the general
opinion OF the attorneys at the previous
meeting that interest would be waived
ana a vote taken. but Jhe prompt 0bie,5-
tiou on the part Of the attorneys mem
toned prevented mis- doing so.
He viii not state which claims are
allowed and which are not allowed until
the day OF election
Sale Of Art Collection.
Attorney Irving Williamson, who rep
resents Mr.. Waggaman, said last night
10 a reporter for The Times that. in
his opinion. III would be q good thing
for the sale OF the picture gallery If a
trustee were elected promptly. 1T has
been about decided that the best way 10