The Montgomery advertiser., 1904-12-02
CAN PAY HER DEBTS
ms. CuADwIc1k's LAWYER SAYS
 SHE HAS MONEY.
oAe Oves the Small Sum Of ee0Oy0o0, Dut Has Enough to Liquidate, and
 Then Live tn Com fort.

New York, Dec. IA definite accept ance has been made. 1t Is reported. of the arrangement entered into between the attorneys for Mrs- Cassie Chadwick of Cleveland, O. and Henry D. Newton of Brookline, Mass. for the settlement ef the suit brought by the latter to recover money loaned on notes for about sIso.ooo The acceptance Is stat ed to have been agreed upon at midnight conference held at the Park Avenue Hotel. Present were Banker Newton and his Boston counsel. The latter announced that they had perfect confidence in the ability of Mrs. Chad wick to meet their claims Attorney Carver said: "Circumstances have arisen which have caused us to change our front. The conference was merely to end in good shape the agreement catered Into"
 Boston, especially to attend the confer once 1t is expected the Newton suit win now bs dropped.
 The settlement of the Newton claim when made will reduce Mrs. Chadwicks aileged obligation by $1so.000. At the same time, however. there remains claims aggregating at least ssoo.ooo.
 That they may reach greater sum is apparent from a statement made by her attorney yesterday. He had been asked to name the aggregate amount of the claims filed against Mrs. Chadwick. but declined to do so. When asked IT they would reach a million dollars. he replied:
 well. you may place 1t at that ng- ure. For all I know. there may be claims for twenty million dollars against her."
 Percy Carver. of counsel for Herbert B. Newton. said today:
 MT. Newton's suit against Mrs. Chadwick, will be held in aheyance un- til a full settlement is made. This Is done to give Mrs. Chadwick time to think the matter over and to give us an opportunity to learn whether she Is willing and able to settle the case out of court. We are willing to settle out of court if she is so inclined.
 "Concerning the report that MT. Car negie's name appeared on the $500,000 note. which Mrs. Chadwick showed to MT. Newton. have nothing to say. nor will discuss any other suits which have been brought against Mrs. Chad wick"
 Mrs. Chadwick today left the hotel where she had been stopping and it was reported that before leaving she paid her bill. indicating that she did not intend to return. It was believed that she intended to leave for Cleve- land today.
 Edmund W. Powers. counsel for Mrs. Chadwick. made a statement regarding the case this afternoon. He said that the total indebtedness to Mir. Newton was approximately $1s0Soo. Of this he said $7s.000 was money actually owed and due. ss5.ooo was due on bo- nuses to be paid for the accommoda- ticn. and s50.000 was owed on two notes of $25,000 each. which would not mature for a year.
 Mrs. Chadwick has ample money te meet her debts." said Mir. Powers. She has over $1.o00,0o0 in her own right. It is true that she paid over to her husband $2.50o.ooo some time go. but had enough to meet all her debts which total about $5o0,000.''
 Regarding the failure of the Citi- xen's National Bank. Lawyer Powers said that Mrs. Chadwick was in no wise to blame.
 Mrs. Chadwick's personal statement will not be ready until Saturday" he said.
 Mrs. Chadwick returned to the IoI- land House this afternoon and noti- feed the management that she would prabably leave the city Saturday.
 Later Mir. Powers. counsel for Mrs Chadwick. said that he had advised Mrs. Chadwick not to make any state ment to the public until after the pend- ing claims against her had been set tied, and that she would be very likely to pursue that course. >
 Mir Newton had a long conference with his attorneys here during the day when the situation with regard to settlement of the claim against Mrs Chadwick was throughly discussed.
 At the conclusion of the conference George Ryall, Mir. Newton's local counsel, said:
 We are now satisfied that Mrs Chadwick has ample means with which to meet all our claims and that she means to do so. It IS now only a question of arranging the details of the settlement.
 Our cliam will be the very first to be settled and it will be settled in a very short time. I have seen Mrs Chadwick and I am satisfied that she is not the woman that she has been represented to be in some quarters. that perhaps she has been careless in monoy matters but that she means to honestly pay all legal claims against her. A proof of this fact, think, Is that she has many powerful friends who are seeing her through her present difi- culties."