The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1904-12-05
His Name Said to Be Attached
to Mrs. ChadWick's Notes.
One for 100000 and Another
for $25O,OOO.
BANKERS ARRESTED.
President and Cashier of Ober-
lin Institution in Custody.
Son of Mrs. Chadwick Arrives
in Cleveland.

Cleveland, O., Dec. 5.-According to a
statement published here today there
are two notes in the Citizens National
of Oberlin bearing the endorsement of
Andrew Carnegie. These notes, it is
stated, are for $780, 900 and $250000 re-
spectively. It is further claimed that
these notes are now in the possession
of the United States government au-
thorities here, although the latter re-
fuse either to deny or confirm that such
is the case. A subpoena has been is
sued by District Attorney Sullivan for
Robert Lyone, receiver of the Oberlin
bank, ordering him to be present at
the hearing of President Beckwith in
Cleveland today.
Banker Under Arrest.
Oberlin, O., Dec. 5.-President Beck
with and Cashier Spear of the closed
Citizens National bank of this place
were taken to Cleveland today in the
custody of United States Marshal
Chandler and Deputy Coblitz of the
latter city. President Beckwith, who
has been confined to his bed for several
days, arose early and prepared himself
for the trip. Mr.. Beckwith seemed
much more composed than he did last
night when first placed under arrest.
He positively refused to discuss his ar
rest OF the affairs of the closed bank.
Cashier Spear was cheerful and even
joked and laughed with the marshal
and deputy. Shortly before boarding
the train for Cleveland, President Beck
with was called up by long distance
telephone from Elyrfa by Attorney
Johnston, who stated that arrange
ments had been made by Elyria friends
to offer bail for Beckwith's release as
soon as the amount was fixed by the
United States commissioner. Now that
the crisis has come the depositors of
4I- -1Av
lief, because as some of them said to-
day: I'VE will now learn the truth
concerning the condition of affairs at
the bank
On the other hand. many of the de-
poSitorS declare that the arrest of Beck
with and Spear is positive evidence
that there are no securities in the bank
to cover the loans made to Mrs. Chad
wick and as a result the depositors will
lose everything
Young Chadwick in Cleveland.
Cleveland, O., Dec. 5.-Emil Chad
wick, son of Mrs. c. L. Chadwick, ar
rived here today from New York. He
appeared pale and careworn. Young
Chadwick refused absolutely to discuss
his mothers troubles. He simply stated
that he had been instructed to keep
silent and this he intended to do.
Chadwick carried a small valise
which, according to New York dis
patches, contained his mothers jewelry.
,
or not the valuables were in the valiSe.
Waived Preliminary.
Cleveland, o., Dec. 5.-President G. T.
Beckwith and Cashier A. B. Spear of
the closed Citizens National bank of
Oberlin, appeared here today before
United States Commissioner Steark for
a preliminary hearing on the warrant
sworn out charging them with misap-
preparation of the funds of the bank
Both men waived preliminary trial and
a
which meets in February. Immediately
after the hearing President Beckwith
declared that he would not be able to
provide bond. Cashier Spear sent out
messenger in quest of bondsmen.
The bank officials having waived
preliminary trial no witnesses were put
on the stand, hence Receiver Lyons of
the Citizens bank, who it was expected
would be called upon to state the ma
ture and value of the collateral found
by him, did not testify.