The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-12-11


admitted to exist: by President Beck With,
100000; note held by$Ir Reynolds. S.. ooo.
0cO; GER iflcate Of trusteesh.p for secur-@
tiles, held by Reynolds. s, 500 200; 3 total.
SIS, 75O. 200. S5s IN Al 889 3sss58s3
Beckwith's Dream.
& q With this backing Mrs. Chadwick was 4
enabled to obtain large loans during the
last two or three years, most Of which
was repaid no Wever. The only fnan-#
5clai Institution that. 50 far as Is known
mas been com PEELED ITO close on the knc.& +
Scoun is Of the woman's dealings ( Is the /
Citizens. National Bank OF Oberlin. the 4
president and cashier of which are now 4
under Indictment and und er bail on the
charge OF sr1isapp ton Of nat onal bank 4
funds. The inducements offered the L
Oberlin National Bank officials we're 4
of Mrs. Chadwick to Messrs. Becswith 4
and Spears that their bank was q to d be Z
made the trustee of Mrs. Chadwckss3
81, 00o0 900 estate, and that the bankers i
were each to recei I've a yearly sala ry OF
$40 900 for tn cir seryices., nd dit lonal 81
bonus Of $4,000 was promised the bank
when the loans We're repa I'd. Az a
Preacher in / t;;3N ew Receiver.
ists Rev: DR.. Charles "A !. Eaton, pastorgof#
the Euclid Avenue :Isslptis church,
through whose brother. flaws firm In 4
Boston Mrs. chad WICK ti,r'st srr,e I ew-
ton. Of II Brook lyn, liza 81 refused 10 make \
any reply to- hfr. ewt on's ~ atemen e to-
day concerning the minister's connection
with the case. Dr. En- ton S faml ~ reports 4
him confined to his bed and iraccess3Ible
5tog!nterVlewers.t3 DR.. Eaton did h howeverssss
hear wha Mr.. Newton had 4 10 sa y about 8
his 52s Ncwton's) transa ctions with Mrs.
ChadWi ok. gS
The legal aspect OF the case local ys has &
taken on a new phase to- d a " by til e ap-
,pointment Of a second receiver for the
Chadwick, property In behalf Of Banker
Newton. The appointment was vigo-
rously opposed ! by cou sel ap o!nted by
the Federal Court a. few d ays ago to take 4
over tho Chadwick possessions An att
tempted Injunction to prevent t he second 4
receiver from acting was frustrated by
his escaping service and obtaining pos
session OF the Chadwick papers held BY .
ri Reynolds. s q s$ = M 4SS
Contents Of Packages. n
Attorney "A. sSA a. stearns, representing II
Herbert D. Newton, OF Brookllne. Nh ss., \.
made an authoritative; statement to-day
concerning the securities that were found 81
N the packages left with ri Reynolds
by Mrs. Chadwick. a d y EsSl$EEs
Package No. contained a note mad ~
payable to Cassie Il. Chadwick. do ted 5
May 90 1902. z for S., 900 900 Il and pnynbo{
IN fifteen months II wa Isl ned with ~
the name of Andrew Carnegie. II IN pack
age No was also a trust agreement, "
dated February y Dol. $ and u signed n
Andrew Carnegie" purpoting TO be a
Andrew Carnegie BY Frederick r.. Mason. 81
deceased, uncle Of Cassie +. ChndWick. "
the value Of the securities being placed
Mt $4,000 900. and to- be productive OF III
Income. These securities purported II to t8
be bonds Of the United States Steel Cor-
the CALIFORNIAN Railway OF
Scotland and the Great Western Rail
tained duplicate copy OF the trust
agreement; package No. 3 contained IKE
promissory note for sl.So0. signed by
Emily aud Daniel Pine, and made paya- Il
BILE to Cassie L. Chadwick and mortgage 4
securing the same, Z. ~
The Trust Agreement.
The so-callcd trust agreement reads
as follows: q, vi
3, know all men by these presents,-That
I, Andrew Carnegie, of New York city, H
10 hereby acknowledge that Il hold In 4
trust for Mrs, Cassie L. Chadwick. wife
il DIR. Leroy S. Chadwick, of No. 1894 X
Euclid Avenue. city Of cleveland, county
IF Cuychoga and State OF Ohio. properly 81
assigned or delivered me for said Cassie Hi
r. Chadwick by her uncle. .FteJer.ck R,5i8&i
Mason, in his lifetime CHOW deccascd) /, 5
which property is 3of3th he appraised value 8#
u ten million two hundred and forty-
six thousand dollars (S10,2AS, 000). con- a
s!stIng OF 1890 shares or Great Western &
Railway stock Of England and Wales.
Valued ut two million one hundreJ ,hoa-
sand dollars tS2slg0 1000. $40 start 81
Railway stock OF ScotlNads
,nlued al one million one hundred aila s
orty-six thousand dollars tshIi6,op0A.
md bonds of the United States Steel If
Corporation OF New Jersey. bearing fipe 5f5'
6) per cent. Interest OF the par value S
II seven milllon (sl7, 00O,l00l dollars;
"The income from the above d sscfibFd %
property ! agree to pay over 10 said 81
CASSIE l.. Chadwick. se,ni-annually ber M
ween the first and, fifteenth days OF
tune and December OF each year dur 4,
ng the life of this trust. without any
or charges for services or *.
,enses Of any kind, this trustBto be and
emain In full force until August ", 9o2.
n case OF the death OF said Andrew Car II
,egie. said trust TO terminate immedi-fs
.tely. and said property. income and MI sg
to vest absolutely. both m law 45
nd equity, In said Cassie III Chad WICK,
n cnse OF the death OF Cassie l., Ehad-
wick, said trust TO terminate !mlnedl- 4
Itely and all OF said property, together
With all Income and proceeds thereof ~ ,.3l
u. transferred and turned over 70 the
,elrs at law or legal representative ~
aid Cassie l.. Chadwick. 5s 3gs
%nI furthess agree 10 carry out aA 9r 3s
he above provisions, and that. AL az s4aid Ss
stocks and bonds have peen endssfssd s3