The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1904-12-14
IRI REYNOLDS TESTIFIES
Custodian Of Chadwick Securi-
ties Before Grand Jury.

ties Before Grand Jury.
Two Counts Under Each Indictment,
One Charging Forgery, the Other
uttering Of Forged Papers-Witness
Excused From Telling How Much
of his Personal Estate Was Lost.
Cleveland, Dec. 49, - Trouble for
Mrs. Cassie L. Chadwick increased at
rapid rate yesterday. She was twice
indicted by the grand jury of Cuyahoga
county, and her old time friend Iri
Reynolds took the stand in court and
made evident his intention to shield
and protect her no longer.
The aged man presented a pathetic
picture as he answered question after
question, which brought out his own
implicit faith in the woman. He gave
evidence, too, that he still believes his
trust was justified. Only one query he
attempted to evade. This was when
he was asked how much of his per-
sonal estate had passed into the pos
session of Mrs. Chadwick. His eyes
filled and he requested that he be ex
cused from answering. The question
was not pushed.
The formal indictments voted
against Mrs Chadwick are based. one
upon the Carnegie note for $250,000
which was made payable at the Office
of Andrew Carnegie in New York city,
and the other upon the Carnegie note
for 100000 which was payable at the
National Bank Of Commerce in New
York. Under each indictment are
two counts, one charging forgery, the
other uttering of forged papers.
Information of the indictments was
at once wired to New York by County
Prosecutor Keeler, who requested that
Mrs. Chadwick be Immediately rear.
rested If she secured bail on the other
charges
No New Assets Discovered.
The examination of Iri Reynolds,
treasurer and secretary of the Wade
Park bank, before Referee Remington
in the bankruptcy court failed to dis
close any asset that might be secured
by Receiver Loesser, appointed by the
federal court, but brought from Mr.
Reynolds in reply to questions the
statement: "She told me she was the
illegitimate daughter of Andrew Car.
negie."
Later Mr.. Reynolds, in detailing his
transactions with Mrs. Chadwick, said:
''In all my transactions with Mrs.
Chadwick, | believed from what she
told me, that Andrew Carnegie was
backing her and all her Indebtedness
would be paid"
He then added: And have not had
anything yet to make me doubt It,"
Mr.. Reynolds said he had seen dia-
moIds that had been pledged in New
York and were inventoried at $9S 900.
He had also seen them at the house
They were contained in several trays
in a box. and Mr. Reynolds caused a
ripple of laughter in the court when
he said:
"They were as nice and pretty A lot
of pearls and diamonds as you ever
saw"
He lid not know, however, where
they were now. Mr.. Reynolds was
frequently corrected as to dates by At
torney Andrew Squires. The eXamina-
tion was made by Attorney Grossman,
the law partner of Receiver Loeser
Mr.. Reynolds said he had known
Mrs Chadwick seven or eight years
and Or. Chadwick all his life. Regard
ing the $5,OO0,O0O note bearing the
name of Andrew Carnegie he said:
Mrs. Chadwick called me to her
house, think it was March 5, 1903
and said she wished to intrust to me
some securities. She said she had
been advised to place them in the
possession of third party, and she
wanted ME to take care of them"
This is the package that was opened
last Friday night by Attorney Squires.
The package was produced in court
and Mr.. Reynolds identified the Car
negie note, the mortgage deed and the
copies of an alleged trust agreement.
Securities (7) Held In Trust.
Continuing, the witness said: "She
then handed a paper to sign AS
near as he could remember it read:
" certify that | hold in trust for
Mrs. Cassie Chadwick securities and a
note for $5,0O0O00"
The note was not endorsed. but he
had no doubt that the alleged maker
of the note was back Of the woman.
The contents of the package were
identified separately by Mr.. Reynolds
and he marked each paper as an ex-
hibit. The $5,OOOOO0 note was marked
exhibit A.
Asked as to other transactions sub
sequent to 1903, Mr.. Reynolds said:
"There is one-it is a little banking
secret, but I'm willing to tell all. She
came to me, think it was in 1904, and
said she had $4,000 in paper payable
at the Prudential Trust company. If
| would let her have -he money she
would put up United States Steel
bonds in the morning as collateral.
consulted my committee and with their
consent | loaned her the money The
next day she brought a package which
she said contained 100000 in United
States Steel bonds and a $3.50 900 Ger.
tifcate which | was to hold in trust
for her under the same conditions as
the previous package.
az held these until a month ago