Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-10-29
Halt Called in Waggaman
Bankruptcy Proceedings.
MOTIONS MADE TODAY
ATTORNEY INSISTS ON CoMPUTA,
TION OF INTEREST.
Expert Accountant to Be Employed
Complete List of Secured and
Unsecured Claims.

this forenoon was brought to rather alb
rupt close by the insistence of an attorney
upon his right to have the interest amounts
in the claims he represents computed and
added to the principal. and by the motion
or another attorney that an adjournment
De taken for one week in order to give the
creditors an opportunity to consider the ad-
Visibility of electing Mr.. George Truesdell.
former District Commissioner as trustee
AFTER a session lasting about thirty min
utes referee Andrew Y. Bradley declared
the meeting adjourned until Saturday. No
Vember II, at 10 o'clock am.
The claim of John +. Waggamau for
SZof 'l3i9S against his brother Thomas E.
WaSgaman, which was filed with the ref
cree yesterday, as exclusively given by The
Star, was subject of lively discussion by
the assembled lawyers and laymen, and
several of them remarked that the big
ed the proceedings and brought about the
quick adjournment.
Many Creditors Present.
In anticipation of interesting and impor-
tant proceedings in the bankruptcy case,
there was a large assemblage of the
creditors of the bankrupt and their
legal representatives this forenoon in the
grand jury room. Among the first persons
to arrive was Mr.. Thomas E. Waggaman,
who occupied his accustomed seat in one
corner of the apartment, and was soon
engaged in animated conversation with sew
eral of those who sat near him.
1t was noticeable that a larger number Of
women creditors were in attendance than
had been the case at the two previous sit
tings of the referees court. The room was
soon filled and the late corners could find
only standing room. Before the meeting
was called to order the assembled lawyers
discussed phases of the case, especially the
prospective election and who would be
chosen. All the names mentioned in The
Star from time to time possible prob
able candidates were given more or le =
consideration by the attorneys and claim
ants, but there was strong undercurrent
apparent In favor of former Commissioner
Truesdeil.
The meeting was called to order by Ref.
cree Bradley at 1920 O'Clock. Attorney Cor.
dan, who had attempted to file letter Of
attorney just before the referee raped for
attention. protested against the refusal OF
Mr. Bradley to receive the paper. The
referee stated that he would adhere to his
previous decision. publicly announced. not
to receive any letters of attorneys or
claims after Friday evening. Mr.. Gordan
stated that he represented the claim Of
the Traders National Bank, which had
previously been filed. He desired his ap-
plication to be made a matter of record.
Mr.. Bradley defined his position in de-
clining to reverse his former decision as to
the acceptance of claims or letters of at
torney after last night. and stated that he
had labored until o'clock this morning in
other matters for consideration by the
meeting today.
Moves to Adjourn.
At this point Attorney b F. Leighton
sprung a surprise the meeting by MAX
ing a motion that an adjournment be taken
for one week.
1T has come to u.s." he said, that Mr..
George Truesdell, a former Commissioner
of the District of Columbia, has consented
to act trustee if selected by the cred-
itors."
The speaker added that Mr.. TruesdeITs
name, being new one in the lists of prob
able candidates for the trusteeship, an ad-
journment should be taken so this knowI-
edge can be disseminated among the Wag-
gaman creditors. Mr.. Leighton said he had
instructions from some of the creditors he
represents to vote for the election of three
trustees, while another of his clients favors
the selection of Mr. Truesdell alone. He
therefore advocated postponement until
1.-The atmosphere is cleared in reference to
the truSteeShip.
Besides" added Attorney Leighton in
terest has not been computed on the claims,
l understand, and have no right to waive
the interest of my clients for any purpose"
Referee Bradley, in reply, stated that the
purpose of adjourning the meeting to give
consideration to any person in connection
with the trusteeshp would not be allowed
to influence his action in the matter of ad-
journment
But" he added, IF you insist upon the
computation of the interest on the claims
you represent. that is another matter. Do
l so understand your
81 do insist" replied Mr.. Leighton.
AT this point Attorney j. ]. Darlington
arose, and in seconding the motion to adj
journ for one week said the election of a
trustee was one of the most important con-
siderations before the creditors. He added
that Mr.. Truesdell was the man for the
place, and in answer to an inquiry to
when the former District Commissioner
would return to Washington said he had
received a cablegram from Mr.. Truesdeli
announcing that he would return to this
city by November u.
Attorney C. c. Cole thought it would be
wise to adjourn the meeting for the elec-
tion of trustee for one week.
81 fully agree with Mr.. Darlington" he
said, that the interests of the creditors re-
quire that we have the very best trustees
we can get I understand the trust COM
panies are not anxious to accept the trus-
teeship We want good strong man, and
1t is to the best interests OF the credltors
In every way that we have man of that
character.
The name of Mr.. Truesdell strikes me
favorably. This adjournment will give
time for a comparison of views, so there
will in reality, be delay. Besides it VIII
give the referee time to have the interest
calculated on all these claims The estate
is not suffering. When we do get trustee
after adjournment we will get good one.''
Referee Bradley said ii seemed to him, In
view of the fact that this petition In bank
ruptcy has been pending since September 8.
that the matter Of the appointment of
trustee might have been so thoroughly con-
sidered by the creditors by this time to
render further adjournment unnecessary.
He added that he was. however, desirous
of conforming to the wishes of the attor-
neys and creditors. and If an adjournment
was desired it would be taken unless there
be opposition The matter of calculating
the interest on the claims was one that
would occupy considerable time, and he
believed 1t would be advisable If an ad-
journment was taken to adjourn for at
least two weeks. He thereupon declared
the meeting adjourned to two weeks from
this date at 10 o'clock
The Situation Discussed.
After adjournment many of the lawyers
and creditors fingered in the room and conA