The San Francisco call., 1904-11-29
MAY Be SECOND
HUMBERT CASE
Society Woman Raises a Big
Sum on Alleged Securities
Which Do Not MaterialiZe

NEW YORK, Nov. 2S.-A sensation
has been caused here by the bringing
of a suit by Herbert d. Newton Of
Brookline, Mass, against Mrs. Cassie
Chadwick. a society woman of Cleve-
land. Ohio. for S19OS00 for money
loaned. Mrs. Chadwick is the wife of
a Cleveland physician. In addition to
Newton's suit several banks have taken
legal action to recover various amounts,
which bring the total sum to 1867 800.
Newton alleges that Mrs. Chadwick
told him she had s5.COO.O 900 in bonds and
securities placed in trust by Ira Rey-
nolds, secretary and treasurer Of the
Wade Park Banking Company of
Cleveland. and that she had note for
$500. 900 which she could negotiate at
any time for the purpose of paying
Newton He loaned her s19O,SOO.-
p. w. Carver of Boston, attorney for
Newton, in 4 statement for his client.
said that when the loan became pay
able it was not met and Carver had
conference with Mrs. Chadwick and
her counsel.
The statement was made to me-"
said Carver. that the securities held
as a ttust fund would soon be released
and that in a short time all the yari-
Gus obligations would be paid. Later
| went TO Cleveland, where l held
conference with Reynolds. but he re-
fused to disclose any information as
to the securities in his care.
Following another conference with
Mrs. Chadwicks counsel last Monday
we decided to bring suit in equity
for the recovery of the money and have
obtained injunctions restraining Rey-
ncIds from putting the securities out
OF his possession and also to prevent
Mrs. Chadwick from disposing of
them"
The magnitude of the suits and SEN
sational stories growing out of the case
have attracted much attention.
CLEVELAND, Nov. 2S.-Herbert 3.
Newton. the Brookline. Mass. capital
ist who has sued Mrs. Cassie Chadwick
for over $4,000. which he loaned her
OF notes, filed a motion in the Common
Pleas Court to-day asking for the ap-
pointment of a receiver of the alleged
securities belonging to Mrs. Chadwick,
said to be in the custody of Ira Rey-
nolds at the Wade Park Bank.
The court issued subpenas for both
Mrs. Chadwick and Ira Reynolds. sec
retarv and treasurer of the Wade Park
Banking Company. Reynolds is or
dered to bring into court tomorrow
morning all certificates and securities
he may hold belonging to Mrs. Chad
wick. Mrs. Chadwick is commanded to
bring into court full list of all securi-
ties she may have and also any securi-
tiles themselves that may be in her
possession
Reynolds to-day denied any knowI-
edge of the alleged note for $500. 900.
payable to Mrs. Chadwick, and said
there were no diamonds or other jew
els in his possession among the securi-
ties he holds of Mrs. Chadwick.
OBERLIN, Ohio. Nov. 2S.-The Citi-
zens' National Bank of this place was
closed to-day The action was taken
as a result of a meeting of the board
of directors held yesterday. The fol-
lowing notice was posted on the bank
door to-day:
This bank will not open this morn
ing or until further notice. The bank
is in charge of the national bank ex-
aminer for examination and investiga-
ton
c. C. Beckwith is president OF the
Institution. The bank was founded in.