The Bourbon news., 1904-12-13

been in the Tombs since last Thurs
day night, on a charge of aiding and
abetting bank officials in the embez-
Element of s12,50O. She was held un-
der $4,000 bail. A person, who is
in position to know the various
moves in the Chadwick case, in an in
terview said, Sunday:
Despite all reports to the contrary,
no active efforts have been made to
obtain bail for Mrs Chadwick in this
city. There are plenty of people here
who would sign her bond if asked, but
the fact is, it is not deemed advisable
for Mrs. Chadwick to leave the city
prison at present. If she were releas-
ed on bail the government could de-
mand "a hours in which to examine
her surety. Meanwhile the govern
ment attorneys could telegraph the
Cleveland authorities and before the
"a hours had expired could have addi-
tional charges sent here, so that it
would be necessary to procure new bail.
"This procedure could be carried
out as long as the government officials
thought they had charges. Again,
there might come a conflict in author
ity A county grand jury might find
an indictment against Mrs. Chadwick
and then the matter of eXtradition
would come up in a different light
from any yet suggested"
Cleveland, o., Dec. 12.-AccOrding to
the most accurate estimate of the es-
tate of Mrs. Chadwick that is possible,
before the receiver has investigated
her assets and reported his findings
to the court, her creditors as a whole
will receive about one and one-half
mills on the dollar. What lends addi-
tional interest to this showing, from
the creditors standpoint, is that one
man, Iri Reynolds, will receive the
whole of the assets visible at the pres
ent time. There may be funds in re-
serve somewhere, as there may be adj
ditional creditors who have not yet an
nOunced that Mrs Chadwick is indebt-
ed to them, but it is not expected by
bankers and attorneys of this city,
who have the greatest knowledge of
will be developed.
The extent of her operations is now
believed to be approximately as fol-
lows:
Secured from Citizens National
bank of Oberlin, and various sources
in and about Lorain county, Ohio,
100000
Borrowed from Herbert D. Newton,
$4,000
Borrowed from business men in
Pittsburg, S5OO,OOO
Total, $1,19O,000.
Against this stands security Of
known value on one note amounting
to $1,S00, which is held by ri Rey-
nolds.
The amount of money received by
as high as 100000, but it is believed
that portion of this sum is bonus
promised by her for an original loan
of at least $5OO,O00 Her creditor
there figures that she is indebted to
him for the larger amount, while she
has admitted that she owes $500,OOO.
Secretary Iri Reynolds. of the Wade
Park bank, declared Sunday night that
his implicit belief in the statements
made to him by Mrs. Chadwick in
which she declared herself to be the
daughter of Andrew Carnegie, was the
cause of his financial deal
ing with her.
"She told me-" said Mr.. Reynolds,
that she was the illegitimate daugh-
ter of Andrew Carnegie, and l believ-
ed her. l never doubted her story un-
til On the occasion of my last visit to
New York, when Mr.. Squire came to
me and declared that all the securities
she had given me as the notes of An
drew Carnegie were worthless. 1t was
only then that | doubted her. Before
that | had refused to say anything
about her or her affairs because
deemed it my duty to protect her in
the story of her birth as she had give
it to me-"