New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-13


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tee and with their consent l loaned her the
money. The next day she brought package
which she said contained $2o00OO in United
States Steel bonds and S23o0oo certificate
which was to hold in trust for her under the
conditions the previous package /
held these until month ago, when, in the pres
ence of several gentlemen they were opened.
1t about the time Mr.. Newton began his
suit. They contained bonds all right. but they
were not Steel bonds.
When asked what they were. MIR Reynolds
said
There were five $1,000 bonds of the Home Tel
egraph Company. of Niagara, y. y and SIX
certificates of the Buckeye Fish Company.
Just before he was appointed custodian Of
this last package, Mr. Reynolds says. Mrs.
Chadwick came to the bank one afternoon with
a package she said contained Steel bonds.
There many you could carry in your
two arms" he said. "She left them in the
vault. and when she returned from Europe she
took them away. saying she had been advised
to put such vast amount of valuable paper III
a better vault"
Mr.. Reynolds understood she take them
TO NewYork or Pittsburg
At time. he said, she made a written
statement to his committee that she had more
than S2Oo00O0 in bonds in the safety deposit
vault in the Wade Park Bank.
close up the dealings with Mrs. Chadwick met
with excuse and delay. He was put off time
after time. yet did not lose confidence.
He detailed one instance. that on May II.
1904, when he went TO New York expecting to
settle the entire affair. Mrs Chadwick in
consultation with number of lawyers, ana
after waiting two days he returned TO Cleveland
without seeing her.
He had read the trust agreement but had
never seen the signature. Mrs. Chadwick had
told him the original in the package he
held. He confidently believed everything would
be paid up to week ago, and had no suspicion
of anything wrong until few days before Mr..
Newton brought his suit Then his attorney.
Mr.. Carver, of Boston. called at the Wade Park
Bank. and said he understood he held some
Steel securities of Mrs. Chadwick. and showed
him paper assigning all her right and title in
Reynods's holdings.
Several notes of $4,000 each payable to DR..
Chadwick had been taken up by Mr. Reynolds.
moneys that might have been credit to Mrs.
Chadwick in the First National Bank of Ceve
land on August 20. Some of these were paid
and in February or March, 1904, money was
placed to her credit in this bank. Mr. Reynolds
thought money came from the East to pay all
these. and felt assured that what he held was
all right.
A CHECK FROM JUDGE OLCOTT.
He was further assured when Judge Ocott
of NewYOrk came to Cleveland and was in
troduced to him over the telephone by Mrs
Chadwick. Judge Olcott he said. assured him
that he would relieve Mrs. Chadwick from her
unenvable position He knew Judge Olcott was
$500. signed by Judge Olcott, which he re-
ceVed the next day.
He last her November 10. She de-
sired to go East and had no money. He cashed
q check the Lincoln Trust Company, Of New
York. 1t returned marked Account closed
He took it out OF the Wade Park Bank paid 1t
and has it in his possession He brought the
Newton debt to her attention. and advised her
to go East and raise the money and settle the
whole affair, and he thought she went East to
Andrew Carnegie
Mr.. Reynolds came away from New-York. he
/ ~ IA how ntlcrh
| to stay there two hours. She has fooled me
and many men smarter than me. she has
| pulied the WooI over every pouS eS 80. ne
pealed to him despite his troubles, he said:
! Once she wrote to me to ask me if needed
I help because of the run on the bank.
SENT HER MONEY BY CABLE.
Still another incident was detailed by the wit
! ness, who said;
When Mrs Chadwick was in Europe she wrote
! that Dr. Chadwick in the hospital. seriously
| i'll: the daughter also i'll, and she in
sore distress Emil came home to save ex-
! penses and here he taken with typhoid
t fever. She cabled me that she had no money.
! and l sent her $4,000. The shock of Emils
illness made her seriously i'll, and when she ar
| rived here she thought to be dying. She
! then told me where, if anything happened to
! her. I would find a letter to Mr.. Carnegie, and
he would settle all her Indebtedness.
witness had seen no other notes. but had seen
a check which was sent to his house when he
| was Ill. 1t was TOT "tO.ouO ana 1dd andrew
! Carnegie's name signed to it. Whether any
! money was ever procured it he did not know.
As TO the value of Mrs. Chadwicks household
! fittings Mr.. Reynolds thought they might be
worth about 5000 600 He said he took q chat
/ tel mortgage about two years ago, but had
! never recorded it
This ended the examination of MIR. Reynolds.
and the hearing put over until Saturday.
for the presence of further witnesses. These,
! II is understood Mrs. Chadwick and her
| SON. Emil If they not in this city by that
l time the examination will be put over still
further.