The Washington times., 1904-08-24
More Suits Threaten
Thomas E. Waggan1an
Papers Alleging an Indebtedness of One
Hundred thousand Dollars May Be Filed
This AfternOOn-AII Decline to Talk.

The financial embarrassment Of Thorn
as r.. Waggaman and the complications
incident thereto have stirred the com
munitE as 10 other event Of a similar
character has done IN years.
The widespread business connections
OF Mr. Wagsamsn, and the many i'm
pOrtant money interests cO1fided 10 mis-
charge. are reasons why great anxiety
IS felt I'm many a Washington home re-
garding investments made. or supposed
TO have been made. by him.
As far as the affairs of the Catholic
University intrusted 20 Mr.. Wagga-
mans management. are concerned. the
parties Immediately interested appear 20
be disinclined 20 shed any further light
upon t.ie transactions which eliminated
in Jhs h1ilg Of the deed Of trust FOR
zImsshinE over $4,000 on various OF
Or. Waggaman's suburban properties.
Will Not Talk.
The university authorities decline to
discuss the subject, on the ground that
a proper person TO do so is George +.
Hamilton counsel for the institution.
Nr. Hamilton begged TO be excused from
answering any questions, or sayir <
anything bearing upon the matter, de-
specifically Instructed 10 that effect
Mr.. Waggaman persists in his silence.
and his counsel, Irving Williamson, is
equally reticent.
The monetary obligations pressing
upon Mir. Waggaman appear 10 DE grow
ing with every hour.
Among the developments of today i=
the proposed filing Of "a petition praying
- .HrrHr ..r
matter of certain trust funds placed in
his hands.
IL is also stated upon the authority OF
one Of the intending Htigants that either
this afternoon or tomorrow morning :.
number OF suits will be filed against
Mr. Waggaman based upon promissory
notes. the makers Of which are said
TO have been clerks in his Office. and on
which he appears as indorser.
Fortune Involved.
The aggregate amount Of these notes
I0 said 10 be I'm excess OF 10000. and
they are declared to represent funds
given 10 Mr.. Waggamau FOR investment
I'm real estate.
1t viii be impossible. Of course. TO OBJ
tain AN idea Of what these obligations
may be, unless either Mr. Waggamau
chooses 20 make voluntary disclosure
OF the same-which is considered i'm
prohabls-or the courts act favorably
upon the petitions asking that he be- de-
clared bankrupt within the meaning
of the law
In the latter event a complete state
menJ OF AN mis- assets and Liabilities
would have Co be submitted and the
extent OF the difference. II any. between
the two could thus be- dscortaincd.
One Feature.
One of the features Of the case which
attracts no little attention is the 0ues-
tiOn of the liability OF the makers of
the notes indOrsed by Mr. Waggaman.
IL appears that in the majority Of cases
( these makers were clerks i'm his office.
who. at his request. made these notes
without receiving any valuable cousid-
GRAFTON therefor
Nevertheless. So lawyers say. these
clerks. if living. e.. their estates. il the,
have died meanwhile, are responsible
for the amounts OF the notes 10 which
they signed their names This Is fbe
rule of the common law. but besides the
District code Is specific on the subject
Section %33 Of the code SAYS:
All Responsible.
An accommodation party les one wbo
has signed tho instrument AS maker.
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