New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-11
RECEIVER GETS SECURITIES" "
CHADHICK PAPER PURPORTS TO BE FROM H NEWr
YORK CARNEGIE -BECKUITH CONFESSION OUT.
Womo" Unable to Get Bail Nay Fight RmocaI
Banker May Be Ruined by Helping Friends Fife

Cleveland, Dec. 10-A. \. Stearns. attorney
for Herbert D. Newton. OF Brookline. Mass.
made statement this afternoon concerning the
securities that were found in the packages left
with Iri Reynolds by Mrs. Chadwick. According
to his statement the securities are follows:
Package No. 1 contained note made payable
to Cassie l. Chadwick, dated May %, l9b2, for
So,IOOVo and payable in fifteen months. 1t
was signed with the name OF Andrew Carneg!e-
In package No. l was also trust agreement
dated February p. 1901, and signed Andrew
Carnegie" purporting to be a receipt for seCur-
tiles delivered to Andrew Carnegie by Frederick
Il. Mason, decseased. uncle OF Cassie l.. Chad
wick, the value of the securities being placed at
ST,5OO.OOO and to be productive of income tt .ese
securities purportcd 10 be bonds of the United
States Steel Corporation, the CaiedOnian Rail
way of Scotland and the Great Western Railway
of England.
Package No. . contained duplicate copy of
the trust agreement.
Package No. 3 contained promissOry note to-
S1,StD signed by Emily and Daniel Pine. and
made payable to Cassie l. Chadwick. and q
mortgage securing the same.
RECEIVER IN NEWTON SUIT.
The Common Pleas Court to-day appointed II.
W. Bell. local representative Of d guarantee
company as receiver on behalf Of Herbert d.
Newton, of BroOklIne Mass. in the latters ac-
tion against Mrs. Cassie L. Chadwick Lengthy
arguments made by Attorney Stearns. rep
reSenting Mr. Newton, and Attorney Grossman.
representing Receiver L1eseT. who had been ap-
pointed by the federal court The latter con-
tended that the appointment of Il receiver by the
federal court barred the appointment of another
receiver by court Of lesser jurisdiction. Judge
Babcocl, however took the view that no official
knowledge of the appointment Of receiver had
been brought to the attention of the court. and
IN view of that fact appointed Mr.. Bell.
Mr.. Loeser and his attorney at once went TO
the Federal Building to apply for an injunction
restraining Mr. Bell from acting. On their ap-
plication the United States Court granted an in
junction against the firm of Carr. Stearns &
Chamberlain. attorneys for Herbert ID. Newton.
and H. W. Bell, restraining them from taking
possession OF any securities other property of
Mrs. Cassie L. Chadwick pending final hearing.
y United States deputy marshal left immedi-
ateIy to serve the papers
CARNEGIE" OF NEW-YORK
Mr.. Bell managed to escape the service of the
restraining order of the federal court, and thirty
minutes after he was appointed obtained from
Iri Reynolds all OF the Chadwick papers in his
possession.
Among the papers found was what purported
to be a copy of a trust agreement between An
drew Carnegie and Mrs. Chadwick The docu-
ment reads as follows:
Know all men by these presents that L An
drew Carnegie. of New-York City. DO hereby
acknowledge that hold in trust for Mrs. Cas-
sic l. Chadwick. wife Of DR.. Leroy S. Chadwick,
OF No. 1.S24 Euclid-ave.. city of Cleveland,
County of CuyahOga. and State of Ohio prop
eTly assigned and delivered TO me for said Cas-
sic L. Chadwick by her uncle. Frederick f.
Mason, in his lifetime (now deCeased). which
property is of the appraised value of ten mill
ion, two hundred and forty-six thousand dol
lars &10,246,0OO. consisting of 900 shares Of
Great Western Railway stock of England and
Wales. valued at two million one hundred thou
sand dollars (S2, 100000 1900 shares OF Gale
donian Railway stock Of Scotland. valued at
million one hundred and forty-sx thou
sand dollars (S1146.OOm. and bonds Of the
United States Steel Corporation of New-Jer-
sey. bearing per cent interest, of the par value
OF seven million (SIOO0O0Ol dollars.
The income from the above described property
I agree 10 pay over to said Cassie L. Chadwick
semi-annually between the 1st and 10th days
OF June and December of each year. during the
life of this trust, without any deduction or
charges for services or expenses of any kind
this trust to be and remain in full force until