The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-12-14

house and said she wished to intruSt
to me some securities. She said she
had been advised to place them in the
possession of a third party and she
wanted me to take care of them.
This is the package that was open
ed last Friday night in the presence OF
Mr. Reynolds and Attorney Stearn by
Attorney Andrew Squire. The pack
age was produced in court and Mr..
Reynolds identified the Carnegie note.
the mortgage deed and the copies of
an alleged trust agreement.
Continuing the witness said:
"She then handed me a paper to
sign"
This paper witness did not have
with him but as near as he could re-
member it read:
Il certify that I hold in trust for
Mrs. Cassie l.. Chadwick securities
and a note for $5000,000." f
The note was not endorsed, but he
had no doubt that the alleged maker
of the note was back of the woman
The contents of the package were
identified separately ny Mr.. Reynolds.
and at the request of the examining
counsel h marked each paper as an
exhibit. Asked as to other transac-
tons Mr.. Reynolds said:
There is one, it is a little banking
secret, but I'm willing to tell all. She
w
and said she had 900 in paper pay
able at the Prudential Trust Com
pany. If l would let her have the
money she would put up United States
Steel Corporation bonds in the morn
ing as collateral. / consulted my COM
mittee and with their consent L loan
ed her the money The next day she
brought a package which she said
contained 100000 in United States
Steel bonds and a $3.50. 900 certificate
eeeeeeeeeeeeWhich l was to hold in
trust for hr under the same conditions
as the prvious packag. / held these
until a month ago, when in the pres
ence of several gentlemen they were
opened. 1t was about the time Mr..
| Nwton began his suit. They contain
ed bonds all right, but they were not
steel bonds.
When asked what they were Mr..
Reynolds said:
There We're five $1,000 bonds of the
Home Telegraph Company of Niagoro,
n. Y, and six certificates of the Buck
eye Fish Company"
AT one time she presented a written
statement to his committee that she
had over $2.000.000 in bonds in the
Safety Deposit vault in the Wade Park
Bank
He had read the trust agreement
! but had never seen the signature.
Mrs. Chadwick had told him the
| original was in the package he held.
He confidently believed everything
would be paid, up to a week ago. and
had no suspicion of anything wrong
until few days before Mr.. Newton
brought his suit.
"She has fooled me, and many men
smarter than me: she has pulled the
wool over everybody's eyes"
Then with a faint smile as though
| the humor appealed to him despite
his troubles he said
| "Once she wrote to me to ask if !
needed help because of the run on
the bank
Still another incident was detailed
| by the witness.
"When Mrs. Chadwick was in Flu
ropes he said, "she wrote that DIR.
Chadwick was in the hospital, SER
ously i'll, the daughter was also Ill
and she was in sore distress. she
cabled me that she had no money ard
here she was thought to be dying.
She then told ME where, if anythinS
happened. to her. ] would find let
ter 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 i'll. 1t was
for 100000 and had Andrew Carne-
gie's name signed to it. Whether any
money was ever procured on it he did
mot know.
AS to the value of Mrs Chadwick s
household fittings Mr.. Reynolds
thought they might be worth about
100000.
He said he took chattel mortgage
about two years ago but had never
recorded it.