The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1904-12-01
WILL PAY $4,000.
Mrs Chadwick Arranges to Settle the
Reynolds Claim.

| New York, Dec. 1.-The announcement
that one of the largest creditors of Mrs.
| Cassie L. Chadwick. the Cleveland woman
! whose financial affairs came into promi-
ago, had agreed upon a settlement,
has given a new phase to this
strange case. At the same time the air
| of mystery which has surrounded every
| turn thus far made, was still present to-
day and there was absolutely nothing be-
come would be-. That all the legitimate
claims against Mrs. Chadwick will be met
is the statement made by her attorneys,
but at the same time they decline to say
anything to the source from which the
necessary funds will be obtained. Mrs.
Chadwick will produce the necessary col
proper time. we do not feel called upon
this collateral or from whence it will
come"
| tude taken by Mrs Chadwick's legal ad-
visers Beyond that they have absolutely
the value of the securities said to be in
the possession of Ira Reynolds, treasurer
of the Wade Banking company of Cleve-
land, or, in fact, any of the individual
fea lures of the case.
The settlement of the Newton claim
when made will reduce Mrs. Chadwicks
alleged obligation by $4,000. At the same
time. however, there remains claims ag-
reach a greater sum is apparent from
statement made by her attorney yester-
day. Fie had been asked to name the ag-
gregate- amount of the claims already
filed against Mrs Chadwick, but declined
to do 50. When asked if they would reach
a million dollars, he replied:
We'll, you may place it at that figure.
I For oo al Il know there may be claims for
I'VE are now in a position to state
that Mr.. Newton's claim will be paid
in full and we have gone so far that
we are not relying any more on mere
promises"
This statement concerning his clients
present position was made today by
Arthur A. Stearns, the Cleveland law
yer representing Herbert D. Newton.
Mr.. Newton, Mr.. Stearns and Percy
W. Carver, the Brooklyn mans Boston
attorney. were in conference relative
to the expected settlement of the suit
at the office of George F. RyalI dur
ing the forenoon. 1t was then under
stood that Mrs. Chadwick was to visit
Mr.. Ryal's office today
Mrs. Chadwick today left the hotel
where she had been stopping and it
was reported that before leaving she
paid her bill, indicating that she did
not intend to return. 1t was believed
that she intended to leave for CIeve-
land today.
Perry Carver of counsel for Herbert
d. Newton, said today:
Mr.. Newton's suit against Mrs.
Chadwick will be held in allegiance I'M
til full settlement is made This is
done to give Mrs. Chadwick time to
think the matter over and to give us
an opportunity to learn whether she is
Wiling and able to settle the case out
of court.
I'VE do not think that Mrs. Chad
wick has had time to consider the
matter thoroughly. She has been i'll
and we do not wish to force her. We
are willing to settle the matter out of
court if she is so inclined. Mr. New
ton and 1 will return to Boston this
afternoon. We will not see Mrs. Chad
wick nor will we hold any kind of a
conference with her.
Concerning the report that Mr. Car
negie's name appeared on the $500, 900
note which Mrs. Chadwick showed to
Mr.. Newton, have nothing to saw
Nor will 1 discuss any other suits
which have been brought against Mrs
Chadwick
Edmond Powers. counsel for Mrs
the case this afternoon He said that
the total Indebtedness to Mr.. Newton
was approximately $190,S00. Of this
he said $4,000 was money actually
owed and due, $4,000 was due on
bonuses to be paid for the accommo-
dalton and $4,000 was owed on two
notes of $25. 900 each, which would not
mature for a year.
Mrs Chadwick has ample money to
meet her debts.'' said Mr.. Powers.
''She has over $1,O0O,O0O in her own
right. 1t is true that she paid over to
her husband $2,500,O0O some time ago.
but had enought to meet all of her
debts which total about 5000, 0OO"
Regarding the failure of the Citi-
zens' National bank, Lawyer Powers
said that Mrs. Chadwick was in no
solvency to the methods pursued by
the officials of the bank.
Mrs. Chadwick's personal state