The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-12-12

whole wiz receive about one and one
half mills on the dollar What lends adj f.
diti0nal interest 70 this showing from
the creditors standpoint is that one
man, Fri Reynolds. viii receive the
hole of the assets visible at the pres
ent time. There may be funds i'm re-
serve somewhere, as there may be adj
ditiOnal creditors who have not yet an
nCunced that Mrs. Chadwick is in
debted 10 them. but il Is not expected
by bankers and attorneys of this city
who have the greatest knowledge Of her
affairs that any more large loans VIII
be developed
Borrowed s1,19o, 900.
The extent of her oDerat ioas is now
believed TO be approximately as fol-
lows
Secured from Citizens; National bank
of Oberlin and various sources in and
about Lorain county, Ohio, 100000.
Borrowed from business men IN Pitts
burg. $780, 600.
Borrowed from Herbert D. Newton,
$4,000.
Total. sf.19O.OOO
Against this stands Sc ,Urity OF known
value on one note amounting 10 Sl,SO0,
which is held by Fri Reynolds.
May Owe More.
The amount of money received by
Mrs. Chadwick in Pittsburg may run
as high as $500, coo. but it is believed
that a portion of this sum is a bonus
promised by her for an original loan OF
at least 100000. Her creditor there
figures that she is indebted to him for
/ the larger amount, While she mas ad-
mitted that she owes SJ00,O0O. II ner
/ debt in this direction is 100000. the
probabilities I'm sight of the creditors IS
J q
| dollar. Il is not believed by any OF
! the attorneys i'm the case that the car
I negfe securities will be of any account
/ whatever. If they do at any time re-
veal value other than that Of so many
! cents per pound of white paper, the De
/ light Of the lawyers Will be comparable
/ only 10 their amaZement, and just no"
they are anticipating neither pleasure
F! nor establishment.
Claim of Defense.
The case of Mrs. Chadwick viii to
morrow morning be brought before the
Grand Jury of CuyhOga county The m
vestigation viii extend only To the al
legged fOrgeries Of the Carnegie notes.
and "a report from the jury IS expected
not later than Tuesday. 1t Is the opln-
ION OF. some Of the leading attorneys OF
fCleveiaud that q charge Of forgery
cannot he made TO hold IN connection
with these notes. They declare that u
is not I'm act of forgery for one person
I 10 write the name Of another. but Jnat
the ofense lies in the attempt 10 neg0-
tiate such a signature for a speclhc
value. This they say there Is so Iar no
evidence that Mrs CHADWICK mas zone.
she has not sold nor attempted TO sell
/ the notes for cash She has not said
that she would be glad 10 obtain money
+ g., .--a1ar7-ro fO1. Them.
Reynolds Was Used.
She has obtained money from various
sources on the statement OF I'm Key 70
rclds that She. TO the best of ms
K9ovIedge and belief, held securities
81 certain value. ana whether ne
3 proves correct or otherwise III ms Val
E De of the notes there can be 80 oouo1
$ that Mr.. Reynolds believed what he
- sid. There has been. according TO the
attorneys. no evidence SO far obtained
, showing that Mrs. Chadwick obtained
money on thes notes an any other man
S I,sr thau through the attestatiOn Of
I { l.i REYNOLDS that he u2d seen the notes
{ nd considered them good.
Failed to Indiet.
t IF any man loaned money to Mrs
/ Chadwick according So the strength oil
. his belief in the ability of Mr.. Key
r0ids to Judge accurately Of the Vaiu9
of securities. then the affair, according
20 the attorneys who hold this view Of
the case. is one that rests only between
that man and his own hard luck Other
charges may Ee brought nome 10 her
they declare. but in their opinion n
! will be somewhat difficult to punish
her for forgery in connection with the
Carne sic notes unless it can be shown
that she endeavorsd TO negotiate them
! This apparently is the opinion OF tbs
Lorain county grand jury, which talieo
4 10 return an Indictment against her
The loan of 100000 said 10 have beer
= received by Mrs. Chadwick in Pitts.
burg or from man residing i'm tha
cstv is declared 10 have been made Il
r her by multi-milliOnaire manufacture
n cr Of that city. Mrs. Chadwick. IN dis
n cussing this statement. ii IL known. de
L CARED that she did owe him S50O.00
Il out not $500 COO as had been claimed.
Rival Receivers.
t The question Of the rival receivers
d will be settled tomorrow morning a
d $50 IN the office Of Nathan Loeser
e = no was appointed by the Unite'
e States district court 20 take charge o
d the Chadwick securities. Receiver Her
: cert W Bell. who was appointed b.
Y Judge Babcock of the common plea
+ court. is expected TO call with his al
tofneys upon Receiver LOeser at tina
e hour and withdraw from the position
Mr.. Bell declared this afternoon
u I however. that it was not absolutel
Ctatain that he would remain. - SIM
> - as my attorneys think best he de
CARED but ] presume the matter vi
oe adjusted in the morning.
Receiver I.Oeser is confident that h
viii be left under the direction Of III
court. in charge of such assets as Mr..
/ Chadwick's estate may develops.
I Il am 20 meet Mr.. Bell and his al
| tcneys tomorrow morning. and ] hay
been told that the matter viii be sci
tied amicably. / have no doubt tina
my appointment as receiver wi
= stand.
sr Eaton Is Sorry.
q DR.. Charles A. Eaton, pastor Of Oh
Euclid Baptist church, whose nam
/ has been mentioned I'm the Chadwic
ia case and through whose good offices tn
4 woman managed to receive a nearin
ID from Herbert Newton. of BosH on, o,
III cupied his pulpit as usual today ID
m Eaton made no reference. although
10 had been rumored that he might do s.
l. to the Chadwick affair. he feels keenl
the publicity given his connection vii
the matter and heretofore has refuse
- 70 make any comment.
To a representative Of the Associate
~ Press Dr. Eaton said tonight he coul