The Washington times., 1906-10-28
DONALDSON CLAIMS
FULL MEDICATION
Declares Innocence of Con
nectiOn With Aetna Bank
Alleged Fraud.
HOAG ARRESTED IN CHICAGO
District Attorney Baker Says PrOsecu-
tion Will Be Pushed TO
Limit.

Il viii be indicated Mr.. Mccormick.
through his attorney. John Rideout. has
made a written statement generating
me from any connection with the Illinois
/ Security Company except that Of a
mere formal signer of the charter
| Raymond 5. Donaldson, real estate
dealer. who. with e. W. Mccormick and
/ his stenographer, Miss Bertha z. r.
Eretchmann. was Friday arrested on a
charge of conspiracy against the defunct
Aetna Banking and Trust Company.
made this statement 10 a representative
of The Times last night.
According to Mr.. Donaldson. a letter
, which absolutely frees him from sus-
pieion as one OF the conspirators was
drawn up by Attorney Rideout yester-
day and signed by Mr.. Mccormick. The
letter. 1t is said. tells that he signed
charters Of several different companies
for Mr.. Mccormick. but the signing was
merely a matter Of form. He claims to
have never received either stock or
money for his services IN that line. and
that the signature was merely TO swell
the list OF incorporators. Mr.. Donald
son said that In thus signing he was not
made responsible for any liabilities OF
the company or that he was not in the
real sense OF the word connected with it.
VIII Be Arraigned Tomorrow.
Mr.. Donaldson will be arraignsd be-
rore the Police Court Monday morning,
and on advice of his attorney, Mr. WI
hanson. Will demand a hearing He
thinks he VIII be able To establish his
innocent before Justice Mullowny.
Mr.. Mccormick and Miss Kretch-
mann, who We're arraigned before the
court yesterday. waived the hearing.
and were released. Mccormick under
5000 bond. and Miss Lretchmann on
her personal recognizance.
John T. Hoag. cashier OF the de-
fuuet bank, who Is alleged to have
given Mccormick a false certificate of
deposit. by which he made a false at
iidavit TO incorporate. was arrested in
Chicago. Detective Burlingame. OF the
Central office, went To that city yes
terday, and win return with Hoag, and
ne VIII be given a hearing before the
Police Court some day next week.
IL was stated by Mr.. Donaldson that
Mccormick Ieft the city last night for
EAltaArlEil-d " neither the business
that took him there was in connection
with the case against him. he could
not say
District Attorney Baker declined 10
give details relative 10 the business af-
fairs OF Messrs. Mccormick, Donaldson,
and Hoag gained from Miss Kretch-
mann, nor would she say on what sub
jects she was questioned by the District
Attorney.
No Let-Up in Prosecution.
After his interview with Miss Kretch-
mann, Mr.. Baker was asked IL there is
any truth in the rumor afloat that prob
ably the criminal proceedings against
the persons named would be dropped TO
await the result Of any civil proceed
ings which may be Instituted by the re-
Ceiver Of the defunct concern
He stated emphaticaIly there viii be
no lat-up in the prosecution. The matter
as early as possible. and will be sifted
to the bottom.
From what was learned late yester-
day. from a person In a position to
know. the investigation relative To the
Incorporation and organization OF the
Illinois Securities Company. and the af-
fairs or the Aetna Banking and Trust
Company. may extend 10 and involve
others than those already mentioned in
connection with the matter
II is probable there will be no develop
ments in the case until the arrival from
Chicago OF Detective Burlingame with
Mr.. Hoag.