The Washington herald., 1907-05-18
PREPARE EDDY REPLY
Hearing of Noted Suit Is Set
for Next Monday.
TRUSTEES FILE AFFIDAVITS
Bank Treasurer Ladd Declares that
Head of Church Attends 10 Finan-
cial Matters Personally and That
She Voluntarily Signed Papers Es-
tRblishing the Trusteeship.

Concord, y. H., May 1.-THE first hear
ing in the interesting equity suit, Eddy
VS.. Frye. involving the question as %
whether Mary Baker Eddys trustees,
Archibald Mcclellan. Henry NJ Baker. and
Josiah +. Fernald shall be substituted
for the plaintiffs. George w. Glover and
others named in the original bill. is 10
be held before the Superior Court in this
city next Monday, May 90
Interest in the case is growing daily,
| as various new papers are constantly be
Ing flied with the court in preparation for
| the hearing. For several weeks there has
/ been "othing Of interest from the defense.
| but to-day in the Superior Court, Gen.
/ Frank 5. Streeter, chief counsel for the
Eddy trustees, filed two afldavits which
/ are Of Importance
One of the affdavIts is signed by Har-
/ vey S Chase, member of a Boston firm
/ Of expert accountants. He says in his
! statement that his firm was engaged by
| the newly appointed Eddy trustees 10 ex-
/ anime into and report upon the general
| conduct Of Mrs. Eddys business affairs.
/ The report states that. barring minor er-
/ rors the accounts have been properly
| kept by Calvin A. FRYE, Mrs. Eddys
secretary, and that all moneys have been
! properly accounted for by him.
The second affidavit is signed by Fred
/ y. Ladd, of this city, treasurer of the
/ Loan and Trust Savings Bank. and for
/ many years auditor Of Mrs Eddy's ac-
| counts and financial adviser for quite a
period of years.
signed Cheeks Herself.
Mr.. Ladd states that for seven years
/ prior 70 1898, when he became auditor of
Mrs. Eddy's affairs, he has every reason
/ to know and believe that all checks were
signed by Mrs. Eddy personally. He says.
further from the time l began to audit
Mrs. Eddy's accounts. which was in
March. 1,9S. to October S. 1906. the date of
my last audit. / know that all checks and
orders ON her bank accounts were signed /
by Mrs. Eddy, personally, and by nobody /.
else"
Mr.. Ladd says in his last report to Mrs .
Eddy: Il have the honor to report To- you
my findings in reference % auditing Mr. .
Frye's accounts. and 1 hereby certify that
he has accounted for an money received .
and has proper vouchers for money OK
pended This audit covers the period /.
from October Il, 1895, 20 October s. 1906" I.
The interesting conclusion of Mr. I.add's /.
very exhaustive statement is, iu part. as
follows.
on March g. 1897, / was present ar the /
execution of the trust deed by Mrs Eddy
90 Mr.. Baker, Mr. Mcclellan and Mr. Fer
nald There were also present the three
/ trustees. Mr.. Streeter and Mr. Frye We I
all went into Mrs. Eddys room at the /
same time. / understood she had re- [
quested ME 10 be present. There were
two originals Mrs. Eddy greeted us all /
most cordially and invited Us 20 be seated /
There was some general talk. and then
Mr.. St-eeter handed 20 Mrs Eddy one
OF two duplicates Of the trust deed and
handed the other 10 Mr.. Baker
AS l Tecollect, Mrs Eddy said. Shall /
read this2 and Nr Streeter suggested .
that she do so. Mrs Eddy then said.
Shall I read it out loudg and Mr..
Sreeter said he thought she would bet
ter She then proceeded 10 read the deed
aloud. word for word. from beginning 90
the end, and her manner of reading
showed that she thoroughly understood
all its provisions.
Executes the Order.
Mrs Eddy executed an order. a COPY
Of which Is as follows. Pleasant View.
Concord, y. H.. March 6. 1891 7 hereby
appoint Fred y. Ladd. my attorney. 20
take all papers and al the contents of my
safe boxes at the First National Bank.
in Concord. y. H., and transfer them to
the trustees that have to-day selected.
namely. Hon. Henry ". Baker. Of Bow.
y H; Archibald Mcclellan, Of Boston.
Mass, and Josiah E. Fernald. Of Concord.
y H. MARY BAKER G.. EDDY,
Mr.. Frye turned over the books and
papers to the trustees and they were
brought down 90 the National State Capi-
tai Bank on our return from Pleasant
View. I took the order signed by Mrs
Eddy and went almost directly 70 the
vaults In the First National Bank Mr.
Baker. Mr. Mcclellan, Mr. Fernald. and
Mr StTeeter also came.
The box was delivered to the trustees
by me, and the three trustees examined
the securities As the bonds were ex-
amined and called off by Mr. Baker ana
Mr., Mcclellan Mr Fernald checked from
the bond books and also checked from q
memoranda or register, showing the name
and amount Of the bonds and the month
when the coupons became due
Bonds Delivered To Him.
"The bonds in the box. as they were
called, exactly correspondent with the
bond books which were checked by AIr.
Fernald, and also with the list in the
register, checked be me. The total par
value Of the bonds then delivered to the
trustees on the afternoon Of March 6.
1907, was $7SS.71O. There was also then
turned over TO the trustees a promissory
note on which there was due $4,000. and
some unpaid interest and at about the
same time. there were also delivered
three savings bank books on which was
due $S6l46t
From my knowledge Of Mrs. Eddv's
actual income and disbursements during
said fourteen years. and my examination
of her books and accounts, showing the :
same. and the list of her securities ex-
amiued by me from time 10 time. | can
confidently state that no moneys or saclIr-
tiles have been wrongfully misappro.
priated or diverted from Mrs Eddy's
property by Calvin A. FRYE Alfred Far
low Irving c. TOmlinson. Ira O. Knapp. /
William y. Johnson, Stephen A. Chase.
Joseph Armstrong, Edward A. Kimbaii.
Hermann s. Herring Lewis c Strana or /