The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-04-26

last before his marriage was a musi-
Gale at which Signor Caruso sang. Mt.
Smith also acquired an estate in Scot
land, where he was in the habit OF
spending the summer months. 1t vas
at this time that Mr.. Smith became
acquainted with Mr.. and Mrs. william
Rhinelander Stewart. He and Mr..
Stewart had been business friends for
some years, but 1t was not Until he had
become a figure in society hat Mr..
Smith became a frequent visitor at
the Stewart home. Gossip soon on
nected the names OF Mr.. Smith and
Mrs. Stewart. This grew much strong
err when it became known hat the
present Mrs. Smith, accompanied by
her daughter, had gone to South Da-
kota for the purpose Of securing a d.
vorce from william Rhinelander Stew
art.
Mrs. Stewart was born Annie ARM
strong, daughter of John A. Armstrong
of Baltimore. Her sister is the wife Of
Anthony j. Drexel of Philadelphia. She
married Mr.. Stewart in 1879. Both
were prominent in society, although
Mrs. Stewart cared much more for Its
pleasures thar did her husband, who
was at one time president of h State
Board Of Charities. Mrs. Stewart pur-
chased a cottage in Sioux Falls when
a decree in her favor was filed on
August "a, 1906. BY its terms she re
tanned the guardianship OF her daugh-
ter, Anita Stewart, while the only
other child, a son, William Rhinelan-
der Stewart, remained with his father.
Mrs. Stewart and Mr.. Smith were
married on September Is at Newton
mere in Scotland, the residence of An
thony J. Drexel. Guests at the we'd
ding were the Duke Of Manchester,
Brinsley Fitzgerald, Lady George
/ Cooper, only sister of Mr.. Smith; Jack
Purdy and Mr.. and Mrs. Drexel with
their children. The ceremony was per-
formed by the Rev. James Anderson,
minister of the parish church at Alvie,
Of which Mr.. Smith la been a men,
Der. At the time of his marriage II
was said tina Mr.. Smith would in the
future make his headquarters in Lon
don, returning to this city only for oc-
c~asional visits. They had not been in
New York since their marriage.
Mr.. Smith built a wing TO st. Luke's
Hospital in Chicago for which he paid
$500, 900 as a memorial to his uncle. In
1892 he bought a Holy Family OF
Rubens for $50, 900 and presented It to
the Metropolitan Museum of Art.
Wall street places Mr.. Smiths for
tune at between $50 900. 900 and s55,OoO.-
900. Practically all of it is invested
in such a way that there will be no
| danger of any large blocks of securities
being thrown on the market in the
settlement of the estate. The bulk of
Mr.. Smiths money is invested in secu-
rites of such a high order that there
will be no desire On the part either OF
the executors or his heirs TO get rid
of them.
While Mr.. Smith maintained an office
in Wall street he traded in the
market. All his buying, it was said
Yesterday, was for investment pur-
noses. Mr.. Smith was one OF the larg-
est holders of the preferred stock OF
| the Chicago, Milwaukee and st. Paul
Railroad. Wall street has always be-
lieved thai it was Mr.. Smith who pre-
vented James J.. Hill from securing
control of the St. Paul when he was
seeking a Chicago connection for his
| Great Northern and Northern Pacific
systems. At that time Mr.. smith was
credited with owning s10,0Oo,0oO OF the
roads stock and was said to be the
! largest shareholder. His holdings on
trol1ed the balance Of power and Mr.
Hill. it was said at the time, went al
ter it. offering a big price. Mr.. smith
so the story went, was indifferent
| about selling at any price, but placed
a value of $3.50 a share on his STOCK
Other holders also named prohioltlVe
nrices and the attempted deal Eel
through. Later, when Mr.. Hill got ms
desired entrance into Chicago over the
Burlington he had to pay $500 a share
for the stock.
Mr.. Smith at the time Of his lei
was still a big s~tockholder in st. Paul
It was reported shortly after the sar
Francisco earthquake that he was clos
ing out his st. Paul holdings, but Il
was learned yesterday that what h
really did was to sell his common
stock and invest the proceeds In pre-
ferred, which was selling at a very Low