The San Francisco call., 1908-04-29
DFPOSTORS MAY
RECOVER MILLION
]. DaIzeII Brown Will Help Re-
store Hidden Assets of
Broken Bank
spirituaIisn and criminaIity Ex-
planned by Surrender of
Cipher Code

L believe. that the information
which ]. Dalzell Brown VIII give the
district attorneys: office Will lead to
the recovery OF assets for the deposit
tors to the value OF. SF,0Oo,00o."
This statement was made yesterday
by Attorney Hiram Johnson. who has
induced his banker client TO make what
reparation he can 70 the l., 500 de-
positors of the California safe deposit
and trust company. Brown, with tears
yelling to his eyes added details 10
his confession yesterday and gave in
formation which will lead to the re-
-covery at once for the bank of 10000
shares of Western Pacific stock and
+. other securities worth. close to 5000. 600
During the week he will supply fur
fher Information which Will. bring
forth other hidden assets. -.
Brown also turned over to the dis
trict attorneys office the key to- the
cipher code in which the officials Of
the bank corresponded and with it a
mass OF correspondence between HIM
self Barnett and. Treadwell. These
letters are regarded as Of great inn
pertanee. According to Assistant Dis
trict Attorney William Hon Cook. they
furnish Independent proof. of Bart
nett.s criminality and help TO estab-
llsh Treadwelrs guilt,
GUIDED BY sPIRITUALIsM
side light on the banking methods
OF Bartnett is contained in this corre-
spondence. He. frequently wrote that
the power of spiritualism had guided
him in making certain. Investments.
So formidable a part did spirftualism
play IN the management of the insti-
triton that a code word was provided
70. cover the expression THE power of
spirftualism.' This word was palm
and in the letters of Bartnett appear
frequently such expressions as Palm
directed me to do it, or Palm. has
helped us over tllis crisis
Among the properties turned over
yesterda BY Brown Were stocks and
bonds which he had retained in: his
personal possession and of which there
was. no record in the books. The. value
Of these securities was Xariously- esti:
? mated from s3e.o00 TO $50, 0O0.. They
Included I.0eQ shares. OF stock of; the
.Eldorado lumber company and bonds
and stocks of other industrial corpora
tions =. =. !:
AT the same tin4e Brown gave in
formation which. II is stated, VIII lead
to the recovery of 10 GEO shares of
Western Pacific stock which he charges
have been .secreted by, the -Bartnett-
TreadWeH interests This stock has a
par va Tue OF ; leo a. share. tt was
listed Al the bark at ss5 share and
BY the appraisers Of the hanks props
a5ty at sI2. a share. It's value VIII be
greatly enhanced with the. completion
Of the Western Pacific railway 1t
may require a suit to obtain the. stock,
but the district attorneys Office: ex~
poets small trouble in: securing: 1t.
QUESTIONED ABOUT BANk -: :
Brown was il. conferences for, several
hours yesterday in the OFFICE of At
torney: johnson in the Mills building
with Assistant District Attorney Cook
and E. J.: LIE Breton. receiver of the
bank. LIE Breton questioned Brown
closely in regard to- the management
and conduct Of the industrial enter
prises which the bank controlled.
Brown pointed oHt that Treadwen had
arranged matters SO as to give him.
self. personal control Of the Tesla coal
company. He Indicated how this prop
erty could be obtained. by the receiver
for the depesitors; He also showed
how BY leasing part of the coal lands
to the Carnegie brick and pottery com
p pany Treadx7ell had sought to retain
that property.
LIE. Breton viii: confer. with Brown
again today He declined to express
an opinion Yesterday stating that. he
preferred to wait until Brown had
completed his statement LIE Breton
said that the Eldorado. lumber com