The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1908-06-03
.TARsNEY DEFENDS
INVESTMENT Of
TRUST FUNDS
SAYS ELECTRIC LINE WILL SOON
BE PAYING RoPoslTloN-AO
vANcEp HupE MONEY TO SAVE
HIM FROM TROUBLE.

stand In Judge Lockwoods court, sew
eral hours Wednesday. telling his Side
of the story in the case started by
Marcel L. Hude 10 GUST Mr.. Tarsney
as trustee OF the estate left by the
plaintiffs mother. Mrs. Hude-Vier. IN
trust for ner son.
Mr. Tarsney defended his action In
investing s27 800 OF the trust funds IN
the Flint K Saginaw electric railroad,
and declared that the company would
soon be rid OF the litigation which has
hampered II heretofore. and that II
would become paying property.
Mr. Tarsney told of his acquaint-
ance with Mrs. HudeVier. and Of her
wishes regarding the handling Of the
estate she left for her son, Marcel.
Was there any question AS 10 the
sons mental condition." he was ask
ed.
No. his mother simply regarded
him as prone TO wildness."
Ever do anything for the son be-
fore his mother died?'
Yes. | got him AN appointment In
the navy. and later obtained posi-
ton for him in the corporation coun-
sells Office
why did he leave the Office"
He was doing some things that
were of color, and told him that II
he. continued he needn't come back.
Evidently his misdeeds were repeated,
as he didn't return. He wasn't dis
charged. but Il amounted TO that"
Mr.. Tarsney was questioned at length
regarding the advances made TO the
h. lv,is cd lott ~
over $4,000 Most OF these advances
were made, he said 10 save the young
man from prosecution
WAS any objection ever made to
the advances"
Yes. Mr.. Hude himself objected to
the probate court, but afterwards with
drew the objection without any CO.
ercion on my part, and then the ad-
vances ceased
do you think now that It was wise
to make those advances
1T was not only wise, but necessary
to save him from trouble"
The greater part Of the morning
was devoted to the railway project
Mr.. Tarsney told with some show OF
feeling OF, the troubles he became In
yolyed In as q result OF his investment.
friendship between him and Timothy
Eester
A railroad project was first men,
toned by Mr.. hester. the witness said
hester suggested q road from some
point on the Michigan Central rail-
road down into Indiana. Mr.. Tarsney
then mentioned the territory between
Saginaw and Flint. then uncovered by
q road.
From what have learned of cleo
trio roads and from what. know or
the territory, believe It one OF the
best prospects In the country, the
witness declared.
Have you made a study OF electric
roads Of recent years." Mr.. Tarsney
was asked.
II have had the knowledge forced
upon me- he answered, and every
body smiled.
Mr.. Tarsney then told of the ar
raneements under which he became
associated with the Nesters, father
and son.. Mr.. Sullivan and Mr.. Rus
sell. He invested out OF his private
funds over $4,000, Mr.. Sullivan about
$4,000, but the others failed to pro-
duce more than few thousand dol
lars. He said the plan was to build
the road to Frankenmuth. and then
cell bonds enough to complete the
line to Flint.
Mr.. rarsney told of the shock he
experienced when he learned that his
friend, Timothy Nester. had pooled his
interests with the other men interest
ed. with the exception Of Mr.. Sullivan,
and had deprived him OF any control
of affairs. He said that the elder
Nester spent Sunday with him In De-
troit. They appeared to be on the
best of terms, and he was almost
stunned when he was told a few days
later Of the movement to freeze him
out =
Il couldn't realize that man like
Nester would do that" said Tarsney.
I'VE had been more than friends,
/. really. There was no man In Michi.
gan | thought as much Of, and I would
not believe that he had turned against
me-"
After that you were deprived Of all
voice In the company's affairs?"
NO. had plenty OF voice left and
!. used II, but without effect" The min
utes win show that Mr.. Sullivan and |
were always on one side and the other
three opposed to US. There were not
split votes" 80
The road will be sold on June IS.
and Mr.. Tarsney said II was the In
tention of himself and Mr.. Sullivan to
be on hand to protect the property.
There will be no slaughter or bar
gain sale. and anyone looking for that
will he badlv fooled ,fhe said