The Detroit times., 1908-05-01

Frank p. Glazier Is mentally and
physically Incompetent to come into
court and stand examination. This is
the report OF Drs. j. 4. Emerson and
Chas. II. Hitchcock, appointed by
Judge Knappen to examine the former
state treasurer In connection with the
bankruptcy proceedings brought
against him personally The alienist's
report was submitted Friday morning.
Glacier, 1t Is stated, is recovering
from pneumonia, but suffers from dia-
betes. He is ''neurasthenic and hys-
terical his will power is diminished;
he Is disposed to exaggerate his symp-
TOMS" say the doctors. They add that.
during the examination he repeatedly
broke down and wept'
On this showing, Judge Knappen
granted a continuance In the motion
to bring Glazier into court to answer
questions as TO his solyency. Ii may
be several months before he will be
called upon to testify.
In the meantime the court has or
dered the assets OF the bankrupt turn
ed over at once to the Security Trust
Co. as receiver. Attorneys Selling
and Oxtoby, for the creditors and re-
ceiver, respectively, announced that
they will bring Harold Glazier, son of
the former Chelsea magnate, into the
bankruptcy court to answer questions
as to the alleged disappearance of as
sets.
Although Glaciers troubles became
public I'm December and the bank
ruptcy petition was fled then, the first
statement of his personal assets was
fr,o do 4. n a.
attorney. II shows a large number Of
important being the B1odGstt~tarxaas
In this city, and the Ann Arbor ONCE
building, both OF which are heavily
nortgaged.
The total list OF assets Is $34S,14
Deducting the mortgages and accept
ing the valuation placed by Harold
Glazier, there remains about 100000
available. The stock of the bankrupt
In the Chelsea Savings bank and the
Glazier Stove Co. Is not listed In the
assets. as those concerns are both in
the hands of receivers and are not
expected to pay anything on their
stock.
Attorney Selling stated that there
are unsecured debts of $425. 1000
against Glazier beside 100000 OF Sc
cured debts and he urged that Judge
Knappen adjudicate Glazier a bank
rupt at this time. Attorney German
for Glazier. objected, saying that 1t
could be proved that GLACIER had not
committed the acts of insolvency al
legged.
Taking their own figures, Glazier
Is hopelessly insolvent," urged Sell
ing.
Judge Knappen decided, however
that he would not go into the merits
OF the case at this time.
In discussing the alleged acts OF
bankruptcy in giving the Chelsea Saw
ings bank mortgages on real estate,
German stated that these mortgages
had been given long before the date
OF record on the order of Banking
Commissioner Zimmerman. He COM
mented harshly on the affidavit OF
Frank c. Longman, bearing Indirect
ly on Glaciers condition, saying that
Longman was known at Ann Arbor as
football player and not as a law
yer.
Once Judge Knappen rebuked Cor
man when the latter, in response to a
query from Attorney Selling as to
what had become of the rents OF the
Glazier properties for the last few
months. replied, Come and find out"
Selling alleged that Glaciers attor-
neys had once admitted insolvency.
but are now fighting It. He used one
law citation In reference to the case
which was drawn from a case I'm
Which the noted Cassie Chadwick was
a figure.
IF this estate Is properly conserved,
II may pay 10 per cent" was Settings
observation after going over the list
of Glaciers assets.