New-York tribune., 1908-01-28
MRS. MARCUSDALY SUES
ACCUSED OF COERCION.
WeIs Fargo Secretary Says She
Made Him Sign Agreements.

Mrs Margaret 2. DAILY. the widow Of Marcus
0alv. the Montana copper and silver man. has
brought action in the Supreme Court against
E5osroer p Parsons. the secretary of Wells.
Farso & Co. and president of the Wells, Fargo
A. Co Bank 10 recover certain sums Of money
which she says, are due her under an agree
--,e-,- executed bv Parsons on October .. 1905
Parsons in h;s answer, asserts that the
agreement was signed by him and delivered TO
lanes W Gerard. Mrs. Dalys son-in-law, now
: Justice Of the Supreme Court who then said
l.e represented Mrs. DAILY. and received from
s,i-, : paper in return. Parsons alleges that the
signing Of the agreement by him was obtained
lV duress on the part of Mrs. Daily and was not
: voluntary act on his part.
Parsons admits that he paid Mrs Daily under
d1J-ess $4,000 on October = 1905. and s1oep
on April =. 1905 He says he has not paid
$4,000 which he was TO pay October D. l9oo
nor has he paid further sum Of s2o,eeo' wnich
became due April ., 1907
For about six wears, he says, he has mace
various investments for Mrs. DAILY in his own
name. among which was a loan 10 George D.
James for 100000 and subsequently suo-
srription for certain stock Of the Eastern Inn
her Corpanv now the Publishers Paper Coiii-
pany-
As part Of the considerations IloNiHe -
the plaintiff" the answer continues /" man
-7-er those
nc defendant procured from the borrowers loi
=. henee+ Of the plaintif bonus or conlnlls-
sion of about $1,000 in money S"''"v"
- ,-s1,,e in bonds and S1S3.ooo par Nalue III
.-ock Of which plaintiff retained SI"''op ~
money $4,000 par value in bonds anu 90,
500 rar value in stock, and paid 10 'iie -
ant for his services and as hohus u 'i
,onsiderstion- -, = - .l
prior 70 October 3 1905, Mrs Daiy. II j. a
hot
lere6. becoming apprehensiVe 'i'at enc -.
s-s.- n substantial loss, through her ATTORNEY
suggested 20 the defendant 'ha'' III
,-i-tsb this anticipated loss, he should repay 10
ln'i-iS - . his commissions as contri-
button. ia ,
T,.,.or. GAYS he told her that he would nave
- -,,;ao,ion 70 so doing If she proved that sne
.,,s+.i,ad auv substantial loss. but thai. as
- o4 fact there was no necessity Tor her
,c,,r-rirsy any such loss because II she allowed
D. Investments 10 remain undisturbed they
,-,-,ra and would be repaid 10 her III full IN the
near future.
BEFORE any one knew, he SAYS "heIhef AlI7-
y,a1,- would sustain any substantial loss she
-a-,sa5 hin, 70 be presented with paper which
sre insisted on his signing and executing ana
-h.s-ered that If he did not do so she would
,7-oc,,re HIS discharge secretary OF the NelIs
fargo Company and as president Of the Wells
r-s-qo Corrpanyss bank He says he complied
Nrs. DAILY alleges that Parsons made certain
fslse representations to her by which she was
s,duced 70 -atify a subscription TO certain STOCK
n -he Eastern Timber Company. which SUD
sc-fr-inr was made by Parsons IN her name
v-hne re was acting as her agent he being also
director in the company
She says she was about 10 institute SUIT
z-sfnst him in the Supreme Court. but set
1ien1ent was arrived at. he entering into an
.rrse-,en+ 10 nav her $4,000. in consideration
: -,.-,, she -eIeased him from all liability 10
l,e- evrenr n reference 10 certain loans made to
Arthur p Cody and Charles z Locke, neither OF
which transactions figures in her suit