The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1909-12-23
ALLEN TRIES TO
CONCEAL ASSETS
BANK WRECKER ATTEMPTS TO
DISPOSE OF PROPErT WHILE
SUPPOSEDLY DYING.
WlFE'S SISTER ADMITS DEALS.
Declares She Was Unaware That Her
Brother-in- Law Was a Bankrupt
Until Recently.
GIVES MINING STOCK TO WOMAN.

MADISON, Wis, Dec. 2O.-[ Special
While Phil Allen was at his home in
Mineral Point, supposedly sick unto
death, following the bank crash, he was
all the time negotiating to dispose of
property through his relatives.
This latest tangle i'll his nefarious ca
reer as a banker came out in the United
States bankruptcy court this morning,
when his wife and his sister-in-law were
examined before Referee Lewis.
Most of the transactions done with
the intention of outwitting the bankrupt
cy officials were pulled off through his
sister-in-law. Miss Addie Jackson, stem
ographer and bookkeeper of the Redford
Sash and Door company of Chicago, al
though she insisted she did not know
Allen was "A bankrupt until informed last
Friday by her sister, Mrs. Allen.
Has Vault Key.
Upon motion of Attorney Jackman,
representing the Central Wisconsin
Trust company, Judge Lewis ordered
Miss Jackson to turn over the key to the
safety deposit vault in the Illinois Trust
and Savings bank in Chicago so that the
papers, in reality the property of the
government may be examined. Miss
jackson said she would do this.
Allen is too sick to be able to appear
in court Mrs Allen was the first wit
ness. Her testimony had largely to do
with the separation of her stocks from
those of her husband. She told of gifts
IF stock for several years, many of
which are still held in her husbands
aame, although they belong to her.
From his sister-in-law .he story of
Aliens double dealings was wrung by
Attorney Jackman after rigid examina-
lion.
Sends Allen Money.
Miss Jackson was formerly a school
teacher in Mineral Point and went to
Chicago before Aliens marriage to her
sister. She said she sent Allen money
at various times for investments, but
never received receipt or other evil
dence. having implicit confidence in him.
How her money was invested she did
not always know, and she never kept
any track of the amounts
The last sum she sent was for $500 on
January l. 1909. This was invested in
an Oklahoma mortage and in this case,
she received a receipt, but this was an
exception to the general rule. Allen al
ways pleaded lack of time. She admit
ted Allen gave her note for $500
subsequent to the failure of the bank
and that il was dated back. 1t was Sc
cured by a second lien on seventy eight
shares of stock. the first lien for $1,000
was on a bank.
She told of getting a note in October
for $1,000 This note was to cover a
loan. She said Allen gave her "A mort
gage on Thanksgiving day. This was
the day he came TO Madison on his ar
rest.
Denies Wrong Intent.
This mortgage was secured on south
side Chicago real estate. She denied IT
was given her for the purpose of con
cealing assets. Allen had many times,
expressed a desire to make her preferred
in disposng of property.
Another admission was made when
Miss Jackson said Allen had handed
her some certificates of stock in mines
for safekcCpiug for Mrs. Allen.