Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-11-18
Witness Tells of National
Trust Company Dealings.
CAME ON TO WASHINGTON
After q Talk With Huston, He Says,
Paid Over His $500.
UNABLE TO GET IT BACK
Declares Accused Concern Failed to
Keep Agreement and Would Not
Honor His Draft.

That his fears were allayed and his
suspicious dispelled by the assurances
Of former Treasurer James y. Huston.
whom he met at the office OF the
National Trust Company. so that while
he had come to censure. he went away
satisfied. and later sent the company
$500 as preliminary fee for the guar
anteeing of the stock OF the Cresco
Corset Company. was the purport OF
the testimony given by Harry A.
Wright OF Springfield. Mass.
Mr.. Wright is president OF the Cresco
Corset Company, and was detailing his
experiences with the National Trust
Company on the witness stand today at
the trial before Justice Wright and "A
jury in Criminal Court No. l of James
y. Huston, Harvey NJ. Lewis and
Everett Dufour, charged with con-
spiracy to use the mails to defraud.
Owing to engagements OF members OF
the jury. Justice Wright, at their re-
quest, adjourned the trial at 1890 O'Clock
until Monday morning.
Difficulty Over Trust Company.
Mr.. Wright said that after the National
Trust Company had received his 800 the
company failed to supply the name OF
tIuSb COlIlpdiy " dtl Dc Iustcc Lof SAtC
purpose of holding the stock pending the
sale. After considerable correspondence,
however witness stated the National
Trust Company finally wrote him, ''all
of our clients, up to present time, who
have desired two trust companles-one
for the guaranty and the other for the
trustee--have taken the Enterprise Trust
Company and the National trust COM
pany."
The Enterprise Trust Company. MI
Wright declared, was not satisfactory 10
him because he could not learn from any
OF the commercial agencies It's Iepu.ea
standing. He stated his understandings
was that a company with capital STOCK
of &JO0oOO paid up would be named as
trustee.
Contrary to the promise of the trust
company, witness testified, he wss not put
In touch with brokers who would under
take the gale of his stock. The reason as
signed was, he said. that II would be
useless to attempt to get brokers To
handle the stock before some trust COM
pany had agreed to act as trustee.
witness becoming wholly oissatified
and distrustful, he said, OF the companies.
drew a draft on the National Trust Com.
pany for the $500. which he had paid
them and for which, witness stated, the
company had given him no return. The
draft, he testified. was dishonored ana ne
has never received back his money nor
was any of the stock sold by the Ma
tional trust Company.
Suspicious of Collision.
Late yesterday afternoon witness told
the jury that he saw an advertisement
In paper Of his town. which ne answer
ed. Before receiving a reply to his COM
munication the Mutual Securities Com
pany Of Baltimore, he said. sent him q
letter asking him II he had any stock
for sale.
never heard of. but on the succeeding
day a reply to his answer to the -"
was received.
After much correspondence witness
came to Washington to Investigate the
two companies, because he apprehended
some collision between them.
Wright stated that he first visited the
Offices OF the Mutual Securities Company
In Baltimore, inquiring for Mr.. Dix, whose
name had been signed to the core spond-
ence. blushing young woman. he said,
announced that her name was Dix and
there was no Mr.. Dix. She suggested
that he must want to see Mr.. Dufour, the
manager. who was out.
Coming to Washington, witness saw
Mr.. Huston In the of1ces OF the National
Trust Company. who assured him, wit
ness asserted, there was no connection or
COLLISION between the two concerns.
After protracted conversation with
Mr. Huston, witness said, he was per-
euaded into belief Of the security and
Company. Whereupon. on returning TO
Springfield, he forwarded the 500 pre-
,minary fee asked of him by the COM
pany.