The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-05-07
YOUNG AND YERKES
LITIGANTS SETTLE
Nine. Nordica Is Revealed in
Affidavit as Friend Of
the Widow.
AGREEMENT OUT OF COURT
Estate Of Mrs. Yerkes Accepts
S118.OOO-Banker DiscOn.
tinues Suits in Illinois.

How George w. YounG. banker and
husband Of Nine. Nordica. promoted the
claims OF the late Mrs. Mary Adelaide
Yerkes against the estate OF her husband.
Charles T. Yerkes. and financed the
project at the request Of Nine. Nordica.
was told In afiidavits filed in the Supreme
Court yesterday. Before the affidavits
could be considered by Justice Blanchard
the parties to the litigation agreed on
terms of settlement and the action against
Mr.. Young was withdrawn.
After Justice Weeks had signed an
order OF discontinusnce of the action 1t
was learned that the estate Of Mrs Yerkes
had accepted s1is.OOO in settlement Of
all her claims against the estate Of her
husband and against Louis $. Owsley Of
Chicago. the executor who was charged
with mismanaging the estate and wasting
the assets Mr.. Young, who had received
more than 100000 from Mrs. Yerkes
before he died. will get nothing more. and
ne agrees TO discontinue number n
actions pending In Illinois whEh' Were
preventing final settlement of the litiga-
tlon.
The motion before Justice Blanchard
restrain Mr.. Young from continuing the
litigation for Mrs. Yerkes under an In
strument she signed appointing him her
attorney in fact. The executors charged
that Mr.. Young had wasted the fund; Ut
Mrs Yerkess estate and that he formed I
dummy corporation II Name. II which
clerks and employees in his office were
directors. to which he sold securities
owned by Mrs. Yerkes at half their value.
rrhav alap nhtegfaI IN nv
which he was to manage all Mrs. Yerkes's
litigation and get 25 per cent of all he
collected. In defending himself against
the charges of the executors Mr.. Young
said:
81 first became acquainted with Mrs.
Yerkes In April. 1908. My brother John
Alvin Young, president of the Windsor
Trust Company. came and told me he had
promimsed to lend $4,000 to Mrs. Yerkes,
but the trust company trustees wouldn't
approve the loan. He asked me to make II
to relieve him of embarrassment. Mrs.
Yerkes's secretary. Miss Mary Fitzpatrick.
then came and asked for the loan and I
arranged II, at the same time taking a
power Of attorney from Mrs. Yerkes.
''ln the spring of 1909 Miss Fitzpatrick
came to me again and asked me TO help
adjust Mrs. Yerkes's affairs. She said the
Charles T. Yerkes estate was extremely
complicated and that Mrs. Yerkes ~as
greatly embarrassed thereby. | replied
that ! didn't want TO undertake the work
subsequently Mme. Nordica, then my
fiancee, Informed me that she had been
importuned by Miss Tiliinghast, "A we'll
known artist and friend Of Mrs. Yerkes. "a
persuade me to accept the employment.
At the request " Nine. NordIca | Yielded
ard In June, 1903. accepted the employ
ment. ! did this under the condition tina,
I should have free hand and Mrs
! Yerkes gave me an irrevocable power OF
attorney"
The complaint against Mr.. Young al.
legged that he had collected more thar
/ 100000 under his power OF attorney for
Mrs. Yerkes and that he had paid no part
of this sum for counsel fees or expenses IL
the litigation he instituted.