17384. Wade Park Bank (Cleveland, OH)

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: November 29, 1904
Location: Cleveland, Ohio (41.499, -81.695)

Metadata

Model: gpt-5-mini
Short Digest: c7b85a93

Response Measures

Partial suspension

Other: Bank was ultimately sold to Cleveland Trust Company (takeover) after receivership of securities; receiver also took charge of securities earlier.

Description

Newspaper accounts (Nov 29–Dec 21, 1904) describe a run/steady withdrawals after the Cassie Chadwick revelations. Bank officials posted notice invoking the 60-day withdrawal rule (suspension/limited payments). A receiver later took charge of securities and the stockholders consented to sale of the institution to the Cleveland Trust Company (Dec 21, 1904). Cause of run/suspension stems from bank-specific adverse information related to the Chadwick collateral scandal and the related failure of the Oberlin bank.

Events (4)

1. November 29, 1904 Run

Cause: Bank Specific Adverse Info
Cause Details: Sensational revelations about Cassie Chadwick's allegedly worthless securities held at/associated with the Wade Park Bank and related failure at Oberlin triggered heavy withdrawals.
Measures: Bank posted notice invoking the sixty-day rule requiring 60 days' notice for withdrawals (deferred/withheld payments).
Newspaper Excerpt: there was a run on the Wade Park Bank, an institution which is said to hold securities placed by Mrs. Chadwick.
Source: newspapers

2. November 29, 1904 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Officials invoked the 60-day notice in response to steady withdrawals following publicity about Chadwick-related securities and related bank runs regionally (Oberlin).
Newspaper Excerpt: the officials determined to enforce the sixty days' notice of withdrawal rule, and a card to that effect was posted in the bank this afternoon.
Source: newspapers

3. December 13, 1904 Receivership

Newspaper Excerpt: Herbert W. Bell, who as receiver for the common pleas court, took charge of the securities deposited with the Wade Park bank, declared today that he had found them to approximate $28,000,000.
Source: newspapers

4. December 21, 1904 Other

Newspaper Excerpt: As the result of the position in which the Wade Park Bank has been placed ... the stockholders consented to-day to the sale of the institution to the Cleveland Trust Company.
Source: newspapers

Newspaper Articles (24)

1. November 29, 1904 New-York Tribune New York, NY

Article from New-York Tribune, November 29, 1904

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HAS NOCHADWICK JEWELS Cleveland Banker Doubts Existence of Alleged $500,000 Note. Cleveland, Nov. 28.-Herbert B. Newton, of Brookline, Mass., who recently sued Mrs. Cassie Chadwick for over $190,000, which he loaned her on notes, filed a motion in the Common Pleas court to-day, asking for the appointment of a receiver of the alleged securities belonging to Mrs. Chadwick, said to be in custody of Iri Reynolds at the Wade Park Bank. The court issued subprenas for both Mrs. Chadwick and Irl Reynolds, secretary and treasurer of the Wade Park Banking Company. Reynolds is ordered to bring into court tomorrow morning all certificates and securities he may hold belonging to Mrs. Chadwick. Mrs. Chadwick is commanded to bring into court a full list of all securities she may have, and also any securities themselves that may be in her possession, or, if the same are not in her possession, certified copies of them, being the securities alleged to have been shown to Newton. Mr. Reynolds declared to-day that he did not know whose name was signed to the alleged note for $500,000, payable to Mrs. Chadwick; that he was not holding any such note among the securities in his possession belonging to Mrs. Chadwick, and that he did not even know of any such note being in existence. He said he did not believe there was such a note, and said there were no diamonds or other jewels in his possession among the securities he holds for Mrs. Chadwick. Mrs. Cassie Chadwick left the Holland House last Saturday night with all her belongings, and her movements since have not been traced. There was a rumor that she had gone from the Holland House to the Hotel Savoy, but at that house this was denied. Herbert D. Newton was reported to have left Cleveland to confer with Mrs. Chadwick, but it was said at the Savoy that he had not been there. Both Mrs. Chadwick and Newton are known at the Hotel Savoy, having stayed there at various times. For the last six months Mrs. Chadwick has lived at the Holland House, sometimes accompanied by her husband and sometimes by her son and daughter.

2. November 29, 1904 The Salt Lake Herald Salt Lake City, UT

Article from The Salt Lake Herald, November 29, 1904

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RECEIVER ASKED. Mr. Newton Would Like a Look at the Securities, Cleveland, O., Nov. 28.-Herbert B. Newton, the Brookline, Mass., capitalist who recently sued Mrs. Cassie Chadwick for over $190,000 which he loaned her on notes, filed a motion in the common pleas court today asking for the appointment of a receiver of the alleged securities belonging to Mrs. Chadwick, said to be in custody of Ira Reynolds at the Wade Park bank. The court issued subpoenas for both Mrs. Chadwick and Ira Reynolds, secretary and treasurer of the Wade Park Banking company. Reynolds is ordered to bring into court tomorrow morning all certificates and securities he may hold belonging to Mrs. Chadwick. Mrs. Chadwick is commanded to bring into court a full list of all securities she may have and also any securities themselves that may be in her possession. Mr. Reynolds today denied any knowledge of the alleged note for $500,000, payable to Mrs. Chadwick. and said there were no diamonds or other jewels in his possession among the securities he holds of Mrs. Chadwick. President C. T. Beckwith said tonight that he personally has assisted in loaning Mrs. Cassie L. Chadwick $102,000. Concerning the condition of the bank, Vice President M. M. Squire said: "It is only a hope/that we will secure assistance from New York." President Beckwith said that there were two checks in the bank as security for what had been loaned to Mrs. Chadwick. One check is for $500,000 and the other for $250,000.

3. November 30, 1904 Evening Times-Republican Marshalltown, IA

Article from Evening Times-Republican, November 30, 1904

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SHE WILL MAKE GOOD. Cleveland Business Men Believe Mrs. Chadwick Will Settle Claims. Cleveland, Nov. 30. - While there are no sensational developments, in connection with the Chadwick case here today, the matter continued to be the all-absorbing topic of discussion in business circles. There are many bankers, and business men, who have had extensive dealings with Mrs. Chadwick, who express a strong belief that she will make good all the claims against her. A prominent business man declared today that he had at one time seen bonds and other securities in the possession of Mrs. Chadwick to the value of not less than a million dollars. It develops that Mrs. Chadwick has been most liberal in her gifts to charitable institutions, many of them having received large sums from her. As a result of the notice issued by the officials of the Wade Park Banking Company, in which they declare their purpose to take advantage of the sixty day law covering deposits, there was no run on that institution today as a

4. November 30, 1904 The San Francisco Call San Francisco, CA

Article from The San Francisco Call, November 30, 1904

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developments in the case of Mrs. Cassie Chadwick followed in rapid succession to-day. George E. Ryall, local counsel for Herbert B. Newton, who has brought suit against Mrs. Chadwick, said his client had told him of having been shown a note for $500,000 by Mrs. Chadwick, to which the name of Andrew Carnegie was signed. Carnegie denied that he had ever seen Mrs. Chadwick or had any business dealing with her. At Oberlin, Ohio, it was learned that Mrs. Chadwick had obtained loans amounting to $240,000 from the Citizens' National Bank and $102,000 from the bank's president personally. The Carnegie note is believed to have been deposited in this bank. In Cleveland there was a "run" on the Wade Park Bank, an institution which is said to hold securities placed by Mrs. Chadwick. A Boston dispatch says that the securities given by Mrs. Cassie Chadwick for $190,800. loaned to her by Newton, are really worthless, but for reasons which they will not discuss for publication Newton and his attorney believe a settlement will be made before the hearing in Cleveland next Thursday. EXPECT CARNEGIE TO PAY. The presence of Andrew Carnegie's signature to the $500,000 note, it is said, makes Attornev Carver and Mr. Newton believe that there will be a prompt settlement. It is even intimated that the settlement will be made in spite of any proof that Carnegie's signature was forged. Attorney Carver said tonight: "In Mr. Newton's bill of complaint, which has been filed in the suit against Mrs. Chadwick, Newton alleges that as an inducement for him to lend Mrs. Chadwick $190,800, Mrs. Chadwick showed him a note for $500,000, which was signed by a man whom Mr. Newton believed to be fully responsible as one who could stand behind such a loan as was required. I prefer not to state what name was signed to the note, but you can say that we do not contradict the statement that the note bore the signature of Andrew Carnegie." Carver stated in conclusion that Carnegie's repudiation of the note for $500,000 was not at all expected. CONFERENCE OF CREDITORS. A meeting of Mrs. Chadwick's creditors was held here to-day and was présided over by George E. Ryall, the New York attorney for Herbert Newton of Brookline, Mass., who is suing Mrs. Chadwick for the recovery of $190,800 lent her on notes. Ryall today issued the following statement: "There was a conference at my office at which there were present Mr. Newton, Mr. Carver of Boston, Judge John Albaugh of Canton, of counsel for Mrs. Chadwick, and myself. On behalf of Mrs. Chadwick, Judge Albaugh requested that the receivership proceedings be put off until Thursday, at which time he will have her affairs in some kind of shape. This was agreed to and Mr. Newton and Mr. Carver went back to Boston on a late train. Mr. Newton said that he had seen a note for $500,000 which was given by Mrs. Chadwick as collateral for a loan from the Citizens' National Bank of Oberlin, O., which failed yesterday. My client told me that this note carried the signature 'Andrew Carnegie.' This will have to come out sooner or later, so I shall tell it now. MR. CARNEGIE'S DENIAL. The following statement was made by Carnegie's secretary: Mr. Carnegie read this report and pronounced it absurd. Mr. Carnegie does not know the woman at all." Subsequently Ryall said the receivership proceedings in the Chadwick case in Cleveland were postponed to enable Mrs. Chadwick to make a settlement of Newton's claim. "It was the understanding last night," said Ryall, "that Mrs. Chadwick would settle a large part of-Newton's claim in cash and give security for the balance." Ryall did not know that Mrs. Chadwick had secured the funds necessary. Ryall was asked to-day if it might be possible that the name "Andrew Carnegie" had been forged, and replied: 'If that is so, less than forty-eight hours will elapse before some one is under arrest." HEARING IS CONTINUED.

5. November 30, 1904 The San Francisco Call San Francisco, CA

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rounding towns on a big scale. Leading bankers have said that they have frequently loaned Mrs. Chadwick from $25,000 to $100,000 on notes indorsed by wealthy persons. The notes, however, it is said, usually have been paid promptly when due. MAY EFFECT A SETTLEMENT. Ira Reynolds, secretary and treasurer of the Wade Park Banking Company, refuses to make any statement concerning the notes given by Mrs. Chadwick to his bank as collateral and which are also reported to bear the indorsement of Andrew Carnegie. There is said to be a possibility that the motion for the appointment of a receiver to take charge of the securities, amounting to $5,000,000, held in trust by Ira Reynolds for Mrs. Chadwick will not come to an argument. It was said by one of the attorneys for Mrs. Chadwick to-day that a continuance was asked for in view of the negotiations for a settlement. There is every evidence, the attorneys say, that the affair will be adjusted and that the appointment of a receiver will not be necessary. "Is Mrs. Chadwick really Lydia Devere, the ex-convict?" is now the question that is agitating Cleveland. Circumstances would indicate that Mrs. Cassie Chadwick was formerly Elizabeth Bigley of Woodstock, Ont., and this same Elizabeth Bigley and Mme. Devere, who served a term in an Ohio prison are believed to be the same person. OBERLIN, Ohio, Nov. 29.-It is stated here to-day on what is believed to be reliable auf ority that the amount lent to Mrs. €. L.Chanwick by the Citizens' National Bank of Oberlin, which failed yesterday, was $240,000. This is said to be exclusive of the $102,000 lent by President Beckwith and Cashier Spear personally to Mrs. Chadwick. A meeting of the directors of the failed Citizens' Bank was held tonight. Director J. R. Randolph made the startling announcement that the signature on the collateral notes for $500,000 and $250,000 on which Mrs. Chadwick was loaned money was not worth a dollar. He said he had seen the notes and they were not signed by Andrew Carnegie; that such a story was ridiculous. In his opinion, Randolph said, the signature did not add a dollar to the value of the paper.

6. November 30, 1904 New-York Tribune New York, NY

Article from New-York Tribune, November 30, 1904

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NO CHADWICK HEARING. Heavy Withdrawal of Deposits from Cleveland Bank Involved. Cleveland, Nov. 29.-Arthur A. Stearns, representing Mr. Newton, of Brookline, Mass., in the case against Mrs. Chadwick left here for New-York this evening to attend a council with Mrs. Chadwick's attorneys Thursda, morning at 10:30 o'clock. There was such a steady withdrawal of deposits from the Wade Park Bank to-day that the officials determined to enforce the sixty days' notice of withdrawal rule, and a card to that effect was posted in the bank this afternoon. it was stated here that the amount loaned to Mrs. C. L. Chadwick by the Citizens National Bank of Oberlin, which tailed yesterday, is $240,000. This IS said to be exclusive of the $102,000 loaned by President Beckwith and Cashier Spear personally to Mrs. Chadwick. At court to-day it was announced that the hearing of Mrs. Chadwick had been postponed until Thursday at 9:30 a. m. by consent of the attorneys representing both sides. Mrs. Chadwick was not in court. She was represented by John H. Clarke, of this city, as counsel, while Mr. Newton was represented by the local law firm of Carr, Stearns & Chamberlain. Developments to-day indicate that Mrs. Chadwick has for a long time done business with many of the banks of Cieveland and also those of surrounding towns on a big scale. Leading bankers have stated that they have frequently loaned Mrs. Chadwick from $25,000 to $100,000 on notes indorsed by wealthy persons. These notes have, it is said, usually been paid promptly when due. There is said to be a possibility that the motion for the appointment of a receiver to take charge of the securities amounting to $5,000,000 said to be held in trust by Iri Reynolds for Mrs. Chadwick will not come to argument.

7. November 30, 1904 Deseret Evening News Salt Lake City, UT

Article from Deseret Evening News, November 30, 1904

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other conference with Mrs. Chadwick before the day is out at which it is expected that a working agreement for a settlement will be decided." Edward W. Powers of counsel for Mrs. Chadwick said today that many of the claims against Mrs. Chadwick will never be recognized in a legal court. Just how many claims there are I do not know," said Mr. Powers. "Will the claims aggregate $1,000,000," was asked. Mr. Powers paused for a considerable time before replying and then said: "Well, approximately; you can put It at that sum. For all I know there may be claims for $20,000,000 against her, but all legal claims will be met, as she is an honest woman." "Has she enough money to meet the claims of $1,000,000.7" "Yes, more than enough," was the re. ply. "How about the intimation that some people are trying to blackmail Mrs. Chadwick?" was asked. "As far as I know there is nothing In the blackmailing line, but there are some people who are presenting claims against Mrs. Chadwick who have no le. gal right to do so." Mr. Powers said he was not ready to give out a list of the creditors or to reveal their names He said that he WGB not in a position to state whether any one had endorsed notes on collateral for Mrs. Chadwick "It was the greatest kind of an outrage," said Mr. Powers, "to intimate that there was any connection between Mrs. Chadwick and Madame de Vere. Nobody now believes it." SHE HAS NOT SUICIDED Cleveland, Ohio. Nov. 30.-Mrs. C.L. Chadwick wired the Evening News and Herald as follows from New York today: Please deny reported suicide and further say I have no intention of committing any such act. "C. L. CHADWICK While there were no sensational developmenta in connection with the Chadwick case here today the matter continued to be the all-absorbing topic of discussion There are many bankers and business men In the city having had extensive dealings with Mrs. Chadwick who express the strong belief that she will make good all the claims against her. A prominent man who desires that his name be not used declared today that he had at one time seen bonds and other securities in the possession of Mrs. Chadwick to the value of not less than $1,000,000. It develops that Mrs. Chadwick has been most liberal In her gifts to charitable Institutions, many of them having received large sums from her. As a result of the notice issued by the officials of the Wade Park Banking company, in which they declare their purpose to take advantage of the 60day law covering deposits there was no run on that institution today as a result of the connection of the bank with the Chadwick affair. Conservathe tive bankers declare company to be in first-class condition and fully able to take care of all claims.

8. December 1, 1904 The Birmingham Age-Herald Birmingham, AL

Article from The Birmingham Age-Herald, December 1, 1904

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Mrs. Chadwick makes Denial. Cleveland, November 30.-Mrs. C. L. Chadwick wired the Evening News and Herald of this city from New York today as follows: "Please deny reported suicide, and further say I have no intention of committing any such act. "MRS. C. L. CHADWICK." A prominent business man who desires that his name not be used in connection with the case, declared today that he had one time seen bonds and other securities in the possession of Mrs. Chadwick to the value of not less than $1.000,000. It develops that Mrs. Chadwick has been most liberal in her gifts to charitable institutions, many of them having received large sums from her. As a result of the notice issued by the officials of the Wade Park Banking company, in which they declare their purpose to take advantage of the sixty-day law covering deposits, there was no run on that institution as a result of the connection of the bank with the Chadwick affair. Conservative bankers declare the Wade Park Banking company to be in first-class condition and fully able to take care of all obligations.

9. December 1, 1904 Rock Island Argus Rock Island, IL

Article from Rock Island Argus, December 1, 1904

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MRS. CHADWICK DEEPLY WRONGED Attorneys for Cleveland Woman Promise Statement From Her Clearing All IDENTITY TO BE MADE PLAIN Leaves New York for Cleveland on Business Connected With Case. New York, Dec. 1.-Mrs. Chadwick today left the hotel where she has been stopping. It was reported she intended to leave for Cleveland today. New York, Dec. 1.-Mrs. Cassie Chadwick, whose financial operations have caused the Citizens' National bank of Oberlin, O., to close and the Wade Park Banking company of Cleveland to announce that it will require 60 days' notice of intended withdrawals, left her rooms at the Holland house yesterday and went downtown and drew her cash balance from the National Bank of Commerce. It was about $150. Will Make Statement. Mrs. Chadwick's lawyers said she would make a statement through them in a day or so, revealing who she was before she became Mrs. Chadwick, how she came by the fortune of $5. 000,000. which she says she tied up in the hands of Iri Reynolds of Cleveland. They say it will come out that she has been made the victim of a cruel mistake in identity and suffered as a consequence. Hearing Postponed. Cleveland, Dec. 1.-Hearing in the receivership case against Mrs. Chacwick was today postponed until SatSurday. It is understood the claim will be settled out of court.

10. December 3, 1904 The Topeka State Journal Topeka, KS

Article from The Topeka State Journal, December 3, 1904

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SETTLE OUT OF COURT Cleveland. Chadwick Case Is Again Postponed suit Cleveland, Herbert O., Dec. D. 3.-The Newton, Mrs. Cassie by of Chadwick today. and brought Brooklyne, by Mass., was again against The continued attorneys Mrs. in court for a week. Chadwick Judge L. representine Babcock Mr. Newton over and requested Mr. the hearing go representing A. F. said the entire of court. Newton, settled 3. out that be Mr. doubtless Stearns, Dec. matter Complications the strange would of New York, multiply in Chadwick, of Mrs. to Cassie woman L. whose gled case Cleveland, financial O., affairs in the the have past of publicity week. From was suit into notoriety the light the the moment in her direction the continue. Brooklyne, brought tan- her D. sought added one to the loans turned Mass., of Herbert man aggregating who Newton, nearly or to more $200,000, recover taken case. new sensationale day has features practically the Now, and with her hands through in a out pointment of yesterday, her of a receiver it seems in the that affair the a same can court every mystery At Cleveland solu- aption of the long deferred. to be persistently rife. be rumor continues of reports are an of the in time busy not One and all sorts whatever stories was personal have that claim prop- this atMrs. on Chadwick to may aressmaker. secure a erty city was Park Banking held by on a the Wade Cleveland, for check company, tachment threatened of fashionable in part protest, payment $1,000, A it had been had given gone to was the when of said, and once by filing which was account at claim this began arrange- learned were said an the creditor to secure the the papers was attachment. during the fact that ments served That to the night not successful the to be due attorney magistrate was who could offinot creditor's in finding a only writ. Another without an state- issue Mrs. the necessary made today, but that part of cial authority, assets was consisted by a 000 and Chadwick's ment in notes wealthy endorsed man. the settlement of prominent $5,000,- of it It very is possible D. Newton's that few claim, days ago, which had enwas in the whole been Herbert announced satisfactorily an obstacle a arranged, The Cleveland hands may of counter proceedings. in the in had been Newton's his other Ryall, Newton their homes George city, and had Mr. returned to here attorneys a series of the it was had after this matter bankruptcy said, Mr. left conferences Brooklynetisfac- been and attorney man's at in the The principal upon had of bothMr. been Newton and thing to be settlement Presentative Chadwick torilyadj interest which, adjusted." case points nts in the byrep- done Mrs. the was to work of the entire and the out only the obligations. details for charge e cancellation was to have it was Mr. these Ryall final transactions, announced not upon be leav- said, nec- or of and Mr. Newton that it would his Boston Cleveland ing for for Boston either him to or return to E essary York. attorneys the bankruptcy how- New When the news from of Cleveland, Newton's a Percy W. immediately that the I Mr. for Boston New of York. his visit It is was to with consult the proi ever, object proceedings attorney, in came connection Carver, supposed Mr. started with was posed Ryall settlement. connection much from interest Cleveland, bankruptaroused which In this shows by a claims that dispatch under preferred the months and prior paid t cy laws a any period of petition four in bankrupt- receiver. within to the filing recovered of a by the entitled to cy may claimant be then share will be of the in Cleve- bankThe only his pro rata It was reported telegraphed to & rupt's that Mrs. in that city Cleveland an an the was House still making Inquiry at Chadwick managetoday. land acquaintappointment. estate. Mrs. Chadwick hotel in last leaving night ment knew there showed and that so had far no as intention the of at present. Property Attached. -The financial affairs of against New Her York, Mrs. complicated Dec. Cassie 3. L. today Chadwick by "her the n were of an on t said to of milliners of by t issuance property, further firm attachment. be for made this Lawyer ground city. be1 C The half of application fiend, a H. was is on a debtor the and is resident Theodore that Mrs. Chadwick of this state. r not BIG a SUIT COMES TO END

11. December 5, 1904 The Minneapolis Journal Minneapolis, MN

Article from The Minneapolis Journal, December 5, 1904

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with the name of Andrew Carnegie and indorsed on the back by C. L. Chadwick. "Now, remember," said Mr. Sullivan to the representative of the Associated Press, "I do not say that this note was signed by Andrew Carnegie, but simply that Carnegie's name was signed thereto." Has Seen Other Note. A prominent local banker, who desired that his name be not used, stated today that he had seen the $500,000 note with Andrew Carnegie's name signed to it. "I have seen that $500,000 note," said the banker, "and it bears the name of Andrew Carnegie. I would not attempt to say that it is the genuine signature of Andrew Carnegie, but his name is there all right." Mystery in Collateral. Collateral security is a common enough thing in the financial world. There is no mystery about it. It is not a fearful, awesome thing to be spoken of in hushed tones, with bated breath, or with eyes starting from sockets, or with hair rising on end. And yet any mention of the securities given by Mrs. Chadwick for the million dollars and more she has borrowed creates a panic. Some of these mysterious securities are deposited with Ira Reynolds, secretary and treasurer of the Wade Park Banking company of Cleveland. He declares he will die before he will reveal the character of these securities. Mayor Carter of Oberlin, Ohio, a director of the bank that failed, when asked as to the character of the mysterious securities, exclaimed: 'My God, I wish no one would ask those questions."

12. December 9, 1904 The Birmingham Age-Herald Birmingham, AL

Article from The Birmingham Age-Herald, December 9, 1904

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TAKEN TO THE TOMBS AT LAST Continued from First Page) certainly would shield him or her from harm. "For the benefit of the newspapers and the public I would suggest that the newspapers should send to two or three responsible persons in Cleveland who know Mrs. York, and ask what they think of her statement; that is, if her word would be taken-how much reliance they would put in her word. "Everything will work its way out all right for me. and I don't want to say anything against Mrs. York at all. I shall make a statement here in the very near future, and also one in Cleveland. The newspapers possibly have written up a great sensation, but I wish to say to you that Madam De Vere's whereabouts and everything else in connection with this case will be shown in a very short time. "In justice to my child, I don't think it right to make any further statement at this time. My boy's devotion to me and his loyalty to me is marvelous for one only 19 years of age." "Mrs. Chadwick, it is intimated in some of the afternoon papers that this young woman whom you have here with you, is not your maid. but a relative of yours, possibly your daughter." The young woman was sitting beside her and she spoke up immediately, saying: Nurse Speaks Up. " I am not related to Mrs. Chadwick in any way, neither am I her maid. She has a French maid who is not with her. I am her nurse. I am a graduate from the Nurse's Institution in Stockholm, Sweden, and I am Swedish by birth. I have been in this country seven months and I have been with Mrs. Chadwick six months. I could speak English before I came here.' Mrs. Chadwiek referred to the publication which indicated that the lawyers who had come from the west were her enemies and not her friends. "I think there is nobody I am more friendly with, than them," she said, "not one of them came with any thought of prosecuting. Mr. Newton brought this lawsuit against me on Monday. Of course that frightened the people because of the enormous amount of the lawsuit. The amount of money attracted attention. The depositors of the Wade Park bank became alarmed that the bank was going to be ruined, when in reality, I only owed the bank $7000. and It was one of the best banks in Cleveland. No I am wrong, it was Friday the run commenced. Then following that one of Mr. Newton's notes was presented in the Oberlin National bank. and on Saturday evening the Oberlin bank opened to receive deposits according to its custom from 6 to 8 o'clock. The depositors in that bank read in\ the penny press the sensational story that I owed the Oberlin bank. They rushed into the bank on Saturday and instead of making deposits commenced to draw their money out. It was a small county bank and only had on hand $11,000 or $12,000 in cash. The other money belonging to the bank was in the Cleveland bank. and it being Saturday night they were closed up. If it had only happened differently the bank would not have to had to fail because the obligation would have been paid. I would not like to live a minute if I did not think I could pay these poor people back. I have asked Emil, my son, if anything should happen to me, that he would do everything to see that the obligations were paid." Regarding Carnegie Notes. "Mrs. Chadwick, those alleged Carneges notes have figured so largely as a sensational feature in this case that no doubt the public would like to know what you had to say in regard to that." "Whatever is said about those notes must be said by my attorney. Mr. Carpenter. That is an entirely different matter," she replied. "But you all have been quoted as deny-

13. December 10, 1904 Daily Kennebec Journal Augusta, ME

Article from Daily Kennebec Journal, December 10, 1904

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of a woman suffering greatly from nervousness. Mrs. Chadwick's son Emil was asked if he had seen the statement made by Mrs. York of San Francisco, relative to his mother's past life. He said he had. "It is true that I have stayed at her house and that I was taught as a boy to call Mrs. York's boy my cousin," the boy answered. Mrs. Chadwick said in reference to Mrs. York's statement: "I have not read all of it, but I will leave it to public opinion and to refined and educated persons what conclusions they might draw when one sister makes a statement like that against another sister. "Mrs. York is neither my sister nor my half-sister, nor my sister-in-law. We were raised together." "Will you say anything about her statement that you are Madame De Vere?" "I have made absolutely no statement about this Madame De Vere business from beginning to end. Out of justice to my little boy, I would not do it at the present time. I don't think that any responsible person would pay any attention to a statement made by Mrs. York. If I had a sister or a brother who was in trouble, no matter what that their past might have been, if I could not do him or her good I certainly would shield him or her from harm. It is unkind and unfair of any person to give such a statement for publication, and I question whether she gave it unless she was paid for it. There must have been some induce-ment. "For the benefit of the newspapers and the public I would suggest that the newspapers send to two or three responsible people in Cleveland and who know Mrs. York, and ask them what they think of her statement that is, how much reliance they would put in her word. Everything will work its way out all right for me and I don't want to say anything against Mrs. York at all. I shall make a statement here in the very near future, and also one in Cleveland. The newspapers possibly have written up a great sensation, but I wish to say to you that Madame De Vere's whereabouts and everything else in connection with this shall be shown up in a very short time. "In justice to my child, I don't think it right to make any further statement at this time. My boy's devotion to me and his loyalty to me is marvelous for one only 19 years old." "Mrs. Chadwick, it is intimated in some of the afternoon papers that this young woman you have with you is not your maid but a relative of yours, possibly your daughter." The young woman was sitting beside her and she spoke up immediately, saying: "I am not related to Mrs. Chadwick in any way; neither am I her maid. She has a French maid who is not with her. I am her nurse. I am a graduate from the Nurses' Institution in Stockholm, Sweden, and I am Swedish by birth. I have been in this country seven months and I have been with Mrs. Chadwick six months. I could speak English before I came here." Mrs. Chadwick referred to the publication which intimated that the lawyers who had come here from the West were her enemies and not her friends. "I think there is nobody I am more friendly with than with those lawyers," she said. "Not one of them came here with any thought of prosecuting me. I don't think the public quite understands the situation. Mr. Newton brought this suit against me on Tuesday. Tuesday, they had a run on the Wade Park Bank. Of course that frightened the people because of the enormous amount of the lawsuit, $210,000. That was a very large amount in a little city of only about 400,000 inhabitants. That amount of money attracted attention. The depositors of the Wade Park Bank became alarmed that the bank was going to be ruined, of which, in reality, I owed the bank only $17,000 and it was one of the best and most conservative banks in Cleveland. "No, I am wrong; it was Friday the run commenced on the Wade Park Bank. Then, following that, one of Mr. Newton's notes was in the Oberlin National Bank. On Saturday evening, the Oberlin bank opened to receive de-

14. December 13, 1904 Las Vegas Daily Optic Las Vegas, NM

Article from Las Vegas Daily Optic, December 13, 1904

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WOMAN'S CAREER IN BRUSSELS Spent Thirty Dollars a Day Hotel Bills and Left Debts for Jewelry and Laces CLEVELAND, Dec. 13.-The total amount of securities deposited by Mrs. Cassie Chadwick with the Wade Park bank has been found to approximate $28,000,000. The highest estimate placed on them heretofore has been $15,000,000. Herbert W. Bell, who as receiver for the common pleas court, took charge of the securities deposited with the Wade Park bank, declared today that he had found them to be nearly double what he had first supposed. When asked if they possessed any value, Bell said with a smile: "Well I would not care to pay much for any of them." Bell later altered his statement of the amount of securities in his possession, He said on further investigation found he had over-estimated the amount by $10,246,000 the face of the trust agreement. There were two copies of an agreement among the Dapers, neither being marked duplicate and he had considered them as separate documents, Extravagant Life. BRUSSELS, Dec. 13.-In a futile search in this city for Dr. LeRoy S. Chadwick, Etoile Belge asserts that it has been discovered that his wife left it has disgovered that his wife left debts In Brussels, notably $18,000 due a jeweler and $12,000 owing to a lace merchant. Mrs. Chadwick lived expensively in Brussels, her hotel bill S alone amounting to $30 a day.

15. December 13, 1904 The Cairo Bulletin Cairo, IL

Article from The Cairo Bulletin, December 13, 1904

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BELIEVED HER STORY THAT SHE WAS CARNEGIE'S DAUGHTER Loaned Her Thousands of Dollars-="She Has Fooled Me and Men Smarter Than I Am," He Says on the Witness Stand. At one time he said she made a By the Associated Press. written statement to his bank comCleveland, O., Dec. 12.-The trou mittee that she had over $2,000,000 in ble of Mrs. Cassie L Chadwick in bonds in a safety deposit vault in the creased at a rapid rate today, She Wiade Park bank. was twice indicted by the grand jury His Confidence Was Amazing. of Cuyohoga county, and her old time Repeated efforts on Reynolds' part friend, Iri Reynolds, took the stand o close up dealings with Mrs. Chad wick met with excuse and delay, yet in court and made evident his intenhe did not lose confidence, tion to shield and protect her no He confidently believed everything longer. would be paid, up to a week ago, and He presented a pathetic picture as had no suspicion of anything wrong he answered questions which brought intil a few days before Newton out his own implicit faith in the wo brought suit. Then his attorney, Mr. man whose financial transactions Carver, of Boston, called at the have well nigh ruined him in for Wade Park bank and said he undertune, and caused him such infinite stood he held some steel securities trouble. He gave evidence, too, that or Mrs. Chadwick's and showed him he still believes his trust was justipaper assigning all her right and fied. itle in Reynolds' holdings. Evades a Question. Paid Notes For Her. Only one query he attempted to Several notes of $10,000, each pay. evade. This was when he asked how ble to Dr. Chadwick, had been takmuch of his personal estate had pass n up by Reynolds. He declared ed into the possession of Mrs. Chad hey were payable out of any monwick. His eyes filled. and he request ys that might have been on credit ed that he be excused from answero Mrs. Chadwick in the First Nation ing. The question was not pushed d bank of Cleveland August 20. Information of the indictments Some of these were paid and in Febagainst the woman was at once uary or March, 1904, the money was wired to New York by County Prose placed to her credit in this bank. cutor Keeler, and he requested that Leynolds thought the money came Mrs. Chadwick be immediately rerom the east to pay all these, and arrested if she secured bail on the elt assured thai what he held was other charges. all right. Examination of Iri Reynolds, treas The Last Time He Saw Her. urer and secretary of the Wade Park Reynolds said the last saw Mrs. bank, before Referee Remington In Chadwick was Nov. 10. She desirthe bankruptcy court today failed to d to go East and having no money disclose any asset that might be se ie cashed a check on the Lincoln cured by Receiver Loesser, appoint Frust company. New York. It was ed by the federal court, but brought returned marked, "account closed. from Reynolds in reply to questions, le took it out of the Wade Park "she told me she was the illegitimate bank, paid it and has it in his posdaughter of Andrew Carnegie." assion. He brought the Newton debt He Believed Her Story. o her attention and advised her to Later Reynolds in detailing his to East and raise the money and settransactions with Mrs. Chadwick le the whole affair, and he thought said: "In all my transactions with he went East to see Andrew CarMrs. Chadwick I believed from what negie. "She has fooled me and many she told me that Andrew Carnegie men smarter than I am: she has was backing her and all her indebtpulled the wool over everybody' edness would be paid. a eyes," said Reynolds. Then with He then added, "and I have not faint smile. as though the humor ap had anything yet to make me doubt Sealed to him despite his troubles, it. Reynolds said he had known ne said: "Once she wrote to me to Mrs. Chadwick seven or eight years ask if I needed help because of a and Dr. Chadwick all his life. In deun on the bank. tailing how he came into possession ent Her $15,000 Across the Water. of the $5,000,000 note bearing the Reynolds also told of having C. name of Andrew Carnegie, he said: led her $15,000 when she wrote him "Mrs. Chadwick called me to her hat all her family were sick in Euhouse, I think it was March 5, 1903 ope and she was out of funds. He and said she wished to intrust to me lad seen a check for $60,000 with some securities. She said she had Andrew Carnegie's name signed to been advised to place them in the t. but did not know whether any possession of a third party, and she honey was ever procured on it. He wanted me to take care of them. estimated the woman's household fit This is the package opened last ings to be worth $20,000. He took a Friday night in the presence of Reychattel mortgage two years ago, but nolds and Attorney Stearn. t was never recorded. The package was produced in court and Reynolds identified the Carnegie SHE IS MADAME DEVERE. note, mortgage deed and copies of the alleged trust agreement. Woman Recognizes Mrs. Chadwick Continuing the witness said: "She as the Confidence Swindler. then handed me a paper to sign." "This paper the witness did not have By the Associated Press. with him, but as near as he could Portsmouth, D., Dec 12.-Mrs. remember it read: "I certify that I Charles James, widow of the late hold in trust for Mrs. Cassie L. Warden James. was intimately acChadwick securities and a note for quainte:l with Madame Devere dur$5,000,000. ing her incarceration in the Ohio He Loaned Her Money. penitentiary. and today declared posThe note was not endorsed, but he tively that Madame Devere and Mrs. had no doubt the alleged maker of Chadwick were one and the same. the note was back of the woman. He Mrs. James said: told of loaning the woman $12,000 on My heart goes out in sympathy her promise to put up United States fo the woman I knew as a good resteel bonds as collateral. She fined woman. Her character was brought to the bank the next day, he above reproach and she was overly said, a package which she said concharitable. Though always kind and tained $200,000 in steel bonds and a attentive to her fellow female pris$250,000 certificate, which be was to oners. they considered her a hoodoo, hold in trust for her. A month ago attributing many discomfitures and this package was opened and found experiences to her. I do not think to contain no steel bonds, but inthe woman was possessed of hypnotstead, Reynolds said, five $1,000 ie powers, but her remarkable perbonds of the Home Telegraph comsuasive powers held spellbound any pany of Niagara, N. Y., and six cerand all persons who came in contact tificates of the Buckeye Fish comwith her. pany.

16. December 13, 1904 The Topeka State Journal Topeka, KS

Article from The Topeka State Journal, December 13, 1904

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SAID CARNEGIE WAS HER PAPA. New Light Thrown on Mrs. Chadwick's Methods. Dupes Believed She Had Hold on the Ironmaster. INDICTMENTS. TWO Are Found by the Grand Jury at Cleveland. Iri Reynolds Tells the Story of His Undoing. Cleveland, O., Dec. 13.-Trouble for Mrs. Cassie L. Chadwick has increased at a rapid rate. She has been twice indicted by the grand jury of Cuyahoga county and her oldtime friend, Iri Reynolds, whose confidence she had betrayed, took the stand in court and made evident his intention to shield and protect her no longer. The secretary of the Wade Park bank presented a pathetic picture as he answered question after question which brought out his own implicit faith in the woman whose financial transactions have well nigh ruined him in fortune and caused him such infinite trouble. He gave evidence too that he still believes his trust was justified. Only one query he attempted to evade. This was when he was asked how much of his personal estate had passed into the possession of Mrs. Chadwick. His eyes filled and he requested that he be excused from answering. The question was not pushed. The formal indictments voted against Mrs. Chadwick this afternoon are based, one upon the Carnegie note for 1/4 million dollars, which was made payable at the office of Andrew Carnegie in New York city, and the other upon the Carnegie note for 1/2 million dollars, which was payable at the National Bank of Commerce in New York. Under each indictment are two counts, one charging forgery, the other uttering of forged paper. Information of the indictments was at once wired to New York by the county prosecutor, Mr. Keeler, and he requested that Mrs. Chadwick be immediately rearrested if she secured bail on the other charges hanging over her. The examination of Iri Reynolds, treasurer and secretary of the Wade Park bank, before Referee Remington in the bankruptcy court failed to disclose any asset that might be secured by Receiver Loeser, appointed by the federal court, but brought from Mr. Reynolds in reply to questions this statement: "She told me she was the illegitimate daughter of Andrew Carnegie." Later Mr. Reynolds, in detailing his transactions with Mrs. Chadwick, says: "In all my transactions with Mrs. Chadwick I believed from what she told me that Andrew Carnegie was backing her, and all her indebtedness would be paid." He then added: "And I have not had anything yet to make me doubt it." Mr. Reynolds was asked if he knew of Mrs. Chadwick ever having diamonds and he replied that he had seen diamonds that had been pledged in New York and were inventoried at $98,000. He had also seen them at the house. They were' contained in several trays in a box and Mr. Reynolds caused a ripple of laughter in the court room when he said: "They were as nice and pretty a lot of pearls and diamonds as you ever saw." He did not know, however, where they were now. The witness appeared anxious to help the officials in every way and volunteered much information. One question caused him to bridle somewhat, however, and his reply was most pathetic. He was asked how much his personal loans to her amounted to, and in a trembling voice, with emotion, he said: "Please excuse me from answering that; I'm willing to tell all I know of this affair, but I'm going to stay right here in Cleveland. I'm not going to run away. I'm going to stay here and take my medicine. I want to see the other debts paid." Mr. Reynolds' memory was faulty as to dates and he was frequently corrected by Attorney Andrew Squire who sat near him. The examination was made by Attorney Grossman, the law partner of Receiver Loeser. After the preliminary questioning, Mr. Reynolds said he had known Mrs. Dr.

17. December 13, 1904 The San Francisco Call San Francisco, CA

Article from The San Francisco Call, December 13, 1904

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REYNOLDS REVEALS THE DUPLICITY OF CASSIE CHADWICK Continued From Page 1, Column 5. he says, because he did not have money enough to stay there two hours. "She has fooled me and many day that, after Carnegie's return from smarter men than me; she has pulled Cleveland, he will be served with a the wool over everybody's eyes," said subpena for his appearance here at he. Then, with a faint smile, as though the investigation next Saturday, unthe humor appealed to him despite his less Mrs. Chadwick agrees to go to troubles, he said: Cleveland in the meantime. Once she wrote to me to ask if I WOMAN TWICE INDICTED. needed help because of the 'run' on the bank." CLEVELAND, Dec. 12.-Trouble for Mrs. Cassie L. Chadwick increased United States Attorney Sullivan deat a rapid rate to-day. She was twice clared to-night that he would not inindicted" by the Grand Jury of Cuyasist upon the personal attendance of hoga County and her old time friend, Carnegie at the session of the Federal Iri Reynolds, took the stand in court Grand Jury on Wednesday. and made evident his intention to DR. CHADWICK'S DENIAL. shield and protect her no longer. PARIS, Dec. 12.-Dr. Leroy S. The aged secretary of the Wade Chadwick of Cleveland, whose wife, Park Bank presented a pathetic picCassie L. Chadwick, is held a prisonture as he answered question after er in New York, said to-day: question which brought out his im"There is no truth in the report plicit faith in the woman whose finthat Mrs. Chadwick settled a large ancial transactions have well nigh sum on me. Do I look like a man of ruined him in fortune and caused millions?" he added, calling attention him such infinite trouble. He gave to his appearance. "Any one would evidence, too, that he still believes his be able to see that I am not a man trust was justified. Only one query who had received millions from his he attempted to evade. This was wife." when he was asked how much of his Asked whether Mrs. Chadwick is in personal estate had passed into the reality Lydia Devere, he answered: possession of Mrs. Chadwick. His "The first time that I ever heard eyes filled and he requested that he the name of Madame Devere in this be excused from answering. connection was when I saw it recentThe formal indictments voted ly in the papers. Only once before against Mrs. Chadwick this afternoon had I ever heard the name Devere. are based, one upon the Carnegie note That was twenty-nine years ago, at a for $250,000, which was made paypost mortem examination at which I able at the office of Andrew Carnegie assisted, on a woman of that name, in New York City, and the other upon who was said to have been a fortune the Carnegie note for $500,000, which teller. I only recall this from a pewas made payable at the National culiar surgical feature which the post Bank of Commerce in New York. Unmortem developed." der each indictment are two counts, The doctor was shown a publication one charging forgery, the other the stating that the Chadwick securities uttering of a forged paper. embraced notes for several million Information of the indictments was dollars signed or indorsed with the at once wired to New York by County name Andrew Carnegie. Prosecutor Keeler, and he requested "I do not know Andrew Carnegie that Mrs. Chadwick be immediately personally," replied the doctor. rearrested if she had obtained bail on "Does your wife know Mr. Carthe other charge hanging over her. negie?" the doctor was asked. IRI REYNOLDS TELLS ALL. "I would rather not discuss Andrew Carnegie," said Dr. Chadwick. The examination of Iri Reynolds be-

18. December 13, 1904 The Stark County Democrat Canton, OH

Article from The Stark County Democrat, December 13, 1904

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devoted to explaining how the run on the Wade Park bank of Cleveland, O., and the failure of the Citizens National bank of Oberlin, O., could have been averted had the people only not become "mentally panic stricken," at what she termed the sensational stories printed about herself in connection with the two institutions. S/ refused to discuss the so-called "Carnegie" notes, referring everyone in this matter to her lawyer. She also again denied, but this time, not so emphatically and specifically, that she was the same woman as the one known as Madame Lydia De Vere, convicted forger. While answering the questions put by the newsaper men, Mrs. Chadwick lay on the couch in the marshal's room. She was interrupted at intervals by slight nervous shudderings through her whole body. At times she showed signs of going into hysterics but always recovered herself. She bore herself well through the ordeal for nearly an hour when she was taken with a more violent attack of nervous convulsion than any prevously and terminated the interview. Mrs. Chadwick denied that Mrs. York, of San Francisco, who had declared that Mrs. Chadwick and the socalled Madame De Vere were one and the same, was her own sister. She even denied that Mrs. York was her halfsister or sister-in-law. "We were simply raised together," said Mrs. Chadwick, "that was all." Asked if she would say anything in regard to Mrs. York's statement that she, Mrs. Chadwick, was Madame De Vere, Mrs. Chadwick said: "I have made absolutely no statement about this Madame De Vere business from beginning to end. Out of justice to my little boy I will not do it at the present time. I don't thi that any responsible person would pay any attention to a statement made by Mrs. York. If I had a sister or a brother who was in trouble. no matter what her past life had been, if I could do him or her any good, I certainly would shield him or her from harm. It is unkind and unfair for any person to give out a statement such as Mrs. York did for publication and I questioned whether she gave it out unless there was some inducementunless she was paid for it. Everything will, however, work itself out for me and I don't want to say anything of Mrs. York. I will make a statement here in the very near future and al. so one in Cleveland. The newspapers have probably written up a great sensation but I wish it to be said that Madame De Vere's whereabouts and everything else in connection with this case will be shown in a very short time. In justice to my child, I don't want to make any further statement at this time." Mrs. Chadwick denied that the young woman Freda Svenson who has been constantly at her side, is her daughter, as had been intimated in some of the newspapers this after noon. The latter stated that she was Mrs. Chadwick's nurse, that she was a graduate of the Nurse's Institution of Stockholm, Sweden, and had been in this country about seven months. A few minutes later she learned that her lawyer had failed in his efforts to get bail and she made ready for the trip to the stone prison a few blocks away. There was an element which bordered upon tragedy in the entrance of Mrs. Chadwick through the barred door of the Tombs. There was something in this sight that stirred the human sentiment of even the calloused turnkey and his deputies. It was not sympathy, in the broad sense of that word, which the spellbound onlookers felt within them, it was, rather a poignant sense of pity for a woman whose remarkable genius and mental development had been so misdirected or mistaken that the golden foible of "high respectability" had been snatched from her and iron and steel closed down and claimed her for their own. As the coach bearing Mrs. Chadwick, her maid and son and the chattering marshal sped down the dark streets it was suddenly brought to a standstill at the corner of Center and Duane streets. A crowd of factory girls, working over-time to supply the Christmas rush in trade, were pouring out into the street from a dingy shop. The cabman had to draw a taut rein

19. December 13, 1904 The Montgomery Advertiser Montgomery, AL

Article from The Montgomery Advertiser, December 13, 1904

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he but commersed. of but was It was not endorsed alleged maker The note that the of the mons woman. subsehad no doubt as was back Reynolds transaction insactions said: the note to the secret, came quent Asked to 190s. one, Mr. a little tell all. She and said "There willing is to was in 1904, payable If at to but me, I'm had I think $12,000 ential it Trust in paper Company. the bonds money in she the she the Prudent let her U. have S. Steel I consulted consent my I morning would would put as collateral and with money. their which The next she bonds said day committee the Steel loaned she brown her a package in U. S. which the I same was package. contains and to hold a in trust as the for a monthentiement her when time they in held conditions these until of several was about They the conthe presence opened. began It his suit. but they were Mr. Mr. were Newton all right, were, tained bonds bonds. what they were five $1,000 Reynolds the Home and six not When steel asked said: "Telegraph certificates Company of dian of bonds Niagara. of Buckeye N. Y., Fish was Company. Mr. custo- bank Chadwick "There of Just the before last he package came to the was as two your said contained Mrs. as you steel could bonds. "She carry left them in from in Eu- the she had many he said. she returned away, saying vast of arms." and when them. put such a better was she vault rope been she took advised valuable to paper in a to a Mr. to New in Vault. amount vault." Reynolds understood York or Pittsburg. writshe take them Two time Mullion she said his she committee made that the deposit Mr. ten At had statement one over $2,000, vault to 000 in in the bonds Wade Park Reynolds's Mrs. safety Bank. Repeated to close met efforts up with the on dealings excuse after time, and confident- with yet delay. did up Chedwick part He was put onndence. off time He would had no be suspi- paid few lose everything had a not ly believed to a week anything ago, wrong brought until his of Bos- suit. of Newton Mr. Carver Bank and Then at the he and cion days before his attornewade held Park some show- steel said ton called he of Mrs. assistheld her right securities and ed him title a in notes paper of had been each, taken payable they up Several He declared that to Dr. Mr. Reynolds. out of any credit moneys to Bank Mrs. of by were payable have been First on National 20. Some or might in the August February her Chadwick Cleveland on and in to of these were 1904, paid money bank. was Mr. place Reynolds the East that to thought March, credit all in money these this was came and all right. felt from assured Cleveland Judge pay what He was he held New further York assured came to him to over Judge the reOlcott of introduced Chadwickwould and was by Mrs. him that he her Olcott unenOlcott telephones Chadwick knew from Judge by viable lieve Mrs. position. because signed He he was by Judge assured Olcott She desired a cashed check was he received here for $1,500 saw the her next and November day. had Lincoln no 10. money. Trust York. He He last to go check East on the It was return- took out of in debt to Company ed He marked of the "account New Wade his Park closed. possession. Bank, her paid atten- and He it and has the it Newton her to go the East whole East affair, and Carnegie brought tion raise and the advised monthought he and settle she Ald. went New to see Andrew Offered Her away from not have Mr. Reynoldbecause came there he did two hours. men money York he enough said. fooled to stay me and has pulled many with wool a d has me; she Then appealed the he y over "She smile than as his eyes. troubles, humor to ask said: if the to she because of faint him despite wrote to me the run on k s check was ill. bank." had seen which no was It was n t needed "Once Witness hedp other Carnegie's notes. sent any but to 1 had house seen a when and he Andrew he had Whether did n his for $60,000 signed to procured it. on It not e name was ever Chadwick's t money know. value of Mrs. Mr. Reynolds about d e household As to the they Attings might said he be took worth ago a but chattel has k thought $200,000. about He two years of e t mortgreen it. the hearing examination was put n never This concluded and the for the are. presence it Mr. Reynoldsturday These until witnesses. e son If Emil. the by that over time still further. put of over understood, further Mrs. they Chadwick examination not in and this will her city be

20. December 15, 1904 Iowa County Democrat Mineral Point, WI

Article from Iowa County Democrat, December 15, 1904

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MRS. CHADWICK'S WOES MULTIPLY OHIO GRAND JURY RETURNS TWO INDICTMENTS. BANKER FRIEND TESTIFIES Iri Reynolds Tells How the Clever Cassie Pulled the Wool Over His Eyes-Dr. Chadwick in Paris Talks of the Case and Expects to Return Soon. Cleveland. Dec. 13.-The trouble of Mrs. Cassie L. Chadwick increased at a rapid rate yesterday. She was twice indicted by the grand jury of Cuyahoga county and her old time friend. Iri Reynolds, took the stand in court and made evident his intention to shield and protect her no longer. He presented a pathetic picture as he answered questions which brought out his own implicit faith in the woman whose financial transactions have well nigh ruined him in fortune and caused him such infinite trouble. He gave evidence, too, that he still believes his trust was justified. Only one query he attempted to evade. This was when he was asked how much of his personal estate had passed into the possession of Mrs. Chadwick. His eyes filled and he requested that he be excused from answering. The question was not pushed. Information of the indictments against the woman was at once wired to New York by County Prosecutor Keeier and he requested that Mrs. Chadwick be immediately rearrested if she secured bail on the other charges hanging over her. Daughter of Carnegie, The examination of Iri Reynolds, treasurer and secretary of the Wade Park bank, before Referee Remington in the bankruptey court failed to disclose any assets that might be secured by Receiver Loeser. appointed by the

21. December 16, 1904 Little Falls Herald Little Falls, MN

Article from Little Falls Herald, December 16, 1904

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SAID TO BE WORTHLESS. Chadwick "Securities" Afloat Aggregate $13,750,000. Cleveland, Dec. 10.-The Plaindealer says: When the contents of the mysterious "securities" held for Mrs. Cassie L. Chadwick by Iri Reynolds of the Wade Park bank are revealed to the outside it will be found that the signature of Andrew Carnegie has apparently been forged on notes and other papers to the total amount of $13,750,000. The securities held by Reynolds, together with those that were held by the Citizens' National bank of Oberlin and have already been made public, aggregate this amount. The mysterious "securities" held in trust by Reynolds, concerning which there has been SO much futile speculation during the past two weeks, consist of the following items: First-A note for the sum of $5,000,000, signed "Andrew Carnegie." Second-A certificate of trusteeship which states that Andrew Carnegie has in his possession stocks and bonus to the amount of $7,500,000 held by him in trust for Mrs. Cassie L. Chadwick. This paper also is signed with Mr. Carnegie's name. These securities, supposed to represent the vast amount of $12,500,000, have been for the past three years the principal basis on which Mrs. Chall wick has conducted her financial S,S. tem and on which she has borrowed sums which, it is conceded, run up into the millions and are positively known to exceed $1,000,000. And these same "securities" are the rock which has wrecked the Oberlin bank and caused the ruin of hundreds of families and losses to business men almost without number. For it is the frankly expressed opinion of reputable lawyers who have examined these papers that they are not worth 1 cent.

22. December 22, 1904 New-York Tribune New York, NY

Article from New-York Tribune, December 22, 1904

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WADE PARK BANK SOLD. |BY TELEGRAPH TO THE TRIBUNE. I Cleveland, Dec. 21.-As the result of the position in which the Wade Park Bank has been placed through its connection and that of its secretary and treasurer, Iri Reynolds, with Mrs. Chadwick the stockholders consented to-day to the sale of the institution to the Cleveland Trust Company. Immediately after the filing of the Newton suit a run occurred at a branch of the bank in Willoughby. This was withstood for one day and then the branch and the main bank took refuge behind the clause requiring sixty days' notice before the withdrawal of deposits. A large number of these notices have been filed notwithstanding the fact that the bank has been reported sound by experts. The bank has 6,000 open accounts and its deposits amount to $1,500,000.

23. December 30, 1904 The Chickasha Daily Express Chickasha, OK

Article from The Chickasha Daily Express, December 30, 1904

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of the amount already credited to this remarkable woman. The "securities" deposited with Banker Reynolds in Cleveland now reach the fabulous figure of $28,000,000, in all of which the name of Andrew Carnegie is the keynote. The highest estimate placed on them heretofore has been $15,000,000. This statement comes from Cleveland and is made by Herbert W. Bell, who, as receiver for the Common Pleas Court, took charge of the securities deposited with the Wade Park Bank, declared that he had found them to be nearly double what he had at first supposed. When asked if they possessed value, Mr. Bell said with a smile: "Well, I would not care to pay much for any of them."

24. January 6, 1905 The Goodland Republic Goodland, KS

Article from The Goodland Republic, January 6, 1905

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of the amount already credited to this remarkable woman. The "securities" deposited with Banker Reynolds in Cleveland now reach the fabulous figure of $28,000,000, in all of which the name of Andrew Carnegie is the keynote. The highest estimate placed on them heretofore has been $15,000,000. This statement comes from Cleveland and is made by Herbert W. Bell, who, as receiver for the Common Pleas Court, took charge of the securit'es deposited with the Wade Park Bank, declared: that he had found them to be nearly double what he had at first supposed. When asked if they possessed value, Mr. Bell said with a smile: "Well, I would not care to pay much for any of them."