Article Text
Troubles of Former Governor Set Forth in Court Petition Some of the financial problems of ex-Governor William A. Stone were set forth in a petition Harry S. Calvert, receiver for the Mercantile Trust Company, Pittsburgh, submitted to the Dauphin County Court yesterday afternoon and in which an order was granted by Additional Law Judge McCarrell at his home. The receiver asked permission to accept $1,250 and the transfer to him of certain escurities in payment for some notes he held as the receiver against Mr. Stone. The petition set forth that the balance due on the notes, including unpaid principal, interest, and so on, totaled $8,209.36. He pledged all he had toward the liquidation of his debts, it was further set forth, except what he might raise on the sale of securities. The receiver added that Mr. Stone, when payment had been demanded, submitted a statement showing that his indebtedness to banks and individuals totaled in the neighborhood of $400,000. The name "William A. Stone" aroused considerable curiosity among the attorneys and the question was raised as to whether the former Governor of Pennsylvania was meant. Paul A. Kunkel, who represents Mr.
