Wade Park Bank (Cleveland, OH)

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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

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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.

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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.

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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.

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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.

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CLEVELAND

Ohio, Dec. 1.-Federal officials are now Interested in the Chadwick case. A number of men of influence have requested United States District Attorney Sullivan to ascertain whether Mrs. Chadwick was liable under the federal laws. Bullivan is seeking to ascertain whether the Chadwick transactions were legitimate and If she didn't use the mails to further her ends. All peace negotiations between Mrs. Chadwick and Banker Newton are off, according to a report current here. It is reported that warrants are being prepared for prominent Cleveland men alleged to be accomplices in the huge swindles. At the request of Attorney Carr, representing Banker Herbert B. Newton, Judge Babcock this mornIng postponed until Saturday the hearing of Newton's motion for a receiver for Mrs. Chadwick's alleged securities now in the Wade Park bank.

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CLEVELAND, O., Dec. 1.-At the request of Attorney Carr, representing Banker Newton, Judge Babcock this morning postponed until Saturday the hearing of Banker Newton's motion for a receiver for Mrs. Chadwick's alleged securities in Wade Park bank. Federal officials are now interested in the Chadwick case. A number of men of influence have requested United States District Attorney Sullivan to ascertain whether or not Mrs. Chadwick is liable under federal laws. Sullivan is now seeking to ascertain whether Mrs. Chadwick's transactions were legitimate, and if she did not use the mails to further her ends. All peace negotiations between Mrs. Chadwick and Banker Newton are off. It is reported that warrants have been prepared for prominent Cleveland men alleged to be accomplices in the huge swindle.

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(Scripps News Association

) CLEVELAND, O., Dec. 1.-At the request of Attorney Carr, representing Banker Newton, Judge Babcock this morning postponed until Saturday the hearing of Newton's motion for a receiver for Mrs. Chadwick's alleged securities in the Wade Park bank. The federal officials are now interested in the Chadwick case. A number of men of influence have requested United States District Attorney Sullivan to ascertain whether Mrs. Chadwick is liable under the federal laws. Sullivan is seeking to ascertain whether or not Mrs. Chadwick's transactions were legitimate and if ahe did not use the mails to further her ends. All peace negotiations between Mrs. Chadwick and Banker Newton are off. It is reported that warrants have been prepared for prominent Cleveland men alleged to be accomplices in the huge swindles.

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Motion for Receiver

Cleveland, Dec. 1.-At the request of Attorney Carr, representing Banker Newton, Judge Babcock this morning postponed until Saturday the hearing of Newton's motion for a receiver for Mrs. Chadwick's alleged securities in the Wade Park bank.

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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.

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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."

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CARNEGIE NOTES GOT MANY LOANS Continued from First Page. ordered, had to be cut for her and sh ate it with a spoon. Mrs. Chadwick has been allowed th use of the corridor in front of her cel between 7 a.m. and 4 p.m. and may b permitted to see her nurse today. Two hours before she was led to th Tombs, Mrs. Chadwick had consente to an interview, in which she said: "1 would not like to live a minut if 1 did not think I could pay thes poor people back who had been ruine by the bank failure. I have aske Emil, my son, if anything should hap pen to me, that he would do everythin to sec that the obligations were paid. Everything will work its way out a right for me. I, shall make a state ment here in the very near future an also one in Cleveland. The newspaper possibly have written up a great ser sation, but I wish you to say tha Mme. Devere's whereabouts and every thing else in connection with this cas will be shown in a very short time. Calls Attorneys Her Friends. Mrs. Chadwick referred to the pub lication which intimated that lawyer who had come here from the west wei her enemies and not her friends. "I think there is nobody I am moi friendly with than those lawyers, sh said. Not one of them came here wit any thought of prosecuting me. I don think the public quite understands th situation. Mr. Newton brought this lav suit against me on Monday. On Tue day and Wednesday they had a run o the Wade Park bank. Of course, tha frightened the people because of th enormous amount of the lawsuit, $210 000. That was a verylarge amount i a little city of only bout 400,000 i habitants. That amount of money attracte attention. The depositors of the Wad Park bank became alarmed that tl bank was going to be ruined, when reality I only owed the bank $17,00 and it was one of the best and mo conservative banks in Cleveland. N I am wrong, it was Friday the ru commenced on the Wade Park ban Then, following that, one of Mr. New ton's notes was in the Oberlin Nation bank. On Saturday evening the Obe lin bank opened to receive deposit according to its custom, from 6 tc 8. How the Run Started. "The depositors of that bank rea the sensational: story that I owed tl Oberlin bank. They rushed into the bar on Saturday night and, instead of ma ing deposits, they commenced to dra their money out. It. was a small cou try bank and only had on hand $11,00 or $12,000 in cash. The other money b longing to the bank was in Clevelar banks, and, it being Saturday nigh they were closed up. The deposito drew heavily that night. Some one can in with a check, I think it was f

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BEHIND BARS

Continued from Page One.) shield and protect me against any worry. He will not retire at night until he thinks I have gone to sleep. He is up first in the morning to see how I am. There is nothing the child can think of for my comfort that he does not do. He is the first at my side and the last to leave me." "Mrs. Chadwick, it is intimated in some of the afternoon papers that this young woman you have here with you of is not your maid, but a relative yours, possibly your daughter." The young woman was sitting beside her and she spoke up, 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 of 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 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 lawsuit against me Monday. Tuesday and Wednesday 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, when in reality I only owed the bank $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. 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 Saturday night, and instead of making deposits, commenced to draw their money out. It was a small country 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. "The depositors drew heavily that night. Some one came in with a check; I think it was for $2,800 or $3,800, and they did not have money enough to pay. Therefore they had to close the bank. They could not open it again then and notified the bank examiners. They said they could not demand the loan against me because I was down here in New York. The story had gone out that the bank had failed and it was too late then for anything to be done. Mr. Miller of Canton, the bank examiner, had to be sent for. He got to Oberlin Sunday and they went into conference Sunday afternoon. Mr. Miller found the

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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-

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The Grand Total

Cleveland, O., Dec. 13.-The total amount of securities negotiated by Mrs. Chadwick which are in the Wade Park Bank have been found to approximate $28,000,000. The highest estimate placed on them heretofore has been $15,000,000. Herbert W. Bell, who is receiver for the common pleas court, took charge of the securities deposited with the Wade Park Bank. He 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 that on further investigation he found that he had overestimated the amount by $10,246.000, the face of the trust agreement. There were two copies of the agreement among the papers, neither being marked duplicate, and he had considered them as separate documents.

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TOOK OWATONNA

RELATIVES ABROAD

Continued from First Page.

eral. I consulted my committee and with their consent I loaned her the money. The next day she brought a package which she said contained $200,000 in United States Steel bonds and a $250,000 certificate, which I was to hold in trust for her, under the same conditions as the previous package. I held these until a month ago, when, in the presence of several gentlemen, they were opened. It was about the time Mr. Newton began his suit. They contained bonds all right, but they were not Steel bonds."

When asked what they were, Mr. Reynolds said: "There were five $1,000 bonds of the Home Telegraph company of Niagara, N. Y., and six certificates of the Buckeye Fish company."

Armful of "Steel Bonds."

Just before he was appointed custodian of this last package, Mr. Reynolds says, Mrs. Chadwick came to the bank one afternoon with a package she said contained steel bonds. "There was as many as you could carry in your two arms," he said. "She left them in the vault, and when she returned from Europe she took them away, saying she had been advised to put such a vast amount of valuable paper in a better vault."

Mr. Reynolds understood she was to take them to New York or Pittsburg. At one time, he said, she made a written statement to his committee that she had over two million in bonds in the safety deposit vault in the Wade Park bank.

Repeated efforts on Mr. Reynolds' part to close up the dealings with Mrs. Chadwick met with excuse and delay. He was put off time after time, yet did not lose confidence. He detailed one instance, that on May 11, 1904, when he went to New York expecting to settle the entire affair. Mrs. Chadwick was in consultation with a number of lawyers and after waiting two days he returned to Cleveland without seeing her.

He had read the trust agreement, but had never seen the signature.

And He Believed Her.

Mrs. Chadwick had told him the original was in the package he held. He confidently believed everything would be paid, up to a week ago, and had no suspicion of anything wrong until a few days before Mr. Newton brought his suit. Then his attorney, Mr. Carver of Boston, called at the Wade Park bank and said he understood he held some Steel securities of Mrs. Chadwick's and showed him a paper assigning all her right and title in Reynolds' holdings.

Several notes of $10,000, each payable to Dr. Chadwick had been taken up by Mr. Reynolds. He declared they were payable out of any moneys that might have been on credit to Mrs. Chadwick in the First National bank of Cleveland on Aug. 20. Some of these were paid in February or March, 1904, money was placed to her credit in this bank. Mr. Reynolds thought money came from the east to pay all of these, and felt assured that what he held was all right.

He was further assured when Judge Olcott of New York came to Cleveland and was introduced to him over the telephone by Mrs. Chadwick. Judge Olcott assured him that he would relieve Mrs. Chadwick from her unenviable position. He knew Judge Olcott was here because he was assured by a check for $1,500 signed by Judge Olcott he received the next day.

He last saw Mrs. Chadwick on Nov. 10. She desired to go east and had no money.

He cashed a check on the Lincoln Trust company of New York. It was returned marked "account closed." He took it out of the Wade Park bank, paid it and has it in his possession. He brought the Newton debt to her attention and advised her to go east and raise the money and settle the whole affair, and he thought she went east to see Andrew Carnegie.

"Broke" in New York.

Mr. Reynolds came away from New York, he says, because he did not have money enough to stay there two hours. "She has fooled me, and many men smarter than me; she has pulled the wool over everybody's eyes." Then, with a faint smile, as tho the humor of the case appealed to him, despite his troubles, he said: "Once she wrote to me to ask if I needed help because of the run on the bank." Still another incident was detailed by the witness. "When Mrs. Chadwick was in Europe," he said, "she wrote that Dr. Chadwick was in the hospital seriously ill, the daughter also was ill and she was in sore distress. Emil came home to save expenses and he was taken with typhoid fever. She cabled me that she had no money and I sent her $15,000. The shock of Emil's illness made her seriously ill, and when she arrived here she was thought to be dying. She then told me where, if anything happened to her, I would find a letter to Mr. Carnegie, and he would settle all her indebtedness."

Witness had seen no other notes, but had seen a check which was sent to his house when he was ill. It was for $60,000, and had Andrew Carnegie's name signed to it. Whether any money was ever produced on it he did not know. As to the value of Mrs. Chadwick's household fittings Mr. Reynolds thought they might be worth about $200,000. He said he took a chattel mortgage about two years ago, but had never recorded it.

ONE LAMB OWNS UP

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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-

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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

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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.

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MRS. CHADWICK'S BOGUS SECURITIES Cleveland, Ohio, Dec. 13. The total amount of securities deposited by Mrs. Cassie Chadwick with the Wade Park bank has been found to approximale $28,000,000. The highest estimate placed on them heretofore has been $16,000,000. Herbert W. Bell, who as receiver for the common pleas court too's 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 should not care to pay much for any of them. Belt later altered his statement of the amount of the securities in his presession He said on further investigation that he found he had overestimated the amount by $10,246,000 the face of the trust agreement. There were two copies of the agreement among the papers, neither being marked duplicate and he had considered them as separate documents.

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CHADWICKS BOTH HELD TO GRAND JURY Indicted for Forging Carnegie's Name -Piano Company Dragged Down. Cleveland, Dec. 22.-The county grand jury this afternoon returned indictments against both Dr. and Mrs. Chadwick on a charge of forging Carnegie's name to a $5,000,000 note. Conneaut, Ohio, Dec. -The C. M Traver Piano company has assigned, The failure resulted from the closing of the First National bank, C. M. Traver being president of both bank and the piano company. Cleveland, O., Dec. 22.-The Wade Park bank, of which Iri Reynolds was secretary and treasurer, the man who furnished Mrs. Cassie L. Chadwick with the attests on which she was so successful in borrowing hundreds of thousands of dollars, will go out of existence on Saturday or Tuesday next. The directors have consented to the sale of the institution to the Cleveland Trust company.

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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.

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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."

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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."