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Show NOTHING IS LEFT m mm Mythical Estate of Mrs, CMwick, Property in Sight Will Figure Fig-ure Up 1 1-2 Mills on Dollar. Some Doubt as to Whether Forgory Charge Will Hold on Car-negio Car-negio Note. CLEVELAND, Dec. 11. According to tho rnost nccurato estimate of tho estato of Mrs. Chndwlck that Is posslblo beforo tho receiver -has investigated her assets and reported hla findings lo tho. court, her creditors as n wholo will receive about ono and ono-half nilUs on the dollar. dol-lar. What lendn additional Interest to thlH showing from tho creditors' standpoint Is that ono man, Irl Reynolds, will receive re-ceive tho wholo of tho assets visible nt tho present time. Thero may bo funds In roservo aomowhere, as thero may be additional creditors who havo not yet announced an-nounced that Mrs. Chadwlck 13 Indebted to thorn, but it is not oxpected by bank-ors bank-ors and attorneys of this city who havo the greatest knowlcdgo of her nffalrs. that any moro largo loans will be developed.- Extent of Operations. Tho extent of her operations is now believed be-lieved to bo approximately ns follows: Secured from Citizens' National bank of Oberlsn and various sources In and nbout Lorain county, O., $500,000; borrowed bor-rowed from business men In Pittsburg, ?o00,000: borrowed from Herbert D. Newton. New-ton. $190,000. Total. $1,190,000. Against this stands security of known valuo on one note amounting to $100, which la held by lrl Reynolds. The amount of monoy received by Mrs. Chadwlck in Pittsburg may run as high as $00,000, but It Is bollovcd that a portion por-tion of this sum 19 a honus promlsrd by her for an original loan of at lenst T500,-000. T500,-000. Her creditor there figures that sho Is indebted to him for tho larger amount, whllo she has admitted that sho owes $.V.0CO If her dibt In this direction Is $&K).000. the probabilities In sight for tho creditors is about ono and ohc-fifth mills on tho dollar. Carnegie Securities Worthless. It is not belluvcd by any of the attorneys attor-neys in tho caso that Carnegie- securities securi-ties will bo of any account whatever. If they do at any time reveal valuo other than that of so many cenls per pound Of wlllfft nnni'V tho rlrtllr'l'if nf thn Inwunra will bo comparable only to their amaze-nunt. amaze-nunt. and Inst now they are anticipating anticipat-ing neither pleasure nor astonishment. The caso of Mrs. Chudwlck will tomorrow tomor-row morning be brought beforo tho grand Jury of Cuyahoga county. Tho Investigation Investiga-tion will extend only to the alleged forgeries for-geries of tho Carnegie notes and a report from the Jury Is expected not later than Tuesday. It Is the opinion of soino of the leading attorne3 of Cleveland Hint a charge of forgery cannot be mado to hold In connection con-nection with notes. Thoy declare that It Is nt act of forgcrv for one person to write ll-.es namo of another, but that the offense lies in the attempt to negotiate Bucli a signature for a specified value. Didn't Try to Sell Notes. This, they say. thero Is so far no cvl-denco cvl-denco that Mrs. Chadwlck hns done. She has not sold nor attempted to sell tho notes for cash. She has not said thnt she would be glad to obtan monoy In echango for thorn. She naa obtained money from various sources oji the .itatc-mtnt .itatc-mtnt of Irl Reynolds that sho, to -th.j best of his knowledge nnd belief, held securities of a certain valuo, and whether bo proves correct or othcrwiso in his value of tho notes, thero can be no doubt that Mr. Reynolds bollovcd what ho said. Thero has been, according to tho attorneys, at-torneys, no evidence so far obtained showing that Mrs. Chadwlck obtained mcnov on these notes In any other manner man-ner than through the attestation of Irl Reynolds that ho had seen the notes and considered them good. If any man lent money to Mrs. Chadwlck Chad-wlck according to tho strength of bis belief lrt the ability of Mr. Revnolds to judgo accurately of the value of securities, securi-ties, then the affair, according to tho attorneys at-torneys who hold this view of tho caso. Is ono that rests only between that man and his own hard luck. May Be Other Charges. Other charges may bo brought home to her. they declare, but In their opinion it v111 be somewhat difficult to punish her for forgery In connsctlcn with the Car-ncGle Car-ncGle notes unless It can be shown that she endeavored to negotiate them. This apparently, is th-j opinion of Iho Lorain county grand Jury, which failed to return re-turn an Indictment against her. The loan of $800,000 said to liavo been received by Mrs. Chadwlck In Pittsburg, or from a man residing in that city. Is declared to have been node to hr by a niultl-mllllonnlro manufacturer of that city. Mrs. Chadwlck, In discussing this statement, declared that sho did owo him $500,000, but not $$00,000. Tho qupstlon of tho rival receivers will be settled tomorrow morning at 9.30,-In tho office of Nathan Looser, who was appointed ap-pointed by tho United States District court to take charco of the Chadwlck sccurltlos. Receiver Herbert "U Boll who was appointed by Judge Babcock of the Common Pleas court, Is expected to call with his attorneys upon Receiver Locsor at that hour and withdraw from tho position. Mr. Bull declared this afternoon, however, how-ever, that It was not absolutely certain that ho would resign. "I shall do as my attorneys think best," he declared "but I presume the matter will no adjusted In the moniing." First Receiver Confident. Receiver Loeser Is confidont that ho will be left, under the direction of court In charge of such assets as Mrs Chadwlck Chad-wlck 3 estato may develop. "J am to meet Mr Bell and his attorneys attor-neys tomorrow morning, and I have been told that the matter will bo settled amicably. I have no doubt that my appointment ap-pointment as receiver "will stand." Dr. Charles A. Katon, pastor of the Euclid Bnptlst church, whose namo has L'oen muiuloned In tho Chadwlck case, nnd through whoso good offices tho woman wo-man managed to recelvo a hearing from Herbert Newton of Boston, occupied hla pulpit n.j usual today. Dr. Eaton mado no reference, although It had been rumored ru-mored that he might do so, to tho Chnd-wlck Chnd-wlck nffalr. Ho feels keenly tho publicity pub-licity given h!o connection with tho matter mat-ter and herotoforo hao refused to mako any comment. Laton said tonight ho could best explain ex-plain bis connection with tho matter by cilotlng from nn Iniorviow- with Banker Newton, from whom Mrs. Chadwlck secured se-cured a largo sum. In that statement Backer Nowton told how ho becamo financially involved, referring to tho Latons an follows. "I bcljevo that both Batons nctcd In pt-rfect 'good faith In tho Introduction, and that their confidences were n bused, ns woro tho confidences of many other persons." Tho Introduction of Mrs. Chadwlck to Mr. Newton referred to resulted from a lottor from Dr. Eaton to his brother, John E. Kntdn who presented tho wo-n.an wo-n.an at Newton's bank. Said Sho Wa3 Carnegie's Daughter.. Secrotary lrl Reynolds of tho Wado-Park Wado-Park bank declared tonight that his Im-n Im-n licit belief In tho ptatomonta made to him by Mrs. Chadwlck, in which sho declared de-clared herself to be tho daughter of Andrew An-drew Carnegie, was tho Impelling causo of his financial dealings with hor. "She told me." said Mr. Roynolds, "thnt sho was tho Illegitimate daughter of Aji-drow Aji-drow Carnegie, and I believed her I never doubted her story until on tho occasion oc-casion of my last visit lo New York, when Mr. Squlro camo to mo and declared that nil tho securities she had given mo aa tho notes of Andrew Carnegie wero Worthless. It was only then that I doubted hor. "Eeforo thnt I had' rofused to say anything any-thing about her or her affairs becauso I deemed It my duty to protect her In tho Storv Of her hlrtli ns nh, hn.l clvnn It In me. I novor onco doubted her until I was shown that tho securities sho gavo mo woro worthless. Aftor that, of course, I could not bellevo her any more. "Wlion sho told mo tho utory of being tho daughter daugh-ter of Andrew Carnegie, hor husband, Dr. Chadwlck, was present and ho bollovcd tho story, ns I did. Tho stories of her giving largo sums of monoy to her husband hus-band nro false, llo Is now In Europo and Is penniless. Offered Notes as Gift. "Just to show tho methods of Mrs. Chadwlck, I will toll of what sho offered to do for mo about a year ago. Sho camo to mo In my office hero and said sho was grateful for all that I had done for her. and that she wished mo to accept a present pres-ent from her. Sho then offered mo $100,-000 $100,-000 In fodr notes of $25,009 each. Tho notes wero drawn by her. and oho declared de-clared that they woro as good as gold. "They may have been, for T know that hor notes for similar amounts had been negotiated in banks in this city and had been taken up at maturity. Of course, ns an officer of tho bank I could not accept ac-cept such a present and remain in tho Institution. I was compelled cither to ro-slgn ro-slgn or docllno the present, and I declined tho notes." Tho directors of tho Wado-Park bank have to a man detormlncd to stand by Secrotary Roynolds and Insist that he ro-mnln ro-mnln with tho bank. Ho has offered re-poatedly re-poatedly to resign during tho last two weeks, but tho directors havo refused to accept tho resignation, and dcclaro that he shall retain his position. To Keep Her in Jail. Both tho Federal nnd Klnfo nuMinHtlj hayo united In tho determination to keep Mrs. Chadwlck behind prison bare until sho IS brought beforo either tho Federal grand Jury or tho grand jury of this county to answer to tho charges against her. Tho determination emphatically to resist Mrs. Chadwlck'a release on a ball bond was reached today after a telephone conforenco between United States District Kcolor. Following the conference Mr. Sullivan wired the Now York officers suggesting that If bondsmon appear for Mrs. Chadwlck Chad-wlck tomorrow tho amount of bond In which she Is now held bo increased to $25,000 and $50,000 if necessary to keep hor in Jail. It Is explained that tho authorities authori-ties havo power either to Incroaao or do-creaso do-creaso tho amount of bond as thoy seo fit. In addition to suggesting a bond In-creaso In-creaso and the kind of bond, other stops have been taken calculated absolutely to prevent Mrs. Chadwlck from securing her freedom beforo sho has been brought to trial. |