Shares of Electrical Glass Corp. Stock Not Embezzled by Fessenden

[Newspaper]

Publication: The Boston Daily Globe

Boston, MA, United States
vol. 37, no. 109, p. 4, col. 7


FESSENDEN RELEASED


From Tombs to Murray Hill Hotel.


Eager to Return to Boston and Face Charges, He Says.


Claims That Jenkins Owes Him Money - Aid Offered Him.


NEW YORK, April 18. - Treasurer Samuel Fessenden of the Cape Cod Ship Canal Company was released from the Tombs today and is at the Murray Hill Hotel. Many friends have called on him and given expressions of sympathy.

He has been promised financial assistance from reliable parties.

Mrs. Fessenden and daughter, who have been West to attend the funeral of Mrs. Fessenden's mother-in-law, have joined Mr. Fessenden.

Fessenden said tonight:

"The whole thing from the beginning to end is nothing more or less than a persistent persecution of an innocent man. That man Jenkins threatened to have me arrested several times while I was in Boston, and I declined to get out or put any obstructions in his way. I will give him satisfaction in any way that he desires.

"The night I was arrested here I was eager and willing to return immediately to Boston and face the charges, but the officer preferred to arrest me and put me in the tombs. I have received numbers of telegrams from influential friends in Boston and Washington proffering me any assistance that I might need, but I have declined them all.

"I came to New York in answer to a business telegram, and did not come as has been stated on account of my health or to escape Jenkins. In the course of a week my business will have been settled here, and I shall return to Boston."

Fessenden claims that Jenkins owes him money, instead of his owing Jenkins. He says:

"I have always been ready and willing to return him anything I have of his when he returns my notes and papers. This I have repeatedly told him in person and have sent word and written him about it."

His statement of his transaction with Jenkins is as follows:

"I have 400 shares of Electrical Gas [sic] Glass Company stock of Jenkins, which he gave to me and wanted me to either buy or sell for $500, the balance of the amount over that to come to me, and the Electrical Gas [sic] Glass Corporation required me to purchase the stock and they would purchase from me. Later on they asked me to wait two or three weeks, but to be sure and hold the stock so as Jenkins could not 'hawk' it about as he was doing. Then I loaned him $150 upon the stock and raised money upon his note with my indorsement [sic] endorsement, which will be in my possession the first hour I arrive in Boston."

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Keywords:Electrical Glass Corporation : Pennycuick
Researcher notes: 
Supplemental information: 
Researcher:Bob Stahr
Date completed:December 31, 2007 by: David Wiecek;