Hello Listers:
The following is all I have on Marshall.
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MARSHALL CRITTENDEN CADDELL :d. 23 Feb 1948, Harrodsburg, Mercer County,
KY.
MARSHALL CRITTENDEN CADDELL, son of Daniel and Frances B. (Rose) CADDELL
Jr., was born (13 Oct 1860) and raised in Whitley County, KY. He never
married.
Bill Caddell
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Mary wrote:
Marshall Crittenden Caddell
Newspaper Articles - name and date of paper not known
RAILWAY MAIL MAN WINS A FORTUNE IN WHEAT MARKET
The whirligig of luck in the wheat market has landed another humble
local worker in the ranks of the capitalists with a home on Easy street for
the rest of his life, according to accepted reports in the financial
district. A round $100,000 is the amount cleaned up in the deal and the
lucky chap credited with engineering that windfall is Railway Mail Clerk
M.C. Caddell, who is one of the veterans of the staff of Superintendent John
Clark.
Caddell was in the city yesterday, and is said to have received his
check for the hundred thousand. He did not show the interesting document to
his conferees of the railway mail nor tell the details of how he managed it.
He, however, smiling admitted that: "They are not far from it," when told
the report put his winnings at $100,000. He went out on the usual run with
mail between this city and Danville, Ky.
Caddell is a Kentuckian from Whitley County in that State, where he has
numerous relatives. He is said to have started his fling at wheat several
months ago and to have held steadily to his buyings until day before
yesterday, when the cereal reached 155, and he felt it was a good time to
close out. The broker who managed matter for him is reported to have made
$8,000 commissions by the transaction.
It was not the first time for Caddell to try his luck in the market.
His friends of the railway mail say he has several times before exercised
his forecasting powers, but never till now with such success.
Caddell has been in the Cincinnati railway mail service for nearly
twenty years. He is a bachelor. On Pioneer Street, where he makes his
home, and in that neighborhood he is familiarly known as "Cad," while among
the brokers his deals are operated under the name of Mr. Ryan.
Newspaper Article - name and date not known
FORTUNE MADE ON WHEAT RISE BY MAIL CLERK
According to reports in the financial district Thursday, M.C. Caddell, a
railway mail clerk, cleaned up about $100,000 in the sensational advance in
wheat prices in the Chicago wheat pit.
Caddell, it is said, has been buying wheat for months on margin, until
he became the holder of more than a half million bushels.
When the price jumped 11 cents Wednesday, Caddell closed out the bulk
of his holdings and took down his profits, it is said.
Caddell's gain, it is said, is the largest made in Cincinnati in years.
Caddell has been interested in the grain market for years. He
( ) Thursday to discuss his market operations.
Newspaper Article - name and date not known
FLYER IN WHEAT BRINGS FORTUNE
Special to the Banner.
Harrodsburg, Ky., November 23, --- While the rise in the price of wheat
has caused the housewife to look with dismay on the shrinking loaf, it has
caused M.C.Caudell, a mail clerk on the Queen & Cresecent to view with
delight his swelling fortunes.
Caudell, who has been drawing a salary of $1,200 a year, has just
cashed in winnings of $180,000. He took a chance, won and knew when to
quit.
Caudell had saved $1,200. He saw there was a great opportunity to make
money in wheat and went into the market with his savings. Having won on
this first venture he played his winnings back with such luck that he pulled
out $180,000 and has turned to the safer pastime of buying bluegrass farms.
He bought the William Spillman farm of 400 acres at $150 an acre. The
Meredith farm of 60 acres became his at $140 an acre. He bought the Reeves
farm for $27,000 and the Jones farm of 148 acres at $140 an acre. He is in
the market for more farms.
Newspaper Article - name and date not known
CADDELL WILL IS LONG DOCUMENT
At Termination Of Life Interest Of Heirs, All Estate Goes To Two Baptist
Institutions.
The will of the late M.C. Caddell is one of the longest probated in the
Mercer county court for some time. Howard Waggener, whom the testator terms
his "trusted" employee and friend," is devised all crops, livestock,
farm
implements and machinery on and in connection with his real estate in Mercer
county. The rest of the personality is to be converted into cash to pay
inheritance tax and debts. A brother, William Caddell, is left 200 (?)
acres for life, the front part with improvements of what is known as the
former John Nooe farm on the Dix river road, and at his death the property
passes to his two daughters jointly for life. All real estate in McCreary
and Whitley counties owned by the testator, is left absolutely to his
nephew, Alfred Smith Caddell, who also inherits all his Kentucky Utilities
stock.
All real estate owned in Mercer is devised to Howard Waggener "for his
natural life, or until 1962, whichever is shorter." He is to keep up all
properties in their present condition, pay taxes, repairs, replace damages
and keep the land built up by rotation of crops, and this also includes the
farm devised to William Caddell and daughters. There are a number of other
provisions in the will, which a codicil revokes. This codicil names the
Citizens Bank and Trust Company as administrator.
After the termination of all life interest and of the heirs and claims of
Waggener, the administrator is directed by the codicil to convert all
properties of whatever nature into cash and divide it equally between the
Kentucky Baptist children's Home at Glendale and the Baptist Clear Creek
Mountain Preachers School, the fund to be distributed by the Southern
Baptist "gifts from Marshall Crittenden Caddell." The will and codicil are
both dated June 1, 1939.
Mary Lou Hudson
Desc of Daniel Caddell and Celia Lovett
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