The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1869-08-07
CRIME.
Reported Elipht Of u Newark Drv Goods
Dealer with SBO,OOU,

Dealer With SSO,O0T.
From m. NUdrk dGucrliscr, IUg &.
Moses Maybaum, Keeper Of q dry goods stsre, at
No. POP BrUomc street, corner of Court, suddenly
disappeared from this city on We lnesday night
after having "a Is alleged by his creditors, borrowed
from them over 100000. His credit among the bus-
ness men OF the same religious belief was un-
bounded, even 10 the day Of his departure, and no
suspicious Of the real state Of affairs existed
among them, until his sudden disappearance be
came known Yesterday morning. when 1t was found
that within the past fortnight he had borrowed
TO the above amount Of different parties, giving each
to unders and that he had other Indebtedness. In
each instance he proposed n give mortgage on
certain houses and lands, but investigation at the
COnrt ouse Yesterday revealed the fact that he had
already morRaged his real estate vaued at $4,000,
for some $4,000 more than IL was worth. or course
there great excitement amon2 his creditors,
of whom, Mr. Mendel Samuels, had loaned him
$4,000 but a few days ego. He was apparently donC
a very good business and some transactions in real
estate which he had recently made were known to
have been quite fortunate. Hence, when the fact
that he had ahscOndCd became known, the indigna-
ton of his duped creditors knew no bounds, and
"sWlndler, rascal, etc. were ieely uttered IN CON
necton with his name. OF Mr. MendCl Samuels, il
is alleged, he had borrowed S5OQO of Charles Rode
Bokofser $1,000, and of Ulrch SChencr, Joseph
Leibstein, Mayer Triest, John and Others, various
In consequence of the excitement which existed
among the creditors yesterday, no steps were taken
TO secure the $1,000 worth of goods remaining in the
store, and during last night they We're all removed
il is alleged under the orders Of Mrs. Maybaum and
| a clerk To-day however, the Interested parties
have said less and performed more, and it is pretty
generally thought that Maybaum viii oe arrested by
detectives who have been sent in pursuit Of him,
there is good reason for believing that he went
directly to Chicago No trace OF the goods has yet
been found, but hopes are expressed that they too
will he secured.
What Became of u PrOVfdent Brothers. Life
Insurance -'AOuey.
The Chicago Times has the tOllOwng:--
at has already been announced through the daily
papers of this city that the late Joseph NJ. Dake had
insurance policies upon his life to q very large
amount, $4,000 being the total sum III which he
was insured OF this s25OO was made ont in favor Of
his brother, Mi Moses W. Dake, who was at the
time OF Joseph Dakes death clerk 10 a store in Ra-
| cine, Wis Shortly after the death OF the latter
| Moses came to Chicago ana was paid
| the full amount due to him by the
| been insured. o. the money received by Mr. Dake,
| $500 was in fractional currency, ana the remainder
in two drafts upon New YORK bank for $1,000 each.
| This occurred a few days ago On the same night
| tnat the money was received Mr. Ddke visited the
| gambling house Of John Donaldson, near the corner
Of Randolph and Dearborn streets He first invested
the $500 worth of currency, ana lost that; and
| then, endorsing Of the drafts, he purchased u
| quantity OT chips, and began again. These checks
| soon melted away; and he then went through the
same operation with the remaining draft and finally
lost that also. He was now about as well or aS when
he left Racine, and accordingly took himself out OF
| the den TO ruminate upon his gullibity
| "IhG two drafts We're deposited the next day III
| the Firth National Bank of this city, but some OF
Mr. Dakes friends had beard OF his loss. ana inter
| fered to prevent payment They teegraphed to New
York, ordering that the paper should not be cashed
| until the matter was legally settled, and then ap-
| peaed to Commissioner Ellsworth Of the Board OF
| Police, for further advice and counsel.
| "Ihe result Is that regular proceedings have been
| instituted III the county court TO regain the drafts
and, although five hundred dollars OF the bequcst has
| been swallowed IL remains to he proven whether
| the law will sanction the pouring Of the remaining
| two thousand dollars into the same abyss