The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1871-11-09

Tuesdays San contained the pitiful sto-
ry of Samuel Oppenheimer Of Ludlow
street jail. Samuel, who is called the faith
er of the Marshalsea, Is one of the thirty
nine debtors to whom Judge Barnard in
tends to extend the hand of mercy on
Friday next. Samuers creditors consider
it their duty to punish him at any cost,
and IN proof of their sincerity say that
they have already expended $14 900 in
prosecuting him, without the slightest
hope of ever recovering a penny of the
$1,000 out of which they say he has
defrauded them Their labors have al
ready borne good fruit. One gentleman
informed the Sun reporter that he knows
three firms of young men who intended
to make fraudulent returns of their assets
in bankruptcy, but were deferred by the
example which has been made of Open
heimer. One of these young men having
given up all his assetts-about fifteen
cents on the dollar-was presented with a
purse of $1,000 by his New York credit.
Ors with which to start in business anew.
In order to set themselves right before
the public they have placed at the dispo-
sal of q Sun reporter all the afhdavits and
Court proceedings in his case. From these
the following extraordinary story has
been gathered; In Masslllon, Ohio, in 1869
there existed the firm of NJ. Oppenheimer
& Sons, dealers in clothing. The firm con-
sisted of Moses Oppenheimer, the father,
and Levi, Julius, and Samuel Oppenhei-
mer, the sons. Samuel, the subject of
this sketch, occupied a desk in the Office
of George A Davis &, Co., A Park place
in this city, as buyer.
A GIGANTIC swINDLE.
Toward the middle of that year the
Oppenhelmers concocted q scheme for
swindhng, which for boldness and extent
has probably never besn surpassed. Sam
uel was chosen to put the plan into prac-
tice. He began operations by purchasing
goods right and left, as much as their
firms credit would permit, on sixty days
time. These goods were shipped to Mas
sillon and converted into cash as soon as
| possible, no matter at what sacrifice
| When half the period was up he started on
another purchasing tour, and bought in
everything which the New York mer-
chants. would sell him on thirty days
time. These goods followed the others.
In return for both lots he gave the notes
of the firm, taking care that the sixty and
thirty day notes should mature about the
same time-during the month Of Novem
Der, 1869.
| IL inc Lu6du GlIllS ILc OppCuuc1LucIb uesO
pretty checks on the Union National Bank
of Massillon, Ohio, printed an. Open
heimer & Sons" in large letters on scroll
work neatly engraved along the side
When November came, Mr. Samuel set to
work energetIcally to carry the second
part of the swindle into effect The OPP
penheimers had credit with twenty-eight
wholesale clothiug houses in this city,
| from all of whom goods had been purchas-
ed on 90 or 60 days time As each note
matuted, Samuel filed out check on the
Union National Bank of Massillon, Ohio
for much larger sum than the face OF
the note called for This he tosk to his
creditor, paid the note with it and receiv-
ed the balance in check IRON the firm
which he Immediately cashed. He also
borrowed all the money he could, giving
checks on the Union National Bank Of
MassIllon, Ohio, as security. He worked
like Trojan during November. In three
days he collected between $4,000 and
$33, 600 in cash.