Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-05-14
BET. AND ARE OUT.
Mr.. Samuel FOIWell Enters Suit to Re
cover Money Left with the
Bueket-ShOps.
He Looks at ssFutures" Through the
Medium of a Pair OF Green
Spectacles.

Mr.. Samuel Folwell and the bucket-shops
are out and have been ever since Mr.. Fol-
we'll lost his money in them. Yesterday the
war broke out again against the Brokerage
Association in sporadic case. Late in the
afternoon suit was fled by Folwell in the
Chaneery Court against the Tennessee Bro
kerage Association. The following state
charges in it are Mr.. FolwelPs own. He Gays
the defendants, by fraud, wrong, and without
legal or valid consideration, have In the
last twenty four months received and now
detain from him the large sum of $4,000.
They received $1,000 in the last three months.
He states that they
ENGAGE IN A FICTITIOUS SCHEME
or device for buying or selling produce;
that under pretense of SO doing they have
induced many persons, himself among the
number, to leave on deposit with them large
sums of money to be employed in bona fde
buying and selling Of produce, including
cotton, wheat, corn, pork and bacon; that
they have transacted business in the last two
years amounting to millions, and with hun
dreds of people, in which they pretended to
buy and sell produce. Yet, in fact, no pur-
chase or sale ever took place; not a bale of
cotton, not bushel of wheat, not pound Of
pork or bacon was ever actually bought or
sold, nor was there on their part any inten-
a false pretense. They
PUBLISHED TO THE WHOLE WORLD
a fattering account of fair and bona Fde deal
ing, giving statistics, many facts, numerous
transactions with satisfactory results
and great gains, some as high as ten to
one. In this way they entrapped hundreds
into dealing with them, and succeeded 10
getting large sums Of money left with them,
in good faiih to be used in actual business
I a
complete, they had certain pretended deal
ers who apparently made profits, to act as
"decoys" to the great mass
WITHIN THE MEsHEs
of their well-laid and plausible scheme OF
dealing in pretenses and fctions. They
claim that they are an important arm and
auxiliary of real trade and progress, and
forward step in a healthy, bona fde way, and
that no good citiz,n will sue to get back the
money that they procured for him by their
devices. The complainant left his money
with the defendants under the belief that
they conducted lawful and bona fde bust
ness; that they violated no public policy
and no law; that the business was what it
purported and professed to be. He
READ THE LITTLE VOLUME,
entitled, lStati ties # Cotton, Gram and Pro
ris ons, edition of October 1881, presented by
the Tennessee Brokerage Association, No %
North College strt ct, Nashville, Tenn; No.
Madison street, Memphis, Tenn, an add
mirable little work which has lawful bust
ness air, and might we'll deceive the very
elect, and which they used in entrapping
their victims. He charges that their pur-
poses are contrary to public policy; that
they do business on wagering; that their pre-
tended charter ia device and fraud; that
they artfully clothe it with the outward
forms OF contracts, the more effectually to
hide the hollowness and illegality and sham
nature of the business within; that they have
been arraigned in the Criminal Court and
escaped conviction because of the artful
way in which they conceal the real nature Of
their business; that other tfforis are being
made to expose their illegal methods, and
which he says will finally succeed.
The complainant says there are many
others in his class.