The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1888-02-09
LIFE IN DAKOTA.
How . Plucked Goose Proposes 30 IL
Even with the World.

now y RluCk00 dOO00 PfOpO800 % lb0t
Evon with the World.
We stopped over Sunday at Yank-
ton. Dak.. camping just above town.
near the Missouri river. We went to
hotel for dinner. and afterward lgot
quite well acquainted with man who
was boarding there, who said that his
name was Parsonby. He was slightly
seedy in appearance. and very COM
municative.
'They may say what they please
about Dakota being such remarkable
country to get rich in. said Parsonby,
''but I haven't found it that way SO
far"
What business have you been IMP"
'..rve had my money invested in
stock comp anies mostly" he replied.
when came out here six months
ago l brought $l0 900 with me. I
wanted to put it where tho returns
would be sure, II not large. so Hooked
around for stock in some legitimate
enterprises managed by prominent
and conservative men,"
"Were you misled in making your
investments, Mr. Parsonbyp"
''Some-Iput it mild. What fooled
me was the titles of the officers Of the
companies. Stock in a fire-insurance
company was offered me, and when I
saw there was General at the head
Of it, Colonel for vice-president, an
honorable for treasurer and four
judges on the board of directors, I
took $4,000 of it. The company
busted higher than Gilderoy's kite
early the next week. In tho mean.
time I had put another 80, 600 in a
gold-mining company with Senator
for president a Major for vice-presi-
dent. another honorable for secretary,
and board of direc ors consisting of
one Commodore and six judges. I
have since discovered that the com.
pany doesn't even own any land to
sink shaft on. Shortly after my
attention was attracted to railroad
company with a Governor for
a president and no other officers
lower than Major. and so
put in 81. .0OO It was only few
days ago that found out that the
company had busted over a week
before I bought the stock. Then a
judge, who was treasurer of::a life-in-
suran ce company, introduced himself
and showed mo that his company had
an ex-foreign Minister for president,
and professor, two Captains, and the
rest judges for the board of directors,
and I put in another 81. 900; but he
ran away to Cana ada with my money
and l never got my stock, which was
no matter, however-ths company has
since gone up. then turned to a
town-site company, with an ex-Cabinet
officer for president, Senator for
treasure, and board of directors con-
sisting OF seven straight judges, and
bought block of stock for 81, 500. ]
paid $500 assess ments during the sum-
mer. and ten days ago found out it
was a fraud. I shall not bring suit
against it, as understood it would be
tried before one of the judges on the
board of directors. Miscellaneous in
vestments in an improvement company
officered exclusively by Lieutenant
| GOVeruOrSs Ill Hall Insurance com.
pany managed by four Generals and
four Senators, and in silver mining
company under the control of nine
men with different titles, ranging
from Admiral to Lieutenant took the
balance of my money. 1t has been
expensive. but l believe it has taught
mo n lesson"
Then you are not discouraged. Mr..
Parsonbyp'
mo, SIR" he replied. as he arose
and smoothered the wrinkles out of his
pantaloons and threw back his shoul-
ders; ''no, sir am not. You behold
before you. my dear sir. Governor
Parsonby, late General Parsonby, and
candidate for Senator, president and
treasurer of tho Dakota Territorial
Cyclone Insurance Company. capita
$1,000. 900. shares from 81 to $500, &C
cording to the size Of the pile of the
inventory! just you wait couple O
weeks till the fall rush of Eastern capi
talists looking for investments begins
and If you don't see old Ben Parsonby
get back that $40. 900 then, + M goat. .
IF IL Carruth. in Chicago Tribune.