, 1889-09-14
BOUGHT BOGUS BONDS.
How Cheyenne Men Invested in For
eign Securities.
A ShreWd SWindIer Secures Sew
eral Victims.
Horner's st. Louis Banking House
a Fraud.

Chas. Huerline, a plausible, smooth
tongued, loauacious and well conditioned
individual, keener by far than the ideal
successful drummer, and arrayed in costly
fabrics fashioned in the latest stvle with
pure water stones for ornaments and a
big Juggerson watch at the end OF heavy
chain. registered at the Inter Ocean a
couple of weeks ago. He quietly an
nounced that he was private agent for L.
H. Horner's banking and brokerage estab-
lishment at 220 North Broadway, st.
Louis, and that he desired to market in
Cheyenne, to business men only and with
out publicity, an issue of German Aus
trian bonds. These securities were better
by far han United States treasury notes.
They could be purchased on the install
ment plan. This was the explanation
Of Huerline in detail.
You accept the bond and pay IS a
month until 5000 stands to the purchas-
er's credit. The instrument is then your
property absolutely. From the first you
receive gratis. regularly. tickets in the
lottery in Austria. Drawings occur thir-
ty-six times annually, and cash prizes
range from $50 to $500, 600. Max Meyer
a prominent business man OF Omaha,
held a bond, and had recently drawn
$1,000, and the names of several New
York people who had become wealthy 10y
securing bonds were given. If at any
time the owner desired to surrender his
holding or was unable from any cause
whatever to meet a payment, the bond
could be surrendered. and not only would
the aggregate sum paid in be refunded
but accrued interest would accompany it
After maturity the owner receives 81 a
month on the investment.
The bond business as outlined by Huer-
line charmed everyone inclined to mild
speculation. One of the first to secure
a bond, autographed in court Austrian and
on the heaviest liner paper, was an at
tache of the hotel at which the special
agent lodged. When the pleasant excite
ment incident to the plunge into the
swim had subsidized. the ambitious hotel
man gave himself to a few minutes sober
reflection and mental calculation. Being
rather shrewd and world wise he easily
reached the conclusion that he had been
vlctimized. The suspicious OF the hotel
man were communicated to CO investors
and a council of war was convened. The
inn employe was deputed to open CORES
pondence with TIE references given by
Huerline. Max Meyer. of Omaha.
promptly responded hat he never boosted
proprietorship of one of the German-Aus-
TRAN bonds, but had every reason to be-
lieve hat Homer was a swindler.
Banker Horner was informed of the
result of this inquiry and answered that
Huerline was acting in violation of posi-
tive orders when he divulged the names
of bondholders.
In the meantime a gentleman con-
nected with a clothing house here had
written a New York friend about his en-.
trance upon a favorable career. The friend,
in answering said that Horner had moved
West after being exposed in New York
as a robber.
The Cheyenne contigent now became
active. One of the contributors drew a
sight draft on Horner for 81. so. allowing
the st. Louis banker SO cents for his
trouble. 1t was returned unpaid. A
letter making bitter complaint brought a
response, but it was entirely foreign to
the subject and wholly unsatisfactory.
This may and may not end the story.
Perhaps thirty to forty Cheyenne people
were mulcted and they are keen for re-
venge or cash. The postal authorities
may take a hand. Every effort will be
made to punish the swindIers.
Huerline has gone West.