The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-02-13
DASHING DICK"
Raoul Mandelbanm Has Departed
for Australia.
The Reckless Career of a Gay Young LIQUOR
Merchant Causes Him to Leave His
Firm in the LUrch.

reckless patronage and splurging operations.
He was member of the liquor commits
sion firm of F. Mandelbaum & Sons, and his
reckless and varied gambling operations
have temporarily forced that firm to the
wall, the liabilities being estimated at from
$140 900 to $4,000.
The gay young man was seen to board the
steamer Monowai last Saturday. and is now
on the ocean en- route to the Antipodes. At
that time little attention was paid to his de-
parture, as it was thought he had gone on a
business trip and would probably return on
| the next steamer.
The following morning letter arrived at
| the Mandelbaum residence, 1901 Scott street.
| 1t was addressed to his aged mother aud in
formed her that he had left for Australia
| and would never return, because he was in
| "a peck OF trouble"
His departure was brought forcibly 10 the
| attention of The public yesterday by the as
| sets of the firm being attached by the Lon
| don, Paris and American Bank.
AN oLD-EsTABLIsHED BUSINESS.
| The business in which the missing man
had third interest was established in 1864
| by francis Mandeiblum, his father. The
| TWO sous, FieSco aud Raou, were taken into
| partnership in 1884, after the death of their
father. Mrs. Louise Mandelbaum, the
| widow, also had third interest in the firm.
! Previous to entering into partnership Raoul
| was during his career as drummer" that
| he acquired the festive habit that finally
| caused his downfall
The firm formerly conducted store on
| Sacramento street and carried heavy stock
| In September, 1858. the store was abandoned
| and offices taken at Suffer street. After
| that time they held no goods except in
| bond and delivered liquors from the ware
houses on receipt of coin, which should have
| been forwarded TO Eastern shippers. 1t is
now said that the failure of the Junior mem
Der to forward these payments to Eastern
| dlStlllers Is the principal cause of the firms
| present embarrassment.
THE SENIOR PARTNER ABSENT.
FieScO Mandebaum, the elder brother,
| has for some time been in Cincinnati, Ohio
! on business for the firm, and left Raoul to
| attend to affairs here. How well he attend
| ed TO business is shown by the fact that he
made away with all the available funds.
| Years Of reckless speculation, gambling and
| dissipation had made Raoul somewhat des,.
| perate, and 1t was during his brother =
| last absence that he specialized more wildly
| than ever in the hope of recouping. Dur
| ing the past two weeks it is known that he
suffered unusually heavy losses in stock
specuations and in gambling.
Few II his acquantanceS around town
are much surprised at his departure. He
spent money SO lavishly on wine, women
and cards that his sporting friends often
banterngly asked If he ran private mint.
He also had a penchant for racing and fast
horses, and at one time possessed two
| bloOded animals. AT Napa colt that he
had been offered $4,000 for dropped dead
on the track while being driven by
trainer. The PAGER Peacock also belonged
to him, and that horse also died. "Dick "
was as well known at the race-tracks as he
was in the mbling-bouses and the pool
rooms. While travelling for his firm he was
known as one of 90 the speediest on the
road"
A WOMAN IN IT.
Saddest of all over Raoul Mandelbaum's
| departure Is the woman with whom he spent
his leisure time after being divorced from
his wife. She was rather pretty, but very
| expensive piece OF femininity. just before
| his departure on the steamer she intercepted
him at the wharf and begged to be allowed
| to share his exile in foreign cline. He was
| obdurate to her appeals, however, and with
much weeping she babe him farewell
His sudden departure left the firms al
| fairs in a rather complicated state. When a
| CALL reporter visited the Office OF f. Man
| delbaum ~ Sons yesterday afternoon the
| door was found to be locked. After repeated
| knocking it was opened few inches and a
man appeared. He refused Abundance,
| stating that the Office was not open for bust
ness at present. Upon being questioned he
addeu that he was clerk IN the Office, of
when at present there was no manager. He
| admitted suspension of the firm, but did not
| know whether or not the firm would resume
business. 1t was true, he said, that Raoul
| Mandelbaum, the junior partner had unex-
| pectediy departed for Australia and when
his TACT became known, some of the prinei-
| pal creditors insisted upon an investigation
| oil the books. The result OF the INQUIRY was
unknown to him. but he was sure no further
action regarding the business of the office
would be taken until the arrival of Fiesco
| Mandelbaum, senior member of the fiji IN,
| and manager OF the business, who has been
| Tor some weeks In Cincinnati. He had been
| Informed by telegraph of what had oc-
| CURED ana was expected home on Saturday.
CREDITORS AND SHORTAGE.
Henry Ach, of Rosenthal 81 Ach, corrob-
| GRATED the statement of the clei k and added
| that the investigation of the books of the
| firm had been undertaken by the London,
| Paris and American Bank in conjunction
! with A. III. BreckeDfeld and l.. Arnstein,
| all of whom were large creditors Mr..
| Ach, as attorney for the bank and for Mr.
| Arnstein. who is a brother-in-law Of the
| defauter, superintendent the investigation,
| which was undertaken on account of rumors
affecting the firms financial standing, but
mainly because there was no acting repre-
sentative OF the house in the city, The ex-
animation OF the books had been cursory.
the creditors preferrng to await the ar.
rival oil the senior partner, when the affairs
OF the firm will be rigidly scrutinized.
SO far as we have gone" he said. "we
ma debts amounting to $104,00O due the fol-
lowing creditors The London, Paris and
American Bank, about $l7, 600, all secured:
u. III. DIecbenleid, S4U,U00, Secured: l.,
! ArnStein, 1000, unsecured; d. w. Smith
y sons OF Cincinnati, $1,000, probably unse-
| cured.
! INDIscRIMINATE CREDITS.
The main cause OF the financial embar-
rassment OF the firm has been their indis
criminate credit given to unreliable ems
toners In the various towns on the Coast
Raoul Travelled for the house, and although
| not the only drummer, made very many IF
| the sales, and allowed much of the cre,lit
| given. Our investigation did n of ascertain
| the amount OF his personal defalcation from
the firm, but 1t could not have been large
! lie may owe considerable sums 10 his
| mother, brother and other relatives personS
ally, but OF TINS have as yet no knowledge.
L knew nothing OF his habits, and was not
! aware that he was a gambler. althonoh /
knew that he dabbled in stocks good deal
and l have heard that he was a heavy loser
In these speculati0ns / 40 not think ba
VIII be arrested, or that his friends will
take any action leading TO his Prosecution
Everything is undecided pending the arr.
val of Fiesco Mandelbaum, and | do nor
know whether OF not the firm will resuJna
business, on what terms the creditors will
offer him. ''i
DUE EASTERN HOUSES
1t Is said that considerable is also due
Eastern establishments of which the firm
lleid the Coast agency, Raphael Wein e.
Co., Stein, Simon 81 Co. and Hecht Bros. &
Co. p"
Should Ra0nl Mandelbaum return there is
little possibility of his being prosecuted for
his shortcomings, rs it is said that his in
debtedness will be Strengthened out by his
family, the Hechts and other wealthy rela.
tlyes. All the creditors Of the firm. il is
sad, VIII be paid dollar for dollar