Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-07-22
EASTERN MONEY GONE.
all Swallowed Up in a Visionary
Scheme of a Modern Pullman.
HOME CAPITALISTS MORE WARY.
The Company Proposed to Build Cars Proof
Against Wreck.
NOTED PUBLIC MEN ARE INTERESTED
ESPECIAL TELEGRAM TO THE DIsPATcH.1

rsPECIAL TELEGRAM TO THE DIsPATCH.1
BRADFORD, July 21.-Several months ago J.
w. Post visionary inventor, came here
and agitated the establishment of gigantic
car factory in this city. Thousands of acres
of land we're bought from the farmers sur
rounding the place and:the stock of the COM
pany was placed where 1t brought the best
results the intention being to build a
town like Pullman. The car that Post in
vented was an indestructible steel con-
trivance that was to pass through any acci-
dent uninjured. He exhibited model of
his invention and explained its points, and
his scheme was looked upon with favor.
Hon. Lewis Emery, Jr., Colonel A. l. Wilcox
and other prominent men subscribed for
large blocks of stock. The amount SUBJ
scribed for by local capital ran up to some-
thing like $4,000, but it was all taken under
conditions that it was not TO be paid in until
the enterprise had taken on a tangible and
DuSiness-like form.
Owing to that proviso they are not in the
present collapse of the concern, which has
now become matter of public notice.
Many Eastern capitalists, however, were
greatly taken by the scheme and subscribed
literally without waiting for Developments
York, Buffalo and other cities amount
ing to slsOOcO, all paid in. When
this much stock was placed the
management secured the services
to take charge of the business here. This
gentleman came here, set up an elegant
Office and took rooms at a high-priced hotel
for himself, his clerks and his family. He
cut quite figure here for the past four
months, but now has startled the COM
munity by ouncing that the tubular car
enterprise is dead: took his Office fixtures,
and with his family left for Philadelphia.
Then came the inforIpation from Mr.. Post,
the inventor of the process, that Briean had
swindled the company out of immense sums
of money. Briean retaliated by laying the
blame on Post. The stockholders had put
$lS0GO cash into the concern, and were all
a. sea as to who had the money. Post had a
warrant issued for the arrest of Briean, and
placed it in the hands of Inspector Byrnes,
of New York. In the warrant Briean was
charged with grand larceny. Briean came
here last evening, and Inspector Byrnes wired
Chief Frawley, of this city, to arrest him, at
the same time giving an accurate descrip-
ley failed to arrest him, and when asked
why, coolly replied that he had no warrant
and did not care to arrest him on tele-
gram Briean was accompanied by three
friends, named W. C. Doll, John Virgins
and j. s. Stevens, presumably stockholders
in the concern. They all left for Buffalo
last night. Briean intending to visit Mr..
Perine, the father-in-law, or rather step
father-in-law, of Grover Cleveland.
Late tonight q telegram was received that
Briean was arrested just as he was prepar-
Post will be arrested tomorrow in New
York at the instance of Briean and his
friends. The stockholders and managers of
the concern are all at war, and IN investiga-
tion will soon disclose what has become of
the $1S0000.