The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1891-07-01
/ SHORT TERM ORDER.
=. Considerable Trouble and It's
Funds in Bank Attached.
TIE LOCAL MANAGER EXPLAINS
,,,r rho Claims Arose and That His
schemc was Mistake, but not a
swindlc .- 100 Cleveland Policy
folders the suitors---A bold Scheme
Shown up.

SHOWN W.
Yesterday E. H. Eggleston, of Cleve-
,aJ an attorney.at-law, arrived in this
t -. with a lot of claims against the
~ T,,,ernity Of Financial Cooperation, a
anccra that has been doing a flourish
t.,bn.iucss in six-month endowmcnts
=; ~ nom in the Reilly block. Mr..
r.,I..,ou at once consulted with Frs
tirc & Allison, and with them as CO.
s,rnsel. brought suit in chancery in the
Cirpit court for the amount of the
= sim., sbout $500. The suit is based
nn,r iii, assumption that the concern
i4s incurred fraudulent debts. Later,
r ,,r the ground that the Fra
.trnitv Is 4 foreign corporation,
" attachment was issued OIL $1,000
= tbc Fraternity's money in the
lands OF the Exchange Bank. A re-
, rr Of the INrrLLIGENcER called at
ite office Of Erskine x Allison and met
NJ Allison and Mr.. Eggleston. but
%"r both refused to talk about the
s,,i,cr .p:ther than TO say that they
- -la, policy holders in the Fra
Unity ard that they Ind hopes that
.Sey would he able to make q satisfac-
Avn Avn settlement without the matter go
mo- mo- 10 court. They were anxious that
--d;bino he said about it, tho fear being
;la; the publication of tho details
Tord make the Fraternity reckless
sgi break up the chance OF O settle
nelt.
CANE FROM PHILADELPHIA.
Trm other sources it was learned
That lie Fraternity formerly operated
IN Philadelphia under New Jersey
ri,rter and was closed up there by
JnIre Butler, he declaring the New
jsr.ey charter insufficient to do bust
ress under in Pennsylvania. Charles
Dcllmey is Supreme Treasurer and L.
Winfield LukGns Supreme Secretary.
The Plaintiffs in the present suit hold
bltihe corporation has no charter in
West Virginia, and on the grounds Of
il. being foreign corporation were
Eyen m attachment. Judge J.J. Jacob,
he attorney for the Fraternity, says it
bas charter in West Virginia and that
be obtained it for the corpoTtors.
A reporter called at the Hotel Wind
,or and had talk with j. F. Fouse, the
local head OF the concern. He said that
Me fraternity has been doing a strong
business, and has paid ont over $500, 900
in matured certificates. The present
trouble, he said, came about in this way:
In Cleveland, o., the Fraternity had
about fifty local branches, a branch being
number OF members organized and
employing secretary to attend to its
affairs. William Pate, q prominent pol
i;ician, formed a branch, including in
It. membership large number of bus
iness men. When the time came for
the payment Of the assessment due May
lSarivei, u check for the amount was
received in due time. The check was
deposited in bank and after two days
returned, Mr.. Pate having stopped its
payment. A letter was sent Mr.. Pate
liking why the check was dishonored,
and he answered that his local
bnnCh had ordered him not to pay the
assessment.
FORFEITED THEIR CLAIMS.
There were something over forty
Members in that local branch and all
lat few OF them allowed their
certificates to lapse by non-payment OF
as'ts:ments. Some of the members
sent their money as individuals to the
Supreme Treasurer and arc still in good
Standing. The members who refused
10 pay the assessments are the ones
now sGeing. Mr.. Fouse said they had
no hight to any money; no more than a
man who forieits life insurance policy
~ non payment of premium. Mr..
tanse also stated that the plan of the
association was q failure and that they
We've winding it up as rapidly rs posi-
DE- They were paying 500 in six
months Tor assessments amounting to
~ They had found that the number
Of !lap'es would not cover it, the time
being too short. at is q mistake and
moi q fraud, said Mr.. Fouse, "and am
sum We will be able to pay out every
Certificate, but it will leave nothing.
Ihe fraternity has been managed and
operated on the most economical plan,
9ut i will rot pay the men who are at
the head Oiit.T
lie further said that experience has
SHOWN him that an association that
would call in $50 in assessments in n
!earand pay out Sl0O, would pay nicely
On the !apses and iorieitures and could
Y Y made TO pay big. He said the
fraternity has paid out over $500, 900
u Tue short time it has been in exist
s saCe and still had bank account of
S"gN a few weeks ago. Since then it
~ been paying out rapidly in the
a'ort to wind up its affairs, and now
y, - 2 !. credit OF about $4,000. He thinks
Y. %s fraternity can pay Off all the GER
~iraies !, has ont without the $4,000
~" under attachment. lie talked
sfy p!ausibly and said the concern
,oaIG close up its affairs in another
month"; leaving no creditors,
TIE OFFICIAL STATEMENT.
= Late last night reporter met Mr..
Esslc5ion and Mr.. Allison and found
s ,la. 'heiF reasons for desiring to pre-
tI si' publicity had vanished. They
S saa g consultation with tho "Frater-
ii'ly CHIEF hacker, Mr.. Lorin Cham
y IN, o. Philadelphia, and with his chief
" siaii' Thomas II. Hughes. These
Mh'icmcn were very indifferent to the
E t@,s q affairs, and talked fight. Mr..
n tiiii',s'ton therefore concluded to make
MI n,5 5hS information in his possession
ir.G1;9llc-andhc has enough documentary
ia1,ily Bible. '''1''' '''' s'N' u "
~; ~ ElTieston said tho claimants he
sJjjP,{senied indirectly were practically
Of Of ~, i,' members OF local division No. SO
tue TSa. maternity, and number about lis.
D .'y! have assigned their claims To
,r 5.ie' W. Harrison, in whose name the