The Bottineau pioneer. (Bottineau, N.D.) 1885-1895, 1892-02-20

= AuoW AC CO1SIOlS auu Y 10.
Hoping you may be the means O,
Graduating this evil,
lam
Yours Very Truly;
This one from New York.
Dear Sir.
We are glad to see In the 'Pio'
neer'' an exp ,sure Of E. Aehiey
Mears and his contemplate method.
for robbing the public. In your
reference to his usurious mortgage
operations and cursed schemes fol
depriving the farmers of their homes
by coupon foreclosures with from
500 to $500 attorney fees &c. you
do not reach the deep s~ounlings Of
his villainy in fact, the truth is bu,
half told. Eastern parties have been
made to su Ter. A gentleman bought
a mortgage from The Mortgage Bank
and Investment Co, OF Fargo. The
application represented a we'll cult.
waited farm owned AMI worked by an
industrious man who had ''cLme to
stay and recommended in the most
oily terms by E. Ashley Mears. A
few coupons were paid in the usual
manner, five days in ad, ance, having
the effect to establish confidence and
the sale of other mortgages. After
the suspension of interest payments,
an investigation showed that the
land had been deserted Immediately
after the loan was made. Ar other
party holding one Of his death. bed
securities" Of $3.50. on which the in.
terest was paid at the drop If the
hat" for a brief period, Len .nsd tina,
the owner Of the land received 800
Such a scoundrel wants roasting and
that you will keep your even bot is
the Wish Of many eastern men, wid.
ows aud orphans.
Yours Very iraly
"The plaintiff is a man who by
his damnable practices has become
recognized by all reputable persons
who know him as q notorious shark
These we're the words rsed by an
attorney in a Chicago court recently,
concerning a banker who had made
at n turn $4,000.
Objection being urged by the
bankers attorney to the use of such
the court, Judge Ket.
telle, overruled the objection and
allowed him to proceed, and he did
proceed with rather hot language.
Eyes, gentlemen, I repeat ia no.
trrious shark" he said. "And before
l have finished my argument in this
case I will convince you that the
evidence bears me out in making the
Do you know the kind
Of business this bank has been doing,
gentlemen? The evidence shows
that the bank has made a practice OF
.extorting a. high as 80 per cent in.
from its customers on loans
made them and that is why I claim
to be right when I stand here and
call Daniel II. TOlman q notorious
1t is on account of such
dealings that every honest and de-
cent person " 10 knows about them
and hates Tolman."
What words are adequate to ex.
press the hatred and contempt of
every honest and decent person to
whom are familiar the practices Of
r.. Ashley Mears! who is not satisfied
with 81 per cent but EFFORTS from
his victims al high as ten per cent y
or 1870 per cent! interest per
annum.
And here il = statement Of how things
are done downss Edgeley. The transaetion
Ia volved il . small one - to money but
ranks with the dsspss. in usurious cunning.
1t - taken from the Edgslsy Nail.
Gsultlop Muller, . Russian living II
Logan county. vas IN town tuesday, trying
TO get . settlement with the bank, and -
case 10 ouly . sam ,le III the many all
the state, who have fallen into the
power Of E. A. Mssrs. it might not DO out
Of place 70 publish the particulars. and let
the psuple OF kdgeiey, st least. know what
kind VI . cooperation they have 70 deal with,
il indeed, they need ~ be told.
Tv . years ago last summer Muller bor-
rowsd ten dollars Ut the bank. and agreed
to pay it ~ soon ~ his crop WAS thrsshsd
in she fall. but ~ hs had y faiiurs, he was
compelled to give . note sud mortgage on
some stock 10 secure it. The note aud
mortgage was given for SIS without in
tsrest, until isli. tut when hs came in ~
s~sflo an th~v xvaot ~ him N man era