The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-03-11
PROMISED TO PAY DOUBLE.
SOME NEWARK I" COMMERCIAL" ENTER
PRIsES IN TROUBLE

Thsir rro.stsrs see~ DO Have Expected
Ola Subscribers TO Drop Out and New
Ones 70 Como Ia In SuAcient Numbers %
Keep the Coscerns Going-Arrests.
For little moro than year there have been
three or four enterprises in Newark managed
BY mon who promised In the start to give S35
worth OF merchandise for SIS or $40 in weekly
installments. They were Philadelphia enter
prises on the plan evolved there by Rice IT.
vine. and others. A lot OF young men were
induced 10 become agents. and made from 80
to $50 day by inducing friends to go into the
scheme. the agents getting the first dollar
paid by each subscriber as commission. At
first the companies paid $3.50 in cash or s35
in merchandise for the sum OF five or six
weekly payments. The period in which
the books issued to subscribers matured
lenRthened steadily until now nearly all OF the
subscribers have paid in the full amount and
are getting nothing. Many books in these
companies have been paid up to $50 with the
prospect Of getting only $3.50 in the end. and
the end ia not yet.
A suit was started last week against the Ma
tional Clothing and Merchandise Company and
was to have been tried yesterday. but was
postponed ut the request OF tho lawyer for the
company. This was the original company and
after running for while It was merged With I.
sumed the business Of the, old and enlisted
ss2SS sSns as h SS
could i pay ss5 icr somstSine H. SIS: because
beers sufficient to bear out the statement and
oxnosSef Of tSe compsniss, Is known as tn. the
Gommsrcial EnterGrtse: 1t was said THAT that
and spo
ity that everything would be paid up 70 the
Rstiently until they they had sunk much more than
the Certified chscE Exp pert, Insurance men
and others who took the trouble to figure the
end sS a Rs hss
ing entirely upon new subscriptions to pay
mnaturing 9bligat3ns. and we're building q. up
The Commercial EnterPrise had an 9fiics ION on
manager, He had a typewriter always on
nd hs at
when acertihcate holder came In with blood
In his and to Use a4rgs II nut nut
say y 's ma vsssr NJ
and his typewriter have heard some very un
pleasant words.
lars Se ns sHs sa
Jersey City and meet q Mr.. Foster. who would
make arrangemen ts about paying the accum-
u!ated, debts OF the company. Mr.. Foster
did not keep the appointment. and the disap-
pointed Eewarkers returned and looked for
him in Newark. Justice sommeIs was one 81
and Foster in the Newark office. Behind Jus
tice Sommers was crowd OF angry investors.
who suggested hanging the two men. The
latter had proposition to make; and &, it vas to
paid. the payments to begin on April ].
went before Justice Blauvelt and swore out a
warrant for the arrest Of Morris and Foster on
fences. Assistant Prosecutor Hood was con:
suited about the LEGALITY Of this process and
5000 bail on two ,eomplsIjnts. There e, was an an
Morris and Foster were much frightened by
the threats made against them.
There Is still another enterprise OF this char
,cter in Newark: with central ofiise in Phila,
was convicted and sent to prison some years
ago for Irregularities committed while GORE.
spending clerk Of the defunct Mechanics Bank
e Newark He 1: merely the be 10 local aseRt iGf
not worse condition than any Of the others.