St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-03-09
FRAUDULENT DOlNGS.
A Minneapolis Man Arrested
on Indictments for Seri-
Gus 0ffenses.
Charged With WPongfully
Procuring Signatures to
Realty Transfers.
The Arrest Promises to Stir
Up a Lively Sensation in
the Courts.
Though Not a Heavy Opera
tor, Cole Is Considered to
Be a Good Catch.

estate, Will revive the sensational stories
of three years ago. when gang of real
estate manipulatorS were arrested, and
resulted in the sending of Leonard Par
tello and J. d. Tall TO the penitentiary
for irregular dealing in South Duluth
dirt. These cases were famous as the
real estate fraud cases, and a dozen men
were arrested. 1t was growing out of
these prosecutions that Louis L. Stems
gard began his noted SANDER suits.
Those prosecutions caused consider
able sensation, and the arrest of Cole
yesterday, charged with nearly the
same line of proceeding, and to con-
siderable extent, will also create sem
satiOn. Cole is not shown to have been
an operator in the same line, neither is
he charged with being as heavy an OPP
orator, yet he is charged with being a
considerable operator.
At the January meeting of the grand
jury two indictments were found against
l.. Ii. Cole for fraudulently procuring
names signed to conveyances of real
estate. One of the victims of tie al
legged fraudulent deal is Rev. Henry. Z.
LinSe, who resides at 324 Concord street
III West ST. Paul, who conveyed prop
erty worth $4,000. consisting of block
of buildings on the West side that EN-
braced couple of stores. The story of
Rev. LinSe is to the effect that l.. II.
Cole went to him in February of last
year and represented that he was agent
for man who wanted to purchase his
property.
A Deal Was Made
on March l, 1898, by which Rev. MIR.
LinSe conveyed 10 George II. Bent, of
New York, his property on the West
side. consisting of lots to inclusive
in Linse'S subdivision of lots s, 10 and
II, in blocks 33 and 81, of Linse IL Zim-
merman'S Encouragement of Brown &
Jackson's addition, West st. Paul. The
property is situated on Concord street.
The value fixed was $4,000, and it was
sold subject TO mortgages aggregat-
ing $3.50 In exchange for this
Linse was given a mortgage on 10000
acres of land in Eastern Kentucky
which was claimed to be worth s. per
acre. Linse was shown an abstract of
the Kentucky property which showed
title in the man represented by Cole.
Rev. LinSe let the matter drift along
until interest became due OH his mort
gage on the Kentucky land. He then
made inquiry which gave bin the infOr-
nation that the patent to the land
had been granted to certain parties
by the state Of Virginia century ago,
and was conveyed down until it fell into
the hands of George II. Bent. of New
York city. 1t was also learned that the
supreme court or the state of Kentucky
had decided many years ago that the
state of Virginia never had title to the
land in question. as it was within the
borders of Kentucky. and, therefore, the
title to the land is in other parties living
il Kentucky.
On May 2S last the property secured
from Linse was conveyed by George H..
Bent, who then seems to have been liv-
ing in Chicago, to &. l.. johnson. the
consideration named IN the deed being
100000. The same day the Linse prop
erty was leased to J.L. Brady, of Prince
ton, Mimi, for two years at the stipu-
lated price of 81, 800, which amount the
lease stipulated had been paid.
The Preacher Bucks.
When Rev. Linse got hold of the facts
in the case he began to devise means to
get his property back. In the mean
time several hundred dollars in rent had
gone to Brady. The time also came for
the payment of interest on the mort
cages on the lots given by Rev. Linse,
and foreclosure proceedings were
begun. The tenants of the prop
erty, of whom there are a num-
Der, we're notified by Linse not to
- A
was begun by Brady in the municipal
court last July against &. c. Sidel, who
then owed $40 for rent. the suit was
intended to be test case against all
the tenants, and il was prosecuted by
Erwin Il Wellington. When the facts
came out this suit was abandoned and
the property was evidently given up by
Bent, Brady and Johnson in so far as
outward proceedings were concerned.
Rev. Linse went before the grand jury
at the January term of this year, when
l.. III. Cole was indicted az stated above.
The second indictment against Cole is
for a similar alleged deal with Henry b.
Martin, of Mortified, who had a farm
worth $500 near Fergus Falls. Mar
tin was also given a mortgage on the
Kentucky property, and it is said he is
still out his farm and has secured no
returns in property or money.
A number of stories are in circulation
as to attempts made to trade with a
nnmber of parties about year ago, but
none of them bit, so far as known.
A. II. Capehart was offered trade for
the Clifton hotel. and went to Chicago
to perfect the deal, but was met with
evasion when he wanted to see the
property proposed to be conveyed him.
lie went with the interested parties
twice to catch train, but by reason of
excuses aud delays by the agent the
party missed the train both times. Paul
Martin, of the West side, was APP
preached for trade about the same
time. George Marti was also another
man approached. Another was a prOmi-
nent man who owns valuable East
Seventh street property. In every case
the desire seems to have been to get
hold of valuable property with rent
roll attached.
Now comes an important part of the
affair, Ill the shape of the arrest of Cole
yesterday by Sheriff Chapel, at Mime
apolis, after six weeks of search. He
was taken before Judge Kelly after :
O'Clock to give bail for his appearance
to answer to the two indictments. John
ID. O'Brlen was employed by MINNIE.
apolis attorney to appear at the giving
of the bond. Judge Kelly fixed the bail
at g. 500 in each case. and the suretie:
are William Z. Butts and l.. w. Pearce
of Minneapolis. and Charles A. Rose, q
saIoonkeeper of this city.
The BOndsmen.
The bondsmen were questioned by
County Attorney Butler as to the prop
erty owned by each. Butts is a young
man OF about thirty-three years
who had weeks growth OF
beard on his face and looked
like a laboring man. He said that hi
owns hotel and other property in Min
| neapois that is worth $4,000 and thai
he does hot owe dollar. lie had beer
lumberman, he said, and has lived III
Minneapolis seven years. lie said thai
he had bought his property from Kate
Doyle short time ago. but had not put
the deed on record.
S. W. Pierce, of Minneapolis, is 6
young man with nose that Is dentec
| like it had been broken. He said thai
he OWNS stone block in the bushes:
center of Minneapolis that is three
stories high, and a store is about 10 "