Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1893-12-16
STOPPED THEIR MAIL

mo United states Authorities Taking q
hanh In the Suppression Of swlndling- /
Long List of High. Sounding Frauds |
10 ne Prosecuted Under the Law Pro-
h'nit'ng Lotteries-A Sweeping Order.
CHICAGO, Dec. 9.-The United States
authorities have determined to sun.
press the bond and investment COM
panles which are operating all over
lhe country. Post Office Inspector
stuart received from Washington yes
terday a list of over fifty concerns
operating in much the same manner as
The Guarantee Investment Co. of Chi
cago, whose officers were convicted in
Judge Grosscup's court. Accompany
ing the list was communication from
the chief post Office inspector at
Washington stating that the companies
named had been investigated by As
sistant Acknowledgement Thomas and
mad been pronounced by him fraudu.
lent and not entitled to the privileges
OF the nltcd States mails Inspector
Stuart was instructed to notify the
postmasters in his district not to de.
liver any of them registered letters or
money orders. He was also directed
to secure evidence against any of the
companies operating here or anywhere
else in the west and prosecute them
under the law forbidding lotteries and
the act forbdding the use of the mails
for swindling purposes.
The companies included in the list
are as follows, some of them being vir-
tually branches of the same concern,
but operating in different sections of
the country; Equita BILE Investment
Co., Council Bluffs, Ia; Perpetual Ma
turity Bond Co., same city; Iowa Guar
antee Investment Co., Keokuk, Ia;
Reserve Fund Investment Co., Creston,
Ia; United States Investment Co.,
Bankers Investment Co., Capital Con.
sui Co. and Columbia Bond Investment
Co., Minneapolis; North American In.
vestment Co. and st. Paul Guarantee
Investment Co., Milwaullee State of
Washington Bond Co., Tacoma Pho.
nix Loan and Investment Co.. Colorado
| Guarantee and Loan Co., Guarantee
| Investment Co., Investment Bond Co.,
and Workmen's Investment and Bond
Co., Denver; Walden Investment Co..
Pueblo, Col. Pacific Coast Bond and
Investment Co, Ogden, Utah; Utah
Savings Investment Co., Mt. Pleasant,
Utah; Utah Guarantee Investment
CO., Seattle, Wash; Guarantee and
Bond Investment Co., Covington, Ky;
Columbia Bond and Investment
Co, Newport, Ky; American Guarantee
Savings and Investment Co, Fort Val
ley. Ga. National Confederate Guar
antee Co., Nashville; Phoenix Savings
and Investment Co., Waco. Tex.
American Bond and Investment Co.
Equitable Investment Co., Missouri
Loan and Investment Co., and Ne
braska Savings Investment Co, Omaha
National Guarantee and Invest
ment Co., Lincoln, Neb; Ma
tonal Savings and Investment Co.
Tekonska, Mich; Columbia Invest
ment Co., Saginaw, Mich; st
Louis Mutual Bond Investment Co.
and Guarantee Investment Co., st
Louis; pettis County Investment Co.
Sedalia, Mo-; Missouri State Loa,
and Investment Co., Fayette
Mo; Proyident Bond and Invest
ment Co. and Franco-German Electri
Co., Cincinnati; California Land ant
Water Co., Dayton, o.; Union Invest
ment Co. and Louisiana Lottery Co
Kansas City; Guarantee lnvestmen
Co., HULL III: American Certiticat
Co., New York city and Utica, n. \
Proyident Bond and Investment Co
Washington. d. C., and Philadelphia
Inspector Stuart was instructed tina
any change in the plan of operation b
these companies is not to be above
to change their status before the pos
Office authorities. Abandoning tn
bond maturity" plan will not say
: them from prosecution if evidence ca
be secured that they have heretofoi
violated the law forbidding lotteries
This order shutting out the inves
, ment companies from the mails, sal
, Inspector Stuart" is a sweeping ont
S and will put an end to the swindle.