The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-14

cases. does it mott II seems TO be making .
var upon the lenders OF money upon chat
tel security"
"It is seeking 10 expose all extortion and
illegal practices by which the lenders OF
money on that class of security. in o great
number of cases. have oppressed q class OF
persons VINO do not know their rights"
We'll. the Journal Will have TO go some
whore else for it's information; shall give
you nome"
The reporter then asked Baum for his
name and it was promptly refused. but
after a question or two he concluded that
lie would give his name and told what IL
WINS.
.oF A PRIVATE NATURE"
From Baum's Office the reporter went to
the office of the Indianapolis Mortgage
Loan Company in the Thorpe Block and In
quired for Mr. Archer. the manager. Alady
him and said that Mr.. Archer Was
not In. The reporter then explained to her
the object of his visit and asked for the
facts IN connection with the loan 10 hat-
rieon.
why do you wish the information" she
asksd.
When told for what purpose the Informs
ton was desired she refused TO cay any
thing about IL. Our business is of q pri-
vate nature" she said.
"Bnt suppose your patron does not OBJ
Ject To the facts being known then you
surely will not refuse TO give them. will
youf"
Yes. sir, we will"
Are you aware that if a chattel mort
ifafss nus been gwen 'n' '''0''' VIII '''"
LET the records do it, then. / will not"
With this she turned on her heel aud
walked into the rear room, whittier the re-
porter could not follow her, because of q
high counter which barred the way. and
he WAS com PEELED to repair to the court
hoDse and search the records, where he
found the mortgage given TO the lndianap-
oils Mortgage Loan Company To secure the
III or the note OF George Harrison
for the sum of s1f.50. and its subsequent re-
lease In January OF this year. A diiigent
search of the records failed to disclose the
subsequent developments explained why
this instrument W as not on record.
The reporter had hardly left the office
when Baum entered. looking cautiously
abont him as he did so. as If he expected TO
see an unpleasant vision. He approached
one OF the clerks in the office and asked If
the reporter had been in there lnqulring
about the MORTGAGE. Learning that hc had.
baum smiled a meaning smile rs he re-
marked that he still had about seven days
In which to record the mortgage u keep
within the statute.
HOW SHE WAS ROBBED.
A simple arithmetioal calculation in the
Cno" " Il Will BiSo ou iooo "a
the outrageous extortions prscticed by the
money sharks" For the use of the $40
she borrowed from the Indianapolis Mort
gage Loan Company, now about eighteen
months ago. she has paid that company $50.
aud to Lud wig and Hammons. on
account of the same loan. she has
paid 50. yet she still owes moro
than the amount of the original loan by
several dollars. the exact amount Of which
could not be asoertained on account of her
not knowing the amount for which she
gave her note TO Baum, and the refusal of
Baum to tell what the amount was. When
the case against Ludwig was called and q
portion of the facts given above came out
in the examination of witnesses. the
federal officers expressed surprise and IN
diGnatioD at the treatment she had re-
ceived. They were scarcely prepared TO
believe that such extortlons could ne prac-
ticed In this city and not be interfered with
by legal proceedings. Mrs. Harrison was
advised to refuse TO pay another cent Of
money into the Golfers of the money
sharks" and referred TO the attorney eni-
plOyed by the Bureau of Justice to protect
the rights of persons unable TO employ an
attorney to protect themselves.