The evening world., 1894-02-27
CLARKE SKIPS OUT
He and the Other Manager Of the
Commercial Loan" Disappear.
They and Their Swindle Exposed by
1.-The Evening World
Hundreds OF Victims Visit the De-
serted Omce.

OF NlCtlms VISIT the De-
serted Office.
Messrs. Clarke & Johnson. OF 80 West
One Hundred and Twenty-hfth street,
have mysteriously disappeared.
These two suave gentlemen were the
New York managers OF the Commercial
Loan and Trust Company. which re-
markable financial institution The
Evening World" thoroughly exposed.
The Philadelphia Company with New
York agencies at SO West one Hundred
and Twenty-hfth street and 25 Broad
way, and a Brooklyn office at III Rem
sen street. was doing a land ONCE busl-
ness. selling 500 shares on the install
ment plan. under pretext Of granting
loans to the poor. when THE Evening
World' discovered the scheme and
promptly warned the public against in
vesting money In such a questionable
proposition.
When the attention OF State Bank
Commissioned Charles NJ. Preston was
called to the methods pursued by the
agents OF the Philadelphia Company in
this city. that official thanked 1.-The
Evening World" for making the ex-
posture. and started at once to investi-
gate the Company's methods with a
view of bringing the New York end Of
the business to a close.
Yesterday the following letter was re-
ceived from State Bank Commissioner
Preston:
STATE OF NFw YORK
pASKiNG DEPARIMEST.
ALBANY, Feb. "a. 1884,
Editor OF The Evening World
Dear Sir: | have been INVESTIGATING the Affairs
Of the Commercial Loan and Trust Company. and
o .s,. m no r ~. rr r1ss,ysd j., a r letter from tie home ne
Its Secretary, and stating that they have cloA.d
their ofaces In New York State Very truly yours.
ARL NJ. PRESTON.
AS the operations OF the Company In
the State OF New York were In direct
violation OF the Penal Code, the Phila-
delphia concern was very wise in retir.
Ing from the New York and Brooklyn
field.
Such a clever financial scheme at
this may be tolerated In sleepy. slow
going Philadelphia, but thanks to THE
Evening World.' It don't go here.
Three brass cuspidors and some pretty
Brussels carpet are all that remain at s.
West One Hundred and T~wenty-ffth
Johnson; When an Evening World re-
porter visited the place this morning the
Clarke and the forid Mr.. Johnson. who
reaembles odd Hoss" Hoey... -,
The mail carrier who delivers mail
NTH street had several hundred letters
for Clarke & Johnson Yesterday. but re.
turned them to the office undelivered.
The carrier ays the firm received an
letters than any other firm on the street
and the street is the main business
thoroughtare OF Harlem. .Messrs. Clarke
to their future address, 30 their letters
are accommodating at an astonishing rate
at Post-Omce Station J. These letter:
nS%stief from s0T ~ t a in '' ,si. 1 nIH % OF
Clarke & johnson engaged an ex.
press wagon and moved away theiI
desks and chairs between 5 and 6 o'clock
%" one e'r seems " 70 Know. The iand!ord
OF the building at 50 West One Hundred
and Twenty.hf;h street said yesterday
they paid their rent OF $50 a month tic
Thu. departure OF the two managers
was discovered by one Of their victims
Mr.. Cornwell, whose tale OF woe was
d ssls.e s,n ,1 "T M9. d EysH!eifi S %Gr naia 4 hi. .s !
registration fee and also his first weekly
payment Of 81, and when he called {
see Clarke 4 Johnson on Sa turday nigh
he found the office closed and the fur
niture gone. There was no notice on tn
! door to give the victims even a ray o.
hope for the lost dollars. All day yes
terday a throng OF men and womer
who had been victimized by Clarke. q
Johnson visited the ONCE. only to find |
closed.
The Brooklyn office OF the concern. a
III Remsen street. was closed yesterday
but e. A. Noblett was on deck as usual
smiling and confident. at 2IS Broadway
He says he Is no longer the agent of tn
hut he is now doing business as manage
Of the Commercial Exchange, and say.
he is the financial promoter OF stool
companies.
Mr.. Nobiett is also selling real estate
so he says. and collects rents. draw
to loan. and has agents In London. Pari
Here are some Of the titles and name
under which Mr.. Noblett Is doing bust
ness:
ccoMMERCiAt E%cHASGE.
COMMERCIAL INVESTMENT COM
RTsiNEss EXCHANGE.
NoBLETT,s EXCHANGE.
T.. A. NOBLETT,
NOBLETT & UPHAM..
The oily Mr.. Noblett, who was expose
some years ago. and afterwards arreste
for swindling, Is evidently not to be dis
couraged by the hasty flight of the Con
mercial Loan and Trust. Company mar
ayers. INC roposes TO do business of
financial nature at the old stand.
win doubtless i~nauGurate some ne
scheme equal In clearness TO the 81
week instalment- $500 propositio
80 tka ropnn,arrtal 7 Ann and Tr,,at Cow