The herald., 1896-01-03
QUESTIONABLE PRICE
c. A. NoIte Has Been Fleeced Out of
Good Money
The 0entleman's Story of Four Notes Having
Face Value of $500 Which He Was
Induced to Execute

| j. F. Bedwell, C. T. Robinson and j. C.
G. Price will plead in the police cour. this
morning at 10 o'clock to the charge of at
tempt to obtain money under false pre-
! lenses. OF the crowd, Price seems to be
the most prolific in ''schemes," and from
! facts that have recently been obtained it
would appear that obtaining money by di-
| vers and peculiar means is his strongest
| suit.
| One of his latest transactions was with
| c. A. Nolte, in which, as might be sup
posed, Price was the gamer. Mr.. Nolte
was seen last night at his home. 1917
Cherry street, by q HERALD representa-
tive, and corroborated the following details
of his costly connection with Price.
1t appears that sometime last Aug ust
Price was introduced to Mr.. Nolte and the
latter was persuaded to make out his note
for 500 in favor of Price, in return for
which he received due bill from mining
company in favor of Price. At the time,
the transaction seemed perfectly straight,
but later developments proved the bill to
be worthless,
Again Price went to NoIte about The I'd
of December and told him that his (Noltes)
n npte had become due at the First National
bank where it had been hypothecated by
, Price. Nolte suggested that they get an
extension of time 10 which Price responded
J that the bank preferred new note. With
the understanding that the first note should
be redeemed Nolte made out second note
for 500. Price took this nofe and
sold it, presumably to broker.
/ Later Price showed draft for $3.50 on his
father in London, who, he said. was very
wealthy man. Price said he would cash
y 4E.1l G. zttN< IL -
days before the stated time when the draft
was to have been cashed, Price and man
named Stoner went to Nolte with another
demand for money. This time he had
shares in Arizona mining stock, which he
| claimed were very valuable. He pledged
this stock as security for another 500
note. After few days the two men re-
turned with great story about the pro-
posed sale of the Arizona mine at hand
! some figure. They said that the prospect
! i've purchaser was ill at the time, and re-
ferred Nolte to some physician as authority
/ for the statement.
Prices next inroad upon the exchequer
of Mr.. Nolte, who is very unsuspeciiug,
was made upon the pretense that he was
greatly in need of money, and could fur
| nisb the best of security, in the way of
I mining stock and deed to thirty acres of
property near Vineland, which he claimed
to hold an int est in. He made out an as
VI
property. which, together with some adj
dltional mining stock, he gave to Nolte to
secure four h note for 500.
| Investigations have been made regarding
the real estate at Vineland. and the prop
erty referred to was found to be held by
Mr.. Howe. An unrecorded deed was
found in the hands of w. A. Roberts, the
real estate man, transferring the land
from Mrs. Annie Howe to Price. So far as
the records go Mrs. Howe has no title to
the property. Mr. Roberts holds the deed
as security for money due him from Price.
MIR. Nolte wen to the bank and inquired
concerning his second note, which was is
/ sued as substitute for his first. He
found that the note had never been taken
to the bank. His suspicious were aroused
and he proceeded at once to investigate all
of his negotiations with Price, and found
to his dismay that he had been OUT
rageously swindled. None of the securities
| given him were worth anything.