New-York tribune., 1896-10-19
RAMBUSCH'S RASCALLf "OhA.

,,,,-,e-,c. ArrNc; THE pEFAULrERs OPERATIONS
NAMES or HIS VICTIMS
,,, Wa nc, 1s-No trace OF W. r Ram
busch the defaulting banker and real estate man
who has been missing for ten days. beyond mo III
telligence conveyed in letter from inc Last 'i'''
ne was in Philadelphia. has reacheu TINS c'S' ~
o,,,r,ng investors who trusted him implicitly nave
crowded the town during the week, but ohiy auui-
,,o,al proofs Of Rambusch's rascalty have reward
ad their search for available assets Yesterday
small bottle OF clear huid in when rested "i'i'
snonge was found. This. on being suDnlilloo "
chemists test proved to be an ernslng luu an" ny
i,e use Rambusch had manipulated deeds and rec
Ords at will. ~ X
The defalcations already brought 10 lisht reacn
the sum OF $4,000 and those engaged IN the WORK
Of STRENGTHENING the books say the end IL not ~
The only assets thus far discovered amount 10 49,
oco and consist OF the records In MI hainDusch
ofsce. worth about $1,000; stock in the Citizens
r9ark 70 the value OF $500 few notes OF ooupuu'
,.ol,a and a niece OF mortgaged real estate. Inc
rr,,cinal LOSSES are sustained by the following
George Hawkins Watertown. s7orp' Mrs. H. WIN
aeld Fond du Lac. $4,000; Nelson estate S-''"'
Mrs Jeanette Howells Milwaukee, $s""' +. =
Ouentmeyer Watertown, ssooD; J. H. Bement. %'""'
stlas Coleman Fond du Lac, 5000; j. j. Wlllfiins'
raaver Dam SI Gn: W. Aburt. Horizon, $'S; mort
cages for small amounts given to register OF ueeus
IN examine most OF which are fraudulent s"@'"
parhuscb's operations extended over period OF
twenty years He must In that tine nave hh""''-
betwecn s. 900 o and soOo 900 in the work OF buying
and exchanging mortgages. How much ne received
from hts clients or how much he paid them cannot
ne determined He left no account DOCKS worthy
of the name. What he did leave DO not extehu
over the whole period that he has been IN Dusihesh
! and do not show In more than re" INSTANCES u
, bis having received money for mortgages. Ihey
| do sboyv that he has paid large sums for interest
! on mortgages He handled thousands OF mort
| cages as he was the trusted financial aseh, Oh
| number OF wealthy investors
! The only way his defacations can be fouho OUT l.
for all those who hold Dodge County mortgages 10
! send them 70 Juneau TO have them looked up ana
! tor all those who own property In the county 70
Examine and determine whether y mas pen sh
ed by his fictitious mortgages or deeds hampusGn m b
| oUning the only complete abstract RECORD j" NV
county. had the key to me csgbt well illus
traies his peculiar method OF dealihet III IL. 30
W.s aITa nq' 'winhed spence Of du ac
Mrs Spence is married a second I'M lIe ref u friend m
hmuspann nus % %nanion Of Ramousch. lie invested through
The latter and his wife after ms death cor ~ ih
conAding nature of his wife HIS suspicious were we're
early in tne summer S1cn %en what n Uniformly
, nls l abstracts were furnished by RamDusch.
they all in me & afef If fsem h@Wed that the
farms had been incumbered at any uafe me sihce ,r @
,Tpts was a strange circumstance as Mr openoe' enc
from experience knew thst me M arners TO mort
@ adg ' heir land IL also appeared strange to him
/ fhat most OF the hiorteakrs ,~inS snd contained
p. ona Sipnafure on october he came mere 10
,arn ~ the taxes paid on all or inc laiia on
when his wife had advanced money MI Kani
ruSch was out Of the city and he began an -
gallon on his account IN looalns@ ~ unei , t'
aistor ~ deeds record he found mortgage IRON,
Io5n Ro6de TO Laura W. spence for sn ne ,G did q
30, remember the document but knew there was
IL a rrorioare against John Rhode for $2oW lie az
onnn went 10 Rambusch's Office and iookeu uP ule i
original abstracts was ~, G ,sac,ton 10
lasT transaction there had been no tranSactIoI W W
Iohn Rohde He left a note for KanDuscn say sdyins u :
he wanted to see him at Beaver Dam on @ sathrLny y
70 have some matters explained hanpusch ou
not