Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1896-10-22

ertte-Mar- Lixhs sa the Ramba.ch
Cs.s-u~epty N-sr. Devoted swim
dfinx and D. fsie~ isu Nsh-s Lit- Har-
d~a-A -appn--.I tne-naAnry Fire th~s
Mat. Hun kieh.
JUNEAU. Wis Oct i--No trace %
W T. Rambusch, the defaulting banker
and real estate man who has been
missing Pr ten days. beyond the intel
ligeucv conveyed in a letter from the
east that he was in Philadelphia. has
reached this city. Iuguiring investors
who trusted him implicitly have crowd
Ell the town during the week. but on y
additional pruofs ot Rambusch. rascal.
ity have rewarded their search for
available assets. Yesterday small
bottle of a clear duid. in which rested
a little sponge. was found This. ON
being submitted 10 a chemists test
proved to be an erasing tuid, aud by
its uSs kamhasch had manipulated
deeds and records at will.
The defalcations already brought To
light reach the sum OF SEQ. 900. and
those engaged in the work Of straight
euing the books claim the end Is not
yet The only assets thus far discuv-
erred amount 10 SIS. eoo. and consist of
the records IN MIR Rambuschs Office.
worth abou, $40. 0pl, stock in the Citi-
zen-' bank 10 the value OF s.. 5oO. few
notes Of doubtful value and piece of
mortgaged real estate.
The principal losses are sustained by
the following: George Hawkins.
Watertown. 81. o.OoJ; Mrs. L Winfield
Spence. Fond du Lac. ssr. .oo0; Nelson
estate. $4,000; z. &. Qa-utmsyer.
watertswu. s-.oou; Mrs. Jeannetts
Howeils. Milwaukee, $500; u. a. Re-
ment. -.a00; Silas Coleman. Fond du
Lac. s5.p0os j. J. Williams. Beaver
Dam, s5.O1; W. Albert. Horizon. So
uOo
Mortgages for small amounts given
to register uf deed. - examine. most
OF which are fraudulent
Rambuzeh's operations exsend over
a period OF ~ wears lie must in that
and 81. e,G. 0ou in the work ~ buying
and exchanging mortgages. How
much he received from his clients or
how much he paid them can not b. de-
termined. lie left ~ account books
worthy of the name. What he did
leave do not extend over the whole Pc
ri0d that he has been In business and
do not show IN more than a few in
stances ot his receiving money for
mortgages They do show that he has
paid large sums for interest on mort
Cages.
The confession % Ramhusch. which
came in the form Of letter - bis
wife. Is far from complete The fam-
iIy refuse u make the letter public.
although the authorities have been
allowed 70 read is. II tells nothing of
what he did with the money lie says
that for ~ years his life has been n
lie lie has Iesl n dual existence. and
that life had at last become unb-ar-
able. and when his wife received the
letter he would be dead He claimed
his income from his Office was not
sufficient 70 Keep up MS house in the
way in which he wanted to run IT, lie
said that he had not used any of the
money in gambling or speculation. or
had not. a. might be charged. spent IL
foe pleasure or debauchery The let
ter was dated at the COlonnads hotel
Philadelphia.
Twenty years ago Rambusch was
engaged in the real estate business in
partnership with Richard Mertz They
purchased the abstract office Of Judge
Lewis and he was pushing them hard
for payment In October, 1877, a
small brick building in which were
the county Offices and all of the real
estate records was burned. Il was
charged at the time that the fire was
started to destroy the evidence against
ode Traynor. who was county treas
urer. and who was alleged To be short
in his accounts. Traynor was tried
and acquitted.
AT the time the district attorney
suspected Rambusch of being the in
eeudiarv and had collected some evil
dence against him. but net enough 10
warrant prosecution.
The next morning after the fire
Ram busch borrowed enough money To
secure the abstracts. The fire which
destroyed the county records made
Rdmbu=ch. The records which he
bnught for s.. 00a were then valued
at about 81. .oo0- Dodge county could
not then afford - have the
records reissu.-d- Rambusch was the
only one who could furnish a COM
plete abstract Of title Of It's lands anG
he secured frurn the county a cou-
tract by which he vas u furnish il for
twenty years al of Is abstracts. This
contract still has two years 10 run IL
plae-'t every investor who put money
into Dodge euaaty lands absolutely a.
the mercy of one man.
L j. Thought he began his fraudu-
lent work in I--N AL the time he was
4 good church member An Spisco-
pzlian. he went "a the Presby
church. because his denomination had
M church here. He cared fer the col-
iections Of the church.