The times. [volume] (Richmond, Va.) 1890-1903, 1896-03-01
HIS HOUSE TO Be SOLD.
Mrs. Schultz FOreCIOStS the Mortgage On
Mr.. BaFtOn'S Property.
A $50, 900 sun laSlIIUIED BY Her
It Is Reliably Reported-one OF hr' BIT
toms victims Talks-IIe Has Found One
Set of Notes AT National Bank of Va.
and Other Set in Philadelphia.

New proof of the fact that there arc
many financial sufferers by the departure
for parts unknown OF Mr.. James II. Bar
ton. continues to accumulate, and there
are parties who will, beyond doubt, lose
a considerable sum Of money
The main difficulty in handling the case
has been the reluctance Of the victims to
have their names appear In print, iof
while each one is willing TO make con-
ndentiai statement they Will not talk for
publication.
A SPECIFIC CASE.
II has been stated that there is no spe-
cigc case against Mr.. Barton in which
fraud can be charged. This is great
error and shows lack Of investigation OF
the subject
well-known resident OF the Heights,
.,ho is engaged in business in Richmond
was seen at his home late last night, ana
after being assured that his name would
not be used, ne made the following state
ment:
some years ago I purchased lot from
! Mr. Barton and erected a house upon it,
the sum OF $1,000 being raised by mort
gage 1 gave Mr. Barton my notes for
SIS a month 10 cover this sum. For
long time i kept mp the payments, but
they got too heavy for me, and ] went 10
| Mr. Barton and asked him to reduce them
TO so a month This ho consented 90 do,
and ] made ont new set of notes for
that sum TO cover the balance due, which
was about $500.
"Nr Barton. instead Of giving me the
S25-notes which he hcd told ufe that he
would retain them as collateral, ana would
give me back four OF them FOR every five
of the others which / paid.
81 was never able 10 get any Of them
from him.
Ever since I heard Of Mr. BartoTs
Eight ! have been on thorus for fear that
] should lose what has taken me years 90
accumulate. This evening my fears have
been confirmed. and ] think ] shall lose
over $1,000 1 succeeded i'm locating the
| last notes given boy me at the National
Bank Of Virginia. where they had been
! hypothetical by Mr Barton. ! have also
ascortained that the old notes are hello
by Mr. Wood, Of Philadelphia, and de-
mand may be made upon me at any time
10 pay both those as well as the notes at
the National Bank Of Virginia upon ma.
turity"
BORROWED on ANOTHERs LOTS.
In addition 10 the above information,
| respected in business circles, another case
of borrowing money On property already
ao'd came tn light yesterday.
ON june s.. 1891. Mr.. Barton decided two
lots and a house o. "a lady. which deed
| was not put on record until late I'm ls.a
September J. l&3 this lady decided the
property back 10 Mr. Barton. which he
sold to another lady, who paid him part
cash and gave rotes for the balance. 10
is now found that a certain Building and
Loan Association Of tais city received a
deed Of trust May % 1891. for $500 on
tie same property. and there is 40 record
10 show tLat this deed OF trust has ever
beoen released.
Here IS case where property was
decided 20 purchaser, and the very next
| month $500 was raised upon the same,
while the deed remained I'm Mr.. Barton's
pocket. and was moi recorded until near
| lv two years after the property was sold.
Advantage seems 10 have been taken
Systematically Of ladies and people ie-
norant Of business. as the astute men OF
business refused 20 Dee gulled.
| WILL SELL MIR. BAkION'S HOUSE.
1T was stated that Mrs. Julia a. Schultz
was amply protected from loss by mort
gage held upon Mr. Barton's residence.
This is am error. as Mrs schultz SIS likely
| I'm the depressed condition of property 10
| come out considerably behind. IT was
stated last nisht upon reliable authority
that instructions had been given 10 fore
close the mortgage held by Mrs. Schultz
| uDOn Mr. Bartous house, and that lt
would be advertised for sale Immediately.
The report was also circulated last
night upon the streets that a suit had
been filed I'm the Clerks Office OF the
| Henrco Circuit Court boy Mrs. Schultz
against Mr.. Barton for over thirty thous-
and dollars. but on account OF the late
ness of the hour this could not be Yerl-
fed.
NOTES IN PHILADELPHIA.
Mr.. u. G. Richardson. counsel for Mr..
John t.. Rose. who has been inyestgat-
ing the muddle in the interests OF his
client said yesterday that while Mr.. Rose
! did not know positively where the first
set of notes were which had been given
by him. he thought they We're held by
Mr.. Wood. in Philadelphia. 10 seems Cer-
tain that Mr.. Rose Will lose by the trick
which has been played upon him, but the
status of his business is so good that
It VIII be in no way impaired by ms
misfortunes.
Mr.. Richardson expressed himself very
strongly about the matter, and cnarac-
terized the affair as a very pronounced
case Of robbery" He did not think II
came in any sense under The head ot "a
loose method of doing business
II vas stated yesterday. upon reliable
authority. that the Richmond Perpetual
Building Loan and Trust Company held
paper OF AIr. Bartons 10 the amount OF
100000. The officers of the concern, how
| ever decline To discuss the matter. II q,
also snid that the First National Bank
is involved, though il is not known whe-
! ther IL will sustain any loss. 1T IS claim
ed that the Perpetual Building and Loan
Company will be able 10 realize sufficiently
upon their holdings 10 save themselves
from loss.
WHAT DIR. PITT SAYS.
Rev. DR.. r. II. Pitt. of the Religious
| Herald. was seen last night at his heme,
in Barton Heights. by Times reporter.
! He said he was more grieved than lrc
c,uld express by the developments OF the
last few days. Mr.. Barton, he said, had
| been a near neighbor OF ais, and n mad
trusted him implicitly. lie could not help
| being forced 10 the concluson that his
| mind had been unbalanced, ana he had
! not been responsible for his actions. Or.
| Pitt declined To express any opinion upon
Mr. Barton's actions. although he was
forced to admit that there were some
, things which il would be exceedingly
4 difficult 10 explain
Now, so far as the general effect on
| the community is concerned. ! think
that at first there will be some deDres-
sion. Building. of course, will be check
ed for a little while.
The town has substantial improve