The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-08
LOAN OFFICE FRAUDS.
Hyde, a Man With Many Aliases
Indicted

The federal grand jury yesterday
presented an indictment against S. W.
Hyde, whose frauds were exposed in
The Herald a few days ago. Hyde
took fight a short time ago and the
authorities here have advices of his
arrest in Kansas from where he
will be returned to Utah to answer the
charges against him.
The indictment charges that S. w.
Hyde alias Sylvester Hicks, alias w.
j. Hamilton alias George w. Sumner,
whose other and true name to the
grand jury is unknown. on April 3,
1897. at Ogden City, cid devise c.
scheme and artifice to defraud certain
persons to the grand jury unknown. BIZ
sending through the postoffice the fol
lowing letter. I'VE want some good,
responsible party at your place, who
can send us some good applications
for loans. Are you in a position to act
for US? If so we would be glad to
hear from you and TO know your refer
ences. We are making loans on min
ing and city property, also make loans
for building purposes. We are willing
TO allow you a cash commission of
per cent on all loans you may send US
at II per cent annual interest and
per cent on all per cent and 10 per
cent loans. We do not make any loans
fer a Shorter time than six months
TO three years time, allowing the Dor
rover privilege to pay any part of the
principal at any interest paying time.
We charge all borrowers a fee of SO
for the investigation of their titles and
paying for recording the trust deed
given US to secure the loan. We can
close a loan in 10 or - days after we
receive the application. We send you
herewith few of our blanks and If
you have any business in sight we
would be glad to have you send it in.
Yours truly,
IS. w HYDE, Manager"
The Indictment says that Hyde rep
resented no loaning company and had
no money to lend and that the letter
was scheme to induce persons TO
send him the $40 mentioned as a charge
for examining the titles to proposed Sc
curitieS and that Hyde appropriated
the same TO his own use and rendered
no value for it. 1t is charged that on
April he mailed at Ogden such a COM
n.unication directed Loan Agent,
Butte, Mont" that on April II he mail
ed another TO S. a. Taylor, Butte CITY.
Mont, and on April 6 one to f. Colo
den, BOzeman, Mont; contrary to the
statute in such cases made and pro-
Vlded and against the peace and die
nifty of the United States of America.
HYDE found il conducive to his
SNACiiiC ~ use aliases Wnlle con-
Quoting his false agencies in different
cities. Some of these fictitious titles by
which the inspectors have traced the
man all over the United States were: w.
H Hamilton, Sylveser Hicks. James L.
Lay, Gear W. Sumner, Charles Glaspia,
W. r. S=lveser
one Of the singular characteristics of
his plan was that he gave various
aliases in different rts of the country
as references. He would then order
mail inquiries forwarded to him under
the same OF the alias that suited the
particular case, answering the inquiry
himself and invariably giving himself
a character" 1t was through the pur-
suance of such methods by which the |
United States postal laws were vio-
lated, that enabled the inspectors to !
better trace him.
Hyde was caught at Wichita, Kan.
where he had again opened business, |
known as the Western Loan Agency.