Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1899-11-06
A 29BDER.
Investigation Show ate Promi-
nent Citizen of MI yuma Was
Wolf in shesy lothing.
---.sss Is
Robbed Friends no Confded in
and Honored Him-Rowe's
Record Outdone.
Now Known That o. L. Roseman
Was Defaulter and Embezzler
For Some $4,000.
cial to Times Republican.

Special to Times Republican.
Montezuma, Nov. 6.-Ever since the
Q. L. Roseman funeral an investigation
has been in progress in the business
transactions of the firms of Roseman &
Cummins, o. L. Roseman &, Son and o.
l.. Roseman. The investigation has
gone far enough to establish the fact
that o. L. Roseman died a defaulter
and embezzler to the extent of s27, 600
or thereabouts. 1t is a great shock to
our people, as nearly every one sup
posed him to be in good circumstances.
But as the search progresses it is found
that he has beaten the record of the
notorious Chet Rowe. The latter robbed
the county of several thousand, while
Roseman has robbed his best friends,
and in some instances it will take the
savings Of a lifetime and leave the fam
lilies homeless. G. d. Roseman was ar
rested late Saturday as an accomplice
of his father and Will answer to the
above charges in court. AS Roseman
was in the abstract business and loan
broker. besides enjoying the utmost
confidence of a large acquaintance, it
gave him frequent opportunity. His
abstracts now are worthless, as many
are said to be false and show clear title
to land that was already mortgaged in
order to procure loans
1t is now known that in the Roseman
defalcation w. II. Butts loses $50,
money paid Roseman for the purpose
Iof paying off mortgage. There is
some prospect of this amount being
lsettled. w. w. Cummings loses from
sS,1eo to $4,000, the amount not being
definitely known as yet. a Mr. Wy
more loses S3,00D j. Il. Taylor, OF Deep
River is "a victim for $2.l00. 1t is re-
ported that Schmidt & Vollmer are out
sl,5oo. Robert Hicks is said Is be loser
by Sl,60o. The $1,000 Roseman held as
trustee of the odd Fellows will be
taken to the courts. There is about So
900 due other parties. but it is believed
they will agree to a settlement today
All Of these amounts We're sums de-
lposited with Roseman to pay off mort
cages. etc, in which Roseman was the
agent through whom the. loans were
obtained. The parties trusted TO his
honesty and supposed everything was
| all right.
IspsstttIeiii cist u leW weeks ago. lie
| died, it was said at the time. of apo
plexy his death being very sudden. In
| view Of the developments. there haze
been suggestions in some quarters that
Roseman may have sueided rather
than face the disgrace Of exposure
which he probably realized must come
sooner or later. This theory. however.
| is given little eredence. as Roseman
undoubtedly was hoping for turn IN
laffairs by which he might retrieve his
losses. make good his defaleations and
save his good name.
Roseman was q prominent Odd Fell
low, a past grand master ana his ftI-
neral was attended by8a a large number
| of the high officers and members Of
that order, including the present grand
master and a number OF past masters.
The town is greatly excited over the
discoveries being made and many
FARMERS and others who have had
dealings with the firm are coming into
town TO look UP the records and ascer-
tain whether they have been made VIC
ttims of his dishonesty.