The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-04-15
SOME BITTEN.
Clintonians Grasp Ea-
gerly for Golden
Brick.
WINGSWE RE SINGED
Handsome Man with Pretty
Bonds and Glib Tongue
Knew His Business.

Clinton, April 14.-There are people
here who would like to know some
thing about the American Investors
Company Of Providence, R. L, general
agents for 1.-THE Associates, at New
York" Especially they would like to
know what has become of M. G. de la
Rigaudiere, who sold some beautiful
bonds In town, at $40 for each bond.
and whose whereabouts is now I'M
known.
1t is known that six persons laid down
$40 EACH for bond, and it is supposed
that there are several more persons
who did. 1t is difficult to get the
names of the victims, because they are
pretty substantial citizens, and would
rather lose $40 quietly than talk about
1t.
NJ. G. de la Rigaudiere came to town
Feb. II. He registered at the Clinton
House for dinner, ate dinner, and went
out in the afternoon to look over the
field. At supper time he said to a
guest who sat at the same table with
him: IT think Clinton is an easy town
TO get living in, shall locate here"
The same evening he got drunk. About
midnight he Offered to lick any man
who would say that he hadn't better
financial proposition to submit to the
people Of this town than any other
man on earth. He spent two or three
days looking over the field before he
submitted the proposition.
Now that the abiding place of Rig
audiere is unknown, there is some
doubt among those who knew him best
If he is "de la" but they are sure his
financial proposition is a ia la" for NJ
@. de la Rigaudiere.
Rigaudiere, as he looked then, is a
tall, handsome fellow. He was dressed
in black, wore his linen immaculate
and a lOnE, black mustache, wavy at
the ends.
One Of the first men he tackled was
P. F. Cannon, the well known real es-
tate dealer He said he represented the
American Investors Company Of 30
Park Row, New York, with an office at
go State street. Boston. He wanted Mr..
Cannon to subscribe SO to pay for
bond, issued by the company, so that
Mr.. Cannon might be qualified to serve
as a ground floor member of body to
be known as the Clinton Associates.
The American Investment Company
were to be general agents. Rigaudiere
said the idea was to start sort OF
mutual building and loan association,
to be run something after the fashion
of a cooperative bank. The American
Investors Company would loan money
on real estate, through the body 10 pc
established in Clinton. 1t would make
loans at a lower rate than bank II
would nav big dividends to bOndhOld-
ers.
''Who is the president Of your com
pany?" asked Mr.. Cannon.
Really, l don't recollect, fepleu
Rigaudiere I'm new man with the
company, you see" ,,o
Il think 1 see, but l shall need so'le
evidence Of responsible people VINO
have tackled your scheme, before l lg ~
myself to it," Rigaudiere left some Ut
eretI1re in the shape of a little book,
and went away. subsequently, ne re
turned with what purported to De let-
ters of recommendation from business
men in other towns. MI Cannon coulu
not remember, yesterday, VINO thosc
men were. ,...... D., ~,
Mr.. Cannon gave the literature to the
correspondent of The Spy, yesterday
It is an eight PACED pamphleI III :. s'9
nifcant green cover ON the COVER -
q nicture of one of the big buildings III
park row. The pamphlet purponts 10
be Form 1948. The words, money 10
loan" appear top of column, next TO
reading so to speak. THE Associates.
preferred investment Donds, HhaHcidA
Sqents American Investors Company,
IS Park row, is the rest of the title. The
Boston office is printed as existing at
room n, State street, Brazer building
A rubber stamp locates it in the Mas
sschusetts building, go State street.
It appears by the inside of the cover
that the associates are 10 persons j: w;
Bannon heads the list. He IS descfloeu
as president J. w. O'Bannon Co. I'M
porters," .-.--. ,.z.,,;o4
attorney and director Franklin Nation
al Bank; F. Wolfe Brown, eX-eashieer
National Provincial Bank, England; r.
w, Glaze, attorney at law; Percy D.
Hall, Hall Printing House; G. L. Pierre,
physician; John T. Little, Jr,, asslstant
attorney metropolitan Street Railway