Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1900-07-14
CREDITORS N [ORGR|.
King Of the Bucket Shops Of New
York Decamps With Large
Sum.
His Creditors Loft in the Lurch
With Claims Amounting to
100000.
Spectators Look in Vain for the
Smooth Young Promoter
Other News

Other News
New York. July.1 4-Deputy sheriffs.
creditors and lawyers are clamoring
for Lewis Tewksbury, the bucket-shop
king, for Tewksbury has gone hence
and no man to whom he owes money
knows whittier.
One thing is known, however, and
that is that Lewis Tewksbury. reputed
millionaire, owner OF the great PAGER
Robert j. and bright light in New
York's fast speculative circles, leaves
creditors to whistle about 100000
worth-perhaps more.
Tewksbury is young man and a
smooth man. Heais lover of the arts,
lover of fine horses and an adept in
enjoying the good things Of life. Three
years ago he narrowly escaped trouble
for sharp practices on the Consolidated
Exchange, but he slipped out OF it with
great adroitness.
From all the Information that can be
gathered Tewksbury knew that crash
| was imminent long time ago and pre-
pared for it. He has thoroughly dis
appeared and hundreds mourn. Three
claims alone against him aggregate
@$l54,0OO
w. Browning-Johnson is the name of
the man who precipitated Tewksbury's
departure from New York. w. Browns
! ing-Johnson, having money and a de-
sire to have more money. went to the
| palatial offices of Tewks bury & CO.. in
| the Edison building, al 81 Broadway, on
| May 10. He gave utterance to desire
I to speculate and was assured that
| when il came to speculation he was in
the right place.
! In his affidavit, upon which Justice
4 Mo Adams, of the supreme court, ems
powered the sheriff to seize Tewks-
bury's effects, w. Browning-J Johnson
sets forth that he then and there de-
Iposited with sTewksbury for investment
| in sugar and oil the sum OF $3.50.
,Tewksbury ran what is known as
mail order advisory bucket-shop. He
had many imitators who are either in
the penitentiary or have been narrow.
lyrescued from terms therein. The E.
is. Dean & Co. crowd worked along the
Hines that Tewksbury favored, but
their work was coarse and they were
exposed
i Miller. the 500 per cent man in Brook
lyn. had an elaboration OF Tewks bury's
plan. but he was not Tewksbury It
is a peculiar fact that Tewksbury,
while it was known that he ran buck
/ et-shop pure and simple, stood high in;
4 Wall street. He was regarded as ION
/ the Level and ii was said of him that
he never threw down his customers.
! From this dig.esslon 1, as we'll TO re-.
turn to the affidavit Of w Browning
johnson. who goes on to swear that on
i June he made an additional deposit
4 of $500. He allowed things to run on
4 until July II, when he ordered that all
I5stocks held for his account be sold.
4 The profit on paper a, that date. the
4 affidavit says. amounted to $l4.062 w
Browning johnson had drawn 1880 In
cash. and made demand for the ball
i ance. He was asked to call the next
4 day. Not a shadow of doubt about the
reliability of8the firm of Tewksbury &
Co occurred to him, He appeared the
next day, the affidavit says, and was
asked to call on Niles & Johnson
Tewksbury's lawyers. w. Browning
johnson swears that H. B. Johnson. OF
the firm of Niles & Johnson, said to him
in effect:
Il am sorry. but the firm is broke
Tewksbury has absconded and taken al
1.-the assets with him."
w. BrowningJo Johnson was severely
shocked. He fastened to the Pierrepon,
apartment house. at Thirty-second
street and Broadway, where Tewks.
bury had maintained the most elabo.
rate bachelor apartments in the city.
i INF \; %6a,
they purchased Tewksburys lease and
furniture three months ago. Then W
Browning Johnson went to Lawyer B
Gerston Oppenheimer, and Lawyer OPP,
penheimer lost no time in getting Il
court.
Thus it was that Deputy Sheriff
Leavitt, with writ Of attachment
swooped down on the magnificent OF
ness was at fioodtide yesterday. TIL,
customers room was crowded Will
well-dressed men. Three handsomely
2 gowned women were in the crowd. a
volubly Interested as the male specula
. tors. Leavitt's raid created sensation
!. of mild nature at first. then panic
e One of the women said that Tewks
!. bury had $40. 900 OF her money in CAPT
{ 4
yer Oppenheimer. One OF the men toll,
: Lawyer Oppenheimer that he had re
Gently deposited with Tewksbury to Sc
cure speculative operations 100000 ii
government bonds. He offered to Sci
his claim for 10 cents on the dollar. an,
/. none could be found hankerlng for tn
bargain.
On the door leading to the offices o
Tewksbury & Co., Bankers" is a sig
!. announcing that Alexander NJ. Lowr
j: is special partner. Alexander n
]. Lowry was found in charge OF the OF
j. fees when the deputy sheriff made hi
!. raid. Lowry denied that he was spe
b cial partner. He said he was simply a
. employee OF Tewksbury, and likewise
n dupe OF the same man, and all tina
II could be discovered was that Tewks
bury had fed.
!. CAPITAL NEEDED IN CUBA.
L Ir--as.y, u>,.-oH. ruS. 1~-