The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1900-01-04

ing inducement held out in the Trust
pamphlet: In our stock operations
any amount may be invested: there is
no profit to us in handling accounts of
less. than 500, but, as many people de-
sire TO try our plans to assure them
selves of the correctness Of our state
ments we accept trial investments in
amounts from $50 upwards" One of
the most ailuring features in the
pamphlet lisa table OF figures showing
the growth of compound interest. TAX
ing 800 at per cent month. COM
pound interest, the sum Is shown TO
S17S,53 in one year, and $50 900 in ten
years
II is believed that a large number
of the investors allowed their money
to increase in the hands OF the Trust
at compound interest. and are now
minus all they invested. On the back
page of the pamphlet is this further ap-
peal: Compound interest is the great
est factor in producing all modern for
tunes"
"Testimonials'. from Customers.
The writer of this semi-annual state
ment evidently enjoyed a sense of hu-
NOR, as will be seen by a number of
testimonials from investors" that
we're printed. In a number of them.
which were dated December, 1897. the
Trust was wished Merry Christmas"
and "A Happy New Year" The testi-
monials, which were signed by initials.
were represented as having come from
all over the North. South. East and
West In all the Trust is praised for
promptness in paying dividends" and
most investors declared their intention
to send more money and to tell their
friends of the good thing" In one
letter. dated Shamokin. Pa. "Your
Christmas present of twenty-five good
cigars received" A Live Oak. Fla.
customer is represented as sending
thanks for a present of cigars and a
list of people who might be induced to
Invest. The humor OF the letter editor
may be found in the following epistle.
signed e. J. p" and dated Houston.
Tex: Il thought / would write you a
few lines and thank you for. your
promptness in sending my checks. |
will do my best for you"
There are now several hundred COM
plants Of investors on file in this city.
They have been sent to detectives and
LAWYERS who have been engaged to re
cover investments. also TO tae Limited
States District Attorney. the postmas-
ter. postal inspectors and to the Mayor
and city police The mail directed to
the Trust, which piled up tremendous
ly at the pOstOffice during the first
week following the closing of the Trust
offices and the disappearance OF those
who ran it, has fallen off, now that the
collapse Of the concern has become
known throughout the country. There
are two score of registered mail pack
ages, postal orders for thousands Of
dollars and several thousand letters
held at the postofiiCe. In time all the
mail will be sent back to the senders.
The funds of the Trust said to have
been left on deposit in bank are moi
believed to amount 90 more than
81 900. while the claims Of investors
already heard from foot mp $4,000.
The whereabouts of the Trust sccre-
tary, Charles l.. Work, who is believed
to have been the head man in the COIL
cern, and Manager j. Wells Leavitt"
are still unknown. Detective Miller
was told a few days ago that President
Lipman Keene, who by most people is
believed 10 be a myth, is in New York.
A hunt for him is to be instituted. and.
there is promise that legal steps VIE
be taken this week. following the max
ing of afiidavits that the mails have
been used in a fraudulent manner, and
that there have been other violations
of law