The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1900-05-11

They were prepared as stated
to undertake anything from financier-
ing meritorious invention to organ
izing stock companies and furnishing
capital.
E. j. Looney, whose name appears
first on the card, has for many years
been resident of Morristown, where
he was at one time engaged in the drug
business at No. 1 South street, under
the firm name of Looney & Tuska.
Some years ago fire played havoc with
their stock, heavy losses were sus-
tanned, the fire insurance companies
stubborniy fought the claims for losses
as presented The case was carried to
the Supreme Court, where the verdict
of the jury against them was sustained.
e. j. Looney, the senior member of
j. H. Williams & Co., spent con-
siderable time in the Morristown
Office, where according to Miss Parsch,
the private secretary of Williams or
Watson or whoever he may be, during
the frequent absences of the heavily
aliased banker, opened the mail
and appeared to act as one having
authority and who was familiar with
the peculiar methods of the concern.
J. H. Williams, who by the way,
is not twenty -one years of age, is the
dapper individual who registered at
the Mansion House as J. T. Watson,
of Philadelphia. The other party on
the firm card is j. P. Looney, who
has been more or less notorious about
Morristown, well known as "Patsey"
Looney, whose house, the Farmers
Hotel, had such an unsavory reputa-
tion that the Excise Commissioners
have never granted it license since
Looney's time.
Mr.. Watson or Mr.. Williams at once
proceeded to lease rooms on April IA,
from Mr.. Coghlan to whom he
told perfectly smooth story, as was
his custom. A lease for the room
over the latter's store, was drawn for
a year, upon which cash payment was
made for two months. Mr.. Williams
or Watson at once proceeded to pur-
chase supplies in town but for some
reason he met with poor success as in
almost every instance cash was de-
manded. The name of either of
the Looneys does not appear on the
letter heads or circulars of the Inter
national Loan & Investment Co., of
Morristown. With typewriters, stem
ographers at work, the aforesaid
banking headquarters soon presented
a very business like appearance. A
variety of letter heads was used in
the business of the concern; upon
one letter-head appeared the very Sc
ductive heading:
Morristown, N. J., 100
INTERNATIONAL LOAN & IN
VESTMENT co.
Placer of Loans.
Call Loans-Honest Loans-Mort-
gage, Insurance Loans and all forms
of Loans negotiated in all parts of |
the United States. Money handled |
through The Home and Colonial In |
vestment Co., of London, for Loans |
in Great Britain and the Colonies.
Loans placed in 1899-$164, $50, Gil. AZ |
Branch House of
Wall St., N. Y.
Eastern Office.
Call and Honest Loan Department.
Another one read:
INTERNATIONAL LOAN g. IN |
VESTMENT co.
Placer of Loans.
Call and Honest" Loan Dept.
The following confidential circular
was sent to the hundreds who re-
sponded to advertisements in southern
and western papers as shown in the
Chronicle last week:
IF your signature is unknown at
the bank please have it confirmed by
a notary public. This note is not made
payable at any interest as the interest |
on the total amount for the total num-
ber of years and months is deducted
before the money is forwarded to you.
AS an instance: If you borrow from
rs $500 for one year the note will be
made payable for $500, but we will