The Denison review. [volume] (Denison, Iowa) 1867-current, 1902-03-21
3. 5. Barnes Fails.

E., .. GdFuCS, WuO CduC w DSaASOa |
about two years ago and commenced
buying stock has failed for thousands
of dollars He is now in jail awaiting
trial, being placed under six Thousand
dollar bonds which he was unable to
furnish. The amount of his failure is
said to be between $4,000 and $4,000,
and may be the cause of other failures
throughout the state. The first news
of his trouble was last Friday when a
representative of Sioux City firm
came to Denison and asked for the set
Element of claim of $4500, which they
held against cattle Barnes had pur-
chased. Mr.. Barnes was given days
notice to get the money and failing to
do so the matter was placed in Attorn-
ey O Hare's hands and Barnes was ar
rested. He was taken before Justice
McLennan and placed under $4,000
bonds. Later Developments have
brought to light many deals in which
Barnes has been the principle. A
gentlemen came in from Britt, Iowa,
with claim for 1920. He was a mem
| Der of the firm of Schriver Bros. and
had sold Barnes lot OF cattle and he
had taken possession and shipped them
to Omaha. However on Monday Barnes
sent telegram from the Jail to this
firm saying they could intercept the
cattle. They failed to get to Omaha
in time and now the cattle are gone
and Schriver Bros. are the losers. This
means severe loss to them and per-
ihaps failure. Again, man from Have
lock, Iowa, turns up and says Barnes
purchased fifteen car loads of cattle up
at that place, the amount being $4,000
About $4,000 of this amount had been
paid by Barnes. We have not heard
Mr.. Barnes side of the case. He evil
IDENTIFY expects to get the matter
Strengthened out in some way. He had
ample opportunity to leave town. he
undoubtedly was aware that as soon
as one firm got him others would be
at his heela.
Mr.. Barnes has been quite heavy
s speculator in stock. He has built uI
9 Denison's market-perhaps to the det
riment of others = to 9. high
4 stranding. Farmers would make hauls
. of great distance to come to Denison
1t is rumored that he was not YER.
5 careful in his buying, always paying
$ high prices. One instance is citet
u where he paid two cents more than tn,
e commission men of Omaha were pay
ing. Anather instance is that he ship
ped to Sioux City when by shipping t
Omaha he could have received 50cent
more The reason foc this was per
haps that he had obligations at Siou.
City.
There is one mysterious feature i
the case concerning which charge
have been brought by schriver Bro.
against the Western Union Telegram
Co. Schriver Bros. who were havin
dealings with Barnes received differ
ent dispatches purporting to be signe
by the Bank of Denison stating tina
that bank would honor Barnes drai
for various sums. in one case tn
amount being sseO0.00. These di.
patches the bank denies having ser
. and state that they have no knowledg
al of them 1t is said that the operate
W here states that these dispatches wer
d, telephoned to him and that he did nc
W recognize the voice as being the voic
ly of anyone connected with the banl
id Nevertheless the dispatches were sen
=, owing to these dispatches that cred
was extended to Barnes as it was, an
y that on that account the Telegraph G.
up is liable for sending unauthorized di
I'd patches. Taken as whole it is ba(
m ly mixed affair and several times du
ing the week has it been supposed tn,
settlement would be effected, oul
to have all plans miscarry
"a Mr.. Barnes has been an energet
til and overly ambitious man. He hi
81 evidently attempted to carry on bus
- ness on larger scale than his capit
ne would permit, although his friene
ne maintain that had the demands for pa
ne ment come singly and not been presse
~ as they were, he would have been alb
to have weathered the storm, and wi
e pay all claims in full. We trust th
rt the parties involved may not be exec
Id sive losers and that Mr.. Barnes will
%. able to clear himself of the Grimm
:. charge now lodged against him.
"
g Miss Jessica Morgan has returned