Omaha daily bee., 1903-02-17
GET RICH MEN INDICTED
st. Louis Jury Calls Turf Investment
Firm to Book.
CHICAGO DETECTIVES CONTINUE RAIDS
Excited Customers Surround Locked
Doors Seeking TO Recover Money
Entrusted to Arrested or Bolt
ing Betting Agents.

ST. LOUIS, Feb. 16.-The joint legislative
committee appointed to investigate the
methods of business followed by turf and
other investment companies for the purpose
of using the information as a guide in the
enactment OF corrective legislation got down
to business.
summons was served on somebody in
terested In each of the concerns and the
day was spent examining witnesses.
Turf Investment Companies-E. ]. Arnold
& Co., J. ]. Ryan Co., International In
vestment company, the Christy syndicate.
st. Louis Turf syndicate, 3rolaski Invest
ment company.
Brokerage Firms-Cleag Commission COM
pany, Brooks Brokerage and Commission
company, Donovan Commission company,
Thomas Z. Price & Co., brokers; Rialto
Grain and Securities company, Colonial Sc
curities company, Security Investment com
pany. National Securities company. United
Securities company.
John J. Ryan, head OF the turf invest
ment company bearing his name, was ar
rested this afternoon on a bench warrant
issued by Judge Douglas. Ryan had been
at the -Four Courts all forenoon in company
with his attorney, Charles B. holland, wait
ing to testify before the grand jury.
spiracy to commit fraud, which is the same
charge brought in the indictment against
Arnold and Gill, who are believed to have
gone to Mexico.
In the circuit court today DR.. william
F. Kier obtained writ OF attachment for
50, 100 against John J. Ryan. doing busi-
ness as John J. Ryan G. Co. Service was
had on Ryan while he was in the grand
jury room at the Four Courts. Accounts
held by Ryan in eight or ten St. Louis
banks and trust companies were made the
objects OF garnishment writs.
Indictments charging fraud and conspi-
racy were returned by the grand jury to-
day against o. w. Deppler, manager Of the
John ]. Ryan Turf Investment company.
Deppler is at present in Cincinnati, but
ne was notified by counsel for the company
to return to St. Louis and surrender him
self and that bond had been arranged for
him.
Ryan was released on bond and said;
I have no fear of the result Of my trial.
I have not wilfully committed a wrong,
had no intention to defraud any person
! and mad not Arnold broke 1 would still be
| doing business.
More Chicago Firms Raided.
CHICAGO, Feb. l6.-Continuing their
| policy OF aggression against turf invest
ment companies, the police today raided
the office OF ]. c. Rose & Co. They found
the doors locked. thorough search OF
the ofice disclosed the fact that all the
/ company's books had disappeared, only a
| few papers being found in obscure drawers
When Benedict & Co.'S once was opened
this morning over 200 persons we're waiting
| at the doors, all of whom held certificates
/ Of investment upon which they demanded
returns The crush became so great thai
all the doors were locked and only one
person at a time was admitted. BY moon
| SIC, 900 had passed from the company tC
the hands Of investors.
The case Of Harry Brolaski. whose place
was raided Friday was continued TO Feb
ruary 20. Brolaski being held under $50
bonds. G. w. loren and II. B. Blackstone
managers OF the Midcontinent Investmen
company, also were granted continuancee
A mass meeting Of the victims OF tn,
various investment companies viii be hell
tomorrow in order to map out a campaign
Of prosecution.
Benedict & Co. was the only one OF tn
alleged fraudulent turf concerns that mad
good ifs promise that II would pay al
subscribers who presented their certificate
today. II. Brolaski & Co. closed it's door
Saturday and today an agent stood In from
OF the dor and informed all inqurers tha
the once would not be opened until mex
fMOnday, when everyone would be paid
II. B. Blackstone. local agent for f.
Arnold & Co, was locked up when his cas-
was called today, on failure to secure bonds
men, to await his hearing on Februar
20. his bond being fixed at $500 The ono
OF George Silver. go Wabash avenue. wa
raided today, but when the police arrive
the doors were locked and the occupant
had disappeared. Evidences we're founs
however. it is said, which tended TO sho