The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-07-16
STOLEAWAY;A FINANCIER HUNT
GLOOMY MEET OF AM. FINANCE
ANDMORTG AGE co. INVESTORS.
Safe Bought ON Tick, Typewriters, Prln-
cfpAl Assets. on Instruments, Rent
unpaid-One Young Woman Run
ming Two More Esltes Concerns.

We Will SOItly steal away.
--Ptndfore Chorus.
All day yesterday there was a steady
stream of investors" going to and from
that gateway to sudden wealth known as
the American Finance and.Mortgage Com
pany, which, until two davs ago, occupied
the fourth floor of liz Wall street. II was
a gloomy procession, with several women
In its ranks. A young girl who came with
q well-dressed, farmer-looking old gentle
man, who might have been her father
was an exception so far as the gloom was
concerned She was clipper.
Have they skipped" she smilingly asked
one Of the tenants of the building
Looks very much like it, was the reply.
We'll, we'll 60 up and rattle the doors
anyway" she said
The only change in the appearance OF
the offices from the day before was that
on the door of the one marked entrance"
there was tackled dispossess notice, set
ting forth that whereas the sum of $50.
rent for the month from the list of July to
the ist Of August, remained unpaid, Caroline
II. Lyman, through her agents, Z. A. Cruik-
shank 4 Co., gave notice that unless the
same was paid within three days the
tenants goods would be removed.
There were many other varieties Of call
ers-not including policemen. Among
others were representatives of the Rem
ington Typewriter Company, the Diebold
Safe Company and the telephone COM
pany. The typewriter company wanted
to get either a couple of typewriters, pur-
chased on the instalment plan or else the
amount remaining due and unpaid thereon.
The alluring circulars of the concern were
produced on these typewriters. The safe
companys representative came with a
truck to take away the safe and waited
for an hour or more, but did not venture
to force his way in and take the property.
There was a balance of $40 due on the safe,
and demand was made for this last week
Explanations We're offered by the American
Finance and Mortgage Company, in lieu
of this appalling amount OF cash, but the
safe people insisted on coin OF the country
When this was not forthcoming, they
changed the combination of the safe, and
from that day until it entirely vanished
the finance and mortgage company did
not have access t0rits treasure vaults.
The telephone companys representa-
tive merely came around to find out what
was the matter. Central was getting
about crazy trying to fulfil demands to
once with 1912 John, which was the Ameri-
can Finance and Mortgage Companys
number, and which no amount of bell
ringing was able to raise.
Besides the investors and the creditors
there came to the Offices of the vanished
company yesterday scores of kilograms
from investors asking the company to
Dictated that the concern had operated
largely west of the Mississippi River. There
were messages yesterday from as far away
as Los Angeles, Cal, and from several
points in Oregon,
Among the professional men who appeared
as investors, physicians were in the lead,
with clergymen next. There was a large
grist of clergymen.
Fernando Baltes, who was the chief
executive officer of the American Finance
and Mortgage Company, also appears as
president of the Independent Guaranty
and Trust Company in the Lords Court
Building EXCHANGE place aC,so ana Wi, tSa
Independent Guaranty and Trust Com
pany is the Federal Securities Company.
Both of those financial institutions were
represented yesterday by young woman
who had not seen MIR. Baltes since the day
before. She did not know whether he
would be down to-day or not, but she was
very positive he was still in the city.
At E. A. Cruikshank Co real estate
office, 14l Broadway, it was said yesterday
that the vanished finance company rented
the Offices at 1l2 Wall street a little over
year ago,
They were Philadelphia concern,
said representative of Cruikshank's yes
terday "They gave Philadelphia refer
ences, and we looked them up as well as
We could They were chartered in Della
ware and represented that they were going
to do business in commercial paper only,
said nothing about any stock dealing
1t is only within the past two or three
months that kilograms have been coming
in with reference to Investments Prior
to that the concern did little telegraph
business. The day before it vanished, the
company's telegraph bill was sl4, which
was paid.
1t has been suggested that the departure
last week for Europe of A. r. Goslin, patentee
of get-rich-quck processes, is remarkably
simultaneous with the cessation of the
activities of this bunch of financial
institutions.
Assets of the American Finance and
Mortgage Company amounting to 1886
have been found in n bank and attached
by August j. De kantstein. The deputy
sheriff didn't bother TO take possession OF
the empty nest at ll2 Wall street. Mr..
DE kantstein says that the company owed
him $4,000 for organizing the National
Ore and Smelling Company and paid
him $500 on account