The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-05-05
RAID DIAMOND MINE FAKlRS.
rorICr lLEiN OIT "DRiTISH-
,rEIttN FINANCE COMPANY"
NAIL street Concern That offered Per
cent. II Month--(arilOad Of Impu.
d,pt Literature Seilcd--Dritlsh Consul.
ate and Post Ofiice Help In Exposure.

&,
H., police and tho Federal authorities
.,,,,a a raid late Yesterday afternoon on
,to onices of the b ritish- African Finance
,,rn,uy, AT 9 Wall street. The raiders
oo,ssratcd everything portable and then
srr,stcd John j. Prince Of S Fast lO8th
.,rs,t. li. son. Joseph r. Prince, and Horace
p,,rkmur OF AOi State street. Brooklyn
The police and Pcstoffice Inpector Boyle
,o,s lad the assistan Of several COM
claimant, who do not live in New York
=, Nh. Scotland Yard officials, and of Sir
percy samderson, the British ConsulGen-
,ral here, in working up the case.
The British African Finance Company
ia. been at Wall street since Jan /, having
moved from 90 Wall street. The company
rIrpor'od 10 I've registry and fiscal agents"
and advertised in circulars and prospectuses
That they were selling the bonds Of the
Nokarua Company. Limited. which ac-
rordinE to the circulars was organized in
January. 1902, To acquire control of
three diamond mines in South Africa near
the Kimberley mines.
some Of the circulars said thu the bonds
- ~" company were selling at $40 each
a,i that they paid dividends of 5 per cent
srlrurh, or 10 per cent. year,
Thr-' dividends are guaranteed said
w. IN ,,'.'.,,,', in Iooa '''> Wv W."
III ,',,nnorw also turned ort tons Of
,rospro'u-ns and maps The prospectuses
s"I ,I Tree nine 81 h,,if AZ ooO aeras ~
'n,I ,l,ini .,snrds an inayha,s, ma
n,,,,'l,. ~ ramondifernus CLAW investors
rPn'i ,,,.;,sI 10 n,ota ali ran,;tt,nnas ,,ar'
auln TO John B. Austin, Manager the
British African Finance Company. Wall
~ .;,,,oJ nr w,rLIo;,,n, l., ,,o .,so l.
uii,arn 't n iRush ~ New on ,l Mr.
n,,I", n.alied ' IL, some Of ,lo hmMd. Of ,,a
N"I, "or,n ~ 1;n,;,nd nud " ,hn,,
>' f. "a, "raran ",s' III
III aH' t "p ro,,r ~, we onn 10, y, t,n
",. Wa" ras .rha pri,ish R.nL ~ So,,,h
.f w.. T 81, y, ", ~
-, S,.,tird pa'i Gon,h s Mioe ~ ~
,, Tnn' .,,;ni u, s ~, H., ,hat 'iora
'F' ppI', M.'',' ,,;I .''"' '''e'c
TIar 10 1a," Vor,' nn,ina h".r,, fror,
=, non tie New YORK ponce h'ard from
Mr BUSH. inspector Nlc' ',1sky conferred
WIN loSt once Inspector boyle ana they
e. TotG'," Of , Me '%S nEann,
Limited, was down in IN" circulars As Sir
Frederick tammlngton. McClusky and
BOYLE asked the scotland Yard people u
hey knew sir Frederick or any OF me a.
rsciors named. Scotland Yard SAID II
The police took the literature to Sir Percy
Sanderson. He showed lively interest in
the, map of the Nokannaa diamond fields
and of the neighhorng district t, issued by
The concern al wall street. Inc Brltlsh
Consulate Is we'll equipped with maps, and
when the map OF the Kimberley district
vas examined no trace OF the Nokanna
fields was found.
TWO other references named We're me
Empire Mercantile Agency, al 3ls-32O Canal
street, and Edward Hartman & Co, 81 Wal!
street. In the basement under the saloon
az the Canal street address is the office or
the Manhattan Dust Absorbing Floor Oil
Company. The police say the head OF that
concern Is David >. prince' another son 81
the elder Prince. and that David receives
mail addressed to the Empire, Mercantile,
Agency. The police also say that Edward
Hartman d 20. used TO have offices a. =.
Wall street, but that their mail mas beel'
received for several months by the eldest
Prince al " wall StTeet.